NOT LISTED FOR SALE

101 W Main St Unit 7 Niantic, CT 06357

Estimated Value: $331,000 - $362,000

2 Beds
2.5 Baths
1,488 Sq Ft
$350/mo HOA Fee

Last Sold February 27, 2023

Last sale price $255,000 $171 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,497/month

1 Day on Market

Highlights

  • Beach Access
  • Ceiling Fan
  • Wood Siding
  • East Lyme Middle School Rated A-
  • Baseboard Heating

About This Home

As of February 2023

CASH ONLY PURCHASE. 2BR, 2 1/1 bath condo close to Niantic Village. Newer, very tasteful laminate flooring throughout lower and upper floors along with new A/C units, ceiling fans, refrigerator, oven/range, washer/dryer. Stylish updated kitchen with breakfast bar and plenty of room for tale/chairs if desired. Combination dining/living room with slider overlooking open back yard space. Updated staircase leads to 2 bedrooms, both with full bath. The primary bedroom also has a bonus space above, perfect for an office or studio. CASH ONLY as traditional financing is not an option at this time due to unresolved/incomplete plan for required improvements. Condo questionnaire cannot meet bank requirements at this time. This is a fabulous opportunity! Priced well below market in consideration of this situation. All outstanding assessments have been paid in full by this owner. UPCOMING special assessment for roof/gutters & decks will more than likely take effect in Spring (amount unknown at this time).

Last Agent to Sell the Property

Beverly Nebelung

Berkshire Hathaway NE Prop. License #RES.0771919 Listed on: 02/03/2023

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Brian Konopka

Venture Real Estate, Inc. License #RES.0811703

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,383

Year Built

  • Built in 1984

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access

Schools

  • Niantic Center Elementary School
  • East Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management
  • 16 Units
  • Brookfield Estates Community
  • Property managed by Hudson Gray Consulting

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,383

Year Built

Built in 1984

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1488
  • Public Record Living Room Sq Ft: 1488
  • Total Sq Ft: 1488
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: Upcoming spec. asses; roof/gutters/decks
  • Public Record Gross Sq Ft: 2500
  • Directions: Rt. 156 (West Main St.) to #101 - Brookfield Estates. Building furthest on the right - use 2nd driveway
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 101

Exterior Features

  • Exterior Siding: Clapboard, Wood
  • Waterfront Description: Association Required, Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans, Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management
  • Complex Name: Brookfield Estates
  • Levels In Unit: 2
  • HOA Fees: 350
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Unit Owners Association
  • Property Manager Name: Cynthia Young
  • Property Mgt Company Name: Hudson Gray Consulting
  • Property Mgt Phone: 860-333-7856

Schools

  • Elementary School: Niantic Center
  • High School: East Lyme

Lot Info

  • Zoning: CA

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3383
  • Total Assessed Value: 141890
  • Mil Rate Base: 23.840
  • Mil Rate Total: 23.840
  • Assessor Parcel Number: 1467229

Multi Family

  • Total Num Of Units: 16

MLS Schools

  • Elementary School: Niantic Center
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2015
Closed on
Aug 24, 2015
Sold by
Cavanagh David J
Bought by
Garlock Nancy A and Ware Catherine F
Seller's Agent
Thomas Sheldon
Signature Properties of NewEng
Buyer's Agent
Beverly Nebelung
Berkshire Hathaway NE Prop.
List Price
$185,000
Sold Price
$178,000
Premium/Discount to List
-$7,000
-3.78%
Current Estimated Value
$341,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,253
Avg. Annual Appreciation
6.64%
Original Mortgage
$142,400
Outstanding Balance
$54,394
Interest Rate
3.21%
Mortgage Type
New Conventional
Estimated Equity
$286,859

Purchase Details

Closed on
Jun 6, 1997
Sold by
Pelissier Geraldine
Bought by
Damico Ralph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Garlock Nancy A $178,000 --
Damico Ralph J $84,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damico Ralph J $142,400
Previous Owner Damico Ralph J $167,200
Previous Owner Damico Ralph J $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2023 02/27/23 Sold $255,000 0.0% $171 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $255,000 +43.3% $171 / Sq Ft
08/28/2015 08/28/15 Sold $178,000 -3.8% $120 / Sq Ft View Prior Sale
07/16/2015 07/16/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $185,000 -- $124 / 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 $3,974 $141,890 $0 $141,890
2024 $3,739 $141,890 $0 $141,890
2023 $3,530 $141,890 $0 $141,890
2022 $3,383 $141,890 $0 $141,890
2021 $3,898 $136,710 $0 $136,710
2020 $3,877 $136,710 $0 $136,710
2019 $3,854 $136,710 $0 $136,710
2018 $3,739 $136,710 $0 $136,710
2017 $3,576 $136,710 $0 $136,710
2016 $3,311 $130,550 $0 $130,550
2015 $3,226 $130,550 $0 $130,550
2014 $3,137 $130,550 $0 $130,550
Source: Public Records

Agents Affiliated with this Home

  • Beverly Nebelung

    Seller's Agent in 2023

    Beverly Nebelung

    Berkshire Hathaway Home Services

    (860) 625-5034

    19 in this area

    54 Total Sales

    Beverly Nebelung
    Section Image
  • Brian Konopka

    Buyer's Agent in 2023

    Brian Konopka

    Venture Real Estate, Inc.

    (860) 578-0650

    1 in this area

    78 Total Sales

    Brian Konopka
    Section Image

  • T

    Seller's Agent in 2015

    Thomas Sheldon

    Signature Properties of NewEng

    Section Image
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Map

Source: SmartMLS

MLS Number: 170548623

SmartMLS

APN: ELYM-001103-000097-000007

Connecticut New London County Niantic 06357

101 W Main St Unit 7, Niantic, CT

This home is located at 101 W Main St Unit 7, Niantic, CT 06357 since 03 February 2023 and is currently estimated at $341,253, approximately $229 per square foot. This property was built in 1984. 101 W Main St Unit 7 is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and The Light House Voc-Ed Center.

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