NOT LISTED FOR SALE

Estimated Value: $359,836 - $453,000

2 Beds
1.5 Baths
870 Sq Ft
$442/mo HOA Fee

Last Sold November 01, 2024

Last sale price $400,000 $460 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,892/month

1 Day on Market

Highlights

  • Property is near public transit
  • Ranch Style House
  • Elevator
  • East Lyme Middle School Rated A-
  • Community Garden
  • Guest Parking

About This Home

As of November 2024

DOWNTOWN NIANTIC: Step into this beautifully updated 2-bedroom, 1.5-bathroom condo and experience the heart of Niantic at your doorstep! Boasting fresh, modern finishes, this unit offers in-unit laundry, elevator access, and covered garage parking. Enjoy year-round water views! A short walk to Niantic's vibrant scene- dine at local restaurants, catch a show at Niantic Bay Playhouse, or grab a drink at the nearby brewery. Outdoor lovers, you're just a stroll away from the famous Hole in the Wall Beach and Niantic's Boardwalk! In addition, you have access to serene Dodge Pond with a dedicated kayak rack right in your backyard. Live your best coastal lifestyle here!

Last Agent to Sell the Property

Stanley Martone

Calcagni Real Estate License #REB.0794166 Listed on: 09/16/2024

Calcagni Real Estate

Last Buyer's Agent

Anna Sava Namnoum

William Raveis Real Estate License #RES.0777688

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,336

Year Built

  • Built in 2008

HOA Fees

  • $442 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Masonry Siding

Interior Spaces

  • 870 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Guest Parking
  • Visitor Parking

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Niantic Center Elementary School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Electric Water Heater
  • Fuel Tank Located in Ground

Listing and Financial Details

  • Assessor Parcel Number 2583183

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, pest control, 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

$4,336

Year Built

Built in 2008

Lot Details

0

HOA Fees

$442 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 870
  • Total Sq Ft: 870
  • Year Built: 2008
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Lake, Library, Medical Facilities, Shopping/Mall
  • Association Amenities: Elevator, Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: None
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: In unit
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Siding: Brick
  • Waterfront Description: Walk to Water Beach Rights View Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Covered Garage, Parking Garage

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Electric, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Insurance
  • HOA Fees: 442
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Mike Lester
  • Property Manager Phone: (860) 705-8937
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: (860) 437-7005
  • Total Number of Units In Complex: Hope Street (38)

Lot Info

  • Lot Description: City Views Water View
  • Zoning: CA
  • Parcel #: 2583183

Rental Info

  • Pets Allowed Info: Per Seaside Village Rules
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 118

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4336

MLS Schools

  • Elementary School: Niantic Center
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Oct 17, 2024
Sold by
Jjdf T T and Jjdf Fazzio
Bought by
Sasso Kimberly A and Sasso Mark E
Seller's Agent
Stanley Martone
Calcagni Real Estate
Buyer's Agent
Anna Sava Namnoum
William Raveis Real Estate
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Views
49
Current Estimated Value
$392,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,224
Avg. Annual Appreciation
1.55%
Original Mortgage
$320,000
Outstanding Balance
$316,467
Interest Rate
6.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$90,492

Purchase Details

Listed on
May 15, 2020
Closed on
Oct 7, 2020
Sold by
Evans Roger Est
Bought by
Jjdf Ret
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
Andy Schilke
Schilke Realty, LLC
List Price
$259,900
Sold Price
$237,500
Premium/Discount to List
-$22,400
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%

Purchase Details

Closed on
Mar 16, 2010
Sold by
Jv Hope Street Llc
Bought by
Evans Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
4.5%
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
Sasso Kimberly A -- None Available
Sasso Kimberly A -- None Available
Jjdf Ret $237,500 None Available
Jjdf Ret $237,500 None Available
Evans Roger $223,000 --
Evans Roger $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sasso Kimberly A $320,000
Closed Sasso Kimberly A $320,000
Previous Owner Evans Roger $181,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $400,000 +6.7% $460 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $375,000 +57.9% $431 / Sq Ft
10/08/2020 10/08/20 Sold $237,500 -5.0% $273 / Sq Ft View Prior Sale
09/09/2020 09/09/20 Pending -- -- --
08/05/2020 08/05/20 Price Changed $249,900 0.0% $287 / Sq Ft
08/04/2020 08/04/20 Price Changed $249,909 -3.8% $287 / Sq Ft
05/15/2020 05/15/20 For Sale $259,900 -- $299 / 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 $4,610 $164,570 $0 $164,570
2024 $4,336 $164,570 $0 $164,570
2023 $4,095 $164,570 $0 $164,570
2022 $3,923 $164,570 $0 $164,570
2021 $3,820 $133,980 $0 $133,980
2020 $4,014 $141,540 $0 $141,540
2019 $3,990 $141,540 $0 $141,540
2018 $3,871 $141,540 $0 $141,540
2017 $3,703 $141,540 $0 $141,540
2016 $3,202 $126,280 $0 $126,280
2015 $3,120 $126,280 $0 $126,280
2014 $3,035 $126,280 $0 $126,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24047316

SmartMLS

APN: ELYM-001102-000122-000034