NOT LISTED FOR SALE

38 Hope St Unit 1314 Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $351,805 - $493,000

2 Beds
2 Baths
927 Sq Ft
$442/ mo HOA Fee

Last Sold July 18, 2024

Last sale price $375,000 $405 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,929/month

56 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Gazebo
  • East Lyme Middle School Rated A-
  • Community Garden
  • Walking Distance to Water

About This Home

As of July 2024

Welcome to 38 Hope Street, a peaceful and private complex in the heart of Niantic. The Annapolis is a simple yet elegant open layout boasting 9-foot ceilings with 2 bedrooms and 2 full baths. This top floor, Ranch style unit with elevator service has been lightly lived in by the original owner. The galley kitchen features granite counters, large cabinets and breakfast bar. The living room and dining area divides the primary bedroom and secondary bedroom/office. The well managed association offers garden plots, access to Dodge Pond with kayak storage, well-kept grounds and gazebo... Surrounded by quaint shops, restaurants, breweries and theater. Niantic is an active community with a farmers market and several road races, parades, festivals & more. Just in time to enjoy the great beaches, marinas and Niantic Bay Boardwalk this summer.

Last Agent to Sell the Property

Nassim Saad

RE/MAX on the Bay License #REB.0793615 Listed on: 04/29/2024

RE/MAX on the Bay

Last Buyer's Agent

Nassim Saad

RE/MAX on the Bay License #REB.0793615 Listed on: 04/29/2024

RE/MAX on the Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,416

Year Built

  • Built in 2015

HOA Fees

  • $442 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Ranch Style House
  • Frame Construction
  • HardiePlank Siding

Interior Spaces

  • 927 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Gazebo

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Programmable Thermostat
  • Propane Water Heater
  • Fuel Tank Located in Ground

Additional Features

  • Halls are 36 inches wide or more
  • Garden
  • Property is near golf course and shops

Listing and Financial Details

  • Assessor Parcel Number 2643216

Community Details

Overview

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

Amenities

  • Community Garden
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,416

Year Built

Built in 2015

Lot Details

0 Sq Ft Lot

HOA Fees

$442 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 927
  • Total Sq Ft: 927
  • Year Built: 2015
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Lake, Library, Medical Facilities, Park, Shopping/Mall
  • Association Amenities: Elevator, Gardening Area
  • Property Sub Type: Condominium
  • Handicap Features: 32" Minimum Door Widths, Hallways 36+ Inches Wide
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Condo Model Name: Annapolis
  • Directions: GPS
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: None
  • Interior Amenities: Elevator, Intercom, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Sidewalk, Gazebo, Garden Area
  • Exterior Siding: Hardie Board
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: None, Assigned Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: $577 Annually... 9 of 25 installments paid... Balance as of 5/1: $5,853.64

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • HOA Fees: 442
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: (860) 437-7005
  • Total Number of Units In Complex: Hope Street (38)

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: N/A
  • Zoning: CA
  • Parcel #: 2643216

Rental Info

  • Pets Allowed Info: Verify w/ NE Property Gro
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 118

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4416

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

Listed on
Apr 29, 2024
Closed on
Jul 8, 2024
Sold by
Roth Kelly A
Bought by
Georg Peter and Georg Judith E
Seller's Agent
Nassim Saad
RE/MAX on the Bay
Buyer's Agent
Nassim Saad
RE/MAX on the Bay
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Views
109
Current Estimated Value
$398,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,494
Avg. Annual Appreciation
4.12%

Purchase Details

Listed on
Apr 17, 2016
Closed on
Nov 1, 2016
Sold by
Jv Hope Street Llc
Bought by
Roth Kelly A
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
Carolyn Morrison
Compass Connecticut, LLC
List Price
$279,000
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$223,200
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Georg Peter $375,000 None Available
Georg Peter $375,000 None Available
Roth Kelly A $279,000 --
Roth Kelly A $279,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roth Kelly A $223,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2024 07/18/24 Sold $375,000 -1.3% $405 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
05/24/2024 05/24/24 Price Changed $379,900 -5.0% $410 / Sq Ft
05/01/2024 05/01/24 For Sale $399,900 +43.3% $431 / Sq Ft
10/31/2016 10/31/16 Sold $279,000 0.0% $303 / Sq Ft View Prior Sale
08/27/2016 08/27/16 Pending -- -- --
04/17/2016 04/17/16 For Sale $279,000 -- $303 / Sq Ft
Source: SmartMLS

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 $4,694 $167,580 $0 $167,580
2024 $4,416 $167,580 $0 $167,580
2023 $4,169 $167,580 $0 $167,580
2022 $3,995 $167,580 $0 $167,580
2021 $4,634 $162,540 $0 $162,540
2020 $4,610 $162,540 $0 $162,540
2019 $4,582 $162,540 $0 $162,540
2018 $4,445 $162,540 $0 $162,540
2017 $4,252 $162,540 $0 $162,540
2016 $3,873 $152,740 $0 $152,740
2015 $322 $13,020 $0 $13,020
Source: Public Records

Agents Affiliated with this Home

  • Nassim Saad

    Seller's Agent in 2024

    Nassim Saad

    RE/MAX

    (203) 641-7912

    9 in this area

    142 Total Sales

    Nassim Saad
    Section Image

  • C

    Seller's Agent in 2016

    Carolyn Morrison

    Compass Connecticut, LLC

    Section Image
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Map

Source: SmartMLS

MLS Number: 24013988

SmartMLS

APN: ELYM-001102-000122-001314

Connecticut New London County Niantic 06357 Niantic

38 Hope St Unit 1314, Niantic, CT

Not Listed for Sale

Condos

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