NOT LISTED FOR SALE

54 Hempstead St New London, CT 06320

Coit Neighborhood

Estimated Value: $270,000 - $362,831

5 Beds
3 Baths
2,477 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $310,000 $125 Per Sq Ft

Current estimated payment $2,035/month

41 Days on Market

Highlights

  • City View
  • Finished Attic
  • No HOA
  • Property is near public transit
  • Attic
  • Wrap Around Porch

About This Home

As of September 2022

Welcome to this New London landmark the Nellie and Oliver Ingalls home. This stately Victorian 3-family home set in the heart of New London has stunning architectural details including natural wood siding w/accented cedar siding & dentil molding, huge front wrap around porch and beautiful views of the New London skyline. The first floor unit has been completely renovated over the past year with new carpeting, fresh paint, new KIT and BA with updated cabinetry, counters and fixtures. The first and second floor units both offer 2 bedrooms, 1 full bathroom, formal living room, dining room and kitchen area. The upper level unit boasts a large living room area with vaulted ceilings, eat-in kitchen, full bathroom and one generously sized bedroom. The first and second floor have in-unit washer and dryer hookups. All units feature separate utilities w/electric heat, separate electric hot water heaters replaced in 2018 and public water & sewer. This great investment property is ready to be rented out ASAP. Call today for your private showing...

Last Agent to Sell the Property

Scott Pellerin

Coldwell Banker Realty License #RES.0784146 Listed on: 06/13/2022

Coldwell Banker Realty

Last Buyer's Agent

Kevin Frankl

Home Pro Real Estate License #RES.0796919

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1870

Lot Details

  • 6,098 Sq Ft Lot
  • Sloped Lot

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Stone Frame
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2,477 Sq Ft Home
  • Concrete Flooring
  • City Views
  • Finished Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor

Outdoor Features

  • Rain Gutters
  • Wrap Around Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,562

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2477
  • Public Record Living Room Sq Ft: 2477
  • Total Sq Ft: 2477
  • Year Built: 1870
  • Nearby Amenities: Library, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4255
  • Tax Year Updated Dt: 08/01/2022
  • Directions: Manwaring St to Hempstead st. or Jay St to Hempstead St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Finished, Heated
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor, Dirt Floor
  • Laundry Room Location: 1 & 2 have in unit laundry hookup
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2, Washer/Dryer Some Units
  • Attic: Yes
  • Street Number Modifier: 54

Exterior Features

  • Exterior Features: Gutters, Porch, Porch-Wrap Around
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Stone

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • 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
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1400
  • Lot Description: City Views, Sloping Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-3

Multi Family

  • Unit Count: 3
  • Total Multi Family: 13
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3562
  • Total Assessed Value: 95480
  • Mil Rate Base: 37.310
  • Mil Rate Total: 37.310
  • Assessor Parcel Number: 2000189

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Sep 12, 2022
Sold by
Myers Carol and Myers Robert B
Bought by
Francis John V
Seller's Agent
Scott Pellerin
Coldwell Banker Realty
Buyer's Agent
Kevin Frankl
Home Pro Real Estate
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Total Days on Market
41
Views
38
Current Estimated Value
$311,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,458
Avg. Annual Appreciation
0.53%
Original Mortgage
$217,000
Outstanding Balance
$208,967
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$105,528

Purchase Details

Closed on
Jan 30, 2009
Sold by
Bank Of America Na
Bought by
Myers Robert B and Myers Carol-Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.28%

Purchase Details

Closed on
Jan 19, 2007
Sold by
Marbo Restorations Llc
Bought by
Quipse Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
6.14%

Purchase Details

Closed on
Jan 5, 2007
Sold by
Werner Wendy
Bought by
Quipse Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
6.14%

Purchase Details

Closed on
Jun 25, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dumpmasters Llc

Purchase Details

Closed on
Feb 16, 1988
Sold by
Eccleston Albert C
Bought by
Olsson F Christian
Source: Public Records

Similar Homes in New London, CT

  • 69 West St, New London, CT 06320

    $295,000

    • 5 Beds
    • 2.5 Baths
    • 1,958 Sq Ft
    • 69 West St
    • New London, CT

    ** OFFER DEADLINE 4/30/25 at 9AM ** This charming multifamily home offers two spacious units, perfect for extended family living or passive rental income. The first unit features 2 bedrooms and 1 bathroom on the first floor, while the second unit features 3 bedrooms and 1.5 baths on the second and third floors. There is convenient on-street and off-street parking available, and a private

    Stephanie Rush RE/MAX Legends

    Section Image
  • 25 W Coit St, New London, CT 06320

    $289,900

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft
    • 25 W Coit St
    • New London, CT

    Recently renovated duplex offering a fantastic investment opportunity for first-time homeowners or savvy investors. This beautifully maintained property features two separate units, making it ideal for owner-occupancy with the added benefit of rental income. There is a 2 bed, 1 bath on the first floor and a 2 bed, 1.5 bath on the second floor. Both units feature modern kitchens and fresh

    Reign Kinseley Alpha Capital Realty, LLC

    Section Image
  • 7 Griswold Ct, New London, CT 06320

    $339,900

    • 6 Beds
    • 3 Baths
    • 2,040 Sq Ft
    • 7 Griswold Ct
    • New London, CT

    Nice opportunity for investor or owner occupied! Multi-family with 3 units all nicely updated within the past 5 years. Easy to maintain and manage, each unit has individual electricity as a heat source. Water/sewer is absorbed by the owner/landlord. This building will convey with 6 Griswold Ct. parcel across from the house. This offers off street tenant parking, a nice bonus in New London. This

    Mary Poola William Raveis Real Estate

    Section Image
  • 26 Connecticut Ave, New London, CT 06320

    $299,900

    • 5 Beds
    • 2 Baths
    • 1,776 Sq Ft
    • 26 Connecticut Ave
    • New London, CT

    Presenting a wonderful opportunity for both savvy investors and owner-occupants alike with this 2 family style property. The standout second-floor unit has been thoughtfully remodeled. Step into a sunlit living space featuring an inviting layout that includes a living room, formal dining area, three generously sized bedrooms, and a partially finished attic perfect for added flexibility or

    Jonathan Gineo Silver and Oak Realty

    Section Image
  • 205 Connecticut Ave, New London, CT 06320

    $225,000

    • 6 Beds
    • 3 Baths
    • 2,284 Sq Ft
    • 205 Connecticut Ave
    • New London, CT

    Excellent investment opportunity located in the Heart of New London. This duplex offers over 3400 sqft of potential living space with unit 2 being townhouse style. This property is located within 20 minutes of Mohegan Sun Casino, Mitchell College, Connecticut College, Naval Submarine Base, General Dynamics, Ocean Beach, and major hospitals. Property needs TLC with some work already completed.

    Roosevelt Shider HERE Realty

    Section Image
  • 42 Spring St, New London, CT 06320

    $259,000

    • 4 Beds
    • 2 Baths
    • 1,760 Sq Ft
    • 42 Spring St
    • New London, CT

    Welcome to 42 Spring St., New London! This two-unit multifamily home is full of potential-and opportunity. With off-street parking and a detached garage, it's ideal for attracting long-term renters. Located within a short commute to Electric Boat, the casinos, and the train station, this property offers convenience and connectivity for tenants and owners alike. Yes, she needs a little TLC to

    Jack Wesa William Raveis Real Estate

    Section Image
  • 77 Colman St, New London, CT 06320

    $349,900

    • 7 Beds
    • 3 Baths
    • 1,862 Sq Ft
    • 77 Colman St
    • New London, CT

    Great Investment Two Three Bedroom Units and One Bedroom unit on lower level. One unit is occupied.

    Ronald Forcier Century 21 AllPoints Realty

    Section Image
  • 4 Tinker Ct, New London, CT 06320

    $340,000

    • 6 Beds
    • 2 Baths
    • 2,340 Sq Ft
    • 4 Tinker Ct
    • New London, CT

    Don't miss this fantastic opportunity to own a multi-family property in the heart of New London! Located on at 4 Tinker Court offers solid rental potential with multiple units, off-street parking, and convenient access to schools, shopping, and highways. Unit A offer 4 bedrooms and Unit B offers 2 bedrooms. Whether you're an investor or looking to live in one unit and rent the others, this is a

    Cathy Gonyo RE/MAX Legends

    Section Image
  • 29 Cape Ann Ct, New London, CT 06320

    $249,900

    • 4 Beds
    • 3 Baths
    • 1,806 Sq Ft
    • 29 Cape Ann Ct
    • New London, CT

    ** OFFER DEADLINE 5/6/25 at 6PM ** Located on a quiet cul-de-sac with a park at the end of the street, this two-family home is a great opportunity for investors or owner-occupants. Both units are currently rented month-to-month, offering flexibility-tenants are willing to stay or move out ASAP if needed. The first-floor unit features 2 bedrooms, 2 full bathrooms, a spacious kitchen, and basement

    Oriel Hayer Real Broker CT, LLC

    Section Image
See All Homes in New London

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
Francis John V $310,000 None Available
Myers Robert B $80,000 --
Quipse Carlos $305,000 --
Quipse Carlos $305,000 --
Dumpmasters Llc $27,500 --
Olsson F Christian $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis John V $217,000
Previous Owner Olsson F Christian $60,000
Previous Owner Olsson F Christian $289,750
Previous Owner Olsson F Christian $274,500
Previous Owner Olsson F Christian $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $310,000 -1.6% $125 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $314,900 -4.5% $127 / Sq Ft
06/27/2022 06/27/22 Price Changed $329,900 -5.7% $133 / Sq Ft
06/13/2022 06/13/22 For Sale $349,900 -- $141 / 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
2024 $4,582 $166,600 $32,800 $133,800
2023 $3,556 $95,480 $13,720 $81,760
2022 $3,562 $95,480 $13,720 $81,760
2021 $3,623 $95,480 $13,720 $81,760
2020 $3,646 $95,480 $13,720 $81,760
2019 $3,810 $95,480 $13,720 $81,760
2018 $3,074 $70,280 $17,500 $52,780
2017 $3,111 $70,280 $17,500 $52,780
2016 $2,844 $70,280 $17,500 $52,780
2015 $2,775 $70,280 $17,500 $52,780
2014 $2,408 $70,280 $17,500 $52,780
Source: Public Records

Agents Affiliated with this Home

  • Scott Pellerin

    Seller's Agent in 2022

    Scott Pellerin

    Coldwell Banker Realty

    (860) 235-6345

    1 in this area

    246 Total Sales

    Scott Pellerin
    Section Image
  • Kevin Frankl

    Buyer's Agent in 2022

    Kevin Frankl

    Home Pro Real Estate

    (860) 944-9914

    1 in this area

    17 Total Sales

    Kevin Frankl
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170499688

SmartMLS

APN: NLON-000029-000166-000007

Connecticut New London County New London 06320 Coit

54 Hempstead St, New London, CT

This home is located at 54 Hempstead St, New London, CT 06320 since 13 June 2022 and is currently estimated at $311,458, approximately $125 per square foot. This property was built in 1870. 54 Hempstead St is a home located in New London County with nearby schools including Harbor Elementary School, Bennie Dover Jackson Middle School, and New London 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.

Nearby Homes