$350,000
SOLD NOV 27, 2024

400 Bank St Unit 204 New London, CT 06320

3 Beds
2 Baths
1,585 Sq Ft
$607/mo HOA Fee

Recently Sold

$221 Per Sq Ft

83 Days on Market

Highlights

  • Sauna
  • Clubhouse
  • Ranch Style House
  • Waterfront
  • Property is near public transit
  • 4-minute walk to New London Waterfront

About This Home

As of November 2024

Embrace the charm of waterfront living in this 3-bedroom, 2-bath condo at Shaws Landing. Bathed in natural light, this unit provides the ease of one-floor living with abundant closet and storage space in addition to the desirable city and water views. The riverfront balcony provides a view to enjoy the Thames River's lively traffic, from boats to ferries and the occasional submarine. This unit boasts a private garage space and access to amenities, including a community room, fitness center with sauna a newly designed patio featuring a firepit-ideal for both social gatherings and outdoor enjoyment. Perfectly situated in New London, this condo is a mere two-hour journey from both NYC and Boston, with the convenience of trains, ferries and more at the nearby Transportation Center. Step outside to savor the local arts at the Garde Arts Center, indulge in the vibrant culinary scene, and immerse yourself in the rich tapestry of downtown New London, all just moments from your doorstep.

Last Agent to Sell the Property

Liz Squillacote

William Pitt Sotheby's Int'l License #RES.0812916 Listed on: 09/04/2024

William Pitt Sotheby's Int'l

Last Buyer's Agent

Charene Clark

Coldwell Banker Realty License #RES.0122440

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,771

Year Built

  • Built in 2005

Lot Details

  • Waterfront

HOA Fees

  • $607 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Clap Board Siding
  • HardiePlank Siding

Interior Spaces

  • 1,585 Sq Ft Home
  • Sauna

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Handicap Parking
  • Guest Parking
  • Visitor Parking

Accessible Home Design

  • Accessible Bathroom
  • Halls are 36 inches wide or more
  • Hard or Low Nap Flooring

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • New London High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2511393

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, insurance
  • 35 Units
  • Mid-Rise Condominium

Amenities

  • Public Transportation
  • Clubhouse
  • Elevator

Recreation

  • Exercise Course

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,771

Year Built

Built in 2005

Lot Details

0

HOA Fees

$607 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch, Mid Rise
  • Sq Ft Est Heated Above Grade: 1585
  • Total Sq Ft: 1585
  • Year Built: 2005
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Paddle Tennis, Park, Private School(s), Public Transportation, Shopping/Mall
  • Association Amenities: Club House, Elevator, Exercise Room/Health Club, Guest Parking
  • Property Sub Type: Condominium
  • Handicap Features: Accessible Bath, Hallways 36+ Inches Wide, Handicap Parking, Hard/Low Nap Floors
  • Direct Waterfront: Yes
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: $181/mo approx 6 years $12,000 remaini
  • Directions: GPS Friendly
  • Financing Used: CHFA
  • Spec Assoc Asses: Yes
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: None
  • Interior Amenities: Cable - Available, Elevator, Sauna
  • Appliances: Oven/Range, Microwave, Dishwasher, Washer, Dryer
  • Attic: No
  • Street Number Modifier: 400

Exterior Features

  • Exterior Siding: Clapboard, Hardie Board
  • Waterfront Description: River Walk to Water View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Covered Garage, Parking Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • Levels In Unit: 1
  • HOA Fees: 607
  • HOA Fee Frequency: Monthly
  • Total Number of Units In Complex: Shaws Landing

Schools

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

Lot Info

  • Lot Description: City Views Water View
  • Zoning: CBD
  • Parcel #: 2511393

Rental Info

  • Pets Allowed Info: Pets Allowed with restric
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 35

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5771
  • Total Assessed Value: 202500
  • Mil Rate Total: 27.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Nov 15, 2024
Sold by
Brown Marie D
Bought by
Lubchansky David
Seller's Agent
Liz Squillacote
William Pitt Sotheby's Int'l
Buyer's Agent
Charene Clark
Coldwell Banker Realty
List Price
$350,000
Sold Price
$350,000
Views
76
Current Estimated Value
$359,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,386
Avg. Annual Appreciation
4.29%
Original Mortgage
$18,750
Outstanding Balance
$17,967
Interest Rate
6.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$341,419

Purchase Details

Listed on
Oct 16, 2012
Closed on
Mar 15, 2013
Sold by
Shaws Landing Llc
Bought by
Coba Jeanice
Seller's Agent
Patricia Pastor
RE/MAX on the Bay
Buyer's Agent
Patricia Pastor
RE/MAX on the Bay
List Price
$249,900
Sold Price
$232,500
Premium/Discount to List
-$17,400
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$208,950
Interest Rate
3.54%
Source: Public Records

Similar Home in New London, CT

  • 461 Bank St Unit 708, New London, CT 06320

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    • 2 Beds
    • 2 Baths
    • 1,330 Sq Ft
    • 461 Bank St
    • Unit 708
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    Located in the desirable Harbor Towers in the heart of New London, this well-maintained condominium offers a bright, open-concept living and kitchen space that flows effortlessly onto a private balcony with sweeping city views. Inside, enjoy the convenience of an in-unit washer and dryer, while the building's amenities-fitness center, movie theater, outdoor grilling and entertaining area, pool,

    Kristopher Tramont Real Broker CT, LLC

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $18,750 Stand Alone Refi Refinance Of Original Loan
Open $261,250 Stand Alone Refi Refinance Of Original Loan
Closed $261,250 Stand Alone Refi Refinance Of Original Loan
Previous Owner $183,200 Balloon
Previous Owner $208,950 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $350,000 0.0% $221 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $350,000 +52.8% $221 / Sq Ft
02/26/2021 02/26/21 Sold $229,000 0.0% $144 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $229,000 -1.5% $144 / Sq Ft
03/15/2013 03/15/13 Sold $232,500 -7.0% $147 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
10/16/2012 10/16/12 For Sale $249,900 -- $158 / 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 $5,708 $202,500 $0 $202,500
2024 $5,771 $202,500 $0 $202,500
2023 $5,730 $149,100 $0 $149,100
2022 $5,734 $149,100 $0 $149,100
2021 $5,837 $149,100 $0 $149,100
2020 $5,873 $149,100 $0 $149,100
2019 $6,128 $149,100 $0 $149,100
2018 $7,416 $164,290 $0 $164,290
2017 $7,271 $164,290 $0 $164,290
2016 $6,872 $164,290 $0 $164,290
2015 $6,488 $164,290 $0 $164,290
2014 $5,630 $164,290 $0 $164,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24044101

SmartMLS

APN: NLON-000013-000109-000204