NOT LISTED FOR SALE

51 Lake Dr East Hampton, CT 06424

Estimated Value: $417,000 - $796,000

4 Beds
3 Baths
1,700 Sq Ft
$394/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $799,000 $470 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,126/month

58 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Gazebo
  • East Hampton High School Rated 9+
  • Attic
  • Balcony

About This Home

As of August 2024

Enjoy this stunning year-round waterfront property that is situated at 51 Lake Dr. located on one of Connecticut's largest lakes. This house boasts four bedrooms, one of which is the primary located on the second floor featuring French doors to a balcony and breathtaking views, three full baths, hardwood floors, skylights, a private dock, boat launch, as well as a private beach for enjoying the tranquil lake. It does not end there, this home offers over half an acre of land for possible expansion for outdoors activities, a three-car oversize garage, ready home generator, and a beautiful large wing for the In-laws or guests to stay. This property is ideal for entertaining and hosting family gatherings. Its prime location on the lake and its abundance of amenities makes this waterfront property a dream come true for those seeking a peaceful and luxurious lakeside retreat in Connecticut. Live the Lake Life all year round.

Last Agent to Sell the Property

Roseanne Scacca

Dan Combs Real Estate License #RES.0787391 Listed on: 06/12/2024

Last Buyer's Agent

Roseanne Scacca

Dan Combs Real Estate License #RES.0787391 Listed on: 06/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,573

Year Built

  • Built in 1950

Lot Details

  • 0.54 Acre Lot
  • Lake Front
  • Property is zoned R-1S

Parking

  • 3 Car Garage

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Smart Lights or Controls

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Accessible Home Design

  • Accessible Bathroom
  • Modified Wall Outlets
  • Accessible Ramps
  • Multiple Entries or Exits

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Covered Deck
  • Patio
  • Gazebo

Schools

  • East Hampton High School

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Staging items
  • Assessor Parcel Number 981217

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,573

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Neighborhood: Pocotopaug Lake
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1700
  • Total Sq Ft: 1700
  • Year Built: 1950
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Lake, Paddle Tennis, Playground/Tot Lot, Tennis Courts
  • In Law Access: First Floor
  • Exclusions: Staging items
  • Handicap Features: 32" Minimum Door Widths, Accessible Bath, Multiple Entries/Exits, Ramps
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: Main St. to Lake Dr.
  • Financing Used: Conventional Fixed
  • In Law Apartment: Possible
  • Living Area Sq Ft Per Public Record: 1272
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Storage Space, Access Via Hatch
  • Basement Description: None
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Electric Outlet(s), Lighting
  • Street Number Modifier: 51
  • Other SqFt Description: town has sqft recorded

Exterior Features

  • Exterior Features: Balcony, Gazebo, Covered Deck, French Doors, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 3
  • Garage And Parking: Detached Garage

Utilities

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

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: East Hampton
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Extra Insulation

Lot Info

  • Acres: 0.54
  • Lot Description: Corner Lot Level Lot Cleared Water View Open Lot
  • Zoning: R-1S
  • Parcel #: 981217

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6573
  • Total Assessed Value: 172790
  • Mil Rate Total: 38.04

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: East Hampton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 9, 2024
Sold by
Rasmussen Barry S
Bought by
Young Paul and Young Elizabeth
Seller's Agent
Roseanne Scacca
Dan Combs Real Estate
Buyer's Agent
Roseanne Scacca
Dan Combs Real Estate
List Price
$799,000
Sold Price
$799,000
Views
46
Current Estimated Value
$669,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$129,281
Avg. Annual Appreciation
-15.75%
Original Mortgage
$639,200
Outstanding Balance
$633,103
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$36,616

Purchase Details

Closed on
Jun 3, 2002
Sold by
Macdonald Michael L and Macdonald Jansak P
Bought by
Rassmussen Barry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7%

Purchase Details

Closed on
Sep 29, 1992
Sold by
Simcik Philip A
Bought by
Macdonald Michael L and Jansak Macdonald P

Purchase Details

Closed on
Jun 30, 1987
Sold by
Veazie Douglas R
Bought by
Simcik Philip A
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
Young Paul $799,000 None Available
Young Paul $799,000 None Available
Young Paul $799,000 None Available
Rassmussen Barry S $244,000 --
Macdonald Michael L $189,000 --
Simcik Philip A $144,000 --
Rassmussen Barry S $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Paul $639,200
Closed Young Paul $639,200
Previous Owner Simcik Philip A $133,000
Previous Owner Simcik Philip A $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $799,000 0.0% $470 / Sq Ft
06/12/2024 06/12/24 For Sale $799,000 -- $470 / 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 $6,861 $172,790 $66,600 $106,190
2024 $6,573 $172,790 $66,590 $106,200
2023 $5,507 $152,720 $66,590 $86,130
2022 $5,293 $152,720 $66,590 $86,130
2021 $5,273 $152,720 $66,590 $86,130
2020 $4,292 $129,510 $45,940 $83,570
2019 $4,114 $124,130 $51,850 $72,280
2018 $3,888 $124,130 $51,850 $72,280
2017 $3,888 $124,130 $51,850 $72,280
2016 $3,654 $124,130 $51,850 $72,280
2015 $3,948 $142,120 $60,950 $81,170
2014 $3,435 $142,120 $60,950 $81,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24024910

SmartMLS

APN: EHAM-000003A-000044B-000037C