41 Prest St New London, CT 06320
Coit NeighborhoodEstimated Value: $152,000 - $297,000
3
Beds
2
Baths
1,340
Sq Ft
$158/Sq Ft
Est. Value
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 2022Update 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....
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
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%
Total Days on Market
314
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,197
Avg. Annual Appreciation
10.56%
Original Mortgage
$137,750
Outstanding Balance
$132,535
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$64,790
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in New London, CT
Home Values in the Area
Average Home Value in this Area
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
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 |
|---|---|---|---|---|
| 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
Map
Source: SmartMLS
MLS Number: 170383266
APN: NLON-000030-000155-000021
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