NOT LISTED FOR SALE

48 Kings Hwy Unit 303 Gales Ferry, CT 06335

Estimated Value: $178,000 - $197,000

2 Beds
1 Bath
826 Sq Ft
$335/mo HOA Fee

Last Sold May 04, 2022

Last sale price $137,500 $166 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,446/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Public Transportation
  • Property is near public transit
  • Thermal Windows
  • 4-minute walk to Ledyard Parks & Recreation

About This Home

As of May 2022

*Offers due Monday 4/4 Noon* Adorable Condominium in Ledyard's historic Gales Ferry neighborhood offering 9' Ceilings and One Floor Living. Located on the First Floor of the complex, this Unit comes with newer Laminate Floors throughout the updated Kitchen, Newer carpet installed inside the Living Room and Bedrooms. The Large Bathroom has been updated with a new Vanity and Granite Countertops. Off the Kitchen, you will find a quaint little deck to enjoy the quietness of Ledyard. HOA fees cover Heat, Property Management, Trash & Snow removal. Conveniently located just minutes from downtown Groton, the US Navy Sub Base, Electric Boat, I-395 & I-95 and so much more.

Last Agent to Sell the Property

Kristopher Tramont

Real Broker CT, LLC License #REB.0794869 Listed on: 03/30/2022

Real Broker CT, LLC

Last Buyer's Agent

Jason Pollard

Compass Connecticut, LLC License #RES.0819432

Compass Connecticut, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,776

Year Built

  • Built in 2004

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 826 Sq Ft Home
  • Thermal Windows

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Outdoor Features

  • Deck

Location

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

Schools

  • Gales Ferry Elementary School
  • Ledyard High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2491609

Community Details

Overview

  • Association fees include trash pickup, snow removal, heat, property management, road maintenance, insurance
  • 16 Units
  • Property managed by Thames Harbor Real Estate

Amenities

  • Public Transportation
  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,776

Year Built

Built in 2004

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch, 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, Library, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Association Amenities: None
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 926
  • Directions: GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 826
  • Spec Assoc Asses: No
  • Street Type: Highway
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Full, Shared Basement, Unfinished, Storage
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: No
  • Street Number Modifier: 48

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: Paved, Assigned Parking, Parking Lot

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Trash Pickup, Snow Removal, Heat, Property Management, Road Maintenance, Insurance
  • Levels In Unit: 1
  • HOA Fees: 335
  • HOA Fee Frequency: Monthly
  • Property Manager Name: Drew Price
  • Property Mgt Company Name: Thames Harbor Real Estate
  • Total Number of Units In Complex: Village Gate

Schools

  • Elementary School: Gales Ferry
  • High School: Ledyard

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: Level Lot Lightly Wooded
  • Zoning: GFDD
  • Parcel #: 2491609

Rental Info

  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 16

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 1776
  • Total Assessed Value: 52850
  • Mil Rate Total: 33.6

MLS Schools

  • Elementary School: Gales Ferry
  • High School: Ledyard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Nov 6, 2013
Sold by
Lamb Walter W
Bought by
Swinson Tracey
Seller's Agent
Charene Clark
Coldwell Banker Realty
Buyer's Agent
Laurie Hayes-Hagstrom
On The Move Realty, LLC
List Price
$69,000
Sold Price
$71,000
Premium/Discount to List
$2,000
2.9%
Current Estimated Value
$171,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,508
Avg. Annual Appreciation
7.61%
Original Mortgage
$69,714
Interest Rate
4.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2005
Sold by
Village Gate Apts Llc
Bought by
Lamb Walter
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
Swinson Tracey $71,000 --
Lamb Walter $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Walter $69,714
Closed Lamb Walter $69,714
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $137,500 +10.0% $166 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $125,000 +76.1% $151 / Sq Ft
11/06/2013 11/06/13 Sold $71,000 +2.9% $84 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $69,000 -- $81 / 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

  • Kristopher Tramont

    Seller's Agent in 2022

    Kristopher Tramont

    Real Broker CT, LLC

    (860) 884-9511

    70 in this area

    319 Total Sales

    Section Image
  • Jason Pollard

    Buyer's Agent in 2022

    Jason Pollard

    Compass Connecticut, LLC

    (860) 287-1976

    6 in this area

    106 Total Sales

    Section Image
  • Fran Wiehn

    Buyer Co-Listing Agent in 2022

    Fran Wiehn

    Compass Connecticut, LLC

    (860) 823-0707

    5 in this area

    83 Total Sales

    Section Image
  • Charene Clark

    Seller's Agent in 2013

    Charene Clark

    Coldwell Banker Realty

    (860) 391-4321

    5 in this area

    94 Total Sales

    Section Image
  • Laurie Hayes-Hagstrom

    Buyer's Agent in 2013

    Laurie Hayes-Hagstrom

    On The Move Realty, LLC

    (860) 608-4867

    4 in this area

    269 Total Sales

    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170477983

SmartMLS

APN: LEDY-000091-001160-048303

Connecticut New London County Gales Ferry 06335

48 Kings Hwy Unit 303, Gales Ferry, CT

This home is located at 48 Kings Hwy Unit 303, Gales Ferry, CT 06335 since 30 March 2022 and is currently estimated at $183,998, approximately $222 per square foot. This property was built in 2004. 48 Kings Hwy Unit 303 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