NOT LISTED FOR SALE

Estimated Value: $590,000 - $869,000

5 Beds
2.5 Baths
2,736 Sq Ft
$267/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $550,000 $201 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,424/month

5 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • No HOA
  • East Lyme Middle School Rated A-
  • 1 Fireplace
  • Walking Distance to Water

About This Home

As of November 2021

Feast your eyes on this stunning, fully remodeled, contemporary home in Downtown Niantic. Two streets over from area beaches, the boardwalk, and numerous local restaurants, this house provides an ideal village location to call home. Entering the main entrance in the foyer, you are flooded with light from both the wall of windows and the mid-century modern light fixture above. Gorgeous hardwood floors lead you into the exquisite living room complete with a wood burning fireplace and coffered ceilings. To the left you will find the dining area to round out the open floor plan. Two open entryways to a semi-private space is ideal for your home gym or office. Separating the main living space from the master retreat is a hallway with the en suite and the walk-in closet. As you pass through the dining area, you will find the brand new kitchen with butcher block countertops, stainless steel appliances, and bay window for an abundance of light and views of the backyard and established garden. A vaulted ceiling family room, complete with skylights, adds to the expansive feel of the well appointed family room. Head out the sliding glass doors to the in-ground pool, vast patio area, and jacuzzi tub. Upstairs, the hallway doubles as open lofted space and is perfect for a desk or reading nook. Completing this home are three large bedrooms, two with walk in closets, and a full bath. This home also offers water rights to Dodge pond.

Last Agent to Sell the Property

Lee Barr

William Raveis Real Estate License #RES.0802818 Listed on: 09/17/2021

William Raveis Real Estate

Last Buyer's Agent

Donald Chapman

RE/MAX on the Bay License #RES.0808563

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 1945

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot
  • Property is zoned R10

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,736 Sq Ft Home
  • 1 Fireplace
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Driveway
  • Paved Parking

Eco-Friendly Details

  • Heating system powered by active solar

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,676

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 2736
  • Public Record Living Room Sq Ft: 2736
  • Total Sq Ft: 2736
  • Year Built: 1945
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4666
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Partial
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Attic: No

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Active Solar

Lot Info

  • Acres: 0.2400
  • Lot Description: Level Lot
  • Zoning: R10

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5676
  • Mil Rate Base: 28.510
  • Assessor Parcel Number: 1468512

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2019
Sold by
First American Hm Constr
Bought by
Upton Gary
Current Estimated Value
$729,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$295,059
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$434,657

Purchase Details

Listed on
Sep 28, 2018
Closed on
Nov 27, 2018
Sold by
1S Reo Income Llc
Bought by
First American Home Co
Seller's Agent
John Troland
William Raveis Real Estate
Buyer's Agent
John Troland
William Raveis Real Estate
List Price
$169,000
Sold Price
$131,000
Premium/Discount to List
-$38,000
-22.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.45%
Original Mortgage
$155,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
Lending Home Funding C
Bought by
Is Reo Income Llc

Purchase Details

Listed on
Sep 29, 2016
Closed on
Oct 24, 2016
Sold by
Fnma
Bought by
Pricevalle Phillip
Seller's Agent
Tammy Boles-Senkewitcz
Asset Real Estate
Buyer's Agent
Ferdinand Giacinto
RE/MAX on the Bay
List Price
$184,500
Sold Price
$160,000
Premium/Discount to List
-$24,500
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.95%

Purchase Details

Closed on
Jun 6, 2014
Sold by
Jp Morgan Chase Bank N
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Upton Gary $375,000 --
Upton Gary $375,000 --
First American Home Co $131,000 --
Is Reo Income Llc -- --
Pricevalle Phillip $160,000 --
Federal National Mortgage Association -- --
First American Home Co $131,000 --
Is Reo Income Llc -- --
Pricevalle Phillip $160,000 --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Upton Gary $337,500
Closed Upton Gary $337,500
Previous Owner Federal National Mortgage Association $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $550,000 0.0% $201 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $550,000 +319.8% $201 / Sq Ft
12/04/2018 12/04/18 Sold $131,000 -17.6% $48 / Sq Ft View Prior Sale
11/02/2018 11/02/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $159,000 -5.9% $58 / Sq Ft
09/28/2018 09/28/18 For Sale $169,000 +5.6% $62 / Sq Ft
10/24/2016 10/24/16 Sold $160,000 -13.3% $58 / Sq Ft View Prior Sale
09/29/2016 09/29/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $184,500 -- $67 / 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 $7,211 $257,460 $79,240 $178,220
2024 $6,784 $257,460 $79,240 $178,220
2023 $6,406 $257,460 $79,240 $178,220
2022 $6,138 $257,460 $79,240 $178,220
2021 $5,676 $199,080 $75,250 $123,830
2020 $5,646 $199,080 $75,250 $123,830
2019 $5,486 $194,600 $75,250 $119,350
2018 $5,322 $194,600 $75,250 $119,350
2017 $5,091 $194,600 $75,250 $119,350
2016 $4,871 $192,080 $71,330 $120,750
2015 $4,746 $192,080 $71,330 $120,750
2014 $4,616 $192,080 $71,330 $120,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170437474

SmartMLS

APN: ELYM-001703-000012