NOT LISTED FOR SALE

20 Bishops Bay Rd East Lyme, CT 06357

Estimated Value: $1,567,000 - $1,718,000

2 Beds
3 Baths
2,952 Sq Ft
$559/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $1,050,000 $356 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $10,669/month

84 Days on Market

Highlights

  • River Front
  • Open Floorplan
  • ENERGY STAR Certified Homes
  • East Lyme Middle School Rated A-
  • Colonial Architecture
  • Attic

About This Home

As of June 2020

WATERFRONT - NIANTIC - SAUNDERS POINT - Totally rebuilt from the ground up in 2013 - Come take a look at this stunning, furnished home! Dramatic water views looking down Niantic River with 100 ft of sandy beach and newer private dock all within a few steps. Fantastic open floor plan with water views from every room! Kitchen loaded with cabinets, high-end appliances, eat at center island and granite counters. Dining room is open to kitchen, living room with fireplace leads to the sun room. First floor office with Murphy Bed with built-in bookcases. Fantastic master bedroom with 2 walk-in closets and huge master bath with tub and giant walk-in shower. 2 drive ways with parking for up to 10 vehicles and also a 2-car garage and loads of additional storage. Plus, house was built 15 ft above sea level. Enjoy life on the water but conveniently located- direct boating access to Long Island Sound, I-95 & 395, downtown Niantic, the boardwalk & more- all within minutes!

Last Agent to Sell the Property

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 03/30/2020

RE/MAX on the Bay

Co-Listed By

Mary Poola

William Raveis Real Estate License #REB.0755915

Last Buyer's Agent

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 03/30/2020

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,007

Year Built

  • Built in 2013

Lot Details

  • 7,841 Sq Ft Lot
  • River Front
  • Stone Wall
  • Level Lot
  • Property is zoned R10

HOA Fees

  • $13 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,952 Sq Ft Home
  • Open Floorplan
  • Sound System
  • 1 Fireplace
  • Thermal Windows
  • Awning
  • French Doors
  • Entrance Foyer
  • Water Views
  • Basement Storage
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Automatic Garage Door Opener
  • Driveway

Eco-Friendly Details

  • ENERGY STAR Certified Homes

Outdoor Features

  • Balcony
  • Covered Deck
  • Patio
  • Shed
  • Porch

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Programmable Thermostat
  • Power Generator
  • Tankless Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include lake/beach access
  • Saunders Point Subdivision
  • Property managed by Saunders Point

Recreation

  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,007

Year Built

Built in 2013

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Colonial, Contemporary
  • Sq Ft Est Heated Above Grade: 2952
  • Public Record Living Room Sq Ft: 2952
  • Total Sq Ft: 2952
  • Year Built: 2013
  • Nearby Amenities: Basketball Court, Bocci Court, Golf Course, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3528
  • Directions: Route 161 to Oswegatchie Hills Rd to Bishops Bay Rd.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Storage
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Available, Cable - Pre-wired, Open Floor Plan, Security System
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: Second Floor
  • Attic: Yes
  • Street Number Modifier: 20

Exterior Features

  • Exterior Features: Awnings, Balcony, Covered Deck, French Doors, Patio, Porch, Shed, Sidewalk, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Frontage, River, Dock or Mooring, Association Optional
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 150
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Mgt Company Name: Saunders Point

Schools

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

Green Features

  • Energy Features: Energy Star Rated, Generator, Programmable Thermostat, Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.1800
  • Lot Description: In Subdivision, In Flood Zone, Water View, Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: R10

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 15007
  • Total Assessed Value: 532350
  • Mil Rate Base: 28.190
  • Mil Rate Total: 28.190
  • Assessor Parcel Number: 2146613

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
Mar 30, 2020
Closed on
Jun 25, 2020
Sold by
Lahey James and Lahey Anita
Bought by
Lajoie Lynnae and Lajoie Douglas
Seller's Agent
Ann Carpenter
RE/MAX on the Bay
Buyer's Agent
Ann Carpenter
RE/MAX on the Bay
List Price
$1,195,000
Sold Price
$1,050,000
Premium/Discount to List
-$145,000
-12.13%
Current Estimated Value
$1,650,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,313
Avg. Annual Appreciation
9.14%
Original Mortgage
$450,000
Outstanding Balance
$400,648
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,249,665

Purchase Details

Closed on
Oct 24, 2003
Sold by
Meskill William and Meskill Helen
Bought by
Lahey James and Lahey Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Lajoie Lynnae $1,050,000 None Available
Lajoie Lynnae $1,050,000 None Available
Lahey James $580,000 --
Lahey James $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lajoie Lynnae $450,000
Closed Lajoie Lynnae $450,000
Previous Owner Lahey James $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $1,050,000 -12.1% $356 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $1,195,000 -- $405 / 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 $20,166 $719,950 $390,950 $329,000
2024 $18,731 $710,850 $390,950 $319,900
2023 $17,686 $710,850 $390,950 $319,900
2022 $16,947 $710,850 $390,950 $319,900
2021 $15,177 $532,350 $298,550 $233,800
2020 $15,097 $532,350 $298,550 $233,800
2019 $15,007 $532,350 $298,550 $233,800
2018 $14,560 $532,350 $298,550 $233,800
2017 $13,926 $532,350 $298,550 $233,800
2016 $15,313 $603,820 $369,600 $234,220
2015 $14,920 $603,820 $369,600 $234,220
2014 $11,204 $466,270 $369,600 $96,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170285386

SmartMLS

APN: ELYM-022010-000025