NOT LISTED FOR SALE

Estimated Value: $353,000 - $436,557

6 Beds
3 Baths
3,182 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $365,000 $115 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,646/month

47 Days on Market

Highlights

  • City View
  • Heating System Uses Steam
  • 1-minute walk to New London Recreation
  • Baseboard Heating

About This Home

As of March 2024

Beautiful 3 family incoming producing property. This multifamily is in the heart of New London, Connecticut. Easy access to area employers. This property has newer mechanicals and the property is fully rented, yielding a turnkey investment. Reach out for a showing today!

Last Agent to Sell the Property

Jason Calouro

Drawbridge Realty License #REB.0795163 Listed on: 12/23/2023

Co-Listed By

Joel Grispino

Drawbridge Realty License #RES.0825529

Last Buyer's Agent

Rosemarie Smith

Coldwell Banker Realty License #RES.0804233

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,340

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 3,182 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Available at Street

Community Details

  • 3 Units
  • Gross Income $47,700

Listing and Financial Details

  • Assessor Parcel Number 2001206

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,340

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3182
  • Total Sq Ft: 3182
  • Year Built: 1930
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5515
  • Directions: Per GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3182
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 11

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Gas on Gas, Steam
  • Heat Fuel Type: Gas In Street
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.13
  • Lot Description: City Views
  • Zoning: MF
  • Parcel #: 2001206

Multi Family

  • Gross Annual Income: 47700
  • Net Operating Income: 33795
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4340
  • Total Assessed Value: 116550
  • Mil Rate Total: 37.24

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Radulescu Diana M
Bought by
Dmr Enterrises Llc
Current Estimated Value
$399,889

Purchase Details

Listed on
Dec 23, 2023
Closed on
Mar 8, 2024
Sold by
Jwh Properties Llc
Bought by
Radulescu Diana
Seller's Agent
Jason Calouro
Drawbridge Realty
Buyer's Agent
Rosemarie Smith
Coldwell Banker Realty
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$255,500
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jan 27, 2021
Sold by
Kindle Michael J
Bought by
Jwh Properties Llc
Seller's Agent
Kathleen Coleman
William Raveis Real Estate
Buyer's Agent
Lisa Helfrich
HomeSmart Professionals Real Estate
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$212,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 28, 2011
Closed on
Jan 13, 2012
Sold by
Us Bank Na
Bought by
Kindle Michael J
Seller's Agent
Linda Davis
RE/MAX Realty Group
Buyer's Agent
Kathleen Coleman
William Raveis Real Estate
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Jan 24, 2011
Sold by
Meaney Stephanie
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 23, 2007
Sold by
Marte Franklin and Deleon Alin H
Bought by
Meaney Stephanie

Purchase Details

Closed on
Oct 11, 2002
Sold by
Harkins Frances
Bought by
Bizzak Donald and Pare Michael

Purchase Details

Closed on
Mar 1, 2002
Sold by
Heikkinen John P and Heikkinen Candy C
Bought by
Deleon Alin H and Marte Franklin

Purchase Details

Closed on
Feb 13, 2001
Sold by
Heikkinen Kenneth J and Heikkinen Marion B
Bought by
Heikkinen Candy C and Heikkinen John P
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
Dmr Enterrises Llc -- None Available
Dmr Enterrises Llc -- None Available
Dmr Enterrises Llc -- None Available
Radulescu Diana $365,000 None Available
Radulescu Diana $365,000 None Available
Radulescu Diana $365,000 None Available
Jwh Properties Llc $265,000 None Available
Jwh Properties Llc $265,000 None Available
Jwh Properties Llc $265,000 None Available
Kindle Michael J $125,000 --
Kindle Michael J $125,000 --
Us Bank Na -- --
Us Bank Na -- --
Meaney Stephanie $325,000 --
Meaney Stephanie $325,000 --
Bizzak Donald $55,000 --
Deleon Alin H $156,000 --
Deleon Alin H $156,000 --
Heikkinen Candy C $85,000 --
Heikkinen Candy C $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Radulescu Diana $255,500
Previous Owner Jwh Properties Llc $50,000
Previous Owner Jwh Properties Llc $212,000
Previous Owner Heikkinen Kenneth J $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $365,000 -3.7% $115 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
12/23/2023 12/23/23 For Sale $379,000 +43.0% $119 / Sq Ft
02/01/2021 02/01/21 Sold $265,000 +6.0% $83 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $250,000 0.0% $79 / Sq Ft
06/30/2020 06/30/20 Rented $900 0.0% --
12/30/2019 12/30/19 For Rent $900 -5.3% --
07/17/2017 07/17/17 Rented $950 -5.0% --
06/14/2017 06/14/17 Under Contract -- -- --
05/03/2017 05/03/17 For Rent $1,000 +11.1% --
08/25/2016 08/25/16 Rented $900 0.0% --
05/11/2016 05/11/16 For Rent $900 0.0% --
02/01/2015 02/01/15 Rented $900 0.0% --
01/12/2015 01/12/15 Under Contract -- -- --
12/17/2014 12/17/14 For Rent $900 +5.9% --
08/15/2012 08/15/12 Rented $850 -5.6% --
08/15/2012 08/15/12 Under Contract -- -- --
07/05/2012 07/05/12 Rented $900 +5.9% --
07/05/2012 07/05/12 Under Contract -- -- --
07/05/2012 07/05/12 For Rent $850 -5.6% --
04/30/2012 04/30/12 For Rent $900 -5.3% --
04/28/2012 04/28/12 Rented $950 0.0% --
04/28/2012 04/28/12 Under Contract -- -- --
03/21/2012 03/21/12 For Rent $950 0.0% --
01/13/2012 01/13/12 Sold $125,000 -16.7% $39 / Sq Ft
12/01/2011 12/01/11 Pending -- -- --
10/28/2011 10/28/11 For Sale $150,000 -- $47 / 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 $5,807 $213,500 $32,600 $180,900
2024 $5,871 $213,500 $32,600 $180,900
2023 $4,340 $116,550 $13,650 $102,900
2022 $4,348 $116,550 $13,650 $102,900
2021 $4,423 $116,550 $13,650 $102,900
2020 $4,299 $112,560 $13,650 $98,910
2019 $4,491 $112,560 $13,650 $98,910
2018 $3,543 $80,990 $17,360 $63,630
2017 $3,585 $80,990 $17,360 $63,630
2016 $3,277 $80,990 $17,360 $63,630
2015 $3,198 $80,990 $17,360 $63,630
2014 -- $80,990 $17,360 $63,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170616014

SmartMLS

APN: NLON-000036-000196-000003