NOT LISTED FOR SALE

Estimated Value: $248,000 - $387,000

2 Beds
1 Bath
902 Sq Ft
$357/Sq Ft Est. Value

Highlights

  • Baseboard Heating
  • East Lyme Middle School Rated A-
  • 2-minute walk to Pine Grove

About This Home

As of December 2023

Come and see this great rental opportunity in Niantic! Located in the Pine Grove neighborhood. With private association river/beach access. Close town beaches and the quaint Main St area that offers shops and dinning. The perfect house if you don't want too much house to clean! Off street parking with additional public association parking for guests.

Last Agent to Rent the Property

Heidi Pafumi

Coldwell Banker Realty License #RES.0811586 Listed on: 10/10/2023

Coldwell Banker Realty

Last Renter's Agent

Ann Petrizzi

RE/MAX on the Bay License #RES.0803709

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,557

Year Built

  • Built in 1947

Lot Details

  • 1,307 Sq Ft Lot
  • Property is zoned R10

Home Design

  • Vinyl Siding

Interior Spaces

  • 902 Sq Ft Home
  • Partial Basement
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Association fees include lake/beach access

Listing and Financial Details

  • Assessor Parcel Number 1468918

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,557

Year Built

Built in 1947

Lot Details

0

Rental Info

  • Pets Allowed Info: approved case by case
  • Lease Price Description: Per Month
  • Pets Allowed: Restrictions
  • Rental Duration: Yearly Unfurnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: Pine Grove
  • Property Type: Residential Rental
  • Style: Other
  • Sq Ft Est Heated Above Grade: 902
  • Total Sq Ft: 902
  • Year Built: 1947
  • New Construction: No/Resale
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 952
  • Directions: pine grove
  • Financing Used: Other
  • Living Area Sq Ft Per Public Record: 902
  • Street Type: Street
  • Tenant Responsibility: All Utilities Cable TV Credit Check Electricity Exterior Maintenance Heat Hot Water Liability Insurance Snow Removal
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Partial
  • Appliances: Electric Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 20

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Beach Beach Rights Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage And Parking: Unpaved, Parking Lot

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access

Schools

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

Lot Info

  • Acres: 0.03
  • Zoning: R10
  • Parcel #: 1468918

Multi Family

  • Total Number Of Units: 1

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
Aug 15, 2022
Sold by
Shamash Rahim and Shamash Sherry R
Bought by
Chark Llc
Current Estimated Value
$321,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$152,709
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$169,133

Purchase Details

Closed on
Aug 7, 1987
Sold by
Gillman Edward
Bought by
Shamash Rahim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
10.37%
Source: Public Records

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
Chark Llc $200,000 None Available
Shamash Rahim $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chark Llc $160,000
Previous Owner Shamash Rahim $101,500
Previous Owner Shamash Rahim $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Rented $1,500 0.0% --
11/15/2023 11/15/23 Under Contract -- -- --
10/27/2023 10/27/23 Price Changed $1,500 -16.7% $2 / Sq Ft
10/10/2023 10/10/23 For Rent $1,800 -- --
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 $3,557 $126,980 $65,870 $61,110
2024 $3,346 $126,980 $65,870 $61,110
2023 $3,051 $122,640 $65,870 $56,770
2022 $2,924 $122,640 $65,870 $56,770
2021 $3,558 $124,810 $84,210 $40,600
2020 $3,540 $124,810 $84,210 $40,600
2019 $3,518 $124,810 $84,210 $40,600
2018 $3,414 $124,810 $84,210 $40,600
2017 $3,265 $124,810 $84,210 $40,600
2016 $3,410 $134,470 $91,490 $42,980
2015 $3,323 $134,470 $91,490 $42,980
2014 $3,231 $134,470 $91,490 $42,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170603470

SmartMLS

APN: ELYM-001706-000105