NOT LISTED FOR SALE

38 Hope St Unit 4 Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $366,837 - $387,000

2 Beds
2 Baths
882 Sq Ft
$350/mo HOA Fee

Last Sold October 26, 2020

Last sale price $249,900 $283 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,833/month

2 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Ranch Style House
  • East Lyme Middle School Rated A-
  • Property is near public transit
  • End Unit

About This Home

As of October 2020

Lots of light, healthy salt air living - consider the benefits of a stress free condo one block from Long Island Sound. This beautiful end unit (in a secure elevator building) has wood flooring, crown molding, granite counters, and over-sized windows plus covered reserved parking. Three season water views from living room. Warm season extends into October on the shoreline, so take advantage of LOW, LOW interest rates and move in now.

Last Agent to Sell the Property

Carolyn Morrison

Compass Connecticut, LLC License #REB.0789820 Listed on: 08/01/2020

Co-Listed By

Jay Kelly

William Raveis Real Estate License #RES.0809553

Last Buyer's Agent

Ann Carpenter

RE/MAX on the Bay License #REB.0755917

RE/MAX on the Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 2008

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Steel Siding

Interior Spaces

  • 882 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Water Views

Kitchen

  • Oven or Range
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Smart Thermostat

Parking

  • 1 Car Garage
  • Handicap Parking
  • Guest Parking
  • Visitor Parking
  • Parking Garage Space
  • Off-Street Parking

Accessible Home Design

  • Accessible Bathroom
  • Halls are 36 inches wide or more
  • Hard or Low Nap Flooring

Schools

  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Programmable Thermostat
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Heating system powered by passive solar
  • Walking Distance to Water
  • Property is near public transit

Community Details

Overview

  • Association fees include lake/beach access, grounds maintenance, trash pickup, snow removal, property management, pest control, road maintenance
  • 118 Units
  • Seaside Village Community
  • Property managed by Northeast Property

Amenities

  • Community Garden
  • Public Transportation
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,238

Year Built

Built in 2008

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 882
  • Public Record Living Room Sq Ft: 882
  • Total Sq Ft: 882
  • Year Built: 2008
  • Nearby Amenities: Health Club, Lake, Library, Medical Facilities, Park, Public Rec Facilities, Public Transportation
  • Association Amenities: Elevator, Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Handicap Features: 32" Minimum Door Widths, Accessible Bath, Hallways 36+ Inches Wide, Handicap Parking, Hard/Low Nap Floors
  • Direct Waterfront: No
  • Encumbrances Restrictions: Subject to Probate
  • End Unit: Yes
  • Home Warranty Offered: No
  • Special Assessment Details: $100/mo for reserve fund expires 10/2020
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 882
  • Tax Year Updated Dt: 08/01/2020
  • Directions: I-95 exit 74 south 3 miles turn right at Hope Street, right into Seaside Village. Please park in guest spaces behind first building.
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Interior Amenities: Cable - Pre-wired, Intercom, Open Floor Plan, Security System
  • Appliances: Gas Range, Oven/Range, Microwave, Refrigerator, Icemaker, Dishwasher, Disposal, Washer, Dryer
  • Laundry Room Location: Includes full size stackable
  • Laundry Room Info: Main Level
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Sidewalk
  • Waterfront Description: Lake, Access, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Brick, Steel

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Garage
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 1000
  • Sewer Assess Description: Balance on town sewer assessment approximately $5000, transferrable, payable over 25 years @3.5%
  • Sewer Usage Fee Annual: 250

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Road Maintenance
  • Complex Name: Seaside Village
  • Levels In Unit: 1
  • HOA Fees: 350
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Eric Myers
  • Property Mgt Company Name: Northeast Property
  • Property Mgt Phone: (860) 437-7005

Schools

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

Green Features

  • Energy Features: Passive Solar, Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: Water View, Level Lot
  • Flood Zone: No
  • Zoning: RES

Rental Info

  • Pets Allowed Info: 1 dog under 55lbs 2 cats
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4238
  • Total Assessed Value: 149450
  • Mil Rate Base: 28.360
  • Mil Rate Total: 28.360
  • Assessor Parcel Number: 2583161

Multi Family

  • Total Num Of Units: 118

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Oct 20, 2020
Sold by
Mcallister Patricia Est
Bought by
Bierkan Richard and Bierkan Martha
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
Ann Carpenter
RE/MAX on the Bay
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$379,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,309
Avg. Annual Appreciation
9.07%
Original Mortgage
$242,403
Outstanding Balance
$218,151
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$156,939

Purchase Details

Listed on
Aug 1, 2020
Closed on
Sep 17, 2020
Sold by
Mcdonald Patrick J
Bought by
Mason Kelly
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
Ann Carpenter
RE/MAX on the Bay
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,403
Outstanding Balance
$218,151
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$156,939

Purchase Details

Closed on
Nov 25, 2009
Sold by
Jv Hope Street Llc
Bought by
Mcallister Patricia
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
Bierkan Richard $249,900 None Available
Mason Kelly $162,000 None Available
Mcallister Patricia $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bierkan Richard $242,403
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $249,900 0.0% $283 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $249,900 0.0% $283 / Sq Ft
01/12/2020 01/12/20 Rented $1,475 0.0% --
01/04/2020 01/04/20 For Rent $1,475 -- --
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 $4,532 $171,990 $0 $171,990
2023 $4,279 $171,990 $0 $171,990
2022 $4,100 $171,990 $0 $171,990
2021 $4,033 $141,470 $0 $141,470
2020 $4,238 $149,450 $0 $149,450
2019 $4,213 $149,450 $0 $149,450
2018 $4,087 $149,450 $0 $149,450
2017 $3,910 $149,450 $0 $149,450
2016 $3,719 $146,650 $0 $146,650
2015 $3,624 $146,650 $0 $146,650
2014 $3,524 $146,650 $0 $146,650
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Morrison

    Seller's Agent in 2020

    Carolyn Morrison

    Compass Connecticut, LLC

    Section Image
  • Jay Kelly

    Seller Co-Listing Agent in 2020

    Jay Kelly

    William Raveis Real Estate

    (860) 550-0295

    2 in this area

    124 Total Sales

    Jay Kelly
    Section Image
  • Ann Carpenter

    Buyer's Agent in 2020

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    24 in this area

    291 Total Sales

    Ann Carpenter
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170321605

SmartMLS

APN: ELYM-001102-000122-000004

Connecticut New London County Niantic 06357 Niantic

38 Hope St Unit 4, Niantic, CT

This home is located at 38 Hope St Unit 4, Niantic, CT 06357 since 01 August 2020 and is currently estimated at $379,209, approximately $429 per square foot. This property was built in 2008. 38 Hope St Unit 4 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.

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