NOT LISTED FOR SALE

Estimated Value: $292,000 - $503,911

7 Beds
3.5 Baths
3,432 Sq Ft
$111/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $181,000 $53 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,472/month

3 Days on Market

Highlights

  • In Ground Pool
  • Property is near public transit
  • 1 Car Detached Garage
  • Deck
  • No HOA
  • 4-minute walk to Fort Trumbull State Park and Museum

About This Home

As of February 2022

Great investment opportunity! This is listed by town as a 3 family. Currently it is being rented as a 2 family. Both units are occupied. 1st floor is month to month and has 3 beds and 1 ½ baths. 2nd & 3rd floor has long term tenants with great rental history. 2nd floor has 2 bedrooms and a 3rd room being used as bedroom with 1 full bath and smaller 3rd floor has 2 bedrooms and 1 full Bath. All utilities are paid by tenants except water with separate Furnaces, Hot Water, Gas & Electric meters. Laundry Rooms in both Units. Off street parking for tenants on upper floors and a detached 1 car garage for storage. *SHOWINGS will only be available Sunday Dec 19, 11-1pm. (The next showings will be after Christmas).
Will not pass government loan (FHA or VA).

Last Agent to Sell the Property

Tony Walstra

William Pitt Sotheby's Int'l License #RES.0800310 Listed on: 12/17/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Aulay Carlson

Shore & Country Real Estate License #REB.0793575

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,787

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Interior Spaces

  • 3,432 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck

Location

  • Property is near public transit

Schools

  • New London High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Gas Available at Street

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,787

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3432
  • Public Record Living Room Sq Ft: 3432
  • Total Sq Ft: 3432
  • Year Built: 1900
  • Nearby Amenities: Medical Facilities, Playground/Tot Lot, Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5540
  • Directions: Take Mantuak Ave from New London. Home is located on right 1 building away from Corner of Willets Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Description: Full
  • Laundry Room Location: In Both Units
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Pool: In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, Off Street Parking
  • Garages Number: 1
  • Driveway Type: Cement

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Gas In Street
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot
  • Zoning: MF

Multi Family

  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4787
  • Mil Rate Base: 37.950
  • Assessor Parcel Number: 1998951

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Jan 26, 2022
Sold by
Domenico Llc
Bought by
Waite Perry D
Seller's Agent
Tony Walstra
William Pitt Sotheby's Int'l
Buyer's Agent
Aulay Carlson
Shore & Country Real Estate
List Price
$225,000
Sold Price
$181,000
Premium/Discount to List
-$44,000
-19.56%
Current Estimated Value
$381,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,728
Avg. Annual Appreciation
21.57%
Original Mortgage
$135,750
Outstanding Balance
$108,245
Interest Rate
2.77%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$273,483

Purchase Details

Closed on
Sep 14, 2004
Sold by
Beltran Robert
Bought by
Hernandez Adriano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.08%

Purchase Details

Closed on
May 1, 2002
Sold by
Kang David
Bought by
Beltran Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,800
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Waite Perry D -- None Available
Waite Perry D -- None Available
Waite Perry D -- None Available
Hernandez Adriano $275,000 --
Hernandez Adriano $275,000 --
Beltran Robert $143,000 --
Beltran Robert $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waite Perry D $135,750
Closed Waite Perry D $135,750
Previous Owner Beltran Robert $220,000
Previous Owner Beltran Robert $141,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $181,000 0.0% $53 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/19/2021 12/19/21 Off Market $181,000 -- --
12/17/2021 12/17/21 For Sale $225,000 -- $66 / 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 $5,641 $207,400 $40,500 $166,900
2024 $5,704 $207,400 $40,500 $166,900
2023 $4,697 $126,140 $32,410 $93,730
2022 $4,706 $126,140 $32,410 $93,730
2021 $4,787 $126,140 $32,410 $93,730
2020 $4,817 $126,140 $32,410 $93,730
2019 $5,033 $126,140 $32,410 $93,730
2018 $4,005 $91,560 $31,150 $60,410
2017 $4,052 $91,560 $31,150 $60,410
2016 $3,705 $91,560 $31,150 $60,410
2015 $3,616 $91,560 $31,150 $60,410
2014 $3,138 $91,560 $31,150 $60,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170456918

SmartMLS

APN: NLON-000023-000094-000015