$150,000
SOLD DEC 9, 2019

31 W Main St Unit 3 Niantic, CT 06357

2 Beds
1.5 Baths
2,221 Sq Ft
$300/mo HOA Fee

Recently Sold

$68 Per Sq Ft

6% Below List Price

67 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Partially Wooded Lot
  • East Lyme Middle School Rated A-
  • Wetlands on Lot
  • Patio

About This Home

As of July 2020

Don't miss this great opportunity to make this condo your own before moving in! This seller is offering a flooring credit for a lucky buyer to replace the flooring in this conveniently located 2 bedroom, 1 and half bath condo in the heart of Niantic. Steps away from the Book Barn, this condo offers ample space with an eat in kitchen and living space that can be used any way you'd like with a dining room/living room combination which is great for entertaining! Two decks provide a nice spot to relax and enjoy the serenity of location which abuts a lightly wooded area and a babbling brook. A finished lower level is ready for you to use or turn into an area of your choice! Walking distance to downtown, restaurants, shopping, and schools....this condo is not one to pass up!

Last Agent to Sell the Property

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 09/10/2019

RE/MAX on the Bay

Last Buyer's Agent

Banglian Gao

United Realty Plus License #REB.0790952

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1974

Lot Details

  • Partially Wooded Lot

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Frame Construction
  • Masonry Siding

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Wetlands on Lot
  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, insurance, flood insurance
  • 11 Units
  • Niantic Condominium Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,863

Year Built

Built in 1974

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Neighborhood: Niantic
  • 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
  • Nearby Amenities: Commuter Bus, Golf Course, Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 2214
  • Directions: West Main Street right next to the Book Barn
  • 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, Partially Finished
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: No
  • Street Number Modifier: 31

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Wall 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, Insurance, Flood Insurance
  • Complex Name: Niantic Condominium
  • Levels In Unit: 2
  • HOA Fees: 300
  • HOA Fee Frequency: Monthly
  • HOA: Yes

Schools

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

Lot Info

  • Lot Description: Some Wetlands, Level Lot, Lightly Wooded
  • Elevation Certificate: No
  • Zoning: CA

Rental Info

  • Pets Allowed: Yes

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: Niantic Center
  • Middle Jr High School: East Lyme
  • 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
$307,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,995
Avg. Annual Appreciation
12.78%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 None Available
Warranty Deed $177,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 Purchase Money Mortgage
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

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Map

Source: SmartMLS

MLS Number: 170233709

SmartMLS

APN: ELYM-001102-000031-C000000-000003