NOT LISTED FOR SALE

38 Hope St Unit 111 Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $382,000 - $443,000

2 Beds
2.5 Baths
1,280 Sq Ft
$325/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $251,000 $196 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,992/month

180 Days on Market

Highlights

  • Home fronts a pond
  • End Unit
  • Patio
  • East Lyme Middle School Rated A-
  • Walking Distance to Water
  • Central Air

About This Home

As of September 2019

NO MONEY DOWN FINANCING AVAILABLE! Move right in to this end unit townhouse conveniently located in the center of Niantic, close to shops, restaurants, and the beach. With 9' ceilings throughout, the space includes an open kitchen with island, dining room, living room, master bedroom with full bath, a second bedroom with a full bath, and an additional half bath. The laundry is located on the upper level, two car garage underneath the unit, and a patio in back. Also listed for rent MLS# 170219841.

Last Agent to Sell the Property

Craig Milton

Re/Max Valley Shore License #REB.0756400 Listed on: 02/15/2019

Re/Max Valley Shore

Last Buyer's Agent

Melissa Mesite

Coldwell Banker Realty License #RES.0800692

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,306

Year Built

  • Built in 2008

Lot Details

  • Home fronts a pond
  • End Unit

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • 1,280 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, insurance
  • 118 Units
  • Seaside Village Community
  • Property managed by Northeast Prop Group

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,306

Year Built

Built in 2008

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1280
  • Public Record Living Room Sq Ft: 1280
  • Total Sq Ft: 1280
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Special Assessment Details: assessment to be assumed by the buyer
  • Public Record Gross Sq Ft: 1940
  • Tax Year Updated Dt: 08/26/2019
  • Directions: I-95 to Exit 74, south 3 miles, right onto Hope St, right onto Community. Unit is on western side.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Appliances: Gas Cooktop, Gas Range, Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Attic: No

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Pond, Access, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • Complex Name: Seaside Village
  • HOA Fees: 340
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Mgt Company Name: Northeast Prop Group
  • Property Mgt Phone: 860-437-7005

Lot Info

  • Lot Description: N/A
  • Zoning: CA

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5306
  • Mil Rate Base: 28.190
  • Assessor Parcel Number: 2583257

Multi Family

  • Total Num Of Units: 118

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
Feb 15, 2019
Closed on
Sep 30, 2019
Sold by
Paparelli Alexa
Bought by
Condron Molly
Seller's Agent
Craig Milton
Re/Max Valley Shore
Buyer's Agent
Melissa Mesite
Coldwell Banker Realty
List Price
$289,900
Sold Price
$251,000
Premium/Discount to List
-$38,900
-13.42%
Current Estimated Value
$415,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,725
Avg. Annual Appreciation
8.48%
Original Mortgage
$200,800
Outstanding Balance
$176,269
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,456

Purchase Details

Listed on
Apr 1, 2017
Closed on
Jul 21, 2017
Sold by
Stankiewicz Erin
Bought by
Paparelli Aleca
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
Craig Milton
Re/Max Valley Shore
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.60%
Original Mortgage
$247,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Condron Molly $251,000 --
Paparelli Aleca $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Condron Molly $200,800
Previous Owner Paparelli Aleca $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2019 09/30/19 Sold $251,000 -3.4% $196 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $259,900 -5.5% $203 / Sq Ft
04/05/2019 04/05/19 Price Changed $274,900 -5.2% $215 / Sq Ft
02/15/2019 02/15/19 For Sale $289,900 +11.5% $226 / Sq Ft
07/21/2017 07/21/17 Sold $260,000 -10.3% $200 / Sq Ft View Prior Sale
06/21/2017 06/21/17 Pending -- -- --
04/28/2017 04/28/17 Price Changed $289,900 -3.3% $224 / Sq Ft
04/01/2017 04/01/17 For Sale $299,900 -- $231 / 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 $5,574 $199,010 $0 $199,010
2024 $5,244 $199,010 $0 $199,010
2023 $4,951 $199,010 $0 $199,010
2022 $4,744 $199,010 $0 $199,010
2021 $5,075 $178,010 $0 $178,010
2020 $5,338 $188,230 $0 $188,230
2019 $5,306 $188,230 $0 $188,230
2018 $5,148 $188,230 $0 $188,230
2017 $4,924 $188,230 $0 $188,230
2016 $4,253 $167,720 $0 $167,720
2015 $4,144 $167,720 $0 $167,720
2014 $4,030 $167,720 $0 $167,720
Source: Public Records

Agents Affiliated with this Home

  • Craig Milton

    Seller's Agent in 2019

    Craig Milton

    RE/MAX

    (860) 388-1228

    205 Total Sales

    Craig Milton
    Section Image
  • Melissa Mesite

    Buyer's Agent in 2019

    Melissa Mesite

    Coldwell Banker

    (860) 558-6631

    26 Total Sales

    Melissa Mesite
    Section Image

  • C

    Seller's Agent in 2017

    Carolyn Morrison

    Compass Connecticut, LLC

    Section Image
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Map

Source: SmartMLS

MLS Number: 170164473

SmartMLS

APN: ELYM-001102-000122-000111

Connecticut New London County Niantic 06357 Niantic

38 Hope St Unit 111, Niantic, CT

Not Listed for Sale

Townhouses

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