NOT LISTED FOR SALE

16 Luce Ave Unit 18 Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $304,000 - $379,000

3 Beds
2 Baths
1,576 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $245,000 $155 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,219/month

74 Days on Market

About This Home

As of August 2021

Two family home located in downtown Niantic. Close to main street, this two unit home has 2 bedrooms on the first floor and 1 bedroom with a loft on the second floor. Second floor has an updated kitchen and vinyl windows with Vaulted ceilings in the living room. Large rear yard and walking distance to Mainstreet Niantic.

Last Agent to Sell the Property

Justin Bradley

Coldwell Banker Realty License #RES.0805726 Listed on: 05/13/2021

Coldwell Banker Realty

Last Buyer's Agent

John Huhn

Coldwell Banker Realty License #REB.0791198

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,117

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,576 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • East Lyme High School

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,117

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1576
  • Public Record Living Room Sq Ft: 1576
  • Total Sq Ft: 1576
  • Year Built: 1930
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2928
  • Tax Year Updated Dt: 08/02/2021
  • Directions: Pennsylvania Ave to Luce Ave
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 16

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking

Utilities

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

Schools

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

Lot Info

  • Acres: 0.2600
  • Lot Description: N/A
  • Zoning: R10

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4117
  • Total Assessed Value: 144410
  • Mil Rate Base: 28.510
  • Mil Rate Total: 28.510
  • Assessor Parcel Number: 1468570

Multi Family

  • Total Num Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Goldstein Jacob A
Bought by
Hayes Kurt J
Current Estimated Value
$326,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$299,212
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$23,065

Purchase Details

Listed on
May 13, 2021
Closed on
Aug 5, 2021
Sold by
Roy Roland W
Bought by
Roy Roland W
Seller's Agent
Justin Bradley
Coldwell Banker Realty
Buyer's Agent
John Huhn
Coldwell Banker Realty
List Price
$329,900
Sold Price
$245,000
Premium/Discount to List
-$84,900
-25.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Sep 6, 2013
Sold by
Roy Ronald W
Bought by
Roy Ronald W
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 Buyer Sale Price Title Company
Hayes Kurt J $300,000 None Available
Roy Roland W -- None Available
Roy Roland W -- None Available
Roy Roland W $47,000 None Available
Roy Ronald W -- --
Roy Ronald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Kurt J $300,000
Previous Owner Roy Roland W $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $245,000 -20.7% $155 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $309,000 -6.3% $196 / Sq Ft
05/13/2021 05/13/21 For Sale $329,900 -- $209 / 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 $4,831 $183,330 $107,100 $76,230
2023 $4,561 $183,330 $107,100 $76,230
2022 $4,371 $183,330 $107,100 $76,230
2021 $4,117 $144,410 $75,320 $69,090
2020 $4,095 $144,410 $75,320 $69,090
2019 $4,071 $144,410 $75,320 $69,090
2018 $3,950 $144,410 $75,320 $69,090
2017 $3,778 $144,410 $75,320 $69,090
2016 $3,914 $154,350 $83,300 $71,050
2015 $3,814 $154,350 $83,300 $71,050
2014 $3,709 $154,350 $83,300 $71,050
Source: Public Records

Agents Affiliated with this Home

  • Justin Bradley

    Seller's Agent in 2021

    Justin Bradley

    Coldwell Banker Realty

    (860) 961-1846

    5 in this area

    120 Total Sales

    Justin Bradley
    Section Image
  • John Huhn

    Buyer's Agent in 2021

    John Huhn

    Coldwell Banker Realty

    (860) 501-1758

    2 in this area

    147 Total Sales

    John Huhn
    Section Image
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Map

Source: SmartMLS

MLS Number: 170399685

SmartMLS

APN: ELYM-001703-000070

Connecticut New London County Niantic 06357 Niantic

16 Luce Ave Unit 18, Niantic, CT

This home is located at 16 Luce Ave Unit 18, Niantic, CT 06357 since 13 May 2021 and is currently estimated at $326,069, approximately $206 per square foot. This property was built in 1930. 16 Luce Ave Unit 18 is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and The Light House Voc-Ed Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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