NOT LISTED FOR SALE

Estimated Value: $378,000 - $421,000

10 Beds
3 Baths
3,096 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $345,000 $111 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,777/month

2 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding
  • Porch
  • Level Lot
  • 1-minute walk to Bartlett Courts Park

About This Home

As of September 2022

Looking for extra income?! Don't miss out on this great investment opportunity to own a 3 unit multi family home in the heart of New London. Three units, each with 3 bedrooms and 1 full bath (unit 3 has 4 bedrooms). New roof and vinyl siding (2020) Easy access to major highways, shopping, food....... A must see!

Last Agent to Sell the Property

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 07/15/2022

William Raveis Real Estate

Co-Listed By

Suzanne Szupiany

Coldwell Banker Realty License #RES.0801626

Last Buyer's Agent

Willie Hoyt

eXp Realty License #RES.0766310

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 3,096 Sq Ft Home
  • Basement Hatchway

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Schools

  • New London High School

Additional Features

  • Porch
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,680

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3096
  • Public Record Living Room Sq Ft: 3096
  • Total Sq Ft: 3096
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5138
  • Tax Year Updated Dt: 08/01/2022
  • Directions: Broad Street - near Dunkin Donuts
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Hatchway Access
  • Attic: No
  • Street Number Modifier: 203

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • 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: 0.1900
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: Multi

Multi Family

  • Unit Count: 3
  • Total Multi Family: 16
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4680
  • Total Assessed Value: 125440
  • Mil Rate Base: 37.310
  • Mil Rate Total: 37.310
  • Assessor Parcel Number: 2001723

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 15, 2022
Closed on
Sep 30, 2022
Sold by
Stolper David M
Bought by
Charles Musa
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Willie Hoyt
eXp Realty
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%
Total Days on Market
2
Views
15
Current Estimated Value
$396,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,820
Avg. Annual Appreciation
5.38%
Original Mortgage
$345,000
Outstanding Balance
$332,991
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$63,829

Purchase Details

Listed on
Sep 21, 2020
Closed on
May 11, 2021
Sold by
Clement Dorian J
Bought by
Stolper David M
Seller's Agent
Geoffrey Hausmann
RE/MAX on the Bay
Buyer's Agent
Bill Heenan
William Raveis Real Estate
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.83%
Original Mortgage
$180,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2003
Sold by
Heikkinen Donna
Bought by
Clement Dorian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.86%

Purchase Details

Closed on
Oct 4, 2000
Sold by
Modzelewski Jessie J
Bought by
Heikkinen Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,300
Interest Rate
7.96%
Source: Public Records

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Range of Values:

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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
Charles Musa $345,000 None Available
Stolper David M $240,000 None Available
Clement Dorian $180,000 --
Heikkinen Donna M $84,535 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charles Musa $345,000
Previous Owner Stolper David M $180,000
Previous Owner Heikkinen Donna M $20,000
Previous Owner Heikkinen Donna M $144,000
Previous Owner Heikkinen Donna M $114,750
Previous Owner Heikkinen Donna M $80,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $345,000 -1.4% $111 / Sq Ft
09/19/2022 09/19/22 For Sale $349,900 0.0% $113 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $349,900 0.0% $113 / Sq Ft
08/25/2021 08/25/21 Rented $1,300 0.0% --
08/21/2021 08/21/21 Under Contract -- -- --
07/16/2021 07/16/21 Price Changed $1,300 0.0% $1 / Sq Ft
07/16/2021 07/16/21 For Rent $1,300 -7.1% --
07/12/2021 07/12/21 Off Market $1,400 -- --
06/12/2021 06/12/21 For Rent $1,400 0.0% --
05/11/2021 05/11/21 Sold $240,000 0.0% $78 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $239,900 0.0% $77 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $239,900 -- $77 / 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
2024 $6,592 $239,700 $49,700 $190,000
2023 $4,937 $132,580 $42,280 $90,300
2022 $4,680 $125,440 $42,280 $83,160
2021 $4,760 $125,440 $42,280 $83,160
2020 $4,791 $125,440 $42,280 $83,160
2019 $5,005 $125,440 $42,280 $83,160
2018 $3,708 $84,770 $30,800 $53,970
2017 $3,752 $84,770 $30,800 $53,970
2016 $3,430 $84,770 $30,800 $53,970
2015 $3,348 $84,770 $30,800 $53,970
2014 $2,905 $84,770 $30,800 $53,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170508055

SmartMLS

APN: NLON-000040-000232-000010