NOT LISTED FOR SALE

15 Freedom Way Unit 107 Niantic, CT 06357

Estimated Value: $413,000 - $450,000

4 Beds
3.5 Baths
1,920 Sq Ft
$366/mo HOA Fee

Last Sold May 14, 2024

Last sale price $415,000 $216 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,195/month

213 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • 1 Fireplace
  • East Lyme Middle School Rated A-
  • Deck
  • Zoned Heating and Cooling System

About This Home

As of May 2024

What a rare opportunity at Sea Spray condo (townhouse style) in the East Lyme / Niantic marketplace! The spacious Ocean View 1920sf with FOUR bedrooms, THREE AND HALF baths with full size WALK-OUT basement for future expansion, A gas fireplace in the living room/dining area with hardwood floors & a sliding door to the deck with electric awning, double sink, granite counters & a custom island &pantry, induction cook-top stove, custom window coverings, central air, and sizable deck. located in the charming seaside Village of Niantic with boardwalk, shopping, restaurants, yet immediate access to I95, but distance from I-95 nor connector traffic noise. Just steps to beaches on Long Island Sound in Rocky Neck State Park! Half way between NYC and Boston. Only 12minutes to Amtrak in Old Saybrook. School district is EAST LYME. East Lyme High School earned National Blue Ribbon Distinction in 2017.

Last Listed By

Weimin Qian

Wayne Realty License #REB.0790608 Listed on: 08/26/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 2008

HOA Fees

  • $366 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Awning
  • Water Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Parking Deck

Schools

  • East Lyme High School

Utilities

  • Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Programmable Thermostat
  • Electric Water Heater

Additional Features

  • Deck
  • Waterfront
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 2549821

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,828

Year Built

Built in 2008

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1920
  • Total Sq Ft: 1920
  • Year Built: 2008
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Park, Public Rec Facilities
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2965
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1920
  • Spec Assoc Asses: No
  • Street Type: Way
  • Special Features: None

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Unfinished
  • Interior Amenities: Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Electric Dryer
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Awnings, Deck
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 2
  • Garage And Parking: Assigned Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas, 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, Property Management
  • Levels In Unit: 3
  • HOA Fees: 366
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 8604377005
  • Total Number of Units In Complex: Sea Spray

Schools

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

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Lot Description: Level Lot
  • Zoning: LI
  • Parcel #: 2549821

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 108

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4828
  • Total Assessed Value: 194040
  • Mil Rate Total: 24.88

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2023
Closed on
May 14, 2024
Sold by
Zhang Xiaohua
Bought by
Chen Mingyin and Liu Sisi
Seller's Agent
Weimin Qian
Wayne Realty
Buyer's Agent
Ingrid Lin
Wayne Realty
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%
Total Days on Market
213
Views
753
Current Estimated Value
$433,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,417
Avg. Annual Appreciation
4.91%
Original Mortgage
$249,000
Outstanding Balance
$247,254
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,693

Purchase Details

Listed on
Mar 7, 2016
Closed on
Apr 27, 2016
Sold by
Camboulives Frederic P and Camboulives Agnes J
Bought by
Zhang Xiaohua and Fu Yuwen
Seller's Agent
Judy Rowley
Coldwell Banker Realty
Buyer's Agent
Weimin Qian
Wayne Realty
List Price
$259,900
Sold Price
$252,000
Premium/Discount to List
-$7,900
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$130,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2008
Sold by
Sea Spray Homes Llc
Bought by
Camboulives Frederic and Camboulives Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,936
Interest Rate
6.17%

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
Chen Mingyin $415,000 None Available
Chen Mingyin $415,000 None Available
Zhang Xiaohua $252,000 --
Zhang Xiaohua $252,000 --
Camboulives Frederic $324,936 --
Camboulives Frederic $324,936 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Mingyin $249,000
Closed Chen Mingyin $249,000
Previous Owner Camboulives Frederic $130,000
Previous Owner Camboulives Frederic $224,936
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $415,000 -3.3% $216 / Sq Ft
04/08/2024 04/08/24 For Sale $429,000 0.0% $223 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $429,000 -2.3% $223 / Sq Ft
09/10/2023 09/10/23 Price Changed $439,000 -4.5% $229 / Sq Ft
08/26/2023 08/26/23 For Sale $459,900 +82.5% $240 / Sq Ft
04/27/2016 04/27/16 Sold $252,000 -3.0% $131 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $259,900 -- $135 / 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 $5,113 $194,040 $0 $194,040
2023 $4,828 $194,040 $0 $194,040
2022 $4,626 $194,040 $0 $194,040
2021 $4,630 $162,400 $0 $162,400
2020 $4,606 $162,400 $0 $162,400
2019 $4,578 $162,400 $0 $162,400
2018 $4,442 $162,400 $0 $162,400
2017 $4,248 $162,400 $0 $162,400
2016 $4,472 $176,330 $0 $176,330
2015 $4,357 $176,330 $0 $176,330
2014 $4,237 $176,330 $0 $176,330
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170593888

SmartMLS

APN: ELYM-000900-000028-000107