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$393,865Estimated home value

Beds
3
Baths
1.0
sq ft
924

27 Prospect Ave, Niantic, CT 06357

27 Prospect Ave

East Lyme, CT 06357

  • Off market
    • Price drop $10,000↓
Unlock the potential of this delightful beach house, perfectly situated just a short walk from two private beaches and a quaint beach town. This property offers an exceptional opportunity to create your dream coastal retreat, with room for improvement and personalization. Explore the nearby beach town, with it's cozy shops, inviting cafes, and friendly atmosphere. This is a rare chance to own a slice of paradise with the added benefit of growth potential with approved permits for a second story addition! Don't miss your opportunity to make this adorable beach house your new home!

Details

Property type

Single Family Residence

Est. home value

$393,865

Lot size

3,920 sq ft

Price per sq ft

$476

Year built

1897

Annual property taxes

$4,574

Monthly HOA fee

$15

Price History

09/12/2024
SmartMLS

SmartMLS #24036739

Removed
$439,525
08/09/2024
SmartMLS

SmartMLS #24036739

Price change
$439,525
-2.22%
08/02/2024
SmartMLS

SmartMLS #24036739

Listed
$449,525
+28.44%

Schools & Community

Elementary school: 

Per Board of Ed

Middle school: 

Unknown

High school: 

Per Board of Ed

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

American Eagle Fcu

Loan start date

August 2019

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.84%

Loan type

Balloon, 8 year

Seller

John Parandes and Nancy Parandes

Lender

American Eagle Fcu

Loan start date

August 2019

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.84%

Loan type

Balloon, 8 year

Seller

John Parandes and Nancy Parandes

Lender

American Eagle Fcu

Loan start date

February 2011

Original loan amount

$50,000

Est. remaining balance

$30,206

Interest rate

4.71%

Loan type

Not Provided, 25 year

Seller

John Parandes

Lender

American Eagle Fcu

Loan start date

February 2011

Original loan amount

$50,000

Est. remaining balance

$30,206

Interest rate

4.71%

Loan type

Not Provided, 25 year

Seller

John Parandes

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 09/16/2024 at 12:25 PM

Listing updated: 08/28/2024 at 3:07 PM

Listed by: Heidi Pafumi, William Raveis Real Estate Phone #: (413) 687-4339

MLS: SmartMLS #24036739

SmartMLS logo

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