NOT LISTED FOR SALE

7 Echo Rd Niantic, CT 06357

Estimated Value: $346,000 - $412,000

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

Sale Details

Date Sold: August 4, 2020

Last sale price $225,000 $223 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,451 / mo

5 Days on Market

Highlights

  • Ranch Style House
  • Attic
  • Patio
  • East Lyme Middle School Rated A-
  • No HOA
  • Private Driveway

About This Home

As of August 2020

PRICED 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

Lisa Bernard

Coldwell Banker Realty License #RES.0792739 Listed on: 05/22/2020

Coldwell Banker Realty

Last Buyer's Agent

Robert Demarinis

Coldwell Banker Realty License #RES.0802071

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1960

Lot Details

  • 18,295 Sq Ft 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 1960

Lot Details

0.42 Acres

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
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2416
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Riverview to Echo- GPS friendy
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Full With Hatchway, Unfinished
  • Appliances: Electric Cooktop, Cook Top, Microwave, Refrigerator, Dishwasher
  • Attic: Yes

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Shake
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.4200
  • Lot Description: Level Lot
  • Zoning: R40

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3500
  • Mil Rate Base: 28.360
  • Assessor Parcel Number: 1469425

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 13, 2020
Sold by
Bought by
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
$381,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,714
Avg. Annual Appreciation
9.41%
Original Mortgage
$227,262
Outstanding Balance
$201,521
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,193

Purchase Details

Closed on
Dec 11, 1998
Sold by
Bought by

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
Bought by

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,000 None Available
$123,600 --
$125,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $227,262
Previous Owner $35,000
Previous Owner $117,700
Previous Owner $117,400
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,715 $168,350 $85,050 $83,300
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

    88 Total Sales

    Lisa Bernard
    Section Image
  • Robert Demarinis

    Buyer's Agent in 2020

    Robert Demarinis

    Coldwell Banker Realty

    (860) 333-7848

    24 Total Sales

    Robert Demarinis
    Section Image
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Map

Source: SmartMLS

MLS Number: 170296897

SmartMLS

APN: ELYM-002101-000090

Connecticut New London County Niantic 06357

7 Echo Rd, Niantic, CT

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