NOT LISTED FOR SALE

48 Center St New London, CT 06320

Williams Neighborhood

Estimated Value: $341,000 - $393,000

4 Beds
2 Baths
2,712 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $280,000 $103 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,430/month

88 Days on Market

Highlights

  • The property is located in a historic district
  • Attic
  • 1 Car Detached Garage
  • Property is near public transit
  • No HOA
  • 3-minute walk to Bartlett Courts Park

About This Home

As of June 2021

Investor alert! Come see this very well kept property. Offering 2 bedrooms, 1 bath in each unit, hardwood floors, huge clean basement and a walk up attic for storage. Off-street parking with one car garage.

Last Agent to Sell the Property

Miguel Gautier

KEY Real Estate Services LLC License #RES.0798116 Listed on: 03/19/2021

Co-Listed By

Erica Georgetti

RE/MAX One License #RES.0814412

Last Buyer's Agent

Richard Diaz

RE/MAX One License #RES.0803868

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,839

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 2,712 Sq Ft Home
  • Ceiling Fan
  • Concrete Flooring
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 1 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop
  • The property is located in a historic district

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,839

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2712
  • Public Record Living Room Sq Ft: 2712
  • Total Sq Ft: 2712
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Commuter Bus, Medical Facilities, Park, Private School(s), Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5700
  • Directions: GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Unfinished, Concrete Floor, Interior Access, Walk-out, Storage
  • Laundry Room Location: Washer and Dryer in Basement Unit #2
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 1
  • Attic: Yes
  • Street Number Modifier: 48

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Off Street Parking
  • Garages Number: 1
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 750
  • Sewer Usage Fee Annual: 1100

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1100
  • Lot Description: Historic District, Level Lot
  • Flood Zone: No
  • Zoning: R2

Multi Family

  • Gross Annual Income: 19800
  • Net Operating Income: 12700
  • Unit Count: 2
  • Total Multi Family: 14
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4839
  • Total Assessed Value: 126700
  • Mil Rate Base: 38.190
  • Mil Rate Total: 38.190
  • Assessor Parcel Number: 2001670

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Jun 15, 2021
Sold by
Mcdermott Philip G and Mcdermott Dawn M
Bought by
Wallace Corey L
Seller's Agent
Miguel Gautier
KEY Real Estate Services LLC
Buyer's Agent
Richard Diaz
RE/MAX One
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Total Days on Market
88
Current Estimated Value
$370,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,116
Avg. Annual Appreciation
7.19%
Original Mortgage
$274,928
Outstanding Balance
$251,607
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$117,062

Purchase Details

Closed on
Sep 20, 2012
Sold by
Mcdermott Philip G and Mcdermott Dawn M
Bought by
Cmcd Prop Llc
Source: Public Records

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Range of Values:

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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
Wallace Corey L -- None Available
Wallace Corey L -- None Available
Cmcd Prop Llc -- --
Cmcd Prop Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Corey L $274,928
Closed Wallace Corey L $274,928
Previous Owner Mcdermott Dawn $67,000
Previous Owner Mcdermott Dawn $60,000
Previous Owner Mcdermott Dawn $82,000
Previous Owner Mcdermott Dawn $126,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $280,000 -1.8% $103 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $285,000 -- $105 / 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
2024 $5,585 $203,100 $49,400 $153,700
2023 $4,718 $126,700 $30,800 $95,900
2022 $4,727 $126,700 $30,800 $95,900
2021 $4,808 $126,700 $30,800 $95,900
2020 $4,839 $126,700 $30,800 $95,900
2019 $5,055 $126,700 $30,800 $95,900
2018 $4,978 $113,820 $36,960 $76,860
2017 $5,038 $113,820 $36,960 $76,860
2016 $4,605 $113,820 $36,960 $76,860
2015 $4,495 $113,820 $36,960 $76,860
2014 $3,901 $113,820 $36,960 $76,860
Source: Public Records

Agents Affiliated with this Home

  • Miguel Gautier

    Seller's Agent in 2021

    Miguel Gautier

    KEY Real Estate Services LLC

    (860) 444-7362

    3 in this area

    38 Total Sales

    Miguel Gautier
    Section Image
  • Erica Georgetti

    Seller Co-Listing Agent in 2021

    Erica Georgetti

    RE/MAX

    (860) 857-3449

    4 in this area

    111 Total Sales

    Erica Georgetti
    Section Image
  • Richard Diaz

    Buyer's Agent in 2021

    Richard Diaz

    RE/MAX

    (860) 514-6441

    1 in this area

    41 Total Sales

    Richard Diaz
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170382820

SmartMLS

APN: NLON-000040-000229-000010

Connecticut New London County New London 06320 Williams

48 Center St, New London, CT

This home is located at 48 Center St, New London, CT 06320 since 19 March 2021 and is currently estimated at $370,116, approximately $136 per square foot. This property was built in 1900. 48 Center 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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