$260,000
SOLD JUL 31, 2018

7 Lantern Ln Niantic, CT 06357

3 Beds
2 Baths
1,773 Sq Ft
0.48 Acres

Recently Sold

$147 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • Open Floorplan
  • Fruit Trees
  • Ranch Style House
  • East Lyme Middle School Rated A-
  • Deck
  • Attic

About This Home

As of September 2020

Move in ready 3 bed 2 bath Ranch in a quiet yet convenient Niantic neighborhood. Remodeled kitchen and baths, hardwood floors, crown molding and french doors are a few of the features that set this one apart. Expansive decking off the kitchen overlooks nearly a half acre, picturesque backyard which affords privacy.

Last Agent to Sell the Property

Amanda Gaudette

William Pitt Sotheby's Int'l License #RES.0784854 Listed on: 06/08/2018

William Pitt Sotheby's Int'l

Last Buyer's Agent

Wendy Flis

William Raveis Real Estate License #RES.0770844

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,778

Year Built

  • Built in 1962

Lot Details

  • 0.48 Acre Lot
  • Level Lot
  • Open Lot
  • Fruit Trees
  • Property is zoned R40

Home Design

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

Interior Spaces

  • Open Floorplan
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated
  • Laundry on lower level

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Deck
  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Deck

Schools

  • Lillie B. Haynes Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,778

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1050
  • Public Record Living Room Sq Ft: 1050
  • Sq Ft Est Heated Below Grade: 723
  • Total Sq Ft: 1773
  • Year Built: 1962
  • Nearby Amenities: Library, Park
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 2336
  • Directions: Roxbury to Carriage Hill to Surrey to Johnny Cake to Lantern
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Fully Finished, Concrete Floor
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: Lower Level
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck, Fruit Trees
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved
  • Driveway Type: Paved, Gravel

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Lillie B. Haynes
  • Middle School: East Lyme
  • High School: East Lyme

Lot Info

  • Acres: 0.4800
  • Lot Description: Open Lot, Level Lot, Fence - Full
  • Flood Zone: No
  • Zoning: R40

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3778
  • Total Assessed Value: 144410
  • Mil Rate Base: 26.160
  • Mil Rate Total: 26.160
  • Assessor Parcel Number: 1467981

MLS Schools

  • Elementary School: Lillie B. Haynes
  • Middle Jr High School: East Lyme
  • High School: East Lyme

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%
Current Estimated Value
$456,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,418
Avg. Annual Appreciation
8.75%
Original Mortgage
$306,900
Outstanding Balance
$272,971
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$183,447

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
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed $300,000 None Available
Warranty Deed $260,000 --
Deed $239,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,900 New Conventional
Previous Owner $260,000 Purchase Money Mortgage
Previous Owner $191,200 New Conventional
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

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 $5,825 $207,970 $86,730 $121,240
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

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Map

Source: SmartMLS

MLS Number: 170092955

SmartMLS

APN: 15.4 125