NOT LISTED FOR SALE

Estimated Value: $812,437 - $1,009,000

3 Beds
2 Baths
2,067 Sq Ft
$453/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $450,000 $218 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,948/month

41 Days on Market

Highlights

  • Beach Front
  • Above Ground Pool
  • Deck
  • East Lyme Middle School Rated A-
  • Open Floorplan
  • 2-minute walk to Pine Grove

About This Home

As of May 2018

SUMMER IS QUICKLY APPROACHING! COME SEE THIS WATERFRONT HOME in private beach community of Pine Grove that requires NO flood insurance!! Don't miss this rare opportunity to own a home on Cherry Street and enjoy water views from most every room to the Niantic River out to L.I. Sound!! This home boasts hard wood floors through out, newly renovated kitchen with stainless appliances (including 37 cubic ft refrigerator). Formal dining room with french doors leading to Spacious Living Room (great room) with breathtaking views!! Sliding door out to 36' deck with inset above ground 15X30X52 Pool. Plenty of space to party or just drink in the beauty. Take the stairs to access water with legally registered mooring and pole (inspected). This home sits on a fenced in quarter acre level lot - room for gardening and growing! Furnace replaced in 2003, water heater 2014, 200 amp service updated 2003, fifty year roof installed 2003. Newly constructed two car detached garage great for additional storage!. Pine Grove is a hidden gem with a state of the art playground, horse shoes, basketball court, baseball field, gazebo, two public docks and two private beach areas for the community. Plenty of parking for guests to participate in our annual picnic, field day, movie nights, tag sales, or launch your kayak!! We boast EXCELLENT SCHOOLS in the FB fan favorite seaside village of Niantic. DON'T MISS THIS ELEVATED WATERFRONT HOME NEEDS NO FLOOD INSURANCE!! Priced below appraised value.

Last Agent to Sell the Property

Wendy Roth

Berkshire Hathaway NE Prop. License #RES.0793885 Listed on: 02/21/2018

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Cary Marcoux

RE/MAX Bell Park Realty License #REB.0754402

RE/MAX Bell Park Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,802

Year Built

  • Built in 1920

Lot Details

  • 0.27 Acre Lot
  • Beach Front
  • River Front
  • Level Lot
  • Garden
  • Property is zoned R10

Home Design

  • Cottage
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Concrete Flooring
  • Water Views

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Smart Thermostat
  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Above Ground Pool
  • Deck
  • Outdoor Grill
  • Rain Gutters

Schools

  • Niantic Center Elementary School
  • East Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pine Grove Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,802

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 1967
  • Public Record Living Room Sq Ft: 1967
  • Sq Ft Est Heated Below Grade: 100
  • Total Sq Ft: 2067
  • Year Built: 1920
  • Nearby Amenities: Basketball Court, Playground/Tot Lot
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2993
  • Directions: I95 to exit 72 turn left onto W. main st, turn left onto Pennsylvania ave. take 3rd rt onto Smith Street take 2nd left onto Pine Grove Rd, take 1st right onto South St, take second left onto Cherry St.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Partial, Crawl Space, Concrete Floor
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: second floor
  • Laundry Room Info: Upper Level
  • Attic: No
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Deck, Garden Area, Grill, Gutters, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, River, Dock or Mooring, Beach
  • Swimming Pool: Yes
  • Pool: Above Ground Pool
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Fireplace Insert, Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.2700
  • Lot Description: Water View, Level Lot, Fence - Full
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 10802
  • Mil Rate Base: 26.160
  • Assessor Parcel Number: 1468964

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
Feb 21, 2018
Closed on
May 8, 2018
Sold by
Stelling Paul and Stelling Cindy
Bought by
Lagace Karen and Lagace Francis
Seller's Agent
Wendy Roth
Berkshire Hathaway NE Prop.
Buyer's Agent
Cary Marcoux
RE/MAX Bell Park Realty
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$935,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,859
Avg. Annual Appreciation
10.03%
Original Mortgage
$427,500
Outstanding Balance
$368,515
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$567,344

Purchase Details

Closed on
Mar 4, 2013
Sold by
Stelling Paul A
Bought by
Stelling Cindy L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lagace Karen $450,000 --
Stelling Cindy L -- --
Lagace Karen $450,000 --
Stelling Cindy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stelling Cindy L $427,500
Closed Stelling Cindy L $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $450,000 -5.3% $218 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $475,000 -- $230 / 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 $12,525 $447,160 $321,440 $125,720
2024 $11,783 $447,160 $321,440 $125,720
2023 $11,125 $447,160 $321,440 $125,720
2022 $10,660 $447,160 $321,440 $125,720
2021 $11,906 $417,620 $319,340 $98,280
2020 $11,844 $417,620 $319,340 $98,280
2019 $11,702 $415,100 $319,340 $95,760
2018 $11,353 $415,100 $319,340 $95,760
2017 $10,802 $412,930 $319,340 $93,590
2016 $11,475 $452,480 $347,130 $105,350
2015 $11,181 $452,480 $347,130 $105,350
2014 $10,873 $452,480 $347,130 $105,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170053868

SmartMLS

APN: ELYM-001707-000020