NOT LISTED FOR SALE

21 Penncove Rd Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $438,000 - $574,000

3 Beds
2 Baths
1,482 Sq Ft
$338/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $385,000 $260 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,285/month

2 Days on Market

Highlights

  • Beach Access
  • 0.47 Acre Lot
  • Attic
  • East Lyme Middle School Rated A-
  • Ranch Style House
  • 1 Fireplace

About This Home

As of July 2022

Quaint Ranch style home offering one-floor living just a stroll away (complete with sidewalks) from downtown Niantic, beaches & boardwalk! Home offers hardwood flooring, updated kitchen w/granite, primary bedroom w/full bath and an oversized one-car attached garage. Porch entry to a family room w/fire place, open to kitchen and with access to large, level, private back yard! Living room is surprisingly spacious. Home is in lovely condition with new boiler 2021, new roof 2017 and upgrade to 200 amp electrical service. Quiet cul-de-sac neighborhood. Come see !!

Last Agent to Sell the Property

Beverly Nebelung

Berkshire Hathaway NE Prop. License #RES.0771919 Listed on: 06/13/2022

Berkshire Hathaway NE Prop.

Last Buyer's Agent

BJ Lee

William Raveis Real Estate License #REB.0758471

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,320

Year Built

  • Built in 1968

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Open Lot
  • Property is zoned R10

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,482 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Patio
  • Rain Gutters
  • Porch

Schools

  • Niantic Center Elementary School
  • East Lyme High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,320

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1482
  • Public Record Living Room Sq Ft: 1482
  • Total Sq Ft: 1482
  • Year Built: 1968
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2856
  • Tax Year Updated Dt: 07/11/2022
  • Directions: Route 161 (Pennsylvania Ave.) to Penncove Rd. (across the street from Community Church)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Crawl Space, Storage Space
  • Basement Description: Partial With Hatchway
  • Appliances: Electric Cooktop, Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 21

Exterior Features

  • Exterior Features: Gutters, Patio, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Niantic Center
  • High School: East Lyme

Lot Info

  • Acres: 0.4700
  • Lot Description: On Cul-De-Sac, Open Lot, Level Lot, Fence - Wood
  • Zoning: R10

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5320
  • Total Assessed Value: 223160
  • Mil Rate Base: 23.840
  • Mil Rate Total: 23.840
  • Assessor Parcel Number: 1468473

MLS Schools

  • Elementary School: Niantic Center
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jul 18, 2022
Sold by
Phinney William J
Bought by
Mcarthur Laurel and Mcarthut Charles R
Seller's Agent
Beverly Nebelung
Berkshire Hathaway NE Prop.
Buyer's Agent
BJ Lee
William Raveis Real Estate
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Current Estimated Value
$501,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,618
Avg. Annual Appreciation
7.92%
Original Mortgage
$365,750
Outstanding Balance
$350,970
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,038

Purchase Details

Closed on
Jul 2, 2002
Sold by
Macauly Grace E
Bought by
Phinney William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
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
Mcarthur Laurel $385,000 None Available
Mcarthur Laurel $385,000 None Available
Phinney William J $175,000 --
Phinney William J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcarthur Laurel $365,750
Closed Mcarthur Laurel $365,750
Previous Owner Phinney William J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $385,000 +2.7% $260 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $375,000 0.0% $253 / Sq Ft
09/01/2020 09/01/20 Rented $1,800 0.0% --
08/13/2020 08/13/20 Under Contract -- -- --
08/12/2020 08/12/20 For Rent $1,800 +5.9% --
11/30/2017 11/30/17 Rented $1,700 0.0% --
11/20/2017 11/20/17 Under Contract -- -- --
11/16/2017 11/16/17 Price Changed $1,700 -2.9% $1 / Sq Ft
10/16/2017 10/16/17 For Rent $1,750 +16.7% --
05/16/2012 05/16/12 Rented $1,500 0.0% --
04/18/2012 04/18/12 Under Contract -- -- --
04/11/2012 04/11/12 For Rent $1,500 -- --
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 $5,880 $223,160 $108,360 $114,800
2023 $5,552 $223,160 $108,360 $114,800
2022 $5,320 $223,160 $108,360 $114,800
2021 $4,446 $155,960 $84,280 $71,680
2020 $4,423 $155,960 $84,280 $71,680
2019 $4,397 $155,960 $84,280 $71,680
2018 $4,266 $155,960 $84,280 $71,680
2017 $4,080 $155,960 $84,280 $71,680
2016 $3,957 $156,030 $84,280 $71,750
2015 $3,856 $156,030 $84,280 $71,750
2014 $3,749 $156,030 $84,280 $71,750
Source: Public Records

Agents Affiliated with this Home

  • Beverly Nebelung

    Seller's Agent in 2022

    Beverly Nebelung

    Berkshire Hathaway Home Services

    (860) 625-5034

    7 in this area

    54 Total Sales

    Beverly Nebelung
    Section Image
  • BJ Lee

    Buyer's Agent in 2022

    BJ Lee

    William Raveis Real Estate

    (860) 213-2853

    1 in this area

    155 Total Sales

    BJ Lee
    Section Image

  • N

    Buyer's Agent in 2020

    Nancy McAndrew

    Compass Connecticut, LLC

    (860) 884-5943

    36 Total Sales

    Nancy McAndrew
    Section Image
  • Marianne Malerba

    Seller's Agent in 2012

    Marianne Malerba

    eXp Realty

    (860) 608-9661

    101 Total Sales

    Marianne Malerba
    Section Image
  • Joseph Malerba

    Buyer's Agent in 2012

    Joseph Malerba

    eXp Realty

    (860) 912-7315

    1 in this area

    245 Total Sales

    Joseph Malerba
    Section Image
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Map

Source: SmartMLS

MLS Number: 170497862

SmartMLS

APN: ELYM-001701-000031

Connecticut New London County Niantic 06357 Niantic

21 Penncove Rd, Niantic, CT

This home is located at 21 Penncove Rd, Niantic, CT 06357 since 13 June 2022 and is currently estimated at $501,618, approximately $338 per square foot. This property was built in 1968. 21 Penncove Rd is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and The Light House Voc-Ed Center.

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