NOT LISTED FOR SALE

38 Hope St Unit 1309 Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $315,621 - $450,000

2 Beds
2 Baths
925 Sq Ft
$55/mo HOA Fee

Last Sold March 21, 2018

Last sale price $234,000 $253 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,393/month

45 Days on Market

Highlights

  • Home fronts a pond
  • Open Floorplan
  • Community Garden
  • East Lyme Middle School Rated A-
  • Ranch Style House
  • Walking Distance to Water

About This Home

As of March 2018

Top floor, one level living in a secure building with elevator. The beach, boardwalk, movie theater, restaurants are within walking distance! This unit is part of our Affordable Living ("Workforce") Program - household income may not exceed: 1 occupant - $45,976; 2 occupants - $52,544; 3 occupants - $59,112. A wonderful opportunity if you qualify!

Last Agent to Sell the Property

Carolyn Morrison

Compass Connecticut, LLC License #REB.0789820 Listed on: 08/27/2017

Last Buyer's Agent

Lisa Bernard

Coldwell Banker Realty License #RES.0792739

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,111

Year Built

  • Built in 2015

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 925 Sq Ft Home
  • Open Floorplan
  • Thermal Windows

Kitchen

  • Oven or Range
  • 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

Schools

  • Pboe Elementary And Middle School
  • ELHS High School

Utilities

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

Additional Features

  • Walking Distance to Water
  • Home fronts a pond
  • Property is near a bus stop

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

Amenities

  • Community Garden

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,111

Year Built

Built in 2015

Lot Details

0

HOA Fees

$55 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: 918
  • Total Sq Ft: 925
  • Year Built: 2015
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Lake, Public Rec Facilities, Walk to Bus Lines
  • Association Amenities: 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
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 3
  • Public Record Gross Sq Ft: 918
  • 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 #116.
  • Special Features: None

Interior Features

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

Exterior Features

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

Garage/Parking

  • Garage Parking Info: 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
  • Sewer Assess Description: Transferrable, $600 per year

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • Complex Name: Seaside Village
  • Levels In Unit: 1
  • HOA Fees: 55
  • 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: Thermopane Windows

Lot Info

  • Flood Zone: No
  • Zoning: RES

Rental Info

  • Pets Allowed Info: Per condo docs
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3111
  • Total Assessed Value: 118930
  • Mil Rate Total: 26.160
  • Assessor Parcel Number: 2643211

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
Aug 27, 2017
Closed on
Mar 22, 2018
Sold by
Jv Hope St Llc
Bought by
Hase Linda
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
Lisa Bernard
Coldwell Banker Realty
List Price
$234,000
Sold Price
$234,000
Current Estimated Value
$376,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,655
Avg. Annual Appreciation
5.98%
Original Mortgage
$187,200
Outstanding Balance
$161,235
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$198,638
Source: Public Records

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
Hase Linda $234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hase Linda $187,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2018 03/21/18 Sold $234,000 0.0% $253 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
08/27/2017 08/27/17 For Sale $234,000 -- $253 / 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 $3,431 $122,500 $0 $122,500
2024 $3,228 $122,500 $0 $122,500
2023 $3,048 $122,500 $0 $122,500
2022 $2,920 $122,500 $0 $122,500
2021 $3,391 $118,930 $0 $118,930
2020 $3,373 $118,930 $0 $118,930
2019 $3,353 $118,930 $0 $118,930
2018 $3,253 $118,930 $0 $118,930
2017 $3,111 $118,930 $0 $118,930
2016 $2,837 $111,860 $0 $111,860
2015 $322 $13,020 $0 $13,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170009082

SmartMLS

APN: ELYM-001102-000122-001309