NOT LISTED FOR SALE

202 Ocean Ave New London, CT 06320

Willetts Neighborhood

Estimated Value: $400,000 - $468,000

4 Beds
4 Baths
3,447 Sq Ft
$124/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $240,500 $70 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,939/month

178 Days on Market

Highlights

  • 0.34 Acre Lot
  • Attic
  • 3 Car Detached Garage
  • Deck
  • No HOA
  • Baseboard Heating

About This Home

As of February 2020

Great opportunity with this large 3 Family. Two, 1 bedroom apartments on first floor and One, 2 bedroom/2 bath unit located on second floor plus a walk-up attic for storage or possible expansion. The building has been updated with vinyl siding and replacement windows and roof within approx. 8 years.
Heating systems converted to Electric baseboard heat in each unit and separate electric water heaters. 3 car garage is currently rented to unit 1.
Located near EB New London and L&M Hospital. Great owner occupied or investor purchase. Square Footage includes 643 in attic, per town records, this space is not currently livable space but good potential for extra space, condition of heat in attic unknown.
Parking for approx. 5+ cars, not including garage units. Most photos represented here are from previous listing, 3 years ago.
Large 1/3 acre lot.

Last Agent to Sell the Property

Charene Clark

Coldwell Banker Realty License #RES.0122440 Listed on: 07/23/2019

Coldwell Banker Realty

Last Buyer's Agent

Dayna Shliger

Coldwell Banker Realty License #RES.0777013

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,220

Year Built

  • Built in 1900

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,447 Sq Ft Home
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway
  • Shared Basement

Parking

  • 3 Car Detached Garage
  • Parking Deck
  • Shared Driveway
  • Dirt Driveway

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $2,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,220

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: 3447
  • Public Record Living Room Sq Ft: 3447
  • Total Sq Ft: 3447
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5980
  • Directions: Bank St to Ocean or Willets to Ocean, building on left.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Walk-up
  • Basement Description: Full, Shared Basement, Hatchway Access
  • Attic: Yes
  • Street Number Modifier: 202

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Shared, Dirt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.3400
  • Lot Description: Level Lot
  • Zoning: R-2

Multi Family

  • Gross Annual Income: 2725
  • Unit Count: 3
  • Total Multi Family: 10
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 6220
  • Total Assessed Value: 155890
  • Mil Rate Base: 39.900
  • Mil Rate Total: 39.900
  • Assessor Parcel Number: 1998935

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Ganoza Marcos F
Bought by
Solimine Jonna and Solimine Richard R
Current Estimated Value
$427,012

Purchase Details

Closed on
Mar 14, 2024
Sold by
Solimine Richard R
Bought by
Ganoza Marcos F

Purchase Details

Listed on
Jul 23, 2019
Closed on
Feb 19, 2020
Sold by
Cappys Llc
Bought by
Solimine Jonna and Solimine Richard R
Seller's Agent
Charene Clark
Coldwell Banker Realty
Buyer's Agent
Dayna Shliger
Coldwell Banker Realty
List Price
$259,000
Sold Price
$240,500
Premium/Discount to List
-$18,500
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$180,375
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jun 17, 2016
Sold by
Petrone John W
Bought by
Cappys Llc
Seller's Agent
Ann Carpenter
RE/MAX on the Bay
Buyer's Agent
Charene Clark
Coldwell Banker Realty
List Price
$239,900
Sold Price
$222,500
Premium/Discount to List
-$17,400
-7.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$172,600
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2012
Sold by
Sullivan Erin M
Bought by
Petrone John W

Purchase Details

Closed on
Nov 23, 2011
Sold by
Uemura Yumiko
Bought by
Petrone John W and Sullivan Erin M

Purchase Details

Closed on
Jan 4, 2005
Sold by
Spinnato Joseph and Spinnato Evelyn
Bought by
Vemura Yumiko

Purchase Details

Closed on
Apr 1, 1987
Sold by
Lane Edward M
Bought by
Fletcher Walter
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
Solimine Jonna -- None Available
Solimine Jonna -- None Available
Solimine Jonna -- None Available
Ganoza Marcos F $15,000 None Available
Ganoza Marcos F $15,000 None Available
Ganoza Marcos F $15,000 None Available
Solimine Jonna $240,500 None Available
Solimine Jonna $240,500 None Available
Cappys Llc $222,500 --
Cappys Llc $222,500 --
Petrone John W -- --
Petrone John W -- --
Petrone John W $100,000 --
Petrone John W $100,000 --
Vemura Yumiko $275,000 --
Vemura Yumiko $275,000 --
Fletcher Walter $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solimine Jonna $180,375
Previous Owner Fletcher Walter $172,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $240,500 -3.4% $70 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
10/26/2019 10/26/19 Price Changed $249,000 -3.9% $72 / Sq Ft
07/23/2019 07/23/19 For Sale $259,000 +16.4% $75 / Sq Ft
06/16/2016 06/16/16 Sold $222,500 -7.3% $65 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $239,900 -- $70 / 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 $6,966 $256,100 $42,600 $213,500
2024 $7,134 $259,400 $45,900 $213,500
2023 $5,899 $158,410 $36,750 $121,660
2022 $5,910 $158,410 $36,750 $121,660
2021 $6,012 $158,410 $36,750 $121,660
2020 $6,050 $158,410 $36,750 $121,660
2019 $6,220 $155,890 $36,750 $119,140
2018 $4,908 $112,210 $35,350 $76,860
2017 $4,966 $112,210 $35,350 $76,860
2016 $4,540 $112,210 $35,350 $76,860
2015 $4,431 $112,210 $35,350 $76,860
2014 $3,845 $112,210 $35,350 $76,860
Source: Public Records

Agents Affiliated with this Home

  • Charene Clark

    Seller's Agent in 2020

    Charene Clark

    Coldwell Banker Realty

    (860) 391-4321

    6 in this area

    94 Total Sales

    Section Image
  • Dayna Shliger

    Buyer's Agent in 2020

    Dayna Shliger

    Coldwell Banker Realty

    (203) 648-8873

    45 Total Sales

    Section Image
  • Ann Carpenter

    Seller's Agent in 2016

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    3 in this area

    273 Total Sales

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Map

Source: SmartMLS

MLS Number: 170218183

SmartMLS

APN: NLON-000023-000085-000030

Connecticut New London County New London 06320 Willetts

202 Ocean Ave, New London, CT

This home is located at 202 Ocean Ave, New London, CT 06320 since 23 July 2019 and is currently estimated at $427,012, approximately $123 per square foot. This property was built in 1900. 202 Ocean Ave is a home located in New London County with nearby schools including Harbor Elementary School, Bennie Dover Jackson Middle School, and New London High School.

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.

SmartMLS 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.

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