Seller's Agent in 2023
David Hughes
Century 21 AllPoints Realty
(203) 525-7806
1 in this area
82 Total Sales
393 Ocean Ave New London, CT 06320
Willetts NeighborhoodEstimated Value: $247,555
3
Beds
3
Baths
1,490
Sq Ft
$166/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- 1 Fireplace
- Accessible Ramps
- Property is near public transit
- Walking Distance to Water
- Central Air
About This Home
As of November 2023INVESTORS TAKE NOTICE Make this property your own! One Mile from Ocean Beach and directly across the street from Yale Lawrence Memorial Hospital. Zoned R-1A zone Residential with nonconforming Commercial use approval, was being used as a Professional office for a medial doctor. First floor bedroom with half bath, additional half bath on the main level that is handicap accessible. First floor has a living room with fireplace, a reception area which would be the ideal place for the kitchen to be installed (currently there is no kitchen) with an open concept to the living room. plus 2 additional rooms on the main level that with a little creativity may become your office or dining room or even a 4th bedroom. Second level offers 2 bedrooms, additional room plus a full bath. This homes proximity to Yale Hospital and to Ocean Beach would make an excellent Air BnB. FHA 203K or Conventional Renovation loan is ideal to complete your plan. Has a fully paved rear parking for 30 cars, fenced and private. This is also a great opportunity for the VA renovation loan program to have a new Kitchen and updates! being sold As Is
Last Agent to Sell the Property
Century 21 AllPoints Realty License #RES.0815463 Listed on: 05/04/2023
Last Buyer's Agent
Century 21 AllPoints Realty License #RES.0815463 Listed on: 05/04/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,763
Year Built
- Built in 1945
Lot Details
- 9,148 Sq Ft Lot
- Property is zoned R-1A
Parking
- 30 Parking Spaces
Home Design
- Cape Cod Architecture
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 1,490 Sq Ft Home
- Ceiling Fan
- 1 Fireplace
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
Accessible Home Design
- Grab Bar In Bathroom
- Accessible Ramps
Outdoor Features
- Walking Distance to Water
- Rain Gutters
Location
- Property is near public transit
Utilities
- Central Air
- Radiator
- Heating System Uses Natural Gas
- Fuel Tank Located in Basement
Listing and Financial Details
- Assessor Parcel Number 1997996
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2023
Closed on
Nov 1, 2023
Sold by
Gautam Vibha G
Bought by
Sherman Christopher and Sherman Misha L
Seller's Agent
David Hughes
Century 21 AllPoints Realty
Buyer's Agent
David Hughes
Century 21 AllPoints Realty
List Price
$325,000
Sold Price
$210,000
Premium/Discount to List
-$115,000
-35.38%
Views
1515
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,555
Avg. Annual Appreciation
3.07%
Purchase Details
Closed on
Dec 12, 2016
Sold by
Gautam Vibha G and Basu Lakshmi
Bought by
Gautam Vibha G
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sherman Christopher | $210,000 | None Available | |
| Sherman Christopher | $210,000 | None Available | |
| Sherman Christopher | $210,000 | None Available | |
| Gautam Vibha G | -- | -- | |
| Gautam Vibha G | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2023 11/15/23 | Sold | $210,000 | -8.7% | $141 / Sq Ft |
| 09/20/2023 09/20/23 | Price Changed | $230,000 | -17.6% | $154 / Sq Ft |
| 08/01/2023 08/01/23 | Price Changed | $279,000 | -6.7% | $187 / Sq Ft |
| 06/08/2023 06/08/23 | Price Changed | $299,000 | -6.6% | $201 / Sq Ft |
| 05/24/2023 05/24/23 | Price Changed | $320,000 | -1.5% | $215 / Sq Ft |
| 05/04/2023 05/04/23 | For Sale | $325,000 | -- | $218 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $3,865 | $142,100 | $60,000 | $82,100 |
| 2024 | $3,908 | $142,100 | $60,000 | $82,100 |
| 2023 | $4,763 | $127,890 | $51,030 | $76,860 |
| 2022 | $4,772 | $127,890 | $51,030 | $76,860 |
| 2021 | $4,853 | $127,890 | $51,030 | $76,860 |
| 2020 | $4,884 | $127,890 | $51,030 | $76,860 |
| 2019 | $5,103 | $127,890 | $51,030 | $76,860 |
| 2018 | $5,579 | $127,540 | $48,860 | $78,680 |
| 2017 | $5,645 | $127,540 | $48,860 | $78,680 |
| 2016 | $5,160 | $127,540 | $48,860 | $78,680 |
| 2015 | $5,037 | $127,540 | $48,860 | $78,680 |
| 2014 | $4,371 | $127,540 | $48,860 | $78,680 |
Source: Public Records
Agents Affiliated with this Home
-
David Hughes
Map
Source: SmartMLS
MLS Number: 170567200
APN: NLON-000017-000073-000017
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