NOT LISTED FOR SALE

55 E Shore Dr Niantic, CT 06357

Estimated Value: $1,197,342 - $1,427,000

3 Beds
3.5 Baths
2,928 Sq Ft
$440/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $865,000 $295 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,047/month

20 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Colonial Architecture
  • East Lyme Middle School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of September 2021

Expect the unexpected in this superbly sited home “one-up” from the beach awaiting your future memories. An island feel, overlooking the ocean, magnificent sunrises and seascapes. The open floor plan allows for views from almost every window. New 2nd master suite/office on the main level. Remodeled kitchen and baths! This home has been meticulously maintained! The unfinished lower level is a walk-out! Large versatile expansion potential here for an in-law suite, au pair, guest quarters, or a private office. An active, multi-generational beach community. Summer seasons are packed with events of a bygone era. Imagine children and grandchildren riding bikes throughout the neighborhood, finding friends to play with at the beach, exploring the shoreline rock crevices for muscles, snails and crabs, beach games, and ice cream sundae parties! The Black Point Beach Association has tennis courts, Bocce, a Club House, and tennis lessons. The community has a thriving social activities program that includes book clubs, a men’s group, a vital women’s club, Concerts, Beer and Wine Tasting, and Full Moon Kayakers! Fourth of July bike parade, picnic, and bonfire. The quintessential New England summer experience awaits! This house will not just give you a welcoming, carefree place to live, right on Long Island Sound, but this house will also transform your life, as you become a part of this community. Imagine life at the beach where you can grow lifelong memories and friendships.

Last Agent to Sell the Property

Edward Hillyer

William Raveis Real Estate License #REB.0754220 Listed on: 07/11/2021

William Raveis Real Estate

Last Buyer's Agent

Ed Pellegrino

William Raveis Real Estate License #RES.0756608

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,136

Year Built

  • Built in 1988

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $61 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar Siding

Interior Spaces

  • 2,928 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Concrete Flooring
  • Water Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Laundry in Basement

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Listing and Financial Details

  • Exclusions: See Seller's Inclusion/Exclusion Addendum

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,136

Year Built

Built in 1988

Lot Details

0

HOA Fees

$61 per month

Listing Details

  • Neighborhood: Black Point
  • Property Type: Single Family For Sale
  • Style: Colonial, Contemporary
  • Sq Ft Est Heated Above Grade: 2928
  • Public Record Living Room Sq Ft: 2928
  • Total Sq Ft: 2928
  • Year Built: 1988
  • Association Amenities: Basketball Court, Bocci Court, Tennis Courts
  • Exclusions: See Seller's Inclusion/Exclusion Addendum
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5124
  • Directions: From Black Point Road, veer left at stop sign onto Attawan Rd. At next stop sign veer right onto West End Rd. At next stop sign take a left onto Billow Rd then a quick right onto E Shore Dr. Home is on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Unfinished, Heated, Concrete Floor, Interior Access, Sump Pump
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Central Vacuum, Open Floor Plan, Security System
  • Appliances: Cook Top, Wall Oven, Refrigerator, Dishwasher, Disposal, Instant Hot Water Tap, Washer, Dryer
  • Laundry Room Location: Basement
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage, Paved
  • Garages Number: 2
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Ceiling Fans, Wall Unit
  • Heat Type: Baseboard, Hot Water, Wall Unit
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 30 Gallon Tank, 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: 736
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2200
  • Lot Description: Water View, Corner Lot, Level Lot, Professionally Landscaped
  • Zoning: Residential

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 12136
  • Mil Rate Base: 28.360
  • Assessor Parcel Number: 1472680

MLS Schools

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2021
Closed on
Aug 19, 2021
Sold by
Newman Francine M and Newman David J
Bought by
Newman Francine M and Newman David J
Seller's Agent
Edward Hillyer
William Raveis Real Estate
Buyer's Agent
Ed Pellegrino
William Raveis Real Estate
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%
Current Estimated Value
$1,287,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,086
Avg. Annual Appreciation
9.61%

Purchase Details

Closed on
Jun 12, 1992
Sold by
New England Sb
Bought by
Newman David and Newman Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.79%
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 Buyer Sale Price Title Company
Newman Francine M -- None Available
Newman Francine M -- None Available
Newman David $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newman David $150,000
Previous Owner Newman David $100,000
Previous Owner Newman David $100,000
Previous Owner Newman David $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $865,000 -3.8% $295 / Sq Ft
07/16/2021 07/16/21 For Sale $899,000 -- $307 / 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 $14,917 $532,560 $294,770 $237,790
2024 $13,946 $529,270 $294,770 $234,500
2023 $13,168 $529,270 $294,770 $234,500
2022 $12,618 $529,270 $294,770 $234,500
2021 $12,100 $424,410 $255,430 $168,980
2020 $12,072 $425,670 $255,430 $170,240
2019 $11,885 $421,610 $255,430 $166,180
2018 $11,531 $421,610 $255,430 $166,180
2017 $11,029 $421,610 $255,430 $166,180
2016 $10,854 $427,980 $255,430 $172,550
2015 $10,186 $412,230 $255,430 $156,800
2014 $9,906 $412,230 $255,430 $156,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170416985

SmartMLS

APN: ELYM-005015-000031