NOT LISTED FOR SALE

47 Terrace Ave Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $799,864 - $943,000

4 Beds
3 Baths
2,376 Sq Ft
$375/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2020

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

Est. 66% increase in value since last sale

Current estimated payment $5,725 / mo

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

1.97 Acres

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

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

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
  • Mil Rate Base: 28.190
  • Assessor Parcel Number: 1466095

MLS Schools

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

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
Aug 27, 2019
Closed on
Apr 27, 2020
Sold by
Bought by
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
$890,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,466
Avg. Annual Appreciation
8.62%
Original Mortgage
$397,000
Interest Rate
0.033%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$535,000 None Available
$500,000 --
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
Open $50,000
Open $397,000
Previous Owner $150,000
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
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

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 $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

    12 in this area

    177 Total Sales

    Ann Carpenter
    Section Image
  • Mary Poola

    Seller Co-Listing Agent in 2020

    Mary Poola

    William Raveis Real Estate

    (860) 625-1913

    13 in this area

    284 Total Sales

    Mary Poola
    Section Image
  • Kristopher Tramont

    Buyer's Agent in 2020

    Kristopher Tramont

    Real Broker CT, LLC

    (860) 884-9511

    2 in this area

    325 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

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