NOT LISTED FOR SALE

400 Bank St Unit 209 New London, CT 06320

Estimated Value: $341,000 - $383,000

2 Beds
2 Baths
1,558 Sq Ft
$418/mo HOA Fee

Last Sold August 15, 2013

Last sale price $255,900 $164 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,782/month

144 Days on Market

Highlights

  • River Front
  • Open Floorplan
  • Exercise Course
  • Gated Community
  • Ranch Style House
  • 4-minute walk to New London Waterfront

About This Home

As of August 2013

1558 Sq. Ft. End/waterfront unit! Sweeping views. Open flr. Plan w/granite/stainless kit/dining combo w/windows galore. Master w/full bath. Exercize room, gathering area w/barbeque. Heated garage & assigned space. Walk to everything!

Last Agent to Sell the Property

Beverly Nebelung

Berkshire Hathaway NE Prop. License #RES.0771919 Listed on: 03/01/2013

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Karen Taylor

RE/MAX Coast and Country License #RES.0786223

RE/MAX Coast and Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,639

Year Built

  • Built in 2005

Lot Details

  • River Front

HOA Fees

  • $418 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 1,558 Sq Ft Home
  • Open Floorplan
  • Water Views
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Visitor Parking

Schools

  • Cboe Elementary School
  • New London High School

Utilities

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

Community Details

Overview

  • Association fees include grounds maintenance, insurance, property management, security service, snow removal, trash pickup, water
  • Shaws Landing Community

Recreation

  • Exercise Course

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,639

Year Built

Built in 2005

Lot Details

0

HOA Fees

$418 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 1558
  • Year Built: 2005
  • Association Amenities: Exercise Room/Health Club, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • Directions: Bank st. - Shaws landing
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Elevator, Open Floor Plan, Security System
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: No

Exterior Features

  • Exterior Siding: Brick, Vinyl Siding
  • Waterfront Description: Access, River, View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking, Under House Garage
  • Garages Number: 1
  • Total Parking Spaces: 2

Utilities

  • Cooling System: 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, Insurance, Property Management, Security Service, Snow Removal, Trash Pickup, Water
  • Complex Name: Shaws Landing
  • HOA Fees: 418
  • HOA Fee Frequency: Monthly
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site

Lot Info

  • Property Info: Gated Community

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 5639
  • Assessor Parcel Number: 2499936

MLS Schools

  • Elementary School: Cboe
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2014
Sold by
Teich Melodie P
Bought by
Teich Melodie P and Teich Howard I
Current Estimated Value
$361,147

Purchase Details

Listed on
Mar 1, 2013
Closed on
Aug 15, 2013
Sold by
Smith Jennifer A
Bought by
Teich Melodie P
Seller's Agent
Beverly Nebelung
Berkshire Hathaway NE Prop.
Buyer's Agent
Karen Taylor
RE/MAX Coast and Country
List Price
$279,900
Sold Price
$255,900
Premium/Discount to List
-$24,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
May 27, 2010
Sold by
Fnma
Bought by
Smith Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2009
Sold by
Dinerstein Donald J
Bought by
Jp Morgan Chase Bk

Purchase Details

Closed on
Nov 30, 2005
Sold by
Shaws Lndg Llc
Bought by
Dinerstein Donald J and Dinerstein Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Teich Melodie P -- --
Teich Melodie P $255,900 --
Smith Jennifer A $220,000 --
Jp Morgan Chase Bk -- --
Dinerstein Donald J $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dinerstein Donald J $176,400
Previous Owner Dinerstein Donald J $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2013 08/15/13 Sold $255,900 -8.6% $164 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $279,900 -- $180 / 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 $5,644 $200,200 $0 $200,200
2024 $5,706 $200,200 $0 $200,200
2023 $5,676 $147,700 $0 $147,700
2022 $5,681 $147,700 $0 $147,700
2021 $5,782 $147,700 $0 $147,700
2020 $5,818 $147,700 $0 $147,700
2019 $6,070 $147,700 $0 $147,700
2018 $7,343 $162,680 $0 $162,680
2017 $7,200 $162,680 $0 $162,680
2016 $6,805 $162,680 $0 $162,680
2015 $6,424 $162,680 $0 $162,680
2014 $5,575 $162,680 $0 $162,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E264480

SmartMLS

APN: NLON-000013-000109-000209