$635,000
SOLD APR 25, 2025
3 Beds
2.5 Baths
1,924 Sq Ft
0.35 Acres

Recently Sold

$330 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • Attic
  • East Lyme Middle School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of April 2025

Rare opportunity to own prime lake front property in the heart of downtown Niantic. Perched on an elevated lot with breathtaking views of the naturally fed, deep water lake known as Dodge Pond. This spacious 3 bed, 2.1 bath Colonial has been thoughtfully cared for and is awaiting your touches. Lovely hard wood floors lead you to the living room with a woodburning fireplace and large bay window capturing the magnificent view. The sitting room to the right has potential to be converted to a main-level primary suite if desired- Featuring a half bath, laundry room and sliding door leading to the back deck and yard. Steps descend to the water and a floating dock, with space to store your kayak or canoe. The second floor 3 bedrooms are highlighted by the primary with water views and full bath. Niantic is a most desirable waterfront community- offering dining, shopping, beaches, boardwalk, marinas, farmers market, festivals, parades and more... Make this dream a reality just in time for spring.

Last Agent to Sell the Property

Nassim Saad

RE/MAX on the Bay License #REB.0793615 Listed on: 03/14/2025

RE/MAX on the Bay

Last Buyer's Agent

Bailey Frankewicz

RE/MAX on the Bay License #RES.0824695

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,734

Year Built

  • Built in 1988

Lot Details

  • 0.35 Acre Lot
  • Waterfront
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding
  • Pre-Fab Construction

Interior Spaces

  • 1,924 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Water Views
  • Attic or Crawl Hatchway Insulated
  • Storm Doors

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access

Parking

  • 2 Car Garage
  • Parking Deck

Outdoor Features

  • Deck

Location

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

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1468518

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,734

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1924
  • Total Sq Ft: 1924
  • Year Built: 1988
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Directional Sign by Probate Office on Pennsylvania Ave
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1924
  • Street Type: Circle
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished, Garage Access
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake Dock or Mooring View Access
  • Swimming Pool: No
  • Construction Description: Frame, Prefab

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Under House Garage

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

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

Green Features

  • Energy Features: Ridge Vents, Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.35
  • Lot Description: Water View
  • Flood Zone: No
  • Zoning: R10
  • Parcel #: 1468518

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6734
  • Total Assessed Value: 255570
  • Mil Rate Total: 26.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Apr 25, 2025
Sold by
Georg Peter and Georg Judith E
Bought by
Li Yaotang and Zhao Fengxi
Seller's Agent
Nassim Saad
RE/MAX on the Bay
Buyer's Agent
Bailey Frankewicz
RE/MAX on the Bay
List Price
$625,000
Sold Price
$635,000
Premium/Discount to List
$10,000
1.6%
Views
199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.64%
Original Mortgage
$350,000
Outstanding Balance
$350,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$309,226

Purchase Details

Closed on
Dec 15, 1999
Sold by
Sweet Robert K and Sweet Elizabeth A
Bought by
Georg Peter and Georg Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
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 $635,000 None Available
Warranty Deed $228,650 --
Warranty Deed $228,650 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 Purchase Money Mortgage
Previous Owner $250,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $177,600 Purchase Money Mortgage
Previous Owner $45,000 No Value Available
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $635,000 +1.6% $330 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $625,000 -- $325 / 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
2024 $6,734 $255,570 $113,960 $141,610
2023 $6,359 $255,570 $113,960 $141,610
2022 $6,093 $255,570 $113,960 $141,610
2021 $6,400 $224,490 $108,290 $116,200
2020 $6,367 $224,490 $108,290 $116,200
2019 $6,328 $224,490 $108,290 $116,200
2018 $6,140 $224,490 $108,290 $116,200
2017 $5,873 $224,490 $108,290 $116,200
2016 $5,512 $217,350 $102,620 $114,730
2015 $5,371 $217,350 $102,620 $114,730
2014 $5,223 $217,350 $102,620 $114,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24080376

SmartMLS

APN: ELYM-001703-000018