$330,000
SOLD JUL 12, 2024

50 Edge Hill Rd Niantic, CT 06357

2 Beds
1 Bath
744 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$444 Per Sq Ft

6% Above List Price

1 Day on Market

Highlights

  • Clubhouse
  • Ranch Style House
  • 1 Fireplace
  • East Lyme Middle School Rated A-
  • Attic
  • Community Basketball Court

About This Home

As of July 2024

Giant's Neck Beach opportunity! This 2 bed, 1 bath ranch features a living room with fireplace, eat-in kitchen, sunroom, and quick walk to Giants Neck Beach and Rocky Neck State Park. Roof and carpet replaced in 2020. Public water and sewer. Association dues include beach access, parking pass, playground, basketball, pickleball courts, and more. Golf carts allowed - subject to town regulations. Perfect investment for summer rentals or regular year-round living.

Last Agent to Sell the Property

Luke Yacovou

LIFESTYLE REALTY, LLC License #RES.0811223 Listed on: 06/30/2024

Last Buyer's Agent

Michael Barile

Barile Realty Group License #RES.0790881

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,613

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Sloped Lot
  • Property is zoned R10

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 744 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Exterior Lighting

Schools

  • Niantic Center Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1473283

Community Details

Overview

  • Association fees include club house, lake/beach access

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,613

Year Built

Built in 1920

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Neighborhood: Giants Neck
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 744
  • Total Sq Ft: 744
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Park, Playground/Tot Lot, Public Rec Facilities
  • Association Amenities: Basketball Court, Club House, Playground/Tot Lot
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: I-95 to Rocky Neck Connector exit. Left at end of exit onto rte. 156. Right onto Giant's Neck Road. Left onto Dell Lane. Right onto Edge Hill Road. House on right.
  • Financing Used: Cash
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 744
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished, Concrete Floor, Full With Walk-Out
  • Appliances: Electric Range, Refrigerator, Washer, Dryer
  • Laundry Room Location: Laundry in basement - exterior access
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Lighting
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water Beach Rights Association Required
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 2
  • Garage And Parking: None, Unpaved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Lake/Beach Access
  • HOA Fees: 196
  • HOA Fee Frequency: Annually

Schools

  • Elementary School: Niantic Center
  • Middle School: East Lyme
  • High School: East Lyme

Lot Info

  • Acres: 0.14
  • Lot Description: Sloping Lot
  • Flood Zone: No
  • Zoning: R10
  • Parcel #: 1473283

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3613
  • Total Assessed Value: 137130
  • Mil Rate Total: 26.35

MLS Schools

  • Elementary School: Niantic Center
  • Middle Jr High School: East Lyme
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2020
Sold by
Haylon William
Bought by
Haylon William and Haylon Anette
Current Estimated Value
$336,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2004
Sold by
Barnes Carol and Mark Frank Lombardo
Bought by
Haylon William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.89%
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Available
Warranty Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Closed $115,500 New Conventional
Previous Owner $96,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $136,000 No Value Available
Previous Owner $33,500 No Value Available
Previous Owner $136,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $330,000 +6.5% $444 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/30/2024 06/30/24 For Sale $309,900 -- $417 / 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
2024 $3,613 $137,130 $73,990 $63,140
2023 $3,412 $137,130 $73,990 $63,140
2022 $3,269 $137,130 $73,990 $63,140
2021 $3,095 $108,570 $66,920 $41,650
2020 $3,079 $108,570 $66,920 $41,650
2019 $3,061 $108,570 $66,920 $41,650
2018 $2,969 $108,570 $66,920 $41,650
2017 $2,840 $108,570 $66,920 $41,650
2016 $2,695 $106,260 $63,420 $42,840
2015 $2,626 $106,260 $63,420 $42,840
2014 $2,553 $106,260 $63,420 $42,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24023027

SmartMLS

APN: ELYM-007017-000014