NOT LISTED FOR SALE

5 Cypress Way Niantic, CT 06357

Estimated Value: $519,567 - $597,000

4 Beds
2.5 Baths
1,950 Sq Ft
$293/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $335,000 $172 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,626/month

3 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • No HOA
  • East Lyme Middle School Rated A-
  • 1 Fireplace
  • Community Garden

About This Home

As of June 2017

Beautiful and newly remodeled four-bedroom ranch style home, located at the end of a cul-de-sac street, in a wonderful and established neighborhood. This home features a brand new kitchen, with granite counter tops, stainless steel appliances, a custom tiled back splash, and a center island with room for seating. The formal living room has hardwood floors, a gas fireplace, and plenty of room for entertaining. There are four ample sized bedrooms, with the master having its own custom full bath, that has a tiled shower, glass shower doors, and a double vanity. This home also has an enormous family room with a slider leading to the deck, a first floor laundry room, and walk-in pantry. The home has a full basement with the potential to be finished, a spacious rear deck and a one-car attached garage. A must see home that will not last for long.

Last Agent to Sell the Property

John Troland

William Raveis Real Estate License #RES.0793858 Listed on: 04/21/2017

William Raveis Real Estate

Last Buyer's Agent

Ferdinand Giacinto

RE/MAX on the Bay License #RES.0257400

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,495

Year Built

  • Built in 1971

Lot Details

  • 0.51 Acre Lot
  • Cul-De-Sac

Home Design

  • Ranch Style House
  • Cedar Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Shed

Schools

  • Pboe Elementary School
  • East Lyme High School

Utilities

  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Garden

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,495

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 1950
  • Year Built: 1971
  • Association Amenities: Gardening Area
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Bush hill, to Stonywood, to Cypress Way.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Concrete Floor, Full
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Deck, Shed
  • Exterior Siding: Cedar
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Asphalt

Utilities

  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: East Lyme

Lot Info

  • Acres: 0.5100
  • Lot Description: On Cul-De-Sac

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 4495
  • Total Assessed Value: 177240
  • Mil Rate Total: 25.360
  • Assessor Parcel Number: 1468021

MLS Schools

  • Elementary School: PBOE
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Johnson William P and Charron Pauline R
Bought by
Johnson William P and Charron Pauline R
Current Estimated Value
$570,392

Purchase Details

Listed on
Apr 21, 2017
Closed on
May 31, 2017
Sold by
Callinan Michael
Bought by
Marquardt Karen
Seller's Agent
John Troland
William Raveis Real Estate
Buyer's Agent
Ferdinand Giacinto
RE/MAX on the Bay
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$268,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 17, 2016
Closed on
Dec 2, 2016
Sold by
Est Albanese Joseph and Schwartzer Lenard E
Bought by
Callinan Michael J
Seller's Agent
John Oliveri
Property Works New England
Buyer's Agent
John Troland
William Raveis Real Estate
List Price
$135,000
Sold Price
$161,000
Premium/Discount to List
$26,000
19.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
332.95%

Purchase Details

Closed on
Jun 25, 2009
Sold by
Lowrey Frederick and Lowrey Maureen
Bought by
Albanese Joseph
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
Johnson William P -- None Available
Marquardt Karen $335,000 --
Callinan Michael J $161,000 --
Albanese Joseph $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albanese Joseph $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2017 06/01/17 Sold $335,000 +3.1% $172 / Sq Ft
04/21/2017 04/21/17 For Sale $325,000 +101.9% $167 / Sq Ft
12/02/2016 12/02/16 Sold $161,000 +19.3% $107 / Sq Ft View Prior Sale
11/18/2016 11/18/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $135,000 -- $90 / 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 $7,225 $257,950 $91,840 $166,110
2024 $6,797 $257,950 $91,840 $166,110
2023 $6,418 $257,950 $91,840 $166,110
2022 $6,150 $257,950 $91,840 $166,110
2021 $5,712 $200,340 $91,840 $108,500
2020 $5,682 $200,340 $91,840 $108,500
2019 $5,648 $200,340 $91,840 $108,500
2018 $5,479 $200,340 $91,840 $108,500
2017 $4,633 $177,100 $91,840 $85,260
2016 $4,495 $177,240 $91,840 $85,400
2015 $4,380 $177,240 $91,840 $85,400
2014 $4,259 $177,240 $91,840 $85,400
Source: Public Records

Agents Affiliated with this Home

  • John Troland

    Seller's Agent in 2017

    John Troland

    William Raveis Real Estate

    (860) 753-1661

    7 in this area

    88 Total Sales

    John Troland
    Section Image
  • Ferdinand Giacinto

    Buyer's Agent in 2017

    Ferdinand Giacinto

    RE/MAX

    (860) 912-0694

    26 in this area

    86 Total Sales

    Ferdinand Giacinto
    Section Image

  • J

    Seller's Agent in 2016

    John Oliveri

    Property Works New England

    1 in this area

    258 Total Sales

    John Oliveri
    Section Image
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Map

Source: SmartMLS

MLS Number: E10214639

SmartMLS

APN: ELYM-001601-000013

Connecticut New London County Niantic 06357

5 Cypress Way, Niantic, CT

This home is located at 5 Cypress Way, Niantic, CT 06357 since 21 April 2017 and is currently estimated at $570,392, approximately $292 per square foot. This property was built in 1971. 5 Cypress Way is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and The Light House Voc-Ed Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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