NOT LISTED FOR SALE

38 Hope St Unit 6 Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $283,000 - $383,000

2 Beds
2 Baths
998 Sq Ft
$33/mo HOA Fee

Last Sold June 15, 2015

Last sale price $174,000 $174 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,125/month

7 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Gazebo
  • East Lyme Middle School Rated A-
  • Community Garden
  • Thermal Windows

About This Home

As of June 2015

Don't miss your opportunity to own this affordable unit in the heart of Niantic. Only 60% Workforce unit available in all of Seaside Village. HOA's are only $33/month! Call to find out more about income restrictions...This light and very bright unit offers covered & reserved parking, elevator, central air, high ceilings- All this within walking distance to shops, restaurants, beaches, cinema and more. Make it yours just in time for summer!

Last Agent to Sell the Property

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 03/30/2015

RE/MAX on the Bay

Last Buyer's Agent

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 03/30/2015

RE/MAX on the Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,246

Year Built

  • Built in 2008

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Masonry Siding

Interior Spaces

  • 998 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Thermal Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage

Schools

  • Niantic Center Elementary School
  • East Lyme High School

Utilities

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

Additional Features

  • Gazebo
  • Garden
  • Property is near a bus stop

Community Details

Overview

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

Amenities

  • Community Garden

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,246

Year Built

Built in 2008

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 998
  • Year Built: 2008
  • Nearby Amenities: Public Rec Facilities, Walk to Bus Lines
  • 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: Pennsylvania Ave to Hope St.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Interior Amenities: Cable - Available, Elevator, Intercom, Open Floor Plan, Security System
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Garden Area, Gazebo
  • Exterior Siding: Brick
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Hot Water Description: Electric
  • 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: 33
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Prop Group
  • Property Mgt Phone: 860-437-7005

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Rental Info

  • Pets Allowed Info: Per Condo Docs
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 2246
  • Total Assessed Value: 93450
  • Mil Rate Total: 24.030
  • Assessor Parcel Number: 2589767

Multi Family

  • Total Num Of Units: 118

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jun 15, 2015
Sold by
Hapis Elana C
Bought by
Iwanicki Terry
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$177,500
Sold Price
$174,000
Premium/Discount to List
-$3,500
-1.97%
Current Estimated Value
$336,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,975
Avg. Annual Appreciation
5.87%

Purchase Details

Listed on
Mar 16, 2012
Closed on
May 23, 2012
Sold by
Porter Thomas and Porter Maureen
Bought by
Hapis Elana C
Seller's Agent
Judy Halleran
RE/MAX on the Bay
Buyer's Agent
Michael Foley
William Pitt Sotheby's Int'l
List Price
$164,900
Sold Price
$161,500
Premium/Discount to List
-$3,400
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%
Original Mortgage
$116,500
Interest Rate
3.88%

Purchase Details

Closed on
Apr 3, 2009
Sold by
Jv Hope Street Llc
Bought by
Porter Thomas and Porter Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.92%
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
Iwanicki Terry $174,000 --
Hapis Elana C $161,500 --
Porter Thomas $145,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Porter Thomas $116,500
Previous Owner Porter Thomas $10,000
Previous Owner Porter Thomas $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $174,000 -2.0% $174 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $177,500 +9.9% $178 / Sq Ft
05/23/2012 05/23/12 Sold $161,500 -2.1% $169 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $164,900 -- $172 / 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 $2,667 $101,220 $0 $101,220
2023 $2,994 $120,330 $0 $120,330
2022 $2,869 $120,330 $0 $120,330
2021 $2,914 $102,200 $0 $102,200
2020 $3,071 $108,290 $0 $108,290
2019 $3,053 $108,290 $0 $108,290
2018 $2,962 $108,290 $0 $108,290
2017 $2,833 $108,290 $0 $108,290
2016 $2,370 $93,450 $0 $93,450
2015 $2,309 $93,450 $0 $93,450
2014 -- $93,450 $0 $93,450
Source: Public Records

Agents Affiliated with this Home

  • The Bowes Team

    Seller's Agent in 2015

    The Bowes Team

    RE/MAX

    (860) 739-0888

    5 in this area

    149 Total Sales

    The Bowes Team
    Section Image
  • Judy Halleran

    Seller's Agent in 2012

    Judy Halleran

    RE/MAX

    (860) 625-5262

    9 in this area

    80 Total Sales

    Judy Halleran
    Section Image
  • Michael Foley

    Buyer's Agent in 2012

    Michael Foley

    William Pitt

    (860) 739-4440

    14 Total Sales

    Michael Foley
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: E10031343

SmartMLS

APN: ELYM-001102-000122-000006

Connecticut New London County Niantic 06357 Niantic

38 Hope St Unit 6, Niantic, CT

This home is located at 38 Hope St Unit 6, Niantic, CT 06357 since 30 March 2015 and is currently estimated at $336,975, approximately $337 per square foot. This property was built in 2008. 38 Hope St Unit 6 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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