NOT LISTED FOR SALE

15 Freedom Way Unit 27 Niantic, CT 06357

Estimated Value: $220,000 - $227,000

1 Bed
1 Bath
937 Sq Ft
$61/mo HOA Fee

Last Sold May 13, 2022

Last sale price $151,000 $161 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,413/month

3 Days on Market

Highlights

  • Ranch Style House
  • Partially Wooded Lot
  • Guest Parking
  • East Lyme Middle School Rated A-
  • End Unit
  • Central Air

About This Home

As of May 2022

FIRST FLOOR End Unit- 1 bdrm, 1 bath WORKFORCE/AFFORDABLE HOUSING UNIT-Original Owner so well maintained over the years. Slider off kitchen onto an outside patio to enjoy the warmer seasons. Close to Rocky Neck State Park and town beaches. Low condo fee of $61 a month and low taxes at $2169 yr because it is a workforce unit. Current income limits for 1 person $37,212 and two people $42,528 and buyer needs to be qualified. Located just off I-95 and Route 156 along the shore..

Last Agent to Sell the Property

Susan Russ

CENTURY 21 Shutters & Sails License #RES.0597446 Listed on: 04/23/2022

CENTURY 21 Shutters & Sails

Last Buyer's Agent

David Boudinot

Berkshire Hathaway NE Prop. License #RES.0808900

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,169

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • Partially Wooded Lot

HOA Fees

  • $61 Monthly HOA Fees

Home Design

  • 937 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Visitor Parking

Location

  • Property is near a golf course

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane Water Heater
  • Cable TV Available

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,169

Year Built

Built in 2007

Lot Details

0

HOA Fees

$61 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 937
  • Public Record Living Room Sq Ft: 937
  • Total Sq Ft: 937
  • Year Built: 2007
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Library, Medical Facilities, Park
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1037
  • Directions: Route 156 to Liberty Way (Across from Rocky Neck Entrance) take left onto Freedom Way.
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Insurance
  • Complex Name: Sea Spray
  • HOA Fees: 61
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 860-437-7005

Lot Info

  • Lot Description: Level Lot, Lightly Wooded
  • Zoning: LI

Rental Info

  • Pets Allowed Info: See Condo Rules
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 2169
  • Mil Rate Base: 28.510
  • Assessor Parcel Number: 2549774

Multi Family

  • Total Num Of Units: 108

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2008
Sold by
Sea Spray Homes Llc
Bought by
Arnold Barbara
Current Estimated Value
$222,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Outstanding Balance
$52,098
Interest Rate
5.57%
Estimated Equity
$170,262
Source: Public Records

Range of Values:

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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
Arnold Barbara $105,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Barbara $84,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $151,000 +0.7% $161 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $150,000 -- $160 / 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 $2,259 $80,640 $0 $80,640
2024 $2,125 $80,640 $0 $80,640
2023 $2,006 $80,640 $0 $80,640
2022 $1,922 $80,640 $0 $80,640
2021 $2,169 $76,090 $0 $76,090
2020 $2,158 $76,090 $0 $76,090
2019 $2,145 $76,090 $0 $76,090
2018 $2,081 $76,090 $0 $76,090
2017 $1,991 $76,090 $0 $76,090
2016 $1,891 $74,550 $0 $74,550
2015 $1,842 $74,550 $0 $74,550
2014 $1,791 $74,550 $0 $74,550
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Susan Russ

    CENTURY 21 Shutters & Sails

    (860) 608-9199

    5 in this area

    87 Total Sales

    Susan Russ
    Section Image
  • David Boudinot

    Buyer's Agent in 2022

    David Boudinot

    Berkshire Hathaway Home Services

    (860) 510-2018

    1 in this area

    36 Total Sales

    David Boudinot
    Section Image
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Map

Source: SmartMLS

MLS Number: 170479451

SmartMLS

APN: ELYM-000900-000028-000027

Connecticut New London County Niantic 06357

15 Freedom Way Unit 27, Niantic, CT

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