NOT LISTED FOR SALE

116 S Edgewood Rd Niantic, CT 06357

Estimated Value: $459,042 - $496,000

2 Beds
1.5 Baths
1,731 Sq Ft
$280/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $230,000 $133 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,048/month

4 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 1 Fireplace
  • East Lyme Middle School Rated A-
  • Attic
  • 3-minute walk to Giants Neck Heights Playground

About This Home

As of June 2015

Open floor plan w/a generous, versatile room layout. Enclosed porch area heated - could be a possible 3rd bdrm. Home sparkles within - inviting LR w/FP, light, bright KT w/plenty of table room. Private rear lot w/ground deck & fit pit area. Bike or walk to beach. Enjoy such amenities as the clubhouse, tennis & a playground! Effective age of home more like 10-12 yrs!

Last Agent to Sell the Property

Mary Poola

William Raveis Real Estate License #REB.0755915 Listed on: 04/27/2015

William Raveis Real Estate

Last Buyer's Agent

Jason Pope

RE/MAX One License #RES.0756085

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,475

Year Built

  • Built in 1945

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,731 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Dryer

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Lily B Haynes Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Giants Neck Subdivision

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,475

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 1731
  • Year Built: 1945
  • Nearby Amenities: Playground/Tot Lot, Tennis Courts
  • Association Amenities: Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Giants Neck to Dell, follow up 4 blocks, left on S. Edgewood Rd.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven/Range, Refrigerator, Range Hood
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 116

Exterior Features

  • Exterior Features: Deck, Porch, Shed
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 275

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Lily B Haynes
  • High School: East Lyme
  • Intermediate School: East Lyme

Lot Info

  • Acres: 0.2300
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 3475
  • Total Assessed Value: 144620
  • Mil Rate Total: 24.030
  • Assessor Parcel Number: 1473164

MLS Schools

  • Elementary School: Lily B Haynes
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jul 1, 2015
Sold by
Wheeler Michele S and Wheeler Kurt O
Bought by
Morris Patrick G
Seller's Agent
Mary Poola
William Raveis Real Estate
Buyer's Agent
Jason Pope
RE/MAX One
List Price
$229,000
Sold Price
$230,000
Premium/Discount to List
$1,000
0.44%
Current Estimated Value
$485,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,011
Avg. Annual Appreciation
7.53%
Original Mortgage
$218,500
Outstanding Balance
$169,716
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$315,295

Purchase Details

Closed on
May 2, 2003
Sold by
Benway Edward E
Bought by
Wheeler Michele S and Wheeler Kurt O
Source: Public Records

Range of Values:

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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
Morris Patrick G $230,000 --
Wheeler Michele S $160,000 --
Morris Patrick G $230,000 --
Wheeler Michele S $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Michele S $218,500
Closed Wheeler Michele S $218,500
Previous Owner Wheeler Michele S $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $230,000 +0.4% $133 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $229,000 -- $132 / 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 $5,713 $203,980 $83,160 $120,820
2024 $5,375 $203,980 $83,160 $120,820
2023 $5,075 $203,980 $83,160 $120,820
2022 $4,863 $203,980 $83,160 $120,820
2021 $4,418 $154,980 $75,180 $79,800
2020 $4,395 $154,980 $75,180 $79,800
2019 $4,369 $154,980 $75,180 $79,800
2018 $4,239 $154,980 $75,180 $79,800
2017 $4,054 $154,980 $75,180 $79,800
2016 $3,668 $144,620 $71,260 $73,360
2015 $3,574 $144,620 $71,260 $73,360
2014 $3,475 $144,620 $71,260 $73,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10040397

SmartMLS

APN: ELYM-007014-000008