NOT LISTED FOR SALE

Estimated Value: $364,475 - $423,000

2 Beds
2 Baths
885 Sq Ft
2008 Built

Sale Details

Date Sold: March 21, 2025

Last sale price $375,000 $424 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,924 / mo

3 Days on Market

Highlights

  • Open Floorplan
  • Property is near golf course, public transit, and shops
  • End Unit
  • East Lyme Middle School Rated A-
  • Ranch Style House
  • Community Garden

About This Home

As of March 2025

Welcome to 38 Hope Street in the heart of Downtown Niantic! Step into this beautifully updated 2-bedroom, 2 full-bath condo on the second floor and feel instantly at home. With its bright, open layout, this inside end unit offers everything you need for comfortable coastal living. The living and dining areas flow effortlessly into a stylish, modern kitchen, perfect for both relaxing and entertaining. You'll love the convenience here: in-unit laundry, elevator access, and covered garage parking are just the start. Plus, the community is a true gem with beautifully kept garden plots, a peaceful gazebo, and direct access to Dodge Pond-complete with a dedicated kayak rack right in your backyard. And the location? Unbeatable. A short walk brings you to Niantic's vibrant shops, local restaurants, breweries, and the Niantic Bay Boardwalk. Quick walk to the famous Hole in the Wall Beach or catch a show at the Niantic Bay Playhouse. This isn't just a place to live; it's the coastal lifestyle you've been dreaming of!

Last Agent to Sell the Property

Stanley Martone

Lamacchia Realty License #REB.0794166 Listed on: 02/19/2025

Last Buyer's Agent

Deb Thomas

Schilke Realty, LLC License #RES.0780202

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,222

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • Garden

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 885 Sq Ft Home
  • Open Floorplan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Guest Parking
  • Visitor Parking

Schools

  • East Lyme High School

Utilities

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

Additional Features

  • Gazebo
  • Property is near golf course, public transit, and shops

Listing and Financial Details

  • Assessor Parcel Number 2583164

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, pest control, road maintenance, insurance
  • 118 Units
  • Property managed by Northeast Property Group

Amenities

  • Community Garden
  • Public Transportation
  • Elevator

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,222

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$500 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 885
  • Total Sq Ft: 885
  • Year Built: 2008
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Lake, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Association Amenities: Elevator, Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Special Assessment Details: $600 bal. / $100/month. See disclosures.
  • Directions: GPS Friendly. FRONT BUILDING
  • Financing Used: Cash
  • Spec Assoc Asses: Yes
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: None
  • Interior Amenities: Elevator, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Electric, 50 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, Road Maintenance, Insurance
  • HOA Fees: 500
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: MLester@neproperty.com
  • Property Manager Name: Mike Lester
  • Property Manager Phone: (860) 437-7005
  • 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: Level Lot
  • Zoning: CA
  • Parcel #: 2583164

Rental Info

  • Pets Allowed Info: Request from Listing Agen
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 118

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4222

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Mar 14, 2025
Sold by
Rice Joseph and Rice Marion
Bought by
Banks Dale R
Seller's Agent
Stanley Martone
Lamacchia Realty
Buyer's Agent
Deb Thomas
Schilke Realty, LLC
List Price
$375,000
Sold Price
$375,000
Views
83
Current Estimated Value
$383,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,869
Avg. Annual Appreciation
2.15%

Purchase Details

Listed on
Oct 19, 2020
Closed on
Feb 26, 2021
Sold by
Amadeo Linda
Bought by
Rice Joseph and Rice Marion
Seller's Agent
Stanley Martone
Lamacchia Realty
Buyer's Agent
Jennifer Sobiech
RE/MAX Legends
List Price
$254,900
Sold Price
$240,000
Premium/Discount to List
-$14,900
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%

Purchase Details

Listed on
Oct 2, 2015
Closed on
Sep 15, 2016
Sold by
Vocalina Russell Est
Bought by
Amadeo Linda
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$239,900
Sold Price
$173,000
Premium/Discount to List
-$66,900
-27.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Sep 9, 2011
Sold by
Charland Christopher J
Bought by
Vocalina Russell and Vocalina Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
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
Banks Dale R $375,000 None Available
Banks Dale R $375,000 None Available
Rice Joseph $240,000 None Available
Rice Joseph $240,000 None Available
Amadeo Linda $173,000 --
Amadeo Linda $173,000 --
Vocalina Russell $190,000 --
Vocalina Russell $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vocalina Russell $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2025 03/21/25 Sold $375,000 0.0% $424 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $375,000 +56.3% $424 / Sq Ft
02/26/2021 02/26/21 Sold $240,000 -5.8% $271 / Sq Ft View Prior Sale
10/19/2020 10/19/20 For Sale $254,900 +47.3% $288 / Sq Ft
09/15/2016 09/15/16 Sold $173,000 -3.4% $195 / Sq Ft View Prior Sale
08/17/2016 08/17/16 Pending -- -- --
08/16/2016 08/16/16 Price Changed $179,000 -25.4% $202 / Sq Ft
10/02/2015 10/02/15 For Sale $239,900 -- $271 / Sq Ft
Source: SmartMLS

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 $4,502 $160,720 $0 $160,720
2024 $4,222 $160,230 $0 $160,230
2023 $3,987 $160,230 $0 $160,230
2022 $3,820 $160,230 $0 $160,230
2021 $4,039 $141,680 $0 $141,680
2020 $4,244 $149,660 $0 $149,660
2019 $4,219 $149,660 $0 $149,660
2018 $4,093 $149,660 $0 $149,660
2017 $3,915 $149,660 $0 $149,660
2016 $3,724 $146,860 $0 $146,860
2015 $3,629 $146,860 $0 $146,860
2014 $3,529 $146,860 $0 $146,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24075225

SmartMLS

APN: ELYM-001102-000122-000008

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