NOT LISTED FOR SALE

16 Lake View Heights Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $336,000 - $396,000

1 Bed
1 Bath
636 Sq Ft
$588/Sq Ft Est. Value

Last Sold March 25, 2019

Last sale price $198,750 $312 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,371/month

40 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Attic
  • East Lyme Middle School Rated A-
  • Ranch Style House
  • 1 Fireplace

About This Home

As of March 2019

Great things come in small packages !! This one-bedroom charmer is a perfect condo-alternative or weekend getaway if you are looking for village living...WITH VIEWS !!!! Year-round pond views, maintenance free living with new boiler, new hot water heater, new oil tank, new central air and new chimney liner. Super-insulated !! Designer style & flair. Home has great flow. Lower level garage, neat & clean utility room and storage space. Two crafted outdoor spaces for seasonal enjoyment. Walk to downtown, beaches, restaurants & shops. Really a must see ! And again...please don't let size fool you - it not only feels like a waterfront but it also feels larger than you would think !!

Last Agent to Sell the Property

Beverly Nebelung

Berkshire Hathaway NE Prop. License #RES.0771919 Listed on: 01/02/2019

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Ann Petrizzi

RE/MAX on the Bay License #RES.0803709

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,697

Year Built

  • Built in 1931

Lot Details

  • 5,227 Sq Ft Lot
  • Home fronts a pond
  • Property is zoned R10

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 636 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Storage In Attic

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage

Outdoor Features

  • Walking Distance to Water

Schools

  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,697

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 636
  • Public Record Living Room Sq Ft: 636
  • Total Sq Ft: 636
  • Year Built: 1931
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1454
  • Directions: Rt. 161 (Pennsylvania Ave.), turn onto Lakeview Heights (by the Community Church)....follow toward water...home on right
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Full With Walk-Out, Garage Access
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1200
  • Lot Description: Water View
  • Zoning: R10

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 3697
  • Mil Rate Base: 27.350
  • Assessor Parcel Number: 1468426

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Mar 26, 2019
Sold by
Villano Lisa
Bought by
Bayliss Susan
Seller's Agent
Beverly Nebelung
Berkshire Hathaway NE Prop.
Buyer's Agent
Ann Petrizzi
RE/MAX on the Bay
List Price
$219,000
Sold Price
$198,750
Premium/Discount to List
-$20,250
-9.25%
Current Estimated Value
$374,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,308
Avg. Annual Appreciation
9.88%
Original Mortgage
$156,800
Outstanding Balance
$138,133
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,925

Purchase Details

Listed on
Jul 17, 2014
Closed on
Sep 16, 2014
Sold by
Fnma
Bought by
Villano Lisa B
Seller's Agent
Cheryl Keithan
Coldwell Banker Realty
Buyer's Agent
Beverly Nebelung
Berkshire Hathaway NE Prop.
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$132,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2014
Sold by
Jp Morgan Chase Bank N
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 27, 2006
Sold by
Gregory Gary
Bought by
Millea Jill

Purchase Details

Closed on
Mar 29, 1999
Sold by
Anger Elizabeth K
Bought by
Gregory Gary F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bayliss Susan $198,750 --
Villano Lisa B $165,000 --
Federal National Mortgage Association -- --
Millea Jill $190,000 --
Gregory Gary F $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory Gary F $156,800
Previous Owner Gregory Gary F $70,000
Previous Owner Gregory Gary F $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2019 03/25/19 Sold $198,750 -5.3% $313 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
01/21/2019 01/21/19 Price Changed $209,900 -4.2% $330 / Sq Ft
01/02/2019 01/02/19 For Sale $219,000 +32.7% $344 / Sq Ft
09/15/2014 09/15/14 Sold $165,000 -5.7% $259 / Sq Ft View Prior Sale
08/06/2014 08/06/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $175,000 -- $275 / 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 $4,839 $172,760 $92,470 $80,290
2024 $4,440 $168,490 $92,470 $76,020
2023 $4,192 $168,490 $92,470 $76,020
2022 $4,017 $168,490 $92,470 $76,020
2021 $3,854 $135,170 $87,850 $47,320
2020 $3,833 $135,170 $87,850 $47,320
2019 $3,810 $135,170 $87,850 $47,320
2018 $3,697 $135,170 $87,850 $47,320
2017 $3,536 $135,170 $87,850 $47,320
2016 $3,279 $129,290 $83,230 $46,060
2015 $3,139 $127,050 $83,230 $43,820
2014 $3,053 $127,050 $83,230 $43,820
Source: Public Records

Agents Affiliated with this Home

  • Beverly Nebelung

    Seller's Agent in 2019

    Beverly Nebelung

    Berkshire Hathaway Home Services

    (860) 625-5034

    7 in this area

    54 Total Sales

    Beverly Nebelung
    Section Image

  • A

    Buyer's Agent in 2019

    Ann Petrizzi

    RE/MAX

    (860) 912-2260

    2 in this area

    22 Total Sales

    Ann Petrizzi
    Section Image
  • Cheryl Keithan

    Seller's Agent in 2014

    Cheryl Keithan

    Coldwell Banker Realty

    (860) 463-0900

    1 in this area

    61 Total Sales

    Cheryl Keithan
    Section Image
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Map

Source: SmartMLS

MLS Number: 170152687

SmartMLS

APN: ELYM-001604-000076

Connecticut New London County Niantic 06357 Niantic

16 Lake View Heights, Niantic, CT

Not Listed for Sale

Detached

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