NOT LISTED FOR SALE

97 W Main St Unit 21 Niantic, CT 06357

Estimated Value: $341,000 - $377,000

2 Beds
2.5 Baths
1,520 Sq Ft
$290/mo HOA Fee

Last Sold July 01, 2016

Last sale price $154,000 $101 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,591/month

123 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Ceiling Fan
  • East Lyme Middle School Rated A-
  • 1 Fireplace
  • Baseboard Heating

About This Home

As of July 2016

UPDATED AND MOVE IN READY CONDO IN PONDCLIFF COMPLEX. NEW KITCHEN CABINETRY, NEW APPLIANCES, NEW CARPETING AND NEW TILE FLOORING. FRESHLY PAINTED. UPDATED LIGHTING FIXTURES. NOTHING TO DO BUT MOVE RIGHT IN. OPEN FLOOR PLAN WITH FIREPLACED LIVING ROOM/DINING ROOM COMBO WITH SLIDERS THAT OPEN TO BALCONY OVERLOOKING A TRANQUIL SETTING. MASTER BEDROOM WITH FULL BATH AND SLIDER LEADING TO BALCONY INCLUDES 14X14 LOFT AREA. SECOND BEDROOM HAS FULL BATH. LAUNDRY ON UPPER LEVEL. PARTIALLY FINISHED LOWER LEVEL AND EXTRA LARGE STORAGE ROOM PERFECT FOR WORKSHOP AREA. HOA MAINTAINS BEAUTIFULLY LANDSCAPED GROUNDS, INGROUND SWIMMING POOL, PONDS, WATERFALL AND FOUNTAINS. CLOSE TO DOWNTOWN NIANTIC, BEACHES, RESTAURANTS AND SHOPPING.

Last Agent to Sell the Property

Joanne Putnam

DB Associates of CT, LLC License #RES.0752058 Listed on: 01/14/2016

Last Buyer's Agent

Mary Poola

William Raveis Real Estate License #REB.0755915

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,515

Year Built

  • Built in 1984

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

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

Parking

  • 2 Parking Spaces
  • Parking Deck

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, insurance, property management, pool service, snow removal, trash pickup
  • 96 Units
  • Pond Cliff Community
  • Property managed by EMPIRE

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,515

Year Built

Built in 1984

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Total Sq Ft: 1520
  • Year Built: 1984
  • Nearby Amenities: Pool
  • Association Amenities: Pool
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Boats, Trailer(S)
  • End Unit: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: ROUTE 156 IS WEST MAIN ST. COMPLEX IS WEST OF NIANTIC VILLAGE.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Microwave, Oven/Range
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 97

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Wood
  • Swimming Pool: Yes
  • Pool: In Ground Pool

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Property Management, Pool Service, Snow Removal, Trash Pickup
  • Complex Name: Pond Cliff
  • Levels In Unit: 3
  • HOA Fees: 290
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: EMPIRE
  • Property Mgt Phone: 203-488-9500

Schools

  • Elementary School: PBOE
  • High School: PBOE

Rental Info

  • Pets Allowed Info: SMALL
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3515
  • Total Assessed Value: 142240
  • Mil Rate Total: 24.710
  • Assessor Parcel Number: 1467252

Multi Family

  • Total Num Of Units: 96

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Jul 1, 2016
Sold by
Fnma
Bought by
Irvine Kathryn
Seller's Agent
Joanne Putnam
DB Associates of CT, LLC
Buyer's Agent
Mary Poola
William Raveis Real Estate
List Price
$189,900
Sold Price
$154,000
Premium/Discount to List
-$35,900
-18.9%
Current Estimated Value
$355,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,025
Avg. Annual Appreciation
9.42%
Original Mortgage
$121,600
Outstanding Balance
$97,074
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$257,952

Purchase Details

Closed on
Aug 3, 2015
Sold by
Wells Fargo Bank Na
Bought by
Fnma

Purchase Details

Closed on
Aug 9, 2006
Sold by
Ricci Charles and Ricci Barbara
Bought by
Mercurio Lucia

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
6.8%

Purchase Details

Closed on
Feb 15, 1991
Sold by
Barnes Seymour and Barnes Fannie
Bought by
Ricci Charles and Ricci Barbara
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
Irvine Kathryn $152,000 --
Fnma -- --
Mercurio Lucia $250,000 --
Ricci Charles $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricci Charles $121,600
Previous Owner Ricci Charles $30,000
Previous Owner Ricci Charles $200,000
Previous Owner Ricci Charles $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $154,000 -18.9% $101 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $189,900 -- $125 / 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 $4,949 $176,680 $0 $176,680
2024 $4,656 $176,680 $0 $176,680
2023 $4,396 $176,680 $0 $176,680
2022 $4,212 $176,680 $0 $176,680
2021 $3,584 $125,720 $0 $125,720
2020 $3,565 $125,720 $0 $125,720
2019 $3,544 $125,720 $0 $125,720
2018 $3,438 $125,720 $0 $125,720
2017 $3,289 $125,720 $0 $125,720
2016 $3,607 $142,240 $0 $142,240
2015 $3,515 $142,240 $0 $142,240
2014 -- $142,240 $0 $142,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: P10103871

SmartMLS

APN: ELYM-001103-000099-000021