NOT LISTED FOR SALE

38 Williams St New London, CT 06320

Coit Neighborhood

Estimated Value: $283,968 - $406,000

6 Beds
2 Baths
3,320 Sq Ft
$97/Sq Ft Est. Value

Last Sold September 02, 2022

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

Est. 13% increase in value since last sale

Current estimated payment $2,036/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 Agent to Sell the Property

Victoria Schroeder

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

Last Buyer's Agent

Sharon Watson Stokland

List N Show LLC License #RES.0795741

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

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

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
  • Mil Rate Base: 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%
Current Estimated Value
$320,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,992
Avg. Annual Appreciation
3.70%
Original Mortgage
$279,837
Outstanding Balance
$267,458
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$53,534

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
Source: Public Records

Range of Values:

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

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Gesset $279,837
Closed Ramirez Gesset $279,837
Previous Owner Donastorg Nelson $181,550
Previous Owner Donastorg Nelson $181,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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
2025 $4,232 $155,600 $32,600 $123,000
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

  • Victoria Schroeder

    Seller's Agent in 2022

    Victoria Schroeder

    Kazantzis Real Estate, LLC

    (860) 536-5900

    1 in this area

    133 Total Sales

    Victoria Schroeder
    Section Image
  • Sharon Watson Stokland

    Buyer's Agent in 2022

    Sharon Watson Stokland

    List N Show LLC

    (203) 564-3262

    2 in this area

    118 Total Sales

    Sharon Watson Stokland
    Section Image
  • Viviana Penson-Rodriguez

    Seller's Agent in 2016

    Viviana Penson-Rodriguez

    Leaf Realty Group, LLC

    (860) 884-2984

    2 in this area

    124 Total Sales

    Viviana Penson-Rodriguez
    Section Image

  • J

    Seller's Agent in 2016

    Jared Ballestrini

    Berkshire Hathaway Home Services

  • Cheryl Keithan

    Seller's Agent in 2015

    Cheryl Keithan

    Coldwell Banker Realty

    (860) 463-0900

    1 in this area

    61 Total Sales

    Cheryl Keithan
    Section Image
  • Ron Bates

    Buyer's Agent in 2015

    Ron Bates

    Signature Properties of NewEng

    (860) 861-7339

    61 Total Sales

    Ron Bates
    Section Image
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Map

Source: SmartMLS

MLS Number: 170510524

SmartMLS

APN: NLON-000029-000164-000014

Connecticut New London County New London 06320 Coit

38 Williams St, New London, CT

Not Listed for Sale

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