NOT LISTED FOR SALE

31 W Main St Unit 3 Niantic, CT 06357

Estimated Value: $285,000 - $371,000

2 Beds
1.5 Baths
2,221 Sq Ft
$325/mo HOA Fee

Last Sold July 10, 2020

Last sale price $170,000 $77 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,246/month

68 Days on Market

Highlights

  • Balcony
  • Porch
  • Baseboard Heating
  • East Lyme Middle School Rated A-
  • Patio

About This Home

As of July 2020

Peaceful location for this spotless condo located "31 West Town Street, Niantic". Features to this home are quiet peaceful area, walking distance to the beaches and downtown Niantic.Avoid the drive when parades are being held and stroll down to enjoy the community activities. This home just recently remodeled with new paint,floors, and updated bathrooms. Go grab a book from the Book Barn next door and make yourself comfortable on either of the rear balconies, One on the main level and another off the rear upper bedroom. Enjoy the calm/serenity of the brook running in the rear of the property. If you want to cook out then walk out from the finished basement to the patio at rear and fire up the barbecue for favorite bites. So come check out why most who come to Niantic are captivated by this area.

Last Agent to Sell the Property

Banglian Gao

United Realty Plus License #REB.0790952 Listed on: 03/05/2020

Last Buyer's Agent

Heidi Chappell

Happy Home Real Estate License #REB.0823614

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1974

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Frame Construction
  • Masonry Siding

Interior Spaces

  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio
  • Porch

Schools

  • East Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 11 Units

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,863

Year Built

Built in 1974

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1717
  • Public Record Living Room Sq Ft: 1717
  • Sq Ft Est Heated Below Grade: 504
  • Total Sq Ft: 2221
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2214
  • Directions: Downtown Niantic village follow West Main Street to the Book Barn 3 condos are just before Book Barn on the right.
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Partially Finished, Heated, Interior Access, Liveable Space, Storage
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Attic: No
  • Street Number Modifier: 31

Exterior Features

  • Exterior Features: Balcony, Patio, Porch, Sidewalk
  • Exterior Siding: Brick
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Levels In Unit: 3
  • HOA Fees: 325
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Zoning: CA

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2863
  • Total Assessed Value: 101570
  • Mil Rate Base: 28.190
  • Mil Rate Total: 28.190
  • Assessor Parcel Number: 1466940

Multi Family

  • Total Num Of Units: 11

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Nov 18, 2019
Sold by
Ray Philip and Ray Laura
Bought by
Leung Kelly
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
Banglian Gao
United Realty Plus
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$315,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,038
Avg. Annual Appreciation
12.43%
Original Mortgage
$120,000
Outstanding Balance
$106,553
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$188,980

Purchase Details

Closed on
Mar 17, 2004
Sold by
Smith Wheeler and Smith Claire C
Bought by
Ray Philip and Ray Laura
Source: Public Records

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
Leung Kelly $150,000 None Available
Ray Philip $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Kelly $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $170,000 -4.8% $77 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $178,500 +19.0% $80 / Sq Ft
12/09/2019 12/09/19 Sold $150,000 -6.2% $68 / Sq Ft
09/10/2019 09/10/19 For Sale $159,900 -- $72 / 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
2025 $3,100 $110,670 $0 $110,670
2024 $2,916 $110,670 $0 $110,670
2023 $2,753 $110,670 $0 $110,670
2022 $2,638 $110,670 $0 $110,670
2021 $2,896 $101,570 $0 $101,570
2020 $2,881 $101,570 $0 $101,570
2019 $2,863 $101,570 $0 $101,570
2018 $2,778 $101,570 $0 $101,570
2017 $2,657 $101,570 $0 $101,570
2016 $2,769 $109,200 $0 $109,200
2015 $2,698 $109,200 $0 $109,200
2014 $2,624 $109,200 $0 $109,200
Source: Public Records

Agents Affiliated with this Home

  • Banglian Gao

    Seller's Agent in 2020

    Banglian Gao

    United Realty Plus

    (860) 518-2068

    38 in this area

    169 Total Sales

    Banglian Gao
    Section Image
  • Heidi Chappell

    Buyer's Agent in 2020

    Heidi Chappell

    Happy Home Real Estate

    (860) 373-4260

    30 Total Sales

    Heidi Chappell
    Section Image
  • The Bowes Team

    Seller's Agent in 2019

    The Bowes Team

    RE/MAX

    (860) 739-0888

    8 in this area

    108 Total Sales

    The Bowes Team
    Section Image
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Map

Source: SmartMLS

MLS Number: 170278888

SmartMLS

APN: ELYM-001102-000031-C000000-000003

Connecticut New London County Niantic 06357

31 W Main St Unit 3, Niantic, CT

This home is located at 31 W Main St Unit 3, Niantic, CT 06357 since 05 March 2020 and is currently estimated at $315,038, approximately $141 per square foot. This property was built in 1974. 31 W Main St Unit 3 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.

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.

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