$405,000
SOLD MAR 22, 2024

3 Riverside Place Gales Ferry, CT 06335

Gales Ferry Neighborhood
3 Beds
1.5 Baths
1,226 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$330 Per Sq Ft

4% Below List Price

103 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Covered Deck
  • Attic
  • Thermal Windows
  • Patio

About This Home

As of March 2024

They say location is everything! This sweet home has unobstructed views of the Thames River! Sit on your incredible wrap around porch and enjoy the Harvard-Yale Regatta, or just the beauty of the water. This is such a quiet and serene setting to enjoy life! There is also a boat launch for easy access to the River. Home features an updated kitchen with white granite counter tops, new cabinets and stainless steel appliances. Home has a new roof-so no worries there. Wood floors throughout and four new split heating and air conditioning units to keep you at a comfortable temperature all year long. Don't let this amazing home in historic Gales Ferry Village pass you by.

Last Agent to Sell the Property

Merry Cassabria

RE/MAX Realty Group License #REB.0756425 Listed on: 12/04/2023

RE/MAX Realty Group

Last Buyer's Agent

James Corby

Real Broker CT, LLC License #REB.0794596

Real Broker CT, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,327

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Garden
  • Property is zoned R20

Parking

  • Private Driveway

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,226 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Concrete Flooring
  • Attic

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space
  • Basement Storage

Outdoor Features

  • Covered Deck
  • Patio
  • Rain Gutters

Location

  • Property is near public transit

Schools

  • Gales Ferry Elementary School
  • Ledyard Middle School
  • Ledyard High School

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1511804

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,327

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Single Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 1226
  • Total Sq Ft: 1226
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Library, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2537
  • Directions: Route 12 to Hurlbutt Road to Riverside Place and bear left. Home on left.
  • Financing Used: VA
  • Living Area Sq Ft Per Public Record: 1226
  • Spec Assoc Asses: No
  • Street Type: Place
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Hatchway, Crawl Space, Unfinished, Concrete Floor, Storage
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: Covered Deck, Garden Area, Gutters, Patio
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access River Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Other
  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: Central Air, Wall Unit
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Gales Ferry
  • Middle School: Ledyard
  • High School: Ledyard
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.16
  • Lot Description: Open Lot Level Lot
  • Zoning: R20
  • Parcel #: 1511804

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5327
  • Total Assessed Value: 154140
  • Mil Rate Total: 34.56
  • Tax District Amount: 31

MLS Schools

  • Elementary School: Gales Ferry
  • Middle Jr High School: Ledyard
  • High School: Ledyard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Mar 22, 2024
Sold by
Burgess Paul L and Burgess Deborah S
Bought by
Willis Heather
Seller's Agent
Merry Cassabria
RE/MAX Realty Group
Buyer's Agent
James Corby
Real Broker CT, LLC
List Price
$419,900
Sold Price
$405,000
Premium/Discount to List
-$14,900
-3.55%
Views
168
Current Estimated Value
$433,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,395
Avg. Annual Appreciation
4.53%
Original Mortgage
$369,056
Outstanding Balance
$362,929
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$70,466

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 26, 2020
Sold by
Sewall Margaret P and Sewall Megan C
Bought by
Burgess Paul L and Burgess Deborah S
Seller's Agent
Ann Carpenter
RE/MAX on the Bay
Buyer's Agent
Merry Cassabria
RE/MAX Realty Group
List Price
$229,000
Sold Price
$175,000
Premium/Discount to List
-$54,000
-23.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.50%
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 Type Sale Price Title Company
Warranty Deed $405,000 None Available
Warranty Deed $405,000 None Available
Executors Deed $175,000 None Available
Executors Deed $175,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $369,056 FHA
Closed $369,056 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $405,000 -3.5% $330 / Sq Ft
12/09/2023 12/09/23 For Sale $419,900 +139.9% $342 / Sq Ft
08/28/2020 08/28/20 Sold $175,000 -12.1% $143 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $199,000 -4.8% $162 / Sq Ft
04/03/2020 04/03/20 Price Changed $209,000 -4.6% $170 / Sq Ft
03/15/2020 03/15/20 Price Changed $219,000 -4.4% $179 / Sq Ft
03/02/2020 03/02/20 For Sale $229,000 -- $187 / 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 $5,751 $154,840 $81,200 $73,640
2024 $5,427 $154,140 $81,200 $72,940
2023 $5,327 $154,140 $81,200 $72,940
2022 $5,213 $154,140 $81,200 $72,940
2021 $5,179 $154,140 $81,200 $72,940
2020 $5,892 $168,490 $86,800 $81,690
2019 $4,712 $180,180 $86,800 $93,380
2018 $6,178 $180,180 $86,800 $93,380
2017 $5,863 $180,180 $86,800 $93,380
2016 $5,748 $180,180 $86,800 $93,380
2015 $5,477 $180,180 $86,800 $93,380
2014 $5,538 $185,220 $86,800 $98,420
Source: Public Records

Agents Affiliated with this Home

  • Merry Cassabria

    Seller's Agent in 2024

    Merry Cassabria

    RE/MAX

    (860) 625-5385

    4 in this area

    109 Total Sales

    Merry Cassabria
    Section Image
  • James Corby

    Buyer's Agent in 2024

    James Corby

    Real Broker CT, LLC

    (860) 865-8197

    2 in this area

    148 Total Sales

    James Corby
    Section Image
  • Ann Carpenter

    Seller's Agent in 2020

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    1 in this area

    258 Total Sales

    Ann Carpenter
    Section Image
  • Mary Poola

    Seller Co-Listing Agent in 2020

    Mary Poola

    William Raveis Real Estate

    (860) 625-1913

    1 in this area

    367 Total Sales

    Mary Poola
    Section Image
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Map

Source: SmartMLS

MLS Number: 170613310

SmartMLS

APN: LEDY-000075-002070-000003

Connecticut New London County Gales Ferry 06335 Gales Ferry

3 Riverside Place, Gales Ferry, CT

This home is located at 3 Riverside Place, Gales Ferry, CT 06335 and is currently priced at $405,000, approximately $330 per square foot. This property was built in 1900. 3 Riverside Place is a home located in New London County with nearby schools including Ledyard Middle School, Ledyard High School, and Academy Of St Therese.

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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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