NOT LISTED FOR SALE

48 Cedar Grove Ave New London, CT 06320

Jefferson Neighborhood

Estimated Value: $277,000 - $343,000

3 Beds
2 Baths
1,365 Sq Ft
$222/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $80,000 $59 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $1,981/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • Porch
  • 1 Fireplace
  • No HOA
  • 1-minute walk to Riverside Park

About This Home

As of June 2016

Two bedrooms on the first floor and upstairs finished attic with bath on second floor turns this two bedroom home into a great opportunity. Adorable builtins. Attached garage. Two baths. Side porch. Small yard. Convenient location. Nice.

Last Agent to Sell the Property

Lori Hopkins-Cavanagh

Lori Hopkins-Cavanagh Broker License #REB.0788357 Listed on: 04/09/2016

Last Buyer's Agent

Viviana Penson-Rodriguez

Leaf Realty Group, LLC License #REB.0789371

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,950

Year Built

  • Built in 1941

Lot Details

  • 5,001 Sq Ft Lot
  • Corner Lot

Home Design

  • Cape Cod Architecture
  • Shingle Siding

Interior Spaces

  • 1,365 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Porch

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,950

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 1365
  • Year Built: 1941
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Colman St to Cedar Grove Ave
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Concrete Floor, Full
  • Interior Amenities: Cable - Available
  • Appliances: Refrigerator
  • Laundry Room Location: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Porch, Sidewalk
  • Exterior Siding: Shingle
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Cement

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1148
  • Lot Description: Corner Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3950
  • Assessor Parcel Number: 2001548

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2016
Closed on
Jun 22, 2016
Sold by
Department Of Housing & Urban Dev
Bought by
Baez Juan J
Seller's Agent
Lori Hopkins-Cavanagh
Lori Hopkins-Cavanagh Broker
Buyer's Agent
Viviana Penson-Rodriguez
Leaf Realty Group, LLC
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$302,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,448
Avg. Annual Appreciation
15.11%
Original Mortgage
$78,551
Outstanding Balance
$60,512
Interest Rate
2.62%
Mortgage Type
FHA
Estimated Equity
$241,936

Purchase Details

Closed on
Feb 1, 2016
Sold by
Chfa
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Oct 15, 2015
Sold by
Sykes Heather M and Chfa
Bought by
Chfa

Purchase Details

Closed on
Oct 1, 2009
Sold by
Mcniece Marion E
Bought by
Sykes Gregory R and Sykes Heather M
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
Baez Juan J $80,000 --
Department Of Housing & Urban Dev -- --
Chfa -- --
Sykes Gregory R $165,000 --
Baez Juan J $80,000 --
Department Of Housing & Urban Dev -- --
Chfa -- --
Sykes Gregory R $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sykes Gregory R $78,551
Closed Sykes Gregory R $6,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2016 06/21/16 Sold $80,000 0.0% $59 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $80,000 -- $59 / 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 $4,654 $171,100 $40,100 $131,000
2024 $4,705 $171,100 $40,100 $131,000
2023 $4,004 $107,520 $32,060 $75,460
2022 $4,012 $107,520 $32,060 $75,460
2021 $4,080 $107,520 $32,060 $75,460
2020 $4,106 $107,520 $32,060 $75,460
2019 $4,290 $107,520 $32,060 $75,460
2018 $4,375 $100,030 $30,800 $69,230
2017 $4,427 $100,030 $30,800 $69,230
2016 $4,047 $100,030 $30,800 $69,230
2015 $3,950 $100,030 $30,800 $69,230
2014 $3,428 $100,030 $30,800 $69,230
Source: Public Records

Agents Affiliated with this Home

  • Lori Hopkins-Cavanagh

    Seller's Agent in 2016

    Lori Hopkins-Cavanagh

    Lori Hopkins-Cavanagh Broker

    (860) 449-2007

    14 Total Sales

    Lori Hopkins-Cavanagh
    Section Image
  • Viviana Penson-Rodriguez

    Buyer's Agent in 2016

    Viviana Penson-Rodriguez

    Leaf Realty Group, LLC

    (860) 884-2984

    5 in this area

    125 Total Sales

    Viviana Penson-Rodriguez
    Section Image
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Map

Source: SmartMLS

MLS Number: E10117776

SmartMLS

APN: NLON-000040-000217-000016

Connecticut New London County New London 06320 Jefferson

48 Cedar Grove Ave, New London, CT

Not Listed for Sale

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