NOT LISTED FOR SALE

15 Sill Ln Old Lyme, CT 06371

Estimated Value: $1,446,083 - $1,789,000

5 Beds
6 Baths
4,755 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $1,250,000 $263 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,696/month

10 Days on Market

Highlights

  • 2.44 Acre Lot
  • Colonial Architecture
  • Attic
  • Mile Creek School Rated A
  • Wetlands on Lot
  • 4 Fireplaces

About This Home

As of October 2021

This is the one you've been waiting for! Gorgeous antique colonial in a fantastic location close to town and steeped in Old Lyme history, this beauty was home to four notable members of the original Lyme art colony. Once owned by Frank Bicknell and Louis Cohen and then separately rented out to artists William Chadwick and Bruce Crane, this inspiring property boasts a beautiful artist studio and the character, versatility and charm one would expect from such lineage. A chef's kitchen with a built-in banquet eating area, multiple ovens, work spaces and refrigerators flows invitingly into a family room with a fireplace and french doors beckoning to the terrace and beyond. An eating atrium is accessible from the kitchen and allows for Parisian type dining on those beautiful shoreline evenings. A first floor master is directly off the family room and is comprised of an office, dressing room, walk-in closet and master bath with a large soaking tub and steam shower. Upstairs are three bedrooms and a finished third floor playroom or storage space. There is a beautiful breezeway that leads to a large 19x12, three season sun room and separates the main house from a work-out area and large, one bedroom apartment overlooking the backyard. Outdoors, a massive, enclosed garden will delight those eager to dig in the dirt, and an outdoor shower to wash off when needed. A glorious copper beech tree partially shades the large, walled terrace. A bocce/boule court enhances the property.

Last Agent to Sell the Property

Julia Rathkey

Coldwell Banker Realty License #RES.0793364 Listed on: 08/06/2021

Coldwell Banker Realty

Last Buyer's Agent

Cheryl Auerbach

Berkshire Hathaway NE Prop. License #RES.0770213

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,780

Year Built

  • Built in 1750

Lot Details

  • 2.44 Acre Lot
  • Level Lot
  • Garden
  • Property is zoned R40

Home Design

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

Interior Spaces

  • 4,755 Sq Ft Home
  • Sound System
  • Ceiling Fan
  • 4 Fireplaces
  • French Doors
  • Solarium
  • Home Gym
  • Concrete Flooring
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Attic

  • Walkup Attic
  • Partially Finished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Wetlands on Lot
  • Balcony
  • Enclosed patio or porch
  • Terrace
  • Exterior Lighting
  • Breezeway
  • Rain Gutters

Location

  • Property is near a golf course

Schools

  • Lyme-Old Lyme High School

Utilities

  • Zoned Heating
  • Radiator
  • Heating System Uses Oil
  • Radiant Heating System
  • Power Generator
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,780

Year Built

Built in 1750

Lot Details

0

Listing Details

  • Neighborhood: Sill Lane
  • Property Type: Single Family For Sale
  • Style: Colonial, Antique
  • Sq Ft Est Heated Above Grade: 4755
  • Public Record Living Room Sq Ft: 4755
  • Total Sq Ft: 4755
  • Year Built: 1750
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Paddle Tennis, Tennis Courts
  • In Law Access: Over Garage
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 9409
  • Directions: Rte 1 to Sill Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 4
  • Attic Description: Walk-up, Partially Finished
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor, Interior Access, Sump Pump
  • Interior Amenities: Audio System, Cable - Available, Security System
  • Appliances: Electric Range, Gas Range, Wall Oven, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Exercise Room, Laundry Room, Solarium
  • Laundry Room Location: Separate laundry room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Balcony, Breezeway, French Doors, Garden Area, Gutters, Lighting, Porch-Enclosed, Terrace
  • Exterior Siding: Clapboard, Wood, Stucco
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Air, Radiant, Radiator, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 2.4400
  • Lot Description: Some Wetlands, Level Lot, Professionally Landscaped
  • Zoning: R40

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 13780
  • Total Assessed Value: 591400
  • Mil Rate Base: 23.300
  • Mil Rate Total: 23.300
  • Assessor Parcel Number: 1552207

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 19, 2021
Sold by
Cooley Jeffrey W and Cooley Elizabeth B
Bought by
Cosgrove Bradly J and Wait Kristin
Seller's Agent
Julia Rathkey
Coldwell Banker Realty
Buyer's Agent
Cheryl Auerbach
Berkshire Hathaway NE Prop.
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,519,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,975
Avg. Annual Appreciation
7.25%
Original Mortgage
$1,000,000
Outstanding Balance
$915,855
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$715,173

Purchase Details

Closed on
Sep 29, 2000
Sold by
Oakley Deborah D and Oakley Harry S
Bought by
Cooley Jeffrey W

Purchase Details

Closed on
Dec 31, 1992
Sold by
Mcginley Georgiamary
Bought by
Oakley Harry S and Oakley Deborah D
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Cosgrove Bradly J $1,250,000 None Available
Cooley Jeffrey W $637,000 --
Oakley Harry S $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosgrove Bradly J $1,000,000
Previous Owner Mcginley Georgiamary W $340,000
Previous Owner Mcginley Georgiamary W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $1,250,000 0.0% $263 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $1,250,000 -- $263 / 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 $15,612 $961,900 $281,900 $680,000
2024 $14,430 $591,400 $203,300 $388,100
2023 $13,898 $591,400 $203,300 $388,100
2022 $13,898 $591,400 $203,300 $388,100
2021 $13,780 $591,400 $203,300 $388,100
2020 $13,720 $591,400 $203,300 $388,100
2019 $14,266 $636,600 $182,500 $454,100
2018 $13,948 $636,600 $182,500 $454,100
2017 $13,846 $636,600 $182,500 $454,100
2016 $13,496 $636,600 $182,500 $454,100
2015 $13,127 $636,600 $182,500 $454,100
2014 $11,912 $605,900 $182,500 $423,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170427663

SmartMLS

APN: OLYM-000028-000000-000146