NOT LISTED FOR SALE

Estimated Value: $477,344 - $620,000

3 Beds
2 Baths
1,470 Sq Ft
$371/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $329,000 $224 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,358/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • East Lyme Middle School Rated A-
  • Property is near public transit and shops
  • No HOA

About This Home

As of March 2020

This turn-key historic home in the heart of downtown Niantic is one of a kind. This home was lovingly restored by its owners with newly refinished hardwood floors, custom bathrooms, granite countertops, all new appliances, including a gas range and a freshly painted exterior. You can enjoy the character of the home with built-in cabinets, high ceilings, crown molding, and unique picture rail while at the same time have the luxuries of upgraded features such as a whole-house generator, central heating, and air conditioning, and energy-efficient programmable thermostat and security system doorbell. This home is light, bright and has incredible energy accented by the floor to ceiling windows in the living room. Just a minutes’ walk from local shops, restaurants, parks, beaches, and the boardwalk  
*Sale is contingent upon the Seller closing on the property of their choice.

Last Agent to Sell the Property

Tim Bray

Seaport Real Estate Services License #REB.0790195 Listed on: 01/17/2020

Last Buyer's Agent

Cathy Gonyo

RE/MAX Legends License #RES.0766468

RE/MAX Legends

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,505

Year Built

  • Built in 1872

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Garden
  • Property is zoned R10

Parking

  • Parking Deck

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,470 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring

Kitchen

  • Cooktop with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Walkup Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space
  • Basement Storage

Home Security

  • Smart Thermostat
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Porch

Location

  • Property is near public transit and shops

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Programmable Thermostat
  • Power Generator
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,505

Year Built

Built in 1872

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1470
  • Public Record Living Room Sq Ft: 1470
  • Total Sq Ft: 1470
  • Year Built: 1872
  • Nearby Amenities: Library, Park, Public Pool, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2668
  • Directions: East on 161 towards downtown Niantic. Left onto lincoln and right onto Beckwith.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Crawl Space
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor, Storage
  • Interior Amenities: Cable - Available
  • Appliances: Cook Top, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Off the kitchen
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Deck, Garden Area, Gutters, Lighting, Porch, Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 30 Gallon Tank, Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Generator, Programmable Thermostat, Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4505
  • Mil Rate Base: 28.190
  • Assessor Parcel Number: 1468802

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Petersen Timothy
Bought by
Petersen Timothy and Parks Megan
Current Estimated Value
$545,086

Purchase Details

Listed on
Jan 17, 2020
Closed on
Mar 26, 2020
Sold by
Wheeler Heather and Wheeler Nathan
Bought by
Petersen Timothy
Seller's Agent
Tim Bray
Seaport Real Estate Services
Buyer's Agent
Cathy Gonyo
RE/MAX Legends
List Price
$339,000
Sold Price
$329,000
Premium/Discount to List
-$10,000
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$335,544
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 9, 2016
Closed on
Jun 8, 2017
Sold by
Kalal Nancy
Bought by
Wheeler Heather and Wheeler Nathan
Seller's Agent
Ann Carpenter
RE/MAX on the Bay
Buyer's Agent
Tim Bray
Seaport Real Estate Services
List Price
$269,900
Sold Price
$257,500
Premium/Discount to List
-$12,400
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$244,625
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
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
Petersen Timothy -- None Available
Petersen Timothy $329,000 None Available
Wheeler Heather $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petersen Timothy $335,544
Previous Owner Wheeler Heather $244,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2020 03/27/20 Sold $329,000 0.0% $224 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
01/31/2020 01/31/20 Price Changed $329,000 -2.9% $224 / Sq Ft
01/17/2020 01/17/20 For Sale $339,000 +31.7% $231 / Sq Ft
06/08/2017 06/08/17 Sold $257,500 -4.6% $175 / Sq Ft View Prior Sale
04/16/2017 04/16/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $269,900 0.0% $184 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
04/06/2017 04/06/17 Price Changed $269,900 -6.9% $184 / Sq Ft
02/14/2017 02/14/17 Price Changed $289,900 -3.3% $197 / Sq Ft
12/09/2016 12/09/16 For Sale $299,900 +16.5% $204 / Sq Ft
12/09/2016 12/09/16 Off Market $257,500 -- --
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
2025 $6,096 $217,630 $100,450 $117,180
2024 $5,735 $217,630 $100,450 $117,180
2023 $5,415 $217,630 $100,450 $117,180
2022 $5,188 $217,630 $100,450 $117,180
2021 $4,834 $169,540 $78,120 $91,420
2020 $4,532 $159,810 $78,120 $81,690
2019 $4,505 $159,810 $78,120 $81,690
2018 $4,371 $159,810 $78,120 $81,690
2017 $4,181 $159,810 $78,120 $81,690
2016 $3,966 $156,380 $78,120 $78,260
2015 $3,864 $156,380 $78,120 $78,260
2014 $3,758 $156,380 $78,120 $78,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170264030

SmartMLS

APN: ELYM-001703-000207