NOT LISTED FOR SALE

216 Ocean Ave New London, CT 06320

Willetts Neighborhood

Estimated Value: $404,685 - $485,000

7 Beds
4 Baths
3,914 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $265,000 $68 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,048/month

51 Days on Market

Highlights

  • City View
  • Property is near public transit
  • No HOA
  • Covered Deck
  • Corner Lot
  • Thermal Windows

About This Home

As of October 2019

Unique 2 family home, largest unit includes a full in-law apartment plus additional finished space in lower level. Lots of room for everyone and convenient to everything! 7 Bedrooms and 4 full bathrooms with each unit having living room, dining room and kitchen, that are all very spacious rooms, skylights, Redwood beams, spiral staircase and fireplace. Spectacular craftsmanship all throughout the property. Each unit has their own private covered deck, separate entrances, & laundry hook-ups. Corner lot, off street parking, brand new 40 year roof. Let your tenants pay your mortgage!

Last Agent to Sell the Property

Marilyn Lusher

RE/MAX Legends License #REB.0754324 Listed on: 07/02/2019

RE/MAX Legends

Last Buyer's Agent

Debbie Buonocore

Century 21 AllPoints Realty License #RES.0087462

Century 21 AllPoints Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,876

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Garden

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Redwood Siding
  • Cedar Siding
  • Stone Siding

Interior Spaces

  • 3,914 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • City Views
  • Storm Doors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

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

Parking

  • Parking Deck
  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Covered Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • New London High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,876

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: 3914
  • Public Record Living Room Sq Ft: 3914
  • Total Sq Ft: 3914
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7232
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Ocean Avenue between Willetts Ave and Alger Place.
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Basement Description: Full, Partially Finished, Walk-out, Storage
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: No
  • Street Number Modifier: 216

Exterior Features

  • Exterior Features: Covered Deck, Deck, Garden Area, Gutters, Lighting, Patio, Porch, Shed
  • Exterior Siding: Cedar, Redwood, Stone
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Crushed Stone

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Extra Insulation, Fireplace Insert, Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.1500
  • Lot Description: City Views, Corner Lot, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 13
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 6876
  • Total Assessed Value: 172340
  • Mil Rate Base: 39.900
  • Mil Rate Total: 39.900
  • Assessor Parcel Number: 1998933

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
Jul 2, 2019
Closed on
Oct 3, 2019
Sold by
Lidestri Christopher B and Lidestri Sherry E
Bought by
Buonocore Joseph P
Seller's Agent
Marilyn Lusher
RE/MAX Legends
Buyer's Agent
Debbie Buonocore
Century 21 AllPoints Realty
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$454,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,421
Avg. Annual Appreciation
8.83%
Original Mortgage
$198,750
Outstanding Balance
$174,881
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,339
Source: Public Records

Range of Values:

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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
Buonocore Joseph P $265,000 --
Buonocore Joseph P $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buonocore Joseph P $198,750
Closed Buonocore Joseph P $198,750
Previous Owner Lidestri Christpher B $101,000
Previous Owner Lidestri Christpher B $121,600
Previous Owner Lidestri Christpher B $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $265,000 0.0% $68 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $265,000 -- $68 / 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 $6,868 $252,500 $40,900 $211,600
2024 $6,944 $252,500 $40,900 $211,600
2023 $6,413 $172,200 $32,690 $139,510
2022 $6,425 $172,200 $32,690 $139,510
2021 $6,535 $172,200 $32,690 $139,510
2020 $6,576 $172,200 $32,690 $139,510
2019 $6,876 $172,340 $32,690 $139,650
2018 $5,701 $130,340 $31,430 $98,910
2017 $5,769 $130,340 $31,430 $98,910
2016 $5,274 $130,340 $31,430 $98,910
2015 $5,147 $130,340 $31,430 $98,910
2014 $4,467 $130,340 $31,430 $98,910
Source: Public Records

Agents Affiliated with this Home

  • Marilyn Lusher

    Seller's Agent in 2019

    Marilyn Lusher

    RE/MAX

    (860) 460-9559

    5 in this area

    345 Total Sales

    Marilyn Lusher
    Section Image

  • D

    Buyer's Agent in 2019

    Debbie Buonocore

    Century 21 AllPoints Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: 170212418

SmartMLS

APN: NLON-000023-000085-000028

Connecticut New London County New London 06320 Willetts

216 Ocean Ave, New London, CT

This home is located at 216 Ocean Ave, New London, CT 06320 since 02 July 2019 and is currently estimated at $454,421, approximately $116 per square foot. This property was built in 1900. 216 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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