NOT LISTED FOR SALE

22 Homestead Rd Ledyard, CT 06339

Ledyard Area

Estimated Value: $792,000 - $868,000

12 Beds
7.5 Baths
5,800 Sq Ft
$142/Sq Ft Est. Value

Sale Details

Date Sold: February 1, 2024

Last sale price $675,000 $116 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,539 / mo

55 Days on Market

Highlights

  • 15.82 Acre Lot
  • Attic
  • Hot Water Heating System

About This Home

As of February 2024

Two Buildings on one lot 15+ acres - 4 family # 22. +3 family # 24 - Short walk to Long Pond for fishing and small boating - 1 mile to Foxwood casino - Monthly rent Proforma $8585 - First tour access to unit 22 A & 22 C - *** Highest, and best offer due Dec 13 2 PM. ***

Last Agent to Sell the Property

Thomas Simjian

Keller Williams Coastal License #RES.0799138 Listed on: 12/06/2023

Keller Williams Coastal

Last Buyer's Agent

Josh Birrell

Century 21 Guardian Realty License #RES.0823005

Century 21 Guardian Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,252

Year Built

  • Built in 1930

Lot Details

  • 15.82 Acre Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 5,800 Sq Ft Home
  • Partial Basement
  • Attic

Bedrooms and Bathrooms

  • 12 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Well

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 1510457

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,252

Year Built

Built in 1930

Lot Details

15.82 Acres

Listing Details

  • Neighborhood: Lantern Hill
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 5800
  • Total Sq Ft: 5800
  • Year Built: 1930
  • New Construction: No/Resale
  • Nearby Amenities: Lake
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: GPS 22 Homestead Rd.
  • Financing Used: Conventional Fixed
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Basement Description: Partial
  • Attic: Yes

Exterior Features

  • Exterior Siding: Clapboard, Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community View Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: Driveway, Unpaved

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Air, Hot Water
  • Heat Fuel Type: Electric, Oil, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Lot Info

  • Acres: 15.82
  • Lot Description: Water View Corner Lot Rolling Treed
  • Zoning: R80
  • Parcel #: 1510457

Multi Family

  • Total Number Of Units: 7
  • Unit Count: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 11252

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Jan 31, 2024
Sold by
Bought by
Seller's Agent
Thomas Simjian
Keller Williams Coastal
Buyer's Agent
Josh Birrell
Century 21 Guardian Realty
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
Views
51
Current Estimated Value
$823,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,974
Avg. Annual Appreciation
8.13%
Original Mortgage
$395,000
Outstanding Balance
$384,042
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$439,932

Purchase Details

Closed on
Sep 15, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2021
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2011
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ledyard, CT

  • Matt Diamond Real Estate Agent - Houlihan Lawrence WD

    Matt Diamond

    Houlihan Lawrence WD

    (959) 265-0024

    49 Total Sales

    1 in Ledyard

    $320,000 Price

    Matt Diamond
     Section Image
  • Peter Vitale Real Estate Agent - Century 21 Limitless

    Peter Vitale

    Century 21 Limitless

    (959) 210-1139

    26 Total Sales

    1 in Ledyard

    $332,000 Price

    Peter Vitale
     Section Image
  • Janet Cronin-Rumanoff Real Estate Agent - William Pitt Sotheby's Int'l

    Janet Cronin-Rumanoff

    William Pitt Sotheby's Int'l

    (475) 267-0994

    38 Total Sales

    1 in Ledyard

    $591,000 Price

    Janet Cronin-Rumanoff
     Section Image
  • Barbara Royea Real Estate Agent - Carl Guild & Associates

    Barbara Royea

    Carl Guild & Associates

    (860) 809-4959

    65 Total Sales

    2 in Ledyard

    $560K - $765K Price Range

    Barbara Royea
     Section Image
  • Amy Rubin Real Estate Agent - William Raveis Real Estate

    Amy Rubin

    William Raveis Real Estate

    (959) 500-6792

    87 Total Sales

    2 in Ledyard

    $337K - $493K Price Range

    Amy Rubin
     Section Image
  • Emily Myers Real Estate Agent - RE/MAX Legends

    Emily Myers

    RE/MAX Legends

    (959) 500-4977

    178 Total Sales

    47 in Ledyard

    $235K - $785K Price Range

    Emily Myers
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 None Available
-- None Available
$400,000 None Available
-- --
-- --
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $395,000
Previous Owner $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $675,000 +3.8% $116 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
12/06/2023 12/06/23 For Sale $650,000 0.0% $112 / Sq Ft
11/15/2016 11/15/16 Rented $1,050 0.0% --
10/24/2016 10/24/16 Under Contract -- -- --
09/19/2016 09/19/16 For Rent $1,050 +13.5% --
03/15/2016 03/15/16 Rented $925 +5.7% --
03/01/2016 03/01/16 Under Contract -- -- --
12/10/2015 12/10/15 For Rent $875 -7.9% --
01/01/2015 01/01/15 Rented $950 +11.8% --
01/01/2015 01/01/15 Rented $850 +3.0% --
12/17/2014 12/17/14 Under Contract -- -- --
11/15/2014 11/15/14 Rented $825 -2.9% --
11/15/2014 11/15/14 Under Contract -- -- --
11/01/2014 11/01/14 Under Contract -- -- --
10/30/2014 10/30/14 For Rent $850 -10.5% --
09/25/2014 09/25/14 For Rent $950 +11.8% --
05/22/2014 05/22/14 For Rent $850 -5.0% --
03/01/2013 03/01/13 Rented $895 -99.0% --
03/01/2013 03/01/13 Under Contract -- -- --
01/20/2013 01/20/13 For Rent $89,500 -- --
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,128 $326,550 $101,290 $225,260
2024 $11,463 $325,570 $101,290 $224,280
2023 $11,252 $325,570 $101,290 $224,280
2022 $11,011 $325,570 $101,290 $224,280
2021 $10,939 $325,570 $101,290 $224,280
2020 $10,289 $294,210 $96,250 $197,960
2019 $10,315 $294,210 $96,250 $197,960
2018 $10,088 $294,210 $96,250 $197,960
2017 $9,574 $294,210 $96,250 $197,960
2016 $9,385 $294,210 $96,250 $197,960
2015 $8,944 $294,210 $96,250 $197,960
2014 $9,186 $307,230 $98,840 $208,390
Source: Public Records

Agents Affiliated with this Home

  • Thomas Simjian Real Estate Agent - Keller Williams Coastal

    Seller's Agent in 2024

    Thomas Simjian

    Keller Williams Coastal

    (203) 506-0388

    56 Total Sales

    Thomas Simjian
    Section Image

  • J

    Buyer's Agent in 2024

    Josh Birrell

    Century 21 Guardian Realty

    (401) 464-2100

    22 Total Sales

    Josh Birrell
    Section Image

  • B

    Seller's Agent in 2016

    Brad Currier II

    Bradford & Company

    Section Image

  • J

    Buyer's Agent in 2015

    Jessica Martin

    Heritage Properties SPC

See All Agents

Map

Source: SmartMLS

MLS Number: 170613736

SmartMLS

APN: LEDY-000045-001030-000022

Connecticut New London County Ledyard 06339

22 Homestead Rd, Ledyard, CT

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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