NOT LISTED FOR SALE

60 Mountain Ave New London, CT 06320

Coit Neighborhood

Estimated Value: $195,971 - $316,000

7 Beds
3 Baths
2,048 Sq Ft
$130/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $119,839 $59 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,871/month

92 Days on Market

Highlights

  • Finished Attic
  • No HOA
  • Baseboard Heating
  • Attic
  • Hot Water Circulator
  • 5-minute walk to Williams Memorial Park

About This Home

As of February 2019

BROKER IS OWNER. Excellent 3-unit investment property. Nicely updated and easy to rent. $2400 month rental income potential or more.

The street level unit has electric heat (no gas bill). The 1st floor and 2nd floor units have gas hot water baseboard.
The 2nd floor unit has access to finished attic storage space via pull down staircase. Attic has electricals and separately zoned heat.

Last Listed By

Stuart Ryan

Lyme Real Estate License #REB.0789785 Listed on: 07/02/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 1865

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • 2,048 Sq Ft Home
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Attic

  • Pull Down Stairs to Attic
  • Finished Attic

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Schools

  • C. B. Jennings Elementary School
  • New London High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,868

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2048
  • Public Record Living Room Sq Ft: 2048
  • Total Sq Ft: 2048
  • Year Built: 1865
  • Remarks Public Addendum: This property is subject to deed restrictions and land covenants recorded in the City of New London land records book #939, page #52. For full details of the restrictions that run with this property please reference the land records.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3768
  • Directions: Williams or Hempstead to Manwaring to Mountain Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Pull-Down Stairs, Finished, Heated
  • Basement Description: Full With Walk-Out, Partially Finished, Heated
  • Laundry Room Info: Hook-Up In Unit 2, Hook-Up In Unit 3
  • Attic: Yes
  • Street Number Modifier: 60

Exterior Features

  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Garages Number: 1

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: C. B. Jennings
  • High School: New London

Lot Info

  • Acres: 0.0700
  • Lot Description: N/A
  • Zoning: R-2

Multi Family

  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 2868
  • Total Assessed Value: 66430
  • Mil Rate Base: 44.260
  • Mil Rate Total: 43.170
  • Assessor Parcel Number: 2000152

MLS Schools

  • Elementary School: C. B. Jennings
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Feb 1, 2019
Sold by
Ryan Stuart W
Bought by
Brito Lirio
Seller's Agent
Stuart Ryan
Lyme Real Estate
Buyer's Agent
Luis Almanzar
Blue Diamond Realty, LLC
List Price
$139,000
Sold Price
$119,839
Premium/Discount to List
-$19,161
-13.78%
Total Days on Market
92
Current Estimated Value
$266,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,404
Avg. Annual Appreciation
13.42%
Original Mortgage
$117,667
Outstanding Balance
$103,824
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$161,800

Purchase Details

Listed on
Jul 17, 2012
Closed on
Nov 29, 2012
Sold by
Old Ironsides Llc
Bought by
Ryan Stuart W
Seller's Agent
Patrick Baxter
Baxter Realty
Buyer's Agent
Non Member
NON MEMBERS
List Price
$105,000
Sold Price
$104,000
Premium/Discount to List
-$1,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$78,000
Interest Rate
3.4%

Purchase Details

Closed on
Aug 27, 2008
Sold by
Accredited Home Lender
Bought by
Old Ironsides Llc

Purchase Details

Closed on
Feb 6, 2006
Sold by
Povanny Santos
Bought by
Santini Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.31%

Purchase Details

Closed on
May 19, 2005
Sold by
Santos Yovanny and Santos Keyla
Bought by
Santos Yovanny and Santos Keyla

Purchase Details

Closed on
May 24, 2001
Sold by
Carmona Celedonio and Carmona Cynthia
Bought by
Santos Yovanny

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 Buyer Sale Price Title Company
Brito Lirio $119,839 --
Ryan Stuart W $104,000 --
Old Ironsides Llc $85,006 --
Santini Omar $265,000 --
Santos Yovanny $2,000 --
Santos Yovanny $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brito Lirio $117,667
Previous Owner Fabish Paul $78,000
Previous Owner Fabish Paul $212,000
Previous Owner Fabish Paul $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $119,839 -16.2% $59 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/28/2018 09/28/18 Price Changed $143,000 +2.9% $70 / Sq Ft
09/27/2018 09/27/18 For Sale $139,000 0.0% $68 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
08/27/2018 08/27/18 Price Changed $139,000 -2.8% $68 / Sq Ft
07/30/2018 07/30/18 Price Changed $143,000 -4.0% $70 / Sq Ft
07/02/2018 07/02/18 For Sale $149,000 +43.3% $73 / Sq Ft
11/27/2012 11/27/12 Sold $104,000 -1.0% $51 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $105,000 -- $51 / 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 $4,576 $166,400 $30,900 $135,500
2023 $3,394 $91,140 $12,950 $78,190
2022 $3,400 $91,140 $12,950 $78,190
2021 $3,459 $91,140 $12,950 $78,190
2020 $3,481 $91,140 $12,950 $78,190
2019 $3,636 $91,140 $12,950 $78,190
2018 $2,906 $66,430 $16,520 $49,910
2017 $2,940 $66,430 $16,520 $49,910
2016 $2,688 $66,430 $16,520 $49,910
2015 $2,623 $66,430 $16,520 $49,910
2014 -- $66,430 $16,520 $49,910
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Stuart Ryan

    Lyme Real Estate

  • Luis Almanzar

    Buyer's Agent in 2019

    Luis Almanzar

    Blue Diamond Realty, LLC

    (860) 389-0105

    Section Image

  • P

    Seller's Agent in 2012

    Patrick Baxter

    Baxter Realty

    (860) 608-8652

    1 Total Sale

    Patrick Baxter
    Section Image

  • N

    Buyer's Agent in 2012

    Non Member

    NON MEMBERS

See All Agents

Map

Source: SmartMLS

MLS Number: 170101402

SmartMLS

APN: NLON-000029-000165-000006

Connecticut New London County New London 06320 Coit

60 Mountain Ave, New London, CT

Homes for Sale in New London, CT

This home is located at 60 Mountain Ave, New London, CT 06320 since 02 July 2018 and is currently estimated at $266,243, approximately $130 per square foot. This property was built in 1865. 60 Mountain Ave 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.

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