NOT LISTED FOR SALE

192 Shaw St New London, CT 06320

Estimated Value: $318,930 - $384,000

6 Beds
3 Baths
2,526 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $200,000 $79 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,296/month

51 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Baseboard Heating
  • Attic
  • Public Transportation
  • 1-minute walk to Fort Trumbull State Park and Museum

About This Home

As of September 2020

Well maintained 3 family close to the former Pfizer (now EB) complex. All three apartments have been recently updated and stainless appliances have been added to the 3rd floor owner occupied unit, which will be available upon closing. This is a fantastic owner occupant situation with great rental rates and wonderful tenants. 1st and 2nd floor units have washer and dryer hookups. Cute little yard in the back with plenty of off street parking. Current gross rental income is $28,620 a year, however if you rented out the 3rd floor instead of occupying it, this property could potentially gross $38,820 a year.

Last Agent to Sell the Property

Sylvia Little

Real Broker CT, LLC License #RES.0796868 Listed on: 07/19/2020

Real Broker CT, LLC

Last Buyer's Agent

Anthony Revoir

RE/MAX One License #REB.0791557

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,412

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,526 Sq Ft Home
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a bus stop

Schools

  • New London High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $28,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,412

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Fort Trumbull
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2526
  • Public Record Living Room Sq Ft: 2526
  • Total Sq Ft: 2526
  • Year Built: 1900
  • Nearby Amenities: Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3720
  • Directions: Bank St to Howard St to Shaw St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Full, Full With Walk-Out, Unfinished, Concrete Floor
  • Laundry Room Location: 3rd floor hooks up to bathroom sink
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: Yes
  • Street Number Modifier: 192

Exterior Features

  • Exterior Features: Gutters
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Unassigned Parking, Off Street Parking
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2800
  • Lot Description: Level Lot
  • Flood Zone: Yes
  • Zoning: R2

Multi Family

  • Gross Annual Income: 28620
  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4412
  • Total Assessed Value: 112000
  • Mil Rate Base: 38.190
  • Mil Rate Tax District: 1.200
  • Mil Rate Total: 39.390
  • Assessor Parcel Number: 1998783

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2020
Closed on
Sep 25, 2020
Sold by
Alvarez Farala I
Bought by
Fixit 22 Llc
Seller's Agent
Sylvia Little
Real Broker CT, LLC
Buyer's Agent
Anthony Revoir
RE/MAX One
List Price
$257,000
Sold Price
$200,000
Premium/Discount to List
-$57,000
-22.18%
Current Estimated Value
$353,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,733
Avg. Annual Appreciation
12.00%

Purchase Details

Listed on
Oct 7, 2011
Closed on
Oct 26, 2017
Sold by
192 Shaw Street Llc
Bought by
Alvarez Farala I
Seller's Agent
Wayne Wildermuth
Lombardi Realty, LLC
Buyer's Agent
Sylvia Little
Real Broker CT, LLC
List Price
$174,000
Sold Price
$125,000
Premium/Discount to List
-$49,000
-28.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%
Original Mortgage
$122,735
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2008
Sold by
Us Bank Na
Bought by
Collins Cynthia

Purchase Details

Closed on
Dec 20, 2004
Sold by
Reininger Stuart
Bought by
Martinez Rudulfo

Purchase Details

Closed on
Dec 11, 2001
Sold by
Holmes Genious
Bought by
Mclaughlin Llc
Source: Public Records

Range of Values:

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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
Fixit 22 Llc $205,000 None Available
Fixit 22 Llc $205,000 None Available
Alvarez Farala I $125,000 --
Alvarez Farala I $125,000 --
Collins Cynthia $96,000 --
Collins Cynthia $96,000 --
Martinez Rudulfo $180,000 --
Martinez Rudulfo $180,000 --
Mclaughlin Llc $85,000 --
Mclaughlin Llc $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Llc $122,735
Previous Owner Mclaughlin Llc $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2020 09/30/20 Sold $200,000 -16.7% $79 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/30/2020 08/30/20 Price Changed $240,000 -6.6% $95 / Sq Ft
07/19/2020 07/19/20 For Sale $257,000 +105.6% $102 / Sq Ft
10/26/2017 10/26/17 Sold $125,000 +2.5% $49 / Sq Ft View Prior Sale
09/11/2017 09/11/17 Pending -- -- --
05/18/2017 05/18/17 Price Changed $122,000 -29.9% $48 / Sq Ft
10/07/2011 10/07/11 For Sale $174,000 -- $69 / 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 $5,040 $178,800 $44,100 $134,700
2024 $5,096 $178,800 $44,100 $134,700
2023 $4,304 $112,000 $35,280 $76,720
2022 $4,308 $112,000 $35,280 $76,720
2021 $4,385 $112,000 $35,280 $76,720
2020 $4,412 $112,000 $35,280 $76,720
2019 $4,603 $112,000 $35,280 $76,720
2018 $4,591 $101,710 $33,950 $67,760
2017 $3,690 $83,370 $33,950 $49,420
2016 $3,487 $83,370 $33,950 $49,420
2015 $3,292 $83,370 $33,950 $49,420
2014 $2,857 $83,370 $33,950 $49,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170317278

SmartMLS

APN: NLON-000022-000101-000040