NOT LISTED FOR SALE

61 S Beechwood Rd Niantic, CT 06357

Estimated Value: $482,000 - $547,000

2 Beds
2 Baths
1,008 Sq Ft
$507/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $450,000 $446 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,345/month

3 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Ranch Style House
  • East Lyme Middle School Rated A-
  • Wood Burning Stove
  • Attic

About This Home

As of August 2023

Welcome to 61 South Beechwood Road, a beautiful property nestled in the sought-after Giants Neck Heights beach association in Niantic. This stunning home offers a wonderful combination of comfort, style, and potential rental income, making it an ideal investment opportunity. As you enter the main residence, you are greeted by a spacious and inviting living area filled with natural light. The open floor plan seamlessly connects the living room to the dining area, creating a perfect space for entertaining guests or spending quality time. The neutral color palette, coupled with the hardwood floors, adds a touch of elegance and warmth to the home. Mini split systems for heating and cooling have been added in each bedroom, living room and studio apartment. The well-appointed kitchen features brand new appliances, ample cabinetry, and abundant natural light. Whether you're hosting a dinner party or enjoying a casual breakfast, this kitchen provides both functionality and style. One of the highlights of 61 South Beechwood Road is the potential rental space located above the garage. This separate living area features a studio layout, vaulted ceilings and a full bathroom, offering a versatile space that can be used as a guest suite, home office, or a rental unit. Imagine the possibilities of generating additional income or providing a private space for visiting family and friends.

Last Listed By

Kira Coon

William Raveis Real Estate License #RES.0811756 Listed on: 06/30/2023

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,298

Year Built

  • Built in 1939

Lot Details

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

HOA Fees

  • $16 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,008 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Thermal Windows
  • Pull Down Stairs to Attic
  • Smart Thermostat

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Hatchway
  • Crawl Space

Parking

  • 2 Car Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Shed
  • Rain Gutters
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1473412

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,298

Year Built

Built in 1939

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: 1008
  • Total Sq Ft: 1008
  • Year Built: 1939
  • New Construction: No/Resale
  • Nearby Amenities: Library, Medical Facilities, Park, Public Rec Facilities
  • In Law Access: Over Garage
  • Association Amenities: Basketball Court, Bocci Court, Club House, Park, Playground/Tot Lot, Tennis Courts
  • Remarks Public Addendum: Outside, the property offers a serene and beautifully landscaped yard, perfect for relaxation and outdoor activities. Enjoy dining on the patio, hosting barbecues, or simply unwind amidst the natural beauty that surrounds you. Located in the desirable Giants Neck Heights beach association, this home provides access to a private beach, where you can indulge in the sun, sand, and sea. Giants Neck Heights also includes a neighborhood clubhouse, tennis/basketball courts and hiking trails. Explore the local amenities and attractions of Niantic, including charming shops, restaurants, and cafes in the downtown area. With its close proximity to major highways and convenient access to public transportation, commuting to neighboring cities such as New London or Hartford is a breeze. Don't miss the opportunity to own this exceptional property at 61 South Beechwood Road. With its combination of a comfortable main residence and a potential rental space above the garage, this home offers endless possibilities for both homeowners and investors. Schedule your showing today and experience the coastal lifestyle that awaits you in Niantic!
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: per GPS
  • Financing Used: Conventional Fixed
  • In Law Apartment: Yes
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Crawl Space, Hatchway Access
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: located in garage
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 61

Exterior Features

  • Exterior Features: Deck, Gutters, Porch, Shed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access Water Community Beach Rights Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved, Asphalt
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Ductless
  • Heat Type: Baseboard, Heat Pump, Wood/Coal Stove
  • Heat Fuel Type: Electric, Oil, Other
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 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: 187
  • HOA Fee Frequency: Annually

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.23
  • Lot Description: In Subdivision Cleared Level Lot Fence - Partial
  • Flood Zone: No
  • Zoning: R10
  • Parcel #: 1473412

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5298
  • Total Assessed Value: 212940
  • Mil Rate Total: 24.88

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 7, 2023
Sold by
Alfieri Joanne M
Bought by
Dionne Susan and Jones Paul C
Seller's Agent
Kira Coon
William Raveis Real Estate
Buyer's Agent
Amber Heenan
William Raveis Real Estate
List Price
$430,000
Sold Price
$450,000
Premium/Discount to List
$20,000
4.65%
Total Days on Market
3
Views
218
Current Estimated Value
$511,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,091
Avg. Annual Appreciation
7.37%
Original Mortgage
$360,000
Outstanding Balance
$353,409
Interest Rate
6.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$157,682

Purchase Details

Listed on
Jul 15, 2022
Closed on
Oct 11, 2022
Sold by
Siedsma Paula and Siedsma Mark W
Bought by
Alfieri Joanne M
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Stephen Girouard
CENTURY 21 Shutters & Sails
List Price
$379,900
Sold Price
$430,000
Premium/Discount to List
$50,100
13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$50,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 1, 2020
Sold by
Clorite Matthew and Clorite Kelly
Bought by
Siedsma Mark and Siedsma Paula
Seller's Agent
Marilyn Lusher
RE/MAX Legends
Buyer's Agent
Michele Devanney
ERA Hart Sargis-Breen
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.79%
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2014
Sold by
Clorite Philip
Bought by
Clorite Matthew E and Lucas Kelly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2003
Sold by
Balestracci Jeffrey and Francis Balestracci N
Bought by
Guir Esteve and Ashley New House

Purchase Details

Closed on
Apr 2, 2001
Sold by
Walker Ronald J and Walker Audrey A
Bought by
Clorite Philip

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
Dionne Susan -- None Available
Alfieri Joanne M $430,000 None Available
Alfieri Joanne M $430,000 None Available
Siedsma Mark $280,000 None Available
Siedsma Mark $280,000 None Available
Clorite Matthew E $135,700 --
Guir Esteve $268,000 --
Clorite Philip $122,500 --
Clorite Matthew E $135,700 --
Clorite Philip $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dionne Susan $360,000
Previous Owner Alfieri Joanne M $50,000
Previous Owner Siedsma Mark $200,000
Previous Owner Walker Ronald J $25,000
Previous Owner Walker Ronald J $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $450,000 +4.7% $446 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $430,000 0.0% $427 / Sq Ft
10/11/2022 10/11/22 Sold $430,000 +13.2% $427 / Sq Ft
07/22/2022 07/22/22 For Sale $379,900 +35.7% $377 / Sq Ft
10/07/2020 10/07/20 Sold $280,000 0.0% $213 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $279,900 -- $213 / 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 $5,611 $212,940 $83,160 $129,780
2023 $5,298 $212,940 $83,160 $129,780
2022 $5,076 $212,940 $83,160 $129,780
2021 $4,674 $163,940 $75,180 $88,760
2020 $3,816 $134,540 $75,180 $59,360
2019 $3,793 $134,540 $75,180 $59,360
2018 $3,680 $134,540 $75,180 $59,360
2017 $3,514 $134,330 $75,180 $59,150
2016 $3,270 $128,940 $71,260 $57,680
2015 $3,186 $128,940 $71,260 $57,680
2014 $3,098 $128,940 $71,260 $57,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170581120

SmartMLS

APN: ELYM-007018-000079