NOT LISTED FOR SALE

177 Pequot Ave New London, CT 06320

South New London Neighborhood

Estimated Value: $498,000 - $630,000

4 Beds
3.5 Baths
3,174 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $310,000 $98 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,800/month

242 Days on Market

Highlights

  • Waterfront
  • Finished Attic
  • 2 Fireplaces
  • 0.42 Acre Lot
  • Attic
  • 1-minute walk to Green Harbor Park

About This Home

As of March 2022

Welcome to 177 Pequot Ave, a multi-family investment with a view! Built in 1860, this 3 unit property includes a 2 bedroom, 1.5 bath first floor unit, a 1 bedroom 1 bath 2nd floor unit, and a 1 bedroom 1 bath finished attic unit, all with views of the Thames River, marinas, & Green Harbor Beach. Property features include hardwood flooring throughout, large rooms, laundry hookups in 2 units, front porch & balcony, & ample yard space. Located in the Marina District, within very close proximity to Yale New Haven/L&M Hospital, Electric Boat, Mitchell College, several restaurants, public & private beaches, parks, & more!

Last Agent to Sell the Property

Geoff Smith

RE/MAX on the Bay License #REB.0792694 Listed on: 05/11/2021

RE/MAX on the Bay

Last Buyer's Agent

Geoff Smith

RE/MAX on the Bay License #REB.0792694 Listed on: 05/11/2021

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,130

Year Built

  • Built in 1860

Lot Details

  • 0.42 Acre Lot
  • Waterfront
  • Stone Wall

Home Design

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

Interior Spaces

  • 3,174 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Finished Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Exterior Lighting
  • Rain Gutters
  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $35,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,130

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Neighborhood: Green's Harbor Beach
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3174
  • Public Record Living Room Sq Ft: 3174
  • Total Sq Ft: 3174
  • Year Built: 1860
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Park, Playground/Tot Lot
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5040
  • Tax Year Updated Dt: 07/19/2021
  • Directions: From I-95: Frontage Rd exit to Colman St. Left onto Bank St, right onto Howard St, continue through 2 roundabouts (stay left, then right) and continue onto Pequot Ave. House is 2nd on right after Converse Pl. Parking in back.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Finished
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Washer/Dryer Some Units
  • Attic: Yes
  • Street Number Modifier: 177

Exterior Features

  • Exterior Features: Balcony, Gutters, Lighting, Porch, Sidewalk, Stone Wall
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Steam
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.4200
  • Lot Description: Water View
  • Zoning: R-3

Multi Family

  • Gross Annual Income: 35900
  • Net Operating Income: 6700
  • Unit Count: 3
  • Total Multi Family: 16
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 9130
  • Total Assessed Value: 240590
  • Mil Rate Base: 37.950
  • Mil Rate Total: 37.950
  • Assessor Parcel Number: 1997895

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Mar 22, 2022
Sold by
Sabe Margaret A and Walker Raul E
Bought by
Balzarini Amanda
Seller's Agent
Geoff Smith
RE/MAX on the Bay
Buyer's Agent
Geoff Smith
RE/MAX on the Bay
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Current Estimated Value
$564,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,333
Avg. Annual Appreciation
15.76%
Original Mortgage
$232,500
Outstanding Balance
$218,931
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$297,736

Purchase Details

Closed on
Dec 19, 2003
Sold by
Lewis Herbert
Bought by
Sabe Margaret and Walker Raul
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
Balzarini Amanda $810,000 None Available
Balzarini Amanda $810,000 None Available
Sabe Margaret $250,000 --
Sabe Margaret $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balzarini Amanda $232,500
Closed Balzarini Amanda $232,500
Previous Owner Sabe Margaret $208,500
Previous Owner Sabe Margaret $117,000
Previous Owner Sabe Margaret $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $310,000 -3.1% $98 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
10/22/2021 10/22/21 For Sale $319,900 +3.2% $101 / Sq Ft
08/23/2021 08/23/21 Off Market $310,000 -- --
06/29/2021 06/29/21 For Sale $319,900 0.0% $101 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $319,900 -- $101 / 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 $9,515 $349,800 $183,200 $166,600
2024 $9,620 $349,800 $183,200 $166,600
2023 $8,960 $240,590 $128,100 $112,490
2022 $8,976 $240,590 $128,100 $112,490
2021 $9,130 $240,590 $128,100 $112,490
2020 $9,188 $240,590 $128,100 $112,490
2019 $9,600 $240,590 $128,100 $112,490
2018 $8,775 $200,620 $128,100 $72,520
2017 $8,879 $200,620 $128,100 $72,520
2016 $8,117 $200,620 $128,100 $72,520
2015 $7,922 $200,620 $128,100 $72,520
2014 $6,875 $200,620 $128,100 $72,520
Source: Public Records

Agents Affiliated with this Home

  • Geoff Smith

    Seller's Agent in 2022

    Geoff Smith

    RE/MAX

    (860) 912-3209

    20 in this area

    141 Total Sales

    Geoff Smith
    Section Image
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Map

Source: SmartMLS

MLS Number: 170398149

SmartMLS

APN: NLON-000016-000067-000006

Connecticut New London County New London 06320 South New London

177 Pequot Ave, New London, CT

This home is located at 177 Pequot Ave, New London, CT 06320 since 11 May 2021 and is currently estimated at $564,333, approximately $177 per square foot. This property was built in 1860. 177 Pequot Ave is a home located in New London County with nearby schools including Harbor Elementary School, Bennie Dover Jackson Middle School, and New London High School.

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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