NOT LISTED FOR SALE

Estimated Value: $416,000 - $562,000

2 Beds
2 Baths
1,444 Sq Ft
$328/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $246,500 $171 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,005/month

110 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wood Burning Stove
  • East Lyme Middle School Rated A-
  • Colonial Architecture
  • Property is near public transit

About This Home

As of July 2020

Enjoy stunning views of Niantic Bay every day! This 1880 colonial offers all the charm of yesteryear, but has been beautifully updated and lovingly maintained. Spacious open floor plan with hardwood and tile floors throughout. Light and bright with spectacular water views! Cathedral ceilings and exposed beams on upper level. Private, fully fenced backyard with paved patio and lovely shed - perfect as an office, entertainment space or just additional storage. Off street parking. Leave your car at home and walk to the boardwalk, beaches, restaurants, movies, shops, marinas, town green, ice cream and more! Don't miss this opportunity!

Last Agent to Sell the Property

Minna Reid

Reid Real Estate Group License #REB.0789472 Listed on: 03/10/2020

Last Buyer's Agent

Ferdinand Giacinto

RE/MAX on the Bay License #RES.0257400

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,361

Year Built

  • Built in 1880

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront
  • Corner Lot
  • Level Lot
  • Property is zoned R10

Home Design

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

Interior Spaces

  • 1,444 Sq Ft Home
  • Open Floorplan
  • Wood Burning Stove
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,361

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1444
  • Public Record Living Room Sq Ft: 1444
  • Total Sq Ft: 1444
  • Year Built: 1880
  • Nearby Amenities: Commuter Bus, Walk to Bus Lines
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1805
  • Directions: Main Street between Stuarts Music and Norton's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full
  • Interior Amenities: Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 181

Exterior Features

  • Exterior Features: Gutters, Patio, Shed, Sidewalk
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Gravel

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Heat Pump, Wood/Coal Stove
  • Heat Fuel Type: Electric, Oil, Wood
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.0700
  • Lot Description: Water View, Corner Lot, Level Lot
  • Zoning: R10

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4361
  • Total Assessed Value: 154700
  • Mil Rate Base: 28.190
  • Mil Rate Total: 28.190
  • Assessor Parcel Number: 1467665

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
Mar 10, 2020
Closed on
Jul 2, 2020
Sold by
Sue Jessica
Bought by
Violante Frances
Seller's Agent
Minna Reid
Reid Real Estate Group
Buyer's Agent
Ferdinand Giacinto
RE/MAX on the Bay
List Price
$279,000
Sold Price
$246,500
Premium/Discount to List
-$32,500
-11.65%
Total Days on Market
110
Current Estimated Value
$474,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,513
Avg. Annual Appreciation
13.97%

Purchase Details

Closed on
Jul 20, 2016
Sold by
Lake John M and Lake Haleemah N
Bought by
Sue Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,789
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2007
Sold by
Newton Richard and Newton Ruth
Bought by
Lake John and Lake Haleemah
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
Violante Frances $246,500 None Available
Sue Jessica L $281,500 --
Lake John $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake John $345,000
Previous Owner Lake John $290,789
Previous Owner Lake John $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $246,500 -3.3% $171 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
04/13/2020 04/13/20 Price Changed $255,000 -3.8% $177 / Sq Ft
03/31/2020 03/31/20 Price Changed $265,000 -5.0% $184 / Sq Ft
03/10/2020 03/10/20 For Sale $279,000 -- $193 / 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 $4,482 $170,100 $83,650 $86,450
2023 $4,232 $170,100 $83,650 $86,450
2022 $4,055 $170,100 $83,650 $86,450
2021 $4,522 $158,620 $96,530 $62,090
2020 $4,387 $154,700 $96,530 $58,170
2019 $4,361 $154,700 $96,530 $58,170
2018 $4,231 $154,700 $96,530 $58,170
2017 $4,047 $154,700 $96,530 $58,170
2016 $3,226 $127,190 $76,510 $50,680
2015 $3,143 $127,190 $76,510 $50,680
2014 $3,043 $126,630 $76,510 $50,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170279993

SmartMLS

APN: ELYM-001201-000080