NOT LISTED FOR SALE

15 Freedom Way Unit 1 Niantic, CT 06357

Estimated Value: $441,000 - $480,994

3 Beds
3.5 Baths
1,940 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $431,000 $222 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,213/month

2 Days on Market

Highlights

  • Deck
  • Zoned Heating and Cooling System
  • Level Lot
  • East Lyme Middle School Rated A-

About This Home

As of June 2023

Ocean View! Not facing I-95 nor connector. 3 Bed & 3.5 Bath condo (townhouse style) with tandem 2 car garage, granite kitchen counters, hardwood floor in the open concept living area, private bathrooms for each bedroom, central AC, A spacious master bedroom suite with stylish bathroom and walk-in closet. Located in seaside Village of Niantic with boardwalk, shopping, restaurants, yet immediate access to I95. Just steps to beaches on Long Island Sound in Rocky Neck State Park! Halfway between NYC and Boston. Only 12 minutes to Amtrak in Old Saybrook. School district is EAST LYME. East Lyme High School earned National Blue Ribbon Distinction in 2017. Hurry, Won't last!

Last Agent to Sell the Property

Weimin Qian

Wayne Realty License #REB.0790608 Listed on: 05/14/2023

Last Buyer's Agent

Prashant Patel

L.J. Shoreline Realty License #RES.0818855

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,021

Year Built

  • Built in 2008

HOA Fees

  • $343 Monthly HOA Fees

Home Design

  • 1,940 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Deck

Outdoor Features

  • Deck

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2549748

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, road maintenance
  • 108 Units
  • Property managed by Northeast Property Group

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,021

Year Built

Built in 2008

Lot Details

0

HOA Fees

$343 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1940
  • Total Sq Ft: 1940
  • Year Built: 2008
  • New Construction: No/Resale
  • Nearby Amenities: Park
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2995
  • Directions: Rt 156 to Liberty, left onto Freedom Way, entrance on the left
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Way
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Description: None
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Laundry Room Info: Upper Level
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Tandem

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Propane
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Road Maintenance
  • HOA Fees: 343
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: (860) 437-7005
  • Total Number of Units In Complex: Sea Spray

Lot Info

  • Lot Description: Level Lot
  • Zoning: LI
  • Parcel #: 2549748

Rental Info

  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 108

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5021

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
May 14, 2023
Closed on
Jun 30, 2023
Sold by
Wang Xiaochun
Bought by
Malik Vikash and Purwar Namrta
Seller's Agent
Weimin Qian
Wayne Realty
Buyer's Agent
Prashant Patel
L.J. Shoreline Realty
List Price
$430,000
Sold Price
$431,000
Premium/Discount to List
$1,000
0.23%
Views
26
Current Estimated Value
$458,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,499
Avg. Annual Appreciation
2.69%
Original Mortgage
$387,900
Outstanding Balance
$377,921
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$80,578

Purchase Details

Listed on
Aug 9, 2013
Closed on
Sep 13, 2013
Sold by
Gabriele Jessica
Bought by
Gupta Yogesh and Gupta Madhu
Seller's Agent
Ann Carpenter
RE/MAX on the Bay
Buyer's Agent
Banglian Gao
United Realty Plus
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$180,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2011
Closed on
Jan 11, 2012
Sold by
Harvey Jill E and Lake Ronald E
Bought by
Gabriele Jessica
Seller's Agent
Elaine Burns
eXp Realty
Buyer's Agent
Ann Carpenter
RE/MAX on the Bay
List Price
$279,900
Sold Price
$249,900
Premium/Discount to List
-$30,000
-10.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$237,405
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2008
Sold by
Sea Spray Homes Llc
Bought by
Lake Ronald and Harvey Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Malik Vikash $431,000 None Available
Gupta Yogesh $260,000 --
Gabriele Jessica $249,900 --
Lake Ronald $323,530 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Vikash $387,900
Previous Owner Lake Ronald $150,000
Previous Owner Lake Ronald $180,000
Previous Owner Lake Ronald $237,405
Previous Owner Lake Ronald $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $431,000 +0.2% $222 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $430,000 +22.9% $222 / Sq Ft
10/13/2021 10/13/21 Sold $350,000 -4.1% $180 / Sq Ft View Prior Sale
08/27/2021 08/27/21 Pending -- -- --
08/08/2021 08/08/21 For Sale $365,000 +40.4% $188 / Sq Ft
09/13/2013 09/13/13 Sold $260,000 -3.7% $129 / Sq Ft View Prior Sale
08/12/2013 08/12/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $269,900 +8.0% $134 / Sq Ft
01/10/2012 01/10/12 Sold $249,900 -10.7% $124 / Sq Ft View Prior Sale
09/07/2011 09/07/11 Pending -- -- --
01/08/2011 01/08/11 For Sale $279,900 -- $139 / 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 $5,653 $201,810 $0 $201,810
2024 $5,318 $201,810 $0 $201,810
2023 $5,021 $201,810 $0 $201,810
2022 $4,811 $201,810 $0 $201,810
2021 $4,814 $168,840 $0 $168,840
2020 $4,788 $168,840 $0 $168,840
2019 $4,760 $168,840 $0 $168,840
2018 $4,618 $168,840 $0 $168,840
2017 $4,417 $168,840 $0 $168,840
2016 $4,543 $179,130 $0 $179,130
2015 $4,426 $179,130 $0 $179,130
2014 $4,304 $179,130 $0 $179,130
Source: Public Records

Agents Affiliated with this Home

  • Weimin Qian

    Seller's Agent in 2023

    Weimin Qian

    Wayne Realty

    (860) 460-9846

    11 in this area

    40 Total Sales

    Weimin Qian
    Section Image
  • Prashant Patel

    Buyer's Agent in 2023

    Prashant Patel

    L.J. Shoreline Realty

    (860) 333-2998

    7 in this area

    14 Total Sales

    Prashant Patel
    Section Image
  • Justin Bradley

    Buyer's Agent in 2021

    Justin Bradley

    Coldwell Banker Realty

    (860) 961-1846

    9 in this area

    111 Total Sales

    Justin Bradley
    Section Image
  • Ann Carpenter

    Seller's Agent in 2013

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    64 in this area

    247 Total Sales

    Ann Carpenter
    Section Image
  • Banglian Gao

    Buyer's Agent in 2013

    Banglian Gao

    United Realty Plus

    (860) 518-2068

    34 in this area

    162 Total Sales

    Banglian Gao
    Section Image

  • E

    Seller's Agent in 2012

    Elaine Burns

    eXp Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: 170569971

SmartMLS

APN: ELYM-000900-000028-000001

Connecticut New London County Niantic 06357

15 Freedom Way Unit 1, Niantic, CT

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