7 Echo Rd Niantic, CT 06357
Estimated Value: $315,318 - $363,000
3
Beds
1
Bath
1,008
Sq Ft
$338/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Attic
- Patio
- East Lyme Middle School Rated A-
- No HOA
- Private Driveway
About This Home
As of August 2020PRICED TO BUY and move right in!! This DARLING NIANTIC 3 BEDROOM Ranch is located in the desirable Gordon Lake neighborhood! You will absolutely love the large flat back yard ready and waiting for you this season! Priced right for you to move in with its newly finished gleaming hardwood floors, freshly painted throughout and updated bathroom! Terrific OPPORTUNITY and VALUE for you to get into this great town, neighborhood and setting! . This home would also be great as an investment too!! Private Lake access available with reasonable membership fees. DO NOT MISS THIS ONE!
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0792739 Listed on: 05/22/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,500
Year Built
- Built in 1960
Lot Details
- 0.42 Acre Lot
- Level Lot
- Property is zoned R40
Parking
- Private Driveway
Home Design
- Ranch Style House
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
Interior Spaces
- 1,008 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Attic or Crawl Hatchway Insulated
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Patio
Schools
- East Lyme High School
Utilities
- Heating System Uses Oil
- Electric Water Heater
- Fuel Tank Located in Basement
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2020
Closed on
Jul 13, 2020
Sold by
Mcswain James
Bought by
Drajewicz Maryjane and Massaro Nicole
Seller's Agent
Lisa Bernard
Coldwell Banker Realty
Buyer's Agent
Robert Demarinis
Coldwell Banker Realty
List Price
$198,500
Sold Price
$225,000
Premium/Discount to List
$26,500
13.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,330
Avg. Annual Appreciation
8.40%
Original Mortgage
$227,262
Outstanding Balance
$203,753
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$129,717
Purchase Details
Closed on
Dec 11, 1998
Sold by
Smith Rufus V and Smith Shelly
Bought by
Mcswain James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,400
Interest Rate
6.8%
Purchase Details
Closed on
Jan 22, 1988
Sold by
Clement Diane
Bought by
Smith Rufus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.64%
Similar Homes in Niantic, CT
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Drajewicz Maryjane | $225,000 | None Available | |
| Mcswain James | $123,600 | -- | |
| Smith Rufus | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Drajewicz Maryjane | $227,262 | |
| Previous Owner | Smith Rufus | $35,000 | |
| Previous Owner | Smith Rufus | $117,700 | |
| Previous Owner | Smith Rufus | $117,400 | |
| Previous Owner | Smith Rufus | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2020 08/04/20 | Sold | $225,000 | +13.4% | $223 / Sq Ft |
| 05/27/2020 05/27/20 | Pending | -- | -- | -- |
| 05/22/2020 05/22/20 | For Sale | $198,500 | -- | $197 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $4,436 | $168,350 | $85,050 | $83,300 |
| 2023 | $4,189 | $168,350 | $85,050 | $83,300 |
| 2022 | $4,013 | $168,350 | $85,050 | $83,300 |
| 2021 | $3,610 | $126,630 | $68,040 | $58,590 |
| 2020 | $3,500 | $123,410 | $68,040 | $55,370 |
| 2019 | $3,479 | $123,410 | $68,040 | $55,370 |
| 2018 | $3,375 | $123,410 | $68,040 | $55,370 |
| 2017 | $3,228 | $123,410 | $68,040 | $55,370 |
| 2016 | $3,414 | $134,610 | $80,780 | $53,830 |
| 2015 | $3,326 | $134,610 | $80,780 | $53,830 |
| 2014 | $3,235 | $134,610 | $80,780 | $53,830 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Bernard
Seller's Agent in 2020
Lisa Bernard
Coldwell Banker Realty
(860) 287-0508
15 in this area
114 Total Sales
-
Robert Demarinis
Buyer's Agent in 2020
Robert Demarinis
Coldwell Banker Realty
(860) 333-7848
3 in this area
33 Total Sales
Map
Source: SmartMLS
MLS Number: 170296897
APN: ELYM-002101-000090
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 91 Riverview Rd Unit 9B
- 8 Sycamore Rd
- 9 Knollwood Rd
- 64 Society Rd
- 5 Marjories Way
- 1 Dogwood Ln
- 47 Whiting Farm Ln Unit 47
- 205 Flanders Rd
- 80 Roxbury Rd
- 120 E Pattagansett Rd
- 114 Dean Rd
- 6 Kaatskill Ln
- 6 Stoneywood Dr
- 6 Jeremy Dr
- 34 Willow Ln
- 4 Amberly Ln
- 11 King Arthur Dr Unit 6G
- 81 E Pattagansett Rd Unit 17
- 81 E Pattagansett Rd Unit 52
- 46 Quarry Dock Rd