NOT LISTED FOR SALE

368 Broad St New London, CT 06320

Estimated Value: $310,739 - $345,000

4 Beds
2 Baths
1,900 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $299,000 $157 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,246/month

85 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Porch
  • Property is near public transit
  • Bonus Room
  • 4-minute walk to Mahan Park

About This Home

As of April 2024

Price Reduced* Uncover the potential of this 4-bedroom, 2-bathroom single family home, situated in New London, CT. This residence accompanies a detached garage, and ample driveway parking. Four bedrooms, full basement and attic, plus a den provide an abundance of room for your comfort and versatility. The kitchen was recently updated and provides a canvas for unlimited potential. Previously zoned as mixed-use, this property has recently been converted to single-family living. This transformation opens the door to a myriad of possibilities—let your imagination run wild!

Last Listed By

angelina frascarelli

RE/MAX One License #RES.0829661 Listed on: 02/01/2024

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,822

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned R4

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Ceiling Fan
  • Bonus Room
  • Walkup Attic
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Garage
  • Private Driveway

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Heating System Uses Steam
  • Gas Available at Street
  • Fuel Tank Located in Basement

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 2001554

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,822

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1900
  • Total Sq Ft: 1900
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3940
  • Directions: per gps.
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full
  • Appliances: Electric Range, Refrigerator
  • Additional Rooms: Bonus Room
  • Laundry Room Location: basement
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 368

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Private
  • Total Parking Spaces: 5
  • Garage And Parking: Detached Garage, Driveway

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Steam
  • Heat Fuel Type: Gas In Street
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.23
  • Lot Description: N/A
  • Zoning: R4
  • Parcel #: 2001554

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6822
  • Total Assessed Value: 183190
  • Mil Rate Total: 37.24

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
Feb 1, 2024
Closed on
Apr 26, 2024
Sold by
Shoreline Invs Llc
Bought by
Martinez Ricardo
Seller's Agent
angelina frascarelli
RE/MAX One
Buyer's Agent
Stephanie Rush
RE/MAX Legends
List Price
$329,900
Sold Price
$299,000
Premium/Discount to List
-$30,900
-9.37%
Total Days on Market
85
Views
254
Current Estimated Value
$324,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,435
Avg. Annual Appreciation
7.85%
Original Mortgage
$239,200
Outstanding Balance
$236,865
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$87,570

Purchase Details

Closed on
Jul 14, 2023
Sold by
Eastern Ct Hsng Opportuni
Bought by
Shoreline Invs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2022
Sold by
Safe Futures Inc
Bought by
Eastern Ct Hsng Oppor

Purchase Details

Closed on
Dec 20, 2019
Sold by
368 Broad Street Llc
Bought by
Safe Futures Inc

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
Martinez Ricardo $299,000 None Available
Martinez Ricardo $299,000 None Available
Shoreline Invs Llc $169,000 None Available
Shoreline Invs Llc $169,000 None Available
Eastern Ct Hsng Oppor -- None Available
Eastern Ct Hsng Oppor -- None Available
Safe Futures Inc -- None Available
Safe Futures Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ricardo $239,200
Closed Martinez Ricardo $239,200
Previous Owner Shoreline Invs Llc $185,000
Previous Owner 368 Broad St Llc $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $299,000 0.0% $157 / Sq Ft
02/29/2024 02/29/24 Price Changed $299,000 -9.4% $157 / Sq Ft
02/01/2024 02/01/24 For Sale $329,900 -- $174 / 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 $5,159 $187,600 $62,500 $125,100
2023 $6,822 $183,190 $109,900 $73,290
2022 $6,835 $183,190 $109,900 $73,290
2021 $6,952 $183,180 $109,890 $73,290
2020 $6,996 $183,190 $109,900 $73,290
2019 $7,309 $183,190 $109,900 $73,290
2018 $7,777 $177,800 $102,550 $75,250
2017 $7,869 $177,800 $102,550 $75,250
2016 $7,194 $177,800 $102,550 $75,250
2015 $7,021 $177,800 $102,550 $75,250
2014 $6,093 $177,800 $102,550 $75,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170622213

SmartMLS

APN: NLON-000040-000223-000008

Connecticut New London County New London 06320

368 Broad St, New London, CT

Homes for Sale in New London, CT

This home is located at 368 Broad St, New London, CT 06320 since 01 February 2024 and is currently estimated at $324,435, approximately $170 per square foot. This property was built in 1900. 368 Broad St is a home located in New London County with nearby schools including Harbor Elementary School, Bennie Dover Jackson Middle School, and New London High School.

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