NOT LISTED FOR SALE

8 Library Ln Old Lyme, CT 06371

Old Lyme Area

Estimated Value: $910,810

4 Beds
3 Baths
2,391 Sq Ft
$381/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2021

Last sale price $515,000 $215 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,835 / mo

96 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • No HOA
  • Mile Creek School Rated A
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of January 2021

Charming Cape in the heart of Old Lyme. Walk to town. Nicely remodeled. First floor Master Suite. Spacious Eat-in Kitchen. Home office. Beautiful grounds. Hardwood floors. Generously sized rooms. The Family Room steps out onto the patio overlooking the private backyard. The 4th bedroom with full bath is over the garage and has separate access.

Last Agent to Sell the Property

Craig Milton

Re/Max Valley Shore License #REB.0756400 Listed on: 10/13/2020

Re/Max Valley Shore

Last Buyer's Agent

Kara Bell

J.M. REALTY License #RES.0807782

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,364

Year Built

  • Built in 1980

Lot Details

  • 26,572 Sq Ft Lot
  • Level Lot
  • Property is zoned R-15

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,391 Sq Ft Home
  • 1 Fireplace
  • Crawl Space
  • Storage In Attic

Kitchen

  • Oven or Range
  • Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Well
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,364

Year Built

Built in 1980

Lot Details

0.61 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2391
  • Public Record Living Room Sq Ft: 2391
  • Total Sq Ft: 2391
  • Year Built: 1980
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4862
  • Directions: Exit 70 off I-95, from the south take a right onto Neck Rd, left onto Ferry Rd, left onto Lyme St, right onto Library Ln, from the north take a left onto Lyme St, left onto Library Ln, house is on the left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Crawl Space
  • Appliances: Cook Top, Oven/Range, Refrigerator, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.6100
  • Lot Description: Level Lot
  • Zoning: R-15

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7364
  • Mil Rate Base: 23.200
  • Assessor Parcel Number: 1553431

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Jan 9, 2021
Sold by
Gohn Lara N
Bought by
Seller's Agent
Craig Milton
Re/Max Valley Shore
Buyer's Agent
Kara Bell
J.M. REALTY
List Price
$549,900
Sold Price
$515,000
Premium/Discount to List
-$34,900
-6.35%
Current Estimated Value
$910,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,810
Avg. Annual Appreciation
10.60%
Original Mortgage
$365,000
Outstanding Balance
$317,457
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$593,353

Purchase Details

Closed on
Feb 1, 2019
Sold by
Miller George R
Bought by
Hsbc Bank Usa Na Tr

Purchase Details

Closed on
Apr 27, 1997
Sold by
Branford Sb
Bought by
Gohn Martin G and Gohn Lara N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Lyme, CT

  • Tracy O'Donnell Real Estate Agent - BHHS New England Properties

    Tracy O'Donnell

    BHHS New England Properties

    (401) 648-8618

    63 Total Sales

    1 in Old Lyme

    $975,000 Price

    Tracy O'Donnell
     Section Image
  • Amy Rio Real Estate Agent - Better Homes and Gardens Real Estate Executive Real Estate

    Amy Rio

    Better Homes and Gardens Real Estate Executive Real Estate

    (860) 321-8567

    1,012 Total Sales

    1 in Old Lyme

    $410,000 Price

    Amy Rio
     Section Image
  • Chris Maynard Real Estate Agent - William Raveis Real Estate

    Chris Maynard

    Responds Quickly

    William Raveis Real Estate

    (959) 213-1562

    69 Total Sales

    1 in Old Lyme

    $563,000 Price

    Chris Maynard
     Section Image
  • Betsy Anderson Real Estate Agent - William Pitt Sotheby's Int'l

    Betsy Anderson

    William Pitt Sotheby's Int'l

    (475) 267-6686

    69 Total Sales

    1 in Old Lyme

    $1,087,500 Price

    Betsy Anderson
     Section Image
  • Marilyn Lusher Real Estate Agent - RE/MAX Legends

    Marilyn Lusher

    RE/MAX Legends

    (860) 743-1317

    239 Total Sales

    1 in Old Lyme

    $405,111 Price

    Marilyn Lusher
     Section Image
  • Chloe White Real Estate Agent - KW Legacy Partners

    Chloe White

    KW Legacy Partners

    (959) 208-4542

    212 Total Sales

    1 in Old Lyme

    $363,500 Price

    Chloe White
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 None Available
Hsbc Bank Usa Na Tr -- --
Gohn Martin G $205,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $365,000
Previous Owner Norman-Gohn Lara $230,000
Previous Owner Gohn Lara $150,000
Previous Owner Gohn Martin $230,000
Previous Owner Gohn Martin J $25,000
Previous Owner Gohn Martin G $164,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $515,000 -2.8% $215 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
11/04/2020 11/04/20 Price Changed $529,999 -3.6% $222 / Sq Ft
10/13/2020 10/13/20 For Sale $549,900 -- $230 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,849 $483,600 $199,200 $284,400
2024 $7,745 $317,400 $141,100 $176,300
2023 $7,459 $317,400 $141,100 $176,300
2022 $7,459 $317,400 $141,100 $176,300
2021 $7,395 $317,400 $141,100 $176,300
2020 $7,364 $317,400 $141,100 $176,300
2019 $6,499 $290,000 $127,000 $163,000
2018 $6,354 $290,000 $127,000 $163,000
2017 $6,308 $290,000 $127,000 $163,000
2016 $6,148 $290,000 $127,000 $163,000
2015 $5,980 $290,000 $127,000 $163,000
2014 $6,144 $312,500 $162,700 $149,800
Source: Public Records

Agents Affiliated with this Home

  • Craig Milton Real Estate Agent - RE/MAX

    Seller's Agent in 2021

    Craig Milton

    RE/MAX

    (860) 388-1228

    203 Total Sales

    Craig Milton
    Section Image

  • KB

    Buyer's Agent in 2021

    Kara Bell

    J.M. REALTY

    (860) 227-7355

    30 Total Sales

    Kara Bell
    Section Image
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Map

Source: SmartMLS

MLS Number: 170344897

SmartMLS

APN: OLYM-000057-000000-000086

Connecticut New London County Old Lyme 06371

8 Library Ln, Old Lyme, CT

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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