NOT LISTED FOR SALE

40 Niles Hill Rd New London, CT 06320

South New London Neighborhood

Estimated Value: $466,000 - $545,000

3 Beds
2 Baths
1,759 Sq Ft
$282/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $430,000 $244 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,376/month

1 Day on Market

Highlights

  • 0.42 Acre Lot
  • 1 Fireplace
  • Level Lot
  • Cape Cod Architecture
  • Heating System Uses Steam

About This Home

As of May 2023

Welcome to this elegant 3 bedroom, 2 full bathroom Cape Cod, whose design and construction was the vision of a famous architect, Royal Barry Wills. Wills was an American architect who is known for his work in popularizing the Cape Cod-style home, which he believed represented the essence of New England architecture. He designed homes that were simple yet elegant, often incorporating features like pitched roofs, chimneys, and dormer windows. Wills' believed that a home should be designed to suit the needs of its occupants and should be both functional and beautiful. Wills' work has left a lasting impact on American architecture, and his homes remain highly sought after today. This stunning property is situated on a picturesque lot and boasts warm character throughout. The inviting living room with a cozy fireplace and gleaming hardwood floors leads you to the formal dining room, perfect for hosting guests. The kitchen features custom cabinetry, stainless steel appliances, and granite countertops, making it any cook’s dream. A tranquil terrace leads you into the backyard and completes the main level. Upstairs, two additional bedrooms and a second full bathroom offer ample space for your family or guests. Conveniently located near schools, shops, and restaurants, this is a Royal Barry Wills masterpiece you don't want to miss! HIGHEST & BEST DUE MONDAY MAY 8 no later than 12 NOON

Last Agent to Sell the Property

Nicholas Tarquino

Carbutti & Co., Realtors License #RES.0817562 Listed on: 04/27/2023

Last Buyer's Agent

Bailey Frankewicz

RE/MAX on the Bay License #RES.0824695

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,072

Year Built

  • Built in 1938

Lot Details

  • 0.42 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 1,759 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 1996175

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,072

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1759
  • Total Sq Ft: 1759
  • Year Built: 1938
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3854
  • Directions: Use GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1759
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full
  • Appliances: Gas Range, Oven/Range, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Laundry Room Location: Basement
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 40

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Ductless, Window Unit
  • Heat Type: Steam, Other
  • Heat Fuel Type: Gas In Street, Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: 30 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.42
  • Lot Description: Level Lot
  • Zoning: R-1
  • Parcel #: 1996175

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7072
  • Total Assessed Value: 189560
  • Mil Rate Total: 37.31

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 30, 2023
Sold by
Cashdan Marjorie and House Rolande D
Bought by
Massad Alexa I and Powers Jack N
Seller's Agent
Nicholas Tarquino
Carbutti & Co., Realtors
Buyer's Agent
Bailey Frankewicz
RE/MAX on the Bay
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%
Views
98
Current Estimated Value
$496,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,250
Avg. Annual Appreciation
7.45%
Original Mortgage
$400,000
Outstanding Balance
$389,728
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$116,083

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 28, 2022
Sold by
Shrallow Jeffry
Bought by
Cashdan Marjorie and House Rolande D
Seller's Agent
Chris Dixon
William Raveis Real Estate
Buyer's Agent
David Schneider
HERE Realty
List Price
$349,900
Sold Price
$380,000
Premium/Discount to List
$30,100
8.6%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.26%

Purchase Details

Listed on
Feb 22, 2019
Closed on
Apr 26, 2019
Sold by
Boyle Jerome F and Boyle Kathleen R
Bought by
Shrallow Jeffrey
Seller's Agent
Scott Pellerin
Coldwell Banker Realty
Buyer's Agent
Chris Dixon
William Raveis Real Estate
List Price
$310,000
Sold Price
$297,500
Premium/Discount to List
-$12,500
-4.03%

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
$232,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 31, 2015
Sold by
Gibbs Robert D and Gibbs Judith C
Bought by
Boyle Jerome F and Boyle Kathleen R
Seller's Agent
Ann Stewart
William Pitt Sotheby's Int'l
Buyer's Agent
Jan Dennis
Coldwell Banker Realty
List Price
$289,000
Sold Price
$273,000
Premium/Discount to List
-$16,000
-5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
Nov 30, 1998
Sold by
Arnold Lester J and Arnold Sharon S
Bought by
Gillbs Robert D and Gibbs Judith C
Source: Public Records

Range of Values:

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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
Massad Alexa I $430,000 None Available
Massad Alexa I $430,000 None Available
Cashdan Marjorie $380,000 None Available
Cashdan Marjorie $380,000 None Available
Shrallow Jeffrey $297,500 --
Shrallow Jeffrey $297,500 --
Boyle Jerome F $273,000 --
Boyle Jerome F $273,000 --
Gillbs Robert D $139,000 --
Gillbs Robert D $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massad Alexa I $400,000
Closed Massad Alexa I $400,000
Previous Owner Shrallow Jeffrey $232,000
Previous Owner Arnold Lester J $137,300
Previous Owner Arnold Lester J $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $430,000 +7.5% $244 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $399,900 +5.2% $227 / Sq Ft
09/29/2022 09/29/22 Sold $380,000 +8.6% $216 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $349,900 +17.6% $199 / Sq Ft
04/26/2019 04/26/19 Sold $297,500 -4.0% $169 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $310,000 +13.6% $176 / Sq Ft
07/31/2015 07/31/15 Sold $273,000 -5.5% $155 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $289,000 -- $164 / 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 $8,125 $298,700 $103,200 $195,500
2024 $8,214 $298,700 $103,200 $195,500
2023 $7,059 $189,560 $76,580 $112,980
2022 $7,072 $189,560 $76,580 $112,980
2021 $7,194 $189,560 $76,580 $112,980
2020 $7,239 $189,560 $76,580 $112,980
2019 $6,622 $165,970 $76,580 $89,390
2018 $6,522 $149,100 $67,550 $81,550
2017 $6,599 $149,100 $67,550 $81,550
2016 $6,033 $149,100 $67,550 $81,550
2015 $5,888 $149,100 $67,550 $81,550
2014 -- $149,100 $67,550 $81,550
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Tarquino

    Seller's Agent in 2023

    Nicholas Tarquino

    Carbutti & Co., Realtors

    (203) 710-6157

    1 in this area

    124 Total Sales

    Nicholas Tarquino
    Section Image

  • B

    Buyer's Agent in 2023

    Bailey Frankewicz

    RE/MAX

    (860) 912-3574

    1 in this area

    9 Total Sales

    Bailey Frankewicz
    Section Image

  • C

    Seller's Agent in 2022

    Chris Dixon

    William Raveis Real Estate

    (860) 460-9319

    1 in this area

    10 Total Sales

    Chris Dixon
    Section Image

  • D

    Buyer's Agent in 2022

    David Schneider

    HERE Realty

    (401) 440-8659

    1 in this area

    76 Total Sales

    David Schneider
    Section Image
  • Scott Pellerin

    Seller's Agent in 2019

    Scott Pellerin

    Coldwell Banker Realty

    (860) 235-6345

    7 in this area

    232 Total Sales

    Scott Pellerin
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jan Dennis

    Coldwell Banker Realty

    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170565663

SmartMLS

APN: NLON-000007-000023-000009

Connecticut New London County New London 06320 South New London

40 Niles Hill Rd, New London, CT

This home is located at 40 Niles Hill Rd, New London, CT 06320 since 27 April 2023 and is currently estimated at $496,250, approximately $282 per square foot. This property was built in 1938. 40 Niles Hill Rd is a home located in New London County with nearby schools including Harbor Elementary School, Bennie Dover Jackson Middle School, and New London High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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