NOT LISTED FOR SALE

48 Lee Farm Dr Niantic, CT 06357

Estimated Value: $484,689 - $577,000

3 Beds
2 Baths
1,454 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $289,000 $199 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,324/month

27 Days on Market

Highlights

  • Beach Access
  • Colonial Architecture
  • 1 Fireplace
  • East Lyme Middle School Rated A-
  • Deck
  • 3-minute walk to Giants Neck Heights Playground

About This Home

As of May 2018

This turn key Custom Built Home offers 3 bedrooms 2 full baths, located in Giants Neck Heights Beach Community, Beach, Play area Tennis and Basketball courts nearby. Hardwood floors in living room with a dual sided gas fireplace leading into kitchen. Enjoy the large deck off kitchen for your summer time barbecuing.

Last Agent to Sell the Property

Cindy Terry

William Raveis Real Estate License #RES.0774432 Listed on: 03/12/2018

William Raveis Real Estate

Last Buyer's Agent

Scott Pellerin

Coldwell Banker Realty License #RES.0784146

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,382

Year Built

  • Built in 2000

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Property is zoned R10

Home Design

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

Interior Spaces

  • 1,454 Sq Ft Home
  • 1 Fireplace
  • Partial Basement

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • Property has a Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,382

Year Built

Built in 2000

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Neighborhood: Giants Neck
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1454
  • Public Record Living Room Sq Ft: 1454
  • Total Sq Ft: 1454
  • Year Built: 2000
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2434
  • Directions: From Rt 163 take Giant Neck rd to 1st left on Dell lane, bear right onto Edge Hill onto Parkview drive take 4th right onto Spring Glenn Rd to end home is on corner of Glen Rd and Lee Farm Rd
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Partial
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Gas Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Optional, Beach Rights
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: Yes

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1700
  • Lot Description: Corner Lot
  • Zoning: R10

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4382
  • Mil Rate Base: 26.160
  • Assessor Parcel Number: 1473400

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
May 23, 2018
Sold by
Ahmed Sye and Ahmed Azra
Bought by
Perez Norberto
Seller's Agent
Cindy Terry
William Raveis Real Estate
Buyer's Agent
Scott Pellerin
Coldwell Banker Realty
List Price
$284,900
Sold Price
$289,000
Premium/Discount to List
$4,100
1.44%
Current Estimated Value
$543,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,172
Avg. Annual Appreciation
8.39%
Original Mortgage
$295,213
Outstanding Balance
$254,188
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$288,984

Purchase Details

Closed on
Aug 14, 2006
Sold by
Lanza John and Lanza Linda
Bought by
Ahmed Syed and Ahmed Azra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.8%

Purchase Details

Closed on
Jun 1, 1999
Sold by
Northeast Contractors
Bought by
Lanza John D and Lanza Linda N

Purchase Details

Closed on
Mar 20, 1998
Sold by
Lopreiato Francesca M
Bought by
Northeast Contractors
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Norberto $289,000 --
Ahmed Syed $325,000 --
Lanza John D $157,875 --
Northeast Contractors $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northeast Contractors $295,213
Previous Owner Northeast Contractors $237,596
Previous Owner Northeast Contractors $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2018 05/22/18 Sold $289,000 +1.4% $199 / Sq Ft
03/12/2018 03/12/18 For Sale $284,900 0.0% $196 / Sq Ft
12/19/2016 12/19/16 Rented $2,100 0.0% --
11/15/2016 11/15/16 Under Contract -- -- --
11/04/2016 11/04/16 For Rent $2,100 +5.0% --
07/01/2014 07/01/14 Rented $2,000 0.0% --
05/19/2014 05/19/14 Under Contract -- -- --
04/23/2014 04/23/14 For Rent $2,000 +11.1% --
05/03/2012 05/03/12 Rented $1,800 0.0% --
07/20/2009 07/20/09 Under Contract -- -- --
03/16/2009 03/16/09 For Rent $1,800 -- --
Source: SmartMLS

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 $5,608 $200,200 $78,120 $122,080
2024 $5,275 $200,200 $78,120 $122,080
2023 $4,981 $200,200 $78,120 $122,080
2022 $4,773 $200,200 $78,120 $122,080
2021 $4,776 $167,510 $70,700 $96,810
2020 $4,751 $167,510 $70,700 $96,810
2019 $4,722 $167,510 $70,700 $96,810
2018 $4,581 $167,510 $70,700 $96,810
2017 $4,382 $167,510 $70,700 $96,810
2016 $4,218 $166,320 $66,990 $99,330
2015 $4,110 $166,320 $66,990 $99,330
2014 $3,997 $166,320 $66,990 $99,330
Source: Public Records

Agents Affiliated with this Home

  • Cindy Terry

    Seller's Agent in 2018

    Cindy Terry

    William Raveis Real Estate

    (860) 625-6336

    3 in this area

    43 Total Sales

    Cindy Terry
    Section Image
  • Scott Pellerin

    Buyer's Agent in 2018

    Scott Pellerin

    Coldwell Banker Realty

    (860) 235-6345

    27 in this area

    207 Total Sales

    Scott Pellerin
    Section Image

  • D

    Seller's Agent in 2016

    Dyann Degaetano

    Asset Real Estate

    Section Image
  • Deborah Fountain

    Seller's Agent in 2014

    Deborah Fountain

    William Pitt

    (860) 303-0968

    42 in this area

    139 Total Sales

    Deborah Fountain
    Section Image
  • Jill Bach

    Buyer's Agent in 2014

    Jill Bach

    Berkshire Hathaway Home Services

    (860) 908-3758

    10 Total Sales

    Jill Bach
    Section Image

  • M

    Seller's Agent in 2012

    Mark Murphy

    Berkshire Hathaway Home Services

    Section Image
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Map

Source: SmartMLS

MLS Number: 170060667

SmartMLS

APN: ELYM-007018-000067

Connecticut New London County Niantic 06357

48 Lee Farm Dr, Niantic, CT

Not Listed for Sale

Detached

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