NOT LISTED FOR SALE

31 Library Ln Old Lyme, CT 06371

Estimated Value: $467,000 - $705,000

2 Beds
2 Baths
1,128 Sq Ft
$535/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $350,000 $310 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,003/month

6 Days on Market

Highlights

  • In Ground Pool
  • 2.1 Acre Lot
  • Wetlands on Lot
  • Mile Creek School Rated A
  • Cape Cod Architecture
  • Attic

About This Home

As of September 2022

Location, location, location! Sited on a quiet knoll on beautiful Library Lane, this residence awaits your vision to bring it to it's full potential. Solid construction and the wonderful private setting on over two acres of land make this a rare opportunity to create your dream home within walking distance of the Village of Old Lyme. In addition to the house, there is a separate garage and an inground, gunite pool. This property is being offered in "as is" condition and all inspections are for informational purposes only.

Last Agent to Sell the Property

Jennifer Caulfield

William Pitt Sotheby's Int'l License #RES.0360692 Listed on: 06/15/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Rick Weiner

William Pitt Sotheby's Int'l License #REB.0717625

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,404

Year Built

  • Built in 1978

Lot Details

  • 2.1 Acre Lot
  • Stone Wall
  • Lot Has A Rolling Slope
  • Many Trees
  • Garden

Home Design

  • Cape Cod Architecture
  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,128 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Concrete Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level
  • Washer

Basement

  • Basement Hatchway
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Shared Driveway
  • Dirt Driveway

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Wetlands on Lot
  • Patio

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Center Elementary School
  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Mini Split Air Conditioners
  • Space Heater
  • Wall Furnace
  • Heating System Uses Gas
  • Heating System Uses Oil Above Ground
  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • Private Company Owned Well
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,404

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod, Ranch
  • Sq Ft Est Heated Above Grade: 1128
  • Public Record Living Room Sq Ft: 1128
  • Total Sq Ft: 1128
  • Year Built: 1978
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 2476
  • Tax Year Updated Dt: 07/13/2022
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Crawl Space, Concrete Floor, Hatchway Access
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Electric Range, Refrigerator, Dishwasher, Washer
  • Additional Rooms: Foyer, Laundry Room, Mud Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 31

Exterior Features

  • Exterior Features: Garden Area, Patio, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Gunite
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Shared, Dirt, Gravel

Utilities

  • Cooling System: Split System
  • Heat Type: Gas on Gas, Space Heater, Wall Unit
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Center
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 2.1000
  • Lot Description: Some Wetlands, Rolling, Treed, Fence - Partial
  • Flood Zone: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5404
  • Total Assessed Value: 229960
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 1553317

MLS Schools

  • Elementary School: Center
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 30, 2022
Sold by
Mary E Chadwick Ret and Chadwick
Bought by
Dayharsh Gary R and Dayharsh Mararet M
Seller's Agent
Jennifer Caulfield
William Pitt Sotheby's Int'l
Buyer's Agent
Rick Weiner
William Pitt Sotheby's Int'l
List Price
$340,000
Sold Price
$350,000
Premium/Discount to List
$10,000
2.94%
Views
11
Current Estimated Value
$618,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,119
Avg. Annual Appreciation
20.61%
Original Mortgage
$240,000
Outstanding Balance
$229,140
Interest Rate
4.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$374,611

Purchase Details

Closed on
Aug 26, 2014
Sold by
Mary Elizabeth Chadwic and Mary Chadwick
Bought by
Mary Elizbeth Chadwick
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
Dayharsh Gary R -- None Available
Dayharsh Gary R -- None Available
Mary Elizbeth Chadwick -- --
Mary Elizbeth Chadwick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dayharsh Gary R $240,000
Closed Dayharsh Gary R $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $350,000 +2.9% $310 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $340,000 -- $301 / 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 $7,084 $436,500 $188,200 $248,300
2024 $6,310 $258,600 $135,700 $122,900
2023 $5,551 $236,200 $135,700 $100,500
2022 $5,404 $229,960 $129,460 $100,500
2021 $5,358 $229,960 $129,460 $100,500
2020 $5,335 $229,960 $129,460 $100,500
2019 $4,791 $213,810 $116,210 $97,600
2018 $4,685 $213,810 $116,210 $97,600
2017 $4,650 $213,810 $116,210 $97,600
2016 $4,533 $213,810 $116,210 $97,600
2015 $4,409 $213,810 $116,210 $97,600
2014 $6,091 $309,800 $201,100 $108,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170500082

SmartMLS

APN: OLYM-000056-000000-000014