Seller's Agent in 2021
Marilyn Lusher
RE/MAX
(860) 460-9559
5 in this area
347 Total Sales
48 Lake Ave Niantic, CT 06357
Niantic NeighborhoodEstimated Value: $422,000 - $486,000
2
Beds
1
Bath
1,336
Sq Ft
$343/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is near public transit
- 1 Fireplace
- East Lyme Middle School Rated A-
- Attic
- Corner Lot
About This Home
As of March 2021Looking for a convenient location in downtown Niantic just a few blocks from the water and the main street? This 2 bedroom home is situated on a corner lot with a detached one plus car garage allowing for workshop area or additional storage space. The oversized living room offers hardwood flooring and the original beach stone fireplace with mantel. Just off the living room is a heated sunroom ideal for plants or just soaking up the sunshine. Rounding out the main floor is the kitchen complete with appliances and a breakfast nook/dining area. Originally a 3 bedroom home, the large master with double closets, second bedroom and a full bath complete the top floor. Bring your ideas and possibly turn the area over the attached garage into additional outdoor space or add on an extra bedroom, the door is already there. Plenty of room and sunshine for gardening in the backyard. The seller says the neighbors are awesome! Come see for yourself.
Last Agent to Sell the Property
RE/MAX Legends License #REB.0754324 Listed on: 12/17/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,342
Year Built
- Built in 1933
Lot Details
- 9,583 Sq Ft Lot
- Corner Lot
- Level Lot
- Cleared Lot
- Property is zoned R10
Parking
- 2 Car Garage
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
- Vinyl Siding
Interior Spaces
- 1,336 Sq Ft Home
- 1 Fireplace
- Thermal Windows
- French Doors
- Attic or Crawl Hatchway Insulated
- Storm Doors
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Unfinished Basement
- Partial Basement
- Dirt Floor
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
Schools
- Niantic Center Elementary School
- East Lyme Middle School
- East Lyme High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Oil
- Programmable Thermostat
- Fuel Tank Located in Basement
- Cable TV Available
Community Details
- No Home Owners Association
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2020
Closed on
Mar 8, 2021
Sold by
Russell Nancy S
Bought by
Keniston Michelle and Velez Jorge
Seller's Agent
Marilyn Lusher
RE/MAX Legends
Buyer's Agent
Jenn Feiman
KW Legacy Partners
List Price
$300,000
Sold Price
$280,000
Premium/Discount to List
-$20,000
-6.67%
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
$178,168
Avg. Annual Appreciation
11.32%
Original Mortgage
$224,000
Outstanding Balance
$201,711
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$249,030
Purchase Details
Closed on
Dec 1, 1989
Sold by
Daniels Origin
Bought by
Russell Nancy
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Keniston Michelle | $280,000 | None Available | |
| Keniston Michelle | $280,000 | None Available | |
| Russell Nancy | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keniston Michelle | $224,000 | |
| Closed | Keniston Michelle | $224,000 | |
| Previous Owner | Russell Nancy | $150,100 | |
| Previous Owner | Russell Nancy | $148,000 | |
| Previous Owner | Russell Nancy | $206,769 | |
| Previous Owner | Russell Nancy | $77,201 | |
| Previous Owner | Russell Nancy | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2021 03/08/21 | Sold | $280,000 | -1.8% | $210 / Sq Ft |
| 01/29/2021 01/29/21 | Pending | -- | -- | -- |
| 12/29/2020 12/29/20 | Price Changed | $285,000 | -5.0% | $213 / Sq Ft |
| 12/17/2020 12/17/20 | For Sale | $300,000 | -- | $225 / 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 |
|---|---|---|---|---|
| 2025 | $5,290 | $188,860 | $82,670 | $106,190 |
| 2024 | $4,976 | $188,860 | $82,670 | $106,190 |
| 2023 | $4,699 | $188,860 | $82,670 | $106,190 |
| 2022 | $4,502 | $188,860 | $82,670 | $106,190 |
| 2021 | $4,245 | $148,890 | $74,830 | $74,060 |
| 2020 | $4,342 | $153,090 | $74,830 | $78,260 |
| 2019 | $4,316 | $153,090 | $74,830 | $78,260 |
| 2018 | $4,187 | $153,090 | $74,830 | $78,260 |
| 2017 | $4,005 | $153,090 | $74,830 | $78,260 |
| 2016 | $3,710 | $146,300 | $70,910 | $75,390 |
| 2015 | $3,615 | $146,300 | $70,910 | $75,390 |
| 2014 | $3,516 | $146,300 | $70,910 | $75,390 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Jenn Feiman
KW Legacy Partners
(203) 868-2359
1 in this area
146 Total Sales
Map
Source: SmartMLS
MLS Number: 170361517
APN: ELYM-001102-000096
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