NOT LISTED FOR SALE

40 Roxbury Rd Niantic, CT 06357

East Lyme Area

Estimated Value: $356,000 - $455,000

11.39 Acres
$34,977 Price per Acre
496,148 Sq Ft Lot

Sale Details

Date Sold: July 30, 2024

Last sale price $350,000 $175 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,483 / mo

1102 Days on Market

Highlights

  • 11.39 Acre Lot
  • East Lyme Middle School Rated A-
  • Property is near golf course and shops

About This Lot

As of July 2024

Investors and developers take note!! 11+ acre residential parcel in a prime Niantic location!! Proposed use - affordable housing OR 7-9 one acre building lots for singe family residential homes. See attachments with listing. 2nd Ingress/egress off Cypress Way (Stoneywood Subdivision) cul-de-sac. Very little land this close to town , beaches and 95 ripe for development!! Final approvals based on preferred interest are the responsibility of the buyer.

Last Agent to Sell the Property

Mary Poola

William Raveis Real Estate License #REB.0755915 Listed on: 07/09/2021

William Raveis Real Estate

Last Buyer's Agent

Mary Poola

William Raveis Real Estate License #REB.0755915 Listed on: 07/09/2021

William Raveis Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,318

Lot Details

  • 11.39 Acre Lot
  • Property is zoned R40

Location

  • Property is near golf course and shops

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2718122

Property Details

Property Type

Land

Est. Annual Taxes

$3,318

Lot Details

11.39 Acres

Listing Details

  • Neighborhood: Niantic
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Lake, Library, Medical Facilities, Public Rec Facilities, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: rte 156 or Flanders Rd to Roxbury. Sign up on left very near Whiting Farms subdivision. Old Barn is on property as a marker
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Lot Info

  • Acres: 11.39
  • Lot Description: Level Lot Treed
  • Flood Zone: No
  • Lot Improvements: None
  • Lots Number Of: 1
  • Subdividable Ynu: Yes
  • Zoning: R40
  • Parcel #: 2718122

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3318

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Jul 30, 2024
Sold by
Bought by
Seller's Agent
Mary Poola
William Raveis Real Estate
Buyer's Agent
Mary Poola
William Raveis Real Estate
List Price
$450,000
Sold Price
$350,000
Premium/Discount to List
-$100,000
-22.22%
Views
160
Current Estimated Value
$398,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,385
Avg. Annual Appreciation
6.52%
Original Mortgage
$340,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2022
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Niantic, CT

  • Nathan Cholewa Real Estate Agent - Kazantzis Real Estate, LLC

    Nathan Cholewa

    Kazantzis Real Estate, LLC

    (860) 934-0595

    95 Total Sales

    1 in East Lyme

    $280,000 Price

    Nathan Cholewa
     Section Image
  • Valerie MacNeil Real Estate Agent - Kazantzis Real Estate, LLC

    Valerie MacNeil

    Responds Quickly

    Kazantzis Real Estate, LLC

    (860) 544-2381

    108 Total Sales

    1 in East Lyme

    $485,000 Price

    Valerie MacNeil
     Section Image
  • John Hill Real Estate Agent - Seabury Hill REALTORS

    John Hill

    Seabury Hill REALTORS

    (475) 267-2882

    416 Total Sales

    1 in East Lyme

    $460,000 Price

    John Hill
     Section Image
  • Kiki Sydnor Real Estate Agent - Choice Realty

    Kiki Sydnor

    Choice Realty

    (959) 215-5358

    119 Total Sales

    3 in East Lyme

    $400K - $1.3M Price Range

    Kiki Sydnor
     Section Image
  • Cindy Forlenzo Real Estate Agent - Coldwell Banker Realty

    Cindy Forlenzo

    Responds Quickly

    Coldwell Banker Realty

    (475) 263-4942

    96 Total Sales

    1 in East Lyme

    $995,000 Price

    Cindy Forlenzo
     Section Image
  • Michael Saccoccio Real Estate Agent - Coldwell Banker Realty

    Michael Saccoccio

    Coldwell Banker Realty

    (401) 437-5428

    108 Total Sales

    1 in East Lyme

    $301,500 Price

    Michael Saccoccio
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $340,000
Previous Owner $336,660
Previous Owner $500,000
Previous Owner $100,350
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $350,000 -12.5% $175 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
05/02/2022 05/02/22 Price Changed $399,900 -11.1% $200 / Sq Ft
07/09/2021 07/09/21 For Sale $450,000 -- $225 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,527 $125,930 $125,930 $0
2024 $3,318 $125,930 $125,930 $0
2023 $3,133 $125,930 $125,930 $0
2022 $3,002 $125,930 $125,930 $0
2021 $3,133 $109,900 $109,900 $0
2020 $3,361 $118,510 $118,510 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Poola Real Estate Agent - William Raveis Real Estate

    Seller's Agent in 2024

    Mary Poola

    William Raveis Real Estate

    (860) 625-1913

    281 Total Sales

    Mary Poola
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Map

Source: SmartMLS

MLS Number: 170415609

SmartMLS

APN: ELYM M:016.1 B:030-1 L:00000

Connecticut New London County Niantic 06357

40 Roxbury Rd, Niantic, CT

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