$131,000
SOLD DEC 4, 2018
5 Beds
1.5 Baths
2,736 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

22% Below List Price

35 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

Investor and Contractor Special!! Large contemporary style home, located in walking distance to downtown Niantic, beaches, shops, and the waterfront. The home needs complete rehab and a portion of the interior has been gutted and is ready to be rebuilt. Town record states five bedrooms and two baths. Kitchen has a slider, leading to a large patio and in ground pool. Home is bank owned and is selling “as-is.” Will not qualify for financing.

Last Agent to Sell the Property

John Troland

William Raveis Real Estate License #RES.0793858 Listed on: 09/28/2018

William Raveis Real Estate

Last Buyer's Agent

John Troland

William Raveis Real Estate License #RES.0793858 Listed on: 09/28/2018

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,322

Year Built

  • Built in 1945

Lot Details

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

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Block 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
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water
  • Shed

Schools

  • East Lyme High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,322

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • 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: Pennsylvania Ave to State Rd. Home is on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Partial
  • Appliances: Oven/Range, Dishwasher
  • Attic: No
  • Street Number Modifier: 14

Exterior Features

  • Exterior Features: Shed
  • Exterior Siding: Wood
  • Foundation Type: Block, 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: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2400
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5322
  • Total Assessed Value: 194600
  • Mil Rate Base: 27.350
  • Mil Rate Total: 27.350
  • Assessor Parcel Number: 1468512

MLS Schools

  • Elementary School: Per Board of Ed
  • 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
$741,267

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
$297,030
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$446,913

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
29.79%
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
19.13%

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:

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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 Type Sale Price Title Company
Warranty Deed $375,000 --
Warranty Deed $375,000 --
Warranty Deed $131,000 --
Quit Claim Deed -- --
Warranty Deed $160,000 --
Quit Claim Deed -- --
Warranty Deed $131,000 --
Quit Claim Deed -- --
Warranty Deed $160,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,500 New Conventional
Closed $337,500 New Conventional
Previous Owner $155,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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: 170129197

SmartMLS

APN: ELYM-001703-000012