NOT LISTED FOR SALE

Estimated Value: $335,000 - $360,824

4 Beds
2.5 Baths
2,640 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $300,000 $114 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,300/month

98 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • 4-minute walk to Williams Memorial Park
  • No HOA

About This Home

As of September 2022

Excellent opportunity for the investor or owner/user. Across from the Shaws Cove Business Park is a well maintained 2 family with ground floor retail (bakery). Apartment kitchens remodeled in 2018 and 2020. The bakery equipment negotiable. One apt has 2 BR and 1.5 BA. Other apt has 2BR and 1 BA. Private yard, balcony-deck. Zone C-1. Public water/sewer/gas. Built 1900 and renovated 2008. Taxes $4,168. On-street parking only. For Sale $309,000.

Last Agent to Sell the Property

John Jensen

Pequot Commercial Real Estate License #REB.0795414 Listed on: 04/05/2022

Last Buyer's Agent

Jason Pollard

Compass Connecticut, LLC License #RES.0819432

Compass Connecticut, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Side-by-Side
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Heated Basement
  • Walk-Out Basement

Location

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

Schools

  • New London High School

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,224

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1830
  • Public Record Living Room Sq Ft: 1830
  • Sq Ft Est Heated Below Grade: 810
  • Total Sq Ft: 2640
  • Year Built: 1900
  • Nearby Amenities: Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2928
  • Tax Year Updated Dt: 08/01/2022
  • Directions: From Bank St, burn onto Shaw St. On right.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Heated, Walk-out
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: No
  • Street Number Modifier: 39

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot Description: N/A
  • Zoning: C-1

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4224
  • Total Assessed Value: 109830
  • Mil Rate Base: 37.310
  • Mil Rate Tax District: 1.150
  • Mil Rate Total: 38.460
  • Assessor Parcel Number: 1999714

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Sep 9, 2022
Sold by
Argilagos Lisa
Bought by
Obrien Padraig R
Seller's Agent
John Jensen
Pequot Commercial Real Estate
Buyer's Agent
Jason Pollard
Compass Connecticut, LLC
List Price
$309,000
Sold Price
$300,000
Premium/Discount to List
-$9,000
-2.91%
Total Days on Market
98
Current Estimated Value
$350,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,206
Avg. Annual Appreciation
5.83%
Original Mortgage
$223,500
Outstanding Balance
$214,791
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$135,415

Purchase Details

Closed on
Dec 19, 2003
Sold by
Argilagos Fred
Bought by
Argilagos James and Argilagos Lisa

Purchase Details

Closed on
Oct 16, 1991
Sold by
Resolution Trust Corp
Bought by
Argilagos Fred

Purchase Details

Closed on
Mar 6, 1987
Sold by
Donovan John J
Bought by
Fleming Ian G
Source: Public Records

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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
Obrien Padraig R $300,000 None Available
Obrien Padraig R $300,000 None Available
Obrien Padraig R $300,000 None Available
Argilagos James $135,000 --
Argilagos James $135,000 --
Argilagos Fred $64,000 --
Argilagos Fred $64,000 --
Fleming Ian G $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Padraig R $223,500
Closed Obrien Padraig R $223,500
Previous Owner Fleming Ian G $104,000
Previous Owner Fleming Ian G $40,335
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $300,000 -2.9% $114 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $309,000 0.0% $117 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $309,000 -- $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 $5,295 $185,800 $39,300 $146,500
2023 $4,737 $123,270 $31,430 $91,840
2022 $4,224 $109,830 $31,430 $78,400
2021 $4,300 $109,830 $31,430 $78,400
2020 $4,326 $109,830 $31,430 $78,400
2019 $4,514 $109,830 $31,430 $78,400
2018 $3,839 $85,050 $30,240 $54,810
2017 $3,764 $85,050 $30,240 $54,810
2016 $3,558 $85,050 $30,240 $54,810
2015 $3,359 $85,050 $30,240 $54,810
2014 $2,915 $85,050 $30,240 $54,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170479763

SmartMLS

APN: NLON-000026-000122-000011-000002