NOT LISTED FOR SALE

87 Oakwood Rd Niantic, CT 06357

Estimated Value: $335,000 - $400,000

2 Beds
1 Bath
725 Sq Ft
$507/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $164,500 $227 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,357/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • No HOA
  • East Lyme Middle School Rated A-
  • 1 Fireplace
  • Enclosed Patio or Porch

About This Home

As of July 2017

This cutie pie can be your summer shore "shack", or year round starter, or retirement home. This extra large beach lot backs to the woods, where you can watch deer graze from your deck. Fully appliance, plus, you can even have the newer furniture, if you wish. Fireplace in the living room and a front porch. All of this in a beach community with ultra low annual fees. Some updates are evident. As good as it gets, for this price in Niantic!

Last Agent to Sell the Property

Leo Chomen

Signature Properties of NewEng License #RES.0752883 Listed on: 05/03/2017

Last Buyer's Agent

Annie Sullivan

Coldwell Banker Realty License #RES.0557903

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 1938

Lot Details

  • 0.4 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 725 Sq Ft Home
  • 1 Fireplace
  • Partial Basement
  • Pull Down Stairs to Attic
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Schools

  • Pboe Elementary School
  • East Lyme High School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,165

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 725
  • Year Built: 1938
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Giants Neck Rd, to Dell To Edgehill to Oakwood
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partial
  • Appliances: Dryer, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Lower Level
  • Attic: No
  • Street Number Modifier: 87

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed, Storage Building
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Asphalt

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: East Lyme

Lot Info

  • Acres: 0.4000
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 3165
  • Total Assessed Value: 124810
  • Mil Rate Total: 25.360
  • Assessor Parcel Number: 1473228

MLS Schools

  • Elementary School: PBOE
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Jul 10, 2017
Sold by
Sedicum Austin
Bought by
Meskers Patricia
Seller's Agent
Leo Chomen
Signature Properties of NewEng
Buyer's Agent
Annie Sullivan
Coldwell Banker Realty
List Price
$159,900
Sold Price
$164,500
Premium/Discount to List
$4,600
2.88%
Current Estimated Value
$367,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,235
Avg. Annual Appreciation
10.14%
Original Mortgage
$166,161
Outstanding Balance
$138,942
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$223,060

Purchase Details

Closed on
May 3, 2003
Sold by
Wheeler Michele S
Bought by
Sedicum Austin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.77%

Purchase Details

Closed on
Sep 15, 1989
Sold by
Chamberlain David
Bought by
Starace Joseph
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
Meskers Patricia $164,500 --
Sedicum Austin L $150,000 --
Meskers Patricia $164,500 --
Sedicum Austin L $150,000 --
Starace Joseph $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starace Joseph $166,161
Closed Starace Joseph $166,161
Previous Owner Starace Joseph $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $164,500 +2.9% $227 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $159,900 -- $221 / 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 $4,429 $158,130 $84,000 $74,130
2024 $4,167 $158,130 $84,000 $74,130
2023 $3,934 $158,130 $84,000 $74,130
2022 $3,770 $158,130 $84,000 $74,130
2021 $3,558 $124,810 $75,950 $48,860
2020 $3,540 $124,810 $75,950 $48,860
2019 $3,518 $124,810 $75,950 $48,860
2018 $3,414 $124,810 $75,950 $48,860
2017 $3,265 $124,810 $75,950 $48,860
2016 $3,030 $119,490 $71,960 $47,530
2015 $2,953 $119,490 $71,960 $47,530
2014 $2,871 $119,490 $71,960 $47,530
Source: Public Records

Agents Affiliated with this Home

  • Leo Chomen

    Seller's Agent in 2017

    Leo Chomen

    Signature Properties of NewEng

    (860) 447-8839

    7 in this area

    176 Total Sales

    Leo Chomen
    Section Image
  • Annie Sullivan

    Buyer's Agent in 2017

    Annie Sullivan

    Coldwell Banker Realty

    (860) 306-2016

    70 Total Sales

    Annie Sullivan
    Section Image
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Map

Source: SmartMLS

MLS Number: E10218036

SmartMLS

APN: ELYM-007014-000073

Connecticut New London County Niantic 06357

87 Oakwood Rd, Niantic, CT

This home is located at 87 Oakwood Rd, Niantic, CT 06357 since 03 May 2017 and is currently estimated at $367,735, approximately $507 per square foot. This property was built in 1938. 87 Oakwood Rd is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and The Light House Voc-Ed Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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