NOT LISTED FOR SALE

Estimated Value: $273,734 - $411,000

6 Beds
2 Baths
3,320 Sq Ft
$99/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $285,000 $86 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,189/month

2 Days on Market

Highlights

  • Finished Attic
  • No HOA
  • Baseboard Heating
  • Attic
  • Home Security System

About This Home

As of September 2022

Great for owner occupant or investor! Updated two family home with hard wood floors, newer kitchens, 2 bedrooms on first floor and 2 to 4 bedrooms on second floor apartment. First floor has access to basement where there are 3 finished areas and the laundry. Paved drive way and off street parking. This home is situated close to all the shoreline has to offer. Close to Electric Boat, Ocean Beach, L&M Hospital. Live on the first floor and have the second floor pay most of your mortgage payment. Long time - ON TIME renters leased until March 2023. Walk up attic added more living space for the second floor apartment. First floor has access to finished basement with a room used as a weight room, a full bath, and two additional storage rooms.

Last Listed By

Victoria Schroeder

Kazantzis Real Estate, LLC License #REB.0791202 Listed on: 07/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,356

Year Built

  • Built in 1890

Lot Details

  • 5,663 Sq Ft Lot

Home Design

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Shared Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • New London High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,356

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2520
  • Public Record Living Room Sq Ft: 2520
  • Sq Ft Est Heated Below Grade: 800
  • Total Sq Ft: 3320
  • Year Built: 1890
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4196
  • Tax Year Updated Dt: 08/01/2022
  • Directions: Route 32 SB to Briggs St Exit Right onto Briggs then Right onto Williams, house will be on Right Route I 95 to exit 84East onto Washington St house will be on Right
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Finished
  • Basement Description: Full With Walk-Out, Partially Finished
  • Laundry Room Location: In Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Home Automation: Security System
  • Street Number Modifier: 38

Exterior Features

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

Garage/Parking

  • Garage Parking Info: On Street Parking, Off Street Parking
  • Driveway Type: Private, Shared

Utilities

  • Heat Type: Baseboard
  • 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: New London

Lot Info

  • Acres: 0.1300
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: Residential

Multi Family

  • Gross Annual Income: 18000
  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3356
  • Total Assessed Value: 89950
  • Mil Rate Base: 37.310
  • Mil Rate Total: 37.310
  • Assessor Parcel Number: 2000139

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 2, 2022
Sold by
Maruzo William
Bought by
Ramirez Gesset
Seller's Agent
Victoria Schroeder
Kazantzis Real Estate, LLC
Buyer's Agent
Sharon Watson Stokland
List N Show LLC
List Price
$255,000
Sold Price
$285,000
Premium/Discount to List
$30,000
11.76%
Total Days on Market
2
Current Estimated Value
$327,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,184
Avg. Annual Appreciation
5.19%
Original Mortgage
$279,837
Outstanding Balance
$269,297
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$57,887

Purchase Details

Listed on
Aug 24, 2016
Closed on
Aug 12, 2016
Sold by
American Property Grou
Bought by
Maruzo William
Seller's Agent
Jared Ballestrini
Berkshire Hathaway NE Prop.
Buyer's Agent
Jared Ballestrini
Berkshire Hathaway NE Prop.
Sold Price
$1,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$181,550
Interest Rate
2.62%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 8, 2015
Closed on
Apr 16, 2015
Sold by
Us Bank Na
Bought by
American Property Grou
Seller's Agent
Cheryl Keithan
Coldwell Banker Realty
Buyer's Agent
Ron Bates
Signature Properties of NewEng
List Price
$71,500
Sold Price
$61,000
Premium/Discount to List
-$10,500
-14.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.20%

Purchase Details

Listed on
Feb 8, 2015
Closed on
Feb 26, 2015
Sold by
Bank Of America Na
Bought by
Us Bank Na
Seller's Agent
Cheryl Keithan
Coldwell Banker Realty
Buyer's Agent
Ron Bates
Signature Properties of NewEng
List Price
$71,500
Sold Price
$61,000
Premium/Discount to List
-$10,500
-14.69%

Purchase Details

Closed on
Dec 2, 2014
Sold by
Donastorg Nelson D
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 11, 2003
Sold by
Wimberly Charles
Bought by
Donastorg Nelson and Morel Alexandra

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in New London, CT

  • 69 West St, New London, CT 06320

    $295,000

    • 5 Beds
    • 2.5 Baths
    • 1,958 Sq Ft
    • 69 West St
    • New London, CT

    ** OFFER DEADLINE 4/30/25 at 9AM ** This charming multifamily home offers two spacious units, perfect for extended family living or passive rental income. The first unit features 2 bedrooms and 1 bathroom on the first floor, while the second unit features 3 bedrooms and 1.5 baths on the second and third floors. There is convenient on-street and off-street parking available, and a private

    Stephanie Rush RE/MAX Legends

    Section Image
  • 7 Griswold Ct, New London, CT 06320

    $339,900

    • 6 Beds
    • 3 Baths
    • 2,040 Sq Ft
    • 7 Griswold Ct
    • New London, CT

    Nice opportunity for investor or owner occupied! Multi-family with 3 units all nicely updated within the past 5 years. Easy to maintain and manage, each unit has individual electricity as a heat source. Water/sewer is absorbed by the owner/landlord. This building will convey with 6 Griswold Ct. parcel across from the house. This offers off street tenant parking, a nice bonus in New London. This

    Mary Poola William Raveis Real Estate

    Section Image
  • 25 W Coit St, New London, CT 06320

    $289,900

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft
    • 25 W Coit St
    • New London, CT

    Recently renovated duplex offering a fantastic investment opportunity for first-time homeowners or savvy investors. This beautifully maintained property features two separate units, making it ideal for owner-occupancy with the added benefit of rental income. There is a 2 bed, 1 bath on the first floor and a 2 bed, 1.5 bath on the second floor. Both units feature modern kitchens and fresh

    Reign Kinseley Alpha Capital Realty, LLC

    Section Image
  • 26 Connecticut Ave, New London, CT 06320

    $299,900

    • 5 Beds
    • 2 Baths
    • 1,776 Sq Ft
    • 26 Connecticut Ave
    • New London, CT

    Presenting a wonderful opportunity for both savvy investors and owner-occupants alike with this 2 family style property. The standout second-floor unit has been thoughtfully remodeled. Step into a sunlit living space featuring an inviting layout that includes a living room, formal dining area, three generously sized bedrooms, and a partially finished attic perfect for added flexibility or

    Jonathan Gineo Silver and Oak Realty

    Section Image
  • 42 Spring St, New London, CT 06320

    $259,000

    • 4 Beds
    • 2 Baths
    • 1,760 Sq Ft
    • 42 Spring St
    • New London, CT

    Welcome to 42 Spring St., New London! This two-unit multifamily home is full of potential-and opportunity. With off-street parking and a detached garage, it's ideal for attracting long-term renters. Located within a short commute to Electric Boat, the casinos, and the train station, this property offers convenience and connectivity for tenants and owners alike. Yes, she needs a little TLC to

    Jack Wesa William Raveis Real Estate

    Section Image
  • 77 Colman St, New London, CT 06320

    $349,900

    • 7 Beds
    • 3 Baths
    • 1,862 Sq Ft
    • 77 Colman St
    • New London, CT

    Great Investment Two Three Bedroom Units and One Bedroom unit on lower level. One unit is occupied.

    Ronald Forcier Century 21 AllPoints Realty

    Section Image
  • 29 Cape Ann Ct, New London, CT 06320

    $249,900

    • 4 Beds
    • 3 Baths
    • 1,806 Sq Ft
    • 29 Cape Ann Ct
    • New London, CT

    ** OFFER DEADLINE 5/6/25 at 6PM ** Located on a quiet cul-de-sac with a park at the end of the street, this two-family home is a great opportunity for investors or owner-occupants. Both units are currently rented month-to-month, offering flexibility-tenants are willing to stay or move out ASAP if needed. The first-floor unit features 2 bedrooms, 2 full bathrooms, a spacious kitchen, and basement

    Oriel Hayer Real Broker CT, LLC

    Section Image
  • 4 Tinker Ct, New London, CT 06320

    $340,000

    • 6 Beds
    • 2 Baths
    • 2,340 Sq Ft
    • 4 Tinker Ct
    • New London, CT

    Don't miss this fantastic opportunity to own a multi-family property in the heart of New London! Located on at 4 Tinker Court offers solid rental potential with multiple units, off-street parking, and convenient access to schools, shopping, and highways. Unit A offer 4 bedrooms and Unit B offers 2 bedrooms. Whether you're an investor or looking to live in one unit and rent the others, this is a

    Cathy Gonyo RE/MAX Legends

    Section Image
  • 48 Moore Ave, New London, CT 06320

    $389,000

    • 5 Beds
    • 3 Baths
    • 2,074 Sq Ft
    • 48 Moore Ave
    • New London, CT

    Two family home in New London with easy access to Electric Boat, L+M Hospital, beaches, and the downtown. Downstairs unit with two bedrooms and one full bath. Upstairs unit with three bedrooms and two full baths. Spacious living areas. Each unit has its own covered porch. Separate utilities for each, and separate hookups for washer and dryer in the large walk-out basement. 2-car garage and

    Oscar Barrera William Raveis Real Estate

    Section Image

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
Ramirez Gesset $285,000 None Available
Maruzo William $184,900 --
American Property Grou $61,000 --
Us Bank Na -- --
Bank Of America Na -- --
Donastorg Nelson $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Gesset $279,837
Previous Owner Wimberly Charles R $181,550
Previous Owner Wimberly Charles R $181,550
Previous Owner Wimberly Charles R $12,817
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $285,000 +11.8% $86 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $255,000 0.0% $77 / Sq Ft
09/26/2016 09/26/16 Rented $1,250 0.0% --
09/02/2016 09/02/16 Price Changed $1,250 -10.7% $1 / Sq Ft
08/24/2016 08/24/16 For Rent $1,400 0.0% --
08/12/2016 08/12/16 Sold $184,900 0.0% $46 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $184,900 +203.1% $46 / Sq Ft
04/16/2015 04/16/15 Sold $61,000 -14.7% $30 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
02/08/2015 02/08/15 For Sale $71,500 -- $35 / 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 $4,279 $155,600 $32,600 $123,000
2023 $3,350 $89,950 $13,650 $76,300
2022 $3,356 $89,950 $13,650 $76,300
2021 $3,414 $89,950 $13,650 $76,300
2020 $3,435 $89,950 $13,650 $76,300
2019 $3,589 $89,950 $13,650 $76,300
2018 $3,561 $81,410 $17,360 $64,050
2017 $3,603 $81,410 $17,360 $64,050
2016 $2,710 $66,990 $17,360 $49,630
2015 $2,645 $66,990 $17,360 $49,630
2014 -- $66,990 $17,360 $49,630
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170510524

SmartMLS

APN: NLON-000029-000164-000014