NOT LISTED FOR SALE

3 Cherry Blossom Ln Niantic, CT 06357

Estimated Value: $523,000 - $572,000

3 Beds
3 Baths
1,901 Sq Ft
$290/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $502,000 $264 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,967/month

5 Days on Market

Highlights

  • Property is near public transit
  • Bonus Room
  • Patio
  • East Lyme Middle School Rated A-
  • Terrace
  • Entrance Foyer

About This Home

As of December 2023

COMING SOON!!! 3 bedroom/3 bath condo at Chapman Farms. Meticulously maintained by original owner with many extras. Generex generator, extra bedroom closets, updated baths and bonus room on both levels. Hardwood floors throughout and very private patio setting with awning and mature plantings. Chapman Farms, a community for over 55 yrs is a quick walk to downtown Niantic. Enjoy shopping, gourmet restaurants, marinas, museums, town beaches and our famous boardwalk along the bay. Minutes to I-95 corridor with a 2 hr commute to Boston or NYC.

Last Agent to Sell the Property

Judy Halleran

RE/MAX on the Bay License #RES.0755488 Listed on: 10/29/2023

RE/MAX on the Bay

Last Buyer's Agent

Beth Cote

William Pitt Sotheby's Int'l License #REB.0754323

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,944

Year Built

  • Built in 1997

Lot Details

  • Property is zoned R40

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,901 Sq Ft Home
  • Entrance Foyer
  • Bonus Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Terrace

Location

  • Property is near public transit
  • Property is near shops

Schools

  • East Lyme High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Bottled Gas Heating
  • Hot Water Circulator
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2146813

Community Details

Overview

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

Amenities

  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,944

Year Built

Built in 1997

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Single Family Detached
  • Sq Ft Est Heated Above Grade: 1901
  • Total Sq Ft: 1901
  • Year Built: 1997
  • New Construction: No/Resale
  • Nearby Amenities: Library, Park, Public Transportation, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3942
  • Directions: GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1901
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Bonus Room, Foyer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: Patio, Terrace
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Association Required Beach Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Total Parking Spaces: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas, Hot Water
  • Heat Fuel Type: Bottle Gas, Propane
  • Hot Water Description: Domestic
  • 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
  • Levels In Unit: 3
  • HOA Fees: 425
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Phone: 860-437-7005x111
  • Property Mgt Company Name: NE Property Group
  • Total Number of Units In Complex: CHAPMAN FARMS

Schools

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

Lot Info

  • Zoning: R40
  • Property Info: Adult Community 55
  • Parcel #: 2146813

Rental Info

  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 63

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5944
  • Total Assessed Value: 238910
  • Mil Rate Total: 24.88

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2023
Closed on
Dec 11, 2023
Sold by
Rooney Kathryn N Est and Fallon
Bought by
Rousseau Marc R and Rousseau Theresa
Seller's Agent
Judy Halleran
RE/MAX on the Bay
Buyer's Agent
Beth Cote
William Pitt Sotheby's Int'l
List Price
$495,000
Sold Price
$502,000
Premium/Discount to List
$7,000
1.41%
Total Days on Market
5
Views
45
Current Estimated Value
$551,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,933
Avg. Annual Appreciation
4.92%
Original Mortgage
$302,000
Outstanding Balance
$297,739
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,199

Purchase Details

Closed on
Aug 1, 1997
Sold by
Chapman Farms Llc
Bought by
Rooney Kathryn N
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rousseau Marc R $502,000 None Available
Rooney Kathryn N $179,804 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rousseau Marc R $302,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $502,000 +1.4% $264 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $495,000 -- $260 / 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 $6,692 $238,910 $0 $238,910
2024 $6,295 $238,910 $0 $238,910
2023 $5,944 $238,910 $0 $238,910
2022 $5,696 $238,910 $0 $238,910
2021 $5,877 $206,150 $0 $206,150
2020 $5,846 $206,150 $0 $206,150
2019 $5,811 $206,150 $0 $206,150
2018 $5,638 $206,150 $0 $206,150
2017 $5,393 $206,150 $0 $206,150
2016 $4,706 $185,570 $0 $185,570
2015 $4,585 $185,570 $0 $185,570
2014 $4,459 $185,570 $0 $185,570
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170607341

SmartMLS

APN: ELYM-001602-000017-000038