$2,275,000
SOLD DEC 2, 2024

118 Sill Ln Old Lyme, CT 06371

4 Beds
4.5 Baths
5,935 Sq Ft
2.78 Acres

Recently Sold

$383 Per Sq Ft

8% Above List Price

2 Days on Market

Highlights

  • Barn
  • Heated In Ground Pool
  • Waterfront
  • Mile Creek School Rated A
  • Sub-Zero Refrigerator
  • 2.78 Acre Lot

About This Home

As of December 2024

"The Daniel I. Lay House" an outstanding C1800 colonial & its red barn, probably built for Capt.Sill, sit on 2.78 park like acres, fronting "Upper Mill Pond". A country setting, yet minutes to Old Lyme village shops & the renowned "Coffees" gourmet store. This pristine residence retains many wonderful original features, but the current owner has lovingly, updated, renovated & added several gorgeous features indoors and out, to create the luxurious living & amenities expected with this level of superior property! The main level features an elegant front hall, home office, formal living room and library both with fpl, and a romantic formal dining room with fpl. The magnificent & expansive eat-in gourmet w/fpl large walk in pantry & mud room were created a few years ago and above is the primary bedroom suite with its private staircase. There are 3 further bedrooms and 2 full baths in the front of the house with their own staircase. An attached 3 bay garage with a huge exercise room and shower above was recently created (could be an in-law, au pair or staff quarters). It has an elegant brick hallway connecting to the main house & features a separate entry, mud room, pet shower stall and pet pantry on the way. The grounds are beautifully landscaped, with a handsome inground salt water Gunite pool, surrounded by glorious hydrangeas, formal flower gardens, a firepit, the red barn and pond. All very private and gated. 2+/- hrs to NYC and Boston, 1 hr to Bradley & Greene airports.

Last Agent to Sell the Property

Roger Parkman

William Pitt Sotheby's Int'l License #RES.0523328 Listed on: 09/23/2024

William Pitt Sotheby's Int'l

Co-Listed By

Cynthia Sigurdson

William Pitt Sotheby's Int'l License #RES.0824125

Last Buyer's Agent

Rosemary Russo

Century 21 AllPoints Realty License #RES.0593069

Century 21 AllPoints Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,925

Year Built

  • Built in 1800

Lot Details

  • 2.78 Acre Lot
  • Waterfront
  • Stone Wall
  • Sprinkler System
  • Garden
  • Property is zoned R-20

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 5,935 Sq Ft Home
  • 5 Fireplaces
  • Thermal Windows
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Home Gym
  • Concrete Flooring
  • Walkup Attic

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Smart Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Home Security System
  • Smart Lights or Controls
  • Smart Thermostat

Parking

  • 5 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Terrace
  • Exterior Lighting
  • Breezeway
  • Outdoor Grill
  • Rain Gutters

Schools

  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Power Generator
  • Private Company Owned Well
  • Cable TV Available

Additional Features

  • Modified Wall Outlets
  • Energy-Efficient Lighting
  • Property is near a golf course
  • Barn

Listing and Financial Details

  • Exclusions: See MLS inclusion/exclusion form
  • Assessor Parcel Number 1553545

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,925

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Neighborhood: Sill Lane
  • Property Type: Single Family For Sale
  • Style: Colonial, Antique
  • Sq Ft Est Heated Above Grade: 5935
  • Total Sq Ft: 5935
  • Year Built: 1800
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Paddle Tennis, Private School(s), Tennis Courts
  • In Law Access: GARAG,ENTRY
  • Remarks Public Addendum: Included in this package is 120 Sill Lane parcel #1553546, which is a 1.5 acre approved building lot.
  • Exclusions: See MLS inclusion/exclusion form
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: Exit 70 from I95 N&S to Lyme Street, first left to Sill Lane
  • Financing Used: Cash
  • In Law Apartment: Possible
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 5
  • Attic Description: Walk-up
  • Basement Description: Full, Unfinished, Interior Access, Walk-out, Concrete Floor, Full With Walk-Out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Security System
  • Appliances: Gas Cooktop, Oven/Range, Wall Oven, Microwave, Range Hood, Subzero, Dishwasher, Washer, Dryer
  • Additional Rooms: Breezeway, Exercise Room, Foyer, Mud Room
  • Laundry Room Location: In hall to studio & in bedrm suite
  • Laundry Room Info: Main Level, Upper Level
  • Attic: Yes
  • Home Automation: Appliances, Electric Outlet(s), Lighting, Security System, Thermostat(s)

Exterior Features

  • Exterior Features: Terrace, Barn, Gutters, Lighting, French Doors, Grill, Garden Area, Stone Wall, Underground Sprinkler
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond View Access
  • Swimming Pool: Yes
  • Pool: Gunite, Heated, Salt Water, In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 5
  • Driveway Type: Private, Circular, Crushed Stone
  • Total Parking Spaces: 10
  • Garage And Parking: Barn, Attached Garage, Off Street Parking, Driveway

Utilities

  • Cooling System: Central Air, Split System
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Green Features

  • Energy Features: Generator, Thermopane Windows

Lot Info

  • Acres: 2.78
  • Lot Description: Secluded Treed Dry Level Lot Professionally Landscaped Water View
  • Zoning: R-20
  • Parcel #: 1553545

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 12925

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Dec 2, 2024
Sold by
Wacs Maris
Bought by
Prigionieri Vanessa and Prigionieri Steven
Seller's Agent
Roger Parkman
William Pitt Sotheby's Int'l
Buyer's Agent
Rosemary Russo
Century 21 AllPoints Realty
List Price
$2,100,000
Sold Price
$2,275,000
Premium/Discount to List
$175,000
8.33%
Views
13
Current Estimated Value
$2,412,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,276
Avg. Annual Appreciation
6.16%
Original Mortgage
$1,275,000
Outstanding Balance
$1,260,980
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,151,296

Purchase Details

Closed on
Aug 8, 2016
Sold by
Mccarthy Justin P and Mccarthy Lisa C
Bought by
Wacs Maris

Purchase Details

Closed on
Dec 26, 2000
Sold by
Gilman Steven A and Gilman Dorothy J
Bought by
Mccarthy Justin P and Mccarthy Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.71%

Purchase Details

Closed on
Mar 16, 1995
Sold by
Viet Henri C
Bought by
Gilman Steven J and Gilman Dorothy J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $2,275,000 None Available
Warranty Deed $2,275,000 None Available
Warranty Deed $815,000 --
Warranty Deed $550,000 --
Warranty Deed $377,500 --
Warranty Deed $815,000 --
Warranty Deed $550,000 --
Warranty Deed $377,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,275,000 Purchase Money Mortgage
Closed $1,275,000 Purchase Money Mortgage
Previous Owner $600,000 No Value Available
Previous Owner $550,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2024 12/02/24 Sold $2,275,000 +8.3% $383 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $2,100,000 0.0% $354 / Sq Ft
05/31/2012 05/31/12 Rented $4,000 -20.0% --
04/26/2012 04/26/12 Under Contract -- -- --
04/02/2011 04/02/11 For Rent $5,000 -- --
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 $16,434 $1,012,600 $228,300 $784,300
2024 $12,925 $529,700 $109,900 $419,800
2023 $12,448 $529,700 $109,900 $419,800
2022 $12,448 $529,700 $109,900 $419,800
2021 $12,342 $529,700 $109,900 $419,800
2020 $10,844 $467,400 $109,900 $357,500
2019 $11,971 $534,200 $129,900 $404,300
2018 $11,704 $534,200 $129,900 $404,300
2017 $11,160 $513,100 $129,900 $383,200
2016 $10,878 $513,100 $129,900 $383,200
2015 $10,580 $513,100 $129,900 $383,200
2014 $10,162 $516,900 $140,000 $376,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24046810

SmartMLS

APN: OLYM-000060-000000-000014