$229,000
SOLD FEB 26, 2021

400 Bank St Unit 204 New London, CT 06320

3 Beds
2 Baths
1,585 Sq Ft
$493/mo HOA Fee

Recently Sold

$144 Per Sq Ft

19 Days on Market

Highlights

  • Waterfront
  • Exercise Course
  • Thermal Windows
  • Property is near public transit
  • Balcony
  • 4-minute walk to New London Waterfront

About This Home

As of November 2024

Downsize your home and upscale your lifestyle in this one level pristine 3 bedroom, 2 bath waterfront condo located in the heart of New London. This condo features an open floor plan great for entertaining, a galley kitchen with stainless steel appliances, granite counter tops, tile back splash and Bamboo floors. The generous size windows brings in plenty of natural sunlight throughout the unit. Access your private deck and enjoy fresh gentle breezes of the Long Island Sound with River views. This unit offers secure, covered parking in the garage. Building amenities include a community room with kitchen and patio, gym with a TV, sauna & baths and is a pet friendly complex. Has great access to trains, buses, & ferries and is located between Boston and New York. Come and enjoy the life style.

Last Agent to Sell the Property

Patricia Pastor

RE/MAX on the Bay License #REB.0525097 Listed on: 01/13/2021

RE/MAX on the Bay

Co-Listed By

Janet McKenzie

William Raveis Real Estate License #RES.0452991

Last Buyer's Agent

Liz Squillacote

William Pitt Sotheby's Int'l License #RES.0812916

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,873

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • Sprinkler System

HOA Fees

  • $493 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Water
  • City

Home Design

  • Frame Construction
  • Clap Board Siding
  • Radon Mitigation System

Interior Spaces

  • 1,585 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows

Kitchen

  • Gas Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop
  • Property is near a golf course

Schools

  • Dover Jackson Middle School
  • New London High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Public Transportation

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,873

Year Built

Built in 2005

Lot Details

0

HOA Fees

$493 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Mid Rise
  • Sq Ft Est Heated Above Grade: 1585
  • Public Record Living Room Sq Ft: 1585
  • Total Sq Ft: 1585
  • Year Built: 2005
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Association Amenities: Exercise Room/Health Club
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 1585
  • Directions: Take EXIT 83 toward CT-32 N/New London Waterfront Dist/Norwich. Merge onto S Frontage Rd. S Frontage Rd becomes Huntington St. Huntington St becomes Tilley St. Turn right onto Bank St. 400 BANK ST is on the left.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 400

Exterior Features

  • Exterior Features: Balcony, Underground Sprinkler
  • Exterior Siding: Clapboard
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Covered Garage, Assigned Parking
  • Garages Number: 1

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • 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
  • Complex Name: Shaw's Landing
  • Levels In Unit: 1
  • HOA Fees: 493
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: City Views, Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: CBD1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5873
  • Total Assessed Value: 149100
  • Mil Rate Base: 38.190
  • Mil Rate Tax District: 1.200
  • Mil Rate Total: 39.390
  • Assessor Parcel Number: 2511393

Multi Family

  • Total Num Of Units: 35

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
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

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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: 170365642

SmartMLS

APN: NLON-000013-000109-000204