$549,000 - $608,478
RENTED JAN 28, 2025

7 Whitecap Rd Niantic, CT 06357

4 Beds
3 Baths
1,314 Sq Ft
$448 Price per Sq Ft

Last Sold June 27, 2024

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

Est. 3% increase in value since last sale

Current estimated payment $3,958/month

About This Home

As of June 2024

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.

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
$588,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,120
Avg. Annual Appreciation
4.67%
Original Mortgage
$427,500
Outstanding Balance
$425,738
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$166,812

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

Range of Values:

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ICE

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First American

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Quantarium

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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 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 Carlson Janet A $248,000
Previous Owner Kennedy Marita A $300,000
Previous Owner Kennedy Marita A $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

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
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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