NOT LISTED FOR SALE

16 Library Ln Old Lyme, CT 06371

Estimated Value: $1,073,000 - $1,125,222

3 Beds
2.5 Baths
2,278 Sq Ft
$482/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $405,000 $178 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $6,607/month

161 Days on Market

Highlights

  • 1 Acre Lot
  • Fruit Trees
  • Attic
  • Mile Creek School Rated A
  • Ranch Style House
  • No HOA

About This Home

As of August 2017

Spacious and Elegant Spaces throughout this Special Home, all on one floor, conveniently located on a quiet lane in the heart of Old Lyme, near the town library, art galleries, school, town hall & village shops. Large Great Room greets you with gorgeous custom Kitchen, granite counters, stainless steel appliances and center island with breakfast bar open to Family Room with Bamboo floors. Sunken Living Room with vaulted ceiling and new bay window, Master Suite with dressing area, walk-in closet and master bath.Wonderful location in Old Lyme Village offering privacy and peacefulness! Spectacular, sunfilled Sunroom with skylights. Beautiful stone walls, gardens and attractive landscaping surround this fabulous home. Environmentally friendly home with Solar Energy and Geo-Thermal Heat! A very special Old Lyme Village Home!

Last Agent to Sell the Property

Laurie Walker

William Pitt Sotheby's Int'l License #RES.0417234 Listed on: 02/05/2017

William Pitt Sotheby's Int'l

Last Buyer's Agent

Jeff Coleman

Hagel & Assoc. Real Estate License #RES.0791592

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,879

Year Built

  • Built in 1979

Lot Details

  • 1 Acre Lot
  • Fruit Trees
  • Garden

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 2,278 Sq Ft Home
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Solar Water Heater
  • Solar Heating System
  • Heating system powered by solar not connected to the grid
  • Heating system powered by passive solar

Outdoor Features

  • Wrap Around Balcony
  • Gazebo

Schools

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

Utilities

  • Central Air
  • Floor Furnace
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,879

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 2278
  • Year Built: 1979
  • Easements Right Of Way: driveway
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Located in Old Lyme Village, take Lyme Street to Library Lane. House is on the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Floored, Storage Space
  • Basement Description: Concrete Floor, Full, Unfinished
  • Interior Amenities: Cable - Available, Auto Garage Door Opener
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Fruit Trees, Garden Area, Gazebo, Wrap Around Deck
  • Exterior Siding: Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Geothermal, Solar
  • Hot Water Description: Solar Assisted
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Lyme -Old Lyme

Green Features

  • Energy Features: Geothermal Heat, Passive Solar

Lot Info

  • Acres: 1.0000
  • Lot Description: Professionally Landscaped

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 6879
  • Assessor Parcel Number: 1553305

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2025
Sold by
Zimmerman Richard A and Zimmerman Lynne D
Bought by
Zimmerman Irt Grantor T and Zimmerman Z
Current Estimated Value
$1,097,806

Purchase Details

Closed on
Jun 28, 2002
Sold by
Scarroni Sue Carol
Bought by
Hamilton Jonathan S and Hamilton Linda C

Purchase Details

Closed on
Jul 17, 1998
Sold by
Peachey Douglas M and Peachey Nona M
Bought by
Zimmerman Richard A and Zimmerman Lynne D

Purchase Details

Closed on
Feb 23, 1990
Sold by
Witey Thomas C
Bought by
Peachey Douglas M

Purchase Details

Closed on
Sep 5, 1989
Sold by
Linder Jacqueline
Bought by
Witey Thomas
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 Buyer Sale Price Title Company
Zimmerman Irt Grantor T -- --
Hamilton Jonathan S $415,000 --
Zimmerman Richard A $348,500 --
Peachey Douglas M $367,000 --
Witey Thomas $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Witey Thomas $245,000
Previous Owner Witey Thomas $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $405,000 -2.4% $178 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
06/23/2017 06/23/17 Price Changed $415,000 -2.4% $182 / Sq Ft
04/19/2017 04/19/17 Price Changed $425,000 -5.3% $187 / Sq Ft
02/28/2017 02/28/17 Price Changed $449,000 -2.4% $197 / Sq Ft
02/05/2017 02/05/17 For Sale $459,900 -- $202 / 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 $11,092 $683,400 $232,600 $450,800
2024 $10,275 $421,100 $163,900 $257,200
2023 $9,896 $421,100 $163,900 $257,200
2022 $9,896 $421,100 $163,900 $257,200
2021 $9,812 $421,100 $163,900 $257,200
2020 $9,770 $421,100 $163,900 $257,200
2019 $9,060 $404,300 $147,100 $257,200
2018 $8,858 $404,300 $147,100 $257,200
2017 $8,794 $404,300 $147,100 $257,200
2016 $8,571 $404,300 $147,100 $257,200
2015 $8,337 $404,300 $147,100 $257,200
2014 $8,654 $440,200 $189,800 $250,400
Source: Public Records

Agents Affiliated with this Home

  • Laurie Walker

    Seller's Agent in 2017

    Laurie Walker

    William Pitt

    (860) 227-5571

    17 in this area

    39 Total Sales

    Laurie Walker
    Section Image
  • Jeff Coleman

    Buyer's Agent in 2017

    Jeff Coleman

    Hagel & Assoc. Real Estate

    (860) 471-3470

    166 Total Sales

    Jeff Coleman
    Section Image
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Map

Source: SmartMLS

MLS Number: N10194379

SmartMLS

APN: OLYM-000056-000000-000002

Connecticut New London County Old Lyme 06371

16 Library Ln, Old Lyme, CT

Not Listed for Sale

Detached

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