NOT LISTED FOR SALE

Estimated Value: $323,000 - $392,000

8 Beds
3 Baths
2,447 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $188,250 $77 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,303/month

17 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Baseboard Heating
  • No HOA
  • Public Transportation
  • 4-minute walk to New London Recreation

About This Home

As of June 2019

Investor alert or owner occupied. 3 Family w/easy access to 95 and 395, Coast Guard, EB, Subbase - Vinyl Siding & Electric heat. 2-3 bedroom units (1st floor set up as 2 bdrm but could be used as a 3 if needed) Second floor 3 bdmrs, 3rd floor is a 2 bedroom unit. Leases for 1st & 2nd floor up at end of Sept. 3rd floor is mo to mo. Owner pays water & sewer. Note that taxes are based on last year 2018 assessment - taxes subject to change. Refrigerators and stoves only belong to the landlord and will convey. Off st parking to the left of the building.

Last Agent to Sell the Property

Lu-Ann Perkins

RE/MAX on the Bay License #REB.0794708 Listed on: 03/29/2019

RE/MAX on the Bay

Last Buyer's Agent

Jennifer Melnick

RE/MAX Legends License #RES.0806490

RE/MAX Legends

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,164

Year Built

  • Built in 1860

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 2,447 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Schools

  • New London High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Porch
  • Property is near public transit

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,164

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2447
  • Public Record Living Room Sq Ft: 2447
  • Total Sq Ft: 2447
  • Year Built: 1860
  • Nearby Amenities: Park, Public Transportation
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4130
  • Tax Year Updated Dt: 07/08/2019
  • Directions: Williams St to Amity
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Location: only washer/dryer belong to tenants
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2, Washer/Dryer Some Units
  • Attic: No
  • Street Number Modifier: 22

Exterior Features

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

Garage/Parking

  • Garage Parking Info: On Street Parking

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: New London

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: C-1

Multi Family

  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4164
  • Total Assessed Value: 104370
  • Mil Rate Base: 43.740
  • Mil Rate Total: 39.900
  • Assessor Parcel Number: 2001300

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 28, 2019
Sold by
Maddox Jason S
Bought by
Flanagan Edward T
Seller's Agent
Lu-Ann Perkins
RE/MAX on the Bay
Buyer's Agent
Jennifer Melnick
RE/MAX Legends
List Price
$189,900
Sold Price
$188,250
Premium/Discount to List
-$1,650
-0.87%
Current Estimated Value
$358,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,901
Avg. Annual Appreciation
10.84%
Original Mortgage
$184,840
Outstanding Balance
$163,338
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$194,813

Purchase Details

Closed on
Jun 11, 1999
Sold by
Family Mtg Svc
Bought by
Maddox Jason S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
6.9%
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
Flanagan Edward T $188,250 --
Flanagan Edward T $188,250 --
Maddox Jason S $69,900 --
Maddox Jason S $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanagan Edward T $184,840
Closed Flanagan Edward T $184,840
Previous Owner Maddox Jason S $120,000
Previous Owner Maddox Jason S $80,500
Previous Owner Maddox Jason S $62,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $188,250 -0.9% $77 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $189,900 -- $78 / 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 $4,855 $178,500 $48,200 $130,300
2024 $4,909 $178,500 $48,200 $130,300
2023 $3,887 $104,370 $30,100 $74,270
2022 $3,894 $104,370 $30,100 $74,270
2021 $3,961 $104,370 $30,100 $74,270
2020 $3,986 $104,370 $30,100 $74,270
2019 $4,164 $104,370 $30,100 $74,270
2018 $3,674 $84,000 $36,120 $47,880
2017 $3,718 $84,000 $36,120 $47,880
2016 $3,399 $84,000 $36,120 $47,880
2015 $3,317 $84,000 $36,120 $47,880
2014 $2,879 $84,000 $36,120 $47,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170178915

SmartMLS

APN: NLON-000036-000212-000002