NOT LISTED FOR SALE

124 Ring Dr Groton, CT 06340

Groton Area

Estimated Value: $404,000 - $443,000

4 Beds
2 Baths
1,904 Sq Ft
$221/Sq Ft Est. Value

Sale Details

Date Sold: August 4, 2023

Last sale price $356,000 $187 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,744 / mo

1 Day on Market

Highlights

  • 0.58 Acre Lot
  • Attic
  • Property is near bus stop
  • Deck
  • Shed
  • Baseboard Heating

About This Home

As of August 2023

HIGHEST & BEST by Wednesday, June 21, 9:00AM. Looking for a great investment? Nothing to do here but start collecting the rent! Two side-by-side units show beautifully (hardwoods, ceramic tile, decks). Updates in the last 10-12 years include: roof, oil tanks, furnaces, over-sized shed, and more. Property sits on .58 acres of cleared level yard which abuts a brook. Each unit has its own deck off the back of the house. Shed is large enough to store a ride-on mower and all your lawn & garden tools. Each unit has its own driveway, providing plenty of off-street parking.

Last Agent to Sell the Property

Joan Casey

RE/MAX Legends License #RES.0818545 Listed on: 06/15/2023

RE/MAX Legends

Last Buyer's Agent

James Corby

RE/MAX One License #REB.0794596

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,722

Year Built

  • Built in 1967

Lot Details

  • 25,265 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway
  • Sump Pump

Parking

  • 6 Parking Spaces
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near bus stop

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: refrigerator in unit 124 belongs to tenant
  • Assessor Parcel Number 1955001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,722

Year Built

Built in 1967

Lot Details

0.58 Acres

Listing Details

  • Neighborhood: Poquonock Bridge
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1904
  • Total Sq Ft: 1904
  • Year Built: 1967
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Exclusions: refrigerator in unit 124 belongs to tenant
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1904
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Concrete Floor, Hatchway Access, Sump Pump
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 6
  • Garage And Parking: Paved, On Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • 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: 0.58
  • Lot Description: Level Lot
  • Zoning: R-12
  • Parcel #: 1955001

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4722

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 4, 2023
Sold by
Bought by
Seller's Agent
Joan Casey
RE/MAX Legends
Buyer's Agent
James Corby
RE/MAX One
List Price
$295,000
Sold Price
$356,000
Premium/Discount to List
$61,000
20.68%
Views
61
Current Estimated Value
$420,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,181
Avg. Annual Appreciation
5.68%
Original Mortgage
$240,000
Outstanding Balance
$230,003
Interest Rate
5.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$190,178

Purchase Details

Closed on
Aug 3, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$356,000 None Available
$127,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $240,000
Closed $240,000
Previous Owner $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $356,000 +20.7% $187 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $295,000 -- $155 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,239 $177,520 $76,776 $100,744
2024 $4,932 $177,520 $76,776 $100,744
2023 $4,834 $177,520 $33,600 $143,920
2022 $4,722 $177,520 $33,600 $143,920
2021 $3,971 $122,290 $33,600 $88,690
2020 $3,867 $122,290 $33,600 $88,690
2019 $3,724 $122,290 $33,600 $88,690
2018 $3,686 $122,290 $33,600 $88,690
2017 $3,590 $122,290 $33,600 $88,690
2016 $4,010 $142,800 $52,430 $90,370
2015 $3,856 $142,800 $52,430 $90,370
2014 $3,753 $142,800 $52,430 $90,370
Source: Public Records

Agents Affiliated with this Home

  • Joan Casey

    Seller's Agent in 2023

    Joan Casey

    RE/MAX

    (860) 941-2498

    126 Total Sales

    Joan Casey
    Section Image
  • James Corby

    Buyer's Agent in 2023

    James Corby

    RE/MAX

    (860) 865-8197

    126 Total Sales

    James Corby
    Section Image
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Map

Source: SmartMLS

MLS Number: 170577200

SmartMLS

APN: GROT-002608-000509-004316

Connecticut New London County Groton 06340

124 Ring Dr, Groton, CT

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