$195,000
SOLD NOV 29, 2019
6 Beds
2 Baths
2,560 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$76 Per Sq Ft

5% Above List Price

64 Days on Market

Highlights

  • Finished Attic
  • No HOA
  • Laundry Facilities
  • Attic
  • Heating System Uses Steam
  • 2-minute walk to Mahan Park

About This Home

As of February 2023

Invest or Owner Occupy either way this is a great buy! Well kept two story colonial! One unit is currently occupied with a month to month tenant with a rental income of $950.00. Rental income is a great way to pay down your mortgage! Or if you prefer to invest the other unit has a potential rental income of $1,100.00 a month. With 2 bedrooms in Unit 1 and 4 bedrooms in Unit 2 this home has loads of potential! Plus it is conveniently located to public transportation, bus lines, shopping and medical facilities! Make an appointment today before it's gone!

Last Agent to Sell the Property

Marta Johnson

MCJ Realty Homes LLC License #REB.0792850 Listed on: 09/06/2019

Last Buyer's Agent

Kiki Sydnor

RE/MAX One License #RES.0802743

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • Finished Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage

Schools

  • New London High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Exclusions: See agent to agent remarks

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,717

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2560
  • Public Record Living Room Sq Ft: 2560
  • Total Sq Ft: 2560
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Exclusions: See agent to agent remarks
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4470
  • Directions: CT-2A E/I-395 follow I-395 S >Take exit 5 on the left onto CT-32 S toward New London Take the I-95 ramp to New Haven>Turn left onto Briggs St Turn left onto Vauxhall St>Destination will be on the right >118 Vauxhall St, New London, CT 06320
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Finished
  • Basement Description: Unfinished
  • Laundry Room Info: All Units Have Hook-Ups, Common Laundry Area
  • Attic: Yes
  • Street Number Modifier: 118

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1600
  • Lot Description: Level Lot
  • Zoning: R-2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 13
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4717
  • Total Assessed Value: 118230
  • Mil Rate Base: 39.900
  • Mil Rate Total: 39.900
  • Assessor Parcel Number: 2001662

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Feb 6, 2023
Sold by
Grisham Kareem R
Bought by
Adams Alban F
Seller's Agent
Kiki Sydnor
RE/MAX One
Buyer's Agent
Tracee Adams
William Raveis Real Estate
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Total Days on Market
64
Views
150
Current Estimated Value
$350,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,459
Avg. Annual Appreciation
6.93%
Original Mortgage
$210,000
Outstanding Balance
$204,488
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$145,971

Purchase Details

Listed on
Sep 6, 2019
Closed on
Nov 25, 2019
Sold by
Peters Daniel E
Bought by
Grisham Kareem R
Seller's Agent
Marta Johnson
MCJ Realty Homes LLC
Buyer's Agent
Kiki Sydnor
RE/MAX One
List Price
$185,000
Sold Price
$195,000
Premium/Discount to List
$10,000
5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%

Purchase Details

Closed on
Aug 13, 2010
Sold by
Eagle World Assoc Llc
Bought by
Peters Daniel E

Purchase Details

Closed on
Dec 3, 2009
Sold by
Daniel E Peters Lt and Peters Daniel E
Bought by
Eagle World Assoc Llc

Purchase Details

Closed on
Mar 28, 2001
Sold by
Johnson Alora M
Bought by
Peters Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,764
Interest Rate
6.96%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 None Available
Warranty Deed $195,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 Purchase Money Mortgage
Previous Owner $211,640 FHA
Previous Owner $191,623 FHA
Previous Owner $113,400 No Value Available
Previous Owner $109,400 No Value Available
Previous Owner $78,764 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $300,000 -4.8% $117 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/13/2022 12/13/22 Price Changed $315,000 -10.0% $123 / Sq Ft
10/08/2022 10/08/22 For Sale $350,000 +79.5% $137 / Sq Ft
11/29/2019 11/29/19 Sold $195,000 +5.4% $76 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $185,000 -- $72 / 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
2024 $4,923 $179,000 $50,600 $128,400
2023 $4,403 $118,230 $31,640 $86,590
2022 $4,411 $118,230 $31,640 $86,590
2021 $4,487 $118,230 $31,640 $86,590
2020 $4,515 $118,230 $31,640 $86,590
2019 $4,717 $118,230 $31,640 $86,590
2018 $4,443 $101,570 $37,940 $63,630
2017 $4,495 $101,570 $37,940 $63,630
2016 $4,110 $101,570 $37,940 $63,630
2015 $4,011 $101,570 $37,940 $63,630
2014 $3,481 $101,570 $37,940 $63,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170232860

SmartMLS

APN: NLON-000040-000229-000002