$387,000
SOLD MAR 31, 2025

5 Osprey Ln Niantic, CT 06357

2 Beds
1.5 Baths
1,075 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$360 Per Sq Ft

3% Below List Price

35 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • Tankless Water Heater
  • East Lyme Middle School Rated A-
  • Walking Distance to Water
  • Central Air

About This Home

As of March 2025

Welcome to 5 Osprey Lane located in the sought-after Giants Neck Heights. This fully remodeled two-bedroom, 1.5-bath Cape is a coastal gem offers a serene setting surrounded by mature trees and lush landscaping and just a short stroll from the beach, providing the perfect blend of privacy and coastal living. Step inside to discover a modernized kitchen with stainless steel appliances, sleek steel gray granite countertops, a large walk in pantry, and a dining peninsula, seamlessly opening to a spacious, light-filled living room with beautiful hardwood floors and ample new windows. The main level also offers a convenient half bath, and laundry. Upstairs, find two spacious bedrooms with custom closet shelving, hardwood floors, and a skylight in the primary bedroom for cozy stargazing. A beautifully updated full bath features a 5-foot walk-in shower and a linen closet for added storage. Outside, enjoy a large new deck perfect for entertaining or relaxing after a day at the beach. Newer roof, siding, and windows complete this stunning remodel, giving you peace of mind for years to come. As part of the private Giant's Neck Heights community, enjoy beach access, clubhouse, playground, and walking/biking trails. This is shoreline living at its finest without the high cost! Don't miss your chance to claim this coastal retreat-schedule a tour today and make this Niantic haven your own.

Last Agent to Sell the Property

Jennifer Jennings

William Raveis Real Estate License #RES.0795378 Listed on: 01/03/2025

William Raveis Real Estate

Last Buyer's Agent

Jessica Hoover

William Raveis Real Estate License #RES.0800161

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,834

Year Built

  • Built in 1984

Lot Details

  • 8,276 Sq Ft Lot
  • Property is zoned R10

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,075 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Hatchway
  • Crawl Space

Outdoor Features

  • Walking Distance to Water

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1473215

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,834

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Neighborhood: Giants Neck
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1075
  • Total Sq Ft: 1075
  • Year Built: 1984
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Park
  • Remarks Public Addendum: 211.48 Annual District Tax
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS
  • Financing Used: Cash
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space, Hatchway Access
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.19
  • Lot Description: In Subdivision Level Lot
  • Zoning: R10
  • Parcel #: 1473215

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4834

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Mar 27, 2025
Sold by
Goldblatt Matthew D
Bought by
Ruonavaara Sharon and Ruonavaara Ryan
Seller's Agent
Jennifer Jennings
William Raveis Real Estate
Buyer's Agent
Jessica Hoover
William Raveis Real Estate
List Price
$399,900
Sold Price
$387,000
Premium/Discount to List
-$12,900
-3.23%
Views
126
Current Estimated Value
$418,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,862
Avg. Annual Appreciation
12.15%
Original Mortgage
$309,600
Outstanding Balance
$308,283
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$110,579

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 4, 2020
Sold by
Bedard Raymond and Bedard Diana
Bought by
Goldblatt Matthew
Seller's Agent
Diana Bedard
Prime Realty Partners
Buyer's Agent
Jennifer Jennings
William Raveis Real Estate
List Price
$278,800
Sold Price
$275,000
Premium/Discount to List
-$3,800
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$220,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2019
Closed on
Nov 20, 2019
Sold by
Webman Kenneth
Bought by
Bedard Diana and Bedard Raymond
Seller's Agent
Katie Schubert
KW Legacy Partners
Buyer's Agent
Katie Schubert
KW Legacy Partners
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.36%
Original Mortgage
$163,000
Interest Rate
3.5%

Purchase Details

Closed on
Dec 30, 1987
Sold by
Adams Scott
Bought by
Webman Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
10.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $175,000 None Available
Warranty Deed $135,000 --
Warranty Deed $135,000 --
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $309,600 Stand Alone Refi Refinance Of Original Loan
Closed $309,600 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $163,000 No Value Available
Previous Owner $69,342 No Value Available
Previous Owner $85,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $387,000 -3.2% $360 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $399,900 +45.4% $372 / Sq Ft
09/09/2020 09/09/20 Sold $275,000 -1.4% $212 / Sq Ft View Prior Sale
07/28/2020 07/28/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $278,800 +106.5% $214 / Sq Ft
11/21/2019 11/21/19 Sold $135,000 0.0% $126 / Sq Ft View Prior Sale
11/04/2019 11/04/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $135,000 -- $126 / 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 $5,139 $183,470 $79,730 $103,740
2024 $4,834 $183,470 $79,730 $103,740
2023 $4,565 $183,470 $79,730 $103,740
2022 $4,374 $183,470 $79,730 $103,740
2021 $4,051 $142,100 $72,100 $70,000
2020 $3,742 $131,950 $72,100 $59,850
2019 $2,256 $131,950 $72,100 $59,850
2018 $3,609 $131,950 $72,100 $59,850
2017 $3,452 $131,950 $72,100 $59,850
2016 $3,289 $129,710 $68,320 $61,390
2015 $3,205 $129,710 $68,320 $61,390
2014 $3,117 $129,710 $68,320 $61,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24066459

SmartMLS

APN: ELYM-007014-000060