NOT LISTED FOR SALE

114 Sill Ln Old Lyme, CT 06371

Estimated Value: $467,000 - $638,000

4 Beds
1 Bath
2,376 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 01, 2023

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

Est. 55% increase in value since last sale

Current estimated payment $3,350/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 Agent to Sell the Property

Beth Fournier

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

Compass Connecticut, LLC

Co-Listed By

Michael Marsden

Compass Connecticut, LLC License #RES.0772029

Last Buyer's Agent

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

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

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
  • Mil Rate Base: 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%
Views
279
Current Estimated Value
$543,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,032
Avg. Annual Appreciation
17.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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 List to Sale Price per Sq Ft
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
2025 $5,891 $363,000 $222,500 $140,500
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

    2 in this area

    46 Total Sales

    Beth Fournier
    Section Image
  • Michael Marsden

    Seller Co-Listing Agent in 2023

    Michael Marsden

    Compass Connecticut, LLC

    (860) 334-1379

    1 in this area

    93 Total Sales

    Michael Marsden
    Section Image
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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

Not Listed for Sale

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