NOT LISTED FOR SALE

16 Oak Hill Dr Niantic, CT 06357

Estimated Value: $433,000 - $511,982

4 Beds
2.5 Baths
2,001 Sq Ft
$239/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $388,000 $194 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,143/month

8 Days on Market

Highlights

  • Deck
  • Attic
  • Property is near shops
  • East Lyme Middle School Rated A-
  • 1 Fireplace
  • Hot Water Circulator

About This Home

As of May 2024

THE NIANTIC LOCATION YOU HAVE BEEN WAITING FOR! This one owner home is being offered for the first time! Just minutes to downtown, Boardwalk,Beaches, Dining, Shopping and More! This 4 Bedroom,3 Bath Split level home with 2 car garage is nestled in a neighborhood of 2 cul-de-sacs which makes for a quiet setting with low traffic. EVERY room in this home is a generous size and has so much living space and more storage space than you'll ever need! The unique floorplan greets you as you enter with its full wall stone fireplace with warmth and design. There are 3 levels of living space and the basement is unfinished with workbench area & walkout to large flat back yard, ready to use as you choose. This home is waiting for you to bring back its luster as it will shine bright and worth the effort to be in this terrific town and neighborhood! Enjoy East Lymes award winning schools,convenience to area businesses such as Electric Boat, Dominion, Pfizer and more! This home is an estate and being sold AS-IS.

Last Agent to Sell the Property

Lisa Bernard

Coldwell Banker Realty License #RES.0792739 Listed on: 04/19/2024

Coldwell Banker Realty

Last Buyer's Agent

Ann Carpenter

RE/MAX on the Bay License #REB.0755917

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,336

Year Built

  • Built in 1972

Lot Details

  • 0.51 Acre Lot
  • Property is zoned R40

Home Design

  • Split Level Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry Siding

Interior Spaces

  • 2,001 Sq Ft Home
  • 1 Fireplace
  • Walkup Attic
  • Laundry on lower level

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Parking

  • 2 Car Garage
  • Parking Deck

Outdoor Features

  • Deck

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1469640

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,336

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Split Level
  • Sq Ft Est Heated Above Grade: 2001
  • Total Sq Ft: 2001
  • Year Built: 1972
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall
  • Remarks Public Addendum: Highest And Best Offers Due in by Wednesday 4/24 by 7PM
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS FRIENDLY
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2001
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Full, Full With Walk-Out
  • Appliances: Electric Cooktop, Wall Oven, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: Lower level in bathroom
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Aluminum, Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 0.51
  • Lot Description: Lightly Wooded Level Lot
  • Zoning: R40
  • Parcel #: 1469640

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6336
  • Total Assessed Value: 254660
  • Mil Rate Total: 24.88

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 31, 2024
Sold by
Towpasz Zenowia Est and Florie
Bought by
Lutzen Meghan and Lutzen Cody
Seller's Agent
Lisa Bernard
Coldwell Banker Realty
Buyer's Agent
Ann Carpenter
RE/MAX on the Bay
List Price
$359,900
Sold Price
$388,000
Premium/Discount to List
$28,100
7.81%
Views
180
Current Estimated Value
$465,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,571
Avg. Annual Appreciation
14.60%
Original Mortgage
$310,400
Outstanding Balance
$306,449
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$151,117

Purchase Details

Closed on
May 19, 1972
Bought by
Towpasz Zenowija
Source: Public Records

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
Lutzen Meghan $388,000 None Available
Lutzen Meghan $388,000 None Available
Towpasz Zenowija -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutzen Meghan $310,400
Closed Lutzen Meghan $310,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $388,000 +7.8% $194 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $359,900 -- $180 / 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 $7,133 $254,660 $91,840 $162,820
2024 $6,710 $254,660 $91,840 $162,820
2023 $6,336 $254,660 $91,840 $162,820
2022 $6,071 $254,660 $91,840 $162,820
2021 $5,420 $190,120 $91,840 $98,280
2020 $5,473 $192,990 $91,840 $101,150
2019 $5,440 $192,990 $91,840 $101,150
2018 $5,278 $192,990 $91,840 $101,150
2017 $5,049 $192,990 $91,840 $101,150
2016 $4,969 $195,930 $91,840 $104,090
2015 $4,841 $195,930 $91,840 $104,090
2014 $4,708 $195,930 $91,840 $104,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24005611

SmartMLS

APN: ELYM-002104-000002