NOT LISTED FOR SALE

Estimated Value: $278,264 - $446,000

5 Beds
2 Baths
2,478 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 10, 2013

Last sale price $86,000 $35 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $2,356/month

11 Days on Market

Highlights

  • Attic
  • Baseboard Heating
  • Level Lot

About This Home

As of January 2013

Investor alert! Opportunity to build equity with this two family home in need of some repairs.

Last Listed By

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 11/30/2012

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,870

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Cedar Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Parking

  • 2 Parking Spaces
  • Dirt Driveway
  • Off-Street Parking

Schools

  • Pboe Elementary School
  • Pboe Middle School
  • Pboe High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,870

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available
  • Attic: Yes
  • Stories Number Of: 2
  • Street Number Modifier: 17

Exterior Features

  • Exterior Siding: Cedar

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Dirt
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Pboe
  • High School: Pboe
  • Intermediate School: Pboe

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Multi Family

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

Tax Info

  • Total Assessed Value: 128380
  • Assessor Parcel Number: 1999307

MLS Schools

  • Elementary School: Pboe
  • High School: Pboe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2013
Sold by
Rusi Ferdinand and Rusi Elida
Bought by
Benitez Anderson M
Total Days on Market
11
Current Estimated Value
$348,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 30, 2012
Closed on
Jan 11, 2013
Sold by
Bank New York Mellon T
Bought by
Rusi Ferdinand and Rusi Elida
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$64,900
Sold Price
$86,000
Premium/Discount to List
$21,100
32.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%

Purchase Details

Listed on
Nov 30, 2012
Closed on
Dec 3, 2012
Sold by
Wood Jennifer M
Bought by
Bank Of New York Mello
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$64,900
Sold Price
$86,000
Premium/Discount to List
$21,100
32.51%

Purchase Details

Closed on
Sep 8, 2003
Sold by
Wood Richard
Bought by
Wood Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,219
Interest Rate
6.02%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in New London, CT

  • 69 West St, New London, CT 06320

    $295,000

    • 5 Beds
    • 2.5 Baths
    • 1,958 Sq Ft
    • 69 West St
    • New London, CT

    ** OFFER DEADLINE 4/30/25 at 9AM ** This charming multifamily home offers two spacious units, perfect for extended family living or passive rental income. The first unit features 2 bedrooms and 1 bathroom on the first floor, while the second unit features 3 bedrooms and 1.5 baths on the second and third floors. There is convenient on-street and off-street parking available, and a private

    Stephanie Rush RE/MAX Legends

    Section Image
  • 77 Colman St, New London, CT 06320

    $349,900

    • 7 Beds
    • 3 Baths
    • 1,862 Sq Ft
    • 77 Colman St
    • New London, CT

    Great Investment Two Three Bedroom Units and One Bedroom unit on lower level. One unit is occupied.

    Ronald Forcier Century 21 AllPoints Realty

    Section Image
  • 4 Tinker Ct, New London, CT 06320

    $340,000

    • 6 Beds
    • 2 Baths
    • 2,340 Sq Ft
    • 4 Tinker Ct
    • New London, CT

    Don't miss this fantastic opportunity to own a multi-family property in the heart of New London! Located on at 4 Tinker Court offers solid rental potential with multiple units, off-street parking, and convenient access to schools, shopping, and highways. Unit A offer 4 bedrooms and Unit B offers 2 bedrooms. Whether you're an investor or looking to live in one unit and rent the others, this is a

    Cathy Gonyo RE/MAX Legends

    Section Image
  • 48 Moore Ave, New London, CT 06320

    $389,000

    • 5 Beds
    • 3 Baths
    • 2,074 Sq Ft
    • 48 Moore Ave
    • New London, CT

    Two family home in New London with easy access to Electric Boat, L+M Hospital, beaches, and the downtown. Downstairs unit with two bedrooms and one full bath. Upstairs unit with three bedrooms and two full baths. Spacious living areas. Each unit has its own covered porch. Separate utilities for each, and separate hookups for washer and dryer in the large walk-out basement. 2-car garage and

    Oscar Barrera William Raveis Real Estate

    Section Image
  • 26 Connecticut Ave, New London, CT 06320

    $299,900

    • 5 Beds
    • 2 Baths
    • 1,776 Sq Ft
    • 26 Connecticut Ave
    • New London, CT

    Presenting a wonderful opportunity for both savvy investors and owner-occupants alike with this 2 family style property. The standout second-floor unit has been thoughtfully remodeled. Step into a sunlit living space featuring an inviting layout that includes a living room, formal dining area, three generously sized bedrooms, and a partially finished attic perfect for added flexibility or

    Jonathan Gineo Silver and Oak Realty

    Section Image
  • 25 W Coit St, New London, CT 06320

    $289,900

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft
    • 25 W Coit St
    • New London, CT

    Recently renovated duplex offering a fantastic investment opportunity for first-time homeowners or savvy investors. This beautifully maintained property features two separate units, making it ideal for owner-occupancy with the added benefit of rental income. There is a 2 bed, 1 bath on the first floor and a 2 bed, 1.5 bath on the second floor. Both units feature modern kitchens and fresh

    Reign Kinseley Alpha Capital Realty, LLC

    Section Image
  • 236 Willetts Ave, New London, CT 06320

    $415,000

    • 7 Beds
    • 2.5 Baths
    • 2,625 Sq Ft
    • 236 Willetts Ave
    • New London, CT

    Welcome to 236 Willetts Ave, a beautifully updated multi-family home located just minutes from the scenic Ocean Beach Park in New London, CT. This spacious 2,650-square-foot property features 7 bedrooms, 2.5 bathrooms, 1 Car Garage and a finished attic, offering ample space and flexibility for a variety of living arrangements. Recently updated, this home combines modern upgrades with classic

    Amaurys Valdera Brokerbe Inc.

    Section Image
  • 7 Griswold Ct, New London, CT 06320

    $339,900

    • 6 Beds
    • 3 Baths
    • 2,040 Sq Ft
    • 7 Griswold Ct
    • New London, CT

    Nice opportunity for investor or owner occupied! Multi-family with 3 units all nicely updated within the past 5 years. Easy to maintain and manage, each unit has individual electricity as a heat source. Water/sewer is absorbed by the owner/landlord. This building will convey with 6 Griswold Ct. parcel across from the house. This offers off street tenant parking, a nice bonus in New London. This

    Mary Poola William Raveis Real Estate

    Section Image
  • 19 Prospect St, New London, CT 06320

    $430,000

    • 4 Beds
    • 2 Baths
    • 2,302 Sq Ft
    • 19 Prospect St
    • New London, CT

    This 2 family home oozes with charm at every turn. 4 fireplaces including one with a wood stove insert. The decor pays homage to a bygone era without feeling ancient. Separate gas heat and separate electric. The back yard is an urban garden that takes you away to another place while being within walking distance to downtown in the Post Hill Historical District on a one way street. This is truly a

    Leo Chomen Signature Properties of NewEng

    Section Image

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
Benitez Anderson M $220,000 --
Rusi Ferdinand $86,000 --
Bank Of New York Mello -- --
Wood Jennifer $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benitez Anderson M $210,000
Closed Wood Richard $216,015
Previous Owner Wood Richard $211,500
Previous Owner Wood Richard $177,219
Previous Owner Wood Richard $125,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2013 01/10/13 Sold $86,000 +32.5% $35 / Sq Ft
12/11/2012 12/11/12 Pending -- -- --
11/30/2012 11/30/12 For Sale $64,900 -- $26 / 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
2024 $4,870 $177,100 $40,900 $136,200
2023 $4,373 $117,420 $32,720 $84,700
2022 $4,381 $117,420 $32,720 $84,700
2021 $4,456 $117,420 $32,720 $84,700
2020 $4,483 $117,390 $32,690 $84,700
2019 $4,684 $117,390 $32,690 $84,700
2018 $3,996 $91,350 $31,430 $59,920
2017 $4,043 $91,350 $31,430 $59,920
2016 $3,696 $91,350 $31,430 $59,920
2015 $3,607 $91,350 $31,430 $59,920
2014 $3,131 $91,350 $31,430 $59,920
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: E262668

SmartMLS

APN: NLON-000025-000118-000112