NOT LISTED FOR SALE

48 Kings Hwy Unit 103 Gales Ferry, CT 06335

Estimated Value: $177,000 - $196,000

2 Beds
1 Bath
826 Sq Ft
2004 Built

Last Sold November 24, 2014

Last sale price $62,500 $76 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,138/month

Highlights

  • Baseboard Heating
  • Concrete Flooring
  • 4-minute walk to Ledyard Parks & Recreation
  • Laundry Facilities

About This Home

As of May 2017

CARE FREE 1ST FLOOR LIVING AT ITS BEST! Welcome home to this lovingly maintained condo with wonderful wooded views and spacious back and front yards that are perfect for recreation! You’ll find that living is easy in the Village Gate community; HEAT IS EVEN INCLUDED and the common basement area boasts large locked storage areas for each unit as well as coin-operated laundry! Enjoy waking up in one of your two spacious bedrooms with plush carpeting! Sip your morning coffee while relaxing and taking in the fresh air and nature views from your deck! You’ll even love cooking in your beautiful kitchen complete with a dishwasher, stove/oven, refrigerator, and pantry! Invite your friends and family over to spend the day enjoying the many wonderful area attractions! They will be happy to come visit you with your home’s convenient access to the major roadways and abundance of guest parking just steps from your door! You’ll have the convenience and enjoyment of the area’s casinos, parks, shopping centers, restaurants, schools, Subase and other military bases all just minutes away! Small pets are even considered (on a case-to-case basis)! This home truly has it all! Agent is related to the owner and the owner is a licensed REALTOR in the state of Connecticut. Application fee is $35 per adult. Background and credit checks are required. Available to move in now!

Last Agent to Rent the Property

Samantha Beyer

Burns Realty License #REB.0791250 Listed on: 03/27/2017

Last Renter's Agent

Samantha Beyer

Burns Realty License #REB.0791250 Listed on: 03/27/2017

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 2004

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 826 Sq Ft Home
  • Concrete Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Shared Basement
  • Basement Storage

Schools

  • Pboe Elementary And Middle School
  • Ledyard High School

Utilities

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

Community Details

Overview

  • Village Gate Community
  • Property managed by ThamesHarbour R.E.

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,963

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Pets Allowed Info: Pets Considered
  • Landlord Requirements: Lease Required, Security Deposit
  • Pets Allowed: Yes
  • Rental Duration: Five Years, Four Years, Three Years, Two Years, One Year
  • Smoking Allowed: No
  • Tenant Responsibility: Cable TV, Credit Check, Electricity, Hot Water

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Residential Rental
  • Potential Short Sale: No
  • Style: Condo
  • Total Sq Ft: 826
  • Year Built: 2004
  • Property Sub Type: Condominium Rental
  • Direct Waterfront: No
  • End Unit: No
  • Unit On Floor Number: 1
  • Directions: Route 12 to Kings Hwy. Village Gate complex is on the right. The unit is in the first section of the complex.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Concrete Floor, Full, Interior Access, Shared Basement, Storage
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Laundry Room Info: Basement Hook-Up(s), Common Laundry Area
  • Attic: No
  • Street Number Modifier: 48

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected

Condo/Co-op/Association

  • Complex Name: Village Gate
  • Levels In Unit: 1
  • Property Management Type: Professional-on Site
  • Property Mgt Company Name: ThamesHarbour R.E.
  • Property Mgt Phone: (860) 691-2011

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: Ledyard
  • Intermediate School: PBOE

Tax Info

  • Tax Year: July 2016-June 2017
  • Mil Rate Total: 31.900
  • Assessor Parcel Number: 2491606

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: Ledyard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2014
Closed on
Dec 2, 2014
Sold by
Fnma
Bought by
Burns Janet M
Seller's Agent
Masha Robarts
RE/MAX Realty Group
Buyer's Agent
Samantha Beyer
Burns Realty
List Price
$69,900
Sold Price
$62,500
Premium/Discount to List
-$7,400
-10.59%
Current Estimated Value
$183,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,577
Avg. Annual Appreciation
11.08%
Original Mortgage
$50,000
Outstanding Balance
$37,782
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$157,161

Purchase Details

Closed on
Apr 15, 2005
Sold by
Village Gate Apts Llc
Bought by
Soja Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,320
Interest Rate
5.78%
Source: Public Records

Range of Values:

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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
Burns Janet M $62,500 --
Soja Denise $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soja Denise $50,000
Previous Owner Soja Denise $114,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2017 05/14/17 Rented $1,100 -4.3% --
05/03/2017 05/03/17 Price Changed $1,150 -4.2% $1 / Sq Ft
03/27/2017 03/27/17 For Rent $1,200 0.0% --
02/01/2015 02/01/15 Rented $1,200 0.0% --
02/01/2015 02/01/15 Under Contract -- -- --
12/18/2014 12/18/14 For Rent $1,200 0.0% --
11/24/2014 11/24/14 Sold $62,500 -10.6% $74 / Sq Ft View Prior Sale
09/18/2014 09/18/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $69,900 -- $82 / 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 $1,963 $52,850 $0 $52,850
2024 $1,861 $52,850 $0 $52,850
2023 $1,826 $52,850 $0 $52,850
2022 $1,787 $52,850 $0 $52,850
2021 $1,776 $52,850 $0 $52,850
2020 $1,647 $47,110 $0 $47,110
2019 $1,652 $47,110 $0 $47,110
2018 $1,615 $47,110 $0 $47,110
2017 $1,533 $47,110 $0 $47,110
2016 $1,503 $47,110 $0 $47,110
2015 $1,432 $47,110 $0 $47,110
2014 $2,332 $77,980 $0 $77,980
Source: Public Records

Agents Affiliated with this Home

  • Samantha Beyer

    Landlord's Agent in 2017

    Samantha Beyer

    Burns Realty

    (860) 910-8239

    2 in this area

    53 Total Sales

    Samantha Beyer
    Section Image

  • M

    Seller's Agent in 2014

    Masha Robarts

    RE/MAX

    Section Image
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Map

Source: SmartMLS

MLS Number: G10206728

SmartMLS

APN: LEDY-000091-001160-048103

Connecticut New London County Gales Ferry 06335

48 Kings Hwy Unit 103, Gales Ferry, CT

This home is located at 48 Kings Hwy Unit 103, Gales Ferry, CT 06335 since 27 March 2017 and is currently priced at $183,077. This property was built in 2004. 48 Kings Hwy Unit 103 is a home located in New London County with nearby schools including Ledyard Middle School, Ledyard High School, and Academy Of St Therese.

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