42 S Lee Rd Niantic, CT 06357
Estimated Value: $557,471 - $881,000
3
Beds
2
Baths
1,306
Sq Ft
$538/Sq Ft
Est. Value
Highlights
- Beach Access
- Cape Cod Architecture
- Deck
- East Lyme Middle School Rated A-
- Clubhouse
- Attic
About This Home
As of December 2020Welcome to Giants Neck Beach association, the CT shore's best kept secret. This classic cape is on one of the largest lots, offering privacy galore. Pride of ownership shows throughout, including the thoughtful landscaping. You'll fall in love as you enter, and see how it's been updated for today's modern coastal feel. You can enjoy the peace and serenity on the enclosed front porch with views of the water. The inviting living room has a large bow window and leads to the dining area overlooking the back yard. It is open to a new kitchen, with center island, that leads to a spacious deck for summer entertaining. And there is a bedroom and full bath on the first floor. Upstairs there are two more bedrooms and a full bath. Several recent improvements include new Pella windows, insulation, crown molding, two paver stone patios, beautiful landscaping, and more. Square footage does not include the enclosed porch. There is a great summer rental history, with approx $25,000 income. Property includes an additional lot allowing considerable expansion, a garage, or for you to enjoy as is.
Last Agent to Sell the Property
William Raveis Real Estate License #RES.0769263 Listed on: 09/18/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,158
Year Built
- Built in 1956
Lot Details
- 0.27 Acre Lot
- Cul-De-Sac
- Level Lot
- Property is zoned R12
HOA Fees
- $18 Monthly HOA Fees
Home Design
- Cape Cod Architecture
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,306 Sq Ft Home
- Ceiling Fan
- Thermal Windows
- Heated Enclosed Porch
- Attic or Crawl Hatchway Insulated
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Parking
- Parking Deck
- Driveway
- Unpaved Parking
Outdoor Features
- Beach Access
- Walking Distance to Water
- Deck
- Shed
Schools
- East Lyme High School
Utilities
- Central Air
- Heating System Uses Oil Above Ground
- Heating System Uses Propane
- Electric Water Heater
Community Details
Overview
- Association fees include club house, tennis, lake/beach access
Amenities
- Clubhouse
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 26, 2018
Closed on
Feb 28, 2019
Sold by
Connecticut Re Invetors
Bought by
Pellegrini Lisa
Seller's Agent
John Garufi
Coldwell Banker Realty
Buyer's Agent
Rose McWaid
William Raveis Real Estate
List Price
$429,900
Sold Price
$410,000
Premium/Discount to List
-$19,900
-4.63%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,618
Avg. Annual Appreciation
9.25%
Original Mortgage
$328,000
Outstanding Balance
$291,262
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$422,166
Purchase Details
Closed on
Apr 30, 2014
Sold by
Eremita Joseph A
Bought by
Sapere Emil and Mahoney Patricia
Similar Homes in Niantic, CT
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pellegrini Lisa | $410,000 | -- | |
| Pellegrini Lisa | $410,000 | -- | |
| Sapere Emil | $328,500 | -- | |
| Sapere Emil | $328,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sapere Emil | $328,000 | |
| Closed | Sapere Emil | $328,000 | |
| Closed | Sapere Emil | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2020 12/10/20 | Sold | $585,000 | +2.8% | $448 / Sq Ft |
| 10/01/2020 10/01/20 | Pending | -- | -- | -- |
| 09/24/2020 09/24/20 | For Sale | $569,000 | +38.8% | $436 / Sq Ft |
| 02/28/2019 02/28/19 | Sold | $410,000 | -4.6% | $314 / Sq Ft |
| 11/26/2018 11/26/18 | For Sale | $429,900 | -- | $329 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $6,849 | $259,910 | $107,170 | $152,740 |
| 2023 | $6,467 | $259,910 | $107,170 | $152,740 |
| 2022 | $6,196 | $259,910 | $107,170 | $152,740 |
| 2021 | $6,065 | $212,730 | $103,460 | $109,270 |
| 2020 | $5,158 | $181,860 | $103,460 | $78,400 |
| 2019 | $4,637 | $164,500 | $103,460 | $61,040 |
| 2018 | $4,499 | $164,500 | $103,460 | $61,040 |
| 2017 | $4,303 | $164,500 | $103,460 | $61,040 |
| 2016 | $3,985 | $157,150 | $96,110 | $61,040 |
| 2015 | $3,826 | $154,840 | $96,110 | $58,730 |
| 2014 | $3,721 | $154,840 | $96,110 | $58,730 |
Source: Public Records
Agents Affiliated with this Home
-
Rose McWaid
Seller's Agent in 2020
Rose McWaid
William Raveis Real Estate
(860) 573-0667
3 in this area
67 Total Sales
-
Pamela Strunk
Buyer's Agent in 2020
Pamela Strunk
Berkshire Hathaway Home Services
(860) 460-6678
4 in this area
32 Total Sales
-
John Garufi
Seller's Agent in 2019
John Garufi
Coldwell Banker Realty
(860) 510-6804
14 in this area
32 Total Sales
Map
Source: SmartMLS
MLS Number: 170338320
APN: ELYM-004011-000016
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