NOT LISTED FOR SALE

7 Bittersweet Ln Old Lyme, CT 06371

Estimated Value: $985,842 - $1,098,000

4 Beds
4 Baths
3,437 Sq Ft
$300/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $870,000 $253 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,345/month

47 Days on Market

Highlights

  • Waterfront
  • 1.8 Acre Lot
  • Attic
  • Mile Creek School Rated A
  • Colonial Architecture
  • Mud Room

About This Home

As of May 2023

Fall in love with this handsome Old Lyme village Colonial tucked privately in the center of it all, yet a world away. The village location makes an easy walk to top ranked middle/high schools, full day 4 Y.O. pre-school, town hall, library, churches, galleries, shops – even a barber shop. OLCC golf/pool, paddle/tennis is 1000’ away. You are greeted with high ceilings and architectural millwork, light and space, warmed by clay tile and wide board floors. Find a large eat-in kitchen and a lofty great room opening to the heated porch with bluestone floor. A formal living or dining room can double as a first-floor office. The well-planned mudroom/laundry/landing zone is well set off the kitchen with great storage. Completing the first floor is the primary bedroom and full bath. Upstairs find 3 BRs, one with a deck and views. There is a full bath and expansive cedar closet. The partially finished lower level offers game/fitness space and storage not included in the SF. Here you’ll find a green, efficient geothermal heating/cooling system. Outside, the three-season covered porch, patio and deck offer great flow for entertaining. The cul-de-sac location is superb with level, open grounds and a partially fenced, pet friendly rear yard. Incredible boating and paddle adventures await along with white sand beaches just down the road. The Nature Conservancy calls this area, "One of the last great places on earth." We agree. Make this your forever home. Home NOT in an AE flood zone.

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 01/31/2023

Coldwell Banker Realty

Co-Listed By

Linda Marsh

Coldwell Banker Realty License #RES.0435424

Last Buyer's Agent

Tammy Tinnerello

William Pitt Sotheby's Int'l License #RES.0801830

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,374

Year Built

  • Built in 1988

Lot Details

  • 1.8 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Level Lot
  • Open Lot
  • Property is zoned R15

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Mud Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

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

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Location

  • Property is near a golf course

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,374

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2821
  • Public Record Living Room Sq Ft: 2821
  • Sq Ft Est Heated Below Grade: 616
  • Total Sq Ft: 3437
  • Year Built: 1988
  • Nearby Amenities: Basketball Court, Golf Course, Lake, Library, Paddle Tennis, Private Rec Facilities, Public Rec Facilities, Tennis Courts
  • Direct Waterfront: No
  • Encumbrances Restrictions: Deed Restrictions
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5911
  • Directions: 95 North Exit 70. Right onto Shore Road. Left on Ferry Road. Right on Lyme. Left on Bittersweet to the end on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Security System
  • Appliances: Gas Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room, Mud Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Balcony, Porch-Enclosed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Heat Pump, Hot Air, Zoned
  • Heat Fuel Type: Geothermal
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Fireplace Insert, Thermopane Windows

Lot Info

  • Acres: 1.8000
  • Lot Description: On Cul-De-Sac, Open Lot, Water View, Level Lot, Fence - Partial
  • Flood Zone: No
  • Zoning: R15

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 9374
  • Total Assessed Value: 398900
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 1553333

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Apr 27, 2023
Sold by
Loria Mary A
Bought by
Mueller Matthew and Mueller Megan
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
List Price
$895,000
Sold Price
$870,000
Premium/Discount to List
-$25,000
-2.79%
Views
140
Current Estimated Value
$1,032,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,211
Avg. Annual Appreciation
7.38%
Original Mortgage
$739,500
Outstanding Balance
$718,900
Interest Rate
6.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$313,311

Purchase Details

Listed on
Jun 2, 2015
Closed on
Aug 19, 2015
Sold by
Paglia Larry M and Paglia Eileen F
Bought by
Loria Mary A
Seller's Agent
Linda Marsh
Coldwell Banker Realty
Buyer's Agent
Arlene Soden
William Raveis Real Estate
List Price
$578,500
Sold Price
$567,500
Premium/Discount to List
-$11,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$410,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1999
Sold by
Mctigue Marie A
Bought by
Paglia Larry M and Paglia Eileen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Mueller Matthew $870,000 None Available
Mueller Matthew $870,000 None Available
Loria Mary A $567,500 --
Loria Mary A $567,500 --
Paglia Larry M $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mueller Matthew $739,500
Closed Mueller Matthew $739,500
Previous Owner Paglia Larry M $410,000
Previous Owner Paglia Larry M $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $870,000 -2.8% $253 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $895,000 +57.7% $260 / Sq Ft
08/19/2015 08/19/15 Sold $567,500 -1.9% $200 / Sq Ft View Prior Sale
07/06/2015 07/06/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $578,500 -- $204 / 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 $10,217 $629,500 $241,000 $388,500
2024 $9,733 $398,900 $149,900 $249,000
2023 $9,374 $398,900 $149,900 $249,000
2022 $9,374 $398,900 $149,900 $249,000
2021 $9,294 $398,900 $149,900 $249,000
2020 $9,254 $398,900 $149,900 $249,000
2019 $8,933 $398,600 $149,900 $248,700
2018 $8,733 $398,600 $149,900 $248,700
2017 $8,670 $398,600 $149,900 $248,700
2016 $8,450 $398,600 $149,900 $248,700
2015 $8,163 $395,900 $149,900 $246,000
2014 $9,307 $473,400 $222,900 $250,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170546416

SmartMLS

APN: OLYM-000056-000000-000031