NOT LISTED FOR SALE

5 Barone Rd Niantic, CT 06357

Estimated Value: $884,745 - $977,000

0.34 Acre
$2,710,841 Price per Acre
14,810 Sq Ft Lot

Last Sold October 10, 2019

Last sale price $115,000 $134 Per Sq Ft

Est. 701% increase in value since last sale

Current estimated payment $5,654/month

27 Days on Market

Highlights

  • No HOA
  • Walking Distance to Water
  • Open Lot
  • East Lyme Middle School Rated A-

About This Lot

As of October 2019

Build your Year-Round Home in this lovely residential neighborhood on an open level lot in a wonderful shoreline community. Municipal Sewer connected and Water in the street ready to tie in. Be able to stroll or bike to beaches with deeded rights to launch Kayaks/canoes into the Pattagansett River to the long island sound from Old Black Point Road.

Last Agent to Sell the Property

Ferdinand Giacinto

RE/MAX on the Bay License #RES.0257400 Listed on: 08/28/2019

RE/MAX on the Bay

Last Buyer's Agent

Beth Brucker

Berkshire Hathaway NE Prop. License #RES.0083055

Berkshire Hathaway NE Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,398

Lot Details

  • 0.34 Acre Lot
  • Open Lot
  • Property is zoned R12

Schools

  • East Lyme High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$2,398

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Black Point Rd, right onto Old Black Point Rd, left onto Indian Rock, left onto Barone Rd
  • Special Features: None

Exterior Features

  • Waterfront Description: Access, Walk to Water
  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer Connected
  • Utilities Available: Electric, Telephone, Cable
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.3400
  • Lot Description: Open Lot
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: R12

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2398
  • Mil Rate Base: 27.350
  • Assessor Parcel Number: 1466354

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 28, 2019
Closed on
Oct 10, 2019
Sold by
Nethantic Realty Llc
Bought by
Piotrowski Adam and Piotrowski Elise
Seller's Agent
Ferdinand Giacinto
RE/MAX on the Bay
Buyer's Agent
Beth Brucker
Berkshire Hathaway NE Prop.
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Current Estimated Value
$921,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,686
Avg. Annual Appreciation
39.29%

Purchase Details

Listed on
Jul 2, 2015
Closed on
Dec 3, 2015
Sold by
Flanagan Thomas F
Bought by
Nehantic Realty Llc
Seller's Agent
Cheryl Keithan
Coldwell Banker Realty
Buyer's Agent
Ken Honer
William Raveis Real Estate
List Price
$102,000
Sold Price
$67,250
Premium/Discount to List
-$34,750
-34.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
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
Piotrowski Adam $11,500 --
Piotrowski Adam $11,500 --
Nehantic Realty Llc -- --
Flanagan Thomas F $67,250 --
Flanagan Thomas F $67,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flanagan Thomas F $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2019 10/10/19 Sold $115,000 -7.9% $134 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $124,900 +85.7% $146 / Sq Ft
11/24/2015 11/24/15 Sold $67,250 -34.1% $79 / Sq Ft View Prior Sale
11/06/2015 11/06/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $102,000 -- $119 / 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 $10,586 $377,930 $89,110 $288,820
2024 $9,958 $377,930 $89,110 $288,820
2023 $9,403 $377,930 $89,110 $288,820
2022 $9,010 $377,930 $89,110 $288,820
2021 $8,404 $294,770 $85,050 $209,720
2020 $2,412 $85,050 $85,050 $0
2019 $2,398 $85,050 $85,050 $0
2018 $2,326 $85,050 $85,050 $0
2017 $2,315 $88,480 $85,050 $3,430
2016 $3,774 $148,820 $105,280 $43,540
2015 $3,677 $148,820 $105,280 $43,540
2014 $3,576 $148,820 $105,280 $43,540
Source: Public Records

Agents Affiliated with this Home

  • Ferdinand Giacinto

    Seller's Agent in 2019

    Ferdinand Giacinto

    RE/MAX

    (860) 912-0694

    25 in this area

    83 Total Sales

    Ferdinand Giacinto
    Section Image
  • Beth Brucker

    Buyer's Agent in 2019

    Beth Brucker

    Berkshire Hathaway Home Services

    (860) 235-7770

    18 in this area

    27 Total Sales

    Beth Brucker
    Section Image
  • Cheryl Keithan

    Seller's Agent in 2015

    Cheryl Keithan

    Coldwell Banker Realty

    (860) 463-0900

    3 in this area

    61 Total Sales

    Cheryl Keithan
    Section Image

  • K

    Buyer's Agent in 2015

    Ken Honer

    William Raveis Real Estate

See All Agents

Map

Source: SmartMLS

MLS Number: 170228187

SmartMLS

APN: ELYM-000803-000099

Connecticut New London County Niantic 06357

5 Barone Rd, Niantic, CT

Not Listed for Sale

Lots

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