$285,151 - $402,000
RENTED APR 28, 2025

29 Olive St Waterford, CT 06385

2 Beds
1 Bath
650 Sq Ft
$559 Price per Sq Ft

Last Sold July 26, 2024

Last sale price $412,000 $634 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,296/month

Highlights

  • Deck
  • Thermal Windows
  • Hot Water Circulator
  • Waterford High School Rated A-
  • Property is near shops
  • 5-minute walk to Waterford Recreation Parks

About This Home

As of April 2025

Come enjoy easy shoreline living in this fully renovated apartment within the heart of Waterford! This unit features 2 beds, 1 bath, a brand new kitchen with granite countertops and stainless steel appliances, a beautiful tiled shower, a large shared backyard and private laundry located in the basement! This apartment is only minutes from major employers such as Electric Boat, Pfizer, L&M Hospital with close proximity to grocery stores, parks, hiking trails, waterfront dining, local beaches and easy access to many routes and highways. Check out those pics and schedule your private showing today.

Last Agent to Rent the Property

Jarrad Horsley

RE/MAX One License #RES.0814527 Listed on: 02/24/2025

RE/MAX One

Last Renter's Agent

Jarrad Horsley

RE/MAX One License #RES.0814527 Listed on: 02/24/2025

RE/MAX One

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,414

Year Built

  • Built in 1950

Lot Details

  • 4,792

Home Design

  • Half Duplex
  • Vinyl Siding

Interior Spaces

  • 650 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Concrete Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • 2 Parking Spaces
  • Parking Deck
  • Private Driveway

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Waterford High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Deck
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1588610

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,414

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Lease Price Description: Per Month
  • Pets Allowed: No
  • Rental Duration: Yearly Unfurnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: N/A
  • Property Type: Residential Rental
  • Style: Apartment, Half Duplex
  • Sq Ft Est Heated Above Grade: 650
  • Total Sq Ft: 650
  • Year Built: 1950
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall
  • Property Sub Type: Multi-Family Rental
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Coming down Route 1 turn onto Olive St. Property will be on your left. GPS friendly.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1248
  • Street Type: Street
  • Tenant Responsibility: All Utilities Snow Removal
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Full, Concrete Floor, Full With Walk-Out
  • Appliances: Electric Range, Microwave, Refrigerator
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 29
  • Other SqFt Description: Sq/Ft is based on single unit not entire home.

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 2
  • Garage And Parking: None, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.11
  • Lot Description: Level Lot Cleared
  • Zoning: R-20
  • Parcel #: 1588610

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Jul 26, 2024
Sold by
Paucar Llc
Bought by
Morelli Matthew
Seller's Agent
Jarrad Horsley
RE/MAX One
Buyer's Agent
Jarrad Horsley
RE/MAX One
Sold Price
$2,000
Views
59
Current Estimated Value
$363,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,288
Avg. Annual Appreciation
-7.72%
Original Mortgage
$404,537
Outstanding Balance
$400,117
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
-$22,057

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 1, 2023
Sold by
Collins Patrick H
Bought by
Paucar Llc
Seller's Agent
Mario Stephens
RE/MAX Legends
Buyer's Agent
Mario Stephens
RE/MAX Legends
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
738.78%

Purchase Details

Closed on
Aug 22, 2000
Sold by
Olsen John
Bought by
Collins Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage
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
Morelli Matthew $412,000 None Available
Morelli Matthew $412,000 None Available
Paucar Llc -- None Available
Paucar Llc -- None Available
Collins Patrick $102,000 --
Collins Patrick $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morelli Matthew $404,537
Closed Morelli Matthew $404,537
Previous Owner Collins Patrick $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Rented $1,900 0.0% --
04/07/2025 04/07/25 Price Changed $1,900 -5.0% $3 / Sq Ft
03/16/2025 03/16/25 Price Changed $2,000 -4.8% $3 / Sq Ft
02/24/2025 02/24/25 For Rent $2,100 +5.0% --
08/28/2024 08/28/24 Rented $2,000 0.0% --
08/08/2024 08/08/24 Price Changed $2,000 -9.1% $3 / Sq Ft
08/02/2024 08/02/24 For Rent $2,200 0.0% --
07/26/2024 07/26/24 Sold $412,000 +9.9% $330 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $374,900 +212.4% $300 / Sq Ft
12/29/2023 12/29/23 Sold $120,000 -20.0% $96 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $150,000 -- $120 / 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 $4,414 $188,940 $52,860 $136,080
2024 $2,928 $131,290 $52,860 $78,430
2023 $2,783 $131,290 $52,860 $78,430
2022 $2,938 $106,590 $39,070 $67,520
2021 $2,946 $106,590 $39,070 $67,520
2020 $2,971 $106,590 $39,070 $67,520
2019 $2,982 $106,590 $39,070 $67,520
2018 $2,923 $106,590 $39,070 $67,520
2017 $2,997 $110,880 $41,370 $69,510
2016 $2,969 $110,880 $41,370 $69,510
2015 $2,864 $110,880 $41,370 $69,510
2014 $2,864 $110,880 $41,370 $69,510
Source: Public Records

Agents Affiliated with this Home

  • Jarrad Horsley

    Landlord's Agent in 2025

    Jarrad Horsley

    RE/MAX

    (860) 300-0146

    17 in this area

    135 Total Sales

    Jarrad Horsley
    Section Image
  • Mario Stephens

    Seller's Agent in 2024

    Mario Stephens

    RE/MAX

    (860) 235-5700

    8 in this area

    126 Total Sales

    Mario Stephens
    Section Image
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Map

Source: SmartMLS

MLS Number: 24076276

SmartMLS

APN: WATE-000133-000000-005801

Connecticut New London County Waterford 06385

29 Olive St, Waterford, CT

This home is located at 29 Olive St, Waterford, CT 06385 since 24 February 2025 and is currently priced at $363,288. This property was built in 1950. 29 Olive St is a home located in New London County with nearby schools including Clark Lane Middle School, Waterford High School, and New London High School Multi-Magnet Campus.

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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