NOT LISTED FOR SALE

15 Freedom Way Unit 48 Niantic, CT 06357

Estimated Value: $217,000 - $264,434

2 Beds
1 Bath
1,236 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2025

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

Est. 1% decrease in value since last sale

Current estimated payment $1,679 / mo

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 Agent to Sell the Property

Marilyn Lusher

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

RE/MAX Legends

Last Buyer's Agent

Kim Benoit

CENTURY 21 Shutters & Sails License #RES.0761995

CENTURY 21 Shutters & Sails

Townhouse Details

Home Type

  • Townhome

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

Additional Features

  • Deck
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 2549795

Community Details

Overview

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

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,156

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

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
  • 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
  • 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

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
  • 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

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

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Jan 16, 2025
Sold by
Bought by
Seller's Agent
Marilyn Lusher
RE/MAX Legends
Buyer's Agent
Kim Benoit
CENTURY 21 Shutters & Sails
List Price
$240,000
Sold Price
$240,000
Views
137
Current Estimated Value
$238,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,641
Avg. Annual Appreciation
-0.48%

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 21, 2023
Sold by
Bought by
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%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.46%
Original Mortgage
$204,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2011
Sold by
Bought by

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
Bought by

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 None Available
$240,000 None Available
$255,000 None Available
$195,000 --
$170,016 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $204,000
Previous Owner $100,000
Previous Owner $167,860
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
08/03/2023 08/03/23 For Sale $219,000 -- $177 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,355 $119,770 $0 $119,770
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

  • Marilyn Lusher

    Seller's Agent in 2025

    Marilyn Lusher

    RE/MAX

    (860) 460-9559

    258 Total Sales

    Marilyn Lusher
    Section Image
  • Kim Benoit

    Buyer's Agent in 2025

    Kim Benoit

    CENTURY 21 Shutters & Sails

    (860) 460-8739

    92 Total Sales

    Kim Benoit
    Section Image
  • John Troland

    Seller's Agent in 2023

    John Troland

    William Raveis Real Estate

    (860) 753-1661

    76 Total Sales

    John Troland
    Section Image
  • The Bowes Team

    Buyer's Agent in 2023

    The Bowes Team

    RE/MAX

    (860) 739-0888

    71 Total Sales

    The Bowes Team
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24048669

SmartMLS

APN: ELYM-000900-000028-000048

Connecticut New London County Niantic 06357

15 Freedom Way Unit 48, Niantic, CT

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