$491,000
SOLD MAR 20, 2025
7 Beds
3 Baths
3,005 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

2% Above List Price

37 Days on Market

About This Home

As of March 2025

Excellent Investment or Owner-Occupy Opportunity! This Updated 2-family home offers the perfect blend of Space, Comfort, and Convenience with a Freshly Paved Driveway and a Lovely Large Backyard. These Open Floor Plan units both have New Kitchens & Bathrooms as well as In-Unit Washers & Dryers. Unit 1 is a spacious 3-bedroom, 1-bath. Unit 2 provides 4 bedrooms, 2 full baths. Located just a short walk to downtown and Electric Boat-New London, this property is minutes from restaurants, shopping, healthcare, entertainment, major employers, beaches, schools, and much more. Conveniently situated 15 minutes from Niantic and the Groton Subbase, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border. New London's Shoreline location is Midway between New York and Boston, offering easy access to Land, Rail, and Water transportation, and less than an hour to Major Airports.

Last Agent to Sell the Property

Ferdinand Giacinto

RE/MAX on the Bay License #RES.0257400 Listed on: 02/10/2025

RE/MAX on the Bay

Last Buyer's Agent

Barbara Hernandez

RE/MAX One License #RES.0814486

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,850

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,005 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1999543

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,850

Year Built

Built in 1900

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: 3005
  • Total Sq Ft: 3005
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS to 58 Colman St. Colman is one way street at the location.
  • Financing Used: FHA
  • Living Area Sq Ft Per Public Record: 3005
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Info: None
  • Attic: No
  • Street Number Modifier: 58

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.15
  • Lot Description: Level Lot
  • Zoning: R-1A
  • Parcel #: 1999543

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3850
  • Total Assessed Value: 140000
  • Mil Rate Total: 27.5

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
Feb 10, 2025
Closed on
Mar 20, 2025
Sold by
Anchor Apartments 58 Llc
Bought by
Diaz Dianna J and Reyes Luis E
Seller's Agent
Ferdinand Giacinto
RE/MAX on the Bay
Buyer's Agent
Barbara Hernandez
RE/MAX One
List Price
$480,000
Sold Price
$491,000
Premium/Discount to List
$11,000
2.29%
Views
56
Current Estimated Value
$486,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,848
Avg. Annual Appreciation
-2.28%
Original Mortgage
$485,106
Outstanding Balance
$483,467
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$2,127

Purchase Details

Closed on
Oct 30, 1996
Sold by
Dineen Charles H and Dineen Margaret J
Bought by
Albert Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,934
Interest Rate
8.07%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $491,000 None Available
Warranty Deed $491,000 None Available
Warranty Deed $63,000 --
Warranty Deed $63,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $485,106 FHA
Closed $485,106 FHA
Previous Owner $262,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $74,376 No Value Available
Previous Owner $74,219 No Value Available
Previous Owner $62,934 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $491,000 +2.3% $163 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $480,000 0.0% $160 / Sq Ft
07/30/2024 07/30/24 Rented $1,825 -3.7% --
06/24/2024 06/24/24 Under Contract -- -- --
03/26/2024 03/26/24 For Rent $1,895 0.0% --
03/07/2022 03/07/22 Sold $220,000 -15.1% $73 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $259,000 +17.7% $86 / Sq Ft
01/11/2022 01/11/22 Off Market $220,000 -- --
12/20/2021 12/20/21 Price Changed $259,000 0.0% $86 / Sq Ft
12/20/2021 12/20/21 For Sale $259,000 -7.2% $86 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $279,000 -- $93 / 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 $3,808 $140,000 $31,400 $108,600
2024 $3,850 $140,000 $31,400 $108,600
2023 $3,485 $93,590 $25,130 $68,460
2022 $3,492 $93,590 $25,130 $68,460
2021 $3,552 $93,590 $25,130 $68,460
2020 $3,574 $93,590 $25,130 $68,460
2019 $3,734 $93,590 $25,130 $68,460
2018 $3,490 $79,800 $25,130 $54,670
2017 $3,532 $79,800 $25,130 $54,670
2016 $3,229 $79,800 $25,130 $54,670
2015 $3,151 $79,800 $25,130 $54,670
2014 $2,735 $79,800 $25,130 $54,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24073152

SmartMLS

APN: NLON-000025-000127-000019