NOT LISTED FOR SALE

Estimated Value: $352,131 - $392,000

4 Beds
4 Baths
3,040 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $250,000 $82 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,447/month

5 Days on Market

Highlights

  • City View
  • Property is near public transit
  • 2 Car Detached Garage
  • Deck
  • No HOA
  • Porch

About This Home

As of May 2021

Great Opportunity for First Time Investors! Three story, two-family home has front covered porch and city views, with 3,040 total sf, detached 2 car garage and fenced backyard. Units are on separate floors and EACH have 2 bedrooms, 1.5 baths, hardwoods, and laundry hook-ups. Unit 1 provides single level living with kitchen, formal dining room, living room, and 2 bedrooms. Second floor, Unit 2, offers two levels with kitchen, formal dining room, living room, 2 bedrooms, and a covered porch on main floor with additional living space on upper level with a media room, 2 offices and half bath. Both units have month to month tenants in good standing for 1+ year. Home is within walking distance to restaurants, Caulkins Park, bus lines, and major employers Electric Boat and hospital.

Last Agent to Sell the Property

Greg Broadbent

RE/MAX Coast and Country License #REB.0789803 Listed on: 03/26/2021

RE/MAX Coast and Country

Last Buyer's Agent

Diane Morton-Reilly

IMT Realty License #RES.0793447

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,710

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 3,040 Sq Ft Home
  • City Views
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Harbor Elementary School
  • Dover Jackson Middle School
  • New London High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,710

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: 3040
  • Public Record Living Room Sq Ft: 3040
  • Total Sq Ft: 3040
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Private School(s), Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • 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: 5076
  • Directions: South on Ocean Avenue, New London toward Darrow Street. Left onto Alger Place. Destination will be on the right.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Description: Partial With Hatchway
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 26

Exterior Features

  • Exterior Features: Deck, Gutters, Porch
  • Exterior Siding: Asbestos
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 600

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Harbor
  • Middle School: Dover Jackson
  • High School: New London

Lot Info

  • Acres: 0.1400
  • Lot Description: City Views
  • 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 2020-June 2021
  • Property Tax: 4710
  • Total Assessed Value: 123340
  • Mil Rate Base: 38.190
  • Mil Rate Total: 38.190
  • Assessor Parcel Number: 1998131

MLS Schools

  • Elementary School: Harbor
  • Middle Jr High School: Dover Jackson
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 20, 2021
Sold by
Trimarchi Joseph E
Bought by
J & M Goldblatt Llc
Seller's Agent
Greg Broadbent
RE/MAX Coast and Country
Buyer's Agent
Diane Morton-Reilly
IMT Realty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$377,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,783
Avg. Annual Appreciation
8.31%

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 30, 2021
Sold by
Xirinachs Michael E and Messier Alan R
Bought by
Trimarchi Joseph E
Seller's Agent
Greg Broadbent
RE/MAX Coast and Country
Buyer's Agent
Diane Morton-Reilly
IMT Realty
List Price
$250,000
Sold Price
$250,000

Purchase Details

Listed on
Jul 1, 2015
Closed on
Dec 21, 2015
Sold by
Xirinachs Michael E and Xirinachs Nancie A
Bought by
Trimarchi Joseph E
Seller's Agent
Ann Stewart
William Pitt Sotheby's Int'l
Buyer's Agent
Greg Broadbent
RE/MAX Coast and Country
List Price
$249,000
Sold Price
$210,000
Premium/Discount to List
-$39,000
-15.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$178,500
Interest Rate
3.89%
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
J & M Goldblatt Llc $250,000 None Available
J & M Goldblatt Llc $250,000 None Available
Trimarchi Joseph E -- None Available
Trimarchi Joseph E -- None Available
Trimarchi Joseph E $210,000 --
Trimarchi Joseph E $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & M Goldblatt Llc $187,500
Previous Owner Trimarchi Joseph E $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $250,000 0.0% $82 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $250,000 0.0% $82 / Sq Ft
11/01/2019 11/01/19 Rented $1,150 0.0% --
10/03/2019 10/03/19 Under Contract -- -- --
09/20/2019 09/20/19 Price Changed $1,150 -4.2% $1 / Sq Ft
09/14/2019 09/14/19 Price Changed $1,200 -14.3% $1 / Sq Ft
08/30/2019 08/30/19 For Rent $1,400 0.0% --
12/21/2015 12/21/15 Sold $210,000 -15.7% $69 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $249,000 -- $82 / 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 $5,424 $199,400 $70,400 $129,000
2024 $5,484 $199,400 $70,400 $129,000
2023 $4,593 $123,340 $43,820 $79,520
2022 $4,602 $123,340 $43,820 $79,520
2021 $4,681 $123,340 $43,820 $79,520
2020 $4,710 $123,340 $43,820 $79,520
2019 $4,921 $123,340 $43,820 $79,520
2018 $4,571 $104,510 $40,040 $64,470
2017 $4,626 $104,510 $40,040 $64,470
2016 $4,228 $104,510 $40,040 $64,470
2015 $4,127 $104,510 $40,040 $64,470
2014 $3,582 $104,510 $40,040 $64,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170383450

SmartMLS

APN: NLON-000018-000079-000007