NOT LISTED FOR SALE

15 Binney Rd Old Lyme, CT 06371

Estimated Value: $1,981,000 - $4,383,000

3 Beds
5 Baths
4,968 Sq Ft
$603/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $2,750,000 $554 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $19,769/month

272 Days on Market

Highlights

  • River Front
  • Sub-Zero Refrigerator
  • Deck
  • Mile Creek School Rated A
  • 2 Acre Lot
  • Attic

About This Home

As of December 2016

This two acre waterfront with a deep water dock offers the most spectacular views of the CT River and Essex harbor beyond. This enviable site overlooks a significant swallow habitat for Northern New England and Canada. Meticulously renovated over 4 years with the utmost attention to rich detail and architectural design the home affords one floor living. Enjoy formal rooms, gourmet kitchen, great room with stone fireplace, library, his and her offices, and a lavish master bedroom suite with his and her closets. Two additional en-suite bedrooms upstairs and over 1,400 square feet of a beautifully finished lower level with French limestone floors, full kitchen, wine cellar, cedar lined pool cabana with shower and half bath. French doors lead out to a meticulously landscaped pool with spa, stone walled terraces and patios that surround the property and lead down to a stairway so as to access the deep water Dock on Lord's Cove! This luxurious masterpiece exemplifies the finest in waterfront living. Close to town with easy access to I-95 and route 9. 2 hours from NYC or Boston.

Last Agent to Sell the Property

Maddy Mattson

Coldwell Banker Realty License #RES.0754327 Listed on: 01/26/2016

Coldwell Banker Realty

Last Buyer's Agent

Diane Gregory

Diane Pratt Gregory Realty License #REB.0279127

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,897

Year Built

  • Built in 1996

Lot Details

  • 2 Acre Lot
  • River Front

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 4,968 Sq Ft Home
  • 3 Fireplaces
  • Thermal Windows
  • Water Views
  • Basement Fills Entire Space Under The House
  • Attic Floors

Kitchen

  • Oven or Range
  • Gas Range
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck

Schools

  • Pboe Elementary School
  • Lyme-Old Lyme High School

Utilities

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

Community Details

  • Association fees include lake/beach access, road maintenance, snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,897

Year Built

Built in 1996

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 4968
  • Year Built: 1996
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 156 ( Neck Road ) to Binney house on right. no sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Fireplaces: 3
  • Attic Description: Floored
  • Basement Description: Full
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Compactor, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Oven/Range, Refrigerator, Subzero, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Wood
  • Waterfront Description: Access, Dock or Mooring, Frontage, River, View, Walk to Water, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 5
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Road Maintenance, Snow Removal
  • HOA Fees: 400
  • HOA Fee Frequency: Annually
  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 1.9966
  • Lot Description: Water View

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 35897
  • Total Assessed Value: 1693300
  • Mil Rate Total: 21.200
  • Assessor Parcel Number: 1552010

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2011
Sold by
Proctor Alan R and Proctor Bettie E
Bought by
Proctor Alan R and Proctor Bettie E
Current Estimated Value
$2,972,508

Purchase Details

Closed on
Mar 8, 2000
Sold by
Welch John K and Welch Michele M
Bought by
Proctor Alan R and Proctor Bettie E

Purchase Details

Closed on
Nov 17, 1995
Sold by
Pond Frances S Est
Bought by
Welch John K and Welch Michele M
Source: Public Records

Range of Values:

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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
Proctor Alan R -- --
Proctor Alan R $1,700,000 --
Welch John K $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch John K $450,000
Previous Owner Welch John K $450,000
Previous Owner Welch John K $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $2,750,000 -14.1% $554 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $3,200,000 -- $644 / 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 $41,547 $2,559,900 $1,175,200 $1,384,700
2024 $37,273 $1,527,600 $555,700 $971,900
2023 $35,899 $1,527,600 $555,700 $971,900
2022 $35,899 $1,527,600 $555,700 $971,900
2021 $8,582 $1,527,600 $555,700 $971,900
2020 $35,440 $1,527,600 $555,700 $971,900
2019 $8,582 $1,698,200 $656,700 $1,041,500
2018 $37,208 $1,698,200 $656,700 $1,041,500
2017 $8,375 $1,693,300 $656,700 $1,036,600
2016 $35,898 $1,693,300 $656,700 $1,036,600
2015 $34,916 $1,693,300 $656,700 $1,036,600
2014 $37,277 $1,896,100 $840,600 $1,055,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10103758

SmartMLS

APN: OLYM-000027-000000-000024