NOT LISTED FOR SALE

38 Hope St Unit 112 Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $484,000 - $755,000

3 Beds
2.5 Baths
2,002 Sq Ft
$325/mo HOA Fee

Last Sold September 28, 2018

Last sale price $388,000 $194 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,222/month

51 Days on Market

Highlights

  • Home fronts a pond
  • Open Floorplan
  • Attic
  • East Lyme Middle School Rated A-
  • Property is near public transit
  • End Unit

About This Home

As of September 2018

Stunning end-unit Townhouse with carport. This sunny and lightly lived-in 2015 home is as good as new but at a discount. Offers gleaming hardwood floors, granite countertops, stainless steel appliances, plantation shutters, central air, main level laundry and more. Grand first floor Master Suite with cathedral ceiling. The second level offers 2 additional, generously sized bedrooms, office/den and full bath. A full basement provides great storage. This unit is located in the back left of the complex with a private rear patio. Enjoy all that wonderful downtown Niantic has to offer!

Last Agent to Sell the Property

Nassim Saad

RE/MAX on the Bay License #REB.0793615 Listed on: 07/07/2018

RE/MAX on the Bay

Last Buyer's Agent

Deborah Fountain

William Pitt Sotheby's Int'l License #RES.0760956

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,054

Year Built

  • Built in 2015

Lot Details

  • Home fronts a pond
  • End Unit
  • Garden

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 2,002 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Parking

  • 1 Car Garage
  • Attached Carport
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Gazebo

Location

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

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane Water Heater
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Community Garden
  • Public Transportation

Pet Policy

  • Pets Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,054

Year Built

Built in 2015

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 2002
  • Public Record Living Room Sq Ft: 2002
  • Total Sq Ft: 2002
  • Year Built: 2015
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Private School(s), Public Pool, Public Transportation, Shopping/Mall
  • Association Amenities: Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 3693
  • Directions: Pennsylvania Ave to Hope Street. Back left of complex.
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full With Hatchway, Unfinished
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Garden Area, Gazebo, Patio
  • Waterfront Description: Pond, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Carport
  • Garages Number: 1

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
  • Complex Name: Seaside Village
  • Levels In Unit: 2
  • HOA Fees: 325
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Eric Myers
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 860-437-7005

Schools

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

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Zoning: CA

Rental Info

  • Pets Allowed Info: Ask
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 7054
  • Total Assessed Value: 269640
  • Mil Rate Base: 26.160
  • Mil Rate Total: 26.160
  • Assessor Parcel Number: 2583258

Multi Family

  • Total Num Of Units: 118

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
Buhler Elizabeth
Bought by
Pope Rachel
Current Estimated Value
$589,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Outstanding Balance
$333,472
Interest Rate
2.7%
Mortgage Type
Balloon
Estimated Equity
$271,291

Purchase Details

Listed on
Jul 7, 2018
Closed on
Oct 1, 2018
Sold by
Maginess Madeline
Bought by
Pope Brian and Pope Mindy
Seller's Agent
Nassim Saad
RE/MAX on the Bay
Buyer's Agent
Deborah Fountain
William Pitt Sotheby's Int'l
List Price
$409,900
Sold Price
$388,000
Premium/Discount to List
-$21,900
-5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$258,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Aug 8, 2014
Closed on
Jun 17, 2015
Sold by
Jv Hope Street Llc
Bought by
Maginess Madeline M
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
Carolyn Morrison
Compass Connecticut, LLC
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.03%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pope Rachel $300,000 None Available
Pope Brian $348,000 --
Maginess Madeline M $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pollack-Pope Mindy $372,000
Previous Owner Pope Brian $280,000
Previous Owner Maginess Madeline M $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $388,000 -3.0% $194 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/06/2018 08/06/18 Price Changed $399,900 -2.4% $200 / Sq Ft
07/07/2018 07/07/18 For Sale $409,900 -1.2% $205 / Sq Ft
06/17/2015 06/17/15 Sold $415,000 0.0% $234 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $415,000 -- $234 / 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 $8,029 $286,650 $0 $286,650
2024 $7,553 $286,650 $0 $286,650
2023 $7,132 $286,650 $0 $286,650
2022 $6,834 $286,650 $0 $286,650
2021 $7,300 $256,060 $0 $256,060
2020 $7,647 $269,640 $0 $269,640
2019 $7,601 $269,640 $0 $269,640
2018 $7,375 $269,640 $0 $269,640
2017 $7,054 $269,640 $0 $269,640
2016 $5,537 $218,330 $0 $218,330
2015 $211 $8,540 $0 $8,540
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170103028

SmartMLS

APN: ELYM-001102-000122-000112