NOT LISTED FOR SALE

5 Spinnaker Dr Unit 5 Niantic, CT 06357

Estimated Value: $610,677 - $711,000

3 Beds
2.5 Baths
2,412 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $432,500 $179 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,623/month

33 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • 1 Fireplace
  • East Lyme Middle School Rated A-
  • Attic
  • End Unit

About This Home

As of July 2020

A lovely English garden welcomes you to this 3 BR, 2.5 BA contemporary/cape at Spinnaker, the premier 55+ active adult community located in the charming, seaside town of Niantic. Open the front door and be welcomed by a foyer bathed in natural light with east/west exposure. A stunning, two story great room with a gas fireplace will be the center of your gatherings. The kitchen has a new stainless refrigerator, stainless appliances, granite counters, and a gas range. There is a large eat-in area that opens to a cozy, tiled sunroom with sliders leading to the deck. The formal dining room is perfect for celebrating the holidays and everyday with a bay window bump out. You'll find a well appointed FIRST FLOOR MASTER bedroom with full bath and generously sized closets. Completing the first floor is a private office, a laundry room and a powder room. The second level boasts a loft area overlooking the great room-an ideal meditation area, second office or reading nook. There are two well proportioned bedrooms and a full bath. A full basement provides all the storage you'll need. NEW PROPANE FURNACE AND AIR CONDITIONING IN 2017! This better-than-new home is set with a private back yard just .75 miles from Niantic Village restaurants and fun, McCooks' Park the boardwalk. Welcome home!
Come and view this exceptional value, and you'll want to make this home your very own!

Last Agent to Sell the Property

Marilyn Jacobs

Coldwell Banker Realty License #RES.0334460 Listed on: 05/25/2020

Coldwell Banker Realty

Co-Listed By

Nancy Mesham

Coldwell Banker Realty License #RES.0760007

Last Buyer's Agent

Kris Barnett

Berkshire Hathaway NE Prop. License #RES.0765875

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,096

Year Built

  • Built in 2004

Lot Details

  • Level Lot
  • Property is zoned R40

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,412 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Off-Street Parking

Schools

  • Niantic Center Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Programmable Thermostat
  • Propane Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Additional Features

  • Accessible Bathroom
  • Deck
  • Property is near shops

Community Details

  • Association fees include grounds maintenance, snow removal, property management
  • Spinnaker Community
  • Property managed by Sound Real Estate Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,096

Year Built

Built in 2004

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Single Family Detached
  • Sq Ft Est Heated Above Grade: 2412
  • Public Record Living Room Sq Ft: 2412
  • Total Sq Ft: 2412
  • Year Built: 2004
  • Nearby Amenities: Library, Medical Facilities, Park, Private Rec Facilities, Public Pool, Public Rec Facilities, Shopping/Mall
  • Remarks Public Addendum: One small dog is allowed.
  • Property Sub Type: Condominium
  • Handicap Features: 32" Minimum Door Widths, Accessible Bath
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5170
  • Tax Year Updated Dt: 07/20/2020
  • Directions: 95 North exit 72. Left on West Main Street (aka Rte. 156) Continue 1 Mile, Spinnaker is on the right. Third home on right, directly across from gazebo.
  • Special Features: None

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Electric Dryer
  • Laundry Room Location: First floor
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Deck, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Off Street Parking
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management
  • Complex Name: Spinnaker
  • Levels In Unit: 2
  • HOA Fees: 400
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Josh Parsons
  • Property Mgt Company Name: Sound Real Estate Service
  • Property Mgt Phone: 860-333-6535

Schools

  • Elementary School: Niantic Center
  • Middle School: East Lyme
  • High School: East Lyme

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R40

Rental Info

  • Pets Allowed Info: One dog allowed
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 8096
  • Total Assessed Value: 285460
  • Mil Rate Base: 28.360
  • Mil Rate Total: 28.360
  • Assessor Parcel Number: 2410864

Multi Family

  • Total Num Of Units: 103

MLS Schools

  • Elementary School: Niantic Center
  • Middle Jr High School: East Lyme
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Jul 30, 2020
Sold by
Ziegler Jillian
Bought by
Longo Marianne
Seller's Agent
Marilyn Jacobs
Coldwell Banker Realty
Buyer's Agent
Kris Barnett
Berkshire Hathaway NE Prop.
List Price
$439,500
Sold Price
$432,500
Premium/Discount to List
-$7,000
-1.59%
Current Estimated Value
$665,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,419
Avg. Annual Appreciation
8.72%
Original Mortgage
$300,000
Outstanding Balance
$266,612
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$399,307

Purchase Details

Listed on
Sep 16, 2015
Closed on
Mar 18, 2016
Sold by
Barbara Stanland Ret
Bought by
Evans-Ziegler Jillian
Seller's Agent
Deborah Fountain
William Pitt Sotheby's Int'l
Buyer's Agent
Stephen Colonis
William Raveis Real Estate
List Price
$445,000
Sold Price
$429,500
Premium/Discount to List
-$15,500
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%

Purchase Details

Closed on
Aug 11, 2014
Sold by
Stanland Barbara A
Bought by
Barbara A Stanland Ret
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
Longo Marianne $432,500 None Available
Evans-Ziegler Jillian $429,500 --
Barbara A Stanland Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longo Marianne $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $432,500 -1.6% $179 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $439,500 +2.3% $182 / Sq Ft
03/18/2016 03/18/16 Sold $429,500 -3.5% $178 / Sq Ft View Prior Sale
02/11/2016 02/11/16 Pending -- -- --
09/16/2015 09/16/15 For Sale $445,000 -- $184 / 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 $8,149 $290,920 $0 $290,920
2024 $7,666 $290,920 $0 $290,920
2023 $7,238 $290,920 $0 $290,920
2022 $6,936 $290,920 $0 $290,920
2021 $8,138 $285,460 $0 $285,460
2020 $8,096 $285,460 $0 $285,460
2019 $8,047 $285,460 $0 $285,460
2018 $7,807 $285,460 $0 $285,460
2017 $7,468 $285,460 $0 $285,460
2016 $7,117 $280,630 $0 $280,630
2015 $6,934 $280,630 $0 $280,630
2014 $6,744 $280,630 $0 $280,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170298498

SmartMLS

APN: ELYM-001004-010001-000010