NOT LISTED FOR SALE

Estimated Value: $577,673 - $843,000

3 Beds
2 Baths
2,189 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $356,000 $163 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,526/month

18 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Corner Lot
  • East Lyme Middle School Rated A-
  • 1 Fireplace
  • Putting Green

About This Home

As of July 2017

Saunders Point beautiful contemporary home starts with an open floor plan. Incredible wide plank hard wood floors with stone fireplace. The first floor bedroom opens up to a big workshop and loft. The upstairs overlooks the main level has 3 bedrooms, but the third does not have a closet. There is an attached workshop/studio with a loft. Property is considered a double lot. List price does reflect the age of the roof (majority is 1995). All artwork and sculptures will be removed from property prior to the sale. Association includes golf course, tennis courts and a private beach. Neighborhood has functions through out the summer. You will be happy you entered this home to view it's charm.

Last Agent to Sell the Property

Geoffrey Hausmann

RE/MAX on the Bay License #RES.0753715 Listed on: 05/20/2017

RE/MAX on the Bay

Last Buyer's Agent

Wendy Roth

Berkshire Hathaway NE Prop. License #RES.0793885

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,601

Year Built

  • Built in 1880

Lot Details

  • 0.32 Acre Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Cedar Siding

Interior Spaces

  • 2,189 Sq Ft Home
  • 1 Fireplace
  • Workshop
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed

Location

  • Property is near a golf course

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

Overview

  • Association fees include lake/beach access, tennis
  • Saunders Point Subdivision

Recreation

  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,601

Year Built

Built in 1880

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Contemporary
  • Total Sq Ft: 2189
  • Year Built: 1880
  • Nearby Amenities: Golf Course
  • Association Amenities: Putting Green
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Pennsylvania Ave to Oswegatchie Hill Road. At end, take right onto Town Road and right on to North Pine. #4 sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full With Hatchway
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator
  • Additional Rooms: Workshop
  • Laundry Room Location: First Floor
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Patio, Shed
  • Exterior Siding: Cedar
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Tennis
  • HOA Fees: 150
  • HOA Fee Frequency: Annually
  • HOA: No

Schools

  • Intermediate School: East Lyme

Lot Info

  • Acres: 0.3200
  • Lot Description: Corner Lot, Level Lot, Fence - Partial
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 5601
  • Assessor Parcel Number: 2146672

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2017
Closed on
Jul 17, 2017
Sold by
Sher Alvin and Sher Patricia
Bought by
Olson Carol
Seller's Agent
Geoffrey Hausmann
RE/MAX on the Bay
Buyer's Agent
Wendy Roth
Berkshire Hathaway NE Prop.
List Price
$394,000
Sold Price
$356,000
Premium/Discount to List
-$38,000
-9.64%
Current Estimated Value
$746,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,668
Avg. Annual Appreciation
9.16%
Original Mortgage
$284,800
Outstanding Balance
$236,373
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$510,295

Purchase Details

Closed on
Aug 10, 1992
Sold by
Sher Lynne
Bought by
Sher Alvin
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
Olson Carol $356,000 --
Sher Alvin $10,000 --
Olson Carol $356,000 --
Sher Alvin $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sher Alvin $284,800
Closed Sher Alvin $284,800
Previous Owner Sher Alvin $41,100
Previous Owner Sher Alvin $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2017 07/14/17 Sold $356,000 -9.6% $163 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/20/2017 05/20/17 For Sale $394,000 -- $180 / 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 $7,074 $252,560 $87,500 $165,060
2024 $6,655 $252,560 $87,500 $165,060
2023 $6,284 $252,560 $87,500 $165,060
2022 $6,021 $252,560 $87,500 $165,060
2021 $5,754 $201,810 $83,580 $118,230
2020 $5,723 $201,810 $83,580 $118,230
2019 $5,689 $201,810 $83,580 $118,230
2018 $5,520 $201,810 $83,580 $118,230
2017 $5,279 $201,810 $83,580 $118,230
2016 $5,601 $220,850 $103,460 $117,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10223103

SmartMLS

APN: ELYM M:22.14 B:00029 L:00000