NOT LISTED FOR SALE

3 Rathbun Rd Unit 1 Niantic, CT 06357

Estimated Value: $146,000 - $324,000

1 Bed
1 Bath
736 Sq Ft
$289/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $93,000 $126 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,468/month

21 Days on Market

Highlights

  • Deck
  • Attic
  • Baseboard Heating
  • East Lyme Middle School Rated A-
  • End Unit
  • Property is near a golf course

About This Home

As of September 2018

Completely renovated Unit in Great Location!! Just a mile and a half to the Rocky Neck State Park Entrance in one direction and just as close to Niantics charming downtown restaurants, waterfront boardwalk and McCook Point Park!! Gorgeous End Unit with hardwood floors, granite countertops, new cabinets, new stainless steel appliances updated full bath, fresh paint, new light fixtures! Slider opens out onto deck from living room. Master Suite on Upper level complete with full bath and slider out to private balcony overlooking woods! Nothing to do but move right in to this incredibly affordable shoreline condo! Perfect location, great option for a place at the beach. Low HOA fees, low taxes, quite, wooded complex tucked just off Rte 156.

Last Agent to Sell the Property

Kalani Ladd

KW Legacy Partners License #REB.0789940 Listed on: 07/30/2018

KW Legacy Partners

Last Buyer's Agent

Elena Felitto

Berkshire Hathaway NE Prop. License #RES.0809702

Berkshire Hathaway NE Prop.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1970

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding

Interior Spaces

  • 736 Sq Ft Home
  • Crawl Space
  • Attic or Crawl Hatchway Insulated
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Off-Street Parking
  • Unassigned Parking

Schools

  • East Lyme High School

Additional Features

  • Deck
  • End Unit
  • Property is near a golf course
  • Baseboard Heating

Community Details

Overview

  • 10 Units
  • Hillside Acres Community
  • Property managed by Corner and Company

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,206

Year Built

Built in 1970

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 736
  • Public Record Living Room Sq Ft: 736
  • Total Sq Ft: 736
  • Year Built: 1970
  • Nearby Amenities: Golf Course, Park
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 780
  • Directions: Rte 156 to Rathbun Rd. First Unit.
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Crawl Space
  • Appliances: Oven/Range, Microwave, Refrigerator
  • Laundry Room Location: In Unit
  • Laundry Room Info: Upper Level
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Complex Name: Hillside Acres
  • HOA Fees: 175
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Mgt Company Name: Corner and Company
  • Property Mgt Phone: 860-346-2100

Lot Info

  • Lot Description: N/A
  • Zoning: CA

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 1206
  • Mil Rate Base: 26.160
  • Assessor Parcel Number: 1466817

Multi Family

  • Total Num Of Units: 10

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2018
Closed on
Sep 10, 2018
Sold by
Jetmo Properties Llc
Bought by
Musulin Paul
Seller's Agent
Kalani Ladd
KW Legacy Partners
Buyer's Agent
Elena Felitto
Berkshire Hathaway NE Prop.
List Price
$95,000
Sold Price
$93,000
Premium/Discount to List
-$2,000
-2.11%
Current Estimated Value
$212,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,875
Avg. Annual Appreciation
12.24%
Original Mortgage
$68,000
Outstanding Balance
$41,510
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$171,365

Purchase Details

Listed on
Dec 13, 2017
Closed on
Feb 26, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Jetmo Properties Llc
Seller's Agent
Tammy Boles-Senkewitcz
Asset Real Estate
Buyer's Agent
Kalani Ladd
KW Legacy Partners
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.15%

Purchase Details

Closed on
Jul 27, 2017
Sold by
Root Kevin
Bought by
Matrix Financial Servi

Purchase Details

Closed on
May 8, 2015
Sold by
Root Kevin B and Root Sharon L
Bought by
Root Kevin B

Purchase Details

Closed on
Apr 20, 2009
Sold by
Meyer James and Dignoti Mark
Bought by
Root Kevin

Purchase Details

Closed on
Jun 10, 2004
Sold by
Leblanc Stephen
Bought by
Meyer James and Dignoti Mark

Purchase Details

Closed on
Nov 1, 2001
Sold by
Jakubiel Robert J
Bought by
Lee Hsiao Yu

Purchase Details

Closed on
Jun 22, 2001
Sold by
Palmer Patricia B and Palmer Michael A
Bought by
Jakubiel Robert J
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
Musulin Paul -- --
Musulin Paul -- --
Jetmo Properties Llc $60,000 --
Jetmo Properties Llc $60,000 --
Matrix Financial Servi -- --
Matrix Financial Servi -- --
Root Kevin B -- --
Root Kevin B -- --
Root Kevin $105,000 --
Root Kevin $105,000 --
Meyer James $76,000 --
Meyer James $76,000 --
Lee Hsiao Yu $41,000 --
Lee Hsiao Yu $41,000 --
Jakubiel Robert J $34,500 --
Jakubiel Robert J $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jakubiel Robert J $68,000
Closed Jakubiel Robert J $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2018 09/07/18 Sold $93,000 -2.1% $126 / Sq Ft
07/30/2018 07/30/18 For Sale $95,000 +58.3% $129 / Sq Ft
02/23/2018 02/23/18 Sold $60,000 -6.8% $82 / Sq Ft View Prior Sale
01/22/2018 01/22/18 Pending -- -- --
01/17/2018 01/17/18 Price Changed $64,400 -8.0% $88 / Sq Ft
12/13/2017 12/13/17 For Sale $70,000 0.0% $95 / Sq Ft
10/06/2013 10/06/13 Rented $750 0.0% --
10/01/2013 10/01/13 Under Contract -- -- --
09/17/2013 09/17/13 For Rent $750 -- --
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 $2,137 $76,300 $0 $76,300
2024 $2,011 $76,300 $0 $76,300
2023 $1,898 $76,300 $0 $76,300
2022 $1,819 $76,300 $0 $76,300
2021 $1,491 $52,290 $0 $52,290
2020 $1,483 $52,290 $0 $52,290
2019 $1,474 $52,290 $0 $52,290
2018 $1,206 $44,100 $0 $44,100
2017 $1,154 $44,100 $0 $44,100
2016 $1,793 $70,700 $0 $70,700
2015 $1,747 $70,700 $0 $70,700
2014 -- $70,700 $0 $70,700
Source: Public Records

Agents Affiliated with this Home

  • Kalani Ladd

    Seller's Agent in 2018

    Kalani Ladd

    KW Legacy Partners

    (860) 933-4853

    1 in this area

    115 Total Sales

    Kalani Ladd
    Section Image

  • E

    Buyer's Agent in 2018

    Elena Felitto

    Berkshire Hathaway Home Services

    Section Image

  • J

    Seller's Agent in 2013

    James Meyer

    eRealty Advisors, Inc.

    Section Image
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Map

Source: SmartMLS

MLS Number: 170110526

SmartMLS

APN: ELYM-001004-000046-000001

Connecticut New London County Niantic 06357

3 Rathbun Rd Unit 1, Niantic, CT

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