NOT LISTED FOR SALE

Estimated Value: $277,000 - $363,000

4 Beds
4 Baths
2,698 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $144,000 $53 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,154/month

13 Days on Market

Highlights

  • No HOA
  • Garden
  • Storm Doors
  • Porch
  • Heating System Uses Steam
  • Concrete Flooring

About This Home

As of June 2016

Large 2 family - 2BR/2BA each unit. Walk-up attic - partially finished. Currently not used, but potential expansion on 2nd floor. Separate utilities, oil heat, gas cooking, 2 laundry hook-ups, off-street parking, level lot. Updates include roof, gutters, electric & baths. Second floor unit occupied on a month-to-month basis.

Last Agent to Sell the Property

Lu-Ann Perkins

RE/MAX on the Bay License #REB.0794708 Listed on: 04/11/2016

RE/MAX on the Bay

Last Buyer's Agent

Bette Giesing

IMT Realty License #RES.0792093

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,737

Year Built

  • Built in 1930

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,698 Sq Ft Home
  • 3-Story Property
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Storm Doors

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

  • Pboe Elementary School
  • New London High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,737

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Total Sq Ft: 2698
  • Year Built: 1930
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Willets to Beckwith to Gorton St or Ocean Ave to Gorton St., New London
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Description: Concrete Floor, Full
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Stories Number Of: 3
  • Street Number Modifier: 19

Exterior Features

  • Exterior Features: Garden Area, Porch
  • Exterior Siding: Shingle, Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt, Paved
  • Total Parking Spaces: 4

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: New London

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.2200
  • Lot Description: Level Lot
  • Flood Zone: No

Rental Info

  • Landlord Responsibility: Real Estate Taxes, Water
  • Lease Purchase: No

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3737
  • Total Assessed Value: 94640
  • Mil Rate Total: 39.490
  • Assessor Parcel Number: 1999044

MLS Schools

  • Elementary School: PBOE
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 30, 2016
Sold by
Douglas Arnetia
Bought by
Alvarez Rossana
Seller's Agent
Lu-Ann Perkins
RE/MAX on the Bay
Buyer's Agent
Bette Giesing
IMT Realty
List Price
$149,900
Sold Price
$144,000
Premium/Discount to List
-$5,900
-3.94%
Current Estimated Value
$322,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,722
Avg. Annual Appreciation
9.33%
Original Mortgage
$107,250
Outstanding Balance
$86,078
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$236,644

Purchase Details

Listed on
Sep 28, 2011
Closed on
Feb 21, 2012
Sold by
Gutierrez Angel O and Gutierrez Ramonita
Bought by
Douglas Arnetia
Seller's Agent
Carol Pezzolesi
Compass Connecticut, LLC
Buyer's Agent
Lu-Ann Perkins
RE/MAX on the Bay
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$143,588
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 1997
Sold by
Kirsc Pearl Lubchansky
Bought by
Gutierrez Angel O and Gutierrez Ramonita
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
Alvarez Rossana $144,000 --
Alvarez Rossana $144,000 --
Douglas Arnetia $125,000 --
Douglas Arnetia $125,000 --
Gutierrez Angel O $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Angel O $107,250
Closed Gutierrez Angel O $107,250
Previous Owner Gutierrez Angel O $143,588
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $144,000 -3.9% $53 / Sq Ft
04/24/2016 04/24/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $149,900 +19.9% $56 / Sq Ft
02/17/2012 02/17/12 Sold $125,000 -10.7% $38 / Sq Ft
10/27/2011 10/27/11 Pending -- -- --
09/28/2011 09/28/11 For Sale $139,900 -- $42 / 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 $4,393 $161,500 $42,600 $118,900
2024 $4,441 $161,500 $42,600 $118,900
2023 $4,116 $110,530 $34,090 $76,440
2022 $4,124 $110,530 $34,090 $76,440
2021 $4,195 $110,530 $34,090 $76,440
2020 $4,221 $110,530 $34,090 $76,440
2019 $4,410 $110,530 $34,090 $76,440
2018 $4,140 $94,640 $32,760 $61,880
2017 $4,189 $94,640 $32,760 $61,880
2016 $3,829 $94,640 $32,760 $61,880
2015 $3,737 $94,640 $32,760 $61,880
2014 $3,243 $94,640 $32,760 $61,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10124444

SmartMLS

APN: NLON-000023-000097-000032