$45,000
SOLD FEB 3, 2023
0.19 Acre
$236,842 Price per Acre
8,276 Sq Ft Lot

Recently Sold

43% Below List Price

456 Days on Market

Highlights

  • Property is near public transit
  • Cul-De-Sac
  • Level Lot
  • No HOA
  • Public Transportation

About This Lot

As of November 2024

Build your new home on this .19 acre lot on a peaceful cul-de-sac in the beautiful coastal city of New London. Lot is approved for construction of a single family house; buyer to secure financing for construction. Survey completed 5/10/2021 and zoning approved for site plan, septic system, and storm water management 10/7/2021. Approved architectural plans, Code Review, & Rescheck for a single-family narrow ranch included with land purchase. Specifications: full basement, 1 story plus attic, 3 bedrooms, 2 baths, heated/cooled living area 1315 sq. ft. (1707 sq. ft. with covered porch area & deck). Close proximity to the Coast Guard Academy, Connecticut College, a supermarket, restaurants, shopping center, and walk-in clinic. Minutes from I95, bus/train station, and ferry services. Short drive to two world-class casinos, Electric Boat, Pfizer, and Naval Submarine Base.
Seller is also listing agent.

Last Agent to Sell the Property

Anthony Valentin

Weichert Realtors MRG License #RES.0809947 Listed on: 10/12/2021

Last Buyer's Agent

Beverly Nebelung

Berkshire Hathaway NE Prop. License #RES.0771919

Berkshire Hathaway NE Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,094

Lot Details

  • 8,276 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned R-1A

Location

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

Schools

  • C. B. Jennings Elementary School
  • Dover Jackson Middle School
  • New London High School

Community Details

  • No Home Owners Association
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$1,094

Lot Details

0

Listing Details

  • Neighborhood: Riverside Park
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 08/01/2022
  • Directions: GPS-friendly; Bayonet Street to 28 Margaret Street
  • Special Features: None

Interior Features

  • Street Number Modifier: 28

Exterior Features

  • Road Frontage Description: Municipal Street, Cul-De-Sac, Paved Road
  • Road Frontage Approximate: 53

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic Required
  • Utilities Available: Electric Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: C. B. Jennings
  • Middle School: Dover Jackson
  • High School: New London
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1900
  • Lot Description: On Cul-De-Sac, Open Lot, Dry, Cleared, Level Lot, Fence - Wood
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot, Lot Staked, Curb Cut(s), Rough Graded, Storm Drain(s)
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: R-1A

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 1094
  • Total Assessed Value: 29330
  • Mil Rate Base: 37.310
  • Mil Rate Total: 37.310
  • Assessor Parcel Number: 2002533

MLS Schools

  • Elementary School: C. B. Jennings
  • Middle Jr High School: Dover Jackson
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Nov 27, 2024
Sold by
Delgado Ronald and Delgado Kelly
Bought by
Adekoya Olufemi and Adekoya Olufunmilayo
Seller's Agent
Beverly Nebelung
Berkshire Hathaway NE Prop.
Buyer's Agent
Geoffrey Hausmann
RE/MAX on the Bay
List Price
$409,500
Sold Price
$395,000
Premium/Discount to List
-$14,500
-3.54%
Views
46
Current Estimated Value
$404,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,467
Avg. Annual Appreciation
3.83%
Original Mortgage
$387,845
Outstanding Balance
$385,322
Interest Rate
6.44%
Mortgage Type
FHA
Estimated Equity
$19,145

Purchase Details

Listed on
Oct 12, 2021
Closed on
Jan 30, 2023
Sold by
Valentin Anthony and Valentin Nada
Bought by
Delgado Kelly and Delgado Ronald
Seller's Agent
Anthony Valentin
Weichert Realtors MRG
Buyer's Agent
Beverly Nebelung
Berkshire Hathaway NE Prop.
List Price
$79,000
Sold Price
$45,000
Premium/Discount to List
-$34,000
-43.04%
Views
180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
229.87%

Purchase Details

Listed on
Jul 1, 2020
Closed on
Feb 3, 2021
Sold by
Lamarco William
Bought by
Valentin Anthony and Valentin Nada
Seller's Agent
William Lamarco
W F Lamarco Real Estate
Buyer's Agent
William Lamarco
W F Lamarco Real Estate
List Price
$15,000
Sold Price
$12,000
Premium/Discount to List
-$3,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.65%

Purchase Details

Closed on
Feb 1, 2018
Sold by
Lamarco William
Bought by
Lamarco William
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $395,000 None Available
Warranty Deed $395,000 None Available
Warranty Deed $395,000 None Available
Warranty Deed $45,000 None Available
Warranty Deed $45,000 None Available
Warranty Deed $45,000 None Available
Warranty Deed $12,000 None Available
Warranty Deed $12,000 None Available
Warranty Deed $12,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $387,845 FHA
Closed $387,845 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $395,000 0.0% $222 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $395,000 -3.5% $222 / Sq Ft
09/12/2024 09/12/24 For Sale $409,500 +810.0% $230 / Sq Ft
02/03/2023 02/03/23 Sold $45,000 -18.2% --
01/11/2023 01/11/23 Pending -- -- --
08/26/2022 08/26/22 Price Changed $55,000 -6.8% --
06/08/2022 06/08/22 Price Changed $59,000 -9.2% --
04/29/2022 04/29/22 Price Changed $65,000 -5.8% --
03/23/2022 03/23/22 Price Changed $69,000 -8.0% --
11/20/2021 11/20/21 Price Changed $75,000 -5.1% --
10/12/2021 10/12/21 For Sale $79,000 +558.3% --
02/04/2021 02/04/21 Sold $12,000 -20.0% --
07/01/2020 07/01/20 For Sale $15,000 -- --
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 $7,058 $259,500 $49,800 $209,700
2024 $1,370 $49,800 $49,800 $0
2023 $1,092 $29,330 $29,330 $0
2022 $1,094 $29,330 $29,330 $0
2021 $1,113 $29,330 $29,330 $0
2020 $1,120 $29,330 $29,330 $0
2019 $1,170 $29,330 $29,330 $0
2018 $1,684 $38,500 $38,500 $0
2017 $1,704 $38,500 $38,500 $0
2016 $1,558 $38,500 $38,500 $0
2015 $1,520 $38,500 $38,500 $0
2014 $1,319 $38,500 $38,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170443836

SmartMLS

APN: NLON-000050-000308-000001-000001