NOT LISTED FOR SALE

3 Rathbun Rd Unit 7 Niantic, CT 06357

East Lyme Area

Estimated Value: $183,036

1 Bed
1 Bath
736 Sq Ft
$249/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2024

Last sale price $132,000 $179 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,421 / mo

1 Day on Market

Highlights

  • Balcony
  • Cul-De-Sac
  • Baseboard Heating
  • East Lyme Middle School Rated A-
  • Storm Windows

About This Home

As of March 2024

Why 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

Last Agent to Sell the Property

Gregory Hanner

Garden Realty License #REB.0788235 Listed on: 02/06/2024

Last Buyer's Agent

Demian Devega

Real Broker CT, LLC License #RES.0806907

Real Broker CT, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

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

Pet Policy

  • No Pets Allowed

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,655

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

HOA Fees

$225 per month

Listing Details

  • Neighborhood: Niantic
  • 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
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 780
  • Directions: GPS Friendly!
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: None
  • Appliances: Electric Range, Refrigerator
  • Laundry Room Location: There are no laundry hookups, currently
  • Attic: No

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: None, Paved, Off Street Parking, Unassigned Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 30 Gallon Tank, 40 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, Property Management, Pest Control, Insurance
  • HOA Fees: 225
  • HOA Fee Frequency: Monthly
  • Property Management Type: Unit Owners Association
  • Total Number of Units In Complex: Hillside Acres

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Lot Description: On Cul-De-Sac
  • Flood Zone: No
  • Zoning: CA
  • Parcel #: 1466823

Rental Info

  • Pets Allowed: No

Multi Family

  • Total Number Of Units: 10

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 1655

MLS Schools

  • Elementary School: Niantic Center
  • High School: East Lyme

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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%
Views
62
Current Estimated Value
$183,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,036
Avg. Annual Appreciation
13.56%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Anderson Kathleen E
Bought by
Richards David L

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Niantic, CT

  • Joan Casey Real Estate Agent - RE/MAX Legends

    Joan Casey

    RE/MAX Legends

    (860) 451-5035

    126 Total Sales

    4 in East Lyme

    $80K - $475K Price Range

    Joan Casey
     Section Image
  • Stephanie Rush Real Estate Agent - RE/MAX Legends

    Stephanie Rush

    RE/MAX Legends

    (959) 500-5485

    234 Total Sales

    2 in East Lyme

    $330K - $460K Price Range

    Stephanie Rush
     Section Image
  • Jason Pollard Real Estate Agent - Compass Connecticut, LLC

    Jason Pollard

    Compass Connecticut, LLC

    (959) 500-6498

    124 Total Sales

    1 in East Lyme

    $325,000 Price

    Jason Pollard
     Section Image
  • Melissa DiPiazza Real Estate Agent - RE/MAX One

    Melissa DiPiazza

    RE/MAX One

    (914) 483-3631

    209 Total Sales

    6 in East Lyme

    $80K - $583K Price Range

    Melissa DiPiazza
     Section Image
  • Kelly Puorro Real Estate Agent - Puorro Realty Group

    Kelly Puorro

    Puorro Realty Group

    (959) 265-4615

    106 Total Sales

    1 in East Lyme

    $452,500 Price

    Kelly Puorro
     Section Image
  • Nancy Potts Real Estate Agent - Coldwell Banker Realty

    Nancy Potts

    Coldwell Banker Realty

    (959) 215-5488

    65 Total Sales

    3 in East Lyme

    $355K - $665K Price Range

    Nancy Potts
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$132,000 None Available
Richards David L $37,000 --
Anderson Kathleen E $55,000 --
Okeefe W Ronald $35,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,863 $66,500 $0 $66,500
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 Real Estate Agent - Garden Realty

    Seller's Agent in 2024

    Gregory Hanner

    Garden Realty

    (860) 608-8659

    258 Total Sales

    Gregory Hanner
    Section Image
  • Demian Devega Real Estate Agent - Real Broker CT, LLC

    Buyer's Agent in 2024

    Demian Devega

    Real Broker CT, LLC

    (860) 625-4541

    26 Total Sales

    Demian Devega
    Section Image

  • JM

    Seller's Agent in 2016

    James Meyer

    eRealty Advisors, Inc.

    Section Image

  • MM

    Buyer's Agent in 2016

    Michelle Mayo

    eXp Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: 170622637

SmartMLS

APN: ELYM-001004-000046-000007

Connecticut New London County Niantic 06357

3 Rathbun Rd Unit 7, Niantic, CT

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.

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.

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