7 Lantern Ln Niantic, CT 06357
Estimated Value: $401,000 - $581,000
3
Beds
2
Baths
1,773
Sq Ft
$257/Sq Ft
Est. Value
Highlights
- Beach Front
- Open Floorplan
- Property is near public transit
- East Lyme Middle School Rated A-
- Deck
- Ranch Style House
About This Home
As of September 2020Beautifully decorated 3 bedroom, 2 full bath Ranch, with an open floor plan and nice Culinary Kitchen and Table Bar to fulfill all your entertaining needs. Downstairs there is a large family room, with a wood stove, utility room, bar area, bedroom, and large full bath. The downstairs could possibly be utilized for a potential in-law or private living space with a separate outside entrance and parking area. Some amenities include hardwood floors, crown molding, and a very spacious outside deck for summer time barbecues and family get together s. There is a very private fenced in backyard having sun and shade and a large outside building at the end of the property. The yard is flat and is decorated with many beautiful trees, plantings and garden area. The home is local to beautiful downtown Niantic, filled with may shops, restaurants, and beach activities. A perfect home for a retirement or a new home buy scenario with single floor living! Don't miss out on this home!
Last Agent to Sell the Property
CR Premier Properties License #RES.0811459 Listed on: 05/14/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,522
Year Built
- Built in 1962
Lot Details
- 0.48 Acre Lot
- Beach Front
- Level Lot
- Open Lot
- Partially Wooded Lot
Home Design
- Ranch Style House
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- Open Floorplan
- Ceiling Fan
- Attic or Crawl Hatchway Insulated
- Laundry on lower level
Kitchen
- Oven or Range
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Parking Deck
- Off-Street Parking
Outdoor Features
- Deck
- Rain Gutters
Location
- Property is near public transit
- Property is near shops
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- Heating System Uses Wood
- Tankless Water Heater
- Hot Water Circulator
- Fuel Tank Located in Basement
- Cable TV Available
Community Details
- No Home Owners Association
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2020
Closed on
Aug 31, 2020
Sold by
Edwards Hunter and Edwards Michelle
Bought by
Otto Samantha and Otto Ryan
Seller's Agent
Michael Deyorio
CR Premier Properties
Buyer's Agent
Michael Saccoccio
Coldwell Banker Realty
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Total Days on Market
14
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
$155,122
Avg. Annual Appreciation
9.13%
Original Mortgage
$306,900
Outstanding Balance
$275,427
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$179,695
Purchase Details
Listed on
Jun 8, 2018
Closed on
Jul 31, 2018
Sold by
Mgregor Derek
Bought by
Deyorio Michelle
Seller's Agent
Amanda Gaudette
William Pitt Sotheby's Int'l
Buyer's Agent
Wendy Flis
William Raveis Real Estate
List Price
$254,900
Sold Price
$260,000
Premium/Discount to List
$5,100
2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$260,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 17, 2014
Closed on
Aug 18, 2014
Sold by
Roads Jonathan M
Bought by
Mcgregor Derek A
Seller's Agent
Linda Johnson-Hille
RE/MAX on the Bay
Buyer's Agent
Geoffrey Hausmann
RE/MAX on the Bay
List Price
$234,900
Sold Price
$239,000
Premium/Discount to List
$4,100
1.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$191,200
Interest Rate
4.09%
Mortgage Type
New Conventional
Similar Homes in Niantic, CT
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Otto Samantha | $300,000 | None Available | |
| Deyorio Michelle | $260,000 | -- | |
| Mcgregor Derek A | $239,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Otto Samantha | $306,900 | |
| Previous Owner | Mcgregor Derek A | $260,000 | |
| Previous Owner | Mcgregor Derek A | $191,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2020 09/01/20 | Sold | $300,000 | +1.7% | $169 / Sq Ft |
| 05/28/2020 05/28/20 | Pending | -- | -- | -- |
| 05/14/2020 05/14/20 | For Sale | $295,000 | +13.5% | $166 / Sq Ft |
| 07/31/2018 07/31/18 | Sold | $260,000 | +2.0% | $147 / Sq Ft |
| 06/09/2018 06/09/18 | Pending | -- | -- | -- |
| 06/08/2018 06/08/18 | For Sale | $254,900 | +6.7% | $144 / Sq Ft |
| 08/12/2014 08/12/14 | Sold | $239,000 | +1.7% | $114 / Sq Ft |
| 06/25/2014 06/25/14 | Pending | -- | -- | -- |
| 06/17/2014 06/17/14 | For Sale | $234,900 | -- | $112 / 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 | $5,480 | $207,970 | $86,730 | $121,240 |
| 2023 | $5,174 | $207,970 | $86,730 | $121,240 |
| 2022 | $4,958 | $207,970 | $86,730 | $121,240 |
| 2021 | $4,546 | $159,460 | $82,390 | $77,070 |
| 2020 | $4,522 | $159,460 | $82,390 | $77,070 |
| 2019 | $4,495 | $159,460 | $82,390 | $77,070 |
| 2017 | $3,778 | $144,410 | $82,390 | $62,020 |
| 2015 | $3,425 | $138,600 | $78,050 | $60,550 |
| 2014 | $3,201 | $133,210 | $78,050 | $55,160 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Deyorio
Seller's Agent in 2020
Michael Deyorio
CR Premier Properties
(413) 348-5797
3 in this area
38 Total Sales
-
Michael Saccoccio
Buyer's Agent in 2020
Michael Saccoccio
Coldwell Banker Realty
(401) 465-2661
2 in this area
131 Total Sales
-
Amanda Gaudette
Seller's Agent in 2018
Amanda Gaudette
William Pitt
(860) 859-7610
26 in this area
113 Total Sales
-
Wendy Flis
Buyer's Agent in 2018
Wendy Flis
William Raveis Real Estate
(860) 250-3887
2 Total Sales
-
Linda Johnson-Hille
Seller's Agent in 2014
Linda Johnson-Hille
RE/MAX
(860) 460-1670
9 in this area
79 Total Sales
-
Geoffrey Hausmann
Buyer's Agent in 2014
Geoffrey Hausmann
RE/MAX
(860) 625-5255
3 in this area
130 Total Sales
Map
Source: SmartMLS
MLS Number: 170295347
APN: 15.4 125
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