NOT LISTED FOR SALE

13 Cottage Ln Niantic, CT 06357

Estimated Value: $526,804 - $617,000

3 Beds
2 Baths
1,344 Sq Ft
$439/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $265,000 $197 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,637/month

71 Days on Market

Highlights

  • Beach Access
  • Colonial Architecture
  • 1 Car Attached Garage
  • East Lyme Middle School Rated A-
  • Deck
  • Ceiling Fan

About This Home

As of November 2016

Located in the heart of the Private Black Point beach community, this 20 yr young Colonial ( built in 1996) is ready for its new owner. With 3 bedrooms , 2 full baths , a walkout basement, hardwood on first floor and seasonal water views . Have the beach at your finger tips or the tip of toes as it is a short distance to the private sandy beaches ...This property abuts a 18 acre open space wooded conservation area adjacent to Old Black Point. Hurry WONT LAST at this price !!! BEACH PROPERTY VALUE .. for sure

Last Agent to Sell the Property

Bob Cancelmo

Berkshire Hathaway NE Prop. License #RES.0756931 Listed on: 07/31/2016

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Joseph Rhodes

Coldwell Banker Realty License #REB.0750631

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,914

Year Built

  • Built in 1996

Lot Details

  • 5,227 Sq Ft Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Ceiling Fan
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • Association fees include club house, lake/beach access, property management, trash pickup

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,914

Year Built

Built in 1996

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Neighborhood: Black Point
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 1344
  • Year Built: 1996
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Old Black Point Road to Woodland to Cottage
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Walk-Out
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven/Range, Refrigerator
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Access, Beach Rights, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Asphalt, Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 2000

Condo/Co-op/Association

  • Association Fee Includes: Club House, Lake/Beach Access, Property Management, Trash Pickup
  • HOA Fees: 250
  • HOA Fee Frequency: Annually
  • HOA: No

Schools

  • Intermediate School: East Lyme

Lot Info

  • Acres: 0.1200
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 4914
  • Assessor Parcel Number: 1472521

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2016
Closed on
Nov 29, 2016
Sold by
Salvemini Marie
Bought by
Manifold Michael T
Seller's Agent
Bob Cancelmo
Berkshire Hathaway NE Prop.
Buyer's Agent
Joseph Rhodes
Coldwell Banker Realty
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%
Current Estimated Value
$590,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,201
Avg. Annual Appreciation
9.18%
Original Mortgage
$223,925
Outstanding Balance
$180,536
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$409,665

Purchase Details

Closed on
May 3, 2001
Sold by
Reed Patrick B and Reed Julie J
Bought by
Salvemini Marie

Purchase Details

Closed on
Dec 1, 1997
Sold by
Bonelli Thomas M and Bonelli Janet L
Bought by
Reed Patrick B and Reed Julie J

Purchase Details

Closed on
Jun 13, 1997
Sold by
Bonelli John A
Bought by
Barnard Jeffrey A

Purchase Details

Closed on
Oct 11, 1996
Sold by
Bonelli John A
Bought by
Bonelli Thomas M and Bonelli Janet L

Purchase Details

Closed on
Jul 24, 1996
Sold by
Moore Donald J and Moore Genevieve F
Bought by
Bonelli John A
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
Manifold Michael T $265,000 --
Salvemini Marie $209,900 --
Reed Patrick B $151,000 --
Barnard Jeffrey A $194,150 --
Bonelli Thomas M $130,000 --
Bonelli John A $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonelli John A $223,925
Previous Owner Bonelli John A $25,000
Previous Owner Bonelli John A $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $265,000 -3.6% $197 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
10/02/2016 10/02/16 For Sale $274,900 +3.7% $205 / Sq Ft
09/16/2016 09/16/16 Off Market $265,000 -- --
09/10/2016 09/10/16 Price Changed $279,900 -3.1% $208 / Sq Ft
07/31/2016 07/31/16 For Sale $289,000 -- $215 / 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 $6,347 $226,590 $111,020 $115,570
2024 $5,971 $226,590 $111,020 $115,570
2023 $5,638 $226,590 $111,020 $115,570
2022 $5,402 $226,590 $111,020 $115,570
2021 $5,398 $189,350 $96,180 $93,170
2020 $5,370 $189,350 $96,180 $93,170
2019 $5,338 $189,350 $96,180 $93,170
2018 $5,179 $189,350 $96,180 $93,170
2017 $4,953 $189,350 $96,180 $93,170
2016 $4,914 $193,760 $96,180 $97,580
2015 $4,788 $193,760 $96,180 $97,580
2014 $4,656 $193,760 $96,180 $97,580
Source: Public Records

Agents Affiliated with this Home

  • Bob Cancelmo

    Seller's Agent in 2016

    Bob Cancelmo

    Berkshire Hathaway Home Services

    (860) 510-0013

    15 Total Sales

    Bob Cancelmo
    Section Image
  • Joseph Rhodes

    Buyer's Agent in 2016

    Joseph Rhodes

    Coldwell Banker Realty

    (860) 227-0921

    5 in this area

    50 Total Sales

    Joseph Rhodes
    Section Image
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Map

Source: SmartMLS

MLS Number: N10156648

SmartMLS

APN: ELYM-005014-000005

Connecticut New London County Niantic 06357

13 Cottage Ln, Niantic, CT

Not Listed for Sale

Detached

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