NOT LISTED FOR SALE

Estimated Value: $617,000 - $909,000

2 Beds
1 Bath
1,247 Sq Ft
$640/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $450,000 $361 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,454/month

81 Days on Market

Highlights

  • Medical Services
  • River Front
  • Deck
  • East Lyme Middle School Rated A-
  • Open Floorplan
  • Ranch Style House

About This Home

As of September 2017

One of the best kept WATERFRONT secrets.. Smith's Cove! Charming 2BR Ranch overlooking Three Belle's Marina. From what the owners say, you will be 'moonstruck' in the evening. Geographically insulated from most storms, this .33 acre parcel conveys with 77 Oswegatchie Hills Rd (.22 & $1175 in add'l taxes). This parcel provides the 2 car garage & added storage for this home. Currently used year round, this home presents great vacation or weekend getaway options. Although dated inside, the bones of this home appear solid. Eat-in KT, open LR with fireplace, remodeled bath with walk-in shower. Deck offers panoramic views of the Cove & Marina. Minutes out of the channel to Niantic River & LI Sound. C/A system approximately 7yrs old, owners' flood policy approximately $600/yr with local carrier. Room sizes approximate.

Last Agent to Sell the Property

Mary Poola

William Raveis Real Estate License #REB.0755915 Listed on: 05/28/2017

William Raveis Real Estate

Last Buyer's Agent

Mary Poola

William Raveis Real Estate License #REB.0755915 Listed on: 05/28/2017

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,098

Year Built

  • Built in 1940

Lot Details

  • 0.33 Acre Lot
  • River Front
  • Level Lot

Home Design

  • Ranch Style House
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 1,247 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Water Views
  • Partial Basement
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Deck

Outdoor Features

  • Deck

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a golf course

Schools

  • Pboe Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Ground

Community Details

Recreation

  • Putting Green

Additional Features

  • No Home Owners Association
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,098

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Public Record Living Room Sq Ft: 1247
  • Total Sq Ft: 1247
  • Year Built: 1940
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Shopping/Mall
  • Association Amenities: Medical Facilities, Putting Green
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2236
  • Directions: 29 N Edgewood Rd., Niantic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Partial With Hatchway
  • Interior Amenities: Open Floor Plan
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 29

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Cedar, Shake
  • Waterfront Description: Direct Waterfront, Frontage, River, Dock or Mooring
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 100

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: East Lyme
  • Intermediate School: East Lyme

Lot Info

  • Acres: 0.3300
  • Lot Description: Water View, Level Lot
  • Flood Zone: Yes

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 9098
  • Total Assessed Value: 358750
  • Mil Rate Total: 25.360
  • Assessor Parcel Number: 1469771

MLS Schools

  • Elementary School: PBOE
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2017
Closed on
Sep 5, 2017
Sold by
Schutt Marfilyn
Bought by
Terlizzi Stephen and Terlizzi Julie
Seller's Agent
Mary Poola
William Raveis Real Estate
Buyer's Agent
Mary Poola
William Raveis Real Estate
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%
Current Estimated Value
$798,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,351
Original Mortgage
$337,500
Outstanding Balance
$290,183
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2017
Sold by
Schutt Marvin and Schutt Marilyn
Bought by
Schutt Marilyn

Purchase Details

Closed on
May 23, 1975
Bought by
Schutt Marvin C

Purchase Details

Closed on
--
Sold by
Schutt Marfilyn
Bought by
Terlizzi Stephen and Terlizzi Julie
Source: Public Records

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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
Terlizzi Stephen $450,000 --
Schutt Marilyn -- --
Schutt Marvin C -- --
Terlizzi Stephen $450,000 --
Schutt Marilyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schutt Marvin C $337,500
Closed Schutt Marvin C $337,500
Previous Owner Schutt Marvin C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $450,000 -2.2% $361 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
05/28/2017 05/28/17 For Sale $460,000 -- $369 / 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 $12,078 $458,360 $292,600 $165,760
2023 $11,404 $458,360 $292,600 $165,760
2022 $10,927 $458,360 $292,600 $165,760
2021 $11,230 $393,890 $292,600 $101,290
2020 $11,157 $393,400 $292,600 $100,800
2019 $11,090 $393,400 $292,600 $100,800
2018 $9,862 $360,570 $292,600 $67,970
2017 $9,433 $360,570 $292,600 $67,970
2016 $9,098 $358,750 $292,600 $66,150
2015 $8,865 $358,750 $292,600 $66,150
2014 $8,621 $358,750 $292,600 $66,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10225340

SmartMLS

APN: ELYM-002203-000037