NOT LISTED FOR SALE

48 Kings Hwy Unit 301 Gales Ferry, CT 06335

Estimated Value: $174,000 - $185,382

2 Beds
1 Bath
826 Sq Ft
$360/mo HOA Fee

Last Sold July 17, 2024

Last sale price $165,000 $200 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,471/month

5 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Hot Water Heating System
  • End Unit
  • Hot Water Circulator
  • 4-minute walk to Ledyard Parks & Recreation

About This Home

As of July 2024

Sellers are asking for highest and best offers by June 5, 2024 @ 5pm. Why rent when you can own? Nestled in subtle landscaping, Village Gate offers simple and scenic living. Navigating the complex's driveway leads to 2 assigned parking spaces and ample guest parking. Enter the shared front door, which is lock and key, and then immediately arrive at the front door for the Unit. Arrive at a spacious living room, efficient compact kitchen with an access door to a shared backyard deck. Traveling down the hallway crosses a generously sized full bathroom and 2 spacious bedrooms. First floor, single floor living provides convenience in every aspect. The unit is a few feet from the shared basement space which contains additional, separated storage space. Village Gate complex is conveniently located just minutes from downtown Groton, the U.S Navy Subbase, Electric Boat, I-395 & I-95 and so much more

Last Agent to Sell the Property

Mark Sperduto

eXp Realty License #RES.0808416 Listed on: 06/01/2024

eXp Realty

Last Buyer's Agent

Dennaye Garbati

RE/MAX One License #RES.0759756

RE/MAX One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 2004

Lot Details

  • End Unit

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 826 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

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

Schools

  • Ledyard High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 2478120

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, heat, property management, road maintenance
  • 16 Units
  • Property managed by US Properties

Amenities

  • Public Transportation
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,861

Year Built

Built in 2004

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Condo/Co-Op For Sale
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 826
  • Total Sq Ft: 826
  • Year Built: 2004
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Public Transportation, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: Yes
  • Unit On Floor Number: 1
  • Directions: GPS. Park in either 301 space or guest parking across the driveway. Doorway for unit is 1st floor on the left when entering the outside door.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 826
  • Spec Assoc Asses: No
  • Street Type: Highway
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Full
  • Appliances: Oven/Range, Range Hood, Refrigerator, Dishwasher
  • Laundry Room Location: In shared basement
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 48

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 2
  • Garage And Parking: None, Paved, Parking Lot, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Property Management, Road Maintenance
  • Levels In Unit: 1
  • HOA Fees: 360
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Drew Price
  • Property Mgt Company Name: US Properties
  • Total Number of Units In Complex: Village Gate

Schools

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

Lot Info

  • Lot Description: Secluded Lightly Wooded Level Lot
  • Zoning: GFDD
  • Parcel #: 2478120

Rental Info

  • Pets Allowed Info: 2 cats or 1 dog (size res
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 16

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 1861
  • Total Assessed Value: 52850
  • Mil Rate Total: 35.21

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Jul 17, 2024
Sold by
Guinan Kathryn D and Dixon Lawrence J
Bought by
Beck Julia M
Seller's Agent
Mark Sperduto
eXp Realty
Buyer's Agent
Dennaye Garbati
RE/MAX One
List Price
$145,000
Sold Price
$165,000
Premium/Discount to List
$20,000
13.79%
Views
34
Current Estimated Value
$177,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,846
Avg. Annual Appreciation
3.51%
Original Mortgage
$148,500
Outstanding Balance
$147,119
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$24,680

Purchase Details

Closed on
Mar 4, 2005
Sold by
Village Gate Apts Llc
Bought by
Dixon James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Interest Rate
5.61%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Beck Julia M $165,000 None Available
Beck Julia M $165,000 None Available
Dixon James $279,500 --
Dixon James $279,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Julia M $148,500
Closed Beck Julia M $148,500
Previous Owner Dixon James $109,900
Previous Owner Dixon James $109,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $165,000 +13.8% $200 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $145,000 0.0% $176 / Sq Ft
06/01/2019 06/01/19 Rented $1,150 0.0% --
05/06/2019 05/06/19 Under Contract -- -- --
04/24/2019 04/24/19 For Rent $1,150 +24.3% --
04/25/2018 04/25/18 Rented $925 -15.9% --
04/16/2018 04/16/18 Under Contract -- -- --
03/05/2018 03/05/18 For Rent $1,100 0.0% --
04/01/2017 04/01/17 Rented $1,100 0.0% --
03/16/2017 03/16/17 Under Contract -- -- --
11/14/2016 11/14/16 Price Changed $1,100 -8.3% $1 / Sq Ft
09/06/2016 09/06/16 For Rent $1,200 0.0% --
04/15/2016 04/15/16 Rented $1,200 0.0% --
04/11/2016 04/11/16 Under Contract -- -- --
03/30/2016 03/30/16 For Rent $1,200 -- --
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

  • Mark Sperduto

    Seller's Agent in 2024

    Mark Sperduto

    eXp Realty

    (860) 694-9151

    2 in this area

    26 Total Sales

    Mark Sperduto
    Section Image
  • Dennaye Garbati

    Buyer's Agent in 2024

    Dennaye Garbati

    RE/MAX

    (860) 625-1701

    1 in this area

    10 Total Sales

    Dennaye Garbati
    Section Image

  • C

    Seller's Agent in 2019

    Caitlyn Leonard

    U.S. Properties Real Estate Services, LLC

    Section Image
  • Judy Rowley

    Buyer's Agent in 2016

    Judy Rowley

    Coldwell Banker Realty

    (860) 536-9618

    6 in this area

    14 Total Sales

    Judy Rowley
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24021882

SmartMLS

APN: LEDY-000091-001160-048301

Connecticut New London County Gales Ferry 06335

48 Kings Hwy Unit 301, Gales Ferry, CT

This home is located at 48 Kings Hwy Unit 301, Gales Ferry, CT 06335 since 01 June 2024 and is currently estimated at $177,846, approximately $215 per square foot. This property was built in 2004. 48 Kings Hwy Unit 301 is a home located in New London County with nearby schools including Ledyard Middle School, Ledyard High School, and Academy Of St Therese.

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.

Nearby Homes