NOT LISTED FOR SALE

Estimated Value: $131,000 - $281,000

3 Beds
1 Bath
1,222 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $110,250 $90 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,426/month

42 Days on Market

Highlights

  • Corner Lot
  • Heating System Uses Steam
  • Wood Siding
  • No HOA

About This Home

As of October 2023

Rare opportunity to own this cottage/bungalow style home located on a corner lot of Route 1 and nearby to I95 for easy highway access. Surrounded primarily by commercial properties, sitting on 0.19 acres, and a partially fenced yard. Conveniently located near downtown New London that has many shopping options for family needs and dining options. With a floor plan offering 1,267 square feet of interior living space, three bedrooms and one full bathroom. No garage but has a driveway to provide off-street parking. The property is listed while occupied there will be no interior access available, do not disturb occupants.

Last Listed By

Jonathan Gineo

Silver and Oak Realty License #REB.0790286 Listed on: 07/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,240

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Property is zoned R-1A

Parking

  • Driveway

Home Design

  • 1,222 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,240

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 1222
  • Public Record Living Room Sq Ft: 1222
  • Total Sq Ft: 1222
  • Year Built: 1920
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2528
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 349

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.1900
  • Lot Description: Corner Lot
  • Zoning: R-1A

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3240
  • Total Assessed Value: 87010
  • Mil Rate Base: 37.240
  • Mil Rate Total: 37.240
  • Assessor Parcel Number: 2000748

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Gramajo Ervin
Bought by
Garcia Ervin G and Gramajo Irasema
Total Days on Market
42
Current Estimated Value
$199,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Outstanding Balance
$155,066
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$29,195

Purchase Details

Listed on
Jul 4, 2023
Closed on
Sep 19, 2023
Sold by
Vrmtg Asset T and Us Bank Tna Tr
Bought by
Gramajo Ervin
Seller's Agent
Jonathan Gineo
Silver and Oak Realty
Buyer's Agent
Unrepresent Buyer
Unrepresented Buyer
List Price
$143,000
Sold Price
$110,250
Premium/Discount to List
-$32,750
-22.9%
Views
536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.78%

Purchase Details

Closed on
Apr 14, 2009
Sold by
Scarpa Gary J and Scarpa Ann L
Bought by
Scarpa Gary J and Scarpa Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.94%

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
Garcia Ervin G -- None Available
Garcia Ervin G -- None Available
Gramajo Ervin $110,250 None Available
Gramajo Ervin $110,250 None Available
Scarpa Gary J $129,750 --
Scarpa Gary J $129,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Ervin G $156,000
Closed Garcia Ervin G $156,000
Previous Owner Scarpa Gary J $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $110,250 -22.9% $90 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/04/2023 07/04/23 For Sale $143,000 -- $117 / 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
2024 $3,685 $134,000 $52,100 $81,900
2023 $3,240 $87,010 $41,650 $45,360
2022 $3,246 $87,010 $41,650 $45,360
2021 $3,302 $87,010 $41,650 $45,360
2020 $3,323 $87,010 $41,650 $45,360
2019 $3,472 $87,010 $41,650 $45,360
2018 $3,898 $89,110 $40,040 $49,070
2017 $3,944 $89,110 $40,040 $49,070
2016 $3,605 $89,110 $40,040 $49,070
2015 $3,519 $89,110 $40,040 $49,070
2014 $3,054 $89,110 $40,040 $49,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170582059

SmartMLS

APN: NLON-000034-000218-000040-000001