NOT LISTED FOR SALE

16 Spring Glen Rd East Lyme, CT 06357

Estimated Value: $415,000 - $604,000

0.18 Acre
$2,688,122 Price per Acre
7,841 Sq Ft Lot

Last Sold August 07, 2020

Last sale price $72,500

Est. 567% increase in value since last sale

Current estimated payment $3,215/month

21 Days on Market

Highlights

  • Beach Front
  • Walking Distance to Water
  • 4-minute walk to Giants Neck Heights Playground
  • East Lyme Middle School Rated A-
  • Many Trees

About This Lot

As of August 2020

Come build on Lot #16 Spring Glen Road and live year-round in the beach community at Giants Neck - be part of the Giants Neck Heights Association!! Look how close this lot is to the beach. Both water and sewer assessments have been paid. The water connection has been paid as well. With an annual association fee (currently ($115.55) and an annual parking pass fee (currently $10), the homeowner will have access to a parking lot, private beach, boat launch, playground, club house and even movies on the beach. What an opportunity to build your beach home-- located so close to the beach and to downtown Niantic Village!!!

Last Listed By

Annie Dillon

William Raveis Real Estate License #RES.0756750 Listed on: 06/15/2020

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,023

Year Built

  • 2021

Lot Details

  • 7,841 Sq Ft Lot
  • Beach Front
  • Many Trees
  • Property is zoned R10

HOA Fees

  • $10 Monthly HOA Fees

Utilities

  • Phone Available
  • Cable TV Available

Community Details

Overview

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

Recreation

  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$2,023

Year Built

2021

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Neighborhood: Giants Neck
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Basketball Court, Park
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Exit 72 to CT156, right on Giants Neck Rd, left onto Dell Ln, right onto Edge Hill Rd, left onto Parkview Dr and right onto Spring Glen Rd.
  • Special Features: None
  • Year Built (Public Record): 2021

Interior Features

  • Street Number Modifier: 16

Exterior Features

  • Waterfront Description: Association Required, Beach, Beach Rights, Walk to Water
  • Road Frontage Description: Municipal Street, Paved Road
  • Road Frontage Approximate: 74

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No
  • Sewer Assess Description: Water and Sewer assessment both paid. Water connection paid.

Condo/Co-op/Association

  • Association Fee Includes: Club House, 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: 0.1800
  • Lot Description: In Subdivision, Dry, Treed
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2023
  • Total Assessed Value: 71330
  • Mil Rate Base: 28.360
  • Mil Rate Total: 28.360
  • Assessor Parcel Number: 1465470

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

Listed on
Jun 15, 2020
Closed on
Jul 30, 2020
Sold by
Zajac Steven
Bought by
Nowell Karen and Nowell James
Seller's Agent
Annie Dillon
William Raveis Real Estate
Buyer's Agent
Annie Dillon
William Raveis Real Estate
List Price
$74,999
Sold Price
$72,500
Premium/Discount to List
-$2,499
-3.33%
Total Days on Market
21
Current Estimated Value
$483,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,362
Avg. Annual Appreciation
48.38%

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
Nowell Karen $72,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowell James $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $72,500 -3.3% --
07/06/2020 07/06/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $74,999 -- --
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 $5,960 $226,170 $78,820 $147,350
2023 $5,338 $214,550 $78,820 $135,730
2022 $5,115 $214,550 $78,820 $135,730
2021 $2,034 $71,330 $71,330 $0
2020 $2,023 $71,330 $71,330 $0
2019 $2,011 $71,330 $71,330 $0
2018 $1,951 $71,330 $71,330 $0
2017 $1,866 $71,330 $71,330 $0
2016 $1,713 $67,550 $67,550 $0
2015 $1,669 $67,550 $67,550 $0
2014 $1,623 $67,550 $67,550 $0
Source: Public Records

Agents Affiliated with this Home

  • Annie Dillon

    Seller's Agent in 2020

    Annie Dillon

    William Raveis Real Estate

    (860) 729-2998

    1 in this area

    248 Total Sales

    Annie Dillon
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Map

Source: SmartMLS

MLS Number: 170305463

SmartMLS

APN: ELYM-000406-000039

Connecticut New London County East Lyme 06357

16 Spring Glen Rd, East Lyme, CT

Homes for Sale in East Lyme, CT

This home is located at 16 Spring Glen Rd, East Lyme, CT 06357 since 15 June 2020 and is currently estimated at $483,862. This property was built in 2021. 16 Spring Glen Rd 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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