NOT LISTED FOR SALE

122 Thames St Groton, CT 06340

Estimated Value: $250,756 - $526,000

4 Beds
2.5 Baths
1,232 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $435,000 $353 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,255/month

24 Days on Market

About This Home

As of September 2024

Discover unparalleled waterfront living with this stunning two-family home, perfectly situated to capture breathtaking views of the Thames River and the iconic Gold Star Bridge. Imagine waking up to panoramic vistas of the river, dotted with lighthouses, and witnessing the majestic passage of submarines, ferries, and ships from the comfort of your expansive decks. This prime location is just a short stroll from Electric Boat, offering both convenience and charm. Recently remodeled with meticulous attention to detail, this home boasts: Brand New Siding and Roof, Modernized Electric and Heating Systems:** Providing energy efficiency and peace of mind. Sleek, Remodeled Bathrooms and Kitchens: Featuring contemporary finishes and high-end appliances for a touch of luxury. Whether you're looking to invest or find a dream home, this property offers endless possibilities. It's perfectly suited for a lucrative Airbnb or a desirable rental, promising strong returns. Experience the epitome of waterfront living. Schedule your private tour today and step into a world of elegance, comfort, and breathtaking beauty

Last Agent to Sell the Property

Joseph Malerba

eXp Realty License #RES.0792576 Listed on: 07/02/2024

eXp Realty

Last Buyer's Agent

Joseph Malerba

eXp Realty License #RES.0792576 Listed on: 07/02/2024

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,793

Year Built

  • Built in 1860

Lot Details

  • 7,841

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Fitch Senior High School

Utilities

  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Additional Features

  • Walking Distance to Water
  • 7,841 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1949486

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,793

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Neighborhood: Groton City
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1232
  • Total Sq Ft: 1232
  • Year Built: 1860
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS friendly
  • Financing Used: Other
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full
  • Attic: No

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.18
  • Lot Description: City Views Water View Rolling
  • Zoning: WBR
  • Parcel #: 1949486

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 2793

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Dec 21, 2023
Sold by
888 Holdings Llc
Bought by
Clover Real Estate Llc
Seller's Agent
Joseph Malerba
eXp Realty
Buyer's Agent
Non Member Non Member
Non-Member
List Price
$200,000
Sold Price
$188,000
Premium/Discount to List
-$12,000
-6%
Views
2
Current Estimated Value
$383,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,939
Avg. Annual Appreciation
44.49%
Original Mortgage
$247,000
Interest Rate
7.44%
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
Clover Real Estate Llc $188,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Clover Real Estate Llc $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $435,000 -3.3% $353 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $450,000 +139.4% $365 / Sq Ft
01/29/2024 01/29/24 Sold $188,000 -6.0% $153 / Sq Ft View Prior Sale
01/29/2024 01/29/24 Pending -- -- --
12/05/2023 12/05/23 For Sale $200,000 -- $162 / 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 $3,003 $103,880 $60,858 $43,022
2024 $2,793 $103,880 $60,858 $43,022
2023 $2,680 $103,880 $42,420 $61,460
2022 $2,592 $103,880 $42,420 $61,460
2021 $2,427 $80,150 $27,580 $52,570
2020 $2,357 $80,150 $27,580 $52,570
2019 $2,282 $80,150 $27,580 $52,570
2018 $2,304 $80,150 $27,580 $52,570
2017 $2,312 $80,150 $27,580 $52,570
2016 $2,234 $82,250 $34,370 $47,880
2015 $2,206 $82,250 $34,370 $47,880
2014 $2,052 $82,250 $34,370 $47,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24029784

SmartMLS

APN: GROT-001689-001822-008395