NOT LISTED FOR SALE

179 Flanders Rd Niantic, CT 06357

1.63 Acres
-- Price per Acre
71,003 Sq Ft Lot

Last Sold May 24, 2013

Last sale price $290,000 $215 Per Sq Ft

1,175 Days on Market

About This Lot

As of May 2013

Great commercial opportunity in a high traffic count location. Preliminary plans have been completed for a 1st floor 3,500 sq ft commercial space and 4-residential apartments above. Great location for professional office or retail center.
Full set of plans are avaiable.

Last Listed By

Michael Franklin

William Raveis Real Estate License #RES.0776611 Listed on: 07/05/2009

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,742

Year Built

  • 1930

Lot Details

  • 1.63 Acre Lot
  • Property fronts a state road
  • Property is zoned Commercial

Utilities

  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$2,742

Year Built

1930

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Commercial Land
  • Easements Right Of Way: Dentention easement
  • Direct Waterfront: No
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Interior Amenities: Cable - Available
  • Attic: No
  • Street Number Modifier: 179

Exterior Features

  • Road Frontage Description: Paved Road, State Road
  • Road Frontage Approximate: 275

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street

Schools

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

Lot Info

  • Acres: 1.6300
  • Development Status: Site Plan
  • Zoning: Commercial

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 2742
  • Total Assessed Value: 120400
  • Assessor Parcel Number: 1470268

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2005
Sold by
Mystic Shoreline Inv L
Bought by
Eden Llc
Total Days on Market
1175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2003
Sold by
Clark Marjorie
Bought by
Mystic Shoreline Inv L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.01%
Mortgage Type
Commercial

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
Eden Llc $200,000 --
Mystic Shoreline Inv L $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mystic Shoreline Inv L $30,000
Previous Owner Mystic Shoreline Inv L $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2013 05/24/13 Sold $290,000 -30.8% $215 / Sq Ft
09/22/2012 09/22/12 Pending -- -- --
07/05/2009 07/05/09 For Sale $419,000 -- $311 / 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 $39,941 $1,515,780 $284,620 $1,231,160
2023 $37,713 $1,515,780 $284,620 $1,231,160
2022 $36,136 $1,515,780 $284,620 $1,231,160
2021 $32,690 $1,146,600 $213,780 $932,820
2020 $32,788 $1,156,120 $213,780 $942,340
2019 $32,591 $1,156,120 $213,780 $942,340
2018 $31,620 $1,156,120 $213,780 $942,340
2017 $28,309 $1,082,130 $213,780 $868,350
2016 $23,781 $937,720 $172,200 $765,520
2015 $17,716 $716,940 $172,200 $544,740
2014 $18,035 $750,540 $172,200 $578,340
Source: Public Records

Agents Affiliated with this Home

  • Michael Franklin

    Seller's Agent in 2013

    Michael Franklin

    William Raveis Real Estate

    (860) 460-8144

    7 Total Sales

    Michael Franklin
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Map

Source: SmartMLS

MLS Number: M9117531

SmartMLS

APN: ELYM-002603-000046

Connecticut New London County Niantic 06357

179 Flanders Rd, Niantic, CT

Homes for Sale in Niantic, CT

This home is located at 179 Flanders Rd, Niantic, CT 06357 since 05 July 2009. This property was built in 1930. 179 Flanders Rd is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and Carelot Children's Center - East Lyme.

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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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