NOT LISTED FOR SALE

408 Lake Vista Dr Unit 408 East Hampton, CT 06424

Estimated Value: $225,000 - $261,000

1 Bed
2.5 Baths
1,484 Sq Ft
$160/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $205,000 $138 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,817/month

85 Days on Market

Highlights

  • Attic
  • End Unit
  • Home Security System
  • 1 Fireplace
  • Mud Room
  • Central Air

About This Home

As of January 2024

This sunny, end-unit townhouse with a garage has so many great features! So much natural light! Lower level is finished and has been used as a guest space and office, and has a full bath.The main floor has brand new hardwood floors, wood-burning fireplace in the living room, oversized windows in the dining room with custom shutters, fully-applianced kitchen, half-bath, and slider to deck. The upper level has a loft area used as a family room, and a large bedroom with ensuite bath and walk-in closet with custom closet system. Central air. Brand new hot water heater installed 12/23. Condo fees for this unit are $245.03/month.

Last Agent to Sell the Property

Lynn Minnick

Carl Guild & Associates License #RES.0759092 Listed on: 11/03/2023

Carl Guild & Associates

Last Buyer's Agent

Jonathan Archer

William Raveis Real Estate License #RES.0789644

William Raveis Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,492

Year Built

  • Built in 1988

Lot Details

  • End Unit

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1 Fireplace
  • Mud Room
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Schools

  • Memorial Elementary School
  • East Hampton High School

Utilities

  • Central Air
  • Baseboard Heating
  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 981278

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, insurance
  • 64 Units
  • Property managed by Premiere

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,492

Year Built

Built in 1988

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1037
  • Sq Ft Est Heated Below Grade: 447
  • Total Sq Ft: 1484
  • Year Built: 1988
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Lake, Library, Park, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1920
  • Directions: GPS-friendly. At Lake Vista, first right and then all the way down to the end.
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Partially Finished, Heated, Garage Access, Liveable Space
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Mud Room
  • Laundry Room Location: In full bath of lower level.
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Home Automation: Security System

Exterior Features

  • Exterior Siding: Clapboard, Wood
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Under House Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Radiant
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • HOA Fees: 245
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: davek@ppmgmtonline.com
  • Property Manager Name: David Karat
  • Property Mgt Company Name: Premiere
  • Property Mgt Phone: 877-208-4570
  • Total Number of Units In Complex: Lake Vista

Lot Info

  • Lot Description: N/A
  • Zoning: DD
  • Parcel #: 981278

Rental Info

  • Pets Allowed Info: 1 Pet Allowed
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 64

Tax Info

  • Property Tax: 3492

MLS Schools

  • Elementary School: Memorial
  • High School: East Hampton

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Jan 29, 2024
Sold by
Smith Sharon E
Bought by
Tralongo Maria R
Seller's Agent
Lynn Minnick
Carl Guild & Associates
Buyer's Agent
Jonathan Archer
William Raveis Real Estate
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Views
55
Current Estimated Value
$237,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,858
Avg. Annual Appreciation
8.51%
Original Mortgage
$164,000
Outstanding Balance
$160,978
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$76,880

Purchase Details

Closed on
Feb 15, 1989
Sold by
Ct Devel Assoc
Bought by
Smith Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
10.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tralongo Maria R $205,000 None Available
Tralongo Maria R $205,000 None Available
Smith Sharon E $131,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tralongo Maria R $164,000
Closed Tralongo Maria R $164,000
Previous Owner Smith Sharon E $123,200
Previous Owner Smith Sharon E $43,000
Previous Owner Smith Sharon E $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $205,000 +2.6% $138 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
11/25/2023 11/25/23 For Sale $199,900 -2.5% $135 / Sq Ft
11/20/2023 11/20/23 Off Market $205,000 -- --
11/03/2023 11/03/23 For Sale $199,900 -- $135 / 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 $3,845 $96,830 $0 $96,830
2024 $3,683 $96,830 $0 $96,830
2023 $3,492 $96,830 $0 $96,830
2022 $3,356 $96,830 $0 $96,830
2021 $3,344 $96,830 $0 $96,830
2020 $2,887 $87,110 $0 $87,110
2019 $3,500 $105,620 $0 $105,620
2018 $3,308 $105,620 $0 $105,620
2017 $3,308 $105,620 $0 $105,620
2016 $3,109 $105,620 $0 $105,620
2015 $3,012 $108,420 $0 $108,420
2014 $2,621 $108,420 $0 $108,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170605619

SmartMLS

APN: EHAM-000010A-000085-000011-R004066