NOT LISTED FOR SALE

47 Terrace Ave Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $834,444 - $973,000

4 Beds
3 Baths
2,376 Sq Ft
$381/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $535,000 $225 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,773/month

193 Days on Market

Highlights

  • Public Water Access
  • 1.97 Acre Lot
  • Deck
  • East Lyme Middle School Rated A-
  • Colonial Architecture
  • Attic

About This Home

As of June 2020

Crescent Beach Association - Shows like new! 4 bedroom, 3 bath Colonial w/ 2 car garage. The inviting front porch beckons you into this beautiful home with open floor plan and hardwood floors throughout the first floor. A spacious, light and bright kitchen w/corian counters & eat at bar opens to the living room and formal dining room. The 1st floor den has a slider that opens to the deck and private back yard. This home boasts large sunny bedrooms, master bedroom w/bath, FHA w/central air. The home is situated on land just shy of 2 acres in a beach association. Plus minutes to quaint downtown Niantic with its boardwalk, marinas, shops, restaurants, & more!

Last Agent to Sell the Property

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 08/27/2019

RE/MAX on the Bay

Co-Listed By

Mary Poola

William Raveis Real Estate License #REB.0755915

Last Buyer's Agent

Kristopher Tramont

Real Broker CT, LLC License #REB.0794869

Real Broker CT, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,084

Year Built

  • Built in 2002

Lot Details

  • 1.97 Acre Lot
  • Property is zoned R12

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,376 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Public Water Access
  • Deck
  • Rain Gutters
  • Porch

Schools

  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • Association fees include lake/beach access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,084

Year Built

Built in 2002

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2376
  • Public Record Living Room Sq Ft: 2376
  • Total Sq Ft: 2376
  • Year Built: 2002
  • Nearby Amenities: Park, Playground/Tot Lot
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4624
  • Directions: Black Pt Rd to Tabernacle Ave to right onto Terrace Ave.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: 2nd floor
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 47

Exterior Features

  • Exterior Features: Deck, Gutters, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Water Community, Association Required
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Hydro Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 350
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 1.9700
  • Lot Description: In Subdivision
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R12

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 7084
  • Total Assessed Value: 251300
  • Mil Rate Base: 28.190
  • Mil Rate Total: 28.190
  • Assessor Parcel Number: 1466095

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Apr 27, 2020
Sold by
Butler Lynn
Bought by
Embree Kevin and Embree Rebecca
Seller's Agent
Ann Carpenter
RE/MAX on the Bay
Buyer's Agent
Kristopher Tramont
Real Broker CT, LLC
List Price
$545,000
Sold Price
$535,000
Premium/Discount to List
-$10,000
-1.83%
Current Estimated Value
$906,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,361
Avg. Annual Appreciation
10.30%
Original Mortgage
$397,000
Outstanding Balance
$353,333
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$544,447

Purchase Details

Closed on
Dec 13, 2004
Sold by
Frattali Eugene L
Bought by
Butler Lyno H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Embree Kevin $535,000 None Available
Butler Lyno H $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Embree Kevin P $50,000
Open Embree Kevin $397,000
Previous Owner Butler Lyno H $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $535,000 -1.8% $225 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
08/27/2019 08/27/19 For Sale $545,000 -- $229 / 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
2025 $10,133 $361,760 $102,060 $259,700
2024 $9,532 $361,760 $102,060 $259,700
2023 $9,001 $361,760 $102,060 $259,700
2022 $8,624 $361,760 $102,060 $259,700
2021 $7,165 $251,300 $94,570 $156,730
2020 $7,127 $251,300 $94,570 $156,730
2019 $6,076 $251,300 $94,570 $156,730
2018 $6,873 $251,300 $94,570 $156,730
2017 $6,574 $251,300 $94,570 $156,730
2016 $7,232 $285,180 $117,110 $168,070
2015 $7,047 $285,180 $117,110 $168,070
2014 $6,853 $285,180 $117,110 $168,070
Source: Public Records

Agents Affiliated with this Home

  • Ann Carpenter

    Seller's Agent in 2020

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    23 in this area

    266 Total Sales

    Ann Carpenter
    Section Image
  • Mary Poola

    Seller Co-Listing Agent in 2020

    Mary Poola

    William Raveis Real Estate

    (860) 625-1913

    20 in this area

    373 Total Sales

    Mary Poola
    Section Image
  • Kristopher Tramont

    Buyer's Agent in 2020

    Kristopher Tramont

    Real Broker CT, LLC

    (860) 884-9511

    316 Total Sales

    Kristopher Tramont
    Section Image
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Map

Source: SmartMLS

MLS Number: 170229736

SmartMLS

APN: ELYM-000802-000024

Connecticut New London County Niantic 06357 Niantic

47 Terrace Ave, Niantic, CT

This home is located at 47 Terrace Ave, Niantic, CT 06357 since 27 August 2019 and is currently estimated at $906,361, approximately $381 per square foot. This property was built in 2002. 47 Terrace Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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