NOT LISTED FOR SALE

38 Hope St Unit 1202 Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $316,262 - $411,000

2 Beds
2 Baths
925 Sq Ft
$58/mo HOA Fee

Last Sold March 15, 2019

Last sale price $199,000 $215 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,363/month

129 Days on Market

Highlights

  • Home fronts a pond
  • Open Floorplan
  • Community Garden
  • East Lyme Middle School Rated A-
  • Ranch Style House
  • Gazebo

About This Home

As of March 2019

Two bedrooms, two full baths all on one floor. Secure elevator building. Beach, boardwalk, movie theater, restaurants within walking distance, community gardens, trails and kayak storage at Dodge Pond. Household income limits: 1 occupant - $47,488; 2 occupants - $54,272; 3 occupants - $61,056.

Last Agent to Sell the Property

Carolyn Morrison

Compass Connecticut, LLC License #REB.0789820 Listed on: 05/10/2018

Last Buyer's Agent

ANTONIO IACONIELLO

Real Broker CT, LLC License #REB.0793937

Real Broker CT, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 2015

Lot Details

  • Home fronts a pond
  • Garden

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 925 Sq Ft Home
  • Open Floorplan
  • Thermal Windows

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Intercom

Parking

  • Guest Parking
  • Visitor Parking
  • Off-Street Parking

Accessible Home Design

  • Halls are 36 inches wide or more
  • Hard or Low Nap Flooring

Outdoor Features

  • Walking Distance to Water
  • Gazebo

Location

  • Property is near a bus stop

Schools

  • Pboe Elementary And Middle School
  • ELHS High School

Utilities

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

Community Details

Overview

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

Amenities

  • Community Garden
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,258

Year Built

Built in 2015

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 925
  • Public Record Living Room Sq Ft: 927
  • Total Sq Ft: 925
  • Year Built: 2015
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Lake, Public Rec Facilities, Walk to Bus Lines
  • Association Amenities: Elevator, Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Handicap Features: 32" Minimum Door Widths, Hallways 36+ Inches Wide, Hard/Low Nap Floors
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 927
  • Directions: I-95, exit 74 south 3 miles, turn right onto Hope Street, then right again into Seaside Village. Sales Center is on western side, unit #122.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Interior Amenities: Cable - Available, Cable - Pre-wired, Elevator, Intercom, Open Floor Plan, Security System
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator, Dishwasher
  • Laundry Room Location: Main floor
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

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

Garage/Parking

  • Garage Parking Info: 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: 700
  • Sewer Assess Description: Town sewer assessment may be paid over 25 years, approx $600/yr. Transferrable.
  • Sewer Usage Fee Annual: 600

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Road Maintenance, Insurance
  • Complex Name: Seaside Village
  • Levels In Unit: 1
  • HOA Fees: 58
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Prop Group
  • Property Mgt Phone: (860) 437-7005

Schools

  • Elementary School: Pboe
  • Middle School: Pboe
  • High School: Elhs
  • Intermediate School: Pboe

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 2018-June 2019
  • Property Tax: 3258
  • Total Assessed Value: 118930
  • Mil Rate Total: 27.350
  • Assessor Parcel Number: 2643190

Multi Family

  • Total Num Of Units: 118

MLS Schools

  • Elementary School: Pboe
  • Middle Jr High School: Pboe
  • High School: Elhs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Mar 15, 2019
Sold by
Jv Hope St Llc
Bought by
Iaconiello Rachel
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
ANTONIO IACONIELLO
Real Broker CT, LLC
List Price
$219,000
Sold Price
$199,000
Premium/Discount to List
-$20,000
-9.13%
Current Estimated Value
$368,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,066
Avg. Annual Appreciation
9.25%
Source: Public Records

Range of Values:

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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
Iaconiello Rachel $199,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $199,000 -9.1% $215 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $219,000 -- $237 / 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 $3,590 $128,170 $0 $128,170
2024 $3,377 $128,170 $0 $128,170
2023 $3,189 $128,170 $0 $128,170
2022 $3,056 $128,170 $0 $128,170
2021 $3,411 $119,630 $0 $119,630
2020 $3,393 $119,630 $0 $119,630
2019 $3,372 $119,630 $0 $119,630
2018 $3,272 $119,630 $0 $119,630
2017 $3,130 $119,630 $0 $119,630
2016 $2,853 $112,490 $0 $112,490
2015 $322 $13,020 $0 $13,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170083119

SmartMLS

APN: ELYM-001102-000122-001202