tomo logo

$549,900

Beds
3
Baths
2.0
sq ft
1,576

3 Summit Ave, East Lyme, CT 06333

3 Summit Ave

East Lyme, CT 06333

  • 4 days on market
DIRECT WATERFRONT- Don't miss this hidden gem. Light and Bright just like new.... 3 bedroom, 2 bath embankment ranch all upgraded and updated throughout so you can move right in to enjoy the spring and summer on your large new deck overlooking Banning Cove on the Niantic River (updates listed in the pics- too many to list here)...No Flood Insurance required-tidal- small boat access to LI Sound-kayak, jet ski and paddleboard right from your backyard. Amazing views all year long and enjoy our own little estuary to watch all the blue herons, egrets, eagles and more. Easy access to I-95 and I-395 and many other major roads. Close to major employers... General Dynamics Electric Boat, Dominion, Pfizer, Hospitals and both Casinos. East Lyme has several nice beaches and a mile long boardwalk along LI Sound to enjoy.

Details

Property type

Single Family Residence

Est. home value

$513,664

Lot size

7,841 sq ft

Price per sq ft

$349

Year built

1966

Annual property taxes

$7,500

HOA

No

Price History

03/28/2025
SmartMLS

SmartMLS #24083825

Listed
$549,900
-8.2%
11/08/2024
SmartMLS

SmartMLS #24031744

Removed
$599,000
07/12/2024
SmartMLS

SmartMLS #24031744

Listed
$599,000
+99.67%

Schools & Community

Elementary school: 

Flanders

Middle school: 

East Lyme

High school: 

East Lyme

Community features: 

Golf, Tennis Court(s)

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

Charter Oak Fcu

Loan start date

June 2021

Original loan amount

$42,000

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

Stand Alone Refi (Refinance of Original Loan), 24 year

Seller

Mark A Masterjoseph

Lender

Charter Oak Fcu

Loan start date

June 2021

Original loan amount

$42,000

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

Stand Alone Refi (Refinance of Original Loan), 24 year

Seller

Mark A Masterjoseph

Lender

Charter Oak Fcu

Loan start date

May 2021

Original loan amount

$294,000

Est. remaining balance

Not provided

Interest rate

3.18%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Mark A Masterjoseph

Lender

Charter Oak Fcu

Loan start date

May 2021

Original loan amount

$294,000

Est. remaining balance

Not provided

Interest rate

3.18%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Mark A Masterjoseph

Lender

Charter Oak Fcu

Loan start date

December 2019

Original loan amount

$40,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Stand Alone Refi (Refinance of Original Loan), 25 year

Seller

Mark Masterjoseph

Lender

Charter Oak Fcu

Loan start date

December 2019

Original loan amount

$40,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Stand Alone Refi (Refinance of Original Loan), 25 year

Seller

Mark Masterjoseph

Lender

Loandepot.Com Llc

Loan start date

July 2015

Original loan amount

$240,000

Est. remaining balance

$189,672

Interest rate

3.85%

Loan type

Not Provided, 30 year

Seller

Mark A Masterjoseph

Lender

Usa Alliance Fcu

Loan start date

July 2015

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

Credit Line (Revolving), 30 year

Seller

Mark A Masterjoseph

Lender

Usa Alliance Fcu

Loan start date

July 2015

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

Credit Line (Revolving), 30 year

Seller

Mark A Masterjoseph

Lender

Loandepot.Com Llc

Loan start date

July 2015

Original loan amount

$240,000

Est. remaining balance

$189,672

Interest rate

3.85%

Loan type

Not Provided, 30 year

Seller

Mark A Masterjoseph

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: Active

Tomo last checked: 04/01/2025 at 1:55 PM

Listing updated: 04/01/2025 at 6:51 AM

Listed by: Susan I. Russ, CENTURY 21 Shutters & Sails Phone #: (860) 608-9199

MLS: SmartMLS #24083825

SmartMLS logo

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