NOT LISTED FOR SALE

294 Meridian St Unit B Groton, CT 06340

Estimated Value: $201,000 - $219,000

2 Beds
1 Bath
969 Sq Ft
$340/mo HOA Fee

Last Sold September 27, 2017

Last sale price $100,000 $103 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,598/month

42 Days on Market

Highlights

  • Open Floorplan
  • Rowhouse Architecture
  • Park
  • Property is near public transit
  • Community Playground
  • Public Transportation

About This Home

As of September 2017

Wonderful move in 2 Bedroom Condo, renovated down to the studs, and rebuilt with an amazing kitchen and bathroom. Nice backyard and room for plantings and a garden. The kitchen and bath renovation are really amazing!
Close to EB and Pfizer and the Subase! Mortgage will be less than rent for similar space in Groton!
Back on the market because buyer did not qualify for mortgage.

Last Agent to Sell the Property

Bonnie Nault

Bonnie A. Nault, Broker License #REB.0790428 Listed on: 07/19/2017

Last Buyer's Agent

Michelle Mayo

eXp Realty License #RES.0789413

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1973

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Rowhouse Architecture
  • Vinyl Siding

Interior Spaces

  • 969 Sq Ft Home
  • Open Floorplan

Kitchen

  • Electric Cooktop
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Guest Parking
  • Visitor Parking
  • Parking Lot

Schools

  • Catherine Kolnaski Magnet Elementary School
  • West Side Middle School
  • Fitch Senior High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Property is near public transit

Community Details

Overview

  • Association fees include grounds maintenance, heat, hot water, property management, snow removal, trash pickup, water
  • 40 Units
  • Property managed by Ledgewood

Amenities

  • Public Transportation

Recreation

  • Community Playground
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,440

Year Built

Built in 1973

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Neighborhood: Groton City
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Row House
  • Public Record Living Room Sq Ft: 969
  • Total Sq Ft: 969
  • Year Built: 1973
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation
  • Association Amenities: Guest Parking, Park, Playground/Tot Lot
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 969
  • Directions: Take Clarence B Sharp to Meridian Street, take a right across from the Groton City Municipal Building andat the yellow fire hydrant turn into the condo complex!
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Dryer, Electric Range, Electric Cooktop, Refrigerator, Range Hood, Washer
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 294

Exterior Features

  • Exterior Features: Gutters
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking, Parking Lot
  • Driveway Type: Asphalt
  • Total Parking Spaces: 1

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Heat, Hot Water, Property Management, Snow Removal, Trash Pickup, Water
  • Levels In Unit: 2
  • HOA Fees: 340
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Ledgewood
  • Property Mgt Phone: Ledgewood

Schools

  • Elementary School: Catherine Kolnaski Magnet
  • High School: Fitch Senior
  • Intermediate School: West Side

Lot Info

  • Flood Zone: No

Rental Info

  • Pets Allowed Info: yes
  • Lease Purchase: No
  • Pets Allowed: Yes
  • Tenant Responsibility: Cable TV, Credit Check, Electricity, Liability Insurance

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 1440
  • Total Assessed Value: 49910
  • Mil Rate Total: 23.630
  • Assessor Parcel Number: 1950417

Multi Family

  • Total Num Of Units: 40

MLS Schools

  • Elementary School: Catherine Kolnaski Magnet
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Sep 27, 2017
Sold by
Kita Marek and Kita Beata
Bought by
Reinhart Jeffrey E
Seller's Agent
Bonnie Nault
Bonnie A. Nault, Broker
Buyer's Agent
Michelle Mayo
eXp Realty
List Price
$99,500
Sold Price
$100,000
Premium/Discount to List
$500
0.5%
Current Estimated Value
$209,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,894
Avg. Annual Appreciation
9.61%
Original Mortgage
$98,188
Outstanding Balance
$82,168
Interest Rate
3.89%
Mortgage Type
FHA
Estimated Equity
$127,726

Purchase Details

Closed on
Aug 1, 1987
Sold by
Ledgewood Groton Lp
Bought by
Higinbottom Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
10.43%
Source: Public Records

Range of Values:

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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
Reinhart Jeffrey E -- --
Higinbottom Mark $76,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinhart Jeffrey E $98,188
Closed Reinhart Jeffrey E $8,500
Previous Owner Higinbottom Mark $54,300
Previous Owner Higinbottom Mark $54,300
Previous Owner Higinbottom Mark $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2017 09/27/17 Sold $100,000 +0.5% $103 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $99,500 +62.0% $103 / Sq Ft
02/07/2017 02/07/17 Sold $61,425 +33.5% $63 / Sq Ft View Prior Sale
01/18/2017 01/18/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $46,000 -- $47 / 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 $1,898 $65,660 $19,698 $45,962
2024 $1,766 $65,660 $19,698 $45,962
2023 $1,694 $65,660 $0 $65,660
2022 $1,638 $65,660 $0 $65,660
2021 $1,511 $49,910 $0 $49,910
2020 $1,468 $49,910 $0 $49,910
2019 $1,421 $49,910 $0 $49,910
2018 $1,435 $49,910 $0 $49,910
2017 $1,440 $49,910 $0 $49,910
2016 $1,650 $60,760 $0 $60,760
2015 $1,629 $60,760 $0 $60,760
2014 $1,516 $60,760 $0 $60,760
Source: Public Records

Agents Affiliated with this Home

  • Bonnie Nault

    Seller's Agent in 2017

    Bonnie Nault

    Bonnie A. Nault, Broker

    (860) 733-3722

    1 in this area

    12 Total Sales

    Bonnie Nault
    Section Image
  • Joanne Putnam

    Seller's Agent in 2017

    Joanne Putnam

    DB Associates of CT, LLC

    (860) 227-0849

    1 in this area

    42 Total Sales

    Joanne Putnam
    Section Image

  • M

    Buyer's Agent in 2017

    Michelle Mayo

    eXp Realty

    Section Image
  • Bette Giesing

    Buyer's Agent in 2017

    Bette Giesing

    IMT Realty

    (860) 912-3213

    11 in this area

    50 Total Sales

    Bette Giesing
    Section Image
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Map

Source: SmartMLS

MLS Number: E10238576

SmartMLS

APN: GROT-001689-001961-006351-000294B

Connecticut New London County Groton 06340

294 Meridian St Unit B, Groton, CT

This home is located at 294 Meridian St Unit B, Groton, CT 06340 since 19 July 2017 and is currently estimated at $209,894, approximately $216 per square foot. This property was built in 1973. 294 Meridian St Unit B is a home located in New London County with nearby schools including Pleasant Valley School, Groton Middle School, and Robert E. Fitch High School.

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