NOT LISTED FOR SALE

15 Freedom Way Unit 23 Niantic, CT 06357

Estimated Value: $408,000 - $476,000

3 Beds
3.5 Baths
1,920 Sq Ft
$291/mo HOA Fee

Last Sold January 24, 2022

Last sale price $357,000 $186 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,144/month

25 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • 1 Fireplace
  • East Lyme Middle School Rated A-
  • Partially Wooded Lot
  • Balcony

About This Home

As of January 2022

Carefree living in this meticulously maintained open floor plan, 3 bdrm 3-1/2 bath townhouse style condo located in desirable seaside village of NIANTIC!! Two spacious master bedroom suites or make one your Home Office. Property has public sewer, public water and very low HOA fees. Condo has been updated through out - Freshly Painted with custom crown moldings, newer stainless appliances, custom cabinets, granite countertops, double stainless sink, all new flooring, new carpets, new LED fixtures, all new Ceiling Fans, California closet and new glass shower door in Master Bath, Smart thermostats and keyless smart door entry. Home has a BEACHY, contemporary vibe with sliding doors off Living Room to easy living Trex Deck. Walk out basement ready for expansion. Conveniently located to I-95, 12 minutes to AmTrak in Old Saybrook, 2 hours to NY or Boston, steps to Rocky Neck State Park, Niantic seaside village featuring excellent schools / H.S. that earned national blue ribbon distinction, L.I. Sound Beaches, movie theater, children's museum, wonderful restaurants and boutiques. Won't Last!!!!

Last Listed By

Wendy Roth

Berkshire Hathaway NE Prop. License #RES.0793885 Listed on: 11/14/2021

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,580

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Partially Wooded Lot

HOA Fees

  • $291 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • French Doors
  • Water Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

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

Home Security

  • Smart Locks
  • Smart Thermostat

Outdoor Features

  • Balcony

Schools

  • Niantic Center Elementary School
  • East Lyme High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Propane
  • Programmable Thermostat
  • Fuel Tank Located in Ground
  • Cable TV Available

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,580

Year Built

Built in 2007

Lot Details

0

HOA Fees

$291 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1920
  • Public Record Living Room Sq Ft: 1920
  • Total Sq Ft: 1920
  • Year Built: 2007
  • Nearby Amenities: Medical Facilities, Park
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2965
  • Directions: Rt 156 to Liberty, left to Freedom Way left into complex
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Heated, Cooled
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Laundry Room Info: Upper Level
  • Attic: No
  • Home Automation: Lock(s), Thermostat(s)
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Balcony, French Doors
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management
  • Complex Name: Sea Spray
  • Levels In Unit: 3
  • HOA Fees: 291
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: j.gosnell@neproperty.com
  • Property Manager Name: John Gosnell
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 860-437-7005

Schools

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

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: Level Lot, Lightly Wooded
  • Flood Zone: No
  • Zoning: LI

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4580
  • Total Assessed Value: 160650
  • Mil Rate Base: 28.510
  • Mil Rate Total: 28.510
  • Assessor Parcel Number: 2549770

Multi Family

  • Total Num Of Units: 108

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2021
Closed on
Jan 24, 2022
Sold by
Kuzak Michael C
Bought by
Castellano Philip P
Seller's Agent
Wendy Roth
Berkshire Hathaway NE Prop.
Buyer's Agent
Renee McCammon
Berkshire Hathaway NE Prop.
List Price
$357,000
Sold Price
$357,000
Total Days on Market
25
Current Estimated Value
$438,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,658
Avg. Annual Appreciation
6.48%
Original Mortgage
$369,852
Outstanding Balance
$345,015
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,643

Purchase Details

Closed on
Jul 2, 2018
Sold by
Balasubramanian Marudai and Balasubramanian Kalyani
Bought by
Kuzak Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2008
Sold by
Sea Spray Homes Llc
Bought by
Balasubramanian Marudai and Balasubramanian Kalyani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.17%

Range of Values:

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Average Value
Not Available
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
Castellano Philip P $357,000 None Available
Kuzak Michael $240,000 --
Balasubramanian Marudai $298,136 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castellano Philip P $369,852
Previous Owner Balasubramanian Marudai $232,800
Previous Owner Balasubramanian Marudai $199,000
Previous Owner Balasubramanian Marudai $211,000
Previous Owner Balasubramanian Marudai $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $357,000 0.0% $186 / Sq Ft
11/14/2021 11/14/21 For Sale $357,000 0.0% $186 / Sq Ft
06/18/2016 06/18/16 Rented $2,000 0.0% --
06/15/2016 06/15/16 Under Contract -- -- --
03/04/2016 03/04/16 For Rent $2,000 +11.1% --
11/11/2012 11/11/12 Rented $1,800 -5.3% --
10/19/2012 10/19/12 Under Contract -- -- --
10/08/2012 10/08/12 For Rent $1,900 -- --
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 $5,056 $191,870 $0 $191,870
2023 $4,774 $191,870 $0 $191,870
2022 $4,574 $191,870 $0 $191,870
2021 $9,648 $160,650 $0 $160,650
2020 $4,556 $160,650 $0 $160,650
2019 $9,795 $160,650 $0 $160,650
2018 $4,394 $160,650 $0 $160,650
2017 $4,203 $160,650 $0 $160,650
2016 $4,424 $174,440 $0 $174,440
2015 $4,310 $174,440 $0 $174,440
2014 $4,192 $174,440 $0 $174,440
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170451975

SmartMLS

APN: ELYM-000900-000028-000023