NOT LISTED FOR SALE

127 Black Point Rd Unit 15 Niantic, CT 06357

Estimated Value: $227,386 - $261,000

1 Bed
1 Bath
768 Sq Ft
$228/mo HOA Fee

Last Sold June 02, 2017

Last sale price $92,000 $120 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,752/month

8 Days on Market

Highlights

  • End Unit
  • Tennis Courts
  • Thermal Windows
  • East Lyme Middle School Rated A-
  • Balcony
  • Patio

About This Home

As of June 2017

Lovely unit! Why rent when you can own? Newer carpeting throughout. End unit. Updated kitchen and bath. Complex boasts new siding & roofs. Rights to lovely Crescent Beach. Enjoy downtown Niantic with restaurants, shopping & boardwalk.

Last Agent to Sell the Property

Beverly Nebelung

Berkshire Hathaway NE Prop. License #RES.0771919 Listed on: 05/01/2017

Berkshire Hathaway NE Prop.

Last Buyer's Agent

The Bowes Team

RE/MAX on the Bay License #REB.0790080

RE/MAX on the Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1971

Lot Details

  • End Unit
  • Garden

HOA Fees

  • $228 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 768 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Patio

Schools

  • Niantic Center Elementary School
  • East Lyme High School

Utilities

  • Radiant Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, insurance, property management, snow removal, trash pickup
  • 40 Units
  • Black Point Farms Community
  • Property managed by Thames Harbor

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,969

Year Built

Built in 1971

Lot Details

0

HOA Fees

$228 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 768
  • Year Built: 1971
  • Nearby Amenities: Tennis Courts
  • Association Amenities: Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rt. 156 (Main St.) to Black Point Rd. Follow underneath underpass, bear right - complex on right.
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 127

Exterior Features

  • Exterior Features: Balcony, Garden Area, Patio
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Total Parking Spaces: 1

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Radiant
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Property Management, Snow Removal, Trash Pickup
  • Complex Name: Black Point Farms
  • Levels In Unit: 2
  • HOA Fees: 228
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Thames Harbor
  • Property Mgt Phone: 860-691-2011

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Rental Info

  • Pets Allowed Info: yes/1 sm. dog/cat
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Property Tax: 1969
  • Total Assessed Value: 77630
  • Mil Rate Total: 25.360
  • Assessor Parcel Number: 1465931

Multi Family

  • Total Num Of Units: 40

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2020
Sold by
Case Tina
Bought by
Gignac Sandra and Gignac Michael
Total Days on Market
8
Current Estimated Value
$238,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$80,532
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,815

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 23, 2017
Sold by
Kiah Lynn
Bought by
Case Tina
Seller's Agent
Beverly Nebelung
Berkshire Hathaway NE Prop.
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$98,000
Sold Price
$92,000
Premium/Discount to List
-$6,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%

Purchase Details

Closed on
Jun 6, 2008
Sold by
Chiz Karen
Bought by
Dwire Jessica

Purchase Details

Closed on
Feb 21, 2001
Sold by
Salerno Michael S
Bought by
Treat Karen E

Purchase Details

Closed on
Apr 6, 1998
Sold by
Salerno Deborah E
Bought by
Salerno Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 21, 1997
Sold by
Ellworth Margaret S
Bought by
Salerno Deborah E
Source: Public Records

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Range of Values:

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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
Gignac Sandra $120,000 None Available
Case Tina $112,000 --
Dwire Jessica $114,500 --
Treat Karen E $65,000 --
Salerno Michael S $53,000 --
Salerno Deborah E $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gignac Sandra $90,000
Previous Owner Salerno Deborah E $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $92,000 -6.1% $120 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $98,000 0.0% $128 / Sq Ft
05/19/2014 05/19/14 Rented $975 0.0% --
04/29/2014 04/29/14 Under Contract -- -- --
04/01/2014 04/01/14 For Rent $975 -- --
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 $2,307 $87,570 $0 $87,570
2023 $2,179 $87,570 $0 $87,570
2022 $2,088 $87,570 $0 $87,570
2021 $1,764 $61,880 $0 $61,880
2020 $1,783 $62,860 $0 $62,860
2019 $1,772 $62,860 $0 $62,860
2018 $1,719 $62,860 $0 $62,860
2017 $1,644 $62,860 $0 $62,860
2016 $2,221 $87,570 $0 $87,570
2015 $2,164 $87,570 $0 $87,570
2014 $2,104 $87,570 $0 $87,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10217164

SmartMLS

APN: ELYM-000801-000063-000001-000005