NOT LISTED FOR SALE

15 Freedom Way Unit 59 Niantic, CT 06357

Estimated Value: $432,000 - $456,000

3 Beds
3.5 Baths
1,920 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $340,000 $177 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,001/month

3 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Level Lot
  • East Lyme Middle School Rated A-
  • Central Air

About This Home

As of September 2021

Lovely 3 Bed & 3.5 Bath condo (townhouse style), granite kitchen counters, hardwood floor in the open concept living area, a bathroom for each bedroom, central AC, the unfinished WALK-OUT basement is ready for your expansion. Located in the charming seaside Village of Niantic with boardwalk, shopping, restaurants & theater, Just steps to beaches on Long Island Sound in Rocky Neck State Park, yet immediate access to I95. Half way between NYC and Boston. Only 12 minutes to Amtrak in Old Saybrook. School district is EAST LYME. East Lyme High School earned National Blue Ribbon Distinction in 2017. Hurry, won’t last!

Last Agent to Sell the Property

Weimin Qian

Wayne Realty License #REB.0790608 Listed on: 07/16/2021

Last Buyer's Agent

Prashant Patel

L.J. Shoreline Realty License #RES.0818855

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 2006

HOA Fees

  • $231 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Thermal Windows
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

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

Outdoor Features

  • Deck

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,504

Year Built

Built in 2006

Lot Details

0

HOA Fees

$231 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: 2006
  • Nearby Amenities: Park
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2965
  • Tax Year Updated Dt: 08/02/2021
  • Directions: Route 156 to Liberty Way, to Freedom way
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Description: Full With Walk-Out, Unfinished
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Upper Level
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • 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: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal
  • Complex Name: Sea Spray
  • HOA Fees: 231
  • 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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Zoning: LI

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4504
  • Mil Rate Base: 28.510
  • Assessor Parcel Number: 2545112

Multi Family

  • Total Num Of Units: 108

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
Jul 16, 2021
Closed on
Sep 10, 2021
Sold by
Jahnhu Llc
Bought by
Patel Anish and Patel Ankita
Seller's Agent
Weimin Qian
Wayne Realty
Buyer's Agent
Prashant Patel
L.J. Shoreline Realty
List Price
$335,000
Sold Price
$340,000
Premium/Discount to List
$5,000
1.49%
Current Estimated Value
$444,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,272
Avg. Annual Appreciation
6.69%
Original Mortgage
$272,000
Outstanding Balance
$247,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$196,772

Purchase Details

Closed on
Jul 5, 2007
Sold by
Sea Spray Homes Llc
Bought by
Peterson Mark and Peterson Leenu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.39%
Source: Public Records

Range of Values:

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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
Patel Anish $340,000 None Available
Peterson Mark $299,062 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Anish $272,000
Previous Owner Peterson Mark $199,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2021 09/10/21 Sold $340,000 +1.5% $177 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $335,000 0.0% $174 / Sq Ft
08/03/2020 08/03/20 Rented $2,000 0.0% --
07/17/2020 07/17/20 For Rent $2,000 +5.3% --
10/11/2017 10/11/17 Rented $1,900 0.0% --
10/05/2017 10/05/17 Under Contract -- -- --
09/06/2017 09/06/17 For Rent $1,900 +2.7% --
04/06/2015 04/06/15 Rented $1,850 0.0% --
03/20/2015 03/20/15 Under Contract -- -- --
03/13/2015 03/13/15 For Rent $1,850 0.0% --
12/30/2014 12/30/14 Sold $223,000 -10.8% $116 / Sq Ft View Prior Sale
12/08/2014 12/08/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $249,900 -- $130 / 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 $5,341 $190,680 $0 $190,680
2024 $5,024 $190,680 $0 $190,680
2023 $4,744 $190,680 $0 $190,680
2022 $4,546 $190,680 $0 $190,680
2021 $4,504 $157,990 $0 $157,990
2020 $4,481 $157,990 $0 $157,990
2019 $4,454 $157,990 $0 $157,990
2018 $4,321 $157,990 $0 $157,990
2017 $4,133 $157,990 $0 $157,990
2016 $4,355 $171,710 $0 $171,710
2015 $4,243 $171,710 $0 $171,710
2014 $4,126 $171,710 $0 $171,710
Source: Public Records

Agents Affiliated with this Home

  • Weimin Qian

    Seller's Agent in 2021

    Weimin Qian

    Wayne Realty

    (860) 460-9846

    11 in this area

    40 Total Sales

    Weimin Qian
    Section Image
  • Prashant Patel

    Buyer's Agent in 2021

    Prashant Patel

    L.J. Shoreline Realty

    (860) 333-2998

    7 in this area

    14 Total Sales

    Prashant Patel
    Section Image
  • Del Ford

    Seller's Agent in 2020

    Del Ford

    United Realty Plus

    (860) 705-3323

    7 Total Sales

    Del Ford
    Section Image
  • Kiara Rusconi

    Buyer's Agent in 2020

    Kiara Rusconi

    William Raveis Real Estate

    (860) 573-3382

    5 in this area

    79 Total Sales

    Kiara Rusconi
    Section Image
  • Andrew McGurer

    Buyer's Agent in 2017

    Andrew McGurer

    Drawbridge Realty

    (860) 884-1702

    1 in this area

    7 Total Sales

    Andrew McGurer
    Section Image
  • Banglian Gao

    Seller's Agent in 2015

    Banglian Gao

    United Realty Plus

    (860) 518-2068

    34 in this area

    162 Total Sales

    Banglian Gao
    Section Image
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Map

Source: SmartMLS

MLS Number: 170420270

SmartMLS

APN: ELYM-000900-000028-000059

Connecticut New London County Niantic 06357

15 Freedom Way Unit 59, Niantic, CT

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