NOT LISTED FOR SALE

Estimated Value: $232,678 - $518,000

0.23 Acre
$1,494,217 Price per Acre
10,019 Sq Ft Lot

Last Sold July 26, 2022

Last sale price $182,500 $114 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,999/month

335 Days on Market

Highlights

  • Beach Access
  • River Front
  • 3-minute walk to Pine Grove
  • East Lyme Middle School Rated A-
  • Open Lot

About This Lot

As of July 2022

Building lot in the private beach community of Pine Grove with rights to three (3) private beaches. Large lot for the area - Pine Grove has many small, non-conforming lots... may be able to subdivide with plans. Nice area where you can walk to beaches along the Niantic River. Large community playground and recreational area. Lot is cleared and ready. Build your dream home. Public water and sewer connected and all assessments have been PAID IN FULL.

Last Agent to Sell the Property

Beverly Nebelung

Berkshire Hathaway NE Prop. License #RES.0771919 Listed on: 08/02/2021

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Lu-Ann Perkins

RE/MAX on the Bay License #REB.0794708

RE/MAX on the Bay

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,699

Lot Details

  • 10,019 Sq Ft Lot
  • River Front
  • Open Lot
  • Property is zoned R10

HOA Fees

  • $33 Monthly HOA Fees

Schools

  • Niantic Center Elementary School
  • East Lyme High School

Utilities

  • Cable TV Available

Community Details

Overview

  • Association fees include lake/beach access

Recreation

  • Beach Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$1,699

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/18/2022
  • Directions: Rt. 161 to Smith St., left on Pine Grove Rd. Follow to Cherry St., take left to S. Pine on left.
  • Special Features: None

Exterior Features

  • Waterfront Description: Access, River, Beach Rights, Walk to Water
  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Utilities Available: Electric Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No
  • Sewer Assess Description: Sewer assessment PAID IN FULL

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 400
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.2300
  • Lot Description: Open Lot
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: R10

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 1699
  • Mil Rate Base: 23.840
  • Assessor Parcel Number: 1468914

MLS Schools

  • Elementary School: Niantic Center
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Oct 16, 2015
Sold by
Smith Joan B Est
Bought by
Bagley Jan S and Bagley Douglas J
Seller's Agent
Jenifer Philpot
Coldwell Banker Realty
Buyer's Agent
Beverly Nebelung
Berkshire Hathaway NE Prop.
List Price
$205,000
Sold Price
$130,000
Premium/Discount to List
-$75,000
-36.59%
Current Estimated Value
$343,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,670
Avg. Annual Appreciation
9.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bagley Jan S $130,000 --
Bagley Jan S $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bagley Jan S $12,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2022 07/26/22 Sold $182,500 -8.3% $114 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
08/02/2021 08/02/21 For Sale $199,000 +53.1% $124 / Sq Ft
10/16/2015 10/16/15 Sold $130,000 -36.6% $81 / Sq Ft View Prior Sale
09/30/2015 09/30/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $205,000 -- $128 / 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 $1,996 $71,260 $71,260 $0
2024 $1,878 $71,260 $71,260 $0
2023 $1,773 $71,260 $71,260 $0
2022 $1,699 $71,260 $71,260 $0
2021 $2,596 $91,070 $91,070 $0
2020 $2,583 $91,070 $91,070 $0
2019 $2,567 $91,070 $91,070 $0
2018 $2,491 $91,070 $91,070 $0
2017 $2,382 $91,070 $91,070 $0
2016 $4,358 $171,850 $98,980 $72,870
2015 $4,246 $171,850 $98,980 $72,870
2014 $4,130 $171,850 $98,980 $72,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170425717

SmartMLS

APN: ELYM-001706-000101