NOT LISTED FOR SALE

15 Freedom Way Unit 23 Niantic, CT 06357

Estimated Value: $433,000 - $449,000

3 Beds
3.5 Baths
1,920 Sq Ft
$229/Sq Ft Est. Value

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 $3,043/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 Agent to Sell the Property

Wendy Roth

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

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Renee McCammon

Berkshire Hathaway NE Prop. License #RES.0801811

Berkshire Hathaway NE Prop.

Townhouse Details

Home Type

  • Townhome

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
  • 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

Townhouse Details

Home Type

Townhome

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)

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
  • 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

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
  • Mil Rate Base: 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
Current Estimated Value
$440,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,241
Avg. Annual Appreciation
5.73%
Original Mortgage
$369,852
Outstanding Balance
$341,561
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$98,680

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%
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
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 List to Sale Price per Sq Ft
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
2025 $5,374 $191,870 $0 $191,870
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

  • W

    Seller's Agent in 2022

    Wendy Roth

    Berkshire Hathaway Home Services

    Section Image
  • Renee McCammon

    Buyer's Agent in 2022

    Renee McCammon

    Berkshire Hathaway Home Services

    (860) 705-8084

    5 in this area

    158 Total Sales

    Renee McCammon
    Section Image
  • Jamie Vangieri

    Buyer Co-Listing Agent in 2022

    Jamie Vangieri

    Berkshire Hathaway Home Services

    (401) 742-5779

    1 in this area

    9 Total Sales

    Jamie Vangieri
    Section Image
  • Annie Kaye Nowak

    Seller's Agent in 2016

    Annie Kaye Nowak

    Coldwell Banker Realty

    (860) 460-6859

    12 in this area

    62 Total Sales

    Annie Kaye Nowak
    Section Image
  • Anne Thurlow

    Seller Co-Listing Agent in 2016

    Anne Thurlow

    Coldwell Banker Realty

    (860) 460-2740

    14 in this area

    70 Total Sales

    Anne Thurlow
    Section Image
  • Amanda Gaudette

    Buyer's Agent in 2012

    Amanda Gaudette

    William Pitt

    (860) 859-7610

    22 in this area

    110 Total Sales

    Amanda Gaudette
    Section Image
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Map

Source: SmartMLS

MLS Number: 170451975

SmartMLS

APN: ELYM-000900-000028-000023

Connecticut New London County Niantic 06357

15 Freedom Way Unit 23, Niantic, CT

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