NOT LISTED FOR SALE

15 Freedom Way Unit 48 Niantic, CT 06357

Estimated Value: $241,000 - $250,000

2 Beds
1 Bath
1,236 Sq Ft
$112/mo HOA Fee

Last Sold January 17, 2025

Last sale price $240,000 $194 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,731/month

35 Days on Market

Highlights

  • Deck
  • Attic
  • Thermal Windows
  • East Lyme Middle School Rated A-
  • End Unit
  • Exterior Wheelchair Lift

About This Home

As of January 2025

Discover coastal living in this lovely end-unit townhome condo, perfectly situated in the desirable Sea Spray community of Niantic. 2 bedrooms and 1 bath with fresh paint and brand-new carpeting, this home offers a welcoming retreat just moments from beautiful beaches and Rocky Neck State Park. Step inside to find a spacious living room featuring a soaring cathedral ceiling, creating an airy ambiance. The adjacent dining area is perfect for gatherings, while the fully applianced kitchen boasts an upper deck, ideal for enjoying morning coffee or evening sunsets. Convenience is key, with laundry located within the unit's bath. Additional highlights include central air for summer comfort and propane heat for cozy winters. For added accessibility, a chair lift enhances ease of movement throughout the space. This home combines comfort and functionality in a serene setting. Don't miss your chance to make it yours! This is an 80% Workforce-Affordable Housing Unit, which has strict income limits for a new buyer. Conventional financing must be used to purchase A Workforce Unit.

Last Listed By

Marilyn Lusher

RE/MAX Legends License #REB.0754324 Listed on: 11/18/2024

RE/MAX Legends

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,156

Year Built

  • Built in 2006

HOA Fees

  • $112 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,236 Sq Ft Home
  • Thermal Windows
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Parking

  • 1 Parking Space
  • Parking Deck

Accessible Home Design

  • Exterior Wheelchair Lift
  • Chairlift

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Propane
  • Electric Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Additional Features

  • Deck
  • End Unit

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2549795

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,156

Year Built

Built in 2006

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1236
  • Total Sq Ft: 1236
  • Year Built: 2006
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Public Rec Facilities
  • Property Sub Type: Condominium
  • Handicap Features: Chair Lift
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Unit On Floor Number: 2
  • Directions: West Main St to Liberty Way, take a left onto Freedom Way Unit #48. Marked visitor parking nearby.
  • Financing Used: Cash
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 1236
  • Spec Assoc Asses: No
  • Street Type: Way
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Storage Space, Access Via Hatch
  • Basement Description: None
  • Interior Amenities: Cable - Available
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: In unit bathroom
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 15

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: None, Paved, Assigned Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Electric, Tank Size Unknown
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup
  • Levels In Unit: 2
  • HOA Fees: 112
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Northeast Property Group
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: (860) 437-7005
  • Total Number of Units In Complex: Sea Spray

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: LI
  • Parcel #: 2549795

Rental Info

  • Pets Allowed Info: Per HOA
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 108

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3156
  • Total Assessed Value: 119770
  • Mil Rate Total: 26.35

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
Aug 3, 2023
Closed on
Sep 21, 2023
Sold by
Andrews Pamella L
Bought by
Plona Lydia
Seller's Agent
John Troland
William Raveis Real Estate
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$219,000
Sold Price
$255,000
Premium/Discount to List
$36,000
16.44%
Total Days on Market
35
Views
85
Current Estimated Value
$244,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,426
Avg. Annual Appreciation
-2.54%
Original Mortgage
$204,000
Outstanding Balance
$200,812
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$43,762

Purchase Details

Closed on
Jan 3, 2011
Sold by
Opeka Janel and Cortes-Inostroza Luciano
Bought by
Andrews Pamella L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2007
Sold by
Sea Spray Homes Llc
Bought by
Opeka Janel and Cortes-Inostroza Luciano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,860
Interest Rate
6.73%

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
Plona Lydia $255,000 None Available
Andrews Pamella L $195,000 --
Opeka Janel $170,016 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plona Lydia $204,000
Previous Owner Opeka Janel $100,000
Previous Owner Opeka Janel $167,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $240,000 0.0% $194 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $240,000 -5.9% $194 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/21/2023 09/21/23 Sold $255,000 +16.4% $206 / Sq Ft
08/03/2023 08/03/23 For Sale $219,000 -- $177 / 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 $3,156 $119,770 $0 $119,770
2023 $2,980 $119,770 $0 $119,770
2022 $2,855 $119,770 $0 $119,770
2021 $3,185 $111,720 $0 $111,720
2020 $3,168 $111,720 $0 $111,720
2019 $3,149 $111,720 $0 $111,720
2018 $3,056 $111,720 $0 $111,720
2017 $2,923 $111,720 $0 $111,720
2016 $2,778 $109,550 $0 $109,550
2015 $2,707 $109,550 $0 $109,550
2014 $2,632 $109,550 $0 $109,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24048669

SmartMLS

APN: ELYM-000900-000028-000048