NOT LISTED FOR SALE

127 Black Point Rd Unit 16 Niantic, CT 06357

Estimated Value: $207,000 - $239,000

2 Beds
1.5 Baths
1,000 Sq Ft
$227/mo HOA Fee

Last Sold August 28, 2015

Last sale price $96,000 $96 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,690/month

202 Days on Market

Highlights

  • Contemporary Architecture
  • Balcony
  • Laundry Facilities
  • East Lyme Middle School Rated A-

About This Home

As of August 2015

Move in Ready! Many improvements to include recently painted, new carpeting on stairs and upstairs, window treatments, new laminate in Walnut color on first floor; large open space in the rear; upgrades in full bath; tennis courts; located convenient to beaches. Payments much less than rent for equal amount of space with an East Lyme zip code!

Last Agent to Sell the Property

Kathleen Prater

RE/MAX Realty Group License #RES.0786370 Listed on: 12/29/2014

RE/MAX Realty Group

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

  • $1,865

Year Built

  • Built in 1971

HOA Fees

  • $227 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • 1,000 Sq Ft Home
  • Contemporary Architecture
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Boe Elementary School
  • Boe High School

Utilities

  • Radiant Heating System
  • Electric Water Heater

Additional Features

  • Dishwasher
  • Balcony

Community Details

Overview

  • Association fees include grounds maintenance, snow removal, trash pickup
  • 25 Units
  • Black Point Farms Community
  • Property managed by Thames Harbour Mgmt

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,865

Year Built

Built in 1971

Lot Details

0

HOA Fees

$227 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Contemporary
  • Total Sq Ft: 1000
  • Year Built: 1971
  • Nearby Amenities: Tennis Courts
  • Association Amenities: Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: 127 Black Point Rd, #16
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Appliances: Dishwasher, Refrigerator
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 127

Exterior Features

  • Exterior Features: Balcony, Tennis Court
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Heat Type: Radiant
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Trash Pickup
  • Complex Name: Black Point Farms
  • Levels In Unit: 2
  • HOA Fees: 227
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Drew Price
  • Property Mgt Company Name: Thames Harbour Mgmt
  • Property Mgt Phone: 860-691-2011

Schools

  • Elementary School: BOE
  • High School: BOE

Lot Info

  • Elevation Certificate: No
  • Flood Zone: No

Rental Info

  • Pets Allowed Info: Yes
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 1865
  • Total Assessed Value: 77630
  • Mil Rate Total: 24.030
  • Assessor Parcel Number: 1465908

Multi Family

  • Total Num Of Units: 25

MLS Schools

  • Elementary School: BOE
  • High School: BOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Marshall Shawn E
Bought by
Walter L Colantuono T L and Walter Colantuono
Total Days on Market
202
Current Estimated Value
$230,641

Purchase Details

Closed on
May 1, 2008
Sold by
Terry Thomas
Bought by
Savage Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
5.99%

Purchase Details

Closed on
Jan 26, 2005
Sold by
Williams 3Rd Neal
Bought by
Terry Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.07%
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
Walter L Colantuono T L $231,000 None Available
Walter L Colantuono T L $231,000 None Available
Savage Shawn $128,000 --
Savage Shawn $128,000 --
Terry Thomas $119,900 --
Terry Thomas $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marshall Shawn E $91,000
Previous Owner Terry Thomas $108,800
Previous Owner Terry Thomas $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $96,000 -12.7% $96 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $110,000 +76.0% $110 / Sq Ft
11/13/2013 11/13/13 Sold $62,500 +2.5% $63 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $61,000 -- $61 / 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
2024 $2,077 $78,820 $0 $78,820
2023 $1,961 $78,820 $0 $78,820
2022 $1,879 $78,820 $0 $78,820
2021 $1,579 $55,370 $0 $55,370
2020 $1,570 $55,370 $0 $55,370
2019 $1,561 $55,370 $0 $55,370
2018 $1,514 $55,370 $0 $55,370
2017 $1,448 $55,370 $0 $55,370
2016 $1,969 $77,630 $0 $77,630
2015 $1,918 $77,630 $0 $77,630
2014 $1,865 $77,630 $0 $77,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10011940

SmartMLS

APN: ELYM-000801-000063-000001-000006