NOT LISTED FOR SALE

1060 Long Cove Rd Gales Ferry, CT 06335

Gales Ferry Neighborhood

Estimated Value: $246,000 - $387,086

3 Beds
2.5 Baths
1,620 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $211,464 $131 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,972/month

7 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Baseboard Heating

About This Home

As of August 2023

What a wonderful, affordable opportunity to buy a newer home in ledyard! This home is an affordable house that follows 60% of the area median income , owner must make below 60% of the area median income.We have a picture of the income guidance in the photos, as well as a downloadable pdf in the attachments. This 3 Bedroom 2.5 bath house offers the perfect floorplan, private back yard and yet is moments to everything! Just a few minutes away from electric boat, the subbase, and all of the local employers in the area!

Last Agent to Sell the Property

Joseph Malerba

eXp Realty License #RES.0792576 Listed on: 05/28/2023

eXp Realty

Last Buyer's Agent

Joseph Malerba

eXp Realty License #RES.0792576 Listed on: 05/28/2023

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,560

Year Built

  • Built in 2018

Lot Details

  • 0.59

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Laundry on lower level

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Gales Ferry Elementary School
  • Ledyard High School

Additional Features

  • 0.59 Acre Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,560

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1620
  • Public Record Living Room Sq Ft: 1620
  • Total Sq Ft: 1620
  • Year Built: 2018
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2579
  • Tax Year Updated Dt: 06/26/2023
  • Directions: per gps
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Walk-up
  • Basement Description: Full
  • Appliances: Microwave, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 1060

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Gales Ferry
  • High School: Ledyard

Lot Info

  • Acres: 0.5900
  • Lot Description: In Subdivision, Dry
  • Zoning: res

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4560
  • Total Assessed Value: 131950
  • Mil Rate Base: 34.560
  • Mil Rate Total: 34.560
  • Assessor Parcel Number: 2694987

MLS Schools

  • Elementary School: Gales Ferry
  • High School: Ledyard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2023
Closed on
Jul 27, 2023
Sold by
Maddrah John W
Bought by
Lin Ren J and Yang Lan Z
Seller's Agent
Joseph Malerba
eXp Realty
Buyer's Agent
Joseph Malerba
eXp Realty
List Price
$187,075
Sold Price
$211,464
Premium/Discount to List
$24,389
13.04%
Views
542
Current Estimated Value
$294,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,216
Avg. Annual Appreciation
19.74%
Original Mortgage
$220,000
Outstanding Balance
$215,311
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$89,498

Purchase Details

Listed on
Mar 2, 2019
Closed on
Aug 6, 2019
Sold by
Green Falls Assoc Llc
Bought by
Maddrah John W
Seller's Agent
Pamela Chappell
Coldwell Banker Realty
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$188,560
Sold Price
$188,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$164,132
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lin Ren J $211,464 None Available
Maddrah John W $188,560 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Ren J $220,000
Previous Owner Maddrah John W $164,132
Previous Owner Maddrah John W $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $211,464 0.0% $131 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $211,464 +13.0% $131 / Sq Ft
05/28/2023 05/28/23 For Sale $187,075 -0.8% $115 / Sq Ft
08/09/2019 08/09/19 Sold $188,560 0.0% $119 / Sq Ft
08/06/2019 08/06/19 Sold $188,560 0.0% $119 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
03/02/2019 03/02/19 For Sale $188,560 0.0% $119 / Sq Ft
08/13/2018 08/13/18 For Sale $188,560 -- $119 / 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 $4,901 $131,950 $45,710 $86,240
2024 $4,646 $131,950 $45,710 $86,240
2023 $4,560 $131,950 $45,710 $86,240
2022 $4,463 $131,950 $45,710 $86,240
2021 $4,434 $131,950 $45,710 $86,240
2020 $4,614 $131,950 $43,400 $88,550
2019 $1,522 $43,400 $43,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Malerba

    Seller's Agent in 2023

    Joseph Malerba

    eXp Realty

    (860) 912-7315

    2 in this area

    247 Total Sales

    Section Image

  • P

    Seller's Agent in 2019

    Pamela Chappell

    Coldwell Banker Realty

  • P

    Seller's Agent in 2019

    Pam Chappell

    Coldwell Banker Realty

    Section Image

  • N

    Buyer's Agent in 2019

    Non-Mls Member

    Non-Mls Member

  • Marianne Malerba

    Buyer's Agent in 2019

    Marianne Malerba

    eXp Realty

    (860) 608-9661

    99 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170572945

SmartMLS

APN: 120 1340 1060

Connecticut New London County Gales Ferry 06335 Gales Ferry

1060 Long Cove Rd, Gales Ferry, CT

This home is located at 1060 Long Cove Rd, Gales Ferry, CT 06335 since 28 May 2023 and is currently estimated at $311,522, approximately $192 per square foot. This property was built in 2018. 1060 Long Cove Rd is a home located in New London County with nearby schools including Ledyard Middle School, Ledyard High School, and Academy Of St Therese.

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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