NOT LISTED FOR SALE

1581 Route 12 Gales Ferry, CT 06335

Gales Ferry Neighborhood

Estimated Value: $294,284 - $448,000

4 Beds
2 Baths
1,622 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $320,000 $197 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,376/month

8 Days on Market

Highlights

  • City View
  • Partially Wooded Lot
  • No HOA
  • Deck
  • Attic
  • 1-minute walk to Ledyard Parks & Recreation

About This Home

As of June 2023

This lovingly updated two family, is just minutes from electric boat, and the sublease, but features a huge back yard, and the perfect location just minutes from everything! Owner has updated windows, electric,furnace, siding, insulation bathrooms and floorings since purchasing, leaving the new buyer nothing to do but purchase it, and collect rent!

Last Agent to Sell the Property

Joseph Malerba

eXp Realty License #RES.0792576 Listed on: 03/21/2023

eXp Realty

Last Buyer's Agent

Kamil Andrukiewicz

New Haus Group LLC License #REB.0793086

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1942

Lot Details

  • 0.51 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Garden

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,622 Sq Ft Home
  • City Views
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Ledyard High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $32,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,065

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1622
  • Public Record Living Room Sq Ft: 1622
  • Total Sq Ft: 1622
  • Year Built: 1942
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 1822
  • Directions: per gps
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 1581

Exterior Features

  • Exterior Features: Deck, Garden Area
  • Exterior Siding: Wood
  • Foundation Type: Slab
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Total Parking Spaces: 8

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.5100
  • Lot Description: City Views, Level Lot, Lightly Wooded
  • Zoning: GFDD

Multi Family

  • Gross Annual Income: 32280
  • Net Operating Income: 20000
  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4065
  • Total Assessed Value: 120190
  • Mil Rate Base: 33.820
  • Mil Rate Total: 33.820
  • Assessor Parcel Number: 1513858

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Jun 26, 2023
Sold by
Palosz Anna and Palosz Franciszek
Bought by
1581 Route 12 Llc
Seller's Agent
Joseph Malerba
eXp Realty
Buyer's Agent
Kamil Andrukiewicz
New Haus Group LLC
List Price
$319,000
Sold Price
$320,000
Premium/Discount to List
$1,000
0.31%
Total Days on Market
8
Views
56
Current Estimated Value
$369,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,821
Avg. Annual Appreciation
2.72%

Purchase Details

Listed on
Mar 21, 2023
Closed on
May 25, 2023
Sold by
Coutre Jacob
Bought by
Palosz Anna and Palosz Franciszek
Seller's Agent
Joseph Malerba
eXp Realty
Buyer's Agent
Kamil Andrukiewicz
New Haus Group LLC
List Price
$319,000
Sold Price
$320,000
Premium/Discount to List
$1,000
0.31%
Views
56

Purchase Details

Listed on
Jun 24, 2017
Closed on
Aug 29, 2017
Sold by
Department Of Housing & Urban Dev
Bought by
Coutre Jacob
Seller's Agent
Jonathan Gineo
Silver and Oak Realty
Buyer's Agent
Joseph Malerba
eXp Realty
List Price
$120,000
Sold Price
$125,007
Premium/Discount to List
$5,007
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.69%

Purchase Details

Closed on
Dec 14, 2015
Sold by
Department Of Housing & Urban Dev
Bought by
Chfa

Purchase Details

Closed on
May 22, 2015
Sold by
Chfa
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jul 25, 2014
Sold by
Doolittle Jacob P and Chfa
Bought by
Chfa

Purchase Details

Closed on
Apr 24, 2008
Sold by
Waco Llc
Bought by
Doolittle Jacob P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,879
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
1581 Route 12 Llc -- None Available
Palosz Anna $320,000 None Available
Coutre Jacob $125,007 --
Chfa -- --
Department Of Housing & Urban Dev -- --
Chfa -- --
Doolittle Jacob P $202,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coutre Jacob T $147,750
Previous Owner Coutre Jacob $145,600
Previous Owner Doolittle Jacob P $198,879
Previous Owner Doolittle Jacob P $6,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $320,000 +0.3% $197 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $319,000 +155.2% $197 / Sq Ft
08/28/2017 08/28/17 Sold $125,007 +4.2% $67 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $120,000 -- $65 / 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 $4,375 $117,810 $38,220 $79,590
2024 $4,232 $120,190 $38,220 $81,970
2023 $4,154 $120,190 $38,220 $81,970
2022 $4,065 $120,190 $38,220 $81,970
2021 $4,038 $120,190 $38,220 $81,970
2020 $3,826 $109,410 $40,320 $69,090
2019 $3,966 $113,120 $40,320 $72,800
2018 $3,879 $113,120 $40,320 $72,800
2017 $3,681 $113,120 $40,320 $72,800
2016 $3,609 $113,120 $40,320 $72,800
2015 $3,439 $113,120 $40,320 $72,800
2014 -- $119,140 $42,490 $76,650
Source: Public Records

Agents Affiliated with this Home

  • Joseph Malerba

    Seller's Agent in 2023

    Joseph Malerba

    eXp Realty

    (860) 912-7315

    2 in this area

    248 Total Sales

    Joseph Malerba
    Section Image
  • Kamil Andrukiewicz

    Buyer's Agent in 2023

    Kamil Andrukiewicz

    New Haus Group LLC

    (860) 402-8517

    1 in this area

    465 Total Sales

    Kamil Andrukiewicz
    Section Image
  • Jonathan Gineo

    Seller's Agent in 2017

    Jonathan Gineo

    Silver and Oak Realty

    (860) 372-4666

    255 Total Sales

    Jonathan Gineo
    Section Image
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Map

Source: SmartMLS

MLS Number: 170557548

SmartMLS

APN: LEDY-000107-002120-001581

Connecticut New London County Gales Ferry 06335 Gales Ferry

1581 Route 12, Gales Ferry, CT

This home is located at 1581 Route 12, Gales Ferry, CT 06335 since 21 March 2023 and is currently estimated at $369,821, approximately $228 per square foot. This property was built in 1942. 1581 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.

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