NOT LISTED FOR SALE

Estimated Value: $145,000 - $157,063

1 Bed
1 Bath
468 Sq Ft
$542/mo HOA Fee

Last Sold April 22, 2024

Last sale price $135,000 $288 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,505/month

128 Days on Market

Highlights

  • Waterfront
  • Home Gym
  • Elevator
  • Property is near public transit
  • Exercise Course
  • 1-minute walk to Green Harbor Park

About This Home

As of April 2024

Are you tired of paying high rent? There is not much you can buy at this price point. Or maybe you're an investor looking for an affordable investment opportunity. This coinvent waterfront building is where luxury meets convenience. Heat and hot water included in HOA fee! The one bedroom unit includes an on-site theatre, a 10x10 storage unit, and a room for bike storage. It also offers a gym/fitness room and a private dock. Additionally, for those with small boats and jet skis, the option to place a mooring is available. This condo is located in close proximity to Lawrence Memorial Hospital and is located close to Electric Boat. Just a short drive to downtown New London and I-95. This waterfront 1bedroom condo combines modern luxury with an array of amenities, making it the perfect place to call home!

Last Agent to Sell the Property

Michael Fitzsimmons

The Brown Group Realty License #RES.0821575 Listed on: 10/17/2023

Last Buyer's Agent

Kevin Cahill

Puorro Realty Group License #RES.0826508

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 1962

Lot Details

  • Waterfront

HOA Fees

  • $542 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Steel Siding

Interior Spaces

  • 468 Sq Ft Home
  • Home Gym

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2511433

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, heat, water, sewer, property management
  • 41 Units
  • High-Rise Condominium
  • Property managed by US Properties

Amenities

  • Public Transportation
  • Elevator

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,749

Year Built

Built in 1962

Lot Details

0

HOA Fees

$542 per month

Listing Details

  • Neighborhood: Ocean Beach
  • Property Type: Condo/Co-Op For Sale
  • Style: Apartment, High Rise
  • Sq Ft Est Heated Above Grade: 468
  • Total Sq Ft: 468
  • Year Built: 1962
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Association Amenities: Elevator, Exercise Room/Health Club
  • Remarks Public Addendum: New HOA fee will start 3/1/24
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: Unknown
  • Unit On Floor Number: 3
  • Public Record Gross Sq Ft: 468
  • Directions: Pequot Ave to #184, brick building, before Fred Shanty's
  • Financing Used: Private
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 468
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Room Count: 1
  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: None
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Exercise Room, Gym
  • Laundry Room Location: in bathroom
  • Attic: No
  • Street Number Modifier: 184

Exterior Features

  • Exterior Siding: Other
  • Waterfront Description: Direct Waterfront Ocean Frontage Dock or Mooring
  • Swimming Pool: No
  • Construction Description: Concrete, Steel, Other

Garage/Parking

  • Garage And Parking: Parking Lot

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Water, Sewer, Property Management
  • Levels In Unit: 1
  • HOA Fees: 542
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Drew Price
  • Property Mgt Company Name: US Properties
  • Total Number of Units In Complex: Harbor Club

Schools

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

Lot Info

  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: WD
  • Parcel #: 2511433

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 41

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 1749
  • Total Assessed Value: 46970
  • Mil Rate Total: 37.24

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
Oct 17, 2023
Closed on
Apr 22, 2024
Sold by
Ocean 401 Llc
Bought by
Hubbert James
Seller's Agent
Michael Fitzsimmons
The Brown Group Realty
Buyer's Agent
Kevin Cahill
Puorro Realty Group
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%
Views
214
Current Estimated Value
$152,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,266
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Mar 30, 2020
Sold by
Shaughnessy Barbara M and Shaughnessy Julia M
Bought by
Ocean 401 Llc

Purchase Details

Listed on
Feb 4, 2015
Closed on
Jun 22, 2015
Sold by
Zeng Saihuan
Bought by
Shaughnessy Barbara M and Shaughnessy Julia M
Seller's Agent
Ingrid Lin
Wayne Realty
Buyer's Agent
Delphine Newell
RE/MAX Bell Park Realty
List Price
$69,000
Sold Price
$69,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$55,200
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2012
Closed on
Dec 19, 2012
Sold by
Savery Eric R
Bought by
Zeng Saihuan
Seller's Agent
Christian Driscoll
Compass Connecticut, LLC
Buyer's Agent
Banglian Gao
United Realty Plus
List Price
$65,000
Sold Price
$57,000
Premium/Discount to List
-$8,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Oct 1, 2007
Sold by
Avenue 184-202 Pequot
Bought by
Savery Eric Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,950
Interest Rate
6.65%
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
Hubbert James $135,000 None Available
Hubbert James $135,000 None Available
Ocean 401 Llc $77,000 None Available
Shaughnessy Barbara M $69,000 --
Shaughnessy Barbara M $69,000 --
Zeng Saihuan $57,000 --
Zeng Saihuan $57,000 --
Savery Eric Roger $164,900 --
Savery Eric Roger $164,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Savery Eric Roger $55,200
Previous Owner Savery Eric Roger $159,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $135,000 -2.9% $288 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $139,000 +3.0% $297 / Sq Ft
12/22/2023 12/22/23 Off Market $135,000 -- --
11/16/2023 11/16/23 For Sale $139,000 +3.0% $297 / Sq Ft
11/13/2023 11/13/23 Off Market $135,000 -- --
10/24/2023 10/24/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $139,000 +101.4% $297 / Sq Ft
06/22/2015 06/22/15 Sold $69,000 0.0% $147 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $69,000 +21.1% $147 / Sq Ft
12/19/2012 12/19/12 Sold $57,000 -12.3% $122 / Sq Ft
12/08/2012 12/08/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $65,000 -- $139 / 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 $1,877 $69,000 $0 $69,000
2024 $2,024 $73,600 $0 $73,600
2023 $1,749 $46,970 $0 $46,970
2022 $1,752 $46,970 $0 $46,970
2021 $1,783 $46,970 $0 $46,970
2020 $1,794 $46,970 $0 $46,970
2019 $1,874 $46,970 $0 $46,970
2018 $1,577 $36,050 $0 $36,050
2017 $1,596 $36,050 $0 $36,050
2016 $1,459 $36,050 $0 $36,050
2015 $1,424 $36,050 $0 $36,050
2014 -- $36,050 $0 $36,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170605041

SmartMLS

APN: NLON-000016-000059-036301