NOT LISTED FOR SALE

16 Town Rd Niantic, CT 06357

Estimated Value: $931,612 - $1,141,000

4 Beds
2.5 Baths
3,342 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $550,000 $165 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,515/month

120 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Attic
  • East Lyme Middle School Rated A-
  • Colonial Architecture
  • Mud Room

About This Home

As of January 2020

Welcome to the heart of Saunders Point! This upgraded 4 bedroom 3000 square foot colonial boasts many wonderful features including an eat-in kitchen with granite countertops and SS appliances, a dining area open to the kitchen with hardwood floors and a gas fireplace. This home was a featured cottage remodel in The Day newspaper in 2007. Enjoy the views of the Niantic River from many of the windows especially the 4 season sunroom with french doors. The Master Bedroom Suite with balcony overlooking the river, full bath with gorgeous open concept tile shower, garden tub and double sinks will make you say WOW! The energy efficient propane fired Buderus heating system and indirect hot water heater keep the utility costs low.

Saunders Point is located on the Niantic River, nestled between Smith Cove and Niantic Bay with access to Long Island Sound. Saunders Point offers its residents a charming New England water front community, where generations of property owners come together and create memories that will last a lifetime. The Oswegatchie Hills Club is a neighborhood social club for residents of ‘The Point’ and offers its members the use of clay tennis courts, a basketball court, a beach with swim raft, 6 hole golf course, playscape and more.

Last Agent to Sell the Property

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 08/30/2019

RE/MAX on the Bay

Last Buyer's Agent

Patrick Papuga

CENTURY 21 Shutters & Sails License #RES.0760171

CENTURY 21 Shutters & Sails

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,829

Year Built

  • Built in 1918

Lot Details

  • 0.4 Acre Lot
  • Waterfront
  • Level Lot
  • Cleared Lot
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Mud Room
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Gas Range
  • Microwave
  • Wine Cooler
  • Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Patio
  • Porch

Location

  • Property is near a golf course

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Hydro-Air Heating System
  • Heating System Uses Propane
  • Programmable Thermostat
  • Propane Water Heater
  • Fuel Tank Located in Garage

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,829

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2946
  • Public Record Living Room Sq Ft: 2946
  • Sq Ft Est Heated Below Grade: 396
  • Total Sq Ft: 3342
  • Year Built: 1918
  • Nearby Amenities: Basketball Court, Golf Course, Library, Playground/Tot Lot, Putting Green, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4871
  • Directions: Pennsylvania Ave to Oswegatchie Hills Rd. Turn right onto Town Rd, property is on the corner of Town Rd and N. Pine St.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway, Partially Finished
  • Interior Amenities: Open Floor Plan
  • Appliances: Gas Range, Microwave, Refrigerator, Compactor, Washer, Dryer, Wine Chiller
  • Additional Rooms: Mud Room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Balcony, Patio, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Garage
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Fireplace Insert, Programmable Thermostat, Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.4000
  • Lot Description: Cleared, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 8829
  • Total Assessed Value: 313180
  • Mil Rate Base: 28.190
  • Mil Rate Total: 28.190
  • Assessor Parcel Number: 2146625

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
Aug 30, 2019
Closed on
Jan 17, 2020
Sold by
Wild Katherine
Bought by
Mcgunnigle John and Mcgunnigle Tammi
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
Patrick Papuga
CENTURY 21 Shutters & Sails
List Price
$579,900
Sold Price
$550,000
Premium/Discount to List
-$29,900
-5.16%
Current Estimated Value
$1,027,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,153
Avg. Annual Appreciation
11.98%
Original Mortgage
$531,121
Outstanding Balance
$472,269
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$565,294

Purchase Details

Closed on
Apr 4, 2003
Sold by
Spurr Richard N
Bought by
Oreilly-Wild Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mcgunnigle John $550,000 None Available
Mcgunnigle John $550,000 None Available
Oreilly-Wild Kathleen $380,000 --
Oreilly-Wild Kathleen $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgunnigle John $531,121
Closed Mcgunnigle John $531,121
Previous Owner Spurr Richard N $50,000
Previous Owner Spurr Richard N $440,000
Previous Owner Spurr Richard N $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $550,000 -1.8% $165 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
10/06/2019 10/06/19 Price Changed $559,900 -3.4% $168 / Sq Ft
08/30/2019 08/30/19 For Sale $579,900 -- $174 / 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 $11,015 $393,260 $131,880 $261,380
2024 $10,362 $393,260 $131,880 $261,380
2023 $9,784 $393,260 $131,880 $261,380
2022 $9,375 $393,260 $131,880 $261,380
2021 $8,929 $313,180 $125,860 $187,320
2020 $8,882 $313,180 $125,860 $187,320
2019 $5,697 $313,180 $125,860 $187,320
2018 $8,565 $313,180 $125,860 $187,320
2017 $8,193 $313,180 $125,860 $187,320
2016 $8,842 $348,670 $155,890 $192,780
2015 $8,616 $348,670 $155,890 $192,780
2014 $8,379 $348,670 $155,890 $192,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170230390

SmartMLS

APN: ELYM-022014-000051