NOT LISTED FOR SALE

41 Prest St New London, CT 06320

Coit Neighborhood

Estimated Value: $162,000 - $311,000

3 Beds
2 Baths
1,340 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $145,000 $108 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,461/month

314 Days on Market

Highlights

  • Property is near public transit
  • Thermal Windows
  • Public Transportation
  • No HOA
  • Smart Appliances
  • 3-minute walk to Williams Memorial Park

About This Home

As of May 2022

Update 2 family home with off street parking. Rear unit is a 1 bedroom on a month to month lease and front unit is leased for a 12 month period. Tenants pay electric heat and hot water, both units have updates to kitchens/baths and flooring, siding, windows and roof. Good investment opportunity....

Last Agent to Sell the Property

Tony Arruda

William Pitt Sotheby's Int'l License #RES.0812356 Listed on: 03/30/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Tony Arruda

William Pitt Sotheby's Int'l License #RES.0812356 Listed on: 03/30/2021

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1876

Lot Details

  • 3,049

Home Design

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

Interior Spaces

  • 1,340 Sq Ft Home
  • Thermal Windows
  • Smart Thermostat
  • Smart Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Private Driveway
  • Paved Parking
  • On-Street Parking

Location

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

Schools

  • New London High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Multiple Entries or Exits
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Exclusions: 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,335

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1340
  • Public Record Living Room Sq Ft: 1340
  • Total Sq Ft: 1340
  • Year Built: 1876
  • Nearby Amenities: Basketball Court, Medical Facilities, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Exclusions: 1
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 2162
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Prest St. Off street parking
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Walk-Out
  • Attic: No
  • Home Automation: Appliances, Thermostat(s)
  • Street Number Modifier: 41

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.0700
  • Lot Description: N/A
  • Zoning: R-3

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 2335
  • Total Assessed Value: 61530
  • Mil Rate Base: 37.950
  • Mil Rate Total: 37.950
  • Assessor Parcel Number: 2000428

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 11, 2022
Sold by
Bugbee Jason L and Mish Michael
Bought by
Franco Juan C
Seller's Agent
Tony Arruda
William Pitt Sotheby's Int'l
Buyer's Agent
Tony Arruda
William Pitt Sotheby's Int'l
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%
Current Estimated Value
$230,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,388
Avg. Annual Appreciation
14.16%
Original Mortgage
$137,750
Outstanding Balance
$131,256
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$95,585

Purchase Details

Closed on
Apr 12, 2007
Sold by
Tucker Assoc Llc
Bought by
Marshall Kenneth A and Mish Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Interest Rate
6.24%

Purchase Details

Closed on
Dec 4, 2003
Sold by
Cannon John
Bought by
Tucker Assoc Llc

Purchase Details

Closed on
Mar 11, 1987
Sold by
Hodge James A
Bought by
Cannon John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
9.01%
Source: Public Records

Range of Values:

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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
Franco Juan C $145,000 None Available
Marshall Kenneth A $114,500 --
Tucker Assoc Llc $38,000 --
Cannon John F $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Juan C $137,750
Previous Owner Cannon John F $144,000
Previous Owner Cannon John F $114,500
Previous Owner Cannon John F $41,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $145,000 -12.1% $108 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $165,000 +13.8% $123 / Sq Ft
01/31/2022 01/31/22 Off Market $145,000 -- --
07/27/2021 07/27/21 For Sale $165,000 +13.8% $123 / Sq Ft
07/26/2021 07/26/21 Off Market $145,000 -- --
03/30/2021 03/30/21 For Sale $165,000 -- $123 / 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 $2,929 $107,700 $31,100 $76,600
2024 $2,962 $107,700 $31,100 $76,600
2023 $2,291 $61,530 $13,020 $48,510
2022 $2,296 $61,530 $13,020 $48,510
2021 $2,335 $61,530 $13,020 $48,510
2020 $2,350 $61,530 $13,020 $48,510
2019 $2,455 $61,530 $13,020 $48,510
2018 $2,315 $52,920 $16,590 $36,330
2017 $2,342 $52,920 $16,590 $36,330
2016 $2,141 $52,920 $16,590 $36,330
2015 $2,090 $52,920 $16,590 $36,330
2014 $1,814 $52,920 $16,590 $36,330
Source: Public Records

Agents Affiliated with this Home

  • Tony Arruda

    Seller's Agent in 2022

    Tony Arruda

    William Pitt

    (860) 234-4058

    1 in this area

    7 Total Sales

    Tony Arruda
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Map

Source: SmartMLS

MLS Number: 170383266

SmartMLS

APN: NLON-000030-000155-000021

Connecticut New London County New London 06320 Coit

41 Prest St, New London, CT

This home is located at 41 Prest St, New London, CT 06320 since 30 March 2021 and is currently estimated at $230,388, approximately $171 per square foot. This property was built in 1876. 41 Prest St 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.

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