NOT LISTED FOR SALE

298 Meridian St Unit E Groton, CT 06340

Estimated Value: $196,000 - $212,000

2 Beds
1 Bath
969 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $95,000 $98 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,584/month

92 Days on Market

About This Home

As of November 2020

Why rent when you can own this spacious 2 bedroom condo. This complex is FHA approved. HOA includes heat, water, hot water, sewer, snow removal and more. Extremely convenient to everything. Close to Washington Park. There are not many homes priced this low so close to EB, Sub base, Pfizer, and Casinos.

Last Agent to Sell the Property

Heide Smith

Coldwell Banker Realty License #RES.0804526 Listed on: 08/07/2020

Coldwell Banker Realty

Last Buyer's Agent

Lisa Neundorf

Castles Condos & Cottages, LLC License #REB.0790250

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 1973

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • 969 Sq Ft Home
  • Frame Construction
  • Aluminum Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, heat, hot water, water, property management
  • 80 Units
  • Ledgewood Condominiums Community
  • Property managed by Thames Harbour

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,451

Year Built

Built in 1973

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Neighborhood: Groton City
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 969
  • Public Record Living Room Sq Ft: 969
  • Total Sq Ft: 969
  • Year Built: 1973
  • Nearby Amenities: Basketball Court, Park, Playground/Tot Lot
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 969
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 298

Exterior Features

  • Exterior Siding: Aluminum
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking, Off Street Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • 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, Property Management
  • Complex Name: Ledgewood Condominiums
  • Levels In Unit: 2
  • HOA Fees: 365
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Manager Email: drew@thamesharbour.com
  • Property Manager Name: Drew Price
  • Property Manager Phone: 860-691-2011
  • Property Mgt Company Name: Thames Harbour

Schools

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

Lot Info

  • Lot Description: N/A
  • Zoning: RM

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 1451
  • Total Assessed Value: 49350
  • Mil Rate Base: 25.110
  • Mil Rate Tax District: 4.300
  • Mil Rate Total: 29.410
  • Assessor Parcel Number: 1950444

Multi Family

  • Total Num Of Units: 80

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
Aug 7, 2020
Closed on
Nov 13, 2020
Sold by
Bolanos Wilson J
Bought by
Bridges Matthew K
Seller's Agent
Heide Smith
Coldwell Banker Realty
Buyer's Agent
Lisa Neundorf
Castles Condos & Cottages, LLC
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Current Estimated Value
$202,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,491
Avg. Annual Appreciation
16.59%
Original Mortgage
$96,662
Outstanding Balance
$86,015
Interest Rate
2.8%
Mortgage Type
Balloon
Estimated Equity
$116,476

Purchase Details

Closed on
Oct 6, 2005
Sold by
Venditti Louis and Venditti Kristen
Bought by
Bolanos Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,560
Interest Rate
5.81%

Purchase Details

Closed on
Oct 20, 1989
Sold by
Goodman Mark
Bought by
Rathburn John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
10.06%
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
Bridges Matthew K -- None Available
Bolanos Wilson $118,200 --
Rathburn John $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridges Matthew K $96,662
Previous Owner Rathburn John $120,000
Previous Owner Rathburn John $94,560
Previous Owner Rathburn John $23,640
Previous Owner Rathburn John $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $95,000 -13.6% $98 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $110,000 -- $114 / 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 $1,882 $65,100 $19,530 $45,570
2024 $1,751 $65,100 $19,530 $45,570
2023 $1,680 $65,100 $0 $65,100
2022 $1,624 $65,100 $0 $65,100
2021 $1,494 $49,350 $0 $49,350
2020 $1,451 $49,350 $0 $49,350
2019 $1,405 $49,350 $0 $49,350
2018 $1,419 $49,350 $0 $49,350
2017 $1,424 $49,350 $0 $49,350
2016 $1,643 $60,480 $0 $60,480
2015 $1,622 $60,480 $0 $60,480
2014 $1,509 $60,480 $0 $60,480
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Heide Smith

    Coldwell Banker Realty

    Section Image
  • Lisa Neundorf

    Buyer's Agent in 2020

    Lisa Neundorf

    Castles Condos & Cottages, LLC

    (860) 445-4048

    3 in this area

    84 Total Sales

    Lisa Neundorf
    Section Image
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Map

Source: SmartMLS

MLS Number: 170324359

SmartMLS

APN: GROT-001689-001961-006351-000298E

Connecticut New London County Groton 06340

298 Meridian St Unit E, Groton, CT

This home is located at 298 Meridian St Unit E, Groton, CT 06340 since 07 August 2020 and is currently estimated at $202,491, approximately $208 per square foot. This property was built in 1973. 298 Meridian St Unit E is a home located in New London County with nearby schools including Pleasant Valley School, Groton Middle School, and Robert E. Fitch 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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