NOT LISTED FOR SALE

281 Gardner Ave Unit K3 New London, CT 06320

South New London Neighborhood

Estimated Value: $161,000 - $174,000

2 Beds
1 Bath
900 Sq Ft
$410/mo HOA Fee

Last Sold April 01, 2024

Last sale price $152,000 $169 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,531/month

1 Day on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Coin Laundry
  • Park

About This Home

As of April 2024

Just in time for Summer! Make your move, to the highly desired Georgetown Village, located only a couple blocks from Ocean Beach, minutes away from Electric Boat, Mitchell College, Lawrence + Memorial Hospital, Connecticut College, Coast Guard Academy, Amtrack/Shoreline East Trains, and Long Island Ferries! Whether you’re looking for your first home, a step-up choice until rates drop, looking to downsize while the market is hot, or an investment property to add to your portfolio, this 2-bedroom and 1-bath condo has so much to offer. Located on the 2nd floor, with views of the courtyard from your private balcony, enjoy the benefits of heat, hot water, trash service, grounds maintenance, snow removal, water, sewer, and property management for one monthly HOA. The electric bill averages $50 per month, the gas furnace is newer, and the coin-operated laundry is conveniently located right downstairs. The primary bedroom features a huge walk-in closet, and the bathroom boasts a new vanity; while, both the kitchen and bath faucets feature LED water-temperature color-changing lights. What more could you want? Make your move today, and see for yourself all this property has to offer! (Agent related to seller)

Last Agent to Sell the Property

Sarah Turner

Berkshire Hathaway NE Prop. License #RES.0807536 Listed on: 03/12/2024

Berkshire Hathaway NE Prop.

Co-Listed By

Deb Bochain

Berkshire Hathaway NE Prop. License #RES.0807532

Last Buyer's Agent

Rosemarie Smith

Coldwell Banker Realty License #RES.0804233

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1967

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • 900 Sq Ft Home
  • Brick Exterior Construction
  • Concrete Siding
  • Masonry Siding

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

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

Additional Features

  • Laundry on lower level
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 1996931

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, heat, hot water, water, sewer, property management
  • 108 Units
  • Mid-Rise Condominium
  • Property managed by Northeast Property Group

Amenities

  • Public Transportation
  • Coin Laundry

Recreation

  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,611

Year Built

Built in 1967

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Neighborhood: Ocean Beach
  • Property Type: Condo/Co-Op For Sale
  • Style: Apartment, Mid Rise
  • Sq Ft Est Heated Above Grade: 900
  • Total Sq Ft: 900
  • Year Built: 1967
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Medical Facilities, Park, Playground/Tot Lot, Public Pool, Public Transportation, Tennis Courts, Walk to Bus Lines
  • Association Amenities: Park
  • Remarks Public Addendum: Only a short distance to the following locations: 1 mile or less to Ocean Beach, Mitchell College, Lawrence + Memorial. 2 miles to General Dynamics / Electric Boat New London Pequot Avenue. 3 miles to New London Train Station & Ferries. 4 miles to Coast Guard Academy + Connecticut College.
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 2
  • Directions: GPS to 281 Gardner, parking lot to the right. Walk towards to mailboxes behind the units to the last building K. The 2nd-floor Unit is on the left.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 900
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: None
  • Appliances: Gas Range, Refrigerator, Dishwasher
  • Laundry Room Location: Accessible with key.
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area, Lower Level
  • Attic: No
  • Street Number Modifier: 281

Exterior Features

  • Exterior Siding: Brick
  • Swimming Pool: No
  • Construction Description: Brick, Concrete

Garage/Parking

  • Total Parking Spaces: 2
  • Garage And Parking: None, Parking Lot, Off Street Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Other
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Hot Water, Water, Sewer, Property Management
  • Levels In Unit: 1
  • HOA Fees: 410
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: (860) 437-7005x218
  • Total Number of Units In Complex: Georgetown Village

Schools

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

Lot Info

  • Lot Description: Level Lot On Cul-De-Sac
  • Zoning: R-2
  • Parcel #: 1996931

Rental Info

  • Pets Allowed Info: Pets are Allowed
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 108

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 1611
  • Total Assessed Value: 43260
  • Mil Rate Total: 37.24

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
Apr 9, 2022
Closed on
May 16, 2022
Sold by
Lester Michael D
Bought by
Clark Briana
Seller's Agent
Kristin Davis
Berkshire Hathaway NE Prop.
Buyer's Agent
Sarah Turner
Berkshire Hathaway NE Prop.
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$166,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,600
Avg. Annual Appreciation
12.71%
Original Mortgage
$95,000
Outstanding Balance
$90,544
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$71,153

Purchase Details

Closed on
Aug 26, 2014
Sold by
Jensen Paul M and Jensen Judith A
Bought by
Lester Michael D and Lester Marisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,057
Interest Rate
4.14%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 2007
Sold by
Piela Albert
Bought by
Lester Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,098
Interest Rate
6.27%
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 Buyer Sale Price Title Company
Clark Briana $110,000 None Available
Lester Michael D $239,900 --
Lester Michael D $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Briana $95,000
Previous Owner Lester Michael D $245,057
Previous Owner Lester Michael D $114,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $152,000 +17.8% $169 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $129,000 +17.3% $143 / Sq Ft
05/16/2022 05/16/22 Sold $110,000 0.0% $122 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $110,000 0.0% $122 / Sq Ft
04/09/2022 04/09/22 Under Contract -- -- --
04/08/2022 04/08/22 Rented $1,450 0.0% --
03/28/2022 03/28/22 For Rent $1,450 +20.8% --
04/16/2018 04/16/18 Rented $1,200 0.0% --
12/21/2017 12/21/17 For Rent $1,200 +4.3% --
12/05/2016 12/05/16 Rented $1,150 -4.2% --
10/12/2016 10/12/16 For Rent $1,200 +4.3% --
09/07/2015 09/07/15 Rented $1,150 -4.2% --
08/18/2015 08/18/15 Under Contract -- -- --
07/16/2015 07/16/15 For Rent $1,200 -- --
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 $2,410 $88,600 $0 $88,600
2024 $2,437 $88,600 $0 $88,600
2023 $1,611 $43,260 $0 $43,260
2022 $1,614 $43,260 $0 $43,260
2021 $1,642 $43,260 $0 $43,260
2020 $1,652 $43,260 $0 $43,260
2019 $1,726 $43,260 $0 $43,260
2018 $2,208 $50,470 $0 $50,470
2017 $2,234 $50,470 $0 $50,470
2016 $2,042 $50,470 $0 $50,470
2015 $1,993 $50,470 $0 $50,470
2014 $1,730 $50,470 $0 $50,470
Source: Public Records

Agents Affiliated with this Home

  • Sarah Turner

    Seller's Agent in 2024

    Sarah Turner

    Berkshire Hathaway Home Services

    (860) 501-0551

    6 in this area

    57 Total Sales

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  • Deb Bochain

    Seller Co-Listing Agent in 2024

    Deb Bochain

    Berkshire Hathaway Home Services

    (860) 501-0551

    3 in this area

    34 Total Sales

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  • Rosemarie Smith

    Buyer's Agent in 2024

    Rosemarie Smith

    Coldwell Banker Realty

    (860) 227-5806

    6 in this area

    126 Total Sales

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  • Kristin Davis

    Seller's Agent in 2022

    Kristin Davis

    Berkshire Hathaway Home Services

    (860) 281-4666

    3 in this area

    74 Total Sales

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  • Ron Donovan

    Seller's Agent in 2018

    Ron Donovan

    RE/MAX

    (860) 287-1216

    13 in this area

    58 Total Sales

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Map

Source: SmartMLS

MLS Number: 24001781

SmartMLS

APN: NLON-000010-000046-000326-000003

Connecticut New London County New London 06320 South New London

281 Gardner Ave Unit K3, New London, CT

This home is located at 281 Gardner Ave Unit K3, New London, CT 06320 since 12 March 2024 and is currently estimated at $166,600, approximately $185 per square foot. This property was built in 1967. 281 Gardner Ave Unit K3 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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