NOT LISTED FOR SALE

20 Ledge Rd Niantic, CT 06357

Estimated Value: $698,458 - $875,000

2 Beds
2 Baths
1,224 Sq Ft
$641/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $650,000 $531 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,912/month

62 Days on Market

Highlights

  • Waterfront
  • Deck
  • No HOA
  • East Lyme Middle School Rated A-
  • Contemporary Architecture
  • Balcony

About This Home

As of July 2022

Water, water, everywhere. This stunning contemporary was completely custom built in 2004. A unique property with many amenities that include deep water mooring available deeded right of way to beach and dock, rooftop decking w/ a "Dumb Waiter", HVAC central air w/hydro heat, and outdoor hot/cold shower. This dazzling beauty offers 2 bedroom, 2 baths, and a versatile floorplan that you'll enjoy year round. Just a stroll across the street will lead you to a dock and beach. Enjoy panorama views from this fabulous contemporary....you'll feel like you're on vacation everyday!

Last Listed By

Janet McKenzie

William Raveis Real Estate License #RES.0452991 Listed on: 05/12/2022

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,116

Year Built

  • Built in 1961

Lot Details

  • 5,663 Sq Ft Lot
  • Waterfront
  • Level Lot
  • Property is zoned R10

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Frame Construction
  • Flat Tile Roof
  • Vinyl Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • Ceiling Fan
  • Water Views
  • Laundry on lower level
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,116

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Neighborhood: Saunder's Point
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 1224
  • Public Record Living Room Sq Ft: 763
  • Total Sq Ft: 1224
  • Year Built: 1961
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3284
  • Tax Year Updated Dt: 07/11/2022
  • Directions: Oswegatchie to Bishops Bay to Ledge Rd.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Fully Finished
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: Lower Level
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 20

Exterior Features

  • Exterior Features: Balcony, Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Slab
  • Roof Information: Flat
  • Waterfront Description: Dock or Mooring, Association Optional, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Baseboard, Hydro Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot, Sloping Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6116
  • Total Assessed Value: 256550
  • Mil Rate Base: 23.840
  • Mil Rate Total: 23.840
  • Assessor Parcel Number: 2146602

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
May 12, 2022
Closed on
Jul 13, 2022
Sold by
Bayreuther Carol J and Bayreuther Leigh C
Bought by
Schwalenberg Chester and Schwalenberg Joyce L
Seller's Agent
Janet McKenzie
William Raveis Real Estate
Buyer's Agent
Frank Balisciano
Coldwell Banker Realty
List Price
$650,000
Sold Price
$650,000
Total Days on Market
62
Current Estimated Value
$784,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,365
Avg. Annual Appreciation
6.92%
Original Mortgage
$520,000
Outstanding Balance
$500,640
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$283,725

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
Schwalenberg Chester $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwalenberg Chester $520,000
Previous Owner Reuther Carol J Bay $199,563
Previous Owner Reuther Carol J Bay $529,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Pending -- -- --
07/13/2022 07/13/22 Sold $650,000 0.0% $531 / Sq Ft
05/12/2022 05/12/22 For Sale $650,000 -- $531 / 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 $6,760 $256,550 $142,590 $113,960
2023 $6,383 $256,550 $142,590 $113,960
2022 $6,116 $256,550 $142,590 $113,960
2021 $6,566 $230,300 $136,150 $94,150
2020 $6,531 $230,300 $136,150 $94,150
2019 $6,492 $230,300 $136,150 $94,150
2018 $6,299 $230,300 $136,150 $94,150
2017 $6,025 $230,300 $136,150 $94,150
2016 $6,561 $258,720 $168,560 $90,160
2015 $6,393 $258,720 $168,560 $90,160
2014 $6,217 $258,720 $168,560 $90,160
Source: Public Records

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Source: SmartMLS

MLS Number: 170482589

SmartMLS

APN: ELYM-022010-000014