NOT LISTED FOR SALE

Estimated Value: $252,055 - $378,000

5 Beds
2 Baths
2,392 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $199,900 $84 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,170/month

25 Days on Market

Highlights

  • City View
  • No HOA
  • Porch
  • Attic
  • Thermal Windows
  • 2-minute walk to Bartlett Courts Park

About This Home

As of October 2022

Two-family home in New London, near to all amenities. 1st floor apartment has 2 BR's-1 Bath and 2nd floor apartment has 3 BR's-1 Bath and additional space in the walk-up attic, which has a great opportunity for expansion. Common laundry area in the basement. Take a look before it's gone! Need notice to show-both tenants are month-to-month.

Last Listed By

Erin Pepas

RE/MAX on the Bay License #REB.0792942 Listed on: 08/19/2022

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,014

Year Built

  • Built in 1890

Lot Details

  • 6,534 Sq Ft Lot
  • Stone Wall
  • Sloped Lot

Home Design

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

Interior Spaces

  • 2,392 Sq Ft Home
  • Thermal Windows
  • City Views
  • Walkup Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Location

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

Schools

  • Dover Jackson Middle School
  • New London High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,014

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2392
  • Public Record Living Room Sq Ft: 2392
  • Total Sq Ft: 2392
  • Year Built: 1890
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Park, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5046
  • Tax Year Updated Dt: 08/19/2022
  • Directions: Briggs Street to Vauxhall Street to Center Street to West Street.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway, Unfinished, Interior Access
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 39

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Cement

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Dover Jackson
  • High School: New London

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1500
  • Lot Description: City Views, Sloping Lot
  • Zoning: R-2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4014
  • Total Assessed Value: 107590
  • Mil Rate Base: 37.310
  • Mil Rate Total: 37.310
  • Assessor Parcel Number: 2001711

Multi Family

  • Total Multi Family: 9
  • Total Num Of Units: 2

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Dover Jackson
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 21, 2022
Sold by
Materas John M and Materas Teresa M
Bought by
Mertz Shimon
Seller's Agent
Erin Pepas
RE/MAX on the Bay
Buyer's Agent
Ron Donovan
RE/MAX on the Bay
List Price
$199,900
Sold Price
$199,900
Total Days on Market
25
Views
125
Current Estimated Value
$319,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,614
Avg. Annual Appreciation
16.78%
Original Mortgage
$149,900
Interest Rate
6.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Mertz Shimon -- None Available
Mertz Shimon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mertz Shimon $221,250
Closed Mertz Shimon $149,900
Previous Owner Murphy Jane M $135,000
Previous Owner Murphy Jane M $50,000
Previous Owner Murphy Jane M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $199,900 0.0% $84 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $199,900 0.0% $84 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $199,900 -- $84 / 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 $4,573 $166,300 $50,400 $115,900
2023 $4,007 $107,590 $31,500 $76,090
2022 $4,014 $107,590 $31,500 $76,090
2021 $4,083 $107,590 $31,500 $76,090
2020 $4,109 $107,590 $31,500 $76,090
2019 $4,293 $107,590 $31,500 $76,090
2018 $4,317 $98,700 $37,800 $60,900
2017 $4,368 $98,700 $37,800 $60,900
2016 $3,993 $98,700 $37,800 $60,900
2015 $3,898 $98,700 $37,800 $60,900
2014 $3,382 $98,700 $37,800 $60,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170517715

SmartMLS

APN: NLON-000040-000231-000015