NOT LISTED FOR SALE

12 Great Wight Way Niantic, CT 06357

Estimated Value: $970,723 - $1,348,000

5 Beds
3 Baths
1,898 Sq Ft
$593/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $475,000 $250 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $7,101/month

49 Days on Market

Highlights

  • Attic
  • 1 Fireplace
  • No HOA
  • East Lyme Middle School Rated A-
  • Terrace
  • Tennis Courts

About This Home

As of October 2015

This well preserved, charming, five bedroom, 1920's Old Black Point home sits on just over a third of a beautifully landscaped acre surrounded by privet hedges. Numerous windows draw in sunlight throughout the house. The first floor includes a sunny kitchen, one bedroom, dining area and an open living room with a fireplace. The second floor consists of the master bedroom suite with a balcony and three additional bedrooms and two bathrooms ensure comfort for family and guests. Enjoy the bluestone terrace overlooking the spacious yard. The home is convenient to museums, farmer's markets, marinas, golf courses, restaurants and only two hours from New York and Boston.

Last Agent to Sell the Property

James Childs

William Pitt Sotheby's Int'l License #RES.0774148 Listed on: 06/08/2015

William Pitt Sotheby's Int'l

Last Buyer's Agent

James Childs

William Pitt Sotheby's Int'l License #RES.0774148 Listed on: 06/08/2015

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,157

Year Built

  • Built in 1929

Lot Details

  • 0.35 Acre Lot
  • Open Lot
  • Garden

Parking

  • Shared Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,898 Sq Ft Home
  • 1 Fireplace
  • Sitting Room
  • Dirt Floor
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace
  • Shed
  • Rain Gutters

Location

  • Property is near a golf course

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Old Black Point Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,157

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cottage
  • Total Sq Ft: 1898
  • Year Built: 1929
  • Nearby Amenities: Golf Course, Library, Playground/Tot Lot, Private School(s), Public Rec Facilities, Tennis Courts, Public Trash Pickup
  • Association Amenities: Putting Green, Playground/Tot Lot, Tennis Courts
  • Easements Right Of Way: Yes
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Old Black Point Road to Great Wight Way.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Dirt Floor
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Dryer, Freezer, Gas Range, Refrigerator, Range Hood, Washer
  • Additional Rooms: Sitting Room
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 12

Exterior Features

  • Exterior Features: Balcony, Garden Area, Gutters, Shed, Terrace
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Open
  • Driveway Type: Shared

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.3500
  • Lot Description: Open Lot, Professionally Landscaped
  • Flood Zone: No
  • Property Info: Seasonal Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 11157
  • Total Assessed Value: 464310
  • Mil Rate Total: 24.030
  • Assessor Parcel Number: 1465251

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2015
Closed on
Oct 2, 2015
Sold by
Johnson Stephen S and Johnson-Goben Carolyn
Bought by
Butler Jonathan R
Seller's Agent
James Childs
William Pitt Sotheby's Int'l
Buyer's Agent
James Childs
William Pitt Sotheby's Int'l
List Price
$579,000
Sold Price
$475,000
Premium/Discount to List
-$104,000
-17.96%
Current Estimated Value
$1,126,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,181
Avg. Annual Appreciation
8.99%
Original Mortgage
$380,000
Outstanding Balance
$299,689
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$826,492
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
Butler Jonathan R $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Jonathan R $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2015 10/02/15 Sold $475,000 -18.0% $250 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $579,000 -- $305 / 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 $13,562 $484,190 $312,760 $171,430
2024 $12,758 $484,190 $312,760 $171,430
2023 $12,047 $484,190 $312,760 $171,430
2022 $11,543 $484,190 $312,760 $171,430
2021 $12,140 $425,810 $312,760 $113,050
2020 $12,118 $427,280 $312,760 $114,520
2019 $12,045 $427,280 $312,760 $114,520
2018 $11,686 $427,280 $312,760 $114,520
2017 $11,178 $427,280 $312,760 $114,520
2016 $11,775 $464,310 $360,920 $103,390
2015 $11,473 $464,310 $360,920 $103,390
2014 $11,157 $464,310 $360,920 $103,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10053560

SmartMLS

APN: ELYM-000201-000028