NOT LISTED FOR SALE

98 Sill Ln Old Lyme, CT 06371

Estimated Value: $1,091,000 - $1,317,000

3 Beds
3 Baths
2,774 Sq Ft
$434/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $710,000 $256 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,634/month

8 Days on Market

Highlights

  • Guest House
  • Barn
  • 6.47 Acre Lot
  • Mile Creek School Rated A
  • Home fronts a pond
  • Colonial Architecture

About This Home

As of June 2016

This New England colonial is superbly located less than a mile from the village of Old Lyme. yet enjoys the charms of the countryside. It is protected on three sides by Open Space.
Combining old world aesthetic with 21st century amenities, this 3 bedroom home offers sophisticated charm with great attention to quality and detail. Beautifully proportioned bright rooms with antique elements blend with modern, open concept design. Updated since it's 1996 renovation, the original 1790 farmhouse features are evident in the exposed hand-hewn beams, stone fireplaces, and the efficient contemporary kitchen open to the family room with vaulted ceiling and loft. The property includes multiple outbuildings: two-storied English Barn, a fenced pasture with "run-in", a pole shed used now as a two bay garage/shed, and a converted 20X40 fully appointed in-law or guest cottage with green energy features. Surrounded by arable meadows and pond, the 6.47 acres have ""Open Space/Farm" tax abatements until 2025. 2 hours from NYC or Boston this is the perfect Country Retreat!

Last Agent to Sell the Property

Maddy Mattson

Coldwell Banker Realty License #RES.0754327 Listed on: 03/30/2016

Coldwell Banker Realty

Co-Listed By

Evan Griswold

Coldwell Banker Realty License #RES.0281418

Last Buyer's Agent

Carol Barnes-Craig

Berkshire Hathaway NE Prop. License #RES.0757561

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,282

Year Built

  • Built in 1996

Lot Details

  • 6.47 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Stone Wall
  • Level Lot
  • Open Lot
  • Garden

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 2,774 Sq Ft Home
  • 4 Fireplaces
  • Thermal Windows
  • French Doors
  • Storm Windows

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Walkup Attic

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Schools

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

Utilities

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

Additional Features

  • Patio
  • Guest House
  • Barn

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,282

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2774
  • Year Built: 1996
  • Nearby Amenities: Library, Playground/Tot Lot, Public Trash Pickup
  • Association Amenities: Playground/Tot Lot
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rout 1 to Sill Lane, look for sign
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 4
  • Attic Description: Floored, Walk-up
  • Basement Description: Partial With Walk-Out, Unfinished
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 98

Exterior Features

  • Exterior Features: Barn, French Doors, Garden Area, Guest House, Patio, Stone Wall
  • Exterior Siding: Wood
  • Waterfront Description: Brook, Pond
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Covered Garage, Detached Garage
  • Garages Number: 4
  • Driveway Type: Gravel

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Windows, Thermopane Windows

Lot Info

  • Acres: 6.4666
  • Lot Description: Level Lot, Open Lot, Fence - Partial
  • Flood Zone: No
  • Property Info: Horse Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 9282
  • Total Assessed Value: 450140
  • Mil Rate Total: 20.620
  • Assessor Parcel Number: 1553538

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
Jun 6, 2016
Sold by
Mcginty Kathie A
Bought by
Halsey Charles H and Day-Halsey Charlotte
Seller's Agent
Maddy Mattson
Coldwell Banker Realty
Buyer's Agent
Carol Barnes-Craig
Berkshire Hathaway NE Prop.
List Price
$735,000
Sold Price
$710,000
Premium/Discount to List
-$25,000
-3.4%
Current Estimated Value
$1,204,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,798
Avg. Annual Appreciation
5.83%
Original Mortgage
$417,100
Outstanding Balance
$186,796
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,018,002

Purchase Details

Closed on
Jan 29, 1997
Sold by
Johnson Glenn C and Johnson Allura H
Bought by
Mcginty James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.88%
Mortgage Type
Unknown
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
Halsey Charles H $710,000 --
Mcginty James D $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcginty James D $417,100
Previous Owner Mcginty James D $119,000
Previous Owner Mcginty James D $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2016 06/06/16 Sold $710,000 -3.4% $256 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $735,000 0.0% $265 / Sq Ft
12/01/2013 12/01/13 Rented $2,300 -8.0% --
11/25/2013 11/25/13 Under Contract -- -- --
09/18/2013 09/18/13 For Rent $2,500 +8.7% --
10/15/2012 10/15/12 Rented $2,300 0.0% --
09/19/2012 09/19/12 Under Contract -- -- --
08/22/2012 08/22/12 For Rent $2,300 -- --
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 $14,649 $902,610 $256,510 $646,100
2024 $11,984 $491,150 $120,850 $370,300
2023 $11,542 $491,150 $120,850 $370,300
2022 $11,542 $491,150 $120,850 $370,300
2021 $11,476 $492,550 $120,850 $371,700
2020 $11,427 $492,550 $120,850 $371,700
2019 $12,589 $561,750 $142,750 $419,000
2018 $12,308 $561,750 $142,750 $419,000
2017 $10,389 $477,640 $151,140 $326,500
2016 $9,543 $450,140 $151,140 $299,000
2015 $9,092 $440,940 $151,140 $289,800
2014 $9,367 $476,430 $162,830 $313,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10118918

SmartMLS

APN: OLYM-000060-000000-000007