NOT LISTED FOR SALE

31 W Main St Unit 2 Niantic, CT 06357

Estimated Value: $266,000 - $293,000

2 Beds
1.5 Baths
1,818 Sq Ft
$375/mo HOA Fee

Last Sold April 19, 2023

Last sale price $265,000 $146 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,176/month

11 Days on Market

Highlights

  • Deck
  • Balcony
  • Patio
  • East Lyme Middle School Rated A-
  • Thermal Windows
  • Laundry Room

About This Home

As of April 2023

It's all about location! Just a stroll to downtown Niantic by foot or bike to enjoy the restaurants, boutiques, coffee shops or the inviting boardwalk! Quiet complex tucked off main street with plenty of parking for 11 units. Townhome with two generous bedrooms. Primary bedroom enjoys balcony access overlooking wooded backyard. Main floor provides slider to rear deck and lower level walk out offers patio option. Pristinely kept but ready for your decorating touches, this timeless floor plan offers versatile and gracious living. Eat - in kitchen, great room, lower level boasts sizable family room, exercise area or in home office. Laundry center with storage area, room for bikes- makes this the total townhome. Estate sale, as is, subject to probate court approval. affordable daily or weekend getaway living. Assoc. bylaws require unit to be owner occupied.

Last Listed By

Mary Poola

William Raveis Real Estate License #REB.0755915 Listed on: 03/14/2023

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,663

Year Built

  • Built in 1974

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding
  • Masonry Siding

Interior Spaces

  • Thermal Windows
  • Entrance Foyer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Deck
  • Paved Parking
  • Guest Parking
  • Visitor Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near a golf course

Utilities

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

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, property management, insurance
  • 11 Units
  • Niantic Condominiums Community
  • Property managed by Capital Property Group

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,663

Year Built

Built in 1974

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1314
  • Public Record Living Room Sq Ft: 1314
  • Sq Ft Est Heated Below Grade: 504
  • Total Sq Ft: 1818
  • Year Built: 1974
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Public Rec Facilities
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting, Subject to Probate
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 2214
  • Directions: Main Street to Book Barn- opposite of Charlie's Place Restaurant.
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Full With Walk-Out, Fully Finished
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 31

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • 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, Property Management, Insurance
  • Complex Name: Niantic Condominiums
  • Levels In Unit: 3
  • HOA Fees: 375
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: management@mycapitalteam.com
  • Property Manager Name: Matt Lisee
  • Property Manager Phone: 860-319-0055
  • Property Mgt Company Name: Capital Property Group
  • Property Mgt Phone: 860-319-0055

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: CA

Rental Info

  • Pets Allowed Info: 2 cats or 1 small dog
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2663
  • Total Assessed Value: 111720
  • Mil Rate Base: 23.840
  • Mil Rate Total: 23.840
  • Assessor Parcel Number: 1466939

Multi Family

  • Total Num Of Units: 11

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
Mar 14, 2023
Closed on
Apr 19, 2023
Sold by
Littlefield Va E Est
Bought by
Willett Erva
Seller's Agent
Mary Poola
William Raveis Real Estate
Buyer's Agent
Amanda Gaudette
William Pitt Sotheby's Int'l
List Price
$255,000
Sold Price
$265,000
Premium/Discount to List
$10,000
3.92%
Total Days on Market
11
Views
11
Current Estimated Value
$280,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,718
Avg. Annual Appreciation
10.53%
Original Mortgage
$212,000
Outstanding Balance
$208,741
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$116,645

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
Willett Erva $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willett Erva $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $265,000 +3.9% $146 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $255,000 -- $140 / 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 $2,944 $111,720 $0 $111,720
2023 $2,780 $111,720 $0 $111,720
2022 $2,663 $111,720 $0 $111,720
2021 $2,924 $102,550 $0 $102,550
2020 $2,908 $102,550 $0 $102,550
2019 $2,891 $102,550 $0 $102,550
2018 $2,805 $102,550 $0 $102,550
2017 $2,683 $102,550 $0 $102,550
2016 $2,796 $110,250 $0 $110,250
2015 $2,724 $110,250 $0 $110,250
2014 $2,649 $110,250 $0 $110,250
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170555769

SmartMLS

APN: ELYM-001102-000031-C000000-000002