NOT LISTED FOR SALE

53 E Pattagansett Rd Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $404,908 - $554,000

3 Beds
2 Baths
1,529 Sq Ft
$314/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $299,000 $196 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,736/month

5 Days on Market

Highlights

  • Deck
  • Property is near golf course and public transit
  • Corner Lot
  • East Lyme Middle School Rated A-
  • Attic
  • No HOA

About This Home

As of May 2021

Fabulous location!! A corner lot in Niantic Village!! Walk or ride a bike into town for outdoor dining, shopping, movies, beaches, park, and the boardwalk. Also walking distance to Niantic Center School. This two family home has a 2 bedroom first floor apartment and a second floor 1 bedroom apartment. Both units will be available no later than June 30. Don't miss this great investment opportunity, or consider living in one unit and paying your mortgage by renting out the other. Converting this charming 1885 home to a single family dwelling is also a possibility. Conveniently located between Boston and New York, near I95, Train Stations and Cross Sound Ferry Services.

Last Agent to Sell the Property

Anne Thurlow

Coldwell Banker Realty License #RES.0798941 Listed on: 04/07/2021

Coldwell Banker Realty

Co-Listed By

Annie Kaye Nowak

Coldwell Banker Realty License #RES.0759456

Last Buyer's Agent

Gregory Hanner

Garden Realty License #REB.0788235

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 1885

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,529 Sq Ft Home
  • Dirt Floor
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Porch

Location

  • Property is near golf course and public transit

Schools

  • Niantic Center Elementary School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,569

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1529
  • Public Record Living Room Sq Ft: 1529
  • Total Sq Ft: 1529
  • Year Built: 1885
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2331
  • Directions: 156 (Main St) to East Pattagansett. North on East Pattagansett, corner lot on right side of street OR 161 (Pennslyvania Ave) to East Pattagansett. South on East Pattagansett, corner lot on left side of street.
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Dirt Floor
  • Laundry Room Location: could add stackables in each unit
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Porch, Shed
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2200
  • Lot Description: Corner Lot
  • Flood Zone: No
  • Zoning: R10

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3569
  • Mil Rate Base: 28.360
  • Assessor Parcel Number: 1466975

MLS Schools

  • Elementary School: Niantic Center
  • Middle Jr High School: Per Board of Ed
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 27, 2021
Sold by
Bolles Keith A
Bought by
Dinh Don
Seller's Agent
Anne Thurlow
Coldwell Banker Realty
Buyer's Agent
Gregory Hanner
Garden Realty
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$442,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,753
Avg. Annual Appreciation
10.68%
Original Mortgage
$239,200
Outstanding Balance
$216,902
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$263,325

Purchase Details

Listed on
Jun 9, 2014
Closed on
Sep 15, 2014
Sold by
Est Benson Mary C and Foley Katherine M
Bought by
Carpenteri Steven
Seller's Agent
Jim Celio
Century 21 AllPoints Realty
Buyer's Agent
Bill Heenan
William Raveis Real Estate
List Price
$139,900
Sold Price
$100,000
Premium/Discount to List
-$39,900
-28.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.73%
Original Mortgage
$75,000
Interest Rate
4.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dinh Don $299,000 None Available
Carpenteri Steven $100,000 --
Carpenteri Steven $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinh Don $239,200
Previous Owner Carpenteri Steven $75,000
Previous Owner Carpenteri Steven $10,000
Previous Owner Carpenteri Steven $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $299,000 0.0% $196 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $299,000 +57.4% $196 / Sq Ft
04/29/2016 04/29/16 Sold $190,000 -17.0% $133 / Sq Ft View Prior Sale
03/02/2016 03/02/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $229,000 +129.0% $160 / Sq Ft
09/12/2014 09/12/14 Sold $100,000 -28.5% $70 / Sq Ft View Prior Sale
07/24/2014 07/24/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $139,900 -- $98 / Sq Ft
Source: SmartMLS

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 $5,219 $186,340 $78,400 $107,940
2024 $4,910 $186,340 $78,400 $107,940
2023 $4,636 $186,340 $78,400 $107,940
2022 $4,442 $186,340 $78,400 $107,940
2021 $3,588 $125,860 $62,720 $63,140
2020 $3,569 $125,860 $62,720 $63,140
2019 $3,548 $125,860 $62,720 $63,140
2018 $3,442 $125,860 $62,720 $63,140
2017 $3,292 $125,860 $62,720 $63,140
2016 $3,130 $123,410 $54,880 $68,530
2015 $3,049 $123,410 $54,880 $68,530
2014 $2,966 $123,410 $54,880 $68,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170387480

SmartMLS

APN: ELYM-001102-000058