NOT LISTED FOR SALE

48 Billow Rd Niantic, CT 06357

Estimated Value: $486,000 - $580,000

3 Beds
1 Bath
1,040 Sq Ft
$509/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $443,000 $426 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,358/month

40 Days on Market

Highlights

  • Ranch Style House
  • Attic
  • Baseboard Heating
  • East Lyme Middle School Rated A-
  • 1 Fireplace

About This Home

As of July 2024

Rare Black Point listing!!! This 3 bedroom, 1 full bath 1040 Sq. Foot ranch is a year round beach getaway on a level lot on a quiet cul-de-sac. Just a quick 5-minute walk or a even quicker golf cart ride to the beach, it's the perfect seaside retreat. As an owner, you'll enjoy exclusive access to the beautiful town beaches, enhancing your coastal living experience. The hoa covers beach access, tennis courts, clubhouse, playground and children's programs in season. Located in the heart of Niantic, a picturesque CT shoreline town known for its warm community and vibrant atmosphere, this home is ideal for families or anyone seeking a getaway. Commuting is easy with options like Amtrak from NY or Boston, I-95, or the Cross Sound Ferry to Long Island or Block Island. Enjoy a number of excellent restaurants, boutique shops, and a local theater nearby. Take a stroll along the mile-long boardwalk or relax in the beautiful town park overlooking the Bay. Plus, you're close to popular attractions like the casinos and Mystic Seaport. Please come and take a look.

Last Agent to Sell the Property

Stephano Stravoravdis

Real Broker CT, LLC License #RES.0807925 Listed on: 06/09/2024

Real Broker CT, LLC

Last Buyer's Agent

Joseph Malerba

eXp Realty License #RES.0792576

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,474

Year Built

  • Built in 1970

Lot Details

  • 10,454 Sq Ft Lot
  • Property is zoned R12

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • East Lyme High School

Utilities

  • Baseboard Heating

Community Details

  • Association fees include club house, tennis, lake/beach access

Listing and Financial Details

  • Assessor Parcel Number 1472362

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,474

Year Built

Built in 1970

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Neighborhood: Black Point
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1040
  • Total Sq Ft: 1040
  • Year Built: 1970
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Turn right onto Billow Road.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1040
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Appliances: Electric Cooktop, Refrigerator, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 48

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water Beach Rights View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access
  • HOA Fees: 395
  • HOA Fee Frequency: Annually

Schools

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

Lot Info

  • Acres: 0.24
  • Lot Description: Level Lot On Cul-De-Sac Water View
  • Flood Zone: No
  • Zoning: R12
  • Parcel #: 1472362

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5474
  • Total Assessed Value: 207760
  • Mil Rate Total: 26.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2024
Closed on
Jul 23, 2024
Sold by
Decarli Lorraine M Est and Santos
Bought by
Wiley David
Seller's Agent
Stephano Stravoravdis
Real Broker CT, LLC
Buyer's Agent
Joseph Malerba
eXp Realty
List Price
$419,000
Sold Price
$443,000
Premium/Discount to List
$24,000
5.73%
Views
126
Current Estimated Value
$529,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,185
Avg. Annual Appreciation
16.11%

Purchase Details

Closed on
Jun 16, 1989
Sold by
Cantino Leo
Bought by
Decarli Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
10.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wiley David $443,000 None Available
Wiley David $443,000 None Available
Decarli Lorraine $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decarli Lorraine $75,000
Previous Owner Decarli Lorraine $103,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $443,000 +5.7% $426 / Sq Ft
06/14/2024 06/14/24 For Sale $419,000 -- $403 / 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 $6,241 $222,810 $119,280 $103,530
2024 $5,474 $207,760 $119,280 $88,480
2023 $5,169 $207,760 $119,280 $88,480
2022 $4,953 $207,760 $119,280 $88,480
2021 $4,560 $159,950 $103,390 $56,560
2020 $4,536 $159,950 $103,390 $56,560
2019 $4,509 $159,950 $103,390 $56,560
2018 $4,375 $159,950 $103,390 $56,560
2017 $4,184 $159,950 $103,390 $56,560
2016 $4,058 $160,020 $103,390 $56,630
2015 $3,954 $160,020 $103,390 $56,630
2014 $3,845 $160,020 $103,390 $56,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24024132

SmartMLS

APN: ELYM-005010-000023