NOT LISTED FOR SALE

3 Chestnut Dr Unit 3 Niantic, CT 06357

Estimated Value: $573,000 - $622,000

3 Beds
2.5 Baths
2,539 Sq Ft
$357/mo HOA Fee

Last Sold May 26, 2016

Last sale price $340,000 $134 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,274/month

51 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • 1 Car Attached Garage
  • East Lyme Middle School Rated A-
  • 1 Fireplace
  • Central Air

About This Home

As of May 2016

Pride of ownership is evident in this desired home. Private lot overlooking woods. Bright & Cheery kitchen. Well cared for "like new" hardwood floors. First floor master or 2nd floor! Multi-zoned heat and central air. Corner Fireplace in Living Room. Additional 945 sq ft in finished walk out LL. Beautifully landscaped community in Niantic. All these amenities make this home uniquely special.

Last Agent to Sell the Property

MaryAnn Salvatore

Coldwell Banker Realty License #RES.0753444 Listed on: 02/15/2016

Coldwell Banker Realty

Last Buyer's Agent

Angela Ruel

Berkshire Hathaway NE Prop. License #RES.0761742

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,366

Year Built

  • Built in 2001

HOA Fees

  • $357 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,539 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Easy To Use Faucet Levers

Partially Finished Basement

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

Parking

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

Outdoor Features

  • Deck

Schools

  • Pboe Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Propane Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, insurance, property management, snow removal
  • 60 Units
  • Chapman Woods Community
  • Property managed by Northeast Property

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,366

Year Built

Built in 2001

Lot Details

0

HOA Fees

$357 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 2539
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Handicap Features: Lever Faucets
  • Direct Waterfront: No
  • Encumbrances Restrictions: Alterations, Boats, Trailer(S), Truck(S)
  • End Unit: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 161 Chapman Woods Road to left at first round about.
  • Special Features: None

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Partially Finished
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Open Floor Plan
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Property Management, Snow Removal
  • Complex Name: Chapman Woods
  • Levels In Unit: 2
  • HOA Fees: 357
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property
  • Property Mgt Phone: 8604377070

Schools

  • Elementary School: PBOE
  • High School: East Lyme
  • Intermediate School: East Lyme

Rental Info

  • Pets Allowed Info: #
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Property Tax: 5366
  • Total Assessed Value: 217140
  • Mil Rate Total: 24.710
  • Assessor Parcel Number: 2312047

Multi Family

  • Total Num Of Units: 60

MLS Schools

  • Elementary School: PBOE
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
May 26, 2016
Sold by
Joseph Lora B
Bought by
Phillips 2Nd Leonard R and Phillips Jane F
Seller's Agent
MaryAnn Salvatore
Coldwell Banker Realty
Buyer's Agent
Angela Ruel
Berkshire Hathaway NE Prop.
List Price
$345,000
Sold Price
$340,000
Premium/Discount to List
-$5,000
-1.45%
Current Estimated Value
$586,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,452
Avg. Annual Appreciation
5.93%
Original Mortgage
$150,000
Outstanding Balance
$120,067
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$457,270
Source: Public Records

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
Phillips 2Nd Leonard R $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips 2Nd Leonard R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $340,000 -1.4% $134 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $345,000 -- $136 / 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 $8,135 $290,430 $0 $290,430
2024 $7,653 $290,430 $0 $290,430
2023 $7,226 $290,430 $0 $290,430
2022 $6,924 $290,430 $0 $290,430
2021 $6,869 $240,940 $0 $240,940
2020 $6,833 $240,940 $0 $240,940
2019 $6,792 $240,940 $0 $240,940
2018 $6,590 $240,940 $0 $240,940
2017 $6,303 $240,940 $0 $240,940
2016 $5,507 $217,140 $0 $217,140
2015 $5,366 $217,140 $0 $217,140
2014 $5,218 $217,140 $0 $217,140
Source: Public Records

Agents Affiliated with this Home

  • MaryAnn Salvatore

    Seller's Agent in 2016

    MaryAnn Salvatore

    Coldwell Banker Realty

    (860) 235-4656

    38 in this area

    77 Total Sales

    Section Image
  • Angela Ruel

    Buyer's Agent in 2016

    Angela Ruel

    Berkshire Hathaway Home Services

    (860) 575-0754

    6 in this area

    97 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: E10109776

SmartMLS

APN: ELYM-002601-013002-000025

Connecticut New London County Niantic 06357

3 Chestnut Dr Unit 3, Niantic, CT

This home is located at 3 Chestnut Dr Unit 3, Niantic, CT 06357 since 15 February 2016 and is currently estimated at $595,870, approximately $234 per square foot. This property was built in 2001. 3 Chestnut Dr Unit 3 is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and Carelot Children's Center - East Lyme.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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