$623,000 - $654,000
RENTED JAN 28, 2025
4 Beds
2.5 Baths
1,314 Sq Ft
$488 Price per Sq Ft

Last Sold June 27, 2024

Last sale price $570,000 $434 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,122/month

Highlights

  • Beach Access
  • Colonial Architecture
  • 1 Fireplace
  • East Lyme Middle School Rated A-
  • Attic
  • Patio

About This Home

As of January 2025

Great ACADEMIC RENTAL as well as A MIDTERM RENTAL for traveling professionals looking for short term living options. Close to Connecticut College, Lawrence & Memorial Hospital, Naval Sub Base and more. This newly furnished, 4 bedroom beach house is steps away from Black Point Beach with lots to do! Private playground, basketball, tennis courts and more. Niantic has great restaurants, shops, a museum and boardwalk. A short drive to Mohegan Sun, Rocky Neck, Mystic and the Ferry to Block Island! Don't miss your opportunity to rent this charming home! This home rents weekly from June to September.

Last Agent to Rent the Property

Jeannine Peterson

Peterson Realty, LLC License #REB.0792086 Listed on: 10/25/2024

Last Renter's Agent

Non Member Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,702

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned R12

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,314 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Private Driveway

Outdoor Features

  • Beach Access
  • Patio

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1472442

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,702

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Lease Price Description: Per Month
  • Pets Allowed: No
  • Rental Duration: Flexible Terms Furnished, Month-to-Month Furnished, Short Term Furnished, Academic Year Furnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: Black Point
  • Property Type: Residential Rental
  • Style: Colonial, Bungalow
  • Sq Ft Est Heated Above Grade: 1314
  • Total Sq Ft: 1314
  • Year Built: 1930
  • New Construction: No/Resale
  • Remarks Public Addendum: Agent is owner
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Per gps
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 1314
  • Street Type: Road
  • Tenant Responsibility: Cable TV Credit Check Insurance
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: First floor
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Beach Rights
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Private, Unpaved
  • Total Parking Spaces: 3
  • Garage And Parking: None, Driveway, Unpaved

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer In Street

Schools

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

Lot Info

  • Acres: 0.11
  • Lot Description: Level Lot Water View
  • Flood Zone: No
  • Zoning: R12
  • Parcel #: 1472442

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Jun 27, 2024
Sold by
Carlson Karl R and Carlson Janet A
Bought by
Peterson Gregory S
Seller's Agent
Paula Stuart
Berkshire Hathaway NE Prop.
Buyer's Agent
Jeannine Peterson
Peterson Realty, LLC
List Price
$679,000
Sold Price
$570,000
Premium/Discount to List
-$109,000
-16.05%
Views
467
Current Estimated Value
$640,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,829
Avg. Annual Appreciation
9.66%
Original Mortgage
$427,500
Outstanding Balance
$422,433
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,396

Purchase Details

Closed on
Sep 17, 2007
Sold by
Dowling John and Dowling Joanne
Bought by
Carlson Karl and Carlson Jane

Purchase Details

Closed on
Jun 23, 1999
Sold by
Kennedy Marita A
Bought by
Dowling John E and Dowling Joanne M
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Peterson Gregory S $570,000 None Available
Peterson Gregory S $570,000 None Available
Carlson Karl $412,500 --
Dowling John E $145,000 --
Carlson Karl $412,500 --
Dowling John E $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Gregory S $427,500
Closed Peterson Gregory S $427,500
Previous Owner Dowling John E $300,000
Previous Owner Dowling John E $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Rented $3,000 -6.3% --
01/14/2025 01/14/25 Under Contract -- -- --
12/02/2024 12/02/24 Price Changed $3,200 -8.6% $2 / Sq Ft
11/14/2024 11/14/24 Price Changed $3,500 -12.5% $3 / Sq Ft
10/25/2024 10/25/24 For Rent $4,000 0.0% --
06/27/2024 06/27/24 Sold $570,000 -4.8% $434 / Sq Ft
06/08/2024 06/08/24 Price Changed $599,000 -4.2% $456 / Sq Ft
05/09/2024 05/09/24 Price Changed $625,000 -3.7% $476 / Sq Ft
04/26/2024 04/26/24 Price Changed $649,000 -4.4% $494 / Sq Ft
02/26/2024 02/26/24 For Sale $679,000 -- $517 / 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 $8,702 $310,660 $193,970 $116,690
2024 $8,186 $310,660 $193,970 $116,690
2023 $7,626 $306,530 $193,970 $112,560
2022 $7,308 $306,530 $193,970 $112,560
2021 $7,105 $249,200 $168,140 $81,060
2020 $7,067 $249,200 $168,140 $81,060
2019 $7,025 $249,200 $168,140 $81,060
2018 $6,816 $249,200 $168,140 $81,060
2017 $6,519 $249,200 $168,140 $81,060
2016 $6,213 $245,000 $168,140 $76,860
2015 $6,054 $245,000 $168,140 $76,860
2014 $5,887 $245,000 $168,140 $76,860
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 24034431

SmartMLS

APN: ELYM-005011-000001