$603,000
SOLD APR 30, 2025

40 Marshfield Rd Niantic, CT 06357

3 Beds
2 Baths
1,484 Sq Ft
0.79 Acres

Recently Sold

$406 Per Sq Ft

21% Above List Price

14 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • 2 Fireplaces
  • East Lyme Middle School Rated A-
  • Deck
  • Tennis Courts

About This Home

As of April 2025

Newly Remodeled Mid-Century Modern Gem in Giants Neck Beach Neighborhood Welcome to this stunningly remodeled 3-bedroom, 2-bath residence, a mid-century modern design house that perfectly blends contemporary elegance with classic architectural charm. Situated in the highly sought-after Giants Neck beach neighborhood, this home offers the ideal coastal lifestyle with modern comforts and style. Step inside to discover a bright and airy open floor plan that showcases beautiful hardwood floors throughout, creating a seamless flow from room to room. The new gourmet kitchen is a culinary dream, featuring sleek cabinetry, top-of-the-line appliances, and recessed lighting that highlights the space's clean lines and sophisticated design. Each bedroom is a tranquil retreat, complete with designer wooden ceiling fans that complement the home's mid-century aesthetic while ensuring comfort year-round. The two well-appointed baths have been thoughtfully updated to cater to both functionality and relaxation. Entertaining is a breeze on the expansive deck, where you can host summer barbecues or simply unwind in the privacy of your .78-acre lot. The large deck invites you to enjoy the serene outdoor setting, whether you're dining al fresco or soaking up the sun. This property is more than just a home; it's a lifestyle. As a resident of the Giants Neck community, you'll have access to the beautiful local beaches, creating endless opportunities for seaside adventures.

Last Agent to Sell the Property

Colette Harron

William Pitt Sotheby's Int'l License #RES.0761689 Listed on: 03/26/2025

William Pitt Sotheby's Int'l

Last Buyer's Agent

Teri Strain-Lewis

William Pitt Sotheby's Int'l License #RES.0814595

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,034

Year Built

  • Built in 1961

Lot Details

  • 0.79 Acre Lot
  • Property is zoned R10

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Split Level Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,484 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 2 Fireplaces
  • Storm Windows

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Hot Water Circulator
  • Oil Water Heater

Additional Features

  • Deck
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 1465806

Community Details

Overview

  • Association fees include club house, tennis

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,034

Year Built

Built in 1961

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Split Level
  • Sq Ft Est Heated Above Grade: 1484
  • Total Sq Ft: 1484
  • Year Built: 1961
  • New Construction: No/Resale
  • Nearby Amenities: Library, Medical Facilities, Shopping/Mall
  • Association Amenities: Club House, Tennis Courts
  • Remarks Public Addendum: HOA includes Tennis/Pickleball court, beach and Club House
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: CLA
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 1079
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Basement Description: None
  • Interior Amenities: Open Floor Plan
  • Appliances: Electric Range, Microwave, Refrigerator, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 40
  • Other SqFt Description: Split level house with three floors. Total square footage: 1,484

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water Water Community
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Ceiling Fans, Heat Pump, Split System
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis
  • HOA Fees: 21
  • HOA Fee Frequency: Monthly

Schools

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

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 0.79
  • Lot Description: Cleared Professionally Landscaped
  • Flood Zone: No
  • Zoning: R10
  • Parcel #: 1465806

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5034
  • Total Assessed Value: 191030
  • Mil Rate Total: 26.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
Apr 30, 2025
Sold by
Kraft Thomas and Kraft Sharon
Bought by
George Robert and George Tracey
Seller's Agent
Colette Harron
William Pitt Sotheby's Int'l
Buyer's Agent
Teri Strain-Lewis
William Pitt Sotheby's Int'l
List Price
$497,000
Sold Price
$603,000
Premium/Discount to List
$106,000
21.33%
Views
144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-76.01%
Original Mortgage
$250,000
Outstanding Balance
$250,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,758

Purchase Details

Listed on
Jun 3, 2015
Closed on
Aug 4, 2015
Sold by
Hutton Christopher H
Bought by
Kraft Thomas and Kraft Richard
Seller's Agent
John Huhn
Coldwell Banker Realty
Buyer's Agent
Brad Whiteman
Vision Real Estate
List Price
$249,000
Sold Price
$243,000
Premium/Discount to List
-$6,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$231,990
Interest Rate
3.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 $603,000 None Available
Warranty Deed $243,000 --
Warranty Deed $243,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Purchase Money Mortgage
Previous Owner $231,990 Stand Alone Refi Refinance Of Original Loan
Previous Owner $231,990 New Conventional
Previous Owner $172,053 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $603,000 +21.3% $406 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $497,000 +104.5% $335 / Sq Ft
08/03/2015 08/03/15 Sold $243,000 -2.4% $164 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $249,000 +31.1% $168 / Sq Ft
05/24/2013 05/24/13 Sold $190,000 -8.7% $128 / Sq Ft
05/12/2013 05/12/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $208,000 -- $140 / 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 $5,034 $191,030 $81,620 $109,410
2023 $4,753 $191,030 $81,620 $109,410
2022 $4,554 $191,030 $81,620 $109,410
2021 $3,969 $139,230 $73,920 $65,310
2020 $3,949 $139,230 $73,920 $65,310
2019 $3,925 $139,230 $73,920 $65,310
2018 $3,808 $139,230 $73,920 $65,310
2017 $3,642 $139,230 $73,920 $65,310
2016 $3,360 $132,510 $70,000 $62,510
2015 $3,274 $132,510 $70,000 $62,510
2014 $3,186 $132,580 $73,570 $59,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24082042

SmartMLS

APN: ELYM-000704-000012