NOT LISTED FOR SALE

Estimated Value: $220,000 - $324,000

2 Beds
1.5 Baths
1,197 Sq Ft
$200/mo HOA Fee

Last Sold June 27, 2022

Last sale price $175,000 $146 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,798/month

122 Days on Market

Highlights

  • Waterfront
  • 1 Fireplace
  • Wood Siding
  • Deck
  • Thermal Windows
  • 3-minute walk to New London Waterfront

About This Home

As of June 2022

Come see this spacious second and third story condo unit in City Flats. Live downtown in this charming and lovely unit in a completely renovated historic home! Large master bedroom and full bath on main living level. Charming Living/Dining/Kitchen area also on main level with a walkout to the back deck and spectacular sunrises over the Thames River. Upper level with family room and second bedroom provides wonderful views and much more space. Updated mechanical system is very efficient. Off street parking in driveway. Schedule a showing today and see this very unique opportunity!

Last Agent to Sell the Property

Timothy Sparen

Beacon Realty Group LLC License #RES.0804980 Listed on: 01/01/2022

Last Buyer's Agent

Kathleen Prater

RE/MAX Realty Group License #RES.0786370

RE/MAX Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 1870

Lot Details

  • 3,615

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,197 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Water Views

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Parking Deck
  • Driveway
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Deck
  • Waterfront
  • Flood Zone Lot

Community Details

  • Association fees include insurance, flood insurance
  • 2 Units
  • City Flats Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,119

Year Built

Built in 1870

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Sq Ft Est Heated Above Grade: 1197
  • Public Record Living Room Sq Ft: 1197
  • Total Sq Ft: 1197
  • Year Built: 1870
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Special Assessment Details: fees include only homeowners insurance
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 1488
  • Directions: Off Bank Street at the Shaw Mansiion
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Appliances: Electric Cooktop, Electric Range, Refrigerator, Dishwasher
  • Attic: No
  • Street Number Modifier: 36

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard, Wood
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Radiant
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Insurance, Flood Insurance
  • Complex Name: City Flats
  • Levels In Unit: 3
  • HOA Fees: 200
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: CBD1

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3119
  • Total Assessed Value: 82180
  • Mil Rate Base: 37.950
  • Mil Rate Total: 37.950
  • Assessor Parcel Number: 1999948

Multi Family

  • Total Num Of Units: 2

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
Jan 1, 2022
Closed on
Jun 27, 2022
Sold by
Ames Dorothy A
Bought by
Maryott Jakeb
Seller's Agent
Timothy Sparen
Beacon Realty Group LLC
Buyer's Agent
Kathleen Prater
RE/MAX Realty Group
List Price
$205,000
Sold Price
$175,000
Premium/Discount to List
-$30,000
-14.63%
Current Estimated Value
$252,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,587
Avg. Annual Appreciation
12.34%
Original Mortgage
$179,025
Outstanding Balance
$171,106
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$84,033
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
Maryott Jakeb $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maryott Jakeb $179,025
Previous Owner Ames Dorothy A $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $175,000 -2.7% $146 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
03/04/2022 03/04/22 Price Changed $179,900 -5.1% $150 / Sq Ft
02/20/2022 02/20/22 Price Changed $189,500 -4.5% $158 / Sq Ft
01/24/2022 01/24/22 Price Changed $198,500 -3.2% $166 / Sq Ft
01/01/2022 01/01/22 For Sale $205,000 -- $171 / 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 $3,182 $117,000 $0 $117,000
2024 $3,218 $117,000 $0 $117,000
2023 $3,060 $82,180 $0 $82,180
2022 $3,066 $82,180 $0 $82,180
2021 $3,119 $82,180 $0 $82,180
2020 $3,138 $82,180 $0 $82,180
2019 $3,279 $82,180 $0 $82,180
2018 $3,595 $82,180 $0 $82,180
2017 $3,637 $82,180 $0 $82,180
2016 $3,325 $82,180 $0 $82,180
2015 $4,141 $104,860 $0 $104,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170459080

SmartMLS

APN: NLON-000013-000137-001202-F000000