NOT LISTED FOR SALE

Estimated Value: $709,000 - $824,000

3 Beds
3 Baths
3,293 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $696,000 $211 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,094/month

28 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • 2 Fireplaces
  • East Lyme Middle School Rated A-
  • Attic
  • Awning

About This Home

As of April 2024

Embrace the opportunity to breathe new life into this exquisite custom-built "Bow" style Cape – making its debut on the market for the very first time! Nestled on the corner of Smith Ave and Grand Street ( on the corner by the boat launch) in the heart of downtown Niantic, this home offers an unrivaled blend of charm, comfort, and coastal allure. Stepping through the door, you'll immediately envision the potential within this meticulously crafted residence. Featuring three bedrooms and three full baths, each corner exudes a sense of warmth and welcome, awaiting your personal touch to restore its former glory. The main level invites you to reimagine the possibilities, with the kitchen ready to undergo modern updates and the living area boasting a cozy fireplace, creating an inviting atmosphere for gatherings or quiet evenings in. Venture outdoors to discover your canvas for transformation – while the fenced-in garden retreat offers a glimpse of its former beauty, it yearns for your green thumb and vision to restore it to its full splendor. Upstairs, the primary bedroom awaits, offering not only comfort but views of Niantic Bay, providing a serene backdrop to your daily routine. Complete with its own fireplace, it serves as a cozy retreat to escape the day's hustle and bustle. Adding to the allure of this coastal gem is the spacious 2-car detached garage with an upper-level storage space – a rare find offering ample room for vehicles, tools, and more.

Last Agent to Sell the Property

Amy Jones

Berkshire Hathaway NE Prop. License #RES.0772675 Listed on: 03/08/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Jeff Thomas

Higgins Group Real Estate License #RES.0805649

Higgins Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,605

Year Built

  • Built in 1987

Lot Details

  • 0.25 Acre Lot
  • Garden
  • Property is zoned CB

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 2 Fireplaces
  • Awning

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Basement Hatchway
  • Laundry in Basement

Parking

  • 2 Car Garage
  • Parking Deck

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Electric Water Heater

Additional Features

  • Deck
  • Property is near shops

Listing and Financial Details

  • Exclusions: washer & dryer
  • Assessor Parcel Number 1467632

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,605

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2117
  • Sq Ft Est Heated Below Grade: 1176
  • Total Sq Ft: 3293
  • Year Built: 1987
  • New Construction: No/Resale
  • Nearby Amenities: Park, Shopping/Mall
  • Remarks Public Addendum: Moreover, with zoning designated as CB (Central Business), the possibilities for this property are endless. Imagine operating a charming bed and breakfast, a professional office, or perhaps a boutique shop – the choice is yours to make this Niantic treasure your own! Immerse yourself in the vibrant energy of downtown Niantic, with the scenic boardwalk and an array of local dining establishments just moments away. With this being the first time this remarkable property has graced the market, seize the opportunity to embark on a journey of restoration and make it your own. Don't miss out on this rare chance to call this Niantic treasure your own!
  • Exclusions: washer & dryer
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Directions: On the corner of Smith Ave and Grand Street near the entrance for the boat launch
  • Financing Used: Assumed Conventional
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 2117
  • Street Type: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Storage Space, Pull-Down Stairs
  • Basement Description: Full, Heated, Hatchway Access
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Location: basement
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 11

Exterior Features

  • Exterior Features: Awnings, Deck, Garden Area
  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Wood Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer In Street, Septic

Schools

  • Elementary School: Niantic Center
  • Middle School: East Lyme
  • High School: East Lyme
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.25
  • Lot Description: Fence - Partial Corner Lot Level Lot Water View
  • Flood Zone: No
  • Zoning: CB
  • Parcel #: 1467632

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 9605
  • Total Assessed Value: 386050
  • Mil Rate Total: 24.88

MLS Schools

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Burke Sheila O $151,300
Closed Burke Sheila O $159,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $696,000 0.0% $211 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $696,000 -- $211 / 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 $10,815 $386,120 $187,250 $198,870
2024 $10,172 $386,050 $187,250 $198,800
2023 $9,605 $386,050 $187,250 $198,800
2022 $9,203 $386,050 $187,250 $198,800
2021 $8,244 $289,170 $145,600 $143,570
2020 $8,201 $289,170 $145,600 $143,570
2019 $8,152 $289,170 $145,600 $143,570
2018 $7,909 $289,170 $145,600 $143,570
2017 $7,565 $289,170 $145,600 $143,570
2016 $7,431 $293,020 $145,600 $147,420
2015 $7,241 $293,020 $145,600 $147,420
2014 $7,041 $293,020 $145,600 $147,420
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24001467

SmartMLS

APN: ELYM-001201-000047