NOT LISTED FOR SALE

1550 Route 12 Gales Ferry, CT 06335

Estimated Value: $253,633

-- Bed
5 Baths
3,316 Sq Ft
$76/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $210,000 $63 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,006/month

78 Days on Market

Highlights

  • Property is near public transit
  • Tankless Water Heater
  • Baseboard Heating
  • No HOA
  • Public Transportation
  • Lot Has A Rolling Slope

About This Home

As of June 2022

Three efficiency apartments with a potential for a fourth, all on the upper of two levels. Parking, access and covered deck lends to units.
The ground level space was formerly housed a long-standing dental practice. The interior space is still configured to this use, however, given the zoning of GFDD, a wide variety of uses await the next owner.

Last Agent to Sell the Property

Clark Farley

Century 21 Limitless License #REB.0751941 Listed on: 02/23/2022

Century 21 Limitless

Last Buyer's Agent

Carolyn Greer

William Pitt Sotheby's Int'l License #RES.0762801

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,790

Year Built

  • Built in 1966

Lot Details

  • 0.75 Acre Lot
  • Lot Has A Rolling Slope

Home Design

  • 3,316 Sq Ft Home
  • Side-by-Side
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding
  • Masonry

Bedrooms and Bathrooms

  • 5 Full Bathrooms

Parking

  • Driveway
  • Parking Lot

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Gales Ferry Elementary School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Tankless Water Heater
  • Hot Water Circulator

Listing and Financial Details

  • Exclusions: Bookcases in 2nd level office

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,790

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3316
  • Public Record Living Room Sq Ft: 3316
  • Total Sq Ft: 3316
  • Year Built: 1966
  • Nearby Amenities: Commuter Bus, Golf Course, Library, Public Transportation, Shopping/Mall
  • Exclusions: Bookcases in 2nd level office
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3956
  • Directions: Interstate 95 to Route 12, past the sub base, property on right.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Attic: No
  • Street Number Modifier: 1550

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Slab
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Masonry

Garage/Parking

  • Garage Parking Info: Parking Lot
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.7500
  • Lot Description: Rolling
  • Zoning: GFDD

Multi Family

  • Unit Count: 6
  • Total Multi Family: 13
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6790
  • Total Assessed Value: 202090
  • Mil Rate Base: 33.600
  • Mil Rate Total: 33.600
  • Assessor Parcel Number: 1513840

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Jun 2, 2022
Sold by
Shiller William R Est
Bought by
1550 Route 12 Llc
Seller's Agent
Clark Farley
Century 21 Limitless
Buyer's Agent
Carolyn Greer
William Pitt Sotheby's Int'l
List Price
$249,000
Sold Price
$210,000
Premium/Discount to List
-$39,000
-15.66%
Current Estimated Value
$253,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,633
Avg. Annual Appreciation
4.81%

Purchase Details

Closed on
Jun 7, 1979
Bought by
Shiller William R
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
1550 Route 12 Llc $210,000 None Available
Shiller William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shiller William R $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $210,000 -15.7% $63 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $249,000 0.0% $75 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $249,000 -- $75 / 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 $7,506 $202,090 $76,580 $125,510
2024 $7,116 $202,090 $76,580 $125,510
2023 $6,984 $202,090 $76,580 $125,510
2022 $6,835 $202,090 $76,580 $125,510
2021 $6,790 $202,090 $76,580 $125,510
2020 $6,462 $184,800 $98,560 $86,240
2019 $6,479 $184,800 $98,560 $86,240
2018 $6,337 $184,800 $98,560 $86,240
2017 $6,013 $184,800 $98,560 $86,240
2016 $5,895 $184,800 $98,560 $86,240
2015 $5,618 $184,800 $98,560 $86,240
2014 $5,701 $187,530 $98,560 $88,970
Source: Public Records

Agents Affiliated with this Home

  • Clark Farley

    Seller's Agent in 2022

    Clark Farley

    Century 21 Limitless

    (401) 481-4391

    1 in this area

    19 Total Sales

    Clark Farley
    Section Image
  • Carolyn Greer

    Buyer's Agent in 2022

    Carolyn Greer

    William Pitt

    (860) 245-4959

    2 in this area

    19 Total Sales

    Carolyn Greer
    Section Image
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Map

Source: SmartMLS

MLS Number: 170469239

SmartMLS

APN: LEDY-000107-002120-001550

Connecticut New London County Gales Ferry 06335

1550 Route 12, Gales Ferry, CT

This home is located at 1550 Route 12, Gales Ferry, CT 06335 since 23 February 2022 and is currently estimated at $253,633, approximately $76 per square foot. This property was built in 1966. 1550 Route 12 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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