NOT LISTED FOR SALE

237 Broad St New London, CT 06320

Williams Neighborhood

Estimated Value: $260,381 - $350,000

6 Beds
2 Baths
3,264 Sq Ft
$91/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $170,000 $52 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,119/month

119 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Heating System Uses Steam
  • Attic
  • Public Transportation
  • 1-minute walk to Bartlett Courts Park

About This Home

As of September 2020

An AMAZING find; a side-by-side duplex property with ginormous units. Each unit features 3 large bedrooms, separate basements, laundry hookups, and a semi-finished walk up attic within each one that could be finished for just about any use. Unit #1 has been recently renovated with an updated kitchen, updated full bathroom, re-finished flooring, and lovely paint. With over 1,500 square feet within each unit, It is space galore!! This property will make a lovely home for a new lucky owner who's mortgage can be offset by the ample rental income, or a large income-producing asset for the savvy investor yielding them a pretty return on this investment . Schedule a showing right away and prepare to be dazzled with this home's value!

Last Agent to Sell the Property

Luis Almanzar

Blue Diamond Realty, LLC License #REB.0793091 Listed on: 04/14/2020

Last Buyer's Agent

Geoff Smith

RE/MAX on the Bay License #REB.0792694

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,598

Year Built

  • Built in 1905

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,264 Sq Ft Home
  • Walkup Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

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

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $29,508

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,598

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3264
  • Public Record Living Room Sq Ft: 3264
  • Total Sq Ft: 3264
  • Year Built: 1905
  • Nearby Amenities: Basketball Court, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6696
  • Tax Year Updated Dt: 07/13/2020
  • Directions: GPS-Friendly!
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 237

Exterior Features

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

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • 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
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: C-1

Multi Family

  • Gross Annual Income: 29508
  • Net Operating Income: 23659
  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5598
  • Total Assessed Value: 146580
  • Mil Rate Base: 38.190
  • Mil Rate Total: 38.190
  • Assessor Parcel Number: 2001706

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
Duncanson Frank
Bought by
Andre Betty J and Andre Joseph Jude
Total Days on Market
119
Current Estimated Value
$297,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,100
Outstanding Balance
$183,111
Interest Rate
5.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$143,750

Purchase Details

Closed on
Oct 28, 2019
Sold by
Duzant Eva G
Bought by
Duncanson Frank

Purchase Details

Listed on
Sep 21, 2011
Closed on
Apr 13, 2012
Sold by
Duncanson Frank
Bought by
Duzant Eva G
Seller's Agent
Tammy Starr
ERA Blanchard & Rossetto
Buyer's Agent
Tammy Starr
ERA Blanchard & Rossetto
List Price
$91,000
Sold Price
$91,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$68,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2005
Sold by
Krauth Bruce and Krauth Rachel
Bought by
Duncanson Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.72%

Purchase Details

Closed on
Apr 15, 2002
Sold by
Coastal Rlty Venture
Bought by
Krauth Bruce M and Krauth Rachel L

Purchase Details

Closed on
Dec 2, 1998
Sold by
Synodi Zoe G
Bought by
Krauth Brian A and Krauth Kathryn L
Source: Public Records

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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
Andre Betty J -- None Available
Andre Betty J -- None Available
Duncanson Frank -- --
Duzant Eva G $91,000 --
Duzant Eva G $91,000 --
Duncanson Frank $295,000 --
Duncanson Frank $295,000 --
Krauth Bruce M $156,000 --
Krauth Bruce M $156,000 --
Krauth Brian A $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andre Betty J $191,100
Closed Andre Betty J $191,100
Previous Owner Joseph Jude $119,000
Previous Owner Krauth Brian A $68,250
Previous Owner Krauth Brian A $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 Sold $170,000 -10.5% $52 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/23/2020 07/23/20 Price Changed $190,000 -5.0% $58 / Sq Ft
04/14/2020 04/14/20 For Sale $200,000 0.0% $61 / Sq Ft
09/05/2014 09/05/14 Rented $1,200 0.0% --
06/16/2014 06/16/14 Under Contract -- -- --
05/08/2014 05/08/14 For Rent $1,200 0.0% --
04/13/2012 04/13/12 Sold $91,000 0.0% $28 / Sq Ft
10/03/2011 10/03/11 Pending -- -- --
09/21/2011 09/21/11 For Sale $91,000 -- $28 / 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 $5,412 $196,800 $48,200 $148,600
2023 $5,459 $146,580 $40,950 $105,630
2022 $5,469 $146,580 $40,950 $105,630
2021 $5,563 $146,580 $40,950 $105,630
2020 $5,598 $146,580 $40,950 $105,630
2019 $5,849 $146,580 $40,950 $105,630
2018 $4,066 $92,960 $29,820 $63,140
2017 $4,114 $92,960 $29,820 $63,140
2016 $3,761 $92,960 $29,820 $63,140
2015 $3,671 $92,960 $29,820 $63,140
2014 $3,186 $92,960 $29,820 $63,140
Source: Public Records

Agents Affiliated with this Home

  • Luis Almanzar

    Seller's Agent in 2020

    Luis Almanzar

    Blue Diamond Realty, LLC

    (860) 389-0105

    Section Image
  • Geoff Smith

    Buyer's Agent in 2020

    Geoff Smith

    RE/MAX

    (860) 912-3209

    3 in this area

    144 Total Sales

    Geoff Smith
    Section Image
  • Jay Cusack

    Seller's Agent in 2014

    Jay Cusack

    Executive Real Estate

    (860) 883-5549

    1 in this area

    289 Total Sales

    Jay Cusack
    Section Image

  • J

    Buyer's Agent in 2014

    Joseph Presslitz

    William Raveis Real Estate

  • T

    Seller's Agent in 2012

    Tammy Starr

    ERA Blanchard & Rossetto

    (860) 646-2482

    2 Total Sales

    Tammy Starr
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170267182

SmartMLS

APN: NLON-000040-000230-000020

Connecticut New London County New London 06320 Williams

237 Broad St, New London, CT

This home is located at 237 Broad St, New London, CT 06320 since 14 April 2020 and is currently estimated at $297,095, approximately $91 per square foot. This property was built in 1905. 237 Broad St 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.

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