$175,000
SOLD AUG 28, 2020

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

$143 Per Sq Ft

24% Below List Price

151 Days on Market

Highlights

  • Waterfront
  • Attic
  • No HOA
  • Cape Cod Architecture
  • 1 Fireplace
  • Wrap Around Porch

About This Home

As of March 2024

Turn of the century-old style cape with a wrap-around porch. Enjoy views of the Thames from across the road and prime seating for the Yale/Regatta races! This home has good bones and some external updating. Roof, siding, windows. A+ location within the village. Great potential in area where renovation is popular. Prior carriage home hence character abounds. The propane unit in the fireplace is 'as is' along with the sale of the home. A deceptively private rear lot. Main floor with laundry/mudroom. Wood flooring throughout, full basement for storage.

Last Agent to Sell the Property

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 03/02/2020

RE/MAX on the Bay

Co-Listed By

Mary Poola

William Raveis Real Estate License #REB.0755915

Last Buyer's Agent

Merry Cassabria

RE/MAX Realty Group License #REB.0756425

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,892

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Waterfront
  • Level Lot
  • Property is zoned R20

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 1,226 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Partial Basement
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

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

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Wrap Around Porch
  • Property is near shops

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,892

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1226
  • Public Record Living Room Sq Ft: 1226
  • Total Sq Ft: 1226
  • Year Built: 1900
  • Nearby Amenities: Medical Facilities, Park, Public Rec Facilities, Shopping/Mall
  • Direct Waterfront: No
  • Encumbrances Restrictions: Subject to Probate
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2537
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Route 12 to Hurlbut follow down to Riverside. Bear left, home on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Partial With Hatchway, Unfinished
  • Appliances: Electric Range, Range Hood, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: 1st mudroom
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: Porch-Wrap Around
  • Exterior Siding: Shake, Cedar, Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1600
  • Lot Description: In Subdivision, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R20

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5892
  • Total Assessed Value: 168490
  • Mil Rate Base: 34.970
  • Mil Rate Total: 34.970
  • Assessor Parcel Number: 1511804

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
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
$410,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,819
Avg. Annual Appreciation
4.32%
Original Mortgage
$369,056
Outstanding Balance
$363,993
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$65,188

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
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 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
Previous Owner $240,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $83,000 Credit Line Revolving
Previous Owner $50,000 No Value Available
Previous Owner $50,000 No Value Available
Previous Owner $63,000 No Value Available
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

    5 in this area

    117 Total Sales

    Section Image
  • James Corby

    Buyer's Agent in 2024

    James Corby

    Real Broker CT, LLC

    (860) 865-8197

    2 in this area

    147 Total Sales

    Section Image
  • Ann Carpenter

    Seller's Agent in 2020

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    2 in this area

    273 Total Sales

    Section Image
  • Mary Poola

    Seller Co-Listing Agent in 2020

    Mary Poola

    William Raveis Real Estate

    (860) 625-1913

    2 in this area

    380 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170277943

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 $175,000, approximately $142 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.

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