NOT LISTED FOR SALE

25 Regatta Dr Niantic, CT 06357

Estimated Value: $704,763 - $757,000

3 Beds
2.5 Baths
2,858 Sq Ft
$258/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $425,000 $149 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,104/month

199 Days on Market

Highlights

  • Active Adult
  • Deck
  • 1 Fireplace
  • Open Floorplan
  • Attic
  • 2 Car Attached Garage

About This Home

As of December 2020

Sunfilled, Stunning Condominium Home in very desirable 55+ Active Adult Spinnaker Community in Niantic, near Niantic Boardwalk and village shops & restaurants. Two story foyer and high ceilings create light-filled spaces throughout. Beautifully designed, decorated and maintained. The heart & center of this home is the Kitchen with center island and sliding glass door to the deck and level backyard in a relatively private setting. This open and well-equipped kitchen is adjacent to the Family Room with fireplace and Sunroom with another sliding glass door to the deck, creating an ideal flow entertaining with family & friends. Enjoy the Living Room and Formal Dining Room. Luxurious Master Suite features palladian window, master bath with double sinks, whirlpool tub, separate shower and walk-in closet. Second floor loft area open to below provides additional space for an office or other possibilities. Two additional bedrooms and guest bathroom. Many amenities include central vacuum, central air, built-in stereo system, built-in cabinetry in the Family Room, New furnace, New air-conditioning system, two car attached garage, full basement, Conveniently located two hours from New York or Boston. Near beaches, movie theater, parks, boutique shopping and Niantic Boardwalk along L.I.Sound. Beautifully landscaped grounds with sidewalks along the community roads for daily exercise in the beautiful neighborhood. So much to offer!

Last Agent to Sell the Property

Laurie Walker

William Pitt Sotheby's Int'l License #RES.0417234 Listed on: 04/13/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Terry Kemper

Coldwell Banker Realty License #RES.0766534

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,900

Year Built

  • Built in 2004

Lot Details

  • Level Lot
  • Property is zoned R40

HOA Fees

  • $439 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,858 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Entrance Foyer
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener

Schools

  • East Lyme High School

Utilities

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

Additional Features

  • Deck
  • Property is near shops

Community Details

  • Active Adult
  • Spinnaker Community
  • Property managed by Sound Real Estate Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,900

Year Built

Built in 2004

Lot Details

0

HOA Fees

$439 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Single Family Detached
  • Sq Ft Est Heated Above Grade: 2858
  • Public Record Living Room Sq Ft: 2858
  • Total Sq Ft: 2858
  • Year Built: 2004
  • Nearby Amenities: Library, Medical Facilities, Park, Public Pool, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5239
  • Tax Year Updated Dt: 07/20/2020
  • Directions: West Main Street to Spinnaker. Follow Spinnaker Drive to 25 Regatta Drive
  • Special Features: None

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Interior Amenities: Auto Garage Door Opener, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: very spacious laundry room
  • Laundry Room Info: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

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

  • Complex Name: Spinnaker
  • HOA Fees: 439
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Josh Parsons
  • Property Mgt Company Name: Sound Real Estate Service

Lot Info

  • Lot Description: Level Lot
  • Zoning: R40
  • Property Info: Adult Community 55

Rental Info

  • Pets Allowed Info: 1 well behaved dog,2 cats
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 8900
  • Mil Rate Base: 28.360
  • Assessor Parcel Number: 2410905

Multi Family

  • Total Num Of Units: 103

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2021
Sold by
Guernsey Paul M
Bought by
Guernsey Paul M
Current Estimated Value
$737,941

Purchase Details

Listed on
Apr 13, 2020
Closed on
Nov 1, 2020
Sold by
Chimento Bruce and Chimento Marlene
Bought by
Schunemeyer Leonard D and Schunemeyer Patricia A
Seller's Agent
Laurie Walker
William Pitt Sotheby's Int'l
Buyer's Agent
Terry Kemper
Coldwell Banker Realty
List Price
$448,000
Sold Price
$425,000
Premium/Discount to List
-$23,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$315,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
Sold by
Spinnaker Homes Llc
Bought by
Chimento Bruce and Chimento Marlene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guernsey Paul M -- None Available
Schunemeyer Leonard D $425,000 None Available
Chimento Bruce $440,912 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schunemeyer Leonard D $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $425,000 -2.3% $149 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $435,000 -2.9% $152 / Sq Ft
04/13/2020 04/13/20 For Sale $448,000 -- $157 / 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 $9,682 $345,660 $0 $345,660
2024 $9,108 $345,660 $0 $345,660
2023 $8,600 $345,660 $0 $345,660
2022 $8,241 $345,660 $0 $345,660
2021 $8,582 $301,000 $0 $301,000
2020 $8,900 $313,810 $0 $313,810
2019 $11,936 $313,810 $0 $313,810
2018 $8,583 $313,810 $0 $313,810
2017 $8,209 $313,810 $0 $313,810
2016 $7,822 $308,420 $0 $308,420
2015 $7,621 $308,420 $0 $308,420
2014 $7,411 $308,420 $0 $308,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170287358

SmartMLS

APN: ELYM-001004-010001-000051