NOT LISTED FOR SALE

18 Lake Ave Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $574,000 - $744,000

3 Beds
3 Baths
1,845 Sq Ft
$353/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $365,000 $198 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,983/month

196 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Finished Attic
  • East Lyme Middle School Rated A-
  • Covered Deck
  • Attic

About This Home

As of July 2018

Convenient location to quaint DOWNTOWN NIANTIC VILLAGE- walk to beach, boardwalk, shops, movie theater, & more! Loaded with character & charm! Inviting 3BR/3FB Colonial with wrap around porch and open floor plan. KT with vaulted ceiling and wood beams opens to dining room with slider to large rear deck and fenced yard. First floor Den/Office and Family Room or could be used as a bedroom. MBR with jet tub bath and walk-in closet. Finished third floor for additional living space.

Last Agent to Sell the Property

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 10/25/2017

RE/MAX on the Bay

Last Buyer's Agent

Paula Turley

CR Premier Properties License #REB.0794370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,604

Year Built

  • Built in 1875

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Property is zoned R10

Home Design

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

Interior Spaces

  • 1,845 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Entrance Foyer
  • Concrete Flooring
  • Finished Attic
  • Storm Doors
  • Unfinished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Parking Deck
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Covered Deck
  • Rain Gutters
  • Wrap Around Porch

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,604

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1845
  • Public Record Living Room Sq Ft: 1845
  • Total Sq Ft: 1845
  • Year Built: 1875
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4623
  • Directions: main ST to Lake Ave. - house on the left side- corner of Hope and Lake
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Finished, Heated
  • Basement Description: Unfinished, Concrete Floor
  • Interior Amenities: Cable - Available, Cable - Pre-wired, Open Floor Plan
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher
  • Additional Rooms: Foyer
  • Attic: Yes

Exterior Features

  • Exterior Features: Covered Deck, Deck, Gutters, Porch-Wrap Around, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.2400
  • Lot Description: Corner Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4604
  • Mil Rate Base: 26.160
  • Assessor Parcel Number: 1467059

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
Oct 25, 2017
Closed on
Jul 5, 2018
Sold by
York Scott and York Nancy
Bought by
Moher Mariko and Moher Jeffrey
Seller's Agent
Ann Carpenter
RE/MAX on the Bay
Buyer's Agent
Paula Turley
CR Premier Properties
List Price
$429,900
Sold Price
$365,000
Premium/Discount to List
-$64,900
-15.1%
Current Estimated Value
$651,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,403
Avg. Annual Appreciation
8.01%
Original Mortgage
$255,500
Outstanding Balance
$221,918
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$429,485

Purchase Details

Closed on
Nov 13, 1997
Sold by
Ivey Patricia
Bought by
Gunderman Nancy L and York Scott A

Purchase Details

Closed on
Apr 16, 1987
Sold by
Rogers Henry
Bought by
Bragdon Kenneth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moher Mariko $365,000 --
Gunderman Nancy L $70,000 --
Moher Mariko $365,000 --
Gunderman Nancy L $70,000 --
Bragdon Kenneth $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bragdon Kenneth $255,500
Closed Bragdon Kenneth $255,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $365,000 -3.9% $198 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
04/18/2018 04/18/18 Price Changed $379,900 -5.0% $206 / Sq Ft
02/23/2018 02/23/18 Price Changed $399,900 -2.2% $217 / Sq Ft
02/05/2018 02/05/18 Price Changed $409,000 -2.6% $222 / Sq Ft
11/09/2017 11/09/17 Price Changed $419,900 -2.3% $228 / Sq Ft
10/25/2017 10/25/17 For Sale $429,900 -- $233 / 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 $6,960 $248,500 $83,440 $165,060
2024 $6,341 $240,660 $83,440 $157,220
2023 $5,988 $240,660 $83,440 $157,220
2022 $5,737 $240,660 $83,440 $157,220
2021 $5,420 $190,120 $75,460 $114,660
2020 $5,392 $190,120 $75,460 $114,660
2019 $5,359 $190,120 $75,460 $114,660
2018 $5,184 $189,560 $75,460 $114,100
2017 $4,604 $175,980 $75,460 $100,520
2016 $4,271 $168,420 $71,540 $96,880
2015 $4,162 $168,420 $71,540 $96,880
2014 $4,047 $168,420 $71,540 $96,880
Source: Public Records

Agents Affiliated with this Home

  • Ann Carpenter

    Seller's Agent in 2018

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    16 in this area

    229 Total Sales

    Ann Carpenter
    Section Image
  • Paula Turley

    Buyer's Agent in 2018

    Paula Turley

    CR Premier Properties

    (860) 884-2631

    3 in this area

    131 Total Sales

    Paula Turley
    Section Image
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Map

Source: SmartMLS

MLS Number: 170027149

SmartMLS

APN: ELYM-001102-000142

Connecticut New London County Niantic 06357 Niantic

18 Lake Ave, Niantic, CT

Not Listed for Sale

Detached

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