NOT LISTED FOR SALE

5 Clarks Ln Unit 5 Niantic, CT 06357

Estimated Value: $541,000 - $623,000

3 Beds
2.5 Baths
2,192 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $585,000 $267 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,149/month

4 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • 1 Fireplace
  • East Lyme Middle School Rated A-
  • Attic
  • Thermal Windows

About This Home

As of September 2024

Welcome to 5 Clark's Lane at Clark's Hollow a 55 + community. This great community is located two miles from downtown Niantic's boardwalk and close to shopping, restaurants and conveniences! An open plan, natural gas heating and a walk out basement are standouts at this property! Find a lofted foyer, spacious eat-in kitchen and a combination dining and living room space with a gas fireplace. There is an office/craft room located of the foyer. A large main level primary bedroom has oak floors. Upstairs find two additional rooms for office/guests and a full bath. The walkout basement has high ceilings- ideal for the hobbyist, work out or simply great storage. There is a two-car garage. The rear deck is nicely private with no adjacent property to the left. Bright and turnkey! Experience the freedom of less maintenance and more fun! Welcome home!

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 07/16/2024

Coldwell Banker Realty

Last Buyer's Agent

Jeannine Peterson

Peterson Realty, LLC License #REB.0792086

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,343

Year Built

  • Built in 2005

Lot Details

  • Level Lot
  • Property is zoned R40

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,192 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Awning
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Attic

  • Unfinished Attic
  • Attic or Crawl Hatchway Insulated

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener

Outdoor Features

  • Deck

Location

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

Schools

  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2481233

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,343

Year Built

Built in 2005

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Single Family Detached
  • Sq Ft Est Heated Above Grade: 2192
  • Total Sq Ft: 2192
  • Year Built: 2005
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Playground/Tot Lot, Public Pool, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: Yes
  • Unit On Floor Number: 1
  • Condo Model Name: Preston
  • Directions: Pennsylvania Avenue to Clarks Lane
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Unfinished, Access Via Hatch
  • Basement Description: Full, Full With Walk-Out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan, Security System
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: Main level laundry room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Awnings, Deck
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Total Parking Spaces: 4
  • Garage And Parking: Attached Garage, Paved, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Upright Tank, Tank Size Unknown
  • 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
  • Levels In Unit: 2
  • HOA Fees: 550
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property Managm
  • Total Number of Units In Complex: Clark's Hollow

Schools

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

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Zoning: R40
  • Property Info: Adult Community 55
  • Parcel #: 2481233

Rental Info

  • Pets Allowed Info: See covenants. One dog of
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 25

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6343
  • Total Assessed Value: 240730
  • Mil Rate Total: 26.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
Jun 22, 2018
Sold by
Friedman Theresa
Bought by
Williams Leslie and Williams Elaine
Seller's Agent
Terry Friedman
Compass Connecticut, LLC
Buyer's Agent
Nancy Mesham
Coldwell Banker Realty
List Price
$325,000
Sold Price
$300,500
Premium/Discount to List
-$24,500
-7.54%
Current Estimated Value
$572,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,217
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Oct 17, 2012
Sold by
Friedman Steven
Bought by
Friedman Theresa A

Purchase Details

Closed on
Jun 24, 2005
Sold by
Mystic Shoreline Inv L
Bought by
Friedman Theresa and Friedman Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.5%
Source: Public Records

Range of Values:

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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
Williams Leslie $300,500 --
Friedman Theresa A -- --
Friedman Theresa $342,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friedman Theresa $80,000
Previous Owner Friedman Theresa $172,077
Previous Owner Friedman Theresa $78,900
Previous Owner Friedman Theresa $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $585,000 +11.4% $267 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $525,000 +74.7% $240 / Sq Ft
06/22/2018 06/22/18 Sold $300,500 -3.7% $137 / Sq Ft
05/21/2018 05/21/18 Price Changed $312,000 -1.0% $142 / Sq Ft
04/13/2018 04/13/18 Price Changed $315,000 -1.5% $144 / Sq Ft
04/09/2018 04/09/18 Price Changed $319,900 -1.6% $146 / Sq Ft
01/29/2018 01/29/18 For Sale $325,000 -- $148 / 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 $6,755 $241,150 $0 $241,150
2024 $6,343 $240,730 $0 $240,730
2023 $5,989 $240,730 $0 $240,730
2022 $5,739 $240,730 $0 $240,730
2021 $6,983 $244,930 $0 $244,930
2020 $6,946 $244,930 $0 $244,930
2019 $6,905 $244,930 $0 $244,930
2018 $6,699 $244,930 $0 $244,930
2017 $6,407 $244,930 $0 $244,930
2016 $4,923 $194,110 $0 $194,110
2015 $4,796 $194,110 $0 $194,110
2014 $4,664 $194,110 $0 $194,110
Source: Public Records

Agents Affiliated with this Home

  • Nancy Mesham

    Seller's Agent in 2024

    Nancy Mesham

    Coldwell Banker Realty

    (860) 227-9071

    24 in this area

    166 Total Sales

    Nancy Mesham
    Section Image
  • Jeannine Peterson

    Buyer's Agent in 2024

    Jeannine Peterson

    Peterson Realty, LLC

    (203) 535-9600

    2 in this area

    34 Total Sales

    Jeannine Peterson
    Section Image

  • T

    Seller's Agent in 2018

    Terry Friedman

    Compass Connecticut, LLC

    Section Image
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Map

Source: SmartMLS

MLS Number: 24032901

SmartMLS

APN: ELYM-002603-000044-000003

Connecticut New London County Niantic 06357

5 Clarks Ln Unit 5, Niantic, CT

This home is located at 5 Clarks Ln Unit 5, Niantic, CT 06357 since 16 July 2024 and is currently estimated at $572,717, approximately $261 per square foot. This property was built in 2005. 5 Clarks Ln Unit 5 is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and Carelot Children's Center - East Lyme.

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