NOT LISTED FOR SALE

11 Friendship St New London, CT 06320

Willetts Neighborhood

Estimated Value: $372,000 - $530,396

0.39 Acre
$1,073,331 Price per Acre
16,988 Sq Ft Lot

Last Sold November 13, 2018

Last sale price $175,000 $135 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,818/month

63 Days on Market

Highlights

  • 0.39 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of November 2018

This offering is for 3 individual contiguous lots fully approved each allowing for a 2-family home, totaling 6-units. Owner will sell separately or as a package. Great investment potential as the General Dynamics Electric Boat Engineering Facility just down the street has been steadily growing over the past three years. One could build one 2-family one at a time or all three 2-families at once. Great income potential as the area’s rental market is very strong. Within a close proximity are L&M Hospital, the Waterfall Shopping Center, Coast Guard Academy, Connecticut College, Mitchel College and downtown New London. Plans and layouts are available upon request. Also listed under ML 170111836, 170111835 & 170111838

Last Agent to Sell the Property

Michael Franklin

William Raveis Real Estate License #RES.0776611 Listed on: 08/11/2018

William Raveis Real Estate

Last Buyer's Agent

Ted Olynciw

Landmark Agency, Inc. License #REB.0750023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,229

Lot Details

  • 0.39 Acre Lot
  • Corner Lot
  • 3 Lots in the community
  • Property is zoned R-2

Schools

  • Pboe Elementary School
  • New London High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$5,229

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: From Bank ST onto Ocean Ave take a left at Willetts and the first right is Friendship property is on the corner of Willetts & Friendship.
  • Special Features: None

Exterior Features

  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric Available, Gas Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.3900
  • Lot Description: Additional Land Avail., Corner Lot
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 3
  • Zoning: R-2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5229
  • Assessor Parcel Number: 2579707

MLS Schools

  • Elementary School: PBOE
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Hospitl New London Hmless
Bought by
Hospitl New London Hmless
Current Estimated Value
$422,866

Purchase Details

Closed on
Jan 16, 1997
Sold by
Stowe Lucille M Est
Bought by
Reguin Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,800
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hospitl New London Hmless -- None Available
New London Hmless Hospitl -- None Available
Reguin Lori L $74,000 --
Reguin Lori L $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reguin Lori L $71,800
Closed Reguin Lori L $3,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2018 11/13/18 Sold $175,000 -12.1% $135 / Sq Ft
08/11/2018 08/11/18 For Sale $199,000 -- $154 / 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 $7,197 $264,600 $69,800 $194,800
2024 $1,920 $69,800 $69,800 $0
2023 $1,616 $43,400 $43,400 $0
2022 $1,619 $43,400 $43,400 $0
2021 $1,647 $43,400 $43,400 $0
2020 $1,657 $43,400 $43,400 $0
2019 $1,732 $43,400 $43,400 $0
2018 $1,736 $39,690 $39,690 $0
2017 $1,757 $39,690 $39,690 $0
2016 $1,606 $39,690 $39,690 $0
2015 $1,567 $39,690 $39,690 $0
2014 $1,360 $39,690 $39,690 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Franklin

    Seller's Agent in 2018

    Michael Franklin

    William Raveis Real Estate

    (860) 460-8144

    6 Total Sales

    Michael Franklin
    Section Image

  • T

    Buyer's Agent in 2018

    Ted Olynciw

    Landmark Agency, Inc.

    (860) 912-2075

    7 Total Sales

    Ted Olynciw
    Section Image
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Map

Source: SmartMLS

MLS Number: 170111837

SmartMLS

APN: NLON-000016-000095-000017A-D000000

Connecticut New London County New London 06320 Willetts

11 Friendship St, New London, CT

Not Listed for Sale

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