NOT LISTED FOR SALE

Estimated Value: $268,091 - $333,000

2 Beds
1 Bath
604 Sq Ft
$502/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $223,475 $370 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,950/month

104 Days on Market

Highlights

  • Beach Front
  • Deck
  • Community Basketball Court
  • East Lyme Middle School Rated A-
  • Cottage
  • 3-minute walk to Pine Grove

About This Home

As of November 2021

Completely remodeled beach cottage in the Pine Grove Niantic Beach Association!! This getaway packs a punch with the second floor hosting a loft style open 2 open bedrooms with vaulted ceilings, custom built-ins, sliders to a balcony, freshly painted & new flooring! First floor hosts an open kitchen with dining area & vaulted ceilings, new flooring, newer appliances, freshly painted and opens to the homes living room and offers access to your private & fenced outdoor entertaining space with a freshly painted deck & storage shed. Full bath with laundry is located on the first floor as well. Pine Grove Niantic (PGNA) association has extremly low yearly association fee and includes a quaint beach community nestled between Smith Cove & the Niantic River. Enjoy all PGNA has to offer - stroll to beaches, playground, basketball court, ball field, gazebo, & more. Ideal proximity & convenient to downtown Niantic, restaurants, shopping, I95 & I395. No flood insurance req'd & hooked up the town water & sewer!

Last Listed By

Jacek Mikolajczyk

Berkshire Hathaway NE Prop. License #RES.0797319 Listed on: 07/28/2021

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,423

Year Built

  • Built in 1936

Lot Details

  • 1,307 Sq Ft Lot
  • Beach Front
  • Level Lot
  • Property is zoned R10

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Cottage
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 604 Sq Ft Home
  • Ceiling Fan
  • Water Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Private Driveway
  • Unpaved Parking
  • Guest Parking
  • Visitor Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck
  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Please see attached inclusion

Community Details

Overview

  • Association fees include lake/beach access

Recreation

  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,423

Year Built

Built in 1936

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Neighborhood: Pine Grove
  • Property Type: Single Family For Sale
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 604
  • Public Record Living Room Sq Ft: 604
  • Total Sq Ft: 604
  • Year Built: 1936
  • Association Amenities: Basketball Court, Guest Parking, Playground/Tot Lot
  • Exclusions: Please see attached inclusion
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 695
  • Tax Year Updated Dt: 08/02/2021
  • Directions: GPS FRIENDLY
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Balcony, Deck, Gutters, Lighting, Shed, Sidewalk
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Required, Beach, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Off Street Parking
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 116
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.0300
  • Lot Description: Water View, Level Lot, Fence - Partial
  • Zoning: R10

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3423
  • Total Assessed Value: 120050
  • Mil Rate Base: 28.510
  • Mil Rate Total: 28.510
  • Assessor Parcel Number: 1468908

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

Closed on
Jul 6, 2015
Sold by
Pellegri Jean M
Bought by
Pellegri Children T
Total Days on Market
104
Current Estimated Value
$303,023

Purchase Details

Closed on
Apr 14, 2000
Sold by
Gannon Lynn E
Bought by
Pellegri Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
8.26%

Purchase Details

Closed on
Oct 18, 1988
Sold by
Morton Rufus
Bought by
Gannon Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
10.63%

Range of Values:

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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
Pellegri Children T -- --
Pellegri Jean M $64,000 --
Gannon Lynn $90,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazer Deborah A $117,900
Open Frazer Deborah A $178,777
Previous Owner Gannon Lynn $48,500
Previous Owner Gannon Lynn $51,200
Previous Owner Gannon Lynn $81,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $223,475 -6.8% $370 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
10/27/2021 10/27/21 Price Changed $239,900 -4.0% $397 / Sq Ft
07/28/2021 07/28/21 For Sale $249,900 +108.3% $414 / Sq Ft
08/07/2020 08/07/20 Sold $120,000 -20.0% $199 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $150,000 -9.1% $248 / Sq Ft
05/12/2020 05/12/20 For Sale $165,000 -- $273 / 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
2024 $3,125 $118,580 $65,870 $52,710
2023 $2,950 $118,580 $65,870 $52,710
2022 $2,827 $118,580 $65,870 $52,710
2021 $3,423 $120,050 $84,210 $35,840
2020 $3,405 $120,050 $84,210 $35,840
2019 $3,384 $120,050 $84,210 $35,840
2018 $3,283 $120,050 $84,210 $35,840
2017 $3,141 $120,050 $84,210 $35,840
2016 $3,281 $129,360 $91,490 $37,870
2015 $3,196 $129,360 $91,490 $37,870
2014 -- $129,360 $91,490 $37,870
Source: Public Records

Agents Affiliated with this Home

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