NOT LISTED FOR SALE

54 Rope Ferry Rd Unit N158 Waterford, CT 06385

Estimated Value: $133,000 - $199,000

1 Bed
1 Bath
576 Sq Ft
$204/mo HOA Fee

Last Sold August 11, 2023

Last sale price $116,000 $201 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,227/month

5 Days on Market

Highlights

  • Property is near public transit
  • End Unit
  • Park
  • Waterford High School Rated A-
  • Porch
  • Public Transportation

About This Home

As of August 2023

The best alternative to Mom's basement! It needs some TLC but the sweat equity will add up fast! Selling AS-IS. Basic necessities of a living room, kitchen, bedroom and bathroom. Lots of closets, full tub/shower, one level living all in a park-like setting. One reserved parking space with additional parking for guests. Buyer/buyer agent to perform due diligence.

Last Agent to Sell the Property

Stephanie Anthony

Real Broker CT, LLC License #RES.0800287 Listed on: 06/17/2023

Real Broker CT, LLC

Last Buyer's Agent

Shannon Muscara

RE/MAX One License #RES.0817751

RE/MAX One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1987

HOA Fees

  • $204 Monthly HOA Fees

Home Design

  • 576 Sq Ft Home
  • Frame Construction
  • Masonry Siding
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Guest Parking
  • Visitor Parking

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Porch
  • End Unit

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal
  • 218 Units
  • Rope Ferry Commons Community
  • Property managed by Northeast Property Group

Amenities

  • Public Transportation
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,474

Year Built

Built in 1987

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 576
  • Public Record Living Room Sq Ft: 576
  • Total Sq Ft: 576
  • Year Built: 1987
  • Nearby Amenities: Library, Medical Facilities, Private Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Association Amenities: Basketball Court, Guest Parking, Park, Tennis Courts
  • Remarks Public Addendum: All offers due by 6/20 at 10pm.
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 576
  • Directions: Rope Ferry Rd to Rope Ferry Commons. Unit #N158 near front of complex on left
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven/Range, Microwave, Refrigerator
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 54

Exterior Features

  • Exterior Features: Porch, Sidewalk, Tennis Court
  • Exterior Siding: Vinyl Siding, Brick
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Total Parking Spaces: 1

Utilities

  • Heat Type: Baseboard
  • 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
  • Complex Name: Rope Ferry Commons
  • Levels In Unit: 1
  • HOA Fees: 204
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: (860)437-7005

Schools

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

Lot Info

  • Lot Description: Not Applicable
  • Flood Zone: No
  • Zoning: C-T

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 1474
  • Total Assessed Value: 69530
  • Mil Rate Base: 21.200
  • Mil Rate Total: 21.200
  • Assessor Parcel Number: 1588540

Multi Family

  • Total Num Of Units: 218

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
Jun 17, 2023
Closed on
Aug 11, 2023
Sold by
Smith Wayne M Est and Smith
Bought by
Carter Kristen
Seller's Agent
Stephanie Anthony
Real Broker CT, LLC
Buyer's Agent
Shannon Muscara
RE/MAX One
List Price
$99,900
Sold Price
$116,000
Premium/Discount to List
$16,100
16.12%
Views
107
Current Estimated Value
$163,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,057
Avg. Annual Appreciation
14.16%
Original Mortgage
$113,898
Outstanding Balance
$111,479
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$40,496

Purchase Details

Closed on
Apr 12, 2002
Sold by
Gibson John C
Bought by
Smith Wayne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Carter Kristen $116,000 None Available
Smith Wayne M $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Kristen $3,501
Open Carter Kristen $113,898
Closed Smith Wayne M $46,035
Closed Smith Wayne M $44,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $116,000 +16.1% $201 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/17/2023 06/17/23 For Sale $99,900 -- $173 / 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 $1,624 $69,530 $0 $69,530
2024 $1,551 $69,530 $0 $69,530
2023 $1,474 $69,530 $0 $69,530
2022 $1,662 $60,300 $0 $60,300
2021 $1,667 $60,300 $0 $60,300
2020 $1,681 $60,300 $0 $60,300
2019 $1,687 $60,300 $0 $60,300
2018 $1,653 $60,300 $0 $60,300
2017 $1,408 $52,100 $0 $52,100
2016 $1,395 $52,100 $0 $52,100
2015 $1,346 $52,100 $0 $52,100
2014 $1,292 $52,100 $0 $52,100
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Anthony

    Seller's Agent in 2023

    Stephanie Anthony

    Real Broker CT, LLC

    (860) 753-0337

    1 in this area

    33 Total Sales

    Stephanie Anthony
    Section Image
  • Shannon Muscara

    Buyer's Agent in 2023

    Shannon Muscara

    RE/MAX

    (845) 519-4046

    6 in this area

    113 Total Sales

    Shannon Muscara
    Section Image
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Map

Source: SmartMLS

MLS Number: 170577303

SmartMLS

APN: WATE-000138-000000-006943

Connecticut New London County Waterford 06385

54 Rope Ferry Rd Unit N158, Waterford, CT

This home is located at 54 Rope Ferry Rd Unit N158, Waterford, CT 06385 since 17 June 2023 and is currently estimated at $163,057, approximately $283 per square foot. This property was built in 1987. 54 Rope Ferry Rd Unit N158 is a home located in New London County with nearby schools including Clark Lane Middle School, Waterford High School, and New London High School Multi-Magnet Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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