NOT LISTED FOR SALE

3 Rathbun Rd Unit 5 Niantic, CT 06357

Estimated Value: $118,000 - $171,000

1 Bed
1 Bath
736 Sq Ft
$190/mo HOA Fee

Last Sold June 17, 2022

Last sale price $82,000 $111 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,183/month

4 Days on Market

Highlights

  • Deck
  • Attic
  • Property is near shops
  • East Lyme Middle School Rated A-
  • Zoned Heating
  • Baseboard Heating

About This Home

As of June 2022

Welcome to this 1 Bedroom Condo minutes from the beaches and downtown Niantic! Hillside Acres is a small private complex that has parking right outside your unit. An open kitchen/living room layout on the main level and a full bathroom on the upper level with a large bedroom. Unit #5 is an estate sale, does not have heat and will be selling in “AS IS” condition. This unit is conveniently located with easy access to highways, shopping, restaurants and more! Schedule an appointment to preview this unit today!

Last Listed By

Angela Hancock

RE/MAX Coast and Country License #RES.0795618 Listed on: 04/05/2022

RE/MAX Coast and Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 1970

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Siding
  • Masonry Siding

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Unassigned Parking

Utilities

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

Additional Features

  • Deck
  • Sloped Lot
  • Property is near shops

Community Details

  • Association fees include grounds maintenance, trash pickup, snow removal, water, insurance
  • 10 Units
  • Hillside Acres Condominiums Community
  • Property managed by Corner & Company

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,233

Year Built

Built in 1970

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • 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: Library, Park, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 780
  • Directions: Off of West Main Street, take a slight left turn on to Rathbun Rd. The complex is on your right. Unit #5 in the middle of the complex.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Appliances: Electric Range, Microwave, Refrigerator
  • Laundry Room Location: Seller connected it in Full Bathroom.
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 3

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Unassigned Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Insurance
  • Complex Name: Hillside Acres Condominiums
  • Levels In Unit: 2
  • HOA Fees: 190
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Corner & Company
  • Property Mgt Phone: 860-346-2100

Schools

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

Lot Info

  • Lot Description: Sloping Lot
  • Zoning: CA

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 1233
  • Total Assessed Value: 43260
  • Mil Rate Base: 28.510
  • Mil Rate Total: 28.510
  • Assessor Parcel Number: 1466821

Multi Family

  • Total Num Of Units: 10

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High 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, 2022
Closed on
Jun 9, 2022
Sold by
Sonnone Patricia J Est and Joseph
Bought by
Soni Gulsha and Kholi Priya
Seller's Agent
Angela Hancock
RE/MAX Coast and Country
Buyer's Agent
Angela Hancock
RE/MAX Coast and Country
List Price
$96,000
Sold Price
$82,000
Premium/Discount to List
-$14,000
-14.58%
Total Days on Market
4
Current Estimated Value
$151,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,806
Avg. Annual Appreciation
24.19%
Original Mortgage
$57,400
Outstanding Balance
$55,433
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$97,610

Purchase Details

Closed on
Sep 3, 1986
Bought by
Sonnone Patricia J

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
Soni Gulsha $82,000 None Available
Sonnone Patricia J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soni Gulsha $57,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $82,000 -14.6% $111 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $96,000 -- $130 / 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 $1,769 $67,130 $0 $67,130
2023 $1,670 $67,130 $0 $67,130
2022 $1,600 $67,130 $0 $67,130
2021 $1,233 $43,260 $0 $43,260
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

  • Angela Hancock

    Seller's Agent in 2022

    Angela Hancock

    RE/MAX

    (860) 912-8992

    2 in this area

    69 Total Sales

    Angela Hancock
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Map

Source: SmartMLS

MLS Number: 170479423

SmartMLS

APN: ELYM-001004-000046-000005

Connecticut New London County Niantic 06357

3 Rathbun Rd Unit 5, Niantic, CT

Homes for Sale in Niantic, CT

This home is located at 3 Rathbun Rd Unit 5, Niantic, CT 06357 since 05 April 2022 and is currently estimated at $151,806, approximately $206 per square foot. This property was built in 1970. 3 Rathbun Rd Unit 5 is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and The Light House Voc-Ed Center.

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SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.