NOT LISTED FOR SALE

9 Binney Rd Old Lyme, CT 06371

Estimated Value: $782,000 - $865,000

4 Beds
2.5 Baths
2,190 Sq Ft
$379/Sq Ft Est. Value

Last Sold February 06, 2019

Last sale price $450,000 $205 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,066/month

152 Days on Market

Highlights

  • River Front
  • 1.91 Acre Lot
  • Deck
  • Mile Creek School Rated A
  • Open Floorplan
  • Ranch Style House

About This Home

As of February 2019

With Lord’s Cove practically in the backyard, this special home enjoys access to the Connecticut River at the Landing—complete with a picnic area, dock and available moorings. Enjoy waterfront life without the expense of flood insurance and maintaining your own dock. On land, join the celebration of swallows as they gather at sunset to prepare for their journey south. The good life is ready and waiting for you.
9 Binney Road is located in a neighborhood of high end, waterfront homes. The current owners have given this nearly 2200 SF ranch style home a complete makeover bringing it from the 1970s to the present. Freshly painted inside and out, every single room has been revitalized—from new lighting fixtures, floors, kitchen and bath updates to new custom window treatments in every room. A new roof was installed in 2017 and Home Energy Audit made many energy efficient improvements including additional insulation and a new hot water heater.
This home offers easy one floor living set on a lightly wooded 1.9 acre lot complete with charming stone walls. In addition to a “great room style” dining and living area that measures 13 ‘x 29’, there is an eat in kitchen and cozy family room with a fireplace—both rooms have sliding doors to the 30’ deck. A gorgeous master suite and three additional bedrooms offer plenty of space for guests, a home office or den.
Just pack your bags and move right in! We’ll leave the light on for you!

Last Agent to Sell the Property

Peggy Morgan

Coldwell Banker Realty License #RES.0798922 Listed on: 09/07/2018

Coldwell Banker Realty

Last Buyer's Agent

Caryn Erickson

Coldwell Banker Realty License #RES.0811245

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,617

Year Built

  • Built in 1976

Lot Details

  • 1.91 Acre Lot
  • River Front
  • Garden
  • Property is zoned RU 80

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 2,190 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Entrance Foyer
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Shed

Location

  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,617

Year Built

Built in 1976

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2190
  • Public Record Living Room Sq Ft: 2190
  • Total Sq Ft: 2190
  • Year Built: 1976
  • Nearby Amenities: Health Club, Library, Medical Facilities, Private Rec Facilities, Private School(s), Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4224
  • Directions: Rte. 156 North. Binney Rd. is on the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Partial With Walk-Out, Unfinished
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan
  • Appliances: Microwave, Refrigerator, Washer, Dryer
  • Additional Rooms: Foyer
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Garden Area, Shed
  • Exterior Siding: Vinyl Siding, Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, Association Required, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Snow Removal, Road Maintenance, Flood Insurance
  • HOA Fees: 400
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 1.9100
  • Lot Description: Fence - Stone
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU 80

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 6617
  • Mil Rate Base: 21.200
  • Assessor Parcel Number: 1552012

MLS Schools

  • Elementary School: Mile Creek
  • Middle Jr High School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2023
Sold by
Demarco Leopold J
Bought by
Demarco Mary K
Current Estimated Value
$829,602

Purchase Details

Listed on
Sep 7, 2018
Closed on
Feb 6, 2019
Sold by
Weissinger Roger
Bought by
Demarco Leopold J and Demarco Mary K
Seller's Agent
Peggy Morgan
Coldwell Banker Realty
Buyer's Agent
Caryn Erickson
Coldwell Banker Realty
List Price
$498,000
Sold Price
$450,000
Premium/Discount to List
-$48,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$42,700
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Demarco Mary K -- None Available
Demarco Leopold J $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demarco Leopold J $42,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2019 02/06/19 Sold $450,000 -3.8% $205 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
12/03/2018 12/03/18 Price Changed $468,000 -2.1% $214 / Sq Ft
10/25/2018 10/25/18 Price Changed $478,000 -4.0% $218 / Sq Ft
09/07/2018 09/07/18 For Sale $498,000 +24.5% $227 / Sq Ft
11/19/2015 11/19/15 Sold $400,000 -20.0% $183 / Sq Ft View Prior Sale
10/22/2015 10/22/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $499,900 -- $228 / 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 $8,850 $545,300 $136,100 $409,200
2024 $7,496 $307,200 $109,900 $197,300
2023 $7,219 $307,200 $109,900 $197,300
2022 $7,219 $307,200 $109,900 $197,300
2021 $7,158 $307,200 $109,900 $197,300
2020 $7,127 $307,200 $109,900 $197,300
2019 $6,994 $312,100 $109,900 $202,200
2018 $6,838 $312,100 $109,900 $202,200
2017 $6,788 $312,100 $109,900 $202,200
2016 $6,617 $312,100 $109,900 $202,200
2015 $6,436 $312,100 $109,900 $202,200
2014 $6,675 $339,500 $153,900 $185,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170120497

SmartMLS

APN: OLYM-000027-000000-000026