NOT LISTED FOR SALE

7 Chadwick Place Niantic, CT 06357

Estimated Value: $344,000 - $424,000

3 Beds
1 Bath
1,008 Sq Ft
$379/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $238,000 $236 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,349/month

103 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • No HOA
  • East Lyme Middle School Rated A-
  • Mud Room
  • 1-minute walk to Rocky Neck State Park

About This Home

As of December 2020

Great opportunity to own this unique property directly across from Rocky Neck State Park with commercial (CA)opportunities and or residential use. Possible retail, Inn, Office and more for this rare parcel location. Enjoy strolling into Rocky Neck Park to enjoy the trails and beach. Easy highway access. Close to Niantic town center. Currently being used as a residential home with 3 bedrooms 1 bath. Central AC Open floor plan, cathedral ceilings. 19X15 Workshop, storage room.

Last Agent to Sell the Property

Linda Barrett

Berkshire Hathaway NE Prop. License #RES.0776769 Listed on: 07/03/2020

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,361

Year Built

  • Built in 1960

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot
  • Property is zoned CA

Parking

  • Attached Carport

Home Design

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

Interior Spaces

  • 1,008 Sq Ft Home
  • Mud Room
  • Workshop
  • Partial Basement

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Schools

  • East Lyme High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Walking Distance to Water
  • Property is near shops

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,361

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1008
  • Public Record Living Room Sq Ft: 1008
  • Total Sq Ft: 1008
  • Year Built: 1960
  • Nearby Amenities: Park, Public Rec Facilities, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2767
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Exit 72 off I-95 (Rocky Neck exit) Left at light. Home directly across from Rocky Neck entrance on the corner of W. Main and Chadwick
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Partial
  • Appliances: Oven/Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Mud Room, Workshop
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Carport

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.2100
  • Lot Description: Corner Lot, Fence - Partial
  • Zoning: CA

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3361
  • Mil Rate Base: 28.360
  • Assessor Parcel Number: 1466545

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Nov 27, 2020
Sold by
Roberts Jacqueline B
Bought by
Vermaak Theo C
Seller's Agent
Linda Barrett
Berkshire Hathaway NE Prop.
Buyer's Agent
Non Member
Non-Member
List Price
$229,000
Sold Price
$238,000
Premium/Discount to List
$9,000
3.93%
Current Estimated Value
$381,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,905
Avg. Annual Appreciation
9.66%
Original Mortgage
$233,689
Outstanding Balance
$208,424
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$173,481

Purchase Details

Closed on
Jun 30, 1999
Sold by
Giacalone Joseph F and Giacalone Joyce B
Bought by
Gergler Thomas E

Purchase Details

Closed on
Dec 16, 1987
Sold by
Sanford Roy
Bought by
Giacalone Joseph
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
Vermaak Theo C $238,000 None Available
Gergler Thomas E $93,000 --
Giacalone Joseph $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vermaak Theo C $233,689
Previous Owner Giacalone Joseph $204,025
Previous Owner Giacalone Joseph $205,200
Previous Owner Giacalone Joseph $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2020 12/09/20 Sold $238,000 +3.9% $236 / Sq Ft
10/26/2020 10/26/20 For Sale $229,000 -3.8% $227 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
07/19/2020 07/19/20 Off Market $238,000 -- --
07/19/2020 07/19/20 Pending -- -- --
07/15/2020 07/15/20 Price Changed $229,000 -7.5% $227 / Sq Ft
07/11/2020 07/11/20 For Sale $247,700 0.0% $246 / Sq Ft
08/14/2015 08/14/15 Rented $1,300 -13.3% --
07/31/2015 07/31/15 Under Contract -- -- --
07/01/2015 07/01/15 For Rent $1,500 -- --
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 $4,372 $156,100 $50,400 $105,700
2024 $4,113 $156,100 $50,400 $105,700
2023 $3,884 $156,100 $50,400 $105,700
2022 $3,721 $156,100 $50,400 $105,700
2021 $3,423 $120,050 $58,170 $61,880
2020 $3,361 $118,510 $58,170 $60,340
2019 $3,341 $118,510 $58,170 $60,340
2018 $3,241 $118,510 $58,170 $60,340
2017 $3,100 $118,510 $58,170 $60,340
2016 $2,766 $109,060 $50,400 $58,660
2015 $2,695 $109,060 $50,400 $58,660
2014 $2,621 $109,060 $50,400 $58,660
Source: Public Records

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Map

Source: SmartMLS

MLS Number: 170312618

SmartMLS

APN: ELYM-000904-000017