$32,000
SOLD JAN 30, 2023

59 Kings Hwy Ledyard, CT 06335

Gales Ferry Neighborhood
1.64 Acres
$19,512 Price per Acre
71,438 Sq Ft Lot

Recently Sold

35% Below List Price

316 Days on Market

Highlights

  • 1.64 Acre Lot
  • No HOA
  • Many Trees
  • Corner Lot

About This Lot

As of May 2025

On 1.64 acres, public water in street with 676 feet of road frontage on King’s HWY and 501 on Christy Hill. Zoned GFDD Gales Ferry Design District, which allows for Mixed Use, Commercial, Residential, Multifamily, Retail to name a few. Please see zoning regulations attached. Also, for sale abutting property at 109 Christy Hill 13.33 Acres $219,000.

Last Agent to Sell the Property

Ron Lyman

Lyman Real Estate License #REB.0751794 Listed on: 03/10/2022

Last Buyer's Agent

Ron Lyman

Lyman Real Estate License #REB.0751794 Listed on: 03/10/2022

Property Details

Property Type

  • Land

Lot Details

  • 1.64 Acre Lot
  • Property fronts a state road
  • Corner Lot
  • Many Trees
  • Property is zoned GFDD

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2022
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Street Number Modifier: 59

Exterior Features

  • Road Frontage Description: State Road, Municipal Street, Paved Road
  • Road Frontage Approximate: 676

Utilities

  • Water Source: Public Water In Street
  • Utilities Available: Electric Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 1.6400
  • Lot Description: Corner Lot, Treed
  • Lots Number Of: 1
  • Zoning: GFDD

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2879
  • Total Assessed Value: 85120
  • Mil Rate Base: 33.820
  • Mil Rate Total: 33.820
  • Assessor Parcel Number: 1513010

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2024
Sold by
59Kingshighway Llc
Bought by
Donco Llc
Source: Public Records

Range of Values:

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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 $80,000 None Available
Warranty Deed $80,000 None Available
Warranty Deed $80,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,400 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $109,900 -12.7% $125 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
03/30/2025 03/30/25 For Sale $125,900 0.0% $143 / Sq Ft
03/27/2025 03/27/25 Sold $125,900 +14.6% $143 / Sq Ft
03/08/2025 03/08/25 For Sale $109,900 -12.7% $125 / Sq Ft
01/13/2025 01/13/25 Sold $125,900 0.0% $143 / Sq Ft
11/14/2024 11/14/24 For Sale $125,900 0.0% $143 / Sq Ft
10/30/2024 10/30/24 For Sale $125,900 +293.4% $143 / Sq Ft
01/30/2023 01/30/23 Sold $32,000 -34.7% --
03/10/2022 03/10/22 For Sale $49,000 -- --
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 $4,027 $106,050 $60,550 $45,500
2024 $2,997 $85,120 $85,120 $0
2023 $2,942 $85,120 $85,120 $0
2022 $2,879 $85,120 $85,120 $0
2021 $2,860 $85,120 $85,120 $0
2020 $3,909 $111,790 $111,790 $0
2019 $3,919 $111,790 $111,790 $0
2018 $3,833 $111,790 $111,790 $0
2017 $3,638 $111,790 $111,790 $0
2016 $3,566 $111,790 $111,790 $0
2015 $3,398 $111,790 $111,790 $0
2014 $3,343 $111,790 $111,790 $0
Source: Public Records

Agents Affiliated with this Home

  • Erin Gardner

    Seller's Agent in 2025

    Erin Gardner

    RE/MAX

    (860) 917-9272

    4 in this area

    14 Total Sales

    Erin Gardner
    Section Image
  • Tina Luft

    Buyer's Agent in 2025

    Tina Luft

    Kazantzis Real Estate, LLC

    (860) 917-1073

    1 in this area

    133 Total Sales

    Tina Luft
    Section Image
  • Camille Taylor

    Buyer's Agent in 2025

    Camille Taylor

    Taylor Realty Group, LLC

    (860) 625-5858

    1 in this area

    52 Total Sales

    Camille Taylor
    Section Image
  • Laurie Hayes-Hagstrom

    Buyer's Agent in 2025

    Laurie Hayes-Hagstrom

    On The Move Realty, LLC

    (860) 608-4867

    1 in this area

    271 Total Sales

    Laurie Hayes-Hagstrom
    Section Image
  • Ron Lyman

    Seller's Agent in 2023

    Ron Lyman

    Lyman Real Estate

    (860) 884-4666

    1 in this area

    47 Total Sales

    Ron Lyman
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170472899

SmartMLS

APN: LEDY-000092-001160-000059

Connecticut New London County Ledyard 06335 Gales Ferry

59 Kings Hwy, Ledyard, CT

This home is located at 59 Kings Hwy, Ledyard, CT 06335 and is currently priced at $32,000. 59 Kings Hwy is a home located in New London County with nearby schools including Ledyard Middle School, Ledyard High School, and Academy Of St Therese.

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