See Home Value
Niantic 06357
7 Town Road
$699,000
House - Off Market

7 Town Road

East Lyme, Connecticut 06357
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2296 Sqft
$4,074
Estimated Monthly
5.06%
Cap Rate

About This Property

Classic New England home in sought after Saunders Point. This wonderful 4-bedroom Dutch Colonial boasts a tastefully remodeled kitchen w/breakfast bar, dining area w/vaulted ceiling which leads to the private back yard. Wood flooring throughout, living room w/rose quartz fire place, formal dining room and a spacious den/family room w/separate entrance. Lovely yard w/heated in ground pool & patio, large shed. One of the largest lots in the point, enjoy mature plantings, room for gardening and recreation. Home offers newer roof, new Anderson windows throughout, split A/C systems along with generator w/trans. switch. Detached 2-car garage. All this with peek-a-boo views of Niantic River and just steps to private sandy beach. Enjoy tennis court, bocce ball court, basketball court and even a Par 3 golf course with membership (OPTIONAL) in Oswegatchie Hills Club (very low annual fee). A short drive to the Village of Niantic for dining, shopping, seasonal events and the famous Niantic Boardwalk! Don't wait .. this home is a "Must See"!
Unit Size
2,296Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$304
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1928
Last updated: 3 months ago (Smart MLS #170600668)

Price History

Date / Event Date Event Price
Feb 28, 2024 No longer available -
No longer available
Nov 2, 2023 Price Decreased $699,000
↓ $50K (6.7%)
Price Decreased
Oct 2, 2023 Listed by Berkshire Hathaway NE Prop. $749,000
Listed by Berkshire Hathaway NE Prop.
Jul 14, 1995 Sold to James Knox Lathrop, Terry West $182,500
Sold to James Knox Lathrop, Terry West

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 688
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 2,296
  • Gross Building Area: 4,385
  • Building Area: 2,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,296
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LATHROP JAMES KNOX
  • Current Owner 2: WEST TERRY
  • Previous Owner : EAST ROBERT C
  • Previous Owner 2: EAST BETTY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Lyme School District
  • School Tax School District: EAST LYME SD
  • Census Tract: 870701

Zoning

  • Zoning: R10

Geography

  • Account Number: 2083
  • Parcel: ELYM M:22.14 B:00031 L:00000
  • Block: 31
  • Municipality: EAST LYME
  • Latitude: 41.3418
  • Longitude: -72.1883

    Address

  • Full Address: 7 Town Rd
  • Address - House Number: 7
  • Address - Street Name: Town
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Niantic
  • Carrier Code: C001
  • 4-Digit Zip Code: 2721
  • Zip Code: 06357

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,694

    Appraisal Valuation

  • Standard Deviation: 0.1115
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 88
  • Final Value: 703,464
  • High Value: 781,918
  • Low Value: 625,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Nov 02, 2022
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,260
  • Assessed Land Value: $131,810
  • Assessed Improvements Value: $177,450

    Sales

  • Current Sale Recording Date: Jul 14, 1995
  • Current Sale Transaction ID: 1057144049
  • Current Sale Price: $182,500
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARGARETTEN CORP
  • First Mortgage Transaction Date: Jul 14, 1995
  • First Mortgage Loan Amount: $164,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 14, 2010

    Financing

  • First Mortgage Financing Type: Variable



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
3 Baths
2,640 ft²
$303/ft²
$800,000 May 17, 2023
$800,000 Aug 25, 2023
$736/mo
House
2 Beds
2 Baths
1,610 ft²
$398/ft²
$640,929 Apr 22, 2022
$640,929 Aug 25, 2023
$925/mo
House
4 Beds
3 Baths
3,615 ft²
$221/ft²
$799,900 Jun 21, 2023
-
$686/mo

About Niantic


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Frequently Asked Questions

When was property at 7 Town Road built and last sold?
The property at 7 Town Road was built in 1928 and last sold on Jan 1, 1970 for $182,500.
How much is this home worth?
The estimated value of the home located at 7 Town Road is $772,961.
What are some comparable homes to 7 Town Road?
Homes that are comparable to 7 Town Road include a multifamily property at 113 Oswegatchie Hills Road, a house property at 12 Kaatskill Lane, 12 Shawandassee Road.

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