38 Hope St Unit 1308 Niantic, CT 06357
Niantic Neighborhood
2
Beds
2
Baths
1,071
Sq Ft
$60/mo
HOA Fee
Highlights
- Open Floorplan
- Ranch Style House
- Thermal Windows
- East Lyme Middle School Rated A-
- Gazebo
- Intercom
About This Home
As of November 2021Delightful 2 bedroom, 2 full bath one level condo on the 3rd floor. Easy access with the elevator and a short walk to the condo. Open floor plan makes this unit have a very spacious feel. Master Bedroom with full bath that includes a walk-in shower. Living room / dining room space allows for many different furniture layouts to fit your personal style. This is a rare opportunity to live on the shoreline, with low, low HOA monthly fees ($60) and lower yearly taxes ($3,657). Part of the (80%) Affordable Workforce Housing Program. Income restrictions apply: Household annual income limit may not exceed $49,616 for one person; $56,704 for two people and $63,792 for 3 people. So much to explore within walking distance; only one block from Main Street and the beach. Enjoy all the quaint village of Niantic has to offer: a variety of restaurants, the farmer’s market, McCook Park, the boardwalk, and of course, beaches! Kayaking, boating, and fishing in your own backyard at Dodge Pond! An amazing place to live! Buyer to assume the remaining sewer assessment of approximately $6,877.62
Last Agent to Sell the Property
RE/MAX on the Bay License #REB.0790080 Listed on: 04/30/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,676
Year Built
- Built in 2015
HOA Fees
- $60 Monthly HOA Fees
Home Design
- Ranch Style House
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,071 Sq Ft Home
- Open Floorplan
- Thermal Windows
- Intercom
- Laundry on main level
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Car Garage
- Guest Parking
- Visitor Parking
- Parking Lot
- Off-Street Parking
Schools
- Niantic Center Elementary School
- East Lyme Middle School
- East Lyme High School
Utilities
- Central Air
- Heat Pump System
- Heating System Uses Propane
- Underground Utilities
- Propane Water Heater
- Cable TV Available
Additional Features
- Gazebo
- Garden
Community Details
Overview
- 118 Units
- Seaside Village Community
- Property managed by Northeast Property Group
Recreation
- Park
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2021
Closed on
Nov 23, 2021
Sold by
Donahue Linda B
Bought by
Stoddard John E
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
Lisa Bernard
Coldwell Banker Realty
List Price
$282,000
Sold Price
$250,000
Premium/Discount to List
-$32,000
-11.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,187
Avg. Annual Appreciation
10.37%
Original Mortgage
$200,000
Outstanding Balance
$184,416
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,109
Purchase Details
Listed on
Apr 13, 2017
Closed on
Sep 1, 2017
Sold by
Jv Hope St Llc
Bought by
Donahue Linda
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$235,000
Sold Price
$235,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.47%
Similar Homes in Niantic, CT
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | None Available | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/23/2021 11/23/21 | Sold | $250,000 | 0.0% | $233 / Sq Ft |
| 10/17/2021 10/17/21 | Pending | -- | -- | -- |
| 07/17/2021 07/17/21 | Price Changed | $250,000 | -7.4% | $233 / Sq Ft |
| 05/18/2021 05/18/21 | Price Changed | $270,000 | -4.3% | $252 / Sq Ft |
| 04/30/2021 04/30/21 | For Sale | $282,000 | +20.0% | $263 / Sq Ft |
| 09/01/2017 09/01/17 | Sold | $235,000 | 0.0% | $222 / Sq Ft |
| 07/19/2017 07/19/17 | Pending | -- | -- | -- |
| 04/13/2017 04/13/17 | For Sale | $235,000 | -- | $222 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $3,721 | $132,860 | $0 | $132,860 |
| 2024 | $3,501 | $132,860 | $0 | $132,860 |
| 2023 | $3,306 | $132,860 | $0 | $132,860 |
| 2022 | $3,167 | $132,860 | $0 | $132,860 |
| 2021 | $3,676 | $128,940 | $0 | $128,940 |
| 2020 | $3,657 | $128,940 | $0 | $128,940 |
| 2019 | $4,989 | $128,940 | $0 | $128,940 |
| 2018 | $3,527 | $128,940 | $0 | $128,940 |
| 2017 | $3,373 | $128,940 | $0 | $128,940 |
| 2016 | $3,073 | $121,170 | $0 | $121,170 |
| 2015 | $322 | $13,020 | $0 | $13,020 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
The Bowes Team
RE/MAX
(860) 739-0888
5 in this area
129 Total Sales
-
Buyer's Agent in 2021
Lisa Bernard
Coldwell Banker Realty
(860) 287-0508
5 in this area
109 Total Sales
-
C
Seller's Agent in 2017
Carolyn Morrison
Compass Connecticut, LLC
Map
Source: SmartMLS
MLS Number: 170394256
APN: ELYM-001102-000122-001308
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