NOT LISTED FOR SALE

24 Library Ln Old Lyme, CT 06371

Estimated Value: $525,000 - $760,000

4 Beds
1 Bath
1,489 Sq Ft
$438/Sq Ft Est. Value

Last Sold October 17, 2012

Last sale price $267,500 $180 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $4,227/month

211 Days on Market

Highlights

  • Guest House
  • 1.35 Acre Lot
  • Attic
  • Mile Creek School Rated A
  • Colonial Architecture
  • Corner Lot

About This Home

As of October 2012

Village colonial in need of renovation & is being sold in 'as is' condition. House sits on a 1.35 Corner level lot with dunns lane. An adorable 2 bedroom, 840 s.F. Cottage goes with this property. Great value for this in town location.

Last Agent to Sell the Property

Linda Marsh

Coldwell Banker Realty License #RES.0435424 Listed on: 01/02/2012

Coldwell Banker Realty

Last Buyer's Agent

Linda Marsh

Coldwell Banker Realty License #RES.0435424 Listed on: 01/02/2012

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,625

Year Built

  • Built in 1900

Lot Details

  • 1.35 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • Dirt Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,489 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Attic

  • Attic Floors
  • Walkup Attic

Additional Homes

  • Guest House

Schools

  • Mile Creek Elementary School
  • Center Middle School
  • Lyme/Old Lyme High School

Utilities

  • Floor Furnace
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Oil Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,625

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 1489
  • Year Built: 1900
  • Easements Right Of Way: yes
  • Directions: Lyme street to library lane. Property is on the corner of library lane and dunns lane.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Floored, Walk-up
  • Basement Description: Full With Hatchway, Unfinished
  • Interior Amenities: Cable - Available
  • Laundry Room Location: Lower Level
  • Attic: Yes
  • Street Number Modifier: 24

Exterior Features

  • Exterior Features: Guest House
  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Dirt

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Mile Creek
  • Middle School: Center
  • High School: Lyme/Old Lyme

Lot Info

  • Acres: 1.3500
  • Lot Description: Corner Lot, Level Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 6625
  • Total Assessed Value: 344000
  • Assessor Parcel Number: 1553313

MLS Schools

  • Elementary School: Mile Creek
  • Middle Jr High School: Center
  • High School: Lyme/Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2012
Closed on
Oct 17, 2012
Sold by
Wilcox Lloyd M
Bought by
Mctigue-Ward Sheila and Ward James
Seller's Agent
Linda Marsh
Coldwell Banker Realty
Buyer's Agent
Linda Marsh
Coldwell Banker Realty
List Price
$350,000
Sold Price
$267,500
Premium/Discount to List
-$82,500
-23.57%
Current Estimated Value
$651,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,125
Avg. Annual Appreciation
7.10%
Source: Public Records

Range of Values:

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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
Mctigue-Ward Sheila $89,166 --
Mctigue-Ward Sheila $89,166 --
Mctigue-Ward Sheila $89,166 --
Mctigue-Ward Sheila $89,166 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mctigue-Ward Sheila $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2012 10/17/12 Sold $267,500 -23.6% $180 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $350,000 -- $235 / 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 $9,105 $561,000 $206,700 $354,300
2024 $8,464 $346,900 $149,200 $197,700
2023 $8,152 $346,900 $149,200 $197,700
2022 $8,152 $346,900 $149,200 $197,700
2021 $8,083 $346,900 $149,200 $197,700
2020 $8,048 $346,900 $149,200 $197,700
2019 $7,424 $331,300 $134,000 $197,300
2018 $7,259 $331,300 $134,000 $197,300
2017 $7,206 $331,300 $134,000 $197,300
2016 $6,502 $306,700 $134,000 $172,700
2015 $6,217 $301,500 $134,000 $167,500
2014 $6,958 $353,900 $172,300 $181,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: M9132017

SmartMLS

APN: OLYM-000056-000000-000010