NOT LISTED FOR SALE

29 Whiting Farm Ln Unit 29 East Lyme, CT 06357

Estimated Value: $519,000 - $582,000

3 Beds
2.5 Baths
1,867 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $560,000 $300 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,026/month

7 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Attic
  • East Lyme Middle School Rated A-
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of October 2023

Remarkable opportunity to own a stand alone condo in the heart of Niantic.This over 55 years young community is close to beaches, Niantic boardwalk, marinas, Cedar Rige golf club, new play-house theatre, community center, library, shopping, restaurants, major employers, and more. Immaculate 3 bedroom unit with hardwood floors throughout including custom blinds with beautiful gardens and wooded views. Updated kitchen from Rogers Kitchens with new appliances, bonus dual fuel range that vent to the exterior and large island open to the living area. Primary suite offers a updated bathroom and walk in closet. Huge basement with finished office space and plenty of natural light for storage or future finishing. Easy access to I-95 and app. 2 hours to N.Y. or Boston.
Come see this gorgeous unit before it is gone. Subject to seller finding suitable housing (currently in progress).

Last Listed By

Linda Barrett

Berkshire Hathaway NE Prop. License #RES.0776769 Listed on: 07/11/2023

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,494

Year Built

  • Built in 2013

Lot Details

  • Partially Wooded Lot
  • Property is zoned SU

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Parking Deck

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • East Lyme High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • Association fees include grounds maintenance, snow removal, sewer, property management, insurance
  • Whiting Farms Commons Community
  • Property managed by Thames Harbor

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,494

Year Built

Built in 2013

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch, Single Family Detached
  • Sq Ft Est Heated Above Grade: 1757
  • Public Record Living Room Sq Ft: 1757
  • Sq Ft Est Heated Below Grade: 110
  • Total Sq Ft: 1867
  • Year Built: 2013
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4218
  • Directions: Roxbury Rd to Whiting Farms Lane
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Partially Finished, Walk-out, Storage
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: 11X10
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 29

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Sewer, Property Management, Insurance
  • Complex Name: Whiting Farms Commons
  • Levels In Unit: 1
  • HOA Fees: 400
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Tim Wyatt
  • Property Mgt Company Name: Thames Harbor
  • Property Mgt Phone: 860-691-2011 x202

Schools

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

Lot Info

  • Lot Description: Lightly Wooded
  • Zoning: SU
  • Property Info: Adult Community 55

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6494
  • Total Assessed Value: 315560
  • Mil Rate Base: 24.880
  • Mil Rate Total: 24.880
  • Assessor Parcel Number: 2549825

Multi Family

  • Total Num Of Units: 25

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Oct 20, 2023
Sold by
Patricia L Desforges T L and Patricia Desforges
Bought by
Mcginley Mary E and Mcginley Morgan
Seller's Agent
Linda Barrett
Berkshire Hathaway NE Prop.
Buyer's Agent
Robert Ficks
Berkshire Hathaway NE Prop.
List Price
$495,000
Sold Price
$560,000
Premium/Discount to List
$65,000
13.13%
Total Days on Market
7
Views
82
Current Estimated Value
$550,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,455
Avg. Annual Appreciation
4.01%
Original Mortgage
$448,000
Outstanding Balance
$440,915
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,067

Purchase Details

Closed on
Jul 30, 2021
Sold by
Potts Anita Est and Potts
Bought by
Patricia L Desforges T L and Patricia Desforges

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Mcginley Mary E $560,000 None Available
Patricia L Desforges T L $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcginley Mary E $448,000
Previous Owner Patricia L Desforges T L $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $560,000 +13.1% $300 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $495,000 -- $265 / 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 $6,878 $261,030 $0 $261,030
2023 $7,851 $315,560 $0 $315,560
2022 $7,523 $315,560 $0 $315,560
2021 $7,516 $263,620 $0 $263,620
2020 $7,296 $257,250 $0 $257,250
2019 $7,252 $257,250 $0 $257,250
2018 $7,036 $257,250 $0 $257,250
2017 $6,730 $257,250 $0 $257,250
2016 $4,690 $184,940 $0 $184,940
2015 $4,570 $184,940 $0 $184,940
2014 $4,444 $184,940 $0 $184,940
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170583792

SmartMLS

APN: ELYM-001601-000031-000029