$2,050,000
SOLD SEP 20, 2024

40 E Shore Dr Niantic, CT 06357

3 Beds
2.5 Baths
2,488 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$824 Per Sq Ft

7% Below List Price

72 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • Attic
  • East Lyme Middle School Rated A-
  • Clubhouse
  • 1 Fireplace

About This Home

As of September 2024

A slice of Nantucket in Niantic! Looking for the perfect Shoreline home that feels like vacation the moment you walk in the door, yet offers everything you need from a year round property? You've found it! From the salt in the air floral smell, to the thoughtful design finishes, and the abundant panoramic views of the Long Island Sound, this well designed 2004 "Black Point" home is a WOW. The 1st floor is highlighted by a generously sized chef's kitchen with everything from a warming oven to a wine fridge and a dining area with panoramic views of the water. The living room features custom built-ins, a gas fireplace and sliders to the charming deck with views that make you feel like you're truly a world away from life's chaos. This floor also features a family room that would easily serve as a guest space, a full bath, laundry room with soapstone sink and an office area. Upstairs you'll find 2 well sized guest rooms, a second work from home space, a full guest bath and a primary suite with showstopper views of the Sound, a walk in closet, a well sized full bath and private deck. A rare find on the shoreline, downstairs you'll find a huge, dry basement that could easily be converted into living space. There is also a cedar closet for your seasonal needs. With direct water frontage, an attached 2 car garage, pristine landscaping, outdoor shower, 3 association beaches and WOWZER views in nearly every room, this house will knock your socks off!

Last Agent to Sell the Property

Phoebe Finch

William Pitt Sotheby's Int'l License #RES.0803073 Listed on: 06/26/2024

William Pitt Sotheby's Int'l

Last Buyer's Agent

Patricia Pastor

RE/MAX on the Bay License #REB.0525097

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,445

Year Built

  • Built in 2004

Lot Details

  • 6,970 Sq Ft Lot
  • Waterfront
  • Property is zoned R12

HOA Fees

  • $113 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,488 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Private Driveway
  • Guest Parking
  • Visitor Parking

Accessible Home Design

  • Exterior Wheelchair Lift
  • Chairlift

Schools

  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1472740

Community Details

Overview

  • Association fees include club house, lake/beach access

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,445

Year Built

Built in 2004

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Neighborhood: Black Point
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2488
  • Total Sq Ft: 2488
  • Year Built: 2004
  • New Construction: No/Resale
  • Association Amenities: Club House, Guest Parking
  • Remarks Public Addendum: Solar Panels are leased. Please ask for details. Not familiar with Black Point Beach Association? Be sure to check out the website. Sellers paid $1,485 for flood insurance. Home features a 7' seawall. Stair chair lift can convey or be removed.
  • Handicap Features: Chair Lift
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: Black Point Road to Attawan Road to Billow Road to East Shore. Park in driveway.
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Laundry Room on 1st Floor
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage Walk to Water Beach Rights Association Required Water Community View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Other
  • Total Parking Spaces: 4
  • Garage And Parking: Attached Garage, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Lake/Beach Access
  • HOA Fees: 1351
  • HOA Fee Frequency: Annually

Schools

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

Lot Info

  • Acres: 0.16
  • Lot Description: Cleared Professionally Landscaped Water View
  • Zoning: R12
  • Parcel #: 1472740

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 18445
  • Total Assessed Value: 700000
  • Mil Rate Total: 26.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Sep 18, 2024
Sold by
Ada L Amaro T L and Ada Amaro
Bought by
Dirlsio Matthew L and Dirlsio Leslie P
Seller's Agent
Phoebe Finch
William Pitt Sotheby's Int'l
Buyer's Agent
Patricia Pastor
RE/MAX on the Bay
List Price
$2,195,000
Sold Price
$2,050,000
Premium/Discount to List
-$145,000
-6.61%
Views
35
Current Estimated Value
$1,770,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$279,976
Avg. Annual Appreciation
-19.34%
Original Mortgage
$1,640,000
Outstanding Balance
$1,629,603
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$115,228

Purchase Details

Closed on
Oct 11, 2019
Sold by
Amaro Ada
Bought by
Ada Amaro Ret

Purchase Details

Closed on
Feb 4, 1993
Sold by
Ge Capital Asset Mngmt
Bought by
Amaro Donald A and Amaro Ada S

Purchase Details

Closed on
Oct 27, 1988
Sold by
Maine Lucille
Bought by
Broyfield Rita

Purchase Details

Closed on
Oct 24, 1988
Sold by
Macvicar Virginia
Bought by
Brayfield Rita
Source: Public Records

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Range of Values:

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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 -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $194,000 --
Warranty Deed $194,000 --
Deed $145,000 --
Deed $290,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,640,000 Adjustable Rate Mortgage/ARM
Closed $1,640,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 No Value Available
Previous Owner $151,000 No Value Available
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $2,050,000 -6.6% $824 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $2,195,000 -- $882 / 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 $18,445 $700,000 $434,910 $265,090
2023 $17,416 $700,000 $434,910 $265,090
2022 $16,688 $700,000 $434,910 $265,090
2021 $16,522 $579,530 $376,880 $202,650
2020 $16,435 $579,530 $376,880 $202,650
2019 $16,337 $579,530 $376,880 $202,650
2018 $15,850 $579,530 $376,880 $202,650
2017 $15,161 $579,530 $376,880 $202,650
2016 $14,882 $586,810 $376,880 $209,930
2015 $14,500 $586,810 $376,880 $209,930
2014 $14,101 $586,810 $376,880 $209,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24028276

SmartMLS

APN: ELYM-005015-000091