Seller's Agent in 2019
John Troland
William Raveis Real Estate
(860) 753-1661
3 in this area
89 Total Sales
19 Alger St New London, CT 06320
Willetts NeighborhoodEstimated Value: $285,065 - $416,000
5
Beds
3
Baths
2,890
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- City View
- Property is near public transit
- Attic
- Deck
- Finished Attic
- 5-minute walk to Caulkins Park
About This Home
As of July 2019A wonderful opportunity to own a spacious two-family investment property. Two fully leased units, with separate utilities for each, this home has positive cash flow for a new owner to take advantage of. The first floor unit has two bedrooms, updated kitchens and baths with tile/granite, living room space, hardwood floors, and an additional room that can be used as an office or toddler room. The second floor unit is updated as well, with three bedrooms, a full bath, and hardwood floors. The second floor unit also expands into the finished attic space, where there is a second bathroom and additional living space. Separate oil furnaces, gas hot water heaters, electrical services, and washer/dryer hook ups for each unit. Current rents are $1000 and $1050 per month respectively, which can easily be increased in time. Great location, just a short walk to L&M Hospital, Electric Boat, and Mitchell College.
Last Agent to Sell the Property
William Raveis Real Estate License #RES.0793858 Listed on: 02/11/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,483
Year Built
- Built in 1915
Lot Details
- 7,841 Sq Ft Lot
- Sloped Lot
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,890 Sq Ft Home
- Thermal Windows
- City Views
- Basement Fills Entire Space Under The House
- Finished Attic
Parking
- 1 Car Detached Garage
- Parking Deck
- Shared Driveway
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near a bus stop
Utilities
- Heating System Uses Steam
- Heating System Uses Oil
- Fuel Tank Located in Basement
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2019
Closed on
Jul 10, 2019
Sold by
Taylor John and Taylor Kathy M
Bought by
Lyon Jason
Seller's Agent
John Troland
William Raveis Real Estate
Buyer's Agent
Jon Arruda
William Pitt Sotheby's Int'l
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,516
Avg. Annual Appreciation
10.58%
Original Mortgage
$131,250
Outstanding Balance
$115,662
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$209,796
Purchase Details
Closed on
Jan 16, 2015
Sold by
Taylor John
Bought by
Taylor John and Taylor Kathy M
Purchase Details
Listed on
Nov 14, 2013
Closed on
Jul 25, 2014
Sold by
Fontoura Flavia
Bought by
Taylor John
Seller's Agent
Thomas Sheldon
Signature Properties of NewEng
Buyer's Agent
Anna Fahy
CT Town & Country Realty LLC
List Price
$182,900
Sold Price
$135,000
Premium/Discount to List
-$47,900
-26.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Purchase Details
Closed on
Sep 3, 2004
Sold by
Santangelo Stephen
Bought by
Fontoura Flavia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,700
Interest Rate
6.01%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lyon Jason | $175,000 | -- | |
| Lyon Jason | $175,000 | -- | |
| Taylor John | -- | -- | |
| Taylor John | -- | -- | |
| Taylor John | $135,000 | -- | |
| Taylor John | $135,000 | -- | |
| Fontoura Flavia | $210,000 | -- | |
| Fontoura Flavia | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lyon Jason | $131,250 | |
| Closed | Lyon Jason | $131,250 | |
| Previous Owner | Fontoura Flavia | $179,647 | |
| Previous Owner | Fontoura Flavia | $206,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2019 07/12/19 | Sold | $175,000 | -5.4% | $61 / Sq Ft |
| 03/20/2019 03/20/19 | Price Changed | $184,900 | -2.6% | $64 / Sq Ft |
| 02/11/2019 02/11/19 | For Sale | $189,900 | 0.0% | $66 / Sq Ft |
| 10/08/2014 10/08/14 | Rented | $1,050 | 0.0% | -- |
| 10/03/2014 10/03/14 | Under Contract | -- | -- | -- |
| 08/19/2014 08/19/14 | For Rent | $1,050 | 0.0% | -- |
| 07/25/2014 07/25/14 | Sold | $135,000 | -26.2% | $58 / Sq Ft |
| 04/08/2014 04/08/14 | Pending | -- | -- | -- |
| 11/14/2013 11/14/13 | For Sale | $182,900 | 0.0% | $79 / Sq Ft |
| 01/06/2012 01/06/12 | Rented | $1,050 | +10.5% | -- |
| 01/06/2012 01/06/12 | Under Contract | -- | -- | -- |
| 11/11/2011 11/11/11 | For Rent | $950 | -- | -- |
Source: SmartMLS
Tax History Compared to Growth
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 | $4,695 | $172,600 | $41,500 | $131,100 |
| 2024 | $4,747 | $172,600 | $41,500 | $131,100 |
| 2023 | $4,299 | $115,430 | $33,180 | $82,250 |
| 2022 | $4,307 | $115,430 | $33,180 | $82,250 |
| 2021 | $4,381 | $115,430 | $33,180 | $82,250 |
| 2020 | $4,408 | $115,430 | $33,180 | $82,250 |
| 2019 | $4,483 | $112,350 | $33,180 | $79,170 |
| 2018 | $4,198 | $95,970 | $31,920 | $64,050 |
| 2017 | $4,248 | $95,970 | $31,920 | $64,050 |
| 2016 | $3,883 | $95,970 | $31,920 | $64,050 |
| 2015 | $3,790 | $95,970 | $31,920 | $64,050 |
| 2014 | $3,289 | $95,970 | $31,920 | $64,050 |
Source: Public Records
Agents Affiliated with this Home
-
John Troland
-
Jon Arruda
Buyer's Agent in 2019
Jon Arruda
William Pitt
(860) 536-5900
1 in this area
160 Total Sales
-
A
Seller's Agent in 2014
Anna Fahy
CT Town & Country Realty LLC
-
T
Seller's Agent in 2014
Thomas Sheldon
Signature Properties of NewEng
-
Kimberly Veronesi
Buyer's Agent in 2014
Kimberly Veronesi
Coldwell Banker Realty
(860) 214-4076
36 Total Sales
Map
Source: SmartMLS
MLS Number: 170163181
APN: NLON-000019-000077-000003
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 75 Willetts Ave
- 142 Montauk Ave
- 100 Pequot Ave Unit 3530
- 188 Shaw St
- 48 Moore Ave
- 77 Squire St
- 82 Sunset St Unit 71
- 184 Pequot Ave Unit 104
- 209 Pequot Ave
- 78 School St
- 35 Menghi St
- 2 Faye St
- 82 Longview St Unit 34
- 82 Longview St Unit 15
- 11 Colman St
- 19 Summer St
- 292 Pequot Ave Unit 4L
- 546 Ocean Ave
- 214 Thames St
- 461 Bank St Unit 407