NOT LISTED FOR SALE

5 Mulberry Ln Niantic, CT 06357

Estimated Value: $582,000 - $601,000

3 Beds
2.5 Baths
2,421 Sq Ft
$243/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $347,500 $144 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,135/month

93 Days on Market

Highlights

  • Active Adult
  • Porch
  • Patio
  • End Unit
  • 2 Car Attached Garage
  • Central Air

About This Home

As of March 2020

Another jewel located in the heart of the desirable Chapman Woods Community. This association is like no other; you will feel at home from the moment you move in. This home is the largest model on the property with a two car garage. New paint and flooring make this a move in ready option. Feel at ease that the association services, repairs and replaces your HVAC equipment and water heater. Known for it's lovely landscaping, it's a joy to walk around this friendly neighborhood.

Last Agent to Sell the Property

Lori Moore

Northeast Property Group License #RES.0794865 Listed on: 10/10/2019

Last Buyer's Agent

Susan Eldridge

Schilke Realty, LLC License #RES.0789856

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,749

Year Built

  • Built in 2004

Lot Details

  • Property is zoned R40

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,421 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,749

Year Built

Built in 2004

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Single Family Detached
  • Sq Ft Est Heated Above Grade: 2421
  • Public Record Living Room Sq Ft: 2421
  • Total Sq Ft: 2421
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 4991
  • Directions: X74 to Rt 161, take left at Mr. P's Liquor Store, up hill and left onto Chapman Woods Rd. Straight up hill to end, Mulberry
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full, Full With Hatchway
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Patio, Porch
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Bottle Gas
  • Fuel Tank Location: In Ground
  • Hot Water Description: 40 Gallon Tank, Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Road Maintenance
  • Complex Name: Chapman Woods
  • HOA Fees: 375
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: lmoore@neproperty.com
  • Property Manager Name: Lori Moore
  • Property Manager Phone: 860-437-7005 X111
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 860-437-7005 X111

Lot Info

  • Zoning: R40
  • Property Info: Adult Community 55

Rental Info

  • Pets Allowed Info: 2 ind cats/1 dog
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 6749
  • Mil Rate Base: 28.190
  • Assessor Parcel Number: 2411004

Multi Family

  • Total Num Of Units: 95

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Mar 6, 2020
Sold by
Slater Veronica
Bought by
Contillo Leonard and Contillo Monika
Seller's Agent
Lori Moore
Northeast Property Group
Buyer's Agent
Susan Eldridge
Schilke Realty, LLC
List Price
$369,900
Sold Price
$347,500
Premium/Discount to List
-$22,400
-6.06%
Current Estimated Value
$588,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,881
Avg. Annual Appreciation
9.61%
Original Mortgage
$150,000
Outstanding Balance
$132,846
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$455,535
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
Contillo Leonard $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contillo Leonard $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $347,500 -0.7% $144 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/12/2020 01/12/20 Price Changed $349,900 -2.8% $145 / Sq Ft
11/29/2019 11/29/19 Price Changed $359,900 -2.7% $149 / Sq Ft
10/19/2019 10/19/19 For Sale $369,900 -- $153 / 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 $8,090 $288,820 $0 $288,820
2024 $7,610 $288,820 $0 $288,820
2023 $7,186 $288,820 $0 $288,820
2022 $6,885 $288,820 $0 $288,820
2021 $6,825 $239,400 $0 $239,400
2020 $6,789 $239,400 $0 $239,400
2019 $6,874 $239,400 $0 $239,400
2018 $6,548 $239,400 $0 $239,400
2017 $6,263 $239,400 $0 $239,400
2016 $5,523 $217,770 $0 $217,770
2015 $5,381 $217,770 $0 $217,770
2014 $5,233 $217,770 $0 $217,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170243461

SmartMLS

APN: ELYM-002601-013002-000067