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22 Penncove Road

22 Penncove Road, Niantic, CT 06357
Property in East Lyme
Sold May 18, 2007
$275,000
$214,500 by Usaa Fsb
Mortgage Due May 18, 2037
22 Penncove Road has been categorized by the local assessors in Niantic, CT as a residential type of property. The building on the property was first built in 1968 and is 56 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 22 Penncove Road has 1,150 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 21,780 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 22 Penncove Road sold most recently in Jan 1, 1970 for a total of $275,000. If you work out the math, that's approximately a cost of $239.13 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,449 in taxes each year. 22 Penncove Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $219,030. If we break it down further, the land itself was valued at $117,740. Improvements to the property, however, were assessed at a total of $101,290. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,125
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,150
  • Gross Building Area: 2,778
  • Building Area: 1,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,150
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BURNS RONALD
  • Previous Owner : MALONEY JOSEPHINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Lyme School District
  • School Tax School District: EAST LYME SD
  • Census Tract: 870704

Zoning

  • Zoning: R40

Geography

  • Account Number: 4291
  • Parcel: ELYM M:017.1 B:00022 L:00000
  • Block: 22
  • Municipality: EAST LYME
  • Latitude: 41.3327
  • Longitude: -72.1936

    Address

  • Full Address: 22 Penncove Rd
  • Address - House Number: 22
  • Address - Street Name: Penncove
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Niantic
  • Carrier Code: C001
  • 4-Digit Zip Code: 2532
  • Zip Code: 06357

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,449

    Appraisal Valuation

  • Standard Deviation: 0.161
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 67
  • Final Value: 402,233
  • High Value: 467,019
  • Low Value: 337,446

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,500
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: May 18, 2007
  • First Open Lien Mortgage Loan Amount: $214,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: May 18, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,030
  • Assessed Land Value: $117,740
  • Assessed Improvements Value: $101,290

    Sales

  • Current Sale Recording Date: May 18, 2007
  • Current Sale Transaction ID: 1213345130
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: May 18, 2007
  • First Mortgage Loan Amount: $214,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 18, 2037

About Niantic



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Frequently Asked Questions

What neighborhood is 22 Penncove Road located in?
The 22 Penncove Road is a located in the neighborhood of East Lyme in Niantic, Niantic.
What is the average sales price for listings in 22 Penncove Road?
The average sales price for units in 22 Penncove Road is $0 currently.

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