NOT LISTED FOR SALE

1 Binney Rd Old Lyme, CT 06371

Estimated Value: $719,542 - $1,145,000

4 Beds
3.5 Baths
3,498 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 05, 2015

Last sale price $220,500 $63 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $5,379/month

98 Days on Market

Highlights

  • 1.54 Acre Lot
  • Colonial Architecture
  • No HOA
  • Mile Creek School Rated A
  • 1 Fireplace
  • Central Air

About This Home

As of November 2015

Check out this 4 bedroom, 3.5 bath Colonial ~ in a neighborhood setting just minutes from the Connecticut River. Buckled floors and damaged ceilings from heavy water damage due to broken pipes. Bring your contractor and make this your home!

Last Agent to Sell the Property

Cheryl Keithan

Coldwell Banker Realty License #RES.0002510 Listed on: 07/10/2015

Coldwell Banker Realty

Last Buyer's Agent

Martha Quaratella

Coldwell Banker Realty License #RES.0798111

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1968

Lot Details

  • 1.54 Acre Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 3,498 Sq Ft Home
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Pboe Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,796

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 3498
  • Year Built: 1968
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: US-1 N/Route 156 to Binney Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Crawl Space
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 1

Exterior Features

  • Exterior Siding: Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Driveway Type: Gravel

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • 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

Schools

  • Elementary School: PBOE
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 1.5400
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 7796
  • Total Assessed Value: 378100
  • Mil Rate Total: 20.620
  • Assessor Parcel Number: 1552017

MLS Schools

  • Elementary School: PBOE
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2019
Sold by
Quiros Renzo and Quiros Kimberly
Bought by
Quiros Renzo and Quiros Kimberly
Total Days on Market
98
Current Estimated Value
$902,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$195,029
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$707,607

Purchase Details

Closed on
Apr 7, 2011
Sold by
Saunders Katherine M
Bought by
Saunders Scott

Purchase Details

Closed on
May 24, 1999
Sold by
Hosford Beatrice R
Bought by
Saunders Scott and Saunders Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.88%
Source: Public Records

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Range of Values:

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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
Quiros Renzo -- --
Saunders Scott -- --
Saunders Scott $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiros Renzo $220,000
Previous Owner Saunders Scott $450,000
Previous Owner Saunders Scott $297,500
Previous Owner Saunders Scott $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2015 11/05/15 Sold $220,500 -20.0% $63 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $275,600 -- $79 / 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
2024 $7,064 $289,500 $107,400 $182,100
2023 $6,803 $289,500 $107,400 $182,100
2022 $6,803 $289,500 $107,400 $182,100
2021 $4,516 $289,500 $107,400 $182,100
2020 $6,716 $289,500 $107,400 $182,100
2019 $4,516 $304,000 $107,400 $196,600
2018 $313 $292,600 $107,400 $185,200
2017 $4,451 $292,600 $107,400 $185,200
2016 $8,016 $378,100 $107,400 $270,700
2015 $7,796 $378,100 $107,400 $270,700
2014 $7,516 $382,300 $107,400 $274,900
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Keithan

    Seller's Agent in 2015

    Cheryl Keithan

    Coldwell Banker Realty

    (860) 463-0900

    3 in this area

    69 Total Sales

    Cheryl Keithan
    Section Image
  • Martha Quaratella

    Buyer's Agent in 2015

    Martha Quaratella

    Coldwell Banker Realty

    (860) 227-7611

    28 in this area

    82 Total Sales

    Martha Quaratella
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: N10062679

SmartMLS

APN: OLYM-000027-000000-000031

Connecticut New London County Old Lyme 06371

1 Binney Rd, Old Lyme, CT

This home is located at 1 Binney Rd, Old Lyme, CT 06371 since 10 July 2015 and is currently estimated at $902,636, approximately $258 per square foot. This property was built in 1968. 1 Binney Rd is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

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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