NOT LISTED FOR SALE

38 Hope St Unit 1112 Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $379,000 - $431,000

2 Beds
2 Baths
1,054 Sq Ft
$340/mo HOA Fee

Last Sold November 01, 2019

Last sale price $259,000 $246 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,897/month

192 Days on Market

Highlights

  • Home fronts a pond
  • Open Floorplan
  • Ranch Style House
  • East Lyme Middle School Rated A-
  • Property is near public transit
  • Community Garden

About This Home

As of November 2019

Come to scenic Niantic for a carefree, healthy lifestyle just blocks from the boardwalk, beach, movie theater, restaurants, shops, festivals & events. This first floor condo, with a semi-private entrance, is close to the pond, community gardens & walking trail, and features a spacious, open floor plan, two bedrooms, two full baths all on one level in a secure building. Friendly neighbors, fiscally responsible association, professional property management. Simplify and start enjoying life now!

Last Listed By

Carolyn Morrison

Compass Connecticut, LLC License #REB.0789820 Listed on: 03/13/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,904

Year Built

  • Built in 2015

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 1,054 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Laundry on main level

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Intercom

Parking

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

Accessible Home Design

  • Modified Kitchen Range
  • Halls are 36 inches wide or more
  • Low Kitchen Counters
  • Hard or Low Nap Flooring

Schools

  • East Lyme High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Propane
  • Programmable Thermostat
  • Propane Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Home fronts a pond
  • Property is near public transit

Community Details

Overview

  • Association fees include lake/beach access, grounds maintenance, trash pickup, snow removal, property management, pest control, road maintenance, insurance
  • 118 Units
  • Seaside Village Community
  • Property managed by Northeast Property

Amenities

  • Community Garden
  • Public Transportation
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,904

Year Built

Built in 2015

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1054
  • Public Record Living Room Sq Ft: 1054
  • Total Sq Ft: 1054
  • Year Built: 2015
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Health Club, Park, Public Rec Facilities, Public Transportation
  • Association Amenities: Elevator, Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Handicap Features: 32" Minimum Door Widths, Exterior Curb Cuts, Hallways 36+ Inches Wide, Handicap Parking, Hard/Low Nap Floors, Low Counters, Modified Range
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1054
  • Tax Year Updated Dt: 08/26/2019
  • Directions: I-95 exit 74, south 3 miles turn right at Hope Street then right into community. Unit is located in center building, entrance is on western side.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Interior Amenities: Cable - Pre-wired, Intercom, Open Floor Plan, Security System
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator, Dishwasher
  • Laundry Room Location: Hookups & drain;requires stackable units
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Waterfront Description: Pond, Access, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking, Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 900
  • Sewer Assess Description: Town assessment payable over 25 years, transferrable; annual assessment approximately $600.
  • Sewer Usage Fee Annual: 400

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Road Maintenance, Insurance
  • Complex Name: Seaside Village
  • Levels In Unit: 1
  • HOA Fees: 340
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Eric Myers
  • Property Mgt Company Name: Northeast Property
  • Property Mgt Phone: (860) 437-7005

Schools

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

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: Res

Rental Info

  • Pets Allowed Info: 1 dog under 55 lbs 2 cats
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4904
  • Total Assessed Value: 173950
  • Mil Rate Base: 28.190
  • Mil Rate Total: 28.190
  • Assessor Parcel Number: 2643187

Multi Family

  • Total Num Of Units: 118

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
Oct 28, 2019
Sold by
Jv Hope St Llc
Bought by
Buckley Robert
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
Carolyn Morrison
Compass Connecticut, LLC
List Price
$259,000
Sold Price
$259,000
Total Days on Market
192
Current Estimated Value
$397,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,721
Avg. Annual Appreciation
8.85%

Range of Values:

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Average Value
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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
Buckley Robert -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $259,000 0.0% $246 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $259,000 -- $246 / 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 $5,347 $202,930 $0 $202,930
2023 $5,049 $202,930 $0 $202,930
2022 $4,838 $202,930 $0 $202,930
2021 $4,959 $173,950 $0 $173,950
2020 $4,933 $173,950 $0 $173,950
2019 $4,904 $173,950 $0 $173,950
2018 $4,758 $173,950 $0 $173,950
2017 $4,551 $173,950 $0 $173,950
2016 $4,145 $163,450 $0 $163,450
2015 $322 $13,020 $0 $13,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170172214

SmartMLS

APN: ELYM-001102-000122-001112