NOT LISTED FOR SALE

15 S Lee Rd Niantic, CT 06357

Estimated Value: $791,647 - $1,003,000

2 Beds
1.5 Baths
1,200 Sq Ft
$752/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $693,300 $578 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,377/month

11 Days on Market

Highlights

  • Beach Front
  • Public Water Access
  • Clubhouse
  • East Lyme Middle School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of June 2022

Giants Neck Beach at it's Best! Steps from the Waterline, Beaches and the neighborhood favorite, Pickelball & Tennis Courts! Check out our Pics & Aerial Photography! Spectacular Contemporary Ranch Style Home! Completely Reengineered & Rebuilt! Gleaming Hardwoods, Oil Hot Water Heat, Central AC Split System, Large Custom Kitchen w/ Stainless & Corian, Light, Bright & Spacious Floor Plan, First Floor Laundry, Two Bedrooms & 1.5 Bathrooms, Fireplace w/ Woodstove Insert, Vaulted Ceilings, Terrific Deck overlooking a private & beautiful rear yard! Generational memories are made in Giants Neck Beach! Now's your chance to create you own! It's a great time to buy a Waterfront Neighborhood Home! We are always here to help!

Last Agent to Sell the Property

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 05/13/2022

William Raveis Real Estate

Last Buyer's Agent

Jodi Strycharz

William Pitt Sotheby's Int'l License #RES.0767047

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,356

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Beach Front
  • Corner Lot
  • Level Lot
  • Property is zoned R12

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Open Floorplan
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Water Views
  • Partial Basement
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Outdoor Features

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

Schools

  • East Lyme High School

Utilities

  • Central Air
  • Split Air Conditioning
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

Overview

  • Association fees include club house, tennis, lake/beach access
  • Giants Neck Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,356

Year Built

Built in 1925

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Neighborhood: Giants Neck
  • Property Type: Single Family For Sale
  • Style: Contemporary, Ranch
  • Sq Ft Est Heated Above Grade: 1200
  • Public Record Living Room Sq Ft: 1152
  • Total Sq Ft: 1200
  • Year Built: 1925
  • Nearby Amenities: Park, Private Rec Facilities, Public Pool, Public Rec Facilities, Tennis Courts
  • Association Amenities: Club House, Park, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1625
  • Directions: W. Main St to Giants Neck Rd to S.Bridebrook to S. Lee / Look for sign
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partial With Hatchway
  • Interior Amenities: Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: First Floor
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Gutters, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Water Community, Beach, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air, Split System
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil, Wood
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access
  • HOA Fees: 200
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Fireplace Insert, Thermopane Windows

Lot Info

  • Acres: 0.1000
  • Lot Description: In Subdivision, Water View, Corner Lot, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R12

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 7356
  • Mil Rate Base: 28.510
  • Assessor Parcel Number: 1471760

MLS Schools

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

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 30, 2022
Sold by
Montgomery Kristin
Bought by
Formica Matthew and Cuningham Michaela
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Jodi Strycharz
William Pitt Sotheby's Int'l
List Price
$649,900
Sold Price
$693,300
Premium/Discount to List
$43,400
6.68%
Current Estimated Value
$902,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,612
Avg. Annual Appreciation
7.70%
Original Mortgage
$554,600
Outstanding Balance
$526,858
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$376,054

Purchase Details

Closed on
Mar 7, 2003
Sold by
Montogomery Janet
Bought by
Montogomery Kristin
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
Formica Matthew $693,300 None Available
Montogomery Kristin $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Formica Matthew $554,600
Previous Owner Montogomery Kristin $17,000
Previous Owner Montogomery Kristin $318,100
Previous Owner Montogomery Kristin $35,000
Previous Owner Montogomery Kristin $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $693,300 +6.7% $578 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $649,900 -- $542 / 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 $8,219 $293,440 $204,820 $88,620
2024 $7,732 $293,440 $204,820 $88,620
2023 $7,301 $293,440 $204,820 $88,620
2022 $6,996 $293,440 $204,820 $88,620
2021 $7,356 $258,020 $199,290 $58,730
2020 $7,317 $258,020 $199,290 $58,730
2019 $7,274 $258,020 $199,290 $58,730
2018 $7,057 $258,020 $199,290 $58,730
2017 $6,750 $258,020 $199,290 $58,730
2016 $6,504 $256,480 $199,290 $57,190
2015 $6,338 $256,480 $199,290 $57,190
2014 $6,163 $256,480 $199,290 $57,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170489758

SmartMLS

APN: ELYM-004011-000024