NOT LISTED FOR SALE

1 Mulberry Ln Niantic, CT 06357

Estimated Value: $584,296 - $623,000

4 Beds
2.5 Baths
2,421 Sq Ft
$249/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $507,000 $209 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,371/month

29 Days on Market

Highlights

  • Active Adult
  • Patio
  • Property is near shops
  • End Unit
  • Home Security System
  • Central Air

About This Home

As of February 2024

Beautiful Chapman Woods 55+ Community- 2,421 sf (largest model in Chapman Woods) - 4 Bedroom, 2 1/2 Bath Cape Cod Style unit with a 2 Car attached garage and a full unfinished basement for storage with easy access from inside the garage. The unit has been freshly painted, hardwood floors have been refinished, new carpeting on 2nd floor, kitchen has been updated with new stone countertops and ss appliances. First Floor is set up for one floor living - Kitchen, LR/DR, 4 Season Sunroom, 2 bdrms, 1 1/2 bath, washer and dryer all on main level. You can sit and enjoy the seasons from your covered front porch or barbeque on your open back patio. The 2nd floor consists of two large bedrooms with jack and jill bathroom for your visiting family and guests. The Association is responsible for the maintenance and replacement of the heating/air conditioning systems as part of your condo fees. The unit backs up to the woods where there are walking trails to enjoy. A short drive to community center, library, golf course, great beaches and a 1.1 mile boardwalk along the ocean. Close to shopping and major highways .

Last Agent to Sell the Property

Susan Russ

CENTURY 21 Shutters & Sails License #RES.0597446 Listed on: 12/27/2023

CENTURY 21 Shutters & Sails

Last Buyer's Agent

Susan Malan

William Pitt Sotheby's Int'l License #REB.0794430

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,123

Year Built

  • Built in 2004

HOA Fees

  • $537 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,421 Sq Ft Home
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Additional Features

  • Patio
  • Property is zoned R40

Community Details

  • Active Adult
  • Association fees include grounds maintenance, snow removal, property management, pest control, road maintenance, insurance
  • Property managed by Northeast Property Group

Listing and Financial Details

  • Assessor Parcel Number 2411006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,123

Year Built

Built in 2004

Lot Details

0

HOA Fees

$537 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Single Family Detached
  • Sq Ft Est Heated Above Grade: 2421
  • Total Sq Ft: 2421
  • Year Built: 2004
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Lake, Library, Park, Shopping/Mall, Tennis Courts
  • Association Amenities: None
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4991
  • Directions: Route 161 (Flanders Rd) to light by Stop & Shop-turn onto Chapman Woods Drive to top of hill and take right into CHAPMAN WOODS- Go to the very end and turn left onto Mulberry-house immediately on your right.
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None

Interior Features

  • Room Count: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full With Hatchway, Concrete Floor
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Security System
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Patio, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage, Driveway, Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management, Pest Control, Road Maintenance, Insurance
  • HOA Fees: 537
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Lori Moore
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 860-437-7005
  • Total Number of Units In Complex: Chapman Woods

Lot Info

  • Lot Description: On Cul-De-Sac Level Lot
  • Zoning: R40
  • Property Info: Adult Community 55
  • Parcel #: 2411006

Rental Info

  • Pets Allowed Info: See condo rules
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 95

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7123

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: East Lyme
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Feb 15, 2024
Sold by
Florin Patricia and Emerson Kenneth N
Bought by
Michael H Barton T H and Michael Barton
Seller's Agent
Susan Russ
CENTURY 21 Shutters & Sails
Buyer's Agent
Susan Malan
William Pitt Sotheby's Int'l
List Price
$525,000
Sold Price
$507,000
Premium/Discount to List
-$18,000
-3.43%
Views
189
Current Estimated Value
$603,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,824
Avg. Annual Appreciation
10.57%

Purchase Details

Listed on
Dec 27, 2023
Closed on
Jan 31, 2024
Sold by
Florin Patricia
Bought by
Florin Patricia and Emerson Kenneth N
Seller's Agent
Susan Russ
CENTURY 21 Shutters & Sails
Buyer's Agent
Susan Malan
William Pitt Sotheby's Int'l
List Price
$525,000
Sold Price
$507,000
Premium/Discount to List
-$18,000
-3.43%
Views
189

Purchase Details

Closed on
Sep 5, 2023
Sold by
Thibodeau Paulette and Ajax Mtg Loan T 2021-E
Bought by
Florin Patricia

Purchase Details

Closed on
Aug 30, 2004
Sold by
West Hill Llc
Bought by
Thibodeau-Baker Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Michael H Barton T H $507,000 None Available
Florin Patricia -- None Available
Florin Patricia $354,000 None Available
Thibodeau-Baker Paulette $365,965 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thibodeau-Baker Paulette $36,000
Previous Owner Thibodeau-Baker Paulette $329,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $507,000 +1.6% $209 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/18/2024 01/18/24 Price Changed $499,000 -5.0% $206 / Sq Ft
12/27/2023 12/27/23 For Sale $525,000 -- $217 / 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
2025 $8,019 $286,300 $0 $286,300
2024 $7,544 $286,300 $0 $286,300
2023 $7,123 $286,300 $0 $286,300
2022 $6,825 $286,300 $0 $286,300
2021 $6,765 $237,300 $0 $237,300
2020 $6,730 $237,300 $0 $237,300
2019 $6,689 $237,300 $0 $237,300
2018 $6,490 $237,300 $0 $237,300
2017 $6,208 $237,300 $0 $237,300
2016 $5,476 $215,950 $0 $215,950
2015 $5,336 $215,950 $0 $215,950
2014 $5,189 $215,950 $0 $215,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170616230

SmartMLS

APN: ELYM-002601-013002-000069