NOT LISTED FOR SALE

47 Oswegatchie Hills Rd Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $1,515,333 - $1,775,000

4 Beds
4 Baths
4,600 Sq Ft
$352/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $1,300,000 $283 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $10,503/month

195 Days on Market

Highlights

  • Public Water Access
  • 24-Hour Security
  • 1.37 Acre Lot
  • East Lyme Middle School Rated A-
  • Waterfront
  • Deck

About This Home

As of January 2023

Direct Waterfront on Smith Cove. 4 BR's with 4 Full Baths, nestled on 1.37 manicured acres and appx 160' of waterfront. 300lb mooring with 3-6' of water for up to a 30' boat. Easy access to the Niantic River and Long Island Sound. Fully upgraded and perfect for entertaining-expansive deck, terrace with gas fire pit, second kitchen on lower level. Year-round sun room upgraded with new Andersen windows & Velux solar operated venting skylights with blinds. Owners favorite spot for reading and watching the changing seasons on the Cove and abundant bird life on the shore. Solar system keeps utility bills low, and when needed the fully automatic 20 Kw Generac generator supports the entire home. Living area has built-in FP/Stove. inlaid accents in hard wd floors with open design to fully upgraded kitchen and sunroom. First Floor Library/Guest room with loft bookcase, walk-in closet, and en suite bath with curb-less shower makes perfect first floor bedroom. Primary BR suite inc water views, built-in FP/stove, 2 walk in closets, and cathedral ceiling bath with whirlpool. 2 BR's on second floor have double closets and hall bath with soaking tub/shower. Lower level is 1,940 Sq Ft with 1,462 SF of finished living space, living area with electric FP and private studio, bedroom, en suite bath with soaking tub, and the homes 2nd kitchen for guests or entertaining. Owner has contracted Marine Engineering firm to plan, design and submit permit application for a dock on this property.

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 06/30/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 06/30/2022

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,004

Year Built

  • Built in 1991

Lot Details

  • 1.37 Acre Lot
  • Waterfront
  • Level Lot
  • Many Trees
  • Property is zoned R10

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding
  • Cedar Siding

Interior Spaces

  • 3 Fireplaces
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Workshop
  • Home Gym
  • Water Views
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Gravel Driveway

Eco-Friendly Details

  • Heating system powered by active solar

Outdoor Features

  • Public Water Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Terrace
  • Gazebo
  • Porch

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Power Generator
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Smith Cove Subdivision

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,004

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 3138
  • Public Record Living Room Sq Ft: 3138
  • Sq Ft Est Heated Below Grade: 1462
  • Total Sq Ft: 4600
  • Year Built: 1991
  • Nearby Amenities: Golf Course, Park, Shopping/Mall
  • Remarks Public Addendum: Plenty of storage on the lower level, including a workshop with utility sink. Brinks security system, Nest camera's, remote electronic door locks. Optional membership in Oswegatchie Hills Club with beach, tennis court, basketball and even small golf cours
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7432
  • Tax Year Updated Dt: 07/11/2022
  • Directions: Rt. 161/Flanders Road to Oswegatchie Hills Rd. Property on right on Smith Cove.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 3
  • Basement Description: Full, Partially Finished, Storage
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Security System
  • Appliances: Oven/Range, Microwave, Refrigerator, Freezer, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Exercise Room, Laundry Room, Mud Room, Workshop
  • Laundry Room Location: Upper Level
  • Laundry Room Info: Upper Level
  • Attic: No
  • Home Automation: Security System
  • Street Number Modifier: 47

Exterior Features

  • Exterior Features: Deck, Gazebo, Patio, Porch, Terrace
  • Exterior Siding: Clapboard, Cedar, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Water Community, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Security
  • Garages Number: 2
  • Driveway Type: Private, Gravel

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Wood/Coal Stove
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Active Solar, Fireplace Insert, Generator

Lot Info

  • Acres: 1.3700
  • Lot Description: Water View, Level Lot, Treed, Fence - Electric Pet, Professionally Landscaped
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 16004
  • Total Assessed Value: 671300
  • Mil Rate Base: 23.840
  • Mil Rate Total: 23.840
  • Assessor Parcel Number: 1468457

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
Jun 30, 2022
Closed on
Jan 13, 2023
Sold by
Graham Susan M and Larcen Stephen W
Bought by
Rose Michael
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%
Views
150
Current Estimated Value
$1,620,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,778
Avg. Annual Appreciation
9.59%
Original Mortgage
$975,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2004
Sold by
Gabbie Darwin
Bought by
Slc Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
5.69%

Purchase Details

Closed on
May 28, 1991
Sold by
Moriarty Norman and Moriarty Christine
Bought by
Larcen Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
9.36%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Rose Michael $1,300,000 None Available
Slc Rentals Llc $283,800 --
Larcen Stephen $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Michael $1,014,500
Closed Rose Michael $975,000
Previous Owner Larcen Stephen $227,000
Previous Owner Larcen Stephen $360,000
Previous Owner Larcen Stephen $375,000
Previous Owner Larcen Stephen $275,000
Closed Larcen Stephen $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $1,300,000 -6.8% $283 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
06/30/2022 06/30/22 For Sale $1,395,000 -- $303 / 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 $17,689 $671,300 $315,560 $355,740
2023 $16,702 $671,300 $315,560 $355,740
2022 $16,004 $671,300 $315,560 $355,740
2021 $15,099 $529,620 $293,160 $236,460
2020 $15,371 $542,010 $293,160 $248,850
2019 $15,279 $542,010 $293,160 $248,850
2018 $14,824 $542,010 $293,160 $248,850
2017 $14,179 $542,010 $293,160 $248,850
2016 $13,713 $540,750 $293,160 $247,590
2015 $13,122 $531,020 $293,160 $237,860
2014 $12,760 $531,020 $293,160 $237,860
Source: Public Records

Agents Affiliated with this Home

  • Judi Caracausa

    Seller's Agent in 2023

    Judi Caracausa

    William Pitt

    (860) 912-9903

    4 in this area

    189 Total Sales

    Judi Caracausa
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Map

Source: SmartMLS

MLS Number: 170501959

SmartMLS

APN: ELYM-001701-000015

Connecticut New London County Niantic 06357 Niantic

47 Oswegatchie Hills Rd, Niantic, CT

This home is located at 47 Oswegatchie Hills Rd, Niantic, CT 06357 since 30 June 2022 and is currently estimated at $1,620,778, approximately $352 per square foot. This property was built in 1991. 47 Oswegatchie Hills Rd is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and The Light House Voc-Ed Center.

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