RENTED FEB 14, 2025

400 Bank St Unit 301 New London, CT 06320

Estimated Value: $294,000 - $335,000

2 Beds
2 Baths
1,154 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $195,000 $169 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,057/month

Highlights

  • Gated Community
  • Programmable Thermostat
  • High-Rise Condominium
  • Balcony
  • Central Air
  • 4-minute walk to New London Waterfront

About This Home

As of February 2025

2 BR, 2 Bath Shaw's Landing condo offers a living room and galley-style kitchen with granite countertops and stainless steel appliances. Enjoy the saltwater breeze from the New London Harbor. Extra amenities include a sauna and private gym. Walk to dinner, train station, ferry terminals, and theatre, Yale Hospital and EB. Pet flexible, non-smoking, credit check, and one-year lease required.

Last Agent to Rent the Property

Adam Mancini

Ann McBride Real Estate License #REB.0751610 Listed on: 10/01/2024

Last Renter's Agent

Adam Mancini

Ann McBride Real Estate License #REB.0751610 Listed on: 10/01/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,114

Year Built

  • Built in 2005

Parking

  • 1 Parking Space

Home Design

  • 1,154 Sq Ft Home
  • Vinyl Siding

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Schools

  • Dover Jackson Middle School
  • New London High School

Utilities

  • Central Air
  • Programmable Thermostat
  • Electric Water Heater

Community Details

  • High-Rise Condominium
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 2501293

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,114

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Pets Allowed Info: one small dog per HOA app
  • Lease Price Description: Per Month
  • Pets Allowed: Restrictions
  • Rental Duration: Yearly Unfurnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: Fort Trumbull
  • Property Type: Residential Rental
  • Style: High Rise
  • Sq Ft Est Heated Above Grade: 1154
  • Total Sq Ft: 1154
  • Year Built: 2005
  • New Construction: No/Resale
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: GPS friendly
  • Street Type: Street
  • Tenant Responsibility: All Utilities Cable TV Credit Check Heat Hot Water Liability Insurance
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: None
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: Full bath
  • Attic: No

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Walk to Water View
  • Swimming Pool: No

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: None, Parking Lot

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Lot Description: City Views Level Lot Water View
  • Flood Zone: No
  • Zoning: RES
  • Property Info: Gated Community
  • Parcel #: 2501293

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
Aug 20, 2020
Closed on
Apr 30, 2021
Sold by
Ninoi Llc
Bought by
Butler Taylor M
Seller's Agent
Patricia Pastor
RE/MAX on the Bay
Buyer's Agent
Lea Borgne
Coldwell Banker Realty
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%
Current Estimated Value
$310,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,929
Avg. Annual Appreciation
10.65%
Original Mortgage
$156,000
Outstanding Balance
$141,154
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$169,775

Purchase Details

Closed on
Feb 7, 2014
Sold by
Chel Co Llc
Bought by
Nino Llc

Purchase Details

Closed on
Dec 7, 2005
Sold by
Shaws Lndg Llc
Bought by
Chel Co Llc
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
Butler Taylor M $195,000 None Available
Nino Llc -- --
Chel Co Llc $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Taylor M $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2025 02/14/25 Rented $2,150 0.0% --
01/24/2025 01/24/25 Under Contract -- -- --
11/19/2024 11/19/24 Price Changed $2,150 -4.4% $2 / Sq Ft
10/01/2024 10/01/24 For Rent $2,250 0.0% --
04/30/2021 04/30/21 Sold $195,000 -2.5% $169 / Sq Ft View Prior Sale
04/01/2021 04/01/21 Pending -- -- --
02/08/2021 02/08/21 Price Changed $199,900 -2.5% $173 / Sq Ft
08/20/2020 08/20/20 For Sale $205,000 0.0% $178 / Sq Ft
05/16/2017 05/16/17 Rented $1,400 0.0% --
02/01/2017 02/01/17 For Rent $1,400 0.0% --
07/20/2015 07/20/15 Rented $1,400 0.0% --
06/22/2015 06/22/15 Under Contract -- -- --
06/03/2015 06/03/15 For Rent $1,400 -- --
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 $5,114 $181,400 $0 $181,400
2024 $5,170 $181,400 $0 $181,400
2023 $6,171 $160,580 $0 $160,580
2022 $6,176 $160,580 $0 $160,580
2021 $6,287 $160,580 $0 $160,580
2020 $6,325 $160,580 $0 $160,580
2019 $6,600 $160,580 $0 $160,580
2018 $6,016 $133,280 $0 $133,280
2017 $5,899 $133,280 $0 $133,280
2016 $5,575 $133,280 $0 $133,280
2015 $5,263 $133,280 $0 $133,280
2014 $4,568 $133,280 $0 $133,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24050575

SmartMLS

APN: NLON-000013-000109-000301