NOT LISTED FOR SALE

38 Hope St Unit 17 Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $245,000 - $272,000

1 Bed
1 Bath
638 Sq Ft
$360/mo HOA Fee

Last Sold March 15, 2021

Last sale price $166,000 $260 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,069/month

3 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Walking Distance to Water
  • East Lyme Middle School Rated A-
  • Gazebo
  • Thermal Windows

About This Home

As of March 2021

The ease of turn-key home ownership with covered parking; live all on one level with secure elevator access to your floor in an immaculate building. Water view of the Sound in the distance just beyond the fantastic convenience of downtown Niantic and all the services, amenities and enjoyment there within a quick stroll past The Farmers Market in the warmer months. Minimal utilities in this efficient 1 Bedroom with the comfort of Central Air Conditioning and your own Private Laundry closeted in kitchen! Metered propane for furnace and cooking is negotiated at a great price by the professional management for the homeowners association.
Perfect for the downsizing single, couple or first time buyer. You can own your home for less money than this quality of rental unit!

Last Agent to Sell the Property

Jeanne Grills

William Raveis Real Estate License #RES.0220127 Listed on: 01/21/2021

William Raveis Real Estate

Last Buyer's Agent

Zoe Zrakas

William Raveis Real Estate License #RES.0789784

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,593

Year Built

  • Built in 2009

Lot Details

  • Waterfront
  • Garden

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Masonry Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • 638 Sq Ft Home
  • Thermal Windows
  • Water Views
  • Intercom

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Walking Distance to Water
  • Gazebo

Schools

  • East Lyme High School

Utilities

  • Central Air
  • Hydro-Air Heating System
  • Bottled Gas Heating
  • Programmable Thermostat
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,593

Year Built

Built in 2009

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 638
  • Public Record Living Room Sq Ft: 638
  • Total Sq Ft: 638
  • Year Built: 2009
  • Nearby Amenities: Park, Public Rec Facilities
  • Association Amenities: Elevator, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • 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: 638
  • Directions: Route 161 (Pennsylvania Ave) South to last right before Main St, in second block turn right into garage drive-through. Ample guest parking behind building.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Elevator, Intercom
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Private Laundry in unit
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Garden Area, Gazebo
  • Exterior Siding: Vinyl Siding, Brick
  • Waterfront Description: View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Steel

Garage/Parking

  • Garage Parking Info: Carport
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air
  • Heat Fuel Type: Bottle Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer In Street

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: 360
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: emeyers@neproperty.com
  • Property Manager Name: Eric Meyers
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 860-437-7005

Schools

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

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: Water View
  • Zoning: CA

Rental Info

  • Pets Allowed Info: Subject to HOA rules
  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3593
  • Total Assessed Value: 126700
  • Mil Rate Base: 28.360
  • Mil Rate Total: 28.360
  • Assessor Parcel Number: 2583171

Multi Family

  • Total Num Of Units: 118

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 15, 2021
Sold by
Reagan William
Bought by
Schafer Todd C
Seller's Agent
Jeanne Grills
William Raveis Real Estate
Buyer's Agent
Zoe Zrakas
William Raveis Real Estate
List Price
$159,900
Sold Price
$166,000
Premium/Discount to List
$6,100
3.81%
Total Days on Market
3
Current Estimated Value
$254,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,066
Avg. Annual Appreciation
9.70%
Original Mortgage
$132,800
Outstanding Balance
$120,391
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,746

Purchase Details

Closed on
May 29, 2009
Sold by
Jv Hope Street Llc
Bought by
Reagan William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.87%
Source: Public Records

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Range of Values:

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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
Schafer Todd C $166,000 None Available
Reagan William $204,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schafer Todd C $132,800
Previous Owner Reagan William $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $166,000 +3.8% $260 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $159,900 0.0% $251 / Sq Ft
01/15/2020 01/15/20 Rented $1,300 0.0% --
01/11/2020 01/11/20 Under Contract -- -- --
12/18/2019 12/18/19 For Rent $1,300 0.0% --
08/18/2018 08/18/18 Rented $1,300 0.0% --
08/06/2018 08/06/18 For Rent $1,300 -- --
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
2024 $3,584 $136,010 $0 $136,010
2023 $3,384 $136,010 $0 $136,010
2022 $3,242 $136,010 $0 $136,010
2021 $3,419 $119,910 $0 $119,910
2020 $3,593 $126,700 $0 $126,700
2019 $3,572 $126,700 $0 $126,700
2018 $3,465 $126,700 $0 $126,700
2017 $3,314 $126,700 $0 $126,700
2016 $3,147 $124,110 $0 $124,110
2015 $3,067 $124,110 $0 $124,110
2014 $2,982 $124,110 $0 $124,110
Source: Public Records

Agents Affiliated with this Home

  • Jeanne Grills

    Seller's Agent in 2021

    Jeanne Grills

    William Raveis Real Estate

    (860) 912-1221

    1 in this area

    35 Total Sales

    Jeanne Grills
    Section Image
  • Zoe Zrakas

    Buyer's Agent in 2021

    Zoe Zrakas

    William Raveis Real Estate

    (860) 625-6617

    3 in this area

    61 Total Sales

    Zoe Zrakas
    Section Image
  • David Patton

    Seller Co-Listing Agent in 2020

    David Patton

    William Raveis Real Estate

    (860) 625-5695

    Section Image
  • Amanda Gaudette

    Buyer's Agent in 2020

    Amanda Gaudette

    William Pitt

    (860) 859-7610

    10 in this area

    115 Total Sales

    Amanda Gaudette
    Section Image
  • Melissa Mesite

    Buyer's Agent in 2018

    Melissa Mesite

    Coldwell Banker Milford

    (860) 558-6631

    24 Total Sales

    Melissa Mesite
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170367636

SmartMLS

APN: ELYM-001102-000122-000017

Connecticut New London County Niantic 06357 Niantic

38 Hope St Unit 17, Niantic, CT

This home is located at 38 Hope St Unit 17, Niantic, CT 06357 since 21 January 2021 and is currently estimated at $254,066, approximately $398 per square foot. This property was built in 2009. 38 Hope St Unit 17 is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and The Light House Voc-Ed Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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