NOT LISTED FOR SALE

Estimated Value: $637,354 - $750,000

2 Beds
2 Baths
1,514 Sq Ft
$468/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $645,000 $426 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,505/month

52 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Open Floorplan
  • East Lyme Middle School Rated A-
  • Golf Course Community
  • Colonial Architecture

About This Home

As of August 2023

Enjoy spectacular river views from this charming move in condition home overlooking the Niantic River. You will be impressed by the sweeping water views, the abundance of natural light, the spacious living area and the open floor plan. Enjoy morning coffee watching the sunrise over the river from the sunroom, the stone terrace or the deck. The combined living room with a fireplace and the dining area are great for entertaining and watching the boats sail by. The modern eat in kitchen is a chef's delight with granite counters, a breakfast bar and stainless appliances. There is an updated full bath on the main floor. You will love the main bedroom suite offering beautiful river views, a sitting area, a large walk in closet, a private bath with a stunning large walk in tiled shower. The home boasts a brand new septic system. It is a short walk to the private shared dock for boating, kayaking, and fishing. This designated area is only for the use of the homeowners on Ledge Road. At the river's edge enjoy swimming, sunbathing or just relaxing on the sandy beach. As a member of the Oswegatchie Hills Club and Saunders Point Beach, you will have access to additional beaches, tennis courts, basketball court, golf and community events. This home is perfect for a weekend end retreat or year round living. Niantic is centrally located between NYC and Boston and is a quaint seaside village offering restaurants, a theater, boutique shopping, beaches, boardwalk, parks and street fairs.

Last Listed By

Laura Frisch

William Raveis Real Estate License #REB.0756723 Listed on: 06/11/2023

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,555

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 1,514 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Water Views
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Niantic Center Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Garage

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,555

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Saunder's Point
  • Property Type: Single Family For Sale
  • Style: Colonial, Bungalow
  • Sq Ft Est Heated Above Grade: 1514
  • Public Record Living Room Sq Ft: 1514
  • Total Sq Ft: 1514
  • Year Built: 1920
  • Nearby Amenities: Basketball Court, Golf Course, Library, Park, Playground/Tot Lot, Public Pool, Shopping/Mall, Tennis Courts
  • Association Amenities: Bocci Court, Golf Course, Park, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2220
  • Tax Year Updated Dt: 06/26/2023
  • Directions: Pennsylvania Ave to Oswegatchie Hill Road to Bishop Bay Rd to Ledge Rd. Park in area to the left of the house below the terrace area. Park in front of the stone terrace
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Crawl Space
  • Interior Amenities: Auto Garage Door Opener, Open Floor Plan
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Mud Room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 10

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Shake, Cedar
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Optional, Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Niantic Center
  • Middle School: East Lyme
  • High School: East Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.0700
  • Lot Description: Water View
  • Zoning: R10

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6555
  • Total Assessed Value: 263480
  • Mil Rate Base: 24.880
  • Mil Rate Total: 24.880
  • Assessor Parcel Number: 2146610

MLS Schools

  • Elementary School: Niantic Center
  • Middle Jr High School: East Lyme
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2023
Closed on
Aug 4, 2023
Sold by
Ramsdell Ralph
Bought by
Lawrence Matthew W
Seller's Agent
Laura Frisch
William Raveis Real Estate
Buyer's Agent
Geoffrey Hausmann
RE/MAX on the Bay
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%
Total Days on Market
52
Views
104
Current Estimated Value
$708,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,089
Avg. Annual Appreciation
5.48%
Original Mortgage
$580,000
Outstanding Balance
$569,301
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$138,788

Purchase Details

Closed on
Apr 8, 2016
Sold by
Meridian Street Ext Ll
Bought by
Ramsdell Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,905
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2015
Sold by
Johnson Geraldine
Bought by
Meridian Street Ext Llc

Range of Values:

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Average Value
Not Available
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
Lawrence Matthew W $645,000 None Available
Ramsdell Ralph $339,900 --
Meridian Street Ext Llc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Matthew W $580,000
Previous Owner Sanders Eric J $322,905
Previous Owner Sanders Eric J $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $645,000 -0.8% $426 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $650,000 -- $429 / 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 $6,943 $263,480 $127,820 $135,660
2023 $6,555 $263,480 $127,820 $135,660
2022 $6,281 $263,480 $127,820 $135,660
2021 $5,839 $204,820 $122,010 $82,810
2020 $5,809 $204,820 $122,010 $82,810
2019 $5,774 $204,820 $122,010 $82,810
2018 $5,602 $204,820 $122,010 $82,810
2017 $5,358 $204,820 $122,010 $82,810
2016 $5,729 $225,890 $151,060 $74,830
2015 $5,582 $225,890 $151,060 $74,830
2014 -- $225,890 $151,060 $74,830
Source: Public Records

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Source: SmartMLS

MLS Number: 170574883

SmartMLS

APN: ELYM-022010-000039