42 S Lee Rd Niantic, CT 06357
3
Beds
2
Baths
1,306
Sq Ft
0.27
Acres
Highlights
- Cape Cod Architecture
- Deck
- Tennis Courts
- East Lyme Middle School Rated A-
- Attic
- Enclosed patio or porch
About This Home
As of December 2020Move right in to this wonderful remodeled Cape on a double-sized flat lot in the Giants Neck Beach Homeowners Association. Enter into a delightful light-filled sunroom with newer windows and distant water views of Long Island Sound. Highlighted by a remodeled eat- in kitchen with white shaker style cabinetry, granite countertops, stainless steel appliances and center island, the main floor also includes newer engineered bamboo hardwood floors, a cozy living room, first floor bedroom, and first floor remodeled full bath. A large private deck off the kitchen is great for barbecues and outdoor dining. Washer and Dryer are conveniently located off the kitchen. The second floor includes two generous sized bedrooms with newer bamboo hardwood floors, and a remodeled bath. Additional upgrades include central air, newer furnace, newer bamboo floors throughout, and new paint. Ideal as a vacation home or year round residence. Currently used as a summer rental, this property generates $20,000+ per year in weekly rentals. Best value in Giants Neck Beach!!
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0794804 Listed on: 11/26/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,499
Year Built
- Built in 1956
Lot Details
- 0.27 Acre Lot
- Level Lot
- Property is zoned R12
HOA Fees
- $25 Monthly HOA Fees
Home Design
- Cape Cod Architecture
- Block Foundation
- Asphalt Shingled Roof
- Concrete Siding
- Vinyl Siding
Interior Spaces
- 1,306 Sq Ft Home
- Partial Basement
- Attic or Crawl Hatchway Insulated
Kitchen
- Electric Range
- Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Parking
- Parking Deck
- Dirt Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Enclosed patio or porch
- Rain Gutters
Location
- Property is near shops
- Property is near a golf course
Schools
- East Lyme High School
Utilities
- Central Air
- Heating System Uses Propane
- Electric Water Heater
Community Details
Overview
- Association fees include club house
Recreation
- Tennis Courts
- Community Playground
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
60
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | -- | |
| Warranty Deed | $410,000 | -- | |
| Warranty Deed | $328,500 | -- | |
| Warranty Deed | $328,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $328,000 | Purchase Money Mortgage | |
| Closed | $328,000 | New Conventional | |
| Closed | $0 | No Value Available |
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: 170145276
APN: ELYM-004011-000016
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