NOT LISTED FOR SALE

15 Freedom Way Unit 69 Niantic, CT 06357

Estimated Value: $396,000 - $424,000

3 Beds
2.5 Baths
1,940 Sq Ft
$391/mo HOA Fee

Last Sold March 22, 2024

Last sale price $385,000 $198 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,102/month

50 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Central Air
  • East Lyme Middle School Rated A-
  • Guest Parking
  • Concrete Flooring

About This Home

As of March 2024

Freedom Way condo-loaded with space -Three floors of living -Open floor plan -Great room-combo Lr/Dr with slider to deck-eat in Kt with granite counters , pantry and eat at counter open to LR-Primary BR with full bath and walk in closet-addl Br on 2nd floor and 3 rd floor with BR 3 plus office and den -Bamboo flooring on first floor -FHA Heat and central air-2 car tandem garage under with still plenty of space-close to Rocky Neck State park and I 95

Last Listed By

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 12/06/2023

RE/MAX on the Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,864

Year Built

  • Built in 2006

HOA Fees

  • $391 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,940 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2531933

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, pest control, road maintenance, insurance
  • 108 Units
  • Property managed by NE Property Group

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,864

Year Built

Built in 2006

Lot Details

0

HOA Fees

$391 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1940
  • Total Sq Ft: 1940
  • Year Built: 2006
  • New Construction: No/Resale
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Alterations
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 2995
  • Directions: GPS Friendly
  • Financing Used: CHFA
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 1940
  • Spec Assoc Asses: No
  • Street Type: Way
  • Special Features: None

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full, Concrete Floor, Garage Access, Walk-out
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: 2nd floor
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 15

Exterior Features

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

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Under House Garage, Tandem

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • 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, Property Management, Pest Control, Road Maintenance, Insurance
  • Levels In Unit: 3
  • HOA Fees: 391
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: NE Property Group
  • Total Number of Units In Complex: Sea Spray

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: LI
  • Parcel #: 2531933

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 108

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4864
  • Total Assessed Value: 195510
  • Mil Rate Total: 24.88

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Mar 22, 2024
Sold by
Fedikovich Michael A
Bought by
Rivard Nicholas A
Seller's Agent
Ann Carpenter
RE/MAX on the Bay
Buyer's Agent
Matt Soares
RE/MAX Legends
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Total Days on Market
50
Views
269
Current Estimated Value
$411,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,672
Avg. Annual Appreciation
6.16%
Original Mortgage
$373,450
Outstanding Balance
$370,246
Interest Rate
6.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$41,426

Purchase Details

Listed on
Aug 1, 2012
Closed on
Oct 31, 2012
Sold by
Nukalapati Sumant R
Bought by
Fedikovich Michael A
Seller's Agent
Joseph Kelly
William Pitt Sotheby's Int'l
List Price
$215,000
Sold Price
$207,500
Premium/Discount to List
-$7,500
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$203,634
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2007
Sold by
Sea Seray Homes Llc
Bought by
Nukalapati Sumant and Dondeti Latha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,900
Interest Rate
6.14%

Purchase Details

Closed on
Mar 29, 2000
Sold by
Grant-Smith Jane
Bought by
Hallberg Sarah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8%

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
Rivard Nicholas A $385,000 None Available
Rivard Nicholas A $385,000 None Available
Fedikovich Michael A $207,500 --
Fedikovich Michael A $207,500 --
Nukalapati Sumant $279,905 --
Hallberg Sarah L $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivard Nicholas A $373,450
Closed Rivard Nicholas A $373,450
Closed Rivard Nicholas A $15,000
Previous Owner Hallberg Sarah L $203,634
Previous Owner Hallberg Sarah L $223,900
Previous Owner Hallberg Sarah L $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $385,000 -3.7% $198 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
12/06/2023 12/06/23 For Sale $399,900 +92.7% $206 / Sq Ft
10/29/2012 10/29/12 Sold $207,500 -3.5% $107 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $215,000 -- $111 / 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 $5,152 $195,510 $0 $195,510
2023 $4,864 $195,510 $0 $195,510
2022 $4,661 $195,510 $0 $195,510
2021 $4,590 $161,000 $0 $161,000
2020 $4,566 $161,000 $0 $161,000
2019 $4,539 $161,000 $0 $161,000
2018 $4,403 $161,000 $0 $161,000
2017 $4,212 $161,000 $0 $161,000
2016 $4,337 $171,010 $0 $171,010
2015 $4,226 $171,010 $0 $171,010
2014 $4,109 $171,010 $0 $171,010
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170613693

SmartMLS

APN: ELYM-000900-000028-000069