NOT LISTED FOR SALE

48 Forest St Groton, CT 06340

4 Beds
4 Baths
2,552 Sq Ft
6,970 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $305,000 $120 Per Sq Ft

64 Days on Market

Highlights

  • Deck
  • Attic
  • Walking Distance to Water
  • Property is near public transit
  • No HOA
  • Thermal Windows

About This Home

As of June 2021

4 Family investment property, walking distance to Electric Boat in Groton. Great Investment as an owner occupant or full rental. Coin operated laundry room in basement brings another level of income. No trouble with vacancy due to the fantastic Location. EB is set to ramp up work for years to come, adding an extra layer of protection to your investment. Current owner is also selling the property next door (#48). Dont miss out on this great opportunity.

Last Agent to Sell the Property

Kenny Fratus

RE/MAX on the Bay License #RES.0796462 Listed on: 04/12/2021

RE/MAX on the Bay

Last Buyer's Agent

Kenny Fratus

RE/MAX on the Bay License #RES.0796462 Listed on: 04/12/2021

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,552 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Smart Thermostat

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Parking Deck
  • Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,056

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2552
  • Public Record Living Room Sq Ft: 2552
  • Total Sq Ft: 2552
  • Year Built: 1930
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Public Transportation
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2552
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 48

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • 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
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1600
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R52

Multi Family

  • Unit Count: 4
  • Total Multi Family: 16
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4056
  • Total Assessed Value: 137900
  • Mil Rate Base: 25.110
  • Mil Rate Tax District: 4.300
  • Mil Rate Total: 29.410
  • Assessor Parcel Number: 1950480

MLS Schools

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

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $305,000 -6.2% $120 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $325,000 0.0% $127 / Sq Ft
02/28/2020 02/28/20 Rented $775 0.0% --
02/11/2020 02/11/20 Under Contract -- -- --
01/27/2020 01/27/20 Price Changed $775 -3.1% $1 / Sq Ft
01/07/2020 01/07/20 For Rent $800 0.0% --
12/30/2019 12/30/19 Under Contract -- -- --
11/19/2019 11/19/19 For Rent $800 -- --
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 $5,946 $205,660 $100,849 $104,811
2024 $5,427 $201,810 $99,694 $102,116
2023 $5,207 $201,810 $55,930 $145,880
2022 $5,035 $201,810 $55,930 $145,880
2021 $4,176 $137,900 $36,190 $101,710
2020 $4,056 $137,900 $36,190 $101,710
2019 $3,926 $137,900 $36,190 $101,710
2018 $3,965 $137,900 $36,190 $101,710
2017 $3,978 $137,900 $36,190 $101,710
2016 $4,261 $156,870 $45,290 $111,580
2015 $4,207 $156,870 $45,290 $111,580
2014 $3,914 $156,870 $45,290 $111,580
Source: Public Records

Agents Affiliated with this Home

  • Kenny Fratus

    Seller's Agent in 2021

    Kenny Fratus

    RE/MAX

    (860) 460-6760

    5 in this area

    51 Total Sales

    Kenny Fratus
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Map

Source: SmartMLS

MLS Number: 170389038

SmartMLS
Connecticut New London County Groton 06340

48 Forest St, Groton, CT

This home is located at 48 Forest St, Groton, CT 06340 since 12 April 2021. This property was built in 1930. 48 Forest St is a home located in New London County with nearby schools including Catherine Kolnaski STEAM Magnet School, Groton Middle School, and Robert E. Fitch 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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