$282,000
SOLD MAY 13, 2016

38 Whitecap Rd Niantic, CT 06357

3 Beds
1 Bath
1,075 Sq Ft
3,999 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

2% Below List Price

21 Days on Market

Highlights

  • Ranch Style House
  • Attic
  • No HOA
  • East Lyme Middle School Rated A-
  • 1 Fireplace
  • Tennis Courts

About This Home

As of February 2023

Move right in to newly remodeled 3 bedroom ranch in popular Black Point Beach Club. Additional 400 sq footage in front sitting area and sunroom/study off kitchen. Newer kitchen and bath, open living/dining area with fireplace. Outside updated sheds and outdoor shower with cement patio for entertaining. Five minute walk to private beaches, clubhouse, tennis courts and beach gourmet market.

Last Agent to Sell the Property

Judy Halleran

RE/MAX on the Bay License #RES.0755488 Listed on: 04/01/2016

RE/MAX on the Bay

Last Buyer's Agent

Beth Brucker

Berkshire Hathaway NE Prop. License #RES.0083055

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,681

Year Built

  • Built in 1940

Lot Details

  • 3,999 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 1,075 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Attic or Crawl Hatchway Insulated
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Schools

  • Pboe Elementary School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Association fees include club house, lake/beach access

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,681

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Neighborhood: Black Point
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 1075
  • Year Built: 1940
  • Nearby Amenities: Basketball Court, Private Rec Facilities, Tennis Courts
  • Association Amenities: Basketball Court, Private Rec Facilities, Tennis Courts
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Black Pt Rd to Attawan Rd to West End to Billow Rd to E.Shore Dr to Whitecap Rd
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Porch-Enclosed, Patio, Storage Building
  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Open
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Ceiling Fans
  • 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, Lake/Beach Access
  • HOA Fee Frequency: Annually
  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: East Lyme

Lot Info

  • Acres: 0.0918

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3681
  • Total Assessed Value: 148960
  • Mil Rate Total: 24.710
  • Assessor Parcel Number: 1472564

MLS Schools

  • Elementary School: PBOE
  • 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
$584,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,774
Avg. Annual Appreciation
9.48%
Original Mortgage
$345,000
Outstanding Balance
$334,057
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,717

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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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 Type Sale Price Title Company
Warranty Deed $460,000 None Available
Warranty Deed $460,000 None Available
Warranty Deed $460,000 None Available
Warranty Deed $282,000 --
Warranty Deed $239,000 --
Warranty Deed $107,500 --
Warranty Deed $282,000 --
Warranty Deed $239,000 --
Warranty Deed $107,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,000 Purchase Money Mortgage
Closed $345,000 Purchase Money Mortgage
Previous Owner $82,500 Purchase Money Mortgage
Closed $0 No Value Available
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

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Map

Source: SmartMLS

MLS Number: E10120085

SmartMLS

APN: ELYM-005014-000049