NOT LISTED FOR SALE

Estimated Value: $214,155 - $291,000

1 Bed
1 Bath
638 Sq Ft
$53/mo HOA Fee

Last Sold July 22, 2016

Last sale price $149,000 $234 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,687/month

150 Days on Market

Highlights

  • Waterfront
  • Community Garden
  • Thermal Windows
  • East Lyme Middle School Rated A-
  • Gazebo
  • Central Air

About This Home

As of July 2016

Live in downtown Niantic, steps to the beach, shops and restaurants, views of Long Island Sound,secured one bedroom condo with elevator access, garage parking, and HOA fees of only $53!!! It doesn't get better than that.....Welcome home to Seaside Village at 38 Hope St. This unit is a 80% workforce unit and if your yearly income is less than $48,000 per year.....you qualify. A second resident would qualify with combined incomes of $55,000.

Last Listed By

Judy Halleran

RE/MAX on the Bay License #RES.0755488 Listed on: 01/22/2016

RE/MAX on the Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,266

Year Built

  • Built in 2008

HOA Fees

  • $53 Monthly HOA Fees

Interior Spaces

  • 638 Sq Ft Home
  • Thermal Windows
  • Water Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Garage Space

Schools

  • Pboe Elementary School
  • East Lyme High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Gazebo
  • Waterfront

Community Details

Overview

  • Association fees include grounds maintenance, insurance, property management, snow removal, trash pickup
  • 100 Units
  • 38 Hope Street Community
  • Property managed by NE Property Group

Amenities

  • Community Garden

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,266

Year Built

Built in 2008

Lot Details

0

HOA Fees

$53 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 638
  • Year Built: 2008
  • Association Amenities: Gardening Area
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 2
  • Directions: I-95 to Exit 74 south on Rt161, turn right onto Hope St
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Elevator, Cable - Pre-wired
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Gazebo
  • Waterfront Description: View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking, Parking Garage
  • Garages Number: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Property Management, Snow Removal, Trash Pickup
  • Complex Name: 38 Hope Street
  • Levels In Unit: 1
  • HOA Fees: 53
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: NE Property Group
  • Property Mgt Phone: 860-437-7005

Schools

  • Elementary School: PBOE
  • High School: East Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Flood Zone: No
  • Property Info: Gated Community

Rental Info

  • Pets Allowed Info: small
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 2266
  • Total Assessed Value: 91700
  • Mil Rate Total: 24.710
  • Assessor Parcel Number: 2589770

Multi Family

  • Total Num Of Units: 100

MLS Schools

  • Elementary School: PBOE
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2016
Closed on
Jul 26, 2016
Sold by
Tomasko John M and Tomasko Raymond A
Bought by
Fraser 2Nd Edward A
Seller's Agent
Judy Halleran
RE/MAX on the Bay
Buyer's Agent
Tony Walstra
William Pitt Sotheby's Int'l
List Price
$149,000
Sold Price
$149,000
Total Days on Market
150
Current Estimated Value
$254,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,539
Avg. Annual Appreciation
5.34%
Original Mortgage
$104,300
Outstanding Balance
$85,087
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,450

Purchase Details

Closed on
Mar 30, 2009
Sold by
Jv Hope Street Llc
Bought by
Tomasko Helen

Range of Values:

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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
Fraser 2Nd Edward A $149,000 --
Tomasko Helen $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomasko Helen $104,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2016 07/22/16 Sold $149,000 0.0% $234 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $149,000 -- $234 / 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
2024 $2,673 $101,430 $0 $101,430
2023 $2,524 $101,430 $0 $101,430
2022 $2,418 $101,430 $0 $101,430
2021 $2,551 $89,460 $0 $89,460
2020 $2,654 $93,590 $0 $93,590
2019 $2,638 $93,590 $0 $93,590
2018 $2,560 $93,590 $0 $93,590
2017 $2,448 $93,590 $0 $93,590
2016 $2,326 $91,700 $0 $91,700
2015 $2,266 $91,700 $0 $91,700
2014 $2,204 $91,700 $0 $91,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10105213

SmartMLS

APN: ELYM-001102-000122-000018