NOT LISTED FOR SALE

5 Gatelatch Ln Niantic, CT 06357

Estimated Value: $530,548 - $568,000

3 Beds
3 Baths
2,162 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $355,000 $164 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,052/month

3 Days on Market

Highlights

  • Property is near public transit
  • Partially Wooded Lot
  • Bonus Room
  • East Lyme Middle School Rated A-
  • Attic
  • End Unit

About This Home

As of April 2018

This Beautiful and spacious 3bed/3bath, turn key single detached/condo is located at Chapman Woods, an active adult 55+ Community. The two car attached garage has access to the basement for extra storage. Upon entering the generous foyer you notice the beautifully JUST INSTALLED OAK HARDWOOD FLOORING through out the open concept living room/dining room area. This FRESHLY PAINTED living space is facing the private wooded back yard with flowering mature plants and trees. Lots of windows make this living space sunny and bright. A tiled sunroom is adjacent to the spacious screened porch for those relaxing summer days. The cozy eat in kitchen is clean and roomy for a sit down dinner for two. Convenient first floor, spacious Master Bedroom is NEWLY CARPETED and has an adjoined convenient full bath. Main floor Laundry area access. Down the hall you will find a versatile room for a den/library for some quiet time, positioned next to an additional full bath. Just a few steps to the second floor allows access to 2 more large bedrooms NEWLY CARPETED and FRESHLY PAINTED with walk in closets. A third full bath perfectly situated for the guests. If this isn't enough space, check out the partially finished bonus room in the basement. No worries on the HVAC it is maintained by the association. Feel welcomed with the neighborhood social gatherings! Conveniently located to shopping, fine dining, Niantic theater, Casinos, 3 local beaches and I- 395, I-95.

Last Agent to Sell the Property

Donna Anastas Roland

Coldwell Banker Realty License #RES.0796374 Listed on: 04/14/2018

Last Buyer's Agent

Deborah Fountain

William Pitt Sotheby's Int'l License #RES.0760956

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,898

Year Built

  • Built in 2002

Lot Details

  • Level Lot
  • Partially Wooded Lot
  • Many Trees
  • Property is zoned R40

HOA Fees

  • $357 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,162 Sq Ft Home
  • Bonus Room
  • Screened Porch
  • Concrete Flooring
  • Attic

Kitchen

  • Oven or Range
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Visitor Parking

Accessible Home Design

  • Grab Bar In Bathroom

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Propane
  • Underground Utilities
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,898

Year Built

Built in 2002

Lot Details

0

HOA Fees

$357 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Single Family Detached
  • Sq Ft Est Heated Above Grade: 2162
  • Public Record Living Room Sq Ft: 2162
  • Total Sq Ft: 2162
  • Year Built: 2002
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Park, Public Pool, Public Transportation, Shopping/Mall
  • Association Amenities: Guest Parking
  • Remarks Public Addendum: Town has this home as 3 bedrooms, it has 4 bedrooms.
  • Property Sub Type: Condominium
  • Handicap Features: Bath Grab Bars
  • Direct Waterfront: No
  • Encumbrances Restrictions: Boats, Trailer(S), Truck(S)
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5003
  • Directions: Flanders Rd to Chapman Woods to Gatelatch #5
  • Special Features: None

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Partially Finished, Heated, Concrete Floor, Interior Access, Garage Access
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Humidifier
  • Appliances: Electric Range, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Bonus Room
  • Laundry Room Location: main level
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Porch, Porch-Enclosed, Porch-Screened, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Paved, Assigned Parking
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Hot Water Description: Domestic
  • 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
  • Complex Name: Chapman Woods
  • Levels In Unit: 2
  • HOA Fees: 357
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property Group

Schools

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

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Lot Description: Level Lot, Lightly Wooded, Treed
  • Zoning: R40
  • Property Info: Adult Community 55

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5898
  • Total Assessed Value: 225470
  • Mil Rate Base: 26.160
  • Mil Rate Total: 26.160
  • Assessor Parcel Number: 2312078

Multi Family

  • Total Num Of Units: 95

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2018
Closed on
May 2, 2018
Sold by
Nancy Hoffman Ret
Bought by
Cravinho Anthony and Cravinho Karen
Seller's Agent
Donna Anastas Roland
Coldwell Banker Realty
Buyer's Agent
Deborah Fountain
William Pitt Sotheby's Int'l
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Total Days on Market
3
Current Estimated Value
$549,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,637
Avg. Annual Appreciation
6.42%

Purchase Details

Closed on
Jan 26, 2017
Sold by
Hoffman Nancy
Bought by
Hoffman Nancy
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
Cravinho Anthony $355,000 --
Hoffman Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Nancy $299,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $355,000 +1.4% $164 / Sq Ft
04/14/2018 04/14/18 For Sale $350,000 -- $162 / 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 $7,325 $277,970 $0 $277,970
2023 $6,916 $277,970 $0 $277,970
2022 $6,627 $277,970 $0 $277,970
2021 $6,428 $225,470 $0 $225,470
2020 $6,394 $225,470 $0 $225,470
2019 $6,356 $225,470 $0 $225,470
2018 $6,167 $225,470 $0 $225,470
2017 $5,898 $225,470 $0 $225,470
2016 $5,217 $205,730 $0 $205,730
2015 $5,084 $205,730 $0 $205,730
2014 $4,944 $205,730 $0 $205,730
Source: Public Records

Agents Affiliated with this Home

  • Donna Anastas Roland

    Seller's Agent in 2018

    Donna Anastas Roland

    Coldwell Banker Realty

    Section Image
  • Deborah Fountain

    Buyer's Agent in 2018

    Deborah Fountain

    William Pitt

    (860) 303-0968

    44 in this area

    145 Total Sales

    Deborah Fountain
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170071877

SmartMLS

APN: ELYM-002601-013002-000086

Connecticut New London County Niantic 06357

5 Gatelatch Ln, Niantic, CT

This home is located at 5 Gatelatch Ln, Niantic, CT 06357 since 14 April 2018 and is currently estimated at $549,637, approximately $254 per square foot. This property was built in 2002. 5 Gatelatch Ln 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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