NOT LISTED FOR SALE

Estimated Value: $321,000 - $411,000

3 Beds
1 Bath
1,180 Sq Ft
$311/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $170,500 $144 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,360/month

142 Days on Market

Highlights

  • Public Water Access
  • River Front
  • Hot Water Circulator
  • East Lyme Middle School Rated A-
  • Corner Lot
  • 1-minute walk to Pine Grove

About This Home

As of June 2018

Welcome to your summer escape in Smiths Cove. Located in the Pine Grove community, this home offers over 1,000 square feet with a fully updated kitchen with new cabinets, granite, and stainless steel. Fully updated bathroom and fresh paint throughout. Within walking distance of the beach, shops, restaurants, and close to I95. Make sure to schedule you showing today.

Last Agent to Sell the Property

Jonathan Gineo

Silver and Oak Realty License #REB.0790286 Listed on: 01/03/2018

Last Buyer's Agent

Michael Barnes

Silver and Oak Realty License #RES.0806057

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,509

Year Built

  • Built in 1905

Lot Details

  • 2,614 Sq Ft Lot
  • River Front
  • Corner Lot
  • Property is zoned R10

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,180 Sq Ft Home
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Public Water Access
  • Walking Distance to Water

Utilities

  • Hot Water Heating System
  • Hot Water Circulator

Community Details

  • Pine Grove Subdivision
  • Property managed by Pine Grove Niantic Associ

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,509

Year Built

Built in 1905

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Sq Ft Est Heated Above Grade: 1180
  • Public Record Living Room Sq Ft: 1180
  • Total Sq Ft: 1180
  • Year Built: 1905
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1284
  • Directions: Broadway - GPS Friendly (in Smiths Cove)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 2
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Partial With Hatchway
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Attic: No
  • Street Number Modifier: 17

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, Water Community, Association Required, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Hot Water
  • Water Source: Public Water Connected
  • Sewer: Public Sewer In Street, Septic

Condo/Co-op/Association

  • HOA Fees: 105
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Property Mgt Company Name: Pine Grove Niantic Associ

Schools

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

Lot Info

  • Acres: 0.0600
  • Lot Description: Corner Lot
  • Zoning: R10

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3509
  • Total Assessed Value: 134120
  • Mil Rate Base: 26.160
  • Mil Rate Total: 26.160
  • Assessor Parcel Number: 1468937

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Jun 13, 2018
Sold by
Mtglq Investors Lp
Bought by
Laban Carolyn
Seller's Agent
Jonathan Gineo
Silver and Oak Realty
Buyer's Agent
Michael Barnes
Silver and Oak Realty
List Price
$199,500
Sold Price
$170,500
Premium/Discount to List
-$29,000
-14.54%
Total Days on Market
142
Current Estimated Value
$366,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,027
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Apr 3, 2017
Sold by
Alessandrini Christine
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Jan 25, 2002
Sold by
Gillig Franklin G and Gillig Deborah A
Bought by
Alessandrini Russell L and Alessandrini Christine

Purchase Details

Closed on
Jan 29, 1988
Sold by
Hartmann John
Bought by
Gillig Franklin
Source: Public Records

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Range of Values:

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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
Laban Carolyn $170,500 --
Ditech Financial Llc -- --
Alessandrini Russell L $98,000 --
Laban Carolyn $170,500 --
Ditech Financial Llc -- --
Alessandrini Russell L $98,000 --
Gillig Franklin $127,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillig Franklin $65,500
Previous Owner Gillig Franklin $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold $170,500 -5.2% $144 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
04/18/2018 04/18/18 Price Changed $179,900 -5.3% $152 / Sq Ft
03/19/2018 03/19/18 Price Changed $189,900 -2.3% $161 / Sq Ft
02/09/2018 02/09/18 Price Changed $194,450 -2.5% $165 / Sq Ft
01/03/2018 01/03/18 For Sale $199,500 -- $169 / 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 $3,800 $144,200 $66,150 $78,050
2023 $3,588 $144,200 $66,150 $78,050
2022 $3,438 $144,200 $66,150 $78,050
2021 $3,983 $139,720 $84,490 $55,230
2020 $4,002 $141,120 $84,490 $56,630
2019 $3,978 $141,120 $84,490 $56,630
2018 $3,668 $134,120 $84,490 $49,630
2017 $3,509 $134,120 $84,490 $49,630
2016 $3,662 $144,410 $91,840 $52,570
2015 $3,568 $144,410 $91,840 $52,570
2014 $3,470 $144,410 $91,840 $52,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170041412

SmartMLS

APN: ELYM-001706-000124