NOT LISTED FOR SALE

Estimated Value: $248,324 - $324,000

2 Beds
1 Bath
694 Sq Ft
$423/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $105,100 $151 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,910/month

178 Days on Market

Highlights

  • Beach Access
  • Contemporary Architecture
  • Community Playground
  • East Lyme Middle School Rated A-
  • Enclosed patio or porch
  • 3-minute walk to Pine Grove

About This Home

As of July 2018

Just reduced to below assessed value. Great opportunity to own in this quiet Pine Grove Niantic Association. This 2 bedroom 1 bath home has an enclosed front porch, large living room and eat in kitchen. This home is a short walk to the beach and the association offers a playground, ballfield and a park. Perfect for a weekend getaway or year round living. Close to I-95 and I-395, Downtown Niantic with quaint shops and movie theater, restaurants and shopping. Home does need some updating. Terrific opportunity for a second home. Addl parking close by on parking lot down on the left. No flood insurance required. Low annual Association Fee. See Agent to Agent remarks.

Last Agent to Sell the Property

Joanne Putnam

DB Associates of CT, LLC License #RES.0752058 Listed on: 12/29/2017

Last Buyer's Agent

Charene Clark

Coldwell Banker Realty License #RES.0122440

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,282

Year Built

  • Built in 1920

Lot Details

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

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 694 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Visitor Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Enclosed patio or porch

Schools

  • East Lyme High School

Utilities

  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • Association fees include lake/beach access
  • Property managed by Pine Grove Niantic Assoc

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,282

Year Built

Built in 1920

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 694
  • Public Record Living Room Sq Ft: 694
  • Total Sq Ft: 694
  • Year Built: 1920
  • Association Amenities: Guest Parking, Park, Playground/Tot Lot
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1350
  • Directions: Rte 161 (Pennsylvania Ave) to Smith St; 2nd left to Pine Grove Rd (near National Guard); left onto Broadway; Right onto N Main St to #26 on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Attic: No
  • Street Number Modifier: 26

Exterior Features

  • Exterior Features: Patio, Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Association Required, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 100
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Property Management Type: Unit Owners Association
  • Property Mgt Company Name: Pine Grove Niantic Assoc

Schools

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

Lot Info

  • Acres: 0.0300
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3282
  • Total Assessed Value: 125440
  • Mil Rate Base: 26.160
  • Mil Rate Total: 26.160
  • Assessor Parcel Number: 1468901

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2017
Closed on
Jul 11, 2018
Sold by
Hermann Stephanie
Bought by
Hermann Christopher
Seller's Agent
Joanne Putnam
DB Associates of CT, LLC
Buyer's Agent
Charene Clark
Coldwell Banker Realty
List Price
$169,900
Sold Price
$105,100
Premium/Discount to List
-$64,800
-38.14%
Current Estimated Value
$293,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,731
Avg. Annual Appreciation
14.90%

Purchase Details

Closed on
Dec 8, 2017
Sold by
Nationstar Mortgage Ll
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 20, 2008
Sold by
Lagana Autonio and Lagana Carmela
Bought by
Harper Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,650
Interest Rate
5.9%
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
Hermann Christopher -- --
Hermann Christopher $105,100 --
Federal National Mortgage Association -- --
Nationstar Mortgage Ll -- --
Harper Amy $167,000 --
Hermann Christopher -- --
Nationstar Mortgage Ll -- --
Harper Amy $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lagana Antonio $156,300
Previous Owner Lagana Antonio $158,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $105,100 -4.4% $151 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/02/2018 06/02/18 Price Changed $109,900 -12.0% $158 / Sq Ft
04/30/2018 04/30/18 Price Changed $124,900 -7.4% $180 / Sq Ft
03/30/2018 03/30/18 Price Changed $134,900 -6.9% $194 / Sq Ft
03/01/2018 03/01/18 Price Changed $144,900 -6.5% $209 / Sq Ft
01/30/2018 01/30/18 Price Changed $155,000 -8.8% $223 / Sq Ft
12/29/2017 12/29/17 For Sale $169,900 -- $245 / 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 $3,256 $123,550 $65,870 $57,680
2023 $3,074 $123,550 $65,870 $57,680
2022 $2,945 $123,550 $65,870 $57,680
2021 $3,576 $125,440 $84,210 $41,230
2020 $3,557 $125,440 $84,210 $41,230
2019 $3,536 $125,440 $84,210 $41,230
2018 $3,431 $125,440 $84,210 $41,230
2017 $3,282 $125,440 $84,210 $41,230
2016 $3,550 $140,000 $91,490 $48,510
2015 $3,459 $140,000 $91,490 $48,510
2014 $3,364 $140,000 $91,490 $48,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170040578

SmartMLS

APN: ELYM-001706-000088