NOT LISTED FOR SALE

50 Oakwood Rd Niantic, CT 06357

Estimated Value: $527,174 - $572,000

3 Beds
2 Baths
2,200 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 12, 2020

Last sale price $369,900 $168 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,537/month

1 Day on Market

Highlights

  • Public Water Access
  • Open Floorplan
  • Contemporary Architecture
  • East Lyme Middle School Rated A-
  • Clubhouse
  • 1 Fireplace

About This Home

As of May 2020

Dramatic 2200 sf contemporary split level home makes for an extremely deceptive drive-by. This home shows like new with expansive living space which includes a large addition. Open floor plan features a chef's kitchen complete with center isle, newer appliances, quartz counters and pantry. Enjoy vaulted ceilings in the dining room and living room, hardwoods throughout, main floor family room with fireplace and built-ins. The main floor master bedroom boastts a walk-in tile rain shower in the newly remodeled master bath. Lower level family room offers great rec space. Private level lot with patio and playscape. Giants Neck Heights Association membership optional.

Last Agent to Sell the Property

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 03/23/2020

RE/MAX on the Bay

Co-Listed By

Mary Poola

William Raveis Real Estate License #REB.0755915

Last Buyer's Agent

Stanley Martone

Calcagni Real Estate License #REB.0794166

Calcagni Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,945

Year Built

  • Built in 1986

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Property is zoned R10

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Laundry on upper level
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • Paved Parking

Outdoor Features

  • Public Water Access
  • Patio
  • Shed

Location

  • Property is near shops

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include club house, tennis, lake/beach access

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,945

Year Built

Built in 1986

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Contemporary, Split Level
  • Sq Ft Est Heated Above Grade: 1800
  • Public Record Living Room Sq Ft: 1308
  • Sq Ft Est Heated Below Grade: 400
  • Total Sq Ft: 2200
  • Year Built: 1986
  • Nearby Amenities: Medical Facilities, Shopping/Mall
  • Association Amenities: Basketball Court, Bocci Court, Club House, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1848
  • Directions: Route 156 to Giants Neck Heights, Left on Dell, to Edge Hill Road. Left on Parkview, right on Laurelwood, then left onto Lee Farm Dr, left onto Oakwood. Sign
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Partially Finished
  • Interior Amenities: Cable - Available, Cable - Pre-wired, Open Floor Plan
  • Appliances: Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: 2nd floor
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Patio, Shed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Association Optional
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Heat Pump
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access
  • HOA Fees: 160
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2300
  • Lot Description: In Subdivision, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 3945
  • Total Assessed Value: 139930
  • Mil Rate Base: 28.190
  • Mil Rate Total: 28.190
  • Assessor Parcel Number: 1473432

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
Mar 23, 2020
Closed on
May 12, 2020
Sold by
Beers Alyssa and Beers Spencer
Bought by
Fortuna Anthony and Fortuna Francesca
Seller's Agent
Ann Carpenter
RE/MAX on the Bay
Buyer's Agent
Stanley Martone
Calcagni Real Estate
List Price
$369,900
Sold Price
$369,900
Current Estimated Value
$551,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,888
Avg. Annual Appreciation
7.87%
Original Mortgage
$295,920
Outstanding Balance
$263,371
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$288,149

Purchase Details

Closed on
Oct 20, 1987
Sold by
Radway James
Bought by
Sebastian Failla
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Fortuna Anthony $369,900 None Available
Fortuna Anthony $369,900 None Available
Sebastian Failla $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortuna Anthony $295,920
Closed Fortuna Anthony $295,920
Previous Owner Radway James $268,419
Previous Owner Radway James $278,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2020 05/12/20 Sold $369,900 0.0% $168 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $369,900 -- $168 / 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 $6,210 $221,690 $83,160 $138,530
2024 $5,842 $221,690 $83,160 $138,530
2023 $5,516 $221,690 $83,160 $138,530
2022 $5,285 $221,690 $83,160 $138,530
2021 $4,069 $142,730 $75,180 $67,550
2020 $3,968 $139,930 $75,180 $64,750
2019 $3,945 $139,930 $75,180 $64,750
2018 $3,827 $139,930 $75,180 $64,750
2017 $3,661 $139,930 $75,180 $64,750
2016 $3,531 $139,230 $71,260 $67,970
2015 $3,440 $139,230 $71,260 $67,970
2014 $3,346 $139,230 $71,260 $67,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170283932

SmartMLS

APN: ELYM-007018-000100