NOT LISTED FOR SALE

38 Whitecap Rd Niantic, CT 06357

Estimated Value: $559,000 - $604,000

3 Beds
1 Bath
1,075 Sq Ft
$533/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $460,000 $428 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,653/month

9 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Attic
  • East Lyme Middle School Rated A-
  • Ranch Style House
  • 1 Fireplace

About This Home

As of February 2023

Year round beach home ready for the new owner. Just bring the bathing suits. Hop on your golf cart or take a very short stroll to one of the many beaches, tennis or bocce courts, clubhouse, play ground or boat beach. This property has been lovingly cared for with many improvements. Either sit and read a book on the front porch, curl up on the couch in the fireplaced living room or have your coffee on the back porch off the kitchen. There is a peaceful fenced in yard with a storage shed and patio for entertaining. The owners are leaving most of the furniture so it truly is move-in ready. Whether this will be a summer home or primary residence you will find that living in the Black Point Beach Club community affords a wonderful lifestyle. The seaside village of Niantic offers great boutiques, restaurants, the boardwalk, The Children's Museum, and easy access to all forms of transportation.

Last Agent to Sell the Property

Beth Brucker

Berkshire Hathaway NE Prop. License #RES.0083055 Listed on: 01/17/2023

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Beth Brucker

Berkshire Hathaway NE Prop. License #RES.0083055 Listed on: 01/17/2023

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,731

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Property is zoned R12

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,075 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Heated Enclosed Porch
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Patio
  • Shed

Schools

  • East Lyme High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • Association fees include club house, tennis

Recreation

  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,731

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Neighborhood: Black Point
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1075
  • Public Record Living Room Sq Ft: 1075
  • Total Sq Ft: 1075
  • Year Built: 1940
  • Nearby Amenities: Basketball Court, Bocci Court, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1475
  • Directions: Sunrise to Whitecap
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Crawl Space
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Location: hook ups in closet
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 38

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis
  • HOA Fee Frequency: Annually
  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.0900
  • Lot Description: Water View, Fence - Partial
  • Flood Zone: No
  • Zoning: R12

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4731
  • Total Assessed Value: 198450
  • Mil Rate Base: 23.840
  • Mil Rate Total: 23.840
  • Assessor Parcel Number: 1472564

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Feb 7, 2023
Sold by
Gordon John A
Bought by
Rachoor Swathi and Premkumar Padmanabhan
Seller's Agent
Beth Brucker
Berkshire Hathaway NE Prop.
Buyer's Agent
Beth Brucker
Berkshire Hathaway NE Prop.
List Price
$469,000
Sold Price
$460,000
Premium/Discount to List
-$9,000
-1.92%
Views
32
Current Estimated Value
$573,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,232
Avg. Annual Appreciation
9.24%
Original Mortgage
$345,000
Outstanding Balance
$334,818
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,414

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 13, 2016
Sold by
Bedard Elaine and Shepard Gale
Bought by
Gordon John A and Gordon Michaela A
Seller's Agent
Judy Halleran
RE/MAX on the Bay
Buyer's Agent
Beth Brucker
Berkshire Hathaway NE Prop.
List Price
$289,000
Sold Price
$282,000
Premium/Discount to List
-$7,000
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Listed on
Apr 21, 2013
Closed on
Jun 5, 2013
Sold by
Mastria James C and Mastria Carmela M
Bought by
Bedard Elaine and Shepard Gale
Seller's Agent
James Meyer
eRealty Advisors, Inc.
Buyer's Agent
Judy Halleran
RE/MAX on the Bay
List Price
$239,000
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%

Purchase Details

Closed on
Apr 7, 1998
Sold by
Summa Phyllis R
Bought by
Mastria James C and Mastria Carmela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rachoor Swathi $460,000 None Available
Rachoor Swathi $460,000 None Available
Rachoor Swathi $460,000 None Available
Gordon John A $282,000 --
Bedard Elaine $239,000 --
Mastria James C $107,500 --
Gordon John A $282,000 --
Bedard Elaine $239,000 --
Mastria James C $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rachoor Swathi $345,000
Closed Rachoor Swathi $345,000
Previous Owner Mastria James C $82,500
Closed Mastria James C $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $460,000 -1.9% $428 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $469,000 +66.3% $436 / Sq Ft
05/13/2016 05/13/16 Sold $282,000 -2.4% $262 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $289,000 +20.9% $269 / Sq Ft
05/31/2013 05/31/13 Sold $239,000 0.0% $222 / Sq Ft
04/21/2013 04/21/13 Pending -- -- --
04/21/2013 04/21/13 For Sale $239,000 -- $222 / 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 $5,847 $208,740 $110,600 $98,140
2024 $5,500 $208,740 $110,600 $98,140
2023 $4,937 $198,450 $110,600 $87,850
2022 $4,731 $198,450 $110,600 $87,850
2021 $4,385 $153,790 $95,900 $57,890
2020 $4,352 $153,440 $95,900 $57,540
2019 $4,325 $153,440 $95,900 $57,540
2018 $4,197 $153,440 $95,900 $57,540
2017 $4,014 $153,440 $95,900 $57,540
2016 $3,778 $148,960 $95,900 $53,060
2015 $3,681 $148,960 $95,900 $53,060
2014 $3,580 $148,960 $95,900 $53,060
Source: Public Records

Agents Affiliated with this Home

  • Beth Brucker

    Seller's Agent in 2023

    Beth Brucker

    Berkshire Hathaway Home Services

    (860) 235-7770

    21 in this area

    33 Total Sales

    Section Image
  • Judy Halleran

    Seller's Agent in 2016

    Judy Halleran

    RE/MAX

    (860) 625-5262

    50 in this area

    80 Total Sales

    Section Image

  • J

    Seller's Agent in 2013

    James Meyer

    eRealty Advisors, Inc.

    Section Image
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Map

Source: SmartMLS

MLS Number: 170544773

SmartMLS

APN: ELYM-005014-000049

Connecticut New London County Niantic 06357

38 Whitecap Rd, Niantic, CT

This home is located at 38 Whitecap Rd, Niantic, CT 06357 since 17 January 2023 and is currently estimated at $573,232, approximately $533 per square foot. This property was built in 1940. 38 Whitecap Rd is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and The Light House Voc-Ed Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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