NOT LISTED FOR SALE

Estimated Value: $374,729 - $464,000

2 Beds
1 Bath
808 Sq Ft
$535/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $311,990 $386 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,565/month

8 Days on Market

Highlights

  • Public Water Access
  • River Front
  • 1 Fireplace
  • East Lyme Middle School Rated A-
  • Attic
  • No HOA

About This Home

As of May 2022

An adorable year-round bungalow located in a quaint waterfront community of Saunder's point/Oswegatchie Hills on the Niantic River leading to the Long Island Sound. This home offers a lovely sunroom for sitting with your morning coffee and a relaxing living room and dining area to enjoy your favorite meals fireside. The spacious kitchen offers many options to create your own design and add your own special touch. The backyard is open and fenced in with a storybook shed for storage or gardening as well as a patio to entertain. This charming home is nestled across from the parks of Oswegatchie Hills Club where you have the option to join the social club for use of the tennis courts, a basketball court, a beach with swim raft, 6-hole golf course, children’s playscape and also enjoy the social events throughout the year. Check out the club website at www.ohcniantic.org for membership information. This home is perfectly located in Niantic to enjoy all the outdoor/beach activities and the eateries and conveniences of Niantic. A nice quiet place with all the amenities to call home.

Last Agent to Sell the Property

Valerie Stadnik

Real Broker CT, LLC License #RES.0798321 Listed on: 04/01/2022

Real Broker CT, LLC

Last Buyer's Agent

Scott Pellerin

Coldwell Banker Realty License #RES.0784146

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1942

Lot Details

  • 5,227 Sq Ft Lot
  • River Front
  • Level Lot
  • Property is zoned R10

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar Siding
  • Piling Construction

Interior Spaces

  • 808 Sq Ft Home
  • 1 Fireplace
  • Sitting Room
  • Screened Porch
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Attic

  • Pull Down Stairs to Attic
  • Attic or Crawl Hatchway Insulated

Parking

  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Public Water Access
  • Walking Distance to Water
  • Shed
  • Rain Gutters

Utilities

  • Hot Water Heating System
  • Heating System Uses Propane
  • Tankless Water Heater
  • Hot Water Circulator
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,520

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Neighborhood: Saunder's Point
  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 808
  • Public Record Living Room Sq Ft: 808
  • Total Sq Ft: 808
  • Year Built: 1942
  • Nearby Amenities: Basketball Court, Library, Park, Playground/Tot Lot, Private Rec Facilities, Public Rec Facilities
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 906
  • Directions: 161S, turn left onto Oswegatchie Hills Rd, turn right onto North Rd, house will be on the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Access Via Hatch
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Gas Range, Refrigerator, Washer, Electric Dryer
  • Additional Rooms: Sitting Room
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Porch-Screened, Shed
  • Exterior Siding: Cedar
  • Foundation Type: Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, Water Community, Association Optional, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Dirt

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot, Fence - Full
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3520
  • Mil Rate Base: 28.510
  • Assessor Parcel Number: 2146694

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 9, 2022
Sold by
Grant
Bought by
Burchsted Gary and Burchsted Jenna
Seller's Agent
Valerie Stadnik
Real Broker CT, LLC
Buyer's Agent
Scott Pellerin
Coldwell Banker Realty
List Price
$279,900
Sold Price
$311,990
Premium/Discount to List
$32,090
11.46%
Current Estimated Value
$432,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,442
Avg. Annual Appreciation
9.25%
Original Mortgage
$233,992
Outstanding Balance
$219,819
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,613

Purchase Details

Closed on
Sep 16, 2020
Sold by
Grant Malcolm
Bought by
Malcolm and Malcolm Grant M
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
Burchsted Gary $311,990 None Available
Malcolm -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burchsted Gary $233,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2022 05/10/22 Sold $311,990 +11.5% $386 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $279,900 -- $346 / 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 $3,925 $140,140 $81,410 $58,730
2024 $3,693 $140,140 $81,410 $58,730
2023 $3,487 $140,140 $81,410 $58,730
2022 $3,341 $140,140 $81,410 $58,730
2021 $3,520 $123,480 $77,700 $45,780
2020 $3,502 $123,480 $77,700 $45,780
2019 $3,481 $123,480 $77,700 $45,780
2018 $3,377 $123,480 $77,700 $45,780
2017 $3,230 $123,480 $77,700 $45,780
2016 $3,682 $145,180 $96,180 $49,000
2015 $3,587 $145,180 $96,180 $49,000
2014 $3,489 $145,180 $96,180 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170478485

SmartMLS

APN: ELYM-022014-000013