NOT LISTED FOR SALE

114 Sill Ln Old Lyme, CT 06371

Estimated Value: $450,000 - $494,000

4 Beds
1 Bath
2,376 Sq Ft
$197/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $350,000 $147 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,940/month

3 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Colonial Architecture
  • Mile Creek School Rated A
  • 0.87 Acre Lot
  • Attic

About This Home

As of March 2023

LOCATION, LOCATION, LOCATION! And old adage that is apt for this antique home in need of full restoration on a generous lot on Upper Mill Pond. Home being sold as-is, where is. Home will be broom clean with all personal property removed.

Last Listed By

Beth Fournier

Compass Connecticut, LLC License #RES.0814763 Listed on: 02/09/2023

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,033

Year Built

  • Built in 1923

Lot Details

  • 0.87 Acre Lot
  • Home fronts a pond
  • Stone Wall
  • Level Lot
  • Open Lot
  • Property is zoned R-20

Home Design

  • Colonial Architecture
  • Gable Roof Shape
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 2,376 Sq Ft Home
  • 1 Fireplace
  • French Doors
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Covered Deck
  • Enclosed patio or porch
  • Shed

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Hot Water Circulator

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,033

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Neighborhood: Sill Lane
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2376
  • Public Record Living Room Sq Ft: 2376
  • Total Sq Ft: 2376
  • Year Built: 1923
  • Nearby Amenities: Golf Course, Lake, Library
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3571
  • Tax Year Updated Dt: 02/09/2023
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway, Unfinished
  • Attic: Yes
  • Street Number Modifier: 114

Exterior Features

  • Exterior Features: Covered Deck, French Doors, Porch, Porch-Enclosed, Shed, Stone Wall
  • Exterior Siding: Clapboard
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle, Gable
  • Waterfront Description: Direct Waterfront, Frontage, Pond
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 0.8700
  • Lot Description: Open Lot, Water View, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R-20

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4033
  • Total Assessed Value: 171600
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 1553544

MLS Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Feb 3, 2023
Sold by
Mutchler Daniel D
Bought by
Gateman Jeffrey and Gilmore Cassandra
Seller's Agent
Beth Fournier
Compass Connecticut, LLC
Buyer's Agent
Beth Fournier
Compass Connecticut, LLC
List Price
$250,000
Sold Price
$350,000
Premium/Discount to List
$100,000
40%
Total Days on Market
3
Views
279
Current Estimated Value
$467,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,318
Avg. Annual Appreciation
8.92%

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gateman Jeffrey $350,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $350,000 +40.0% $147 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $250,000 -- $105 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,187 $171,600 $106,000 $65,600
2023 $4,033 $171,600 $106,000 $65,600
2022 $4,033 $171,600 $106,000 $65,600
2021 $3,998 $171,600 $106,000 $65,600
2020 $3,981 $171,600 $106,000 $65,600
2019 $4,906 $218,900 $125,300 $93,600
2018 $4,796 $218,900 $125,300 $93,600
2017 $4,761 $218,900 $125,300 $93,600
2016 $4,641 $218,900 $125,300 $93,600
2015 $4,514 $218,900 $125,300 $93,600
2014 $4,455 $226,600 $134,900 $91,700
Source: Public Records

Agents Affiliated with this Home

  • Beth Fournier

    Seller's Agent in 2023

    Beth Fournier

    Compass Connecticut, LLC

    (860) 207-6288

    1 in this area

    44 Total Sales

    Beth Fournier
    Section Image
  • Michael Marsden

    Seller Co-Listing Agent in 2023

    Michael Marsden

    Compass Connecticut, LLC

    (860) 334-1379

    3 in this area

    109 Total Sales

    Michael Marsden
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170549687

SmartMLS

APN: OLYM-000060-000000-000013

Connecticut New London County Old Lyme 06371

114 Sill Ln, Old Lyme, CT

Homes for Sale in Old Lyme, CT

This home is located at 114 Sill Ln, Old Lyme, CT 06371 since 09 February 2023 and is currently estimated at $467,318, approximately $196 per square foot. This property was built in 1923. 114 Sill Ln is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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