$315,000
SOLD JUN 25, 2021

7 River Rd East Lyme, CT 06333

2 Beds
1 Bath
1,166 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

5% Above List Price

1 Day on Market

About This Home

As of June 2021

Welcome home! Charming, cozy, and solid 2 bedroom 1 bath bungalow style home with deeded water access to the Niantic River! Enjoy incredible views from the main level, and hiking/walking trails that are practically at your doorstep! Main level square footage is 854 and features a gas fireplaced living room, 2 enclosed porches on the front and back of the home, eat in kitchen, 2 bedrooms and a full bath. Upstairs in the second story loft there is an additional 312 square feet of space! As a bonus, there is a 1 car detached garage that is perfect for parking, or stashing the paddle boards or kayaks! You will appreciate the period details of cottage windows, built ins, and no carpeting! Yes, there are wood floors throughout! A very sweet house with water views not typically found in a $300,000 home, and the convenient location to just about everything makes this a simple choice! Subject to seller securing housing.

Last Agent to Sell the Property

Beth Cote

William Pitt Sotheby's Int'l License #REB.0754323 Listed on: 05/17/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Margaret Wilcox

William Raveis Real Estate License #RES.0765012

William Raveis Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,947

Year Built

1934

Lot Details

0

Listing Details

  • Neighborhood: Golden Spur
  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 1166
  • Public Record Living Room Sq Ft: 854
  • Total Sq Ft: 1166
  • Year Built: 1934
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1742
  • Directions: Use GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Partial With Hatchway
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan
  • Appliances: Gas Range, Refrigerator, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Porch-Enclosed, Shed
  • Exterior Siding: Asbestos
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Water Community, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Bottle Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.2300
  • Lot Description: Water View
  • Zoning: R10

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4105
  • Total Assessed Value: 144760
  • Mil Rate Base: 28.360
  • Mil Rate Total: 28.360
  • Assessor Parcel Number: 1471132

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 25, 2021
Sold by
Cote Renee
Bought by
Deputy Linda D
Seller's Agent
Beth Cote
William Pitt Sotheby's Int'l
Buyer's Agent
Margaret Wilcox
William Raveis Real Estate
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%
Current Estimated Value
$413,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,900
Avg. Annual Appreciation
6.41%
Original Mortgage
$309,294
Outstanding Balance
$281,850
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$124,755

Purchase Details

Listed on
Jul 4, 2017
Closed on
Aug 31, 2018
Sold by
Jakobsohn Riky
Bought by
Cote Renee
Seller's Agent
Ferdinand Giacinto
RE/MAX on the Bay
Buyer's Agent
Beth Cote
William Pitt Sotheby's Int'l
List Price
$219,900
Sold Price
$182,000
Premium/Discount to List
-$37,900
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%
Original Mortgage
$176,540
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2013
Closed on
Feb 21, 2014
Sold by
Miller Rebecca M
Bought by
Czaplewski Riky
Seller's Agent
Kathleen Coleman
William Raveis Real Estate
Buyer's Agent
Kathleen Coleman
William Raveis Real Estate
List Price
$139,500
Sold Price
$142,000
Premium/Discount to List
$2,500
1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$139,428
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2007
Sold by
Fitzpatrick Ronald and Fitzpatrick Barbara
Bought by
Miller Rebecca
Source: Public Records

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Range of Values:

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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 $315,000 None Available
Warranty Deed $315,000 None Available
Warranty Deed $182,000 --
Warranty Deed $142,000 --
Warranty Deed $245,000 --
Warranty Deed $182,000 --
Warranty Deed $142,000 --
Warranty Deed $245,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $309,294 FHA
Closed $309,294 FHA
Previous Owner $182,955 Stand Alone Refi Refinance Of Original Loan
Previous Owner $176,540 New Conventional
Previous Owner $139,428 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $315,000 +5.0% $270 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $299,900 +64.8% $257 / Sq Ft
08/30/2018 08/30/18 Sold $182,000 -4.2% $213 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
04/14/2018 04/14/18 Price Changed $189,900 -5.1% $222 / Sq Ft
10/21/2017 10/21/17 Price Changed $200,000 -9.0% $234 / Sq Ft
07/04/2017 07/04/17 For Sale $219,900 +54.9% $257 / Sq Ft
02/21/2014 02/21/14 Sold $142,000 +1.8% $141 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $139,500 -- $139 / 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 $4,947 $176,610 $98,980 $77,630
2024 $4,654 $176,610 $98,980 $77,630
2023 $4,394 $176,610 $98,980 $77,630
2022 $4,210 $176,610 $98,980 $77,630
2021 $4,127 $144,760 $94,010 $50,750
2020 $4,105 $144,760 $94,010 $50,750
2019 $4,081 $144,760 $94,010 $50,750
2018 $3,959 $144,760 $94,010 $50,750
2017 $3,787 $144,760 $94,010 $50,750
2016 $3,632 $143,220 $89,040 $54,180
2015 $3,539 $143,220 $89,040 $54,180
2014 $3,442 $143,220 $89,040 $54,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170400306

SmartMLS

APN: ELYM-003201-000009