NOT LISTED FOR SALE

281 Old Black Point Rd Niantic, CT 06357

East Lyme Neighborhood

Estimated Value: $1,624,000 - $3,147,000

7 Beds
4.5 Baths
3,685 Sq Ft
$659/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $1,935,000 $525 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $17,031/month

195 Days on Market

Highlights

  • Water Views
  • Home fronts a sound
  • Attic
  • East Lyme Middle School Rated A-
  • Open Floorplan
  • 1 Fireplace

About This Home

As of December 2012

Vacation year round in this classic shingle style home on the front row with expansive views of long island sound. Abundant windows, white washed walls and gleaming wood floors create a casual and inviting atmosphere of old world beach style living!

Last Listed By

Joseph Rhodes

Coldwell Banker Realty License #REB.0750631 Listed on: 04/10/2012

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,173

Year Built

  • Built in 1905

Lot Details

  • 0.6 Acre Lot
  • Home fronts a sound
  • Level Lot
  • Open Lot
  • Garden

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,685 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Walkup Attic
  • Partially Finished Attic

Parking

  • 3 Car Detached Garage
  • Automatic Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Flanders Elementary School
  • East Lyme High School

Utilities

  • Air Source Heat Pump
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,173

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Neighborhood: Black Point
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cottage
  • Total Sq Ft: 3685
  • Year Built: 1905
  • Easements Right Of Way: 20' ROW WESTERN SIDE
  • Direct Waterfront: Yes
  • Directions: Rt 156 to fairhaven to old black point road through gates to #281 on waterside. See sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 7
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Partially Finished, Walk-up
  • Basement Description: Crawl Space, Unfinished
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Open Floor Plan, Security System
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 281

Exterior Features

  • Exterior Features: Garden Area, Patio, Storage Building
  • Exterior Siding: Shingle, Wood
  • Waterfront Description: Frontage, L. I. Sound Frontage, View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Gravel

Utilities

  • Cooling System: Attic Fan
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Flanders
  • High School: East Lyme High

Lot Info

  • Acres: 0.6000
  • Lot Description: Level Lot, Open Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 34173
  • Total Assessed Value: 1500170
  • Assessor Parcel Number: 1465332

MLS Schools

  • Elementary School: Flanders
  • High School: East Lyme High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Smith Joseph B
Bought by
Joseph B Smith T B and Joseph Smith
Total Days on Market
195
Current Estimated Value
$2,429,123

Purchase Details

Closed on
Nov 23, 2023
Sold by
Smith Lisa M
Bought by
Smith Joseph B

Purchase Details

Closed on
Dec 1, 2020
Sold by
Smith Joseph B
Bought by
Smith Lisa M

Purchase Details

Listed on
Apr 10, 2012
Closed on
Dec 31, 2012
Sold by
Morison Matthew Russell
Bought by
Smith Lisa M and Smith Joseph B
Seller's Agent
Joseph Rhodes
Coldwell Banker Realty
Buyer's Agent
Joseph Rhodes
Coldwell Banker Realty
List Price
$2,150,000
Sold Price
$1,935,000
Premium/Discount to List
-$215,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$1,354,500
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2006
Sold by
Elizabeth Russell Ret and Russell
Bought by
Russell Matthew Morison

Range of Values:

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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
Joseph B Smith T B -- None Available
Joseph B Smith T B -- None Available
Smith Joseph B -- None Available
Smith Joseph B -- None Available
Smith Lisa M -- None Available
Smith Lisa M -- None Available
Smith Lisa M $1,935,000 --
Russell Matthew Morison $1,900,000 --
Smith Lisa M $1,935,000 --
Russell Matthew Morison $1,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Matthew Morison $650,000
Previous Owner Russell Matthew Morison $1,354,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $1,935,000 -10.0% $525 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $2,150,000 -- $583 / 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 $41,990 $1,593,550 $1,106,980 $486,570
2023 $39,648 $1,593,550 $1,106,980 $486,570
2022 $37,990 $1,593,550 $1,106,980 $486,570
2021 $39,593 $1,388,730 $1,106,980 $281,750
2020 $39,384 $1,388,730 $1,106,980 $281,750
2019 $39,148 $1,388,730 $1,106,980 $281,750
2018 $37,982 $1,388,730 $1,106,980 $281,750
2017 $35,738 $1,366,120 $1,106,980 $259,140
2016 $38,398 $1,514,100 $1,277,290 $236,810
2015 $37,145 $1,503,250 $1,277,290 $225,960
2014 $36,123 $1,503,250 $1,277,290 $225,960
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: M9133839

SmartMLS

APN: ELYM-000204-000016