NOT LISTED FOR SALE

Estimated Value: $691,000 - $990,000

2 Beds
2.5 Baths
1,741 Sq Ft
$471/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $620,000 $356 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,182/month

33 Days on Market

Highlights

  • Guest House
  • River Front
  • Deck
  • East Lyme Middle School Rated A-
  • 0.49 Acre Lot
  • Attic

About This Home

As of November 2020

** 3D/VR Tour AND Video Walkthroughs Are Available! ** This remarkable Bungalow home that was completely gutted to the studs & it's high and dry above the nearby flood zone while at the same time, being just a 433' walk to Niantic River (mooring is approved), the marinas, and downtown. The front porch and most rooms capture Niantic Bay views. All finishes in this home are premium high-grade materials including the Cedar Impressions siding, 50 yr. shingles, Icynene spray foam insulation in the walls/attic for peak energy efficiency, 97% Efficient propane-fired HVAC system with A/C and On-Demand domestic hot water, custom cabinetry and countertops which include a 1-piece soapstone Kitchen sink, the Master Bath is breathtaking with the tiled shower which has 2 heads + Rain showerhead from above. The 2nd floor is an open-concept space currently with the east-facing dormer that provides a commanding view of Niantic River, the Niantic River bridge, and marinas. There's a full bath on the 2nd floor. If you want a large level back yard, you found it! This 1/2 acre lot has the potential for an in-ground pool. The lot is professionally landscaped with lawn irrigation. The sale includes a detached seasonal cottage for use as an office or sleeping quarters for friends or family. That space is unheated, but a ductless mini-split could expand that use. That detached structure has its own septic system & water is not hooked up currently. Furnishings are available outside the home purchase.

Last Agent to Sell the Property

Gregory Hanner

Garden Realty License #REB.0788235 Listed on: 10/02/2020

Last Buyer's Agent

Matt Diamond

Houlihan Lawrence WD License #RES.0766880

Houlihan Lawrence WD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,361

Year Built

  • Built in 1938

Lot Details

  • 0.49 Acre Lot
  • River Front
  • Level Lot
  • Sprinkler System
  • Property is zoned R10

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,741 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Water Views

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Home Security

  • Smart Thermostat
  • Storm Doors

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near shops
  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Programmable Thermostat
  • Tankless Water Heater
  • Propane Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Guest House

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,361

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 1741
  • Public Record Living Room Sq Ft: 1741
  • Total Sq Ft: 1741
  • Year Built: 1938
  • Nearby Amenities: Golf Course, Park, Public Pool, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 3704
  • Directions: 72 Smith St is GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Crawl Space, Storage Space
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor, Interior Access
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Gas Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: In Master Bathroom
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 72

Exterior Features

  • Exterior Features: Deck, Guest House, Gutters, Lighting, Patio, Porch, Underground Sprinkler
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, River, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 1
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Extra Insulation, Programmable Thermostat, Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.4900
  • Lot Description: Water View, Level Lot, Professionally Landscaped
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6361
  • Total Assessed Value: 224280
  • Mil Rate Base: 28.360
  • Mil Rate Total: 28.360
  • Assessor Parcel Number: 1468630

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

Closed on
Dec 2, 2021
Sold by
Renaissance City Dev Assn
Bought by
New London City Of
Current Estimated Value
$819,257

Purchase Details

Closed on
Feb 10, 1993
Sold by
Gindek Michael
Bought by
Whiting Ellsworth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
New London City Of -- None Available
Whiting Ellsworth $119,000 --
Whiting Ellsworth $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whiting Ellsworth $67,461
Previous Owner Whiting Ellsworth $145,000
Previous Owner Whiting Ellsworth $109,000
Previous Owner Whiting Ellsworth $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $620,000 -3.0% $356 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
10/26/2020 10/26/20 Price Changed $639,000 -6.0% $367 / Sq Ft
10/10/2020 10/10/20 For Sale $680,000 -- $391 / 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 $10,254 $366,100 $162,680 $203,420
2024 $9,647 $366,100 $162,680 $203,420
2023 $9,109 $366,100 $162,680 $203,420
2022 $8,728 $366,100 $162,680 $203,420
2021 $6,989 $245,140 $126,560 $118,580
2020 $6,361 $224,280 $126,560 $97,720
2019 $6,322 $224,280 $126,560 $97,720
2018 $6,134 $224,280 $126,560 $97,720
2017 $5,426 $207,410 $126,560 $80,850
2016 $5,024 $198,100 $126,560 $71,540
2015 $4,895 $198,100 $126,560 $71,540
2014 $4,760 $198,100 $126,560 $71,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170343018

SmartMLS

APN: ELYM-001703-000130