$425,000
SOLD JAN 25, 2024

38 Hope St Unit 1104 Niantic, CT 06357

Niantic Neighborhood
2 Beds
2 Baths
1,268 Sq Ft
$442/mo HOA Fee

Recently Sold

$335 Per Sq Ft

4% Above List Price

3 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Community Garden
  • East Lyme Middle School Rated A-
  • End Unit
  • Gazebo

About This Home

As of December 2024

Welcome to Seaside Village, a wonderful community in the heart of downtown Niantic. A rare opportunity to own this southerly facing, first floor corner-unit with 9-foot ceilings and a covered patio. The Brewster Model has a thoughtful layout with 2 spacious bedrooms, 2 nicely appointed full bathrooms and a flex/bonus room. New luxury vinyl flooring throughout as well as brand new heating, cooling and on-demand hot water systems completed in 2023. The kitchen features an abundance of cabinetry, granite countertops and breakfast bar and overlooks the sun-drenched dining and living rooms. The patio can be easily accessed from both the living room and master suite. Beautiful grounds with a garden area and access to Dodge Pond with kayak storage. The sewer assessment has been paid in full. Enjoy everything Niantic has to offer including quaint shops, restaurants, breweries, theatre, farmers market and of course the Niantic Bay Boardwalk, beaches and marinas!

Last Agent to Sell the Property

Nassim Saad

RE/MAX on the Bay License #REB.0793615 Listed on: 11/27/2023

RE/MAX on the Bay

Last Buyer's Agent

Laura Beth Collinson

Carl Guild & Associates License #RES.0802039

Carl Guild & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,657

Year Built

  • Built in 2015

Lot Details

  • End Unit
  • Garden

HOA Fees

  • $442 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • HardiePlank Siding

Interior Spaces

  • 1,268 Sq Ft Home
  • Open Floorplan
  • Thermal Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Guest Parking
  • Visitor Parking

Accessible Home Design

  • Halls are 36 inches wide or more

Outdoor Features

  • Covered Deck
  • Gazebo

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Programmable Thermostat
  • Tankless Water Heater
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2643179

Community Details

Overview

  • Association fees include lake/beach access, grounds maintenance, trash pickup, snow removal, property management, insurance
  • 118 Units
  • Property managed by Northeast Property Group

Amenities

  • Community Garden
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,657

Year Built

Built in 2015

Lot Details

0

HOA Fees

$442 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1268
  • Total Sq Ft: 1268
  • Year Built: 2015
  • New Construction: No/Resale
  • Association Amenities: Elevator, Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Handicap Features: 32" Minimum Door Widths, Hallways 36+ Inches Wide
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Special Assessment Details: Paid In Full
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1364
  • Directions: GPS
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1268
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: None
  • Interior Amenities: Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Hallway Closet
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Covered Deck, Garden Area, Gazebo, Sidewalk
  • Exterior Siding: Hardie Board
  • Waterfront Description: Pond Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: Assigned Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • Levels In Unit: 1
  • HOA Fees: 442
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: mlester@neproperty.com
  • Property Manager Name: Mike Lester
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 860-437-7005
  • Total Number of Units In Complex: Hope Street (38)

Schools

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

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: N/A
  • Zoning: CA
  • Parcel #: 2643179

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 118

Tax Info

  • Property Tax: 5657
  • Total Assessed Value: 227360
  • Mil Rate Total: 24.88

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
Oct 18, 2024
Closed on
Dec 18, 2024
Sold by
Squitire Fredi B and Schumann Deborah S
Bought by
Petty James T and Petty Danah M
Seller's Agent
Kareema Williams
RE/MAX One
Buyer's Agent
Suzanne David
Compass Connecticut, LLC
List Price
$445,900
Sold Price
$425,000
Premium/Discount to List
-$20,900
-4.69%
Views
53
Current Estimated Value
$436,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,558
Avg. Annual Appreciation
4.82%
Original Mortgage
$318,750
Outstanding Balance
$317,093
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$119,465

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jan 24, 2024
Sold by
Johnson Diane
Bought by
Squitire Fredi B and Schumann Deborah S
Seller's Agent
Nassim Saad
RE/MAX on the Bay
Buyer's Agent
Laura Beth Collinson
Carl Guild & Associates
List Price
$410,000
Sold Price
$425,000
Premium/Discount to List
$15,000
3.66%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Apr 11, 2023
Sold by
Diane Johnson T and Diane Johnson
Bought by
Johnson Diane

Purchase Details

Listed on
May 8, 2018
Closed on
Dec 5, 2018
Sold by
Tubiak Christine
Bought by
Diane Johnson T and Diane Johnson
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
Nassim Saad
RE/MAX on the Bay
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Listed on
Sep 19, 2015
Closed on
Jul 26, 2016
Sold by
Jv Hope Street Llc
Bought by
Tubiak Christine A
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.01%
Original Mortgage
$90,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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 $425,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $425,000 None Available
Deed -- None Available
Deed -- None Available
Warranty Deed $285,000 --
Warranty Deed $285,000 --
Warranty Deed $299,000 --
Warranty Deed $299,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 Purchase Money Mortgage
Closed $318,750 Purchase Money Mortgage
Previous Owner $90,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $425,000 -4.7% $335 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
10/20/2024 10/20/24 For Sale $445,900 +4.9% $352 / Sq Ft
01/25/2024 01/25/24 Sold $425,000 +3.7% $335 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $410,000 +43.9% $323 / Sq Ft
12/04/2018 12/04/18 Sold $285,000 -1.7% $225 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
08/24/2018 08/24/18 Price Changed $289,900 -1.7% $229 / Sq Ft
07/02/2018 07/02/18 Price Changed $294,900 -1.7% $233 / Sq Ft
05/08/2018 05/08/18 For Sale $299,900 +0.3% $237 / Sq Ft
07/25/2016 07/25/16 Sold $299,000 0.0% $236 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
09/19/2015 09/19/15 For Sale $299,000 -- $236 / 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 $6,368 $227,360 $0 $227,360
2024 $5,991 $227,360 $0 $227,360
2023 $5,657 $227,360 $0 $227,360
2022 $5,420 $227,360 $0 $227,360
2021 $5,558 $194,950 $0 $194,950
2020 $5,529 $194,950 $0 $194,950
2019 $5,496 $194,950 $0 $194,950
2018 $5,332 $194,950 $0 $194,950
2017 $5,100 $194,950 $0 $194,950
2016 $4,646 $183,190 $0 $183,190
2015 $322 $13,020 $0 $13,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170612247

SmartMLS

APN: ELYM-001102-000122-001104