NOT LISTED FOR SALE

Estimated Value: $63,000 - $437,000

0.31 Acre
$827,928 Price per Acre
13,434 Sq Ft Lot

Last Sold September 01, 2021

Last sale price $60,000 $30 Per Sq Ft

Est. 326% increase in value since last sale

Current estimated payment $1,760/month

76 Days on Market

Highlights

  • Beach Front
  • No HOA
  • Public Transportation
  • Property is near public transit

About This Lot

As of September 2021

Last of the waterfront lots in New London Ct. Recently surveyed and elevation marked. A2 survey available, plot plan for first floor of house 1,7068 square feet, may have second area for small beach cabana or other building, views are at the mouth of the river and sound . House would have to be built to flood zone standards .Final approvals needed.

Last Agent to Sell the Property

Ann Stewart

William Pitt Sotheby's Int'l License #RES.0657100 Listed on: 11/01/2019

William Pitt Sotheby's Int'l

Last Buyer's Agent

Ann Stewart

William Pitt Sotheby's Int'l License #RES.0657100 Listed on: 11/01/2019

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Lot Details

  • 0.31 Acre Lot
  • Beach Front
  • River Front
  • Sloped Lot

Property Views

  • Water Views

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Pboe Elementary And Middle School
  • Bennie Dover Jackson Middle School
  • New London High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Public Transportation

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Commuter Bus, Park, Playground/Tot Lot, Private Rec Facilities, Public Pool, Public Rec Facilities, Public Transportation, Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Flood Plain Restrictions, Easements
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Pequot avenue to number 608
  • Special Features: None

Exterior Features

  • Waterfront Description: Direct Waterfront, River, Beach, View
  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric, Gas, Telephone, Cable
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Bennie Dover Jackson

Lot Info

  • Acres: 0.3084
  • Lot Description: Water View, Sloping Lot
  • Flood Zone: Yes
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5555
  • Mil Rate Base: 37.950
  • Assessor Parcel Number: 1996628

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Aug 25, 2021
Sold by
G M Diehl Llc
Bought by
Reagan Homes Llc
Seller's Agent
Ann Stewart
William Pitt Sotheby's Int'l
Buyer's Agent
Ann Stewart
William Pitt Sotheby's Int'l
List Price
$108,000
Sold Price
$60,000
Premium/Discount to List
-$48,000
-44.44%
Current Estimated Value
$255,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,333
Avg. Annual Appreciation
40.49%

Purchase Details

Closed on
Jul 27, 2004
Sold by
Berkman Paul and Berkman Suzanne
Bought by
Spencer Pond Llc
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
Reagan Homes Llc -- None Available
Reagan Homes Llc -- None Available
Spencer Pond Llc $250,000 --
Spencer Pond Llc $250,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $60,000 -44.4% $30 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $108,000 -- $54 / 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 $4,986 $183,300 $183,300 $0
2024 $5,041 $183,300 $183,300 $0
2023 $5,451 $146,370 $146,370 $0
2022 $5,461 $146,370 $146,370 $0
2021 $5,555 $146,370 $146,370 $0
2020 $5,590 $146,370 $146,370 $0
2019 $5,840 $146,370 $146,370 $0
2018 $6,402 $146,370 $146,370 $0
2017 $6,478 $146,370 $146,370 $0
2016 $5,922 $146,370 $146,370 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170249474

SmartMLS

APN: H23 36 2