NOT LISTED FOR SALE

Estimated Value: $443,000 - $480,856

4 Beds
1 Bath
1,245 Sq Ft
$369/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $246,000 $198 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,827/month

10 Days on Market

Highlights

  • Waterfront
  • Cape Cod Architecture
  • Shed
  • East Lyme Middle School Rated A-
  • No HOA

About This Home

As of October 2018

The second you step into this house, you will feel at HOME. Meticulously maintained Cape in the heart of Niantic. Short walk to water and near by amenities, including Main St and Downtown Niantic. This home is tastefully updated and has newer appliances, windows and doors. Kitchen and dining room consist of a strong Faus flooring. Living room and main level bedrooms consist of hardwood floors. Enjoy your meals at the uniquely hand crafted breakfast bar, or in the attached dining room. Recessed lighting and a large bay window brighten up the main level. There are two bedrooms on the main level and 2 bedrooms upstairs. The two large bedrooms upstairs have gorgeous built-ins. Finished lower level has a new 3-step walk-out bulk head and an additional room off of the living area. . The yard is beautifully manicured and has two fenced in areas in the back. Included is a 20 ft Cover-It garage built on a wooden foundation, and a bonus 8x10 shed. Outside also has 2 electric sockets under eaves, for outdoor lighting made easy. From top to bottom, this home is truly full of character and charm.

Last Agent to Sell the Property

Angela Bergstrom

Berkshire Hathaway NE Prop. License #RES.0802347 Listed on: 08/10/2018

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Thomas Sheldon

Signature Properties of NewEng License #RES.0759468

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • Waterfront
  • Property is zoned R40

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 1,245 Sq Ft Home
  • Water Views

Kitchen

  • Gas Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,569

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Neighborhood: Black Point
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1245
  • Public Record Living Room Sq Ft: 1245
  • Total Sq Ft: 1245
  • Year Built: 1953
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2474
  • Directions: Rt 156 to Black Point Rd, Right onto McElaney Dr
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Crawl Space, Storage Space
  • Basement Description: Full With Walk-Out
  • Appliances: Gas Range, Refrigerator, Icemaker, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Shed
  • Exterior Siding: Shake, Cedar
  • Foundation Type: Concrete
  • Roof Information: Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved
  • Driveway Type: Paved, Gravel

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1700
  • Lot Description: Water View, Fence - Full
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R40

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 3569
  • Mil Rate Base: 26.160
  • Assessor Parcel Number: 1467475

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
Aug 10, 2018
Closed on
Oct 1, 2018
Sold by
Arsenault Alan and Arsenault Judith
Bought by
Sears Karen
Seller's Agent
Angela Bergstrom
Berkshire Hathaway NE Prop.
Buyer's Agent
Thomas Sheldon
Signature Properties of NewEng
List Price
$245,000
Sold Price
$246,000
Premium/Discount to List
$1,000
0.41%
Current Estimated Value
$460,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,163
Avg. Annual Appreciation
8.95%
Original Mortgage
$238,620
Outstanding Balance
$207,232
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$251,982
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sears Karen $246,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sears Karen $238,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $246,000 +0.4% $198 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/19/2018 08/19/18 For Sale $245,000 0.0% $197 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $245,000 -- $197 / 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 $5,057 $180,530 $78,120 $102,410
2024 $4,757 $180,530 $78,120 $102,410
2023 $4,492 $180,530 $78,120 $102,410
2022 $4,304 $180,530 $78,120 $102,410
2021 $3,890 $136,430 $70,700 $65,730
2020 $3,869 $136,430 $70,700 $65,730
2019 $3,846 $136,430 $70,700 $65,730
2018 $3,731 $136,430 $70,700 $65,730
2017 $3,569 $136,430 $70,700 $65,730
2016 $3,366 $132,720 $66,990 $65,730
2015 $3,280 $132,720 $66,990 $65,730
2014 $3,189 $132,720 $66,990 $65,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170114524

SmartMLS

APN: ELYM-001104-000146