NOT LISTED FOR SALE

58 Ring Dr Groton, CT 06340

Estimated Value: $362,000 - $490,000

4 Beds
2 Baths
1,904 Sq Ft
$217/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $270,000 $142 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,603/month

8 Days on Market

Highlights

  • Attic
  • Patio
  • Baseboard Heating
  • No HOA
  • Property is near a bus stop
  • Private Driveway

About This Home

As of November 2022

Is it your time to own a solid rental for passive income? Live in one side and let the other side supplement your mortgage? This townhouse style Duplex is a great opportunity! Live close to sub-base, downtown Mystic, beaches and shopping! Showings begin this weekend! Make Your Move!

Last Agent to Sell the Property

Tammy Boles-Senkewitcz

Asset Real Estate License #REB.0790170 Listed on: 10/14/2022

Last Buyer's Agent

Nicole Solon

RE/MAX on the Bay License #RES.0811282

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,780

Year Built

  • Built in 1966

Lot Details

  • 0.39 Acre Lot
  • Level Lot

Parking

  • Private Driveway

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Fitch Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Additional Features

  • Patio
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,780

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Neighborhood: Poquonock Bridge
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1904
  • Public Record Living Room Sq Ft: 1904
  • Total Sq Ft: 1904
  • Year Built: 1966
  • Nearby Amenities: Basketball Court, Library, Park, Playground/Tot Lot, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 1904
  • Directions: Fort Hill Rd (Rte 1) to Ring Drive
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Attic: Yes

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.3900
  • Lot Description: Level Lot
  • Zoning: R-12

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4780
  • Mil Rate Base: 21.280
  • Mil Rate Tax District: 5.320
  • Assessor Parcel Number: 1955116

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 10, 2022
Sold by
Thompson Mike D
Bought by
Cochancela Rodrigo
Seller's Agent
Tammy Boles-Senkewitcz
Asset Real Estate
Buyer's Agent
Nicole Solon
RE/MAX on the Bay
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Views
40
Current Estimated Value
$412,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,458
Avg. Annual Appreciation
14.50%
Original Mortgage
$10,000
Outstanding Balance
$9,668
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$402,790
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Cochancela Rodrigo $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochancela Rodrigo $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $270,000 -1.8% $142 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $275,000 -- $144 / 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 $5,303 $179,690 $75,957 $103,733
2024 $4,992 $179,690 $75,957 $103,733
2023 $4,893 $179,690 $31,500 $148,190
2022 $4,780 $179,690 $31,500 $148,190
2021 $4,005 $123,340 $31,500 $91,840
2020 $3,900 $123,340 $31,500 $91,840
2019 $3,756 $123,340 $31,500 $91,840
2018 $3,717 $123,340 $31,500 $91,840
2017 $3,621 $123,340 $31,500 $91,840
2016 $4,012 $142,870 $49,280 $93,590
2015 $3,857 $142,870 $49,280 $93,590
2014 $3,755 $142,870 $49,280 $93,590
Source: Public Records

Agents Affiliated with this Home

  • Tammy Boles-Senkewitcz

    Seller's Agent in 2022

    Tammy Boles-Senkewitcz

    Asset Real Estate

    (860) 908-4663

    9 in this area

    85 Total Sales

    Tammy Boles-Senkewitcz
    Section Image
  • Nicole Solon

    Buyer's Agent in 2022

    Nicole Solon

    RE/MAX

    (860) 334-3544

    6 in this area

    51 Total Sales

    Nicole Solon
    Section Image
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Map

Source: SmartMLS

MLS Number: 170529541

SmartMLS

APN: GROT-002608-000508-002626

Connecticut New London County Groton 06340

58 Ring Dr, Groton, CT

Not Listed for Sale

MultiFamily

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