Seller's Agent in 2024
Gregory Hanner
Garden Realty
(860) 608-8659
13 in this area
291 Total Sales
3 Rathbun Rd Unit 7 Niantic, CT 06357
Estimated Value: $131,000 - $174,322
1
Bed
1
Bath
736
Sq Ft
$225/mo
HOA Fee
Highlights
- Balcony
- Cul-De-Sac
- Baseboard Heating
- East Lyme Middle School Rated A-
- Storm Windows
About This Home
As of March 2024Why rent when you can own? Take a self-guided 3D tour or enjoy a video walkthrough 24/7 before scheduling your private showing. This is a 1-bedroom, 1-bathroom townhouse-style condo priced for perfection and ready for your updates with headroom for you to do updates that suit your taste and budget. It's a townhouse-style condo in an intimate 10-unit condo complex in the Niantic village of East Lyme, and the HOA fees are $225/mo. The primary bedroom has a walk-in closet and a balcony overlooking the backyard, surrounded by woods and set back nicely from the road. The unit is served by city water & sewer (included with the HOA fees), with electric heat & HW. The location is excellent as it connects you to downtown Niantic, nearby beaches at McCook's Beach/park and Rocky Neck State Park, and shopping at Stop & Shop and Costco. NOTE: this complex is not FHA-approved, and no pets are allowed. With the HOA having 12 or fewer units (it has 10), the HOA is exempt from having to provide a "Resale Certificate" and there is no Buyer 5-Day HOA document review period. OFFER DEADLINE: Highest & Best Offers must be submitted by Noon, Sunday 2/11
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,655
Year Built
- Built in 1970
HOA Fees
- $225 Monthly HOA Fees
Parking
- 1 Parking Space
Home Design
- 736 Sq Ft Home
- Frame Construction
- Masonry Siding
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Home Security
Schools
- Niantic Center Elementary School
- East Lyme High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Electric Water Heater
Additional Features
- Electric Range
- Balcony
- Cul-De-Sac
Listing and Financial Details
- Assessor Parcel Number 1466823
Community Details
Overview
- Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management, pest control, insurance
- 10 Units
Security
- Storm Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2024
Closed on
Mar 1, 2024
Sold by
Richards David S and Richards Christopher J
Bought by
Keirstead Gabriel and Keirstead Elizabeth
Seller's Agent
Gregory Hanner
Garden Realty
Buyer's Agent
Demian Devega
Real Broker CT, LLC
List Price
$100,000
Sold Price
$132,000
Premium/Discount to List
$32,000
32%
Total Days on Market
1
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,581
Avg. Annual Appreciation
10.55%
Purchase Details
Closed on
Sep 1, 1998
Sold by
Anderson Kathleen E
Bought by
Richards David L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 15, 1995
Sold by
Donihee Bernard J
Bought by
Anderson Kathleen E
Purchase Details
Closed on
Oct 12, 1993
Sold by
Wright William C and Wright Annette S
Bought by
Okeefe W Ronald
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Keirstead Gabriel | $132,000 | None Available | |
| Richards David L | $37,000 | -- | |
| Anderson Kathleen E | $55,000 | -- | |
| Okeefe W Ronald | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Okeefe W Ronald | $27,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2024 03/01/24 | Sold | $132,000 | +32.0% | $179 / Sq Ft |
| 02/11/2024 02/11/24 | Pending | -- | -- | -- |
| 02/09/2024 02/09/24 | For Sale | $100,000 | 0.0% | $136 / Sq Ft |
| 07/01/2016 07/01/16 | Rented | $800 | -5.9% | -- |
| 06/28/2016 06/28/16 | Under Contract | -- | -- | -- |
| 06/09/2016 06/09/16 | For Rent | $850 | +6.3% | -- |
| 10/17/2015 10/17/15 | Rented | $800 | -5.9% | -- |
| 10/17/2015 10/17/15 | Under Contract | -- | -- | -- |
| 07/27/2015 07/27/15 | For Rent | $850 | -- | -- |
Source: SmartMLS
Tax History Compared to Growth
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
-
Gregory Hanner
-
Demian Devega
Buyer's Agent in 2024
Demian Devega
Real Broker CT, LLC
(860) 625-4541
1 in this area
24 Total Sales
-
Seller's Agent in 2016
James Meyer
eRealty Advisors, Inc.
(860) 303-0401
-
Buyer's Agent in 2016
Michelle Mayo
eXp Realty
(860) 514-9533
Map
Source: SmartMLS
MLS Number: 170622637
APN: ELYM-001004-000046-000007
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