NOT LISTED FOR SALE

45 Terrace Ave New London, CT 06320

East New London Neighborhood

Estimated Value: $140,000 - $368,000

4 Beds
2 Baths
1,853 Sq Ft
$148/Sq Ft Est. Value

Last Sold June 12, 2013

Last sale price $60,000 $32 Per Sq Ft

Est. 358% increase in value since last sale

Current estimated payment $1,791/month

140 Days on Market

Highlights

  • Cape Cod Architecture
  • Level Lot
  • 1-minute walk to Riverside Park
  • Baseboard Heating

About This Home

As of June 2013

Spacious cottage style cape w/welcoming front porch. Solid w/wood floors, natural trim but not great condition. Replacement windows, vinyl siding - roof estimated 5yrs. Estate no disclosure! As is sale. (See additional remarks)
rooms sizes approx. Versatile floor plan many smaller rooms on 2nd fl w/ added kt. Not a legal 2 family - town card reflects 2nd kt.

Last Agent to Sell the Property

Mary Poola

William Raveis Real Estate License #REB.0755915 Listed on: 10/26/2012

William Raveis Real Estate

Last Buyer's Agent

Suzanne Cattanach

CENTURY 21 Shutters & Sails License #RES.0795197

CENTURY 21 Shutters & Sails

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • Dirt Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,853 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,964

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Total Sq Ft: 1853
  • Year Built: 1925
  • Nearby Amenities: Public Trash Pickup
  • In Law Access: Possible
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Directions: State pier rd to rosemary to terrace - at end sign!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Location: Lower Level
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Cement, Dirt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.1000
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 2964
  • Assessor Parcel Number: 2002299

MLS Schools

  • Elementary School: Pboe
  • High School: Pboe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2012
Closed on
Jun 13, 2013
Sold by
Piersa Elizabeth
Bought by
Morgan Allison D
Seller's Agent
Mary Poola
William Raveis Real Estate
Buyer's Agent
Suzanne Cattanach
CENTURY 21 Shutters & Sails
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%
Current Estimated Value
$275,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,030
Avg. Annual Appreciation
12.99%
Original Mortgage
$45,584
Outstanding Balance
$32,077
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$242,953
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
Morgan Allison D $60,000 --
Morgan Allison D $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Allison D $15,000
Open Morgan Allison D $45,584
Closed Morgan Allison D $15,000
Closed Morgan Allison D $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2013 06/12/13 Sold $60,000 -24.9% $32 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
10/26/2012 10/26/12 For Sale $79,900 -- $43 / 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 $4,115 $151,300 $44,800 $106,500
2024 $4,161 $151,300 $44,800 $106,500
2023 $3,058 $82,110 $29,330 $52,780
2022 $3,064 $82,110 $29,330 $52,780
2021 $3,116 $82,110 $29,330 $52,780
2020 $3,136 $82,110 $29,330 $52,780
2019 $3,276 $82,110 $29,330 $52,780
2018 $3,824 $87,430 $34,650 $52,780
2017 $3,870 $87,430 $34,650 $52,780
2016 $3,537 $87,430 $34,650 $52,780
2015 $3,453 $87,430 $34,650 $52,780
2014 $2,996 $87,430 $34,650 $52,780
Source: Public Records

Agents Affiliated with this Home

  • Mary Poola

    Seller's Agent in 2013

    Mary Poola

    William Raveis Real Estate

    (860) 625-1913

    1 in this area

    345 Total Sales

    Mary Poola
    Section Image

  • S

    Buyer's Agent in 2013

    Suzanne Cattanach

    CENTURY 21 Shutters & Sails

    (860) 235-9901

    Suzanne Cattanach
    Section Image
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Map

Source: SmartMLS

MLS Number: E262042

SmartMLS

APN: NLON-000046-000291-000005

Connecticut New London County New London 06320 East New London

45 Terrace Ave, New London, CT

Not Listed for Sale

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