NOT LISTED FOR SALE

3 Rathbun Rd Unit 4 Niantic, CT 06357

Estimated Value: $140,000 - $167,000

1 Bed
1 Bath
736 Sq Ft
$225/mo HOA Fee

Last Sold June 03, 2024

Last sale price $160,000 $217 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,242/month

2 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Baseboard Heating
  • East Lyme Middle School Rated A-

About This Home

As of June 2024

Cute condo, brand new kitchen and appliances. Bathroom remodeled. New flooring throughout. MULTIPLE OFFERS HIGHEST AND BEST 4/21/24 AT 5:00

Last Listed By

Mark Reyher

Reyher Real Estate License #REB.0790206 Listed on: 04/05/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,655

Year Built

  • Built in 1970

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • 736 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1466820

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer
  • 10 Units

Amenities

  • Public Transportation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,655

Year Built

Built in 1970

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 736
  • Total Sq Ft: 736
  • Year Built: 1970
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rte. 156 to Rathbun Rd
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 736
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: None
  • Appliances: Oven/Range, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Laundry Room Location: 2nd floor off bedroom
  • Attic: No
  • Street Number Modifier: 3

Exterior Features

  • Exterior Siding: Brick
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer
  • Levels In Unit: 2
  • HOA Fees: 225
  • HOA Fee Frequency: Monthly
  • Property Management Type: Unit Owners Association
  • Property Manager Name: Hillside Acres
  • Total Number of Units In Complex: Niantic

Schools

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

Lot Info

  • Flood Zone: No
  • Zoning: CA
  • Parcel #: 1466820

Rental Info

  • Pets Allowed: No

Multi Family

  • Total Number Of Units: 10

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 1655
  • Total Assessed Value: 66500
  • 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
Apr 5, 2024
Closed on
Jul 18, 2024
Sold by
Leone Wendy M
Bought by
Delrusso Richard
Seller's Agent
Mark Reyher
Reyher Real Estate
Buyer's Agent
Justin Stebbins
Assist 2 Sell/Stebbins Buyer & Sellers Realty
List Price
$155,000
Sold Price
$160,000
Premium/Discount to List
$5,000
3.23%
Total Days on Market
2
Views
107
Current Estimated Value
$157,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,918
Avg. Annual Appreciation
-1.98%

Purchase Details

Listed on
Jul 13, 2018
Closed on
Sep 28, 2018
Sold by
Powers Mark
Bought by
Leone Wendy
Seller's Agent
Jay Cusack
Executive Real Estate Inc.
Buyer's Agent
Ryan Whitley
Berry Realty
List Price
$76,900
Sold Price
$70,000
Premium/Discount to List
-$6,900
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%
Original Mortgage
$63,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 1984
Bought by
Powers Mark H

Range of Values:

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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
Delrusso Richard -- None Available
Delrusso Richard -- None Available
Leone Wendy $70,000 --
Leone Wendy $70,000 --
Powers Mark H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powers Mark H $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $160,000 +3.2% $217 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $155,000 +121.4% $211 / Sq Ft
09/27/2018 09/27/18 Sold $70,000 -9.0% $95 / Sq Ft
07/13/2018 07/13/18 For Sale $76,900 -- $104 / 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 $1,752 $66,500 $0 $66,500
2023 $1,655 $66,500 $0 $66,500
2022 $1,585 $66,500 $0 $66,500
2021 $1,221 $42,840 $0 $42,840
2020 $1,251 $44,100 $0 $44,100
2019 $1,243 $44,100 $0 $44,100
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 $1,699 $70,700 $0 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24008539

SmartMLS

APN: ELYM-001004-000046-000004