NOT LISTED FOR SALE

266 Ocean Ave New London, CT 06320

Willetts Neighborhood

Estimated Value: $379,000 - $448,994

4 Beds
3 Baths
2,945 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $285,000 $97 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,884/month

44 Days on Market

Highlights

  • Finished Attic
  • No HOA
  • Thermal Windows
  • Attic
  • 1 Car Detached Garage
  • Private Driveway

About This Home

As of March 2022

Investors take note! Well maintained 2 family w/ large front porch. Great property for investor or owner occupied! 1st floor unit has 2 bedrooms, LR, DR, eat in KT, and large 3 season porch. 2nd floor has 2 bedrooms, eat in kitchen, and balcony porch. 3rd floor with additional living space and balcony porch. Each unit has their own separate utilities(for electric & heat). Hardwood floors through out, washer/dryer hook-ups in basement. Exterior rear entry ramp. Off street parking, one car detached garage. Conveniently located, easy access to L&M Hospital, Williams College, Ocean Beach, EB, Amtrak, Sub base, and more!

Last Agent to Sell the Property

Lee Barr

William Raveis Real Estate License #RES.0802818 Listed on: 12/08/2021

William Raveis Real Estate

Co-Listed By

Ann Carpenter

RE/MAX on the Bay License #REB.0755917

Last Buyer's Agent

Amy Rio

Executive Real Estate Inc. License #REB.0788717

Executive Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,693

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,945 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Attic

  • Storage In Attic
  • Finished Attic

Parking

  • 1 Car Detached Garage
  • Private Driveway

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,693

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: 2945
  • Public Record Living Room Sq Ft: 2945
  • Total Sq Ft: 2945
  • Year Built: 1900
  • 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: 5324
  • Directions: Bank St. to Ocean, past Sunset Street, on left #266, Yellow multi-family.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Finished, Storage Space
  • Basement Description: Full, Full With Hatchway
  • Laundry Room Info: Basement Hook-Up(s), Common Laundry Area
  • Attic: Yes
  • Street Number Modifier: 266

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Private

Utilities

  • Heat Type: Hot Air, Radiator
  • 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
  • High School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1800
  • Lot Description: Level Lot
  • Zoning: R-2

Multi Family

  • Unit Count: 3
  • Total Multi Family: 13
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5693
  • Total Assessed Value: 150010
  • Mil Rate Base: 37.950
  • Mil Rate Total: 37.950
  • Assessor Parcel Number: 1998170

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Mar 11, 2022
Sold by
Lupien Olga P Est
Bought by
Gaffney Alexander
Seller's Agent
Lee Barr
William Raveis Real Estate
Buyer's Agent
Amy Rio
Executive Real Estate Inc.
List Price
$279,900
Sold Price
$285,000
Premium/Discount to List
$5,100
1.82%
Current Estimated Value
$412,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,749
Avg. Annual Appreciation
9.38%
Original Mortgage
$242,250
Outstanding Balance
$227,148
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$159,817
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
Gaffney Alexander $285,000 None Available
Gaffney Alexander $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaffney Alexander $242,250
Closed Gaffney Alexander $242,250
Previous Owner Lupien William $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $285,000 +1.8% $97 / Sq Ft
01/28/2022 01/28/22 For Sale $279,900 0.0% $95 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $279,900 -- $95 / 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 $7,257 $266,800 $71,900 $194,900
2024 $7,337 $266,800 $71,900 $194,900
2023 $5,881 $157,920 $44,730 $113,190
2022 $5,892 $157,920 $44,730 $113,190
2021 $5,693 $150,010 $44,730 $105,280
2020 $5,729 $150,010 $44,730 $105,280
2019 $5,985 $150,010 $44,730 $105,280
2018 $4,783 $109,340 $40,880 $68,460
2017 $4,839 $109,340 $40,880 $68,460
2016 $4,424 $109,340 $40,880 $68,460
2015 $4,318 $109,340 $40,880 $68,460
2014 $3,747 $109,340 $40,880 $68,460
Source: Public Records

Agents Affiliated with this Home

  • Lee Barr

    Seller's Agent in 2022

    Lee Barr

    William Raveis Real Estate

    (860) 207-6780

    1 in this area

    115 Total Sales

    Section Image
  • Ann Carpenter

    Seller Co-Listing Agent in 2022

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    3 in this area

    273 Total Sales

    Section Image
  • Amy Rio

    Buyer's Agent in 2022

    Amy Rio

    Executive Real Estate

    (860) 916-6048

    1 in this area

    1,239 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170456082

SmartMLS

APN: NLON-000018-000079-000048

Connecticut New London County New London 06320 Willetts

266 Ocean Ave, New London, CT

This home is located at 266 Ocean Ave, New London, CT 06320 since 08 December 2021 and is currently estimated at $412,749, approximately $140 per square foot. This property was built in 1900. 266 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.

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