NOT LISTED FOR SALE

182 Gales Ferry Rd Groton, CT 06340

Estimated Value: $442,000 - $513,000

4 Beds
2 Baths
1,680 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $297,000 $177 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,022/month

5 Days on Market

Highlights

  • 0.58 Acre Lot
  • Deck
  • No HOA
  • Cape Cod Architecture
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of September 2020

Turn-key ready 1680 sq. ft Cape with 4 Bed, 2 full baths, open kitchen (stainless steel appliances)/ living room leading out to an oversized deck! Attached 2 car garage with lots of 2nd-floor storage, WIFI compatible brand-new garage doors. Just painted inside and out, to include the basement. Beautiful hardwood floors, new roof installed in 2015, built-in closets, baseboard heat with 3 zones, and NEST thermostats for increased energy efficiency. Brand NEW Weil Mclain highest efficiency oil boiler just installed! Home sits on .58 acre with a large yard/raised garden beds and lots of space for pets or kids to run. Located in a safe, newly developed neighborhood, quick walk to Farquhar Park which has tennis courts, basketball, and baseball fields. Electric hot water heater, septic and well water, washer/dryer hookup and wash sink in the basement. An updated electrical panel that has a portable generator hookup to feed the panel (no extension cords necessary!). Home is a short drive from I-95, New London Naval Base, EB, Pfizer, and both casinos, yet feels remote. Come check out your new house today!

Last Agent to Sell the Property

David White

OwnerEntry.com License #REB.0792976 Listed on: 07/18/2020

Last Buyer's Agent

Jeff Valentine

William Pitt Sotheby's Int'l License #REB.0793384

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,496

Year Built

  • Built in 1990

Lot Details

  • 0.58 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned RU-40

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Fiberglass Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck

Schools

  • Northeast Academy Elementary School
  • Fitch Middle School
  • Fitch Senior High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Power Generator
  • Private Water Source
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,496

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1680
  • Public Record Living Room Sq Ft: 1680
  • Total Sq Ft: 1680
  • Year Built: 1990
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1680
  • Directions: GPS to 182 Gales Ferry Rd
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Appliances: Oven/Range, Dishwasher
  • Attic: No
  • Street Number Modifier: 182

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Water System
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Northeast Academy
  • Middle School: Fitch
  • High School: Fitch Senior

Green Features

  • Energy Features: Generator, Storm Doors

Lot Info

  • Acres: 0.5800
  • Lot Description: Corner Lot, Level Lot
  • Zoning: RU-40

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4496
  • Total Assessed Value: 154140
  • Mil Rate Base: 25.110
  • Mil Rate Tax District: 4.060
  • Mil Rate Total: 29.170
  • Assessor Parcel Number: 1954235

MLS Schools

  • Elementary School: Northeast Academy
  • Middle Jr High School: Fitch
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Speer Carollen D
Bought by
Speer Thomas C
Current Estimated Value
$482,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,692
Outstanding Balance
$299,962
Interest Rate
6.73%
Mortgage Type
VA
Estimated Equity
$167,977

Purchase Details

Listed on
Jul 18, 2020
Closed on
Sep 8, 2020
Sold by
Wordell Sebastian J
Bought by
Cruz-Speer Thomas and Delaney-Speer Carollen
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
Jeff Valentine
William Pitt Sotheby's Int'l
List Price
$305,000
Sold Price
$297,000
Premium/Discount to List
-$8,000
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$307,692
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
May 25, 2011
Sold by
Cosmopoullos John and Cosmopoulos Jennifer
Bought by
Wordell Sebastian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,360
Interest Rate
4.94%

Purchase Details

Closed on
Jun 19, 2006
Sold by
Sprecace Adam T and Sprecace Jean L
Bought by
Cosmopoulos John and Cosmopoulos Jennifer

Purchase Details

Closed on
Sep 18, 1998
Sold by
Su Wei-Guo
Bought by
Sprecace Adam T and Sprecace Jean L
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Speer Thomas C -- None Available
Cruz-Speer Thomas $297,000 None Available
Wordell Sebastian J $244,200 --
Cosmopoulos John $305 --
Sprecace Adam T $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speer Thomas C $307,692
Previous Owner Cruz-Speer Thomas $307,692
Previous Owner Su Wei Guo $195,000
Previous Owner Su Wei Guo $195,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $297,000 -2.6% $177 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $305,000 -- $182 / 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 $5,704 $205,100 $82,061 $123,039
2024 $5,349 $205,100 $82,061 $123,039
2023 $5,154 $205,100 $29,330 $175,770
2022 $5,056 $205,100 $29,330 $175,770
2021 $4,616 $156,590 $32,550 $124,040
2020 $4,496 $154,140 $32,550 $121,590
2019 $4,308 $154,140 $32,550 $121,590
2018 $4,265 $154,140 $32,550 $121,590
2017 $4,182 $154,140 $32,550 $121,590
2016 $4,225 $167,440 $45,220 $122,220
2015 $4,094 $167,440 $45,220 $122,220
2014 $3,998 $167,440 $45,220 $122,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170317782

SmartMLS

APN: GROT-001790-001563-007340