NOT LISTED FOR SALE

12 Library Ln Gales Ferry, CT 06335

Gales Ferry Neighborhood

Estimated Value: $268,000 - $328,000

4 Beds
1 Bath
882 Sq Ft
$324/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $150,000 $170 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,860/month

355 Days on Market

Highlights

  • River Front
  • No HOA
  • Wrap Around Porch
  • Corner Lot
  • Cottage

About This Home

As of September 2016

The "Richard G.Povey Cottage circa 1910" in the historical district of Gales Ferry is this 4 bedroom cottage which has remained in the same family. Rustic and original exposed beams throughout, hardwood floors, plumbing updated, wraparound porch, new porch roof and exterior paint. Frontage on Clark Cove through lightly wooded half acre with fenced yard and shed. This makes a wonderful week-end or summer retreat.

Last Agent to Sell the Property

Judy Halleran

RE/MAX on the Bay License #RES.0755488 Listed on: 08/21/2015

RE/MAX on the Bay

Last Buyer's Agent

Mary Doran

Mary Elizabeth Doran License #REB.0758057

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,822

Year Built

  • Built in 1903

Lot Details

  • 0.75 Acre Lot
  • River Front
  • Corner Lot

Parking

  • Dirt Driveway

Home Design

  • Cottage
  • Shingle Siding

Interior Spaces

  • 882 Sq Ft Home
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Wrap Around Porch

Schools

  • Pboe Elementary School
  • Ledyard High School

Utilities

  • No Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,822

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cottage
  • Total Sq Ft: 882
  • Year Built: 1903
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Rt.12 to Hurlbutt to Library Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 12

Exterior Features

  • Exterior Features: Porch-Wrap Around
  • Exterior Siding: Shingle
  • Waterfront Description: Access, Frontage, River
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Open
  • Driveway Type: Dirt

Utilities

  • Heat Type: No Heat
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Electrical Amperage: 60

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: Ledyard

Lot Info

  • Acres: 0.7500
  • Lot Description: Corner Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3822
  • Total Assessed Value: 119840
  • Mil Rate Total: 31.900
  • Assessor Parcel Number: 1511802

MLS Schools

  • Elementary School: PBOE
  • High School: Ledyard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Sep 30, 2016
Sold by
Hutchinson Joan A
Bought by
Shine Randall S
Seller's Agent
Judy Halleran
RE/MAX on the Bay
Buyer's Agent
Mary Doran
Mary Elizabeth Doran
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$285,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,882
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Sep 17, 1981
Bought by
Hutchinson Joan A
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
Shine Randall S $150,000 --
Hutchinson Joan A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutchinson Joan A $260,000
Previous Owner Hutchinson Joan A $200,000
Previous Owner Hutchinson Joan A $90,000
Previous Owner Hutchinson Joan A $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $150,000 0.0% $170 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $150,000 -- $170 / 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 $4,122 $110,985 $73,815 $37,170
2024 $3,920 $111,335 $73,815 $37,520
2023 $3,848 $111,335 $73,815 $37,520
2022 $3,765 $111,335 $73,815 $37,520
2021 $3,741 $111,335 $73,815 $37,520
2020 $4,161 $119,000 $80,500 $38,500
2019 $4,130 $117,810 $80,500 $37,310
2018 $4,040 $117,810 $80,500 $37,310
2017 $3,834 $117,810 $80,500 $37,310
2016 $3,758 $117,810 $80,500 $37,310
2015 $3,581 $117,810 $80,500 $37,310
2014 $3,583 $119,840 $80,500 $39,340
Source: Public Records

Agents Affiliated with this Home

  • Judy Halleran

    Seller's Agent in 2016

    Judy Halleran

    RE/MAX

    (860) 625-5262

    82 Total Sales

    Judy Halleran
    Section Image

  • M

    Buyer's Agent in 2016

    Mary Doran

    Mary Elizabeth Doran

    Section Image
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Map

Source: SmartMLS

MLS Number: E10073677

SmartMLS

APN: LEDY-000075-001290-000012

Connecticut New London County Gales Ferry 06335 Gales Ferry

12 Library Ln, Gales Ferry, CT

This home is located at 12 Library Ln, Gales Ferry, CT 06335 since 21 August 2015 and is currently estimated at $285,882, approximately $324 per square foot. This property was built in 1903. 12 Library Ln 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.

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