$383,000
SOLD SEP 14, 2012 RENTED FEB 1, 2025

188 Thames St Unit 190 Groton, CT 06340

-- Bed
-- Bath
5,000 Sq Ft
0.39 Acres

Recently Sold

$77 Per Sq Ft

14% Below List Price

227 Days on Market

Highlights

  • Attic
  • Property is near a bus stop
  • Level Lot
  • Porch
  • Garden
  • 5-minute walk to Fort Griswold Battlefield State Park

About This Home

As of September 2012

Beautiful sea captains home with additional apartment building. Total of 5 units with more possible. Main house has some views of thames and beautiful original woodwork and fireplaces. New windows and siding.
Plenty of off street parking. The interior is just a magnificent as its exterior with beautiful hardwood floors, lavish fireplaces and large mouldings. The apartments produce $3000 per month and the owner lives in the main home which offers 3000 sq. Ft of living area. This is more than income property this is a classic sea captains home with all the amenities, beautiful grounds, ample off street parking and produces great income.

Last Agent to Sell the Property

Eric Greenstein

Signature Properties of NewEng License #REB.0759024 Listed on: 09/13/2011

Last Buyer's Agent

Cristina Ballelli

William Raveis Real Estate License #RES.0785423

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,492

Year Built

  • Built in 1900

Lot Details

  • 0.39 Acre Lot
  • Level Lot
  • Garden

Home Design

  • Vinyl Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Parking

  • 10 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Per School Dist Elementary School
  • Fitch Senior High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • Property is near a bus stop

Community Details

  • 5 Units
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,492

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 5000
  • Year Built: 1900
  • Nearby Amenities: Public Trash Pickup, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: Bridge street to thames street, property on left
  • Special Features: None
  • Stories: 2

Interior Features

  • Attic Description: Storage Space
  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available
  • Attic: Yes
  • Stories Number Of: 2
  • Street Number Modifier: 188

Exterior Features

  • Exterior Features: Garden Area, Porch
  • Exterior Siding: Vinyl Siding

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt, Paved
  • Total Parking Spaces: 10

Utilities

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

Schools

  • Elementary School: Per School Dist
  • High School: Fitch Senior

Lot Info

  • Acres: 0.3900
  • Lot Description: Level Lot

Rental Info

  • Landlord Responsibility: Grounds Maintenance, Heat, Snow Removal, Trash Service
  • Lease Purchase: No

Multi Family

  • Gross Annual Income: 36000
  • Total Num Of Units: 5

Tax Info

  • Total Assessed Value: 348600
  • Assessor Parcel Number: 1949478

MLS Schools

  • Elementary School: Per School Dist
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2011
Closed on
Sep 14, 2012
Sold by
Cott Ralph V and Cott Donna C
Bought by
Mackey John N and Blake Christopher D
Seller's Agent
Eric Greenstein
Signature Properties of NewEng
Buyer's Agent
Cristina Ballelli
William Raveis Real Estate
List Price
$445,000
Sold Price
$383,000
Premium/Discount to List
-$62,000
-13.93%
Current Estimated Value
$709,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,984
Avg. Annual Appreciation
4.92%
Original Mortgage
$306,400
Outstanding Balance
$189,391
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$520,593

Purchase Details

Closed on
Jan 3, 1997
Sold by
Kuhn Herbert R
Bought by
Scott Ralph V and Scott Donna C
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 Type Sale Price Title Company
Warranty Deed $383,000 --
Warranty Deed $225,000 --
Warranty Deed $383,000 --
Warranty Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,400 New Conventional
Closed $306,400 New Conventional
Previous Owner $320,000 No Value Available
Previous Owner $210,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $2,400 0.0% --
12/30/2024 12/30/24 For Rent $2,400 +9.1% --
12/15/2022 12/15/22 Rented $2,200 +10.0% --
12/06/2022 12/06/22 Under Contract -- -- --
10/12/2022 10/12/22 For Rent $2,000 -9.1% --
05/22/2021 05/22/21 Rented $2,200 +10.0% --
05/06/2021 05/06/21 Under Contract -- -- --
04/22/2021 04/22/21 For Rent $2,000 +17.6% --
10/24/2019 10/24/19 Rented $1,700 -5.6% --
09/03/2019 09/03/19 For Rent $1,800 0.0% --
09/14/2012 09/14/12 Sold $383,000 -13.9% $77 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
09/13/2011 09/13/11 For Sale $445,000 -- $89 / 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 $12,492 $432,110 $169,225 $262,885
2024 $11,619 $432,110 $169,225 $262,885
2023 $11,148 $432,110 $56,560 $375,550
2022 $10,781 $432,110 $56,560 $375,550
2021 $10,045 $331,730 $37,730 $294,000
2020 $9,756 $331,730 $37,730 $294,000
2019 $9,444 $331,730 $37,730 $294,000
2018 $9,537 $331,730 $37,730 $294,000
2017 $9,570 $331,730 $37,730 $294,000
2016 $9,062 $333,620 $45,920 $287,700
2015 $8,947 $333,620 $45,920 $287,700
2014 $8,324 $333,620 $45,920 $287,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E252002

SmartMLS

APN: GROT-001689-001821-009609