$385,000
SOLD SEP 2, 2025
5 Beds
3 Baths
2,074 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$186 Per Sq Ft

1% Below List Price

3 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Porch
  • Finished Attic
  • Balcony
  • Covered Deck

About This Home

As of September 2025

Two family home in New London with easy access to Electric Boat, L+M Hospital, beaches, and the downtown. Downstairs unit with two bedrooms and one full bath. Upstairs unit with three bedrooms and two full baths. Spacious living areas. Each unit has its own covered porch. Separate utilities for each, and separate hookups for washer and dryer in the large walk-out basement. 2-car garage and private backyard. Both units have been fully rented for the past 10 years. Both upstairs and downstairs tenants are on a month-to-month basis. Don't miss out on this fantastic investment opportunity! Please note, pictures of both units taken prior to current tenant move-in, to preserve their privacy.

Last Agent to Sell the Property

Oscar Barrera

William Raveis Real Estate License #RES.0799363 Listed on: 05/24/2025

William Raveis Real Estate

Last Buyer's Agent

Miguelina Baldera Vega

Real Broker CT, LLC License #RES.0834464

Real Broker CT, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,797

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Garden

Home Design

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

Interior Spaces

  • 2,074 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Attic

  • Attic Floors
  • Walkup Attic
  • Finished Attic

Unfinished Basement

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

Parking

  • 2 Car Garage
  • Private Driveway

Outdoor Features

  • Balcony
  • Covered Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Radiator
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Gas Available at Street

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1998823

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,797

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2074
  • Total Sq Ft: 2074
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Medical Facilities, Park, Playground/Tot Lot, Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Per GPS
  • Financing Used: FHA
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Heated, Finished, Floored, Walk-up
  • Basement Description: Full, Unfinished, Interior Access, Walk-out, Concrete Floor, Full With Walk-Out
  • Laundry Room Location: Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes

Exterior Features

  • Exterior Features: Balcony, Sidewalk, Porch, Gutters, Garden Area, Covered Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved, Asphalt
  • Total Parking Spaces: 3
  • Garage And Parking: Detached Garage, Driveway, Paved, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Radiator, Steam
  • Heat Fuel Type: Electric, Gas In Street, Natural Gas
  • Hot Water Description: Natural Gas, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.11
  • Lot Description: City Views Level Lot
  • Flood Zone: No
  • Zoning: R-2
  • Parcel #: 1998823

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 3797

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
May 24, 2025
Closed on
Sep 9, 2025
Sold by
Barrera Oscar
Bought by
Pena Alexander M
Seller's Agent
Oscar Barrera
William Raveis Real Estate
Buyer's Agent
Miguelina Baldera Vega
Real Broker CT, LLC
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%
Views
62
Current Estimated Value
$367,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,172
Avg. Annual Appreciation
-15.04%
Original Mortgage
$378,026
Outstanding Balance
$377,369
Interest Rate
6.72%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$9,541

Purchase Details

Closed on
Feb 26, 2009
Sold by
Salinas Alen
Bought by
Barrera Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,450
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1999
Sold by
Mckenna Deborah
Bought by
Hernandez Rolando A and Hernandez Gloria Lora

Purchase Details

Closed on
Oct 30, 1998
Sold by
N E Equities
Bought by
Mckenna Deborah A

Purchase Details

Closed on
Sep 16, 1998
Sold by
Anton Raymond P and Anton Anna R
Bought by
N E Equities Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $385,000 --
Warranty Deed $87,000 --
Warranty Deed $87,000 --
Warranty Deed $94,500 --
Warranty Deed $88,000 --
Warranty Deed $88,000 --
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $378,026 Future Advance Clause Open End Mortgage
Previous Owner $86,450 Purchase Money Mortgage
Previous Owner $8,900 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2025 09/02/25 Sold $385,000 -1.0% $186 / Sq Ft
05/31/2025 05/31/25 For Sale $389,000 0.0% $188 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $389,000 -- $188 / 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 $3,797 $139,600 $40,100 $99,500
2024 $3,839 $139,600 $40,100 $99,500
2023 $3,488 $93,660 $32,060 $61,600
2022 $3,494 $93,660 $32,060 $61,600
2021 $3,554 $93,660 $32,060 $61,600
2020 $3,577 $93,660 $32,060 $61,600
2019 $3,737 $93,660 $32,060 $61,600
2018 $3,552 $81,200 $30,800 $50,400
2017 $3,594 $81,200 $30,800 $50,400
2016 $3,285 $81,200 $30,800 $50,400
2015 $3,207 $81,200 $30,800 $50,400
2014 $2,783 $81,200 $30,800 $50,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24098603

SmartMLS

APN: NLON-000022-000113-000001