$270,000
SOLD JUN 22, 2018

40 Walden Ave New London, CT 06320

Jefferson Neighborhood
8 Beds
4 Baths
3,297 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

4% Below List Price

10 Days on Market

Highlights

  • Property is near public transit
  • Thermal Windows
  • Public Transportation
  • Attic
  • Enclosed patio or porch
  • Ceiling Fan

About This Home

As of January 2024

Well-kept and money-making 4 family. Spacious bright airy apartments with high ceilings and large windows. Full basement with lots of space, coin-op laundry for extra cash flow, and locked landlord storage room. Off-street parking, back yard, convenient location. Many recent upgrades: All new wall-mounted gas furnaces with digital readout, 2015. New roof, 2012. Complete lead abatement including all new thermopane windows, using a City of New London grant, 2010. Fresh paint and carpet as apartments turn over. Great for an owner-occupant who wants the tenants to pay the mortgage - one first-floor apartment is ready for you to move in. Also great for an investor who wants a turnkey building with the renovations already done.

Last Agent to Sell the Property

Marjorie Blizard

Compass Connecticut, LLC License #REB.0757237 Listed on: 05/17/2018

Last Buyer's Agent

Kiki Sydnor

RE/MAX One License #RES.0802743

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,241

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 3,297 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

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

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Location

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

Schools

  • New London High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • 4 Units

Amenities

  • Public Transportation
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,241

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3297
  • Public Record Living Room Sq Ft: 3297
  • Total Sq Ft: 3297
  • Year Built: 1920
  • Nearby Amenities: Public Transportation, Walk to Bus Lines
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5570
  • Directions: I-95 to Colman, left on Walden, property is first on right. No sign.
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Access Via Hatch, Crawl Space
  • Basement Description: Full With Hatchway, Partially Finished, Concrete Floor, Interior Access, Storage
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Features: Gutters, Porch-Enclosed, Sidewalk
  • Exterior Siding: Asbestos
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, On Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: Sewer fee based on water use.

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1400
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R-2

Multi Family

  • Unit Count: 4
  • Total Multi Family: 20
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4241
  • Total Assessed Value: 95830
  • Mil Rate Base: 44.260
  • Mil Rate Total: 44.260
  • Assessor Parcel Number: 2000522

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $478,000 -13.1% $145 / Sq Ft
10/06/2023 10/06/23 For Sale $550,000 +103.7% $167 / Sq Ft
06/22/2018 06/22/18 Sold $270,000 -3.5% $82 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $279,900 -- $85 / 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 $6,215 $226,000 $40,700 $185,300
2023 $5,816 $156,170 $32,550 $123,620
2022 $5,827 $156,170 $32,550 $123,620
2021 $5,927 $156,170 $32,550 $123,620
2020 $5,964 $156,170 $32,550 $123,620
2019 $6,231 $156,170 $32,550 $123,620
2018 $4,192 $95,830 $31,290 $64,540
2017 $4,241 $95,830 $31,290 $64,540
2016 $3,877 $95,830 $31,290 $64,540
2015 $3,784 $95,830 $31,290 $64,540
2014 $3,284 $95,830 $31,290 $64,540
Source: Public Records

Agents Affiliated with this Home

  • Kiki Sydnor

    Seller's Agent in 2024

    Kiki Sydnor

    RE/MAX

    (860) 857-6912

    8 in this area

    110 Total Sales

    Kiki Sydnor
    Section Image
  • Craig Delgado-Alonzo

    Buyer's Agent in 2024

    Craig Delgado-Alonzo

    Farnam Realty Group

    (203) 343-2642

    1 in this area

    8 Total Sales

    Craig Delgado-Alonzo
    Section Image

  • M

    Seller's Agent in 2018

    Marjorie Blizard

    Compass Connecticut, LLC

See All Agents

Map

Source: SmartMLS

MLS Number: 170083336

SmartMLS

APN: NLON M:D12 B:0160 L:0002

Connecticut New London County New London 06320 Jefferson

40 Walden Ave, New London, CT

This home is located at 40 Walden Ave, New London, CT 06320 and is currently priced at $270,000, approximately $81 per square foot. This property was built in 1920. 40 Walden Ave 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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