NOT LISTED FOR SALE

2 Coit St New London, CT 06320

Downtown New London Neighborhood

Estimated Value: $211,956 - $331,000

3 Beds
3 Baths
2,268 Sq Ft
$114/Sq Ft Est. Value

Last Sold January 21, 2014

Last sale price $81,000 $36 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,644/month

95 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 3-minute walk to New London Waterfront

About This Home

As of January 2014

Freddie mac homesteps foreclosure, sold as-is. Great investment opportunity. Needs work but otherwise solid property!

Last Agent to Sell the Property

Adriana Caro

Vylla Home (CT) LLC License #RES.0791758 Listed on: 10/04/2013

Last Buyer's Agent

Dawn Thompson

William Raveis Real Estate License #REB.0789732

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 1870

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,268 Sq Ft Home
  • 3-Story Property

Partially Finished Basement

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

Parking

  • 3 Car Garage
  • Driveway
  • Off-Street Parking

Schools

  • Boe Elementary School
  • Boe High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Cable TV Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,346

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Total Sq Ft: 2268
  • Year Built: 1870
  • Property Sub Type: 3 Family
  • Directions: Huntington to jay or tilley to coit
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 3
  • Basement Description: Full With Walk-Out, Partially Finished
  • Interior Amenities: Cable - Available
  • Attic: No
  • Stories Number Of: 3

Exterior Features

  • Exterior Siding: Aluminum

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 3
  • Driveway Type: Paved
  • Total Parking Spaces: 3

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas, Oil
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.0900
  • Lot Description: Corner Lot

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Property Tax: 3346
  • Assessor Parcel Number: 2000039

MLS Schools

  • Elementary School: Boe
  • High School: Boe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2016
Sold by
New London County Real
Bought by
Mehlman Richard M and Mehlman Jill H
Current Estimated Value
$259,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,138
Outstanding Balance
$122,724
Interest Rate
3.96%
Estimated Equity
$136,515

Purchase Details

Closed on
Aug 26, 2015
Sold by
New London County Real
Bought by
Ebersole Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,400
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2015
Sold by
New London County Real
Bought by
King Marissa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,400
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2013
Closed on
Jan 23, 2014
Sold by
Fhlmc
Bought by
New London County Real
Seller's Agent
Adriana Caro
Vylla Home (CT) LLC
Buyer's Agent
Dawn Thompson
William Raveis Real Estate
List Price
$119,900
Sold Price
$81,000
Premium/Discount to List
-$38,900
-32.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Jul 17, 2013
Sold by
Wells Fargo Bank Na
Bought by
Fhlmc

Purchase Details

Closed on
Sep 9, 1996
Sold by
Harris Patricia
Bought by
Santiago Rubin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mehlman Richard M $158,000 --
Ebersole Christopher L $158,000 --
King Marissa S $138,500 --
New London County Real $81,000 --
Fhlmc -- --
Wells Fargo Bank Na -- --
Santiago Rubin $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santiago Rubin $155,138
Previous Owner Santiago Rubin $121,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2014 01/21/14 Sold $81,000 -32.4% $36 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
10/04/2013 10/04/13 For Sale $119,900 -- $53 / 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 $3,408 $125,300 $0 $125,300
2024 $3,446 $125,300 $0 $125,300
2023 $3,676 $98,700 $0 $98,700
2022 $3,826 $102,550 $0 $102,550
2021 $3,892 $102,550 $0 $102,550
2020 $3,916 $102,550 $0 $102,550
2019 $4,092 $102,550 $0 $102,550
2018 $3,573 $81,690 $0 $81,690
2017 $3,616 $81,690 $0 $81,690
2016 $3,305 $81,690 $0 $81,690
Source: Public Records

Agents Affiliated with this Home

  • Adriana Caro

    Seller's Agent in 2014

    Adriana Caro

    Vylla Home (CT) LLC

    (860) 729-1091

    10 Total Sales

    Adriana Caro
    Section Image

  • D

    Buyer's Agent in 2014

    Dawn Thompson

    William Raveis Real Estate

    Section Image
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Map

Source: SmartMLS

MLS Number: G664629

SmartMLS

APN: NLON-000013-000151-001302-F000000

Connecticut New London County New London 06320 Downtown New London

2 Coit St, New London, CT

Not Listed for Sale

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