R
Seller's Agent in 2019
Rena Powell
Coldwell Banker Realty
(860) 304-3866
7 Total Sales
23 Library Ln Old Lyme, CT 06371
Estimated Value: $929,000 - $1,041,000
3
Beds
2.5
Baths
2,681
Sq Ft
$370/Sq Ft
Est. Value
Highlights
- Beach Front
- 1.75 Acre Lot
- Cape Cod Architecture
- Mile Creek School Rated A
- Open Floorplan
- Deck
About This Home
As of December 2019MAJOR PRICE REDUCTION on beautiful cape with great contemporary finishing touches. It is located at Library Lane in the village of Old Lyme. The interior has seen several additions and changes over the years so that an open and flexible floor plan allows for maximum light and breezes to flood the house. Gorgeous property with formal English garden and open lawns all within a short distance to library, schools, town hall, Old Lyme Academy, restaurants, shopping. Old Lyme is situated along LI Sound and the Ct. River as well as several great swimming and boating lakes. This house has generous size rooms and cozy spaces. The DR is large with French doors bringing in light and summer breezes. A small breakfast room is next to the kitchen. Both have beautiful views of the gardens. The cozy LR with fpl is totally charming. A small den with a pocket door allows for privacy as well as an extra bedroom when needed for guests. The MBR suite is on the first floor, with French doors opening to a private deck overlooking a rustic gathering spot and charming utility cottage. The 2 upstairs bedrooms are large. Many updates include windows, French doors, enlarged formal DR, remodeled Den. This is a gracious home, not your usual cookie cutter house, and offers great spaces for today's creative living.
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0550841 Listed on: 08/20/2019
Last Buyer's Agent
Laurel Peters
Coldwell Banker Realty License #RES.0763377
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,269
Year Built
- Built in 1962
Lot Details
- 1.75 Acre Lot
- Beach Front
- River Front
- Property is zoned RU 40
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 2,681 Sq Ft Home
- Open Floorplan
- 1 Fireplace
- Thermal Windows
- French Doors
- Water Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Attic or Crawl Hatchway Insulated
- Home Security System
Kitchen
- Built-In Oven
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Electric Dryer
- Washer
Parking
- 2 Car Attached Garage
- Parking Deck
- Automatic Garage Door Opener
- Private Driveway
Location
- Property is near shops
- Property is near a golf course
Utilities
- Humidifier
- Zoned Heating and Cooling System
- Heating System Uses Oil
- Private Company Owned Well
- Electric Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Additional Features
- Heating system powered by passive solar
- Deck
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2019
Closed on
Dec 6, 2019
Sold by
Rice James R and Rice Jane
Bought by
Hansen Frederick P and Hansen Laura N
Seller's Agent
Rena Powell
Coldwell Banker Realty
Buyer's Agent
Laurel Peters
Coldwell Banker Realty
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,267
Avg. Annual Appreciation
10.67%
Purchase Details
Closed on
Sep 22, 2010
Sold by
Whitehead William
Bought by
Bernbach Jane and Rice James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
4.48%
Purchase Details
Closed on
Apr 3, 2006
Sold by
Robinson Christopher
Bought by
Whitehead William
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hansen Frederick P | $550,000 | None Available | |
| Bernbach Jane | $680,000 | -- | |
| Whitehead William | $635,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Whitehead William | $360,000 | |
| Previous Owner | Whitehead William | $328,000 | |
| Previous Owner | Whitehead William | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2019 12/11/19 | Sold | $550,000 | -7.6% | $205 / Sq Ft |
| 10/16/2019 10/16/19 | Pending | -- | -- | -- |
| 10/01/2019 10/01/19 | Price Changed | $595,000 | -8.3% | $222 / Sq Ft |
| 09/15/2019 09/15/19 | Price Changed | $649,000 | -7.2% | $242 / Sq Ft |
| 09/02/2019 09/02/19 | For Sale | $699,000 | -- | $261 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $9,933 | $612,000 | $271,700 | $340,300 |
| 2024 | $9,587 | $392,900 | $193,000 | $199,900 |
| 2023 | $9,233 | $392,900 | $193,000 | $199,900 |
| 2022 | $9,233 | $392,900 | $193,000 | $199,900 |
| 2021 | $9,155 | $392,900 | $193,000 | $199,900 |
| 2020 | $9,115 | $392,900 | $193,000 | $199,900 |
| 2019 | $8,269 | $369,000 | $173,200 | $195,800 |
| 2018 | $8,085 | $369,000 | $173,200 | $195,800 |
| 2017 | $8,026 | $369,000 | $173,200 | $195,800 |
| 2016 | $7,774 | $366,700 | $173,200 | $193,500 |
| 2015 | $7,561 | $366,700 | $173,200 | $193,500 |
| 2014 | $7,726 | $393,000 | $168,300 | $224,700 |
Source: Public Records
Agents Affiliated with this Home
-
Rena Powell
-
L
Buyer's Agent in 2019
Laurel Peters
Coldwell Banker Realty
Map
Source: SmartMLS
MLS Number: 170223520
APN: OLYM-000056-000000-000024
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