$130,000
SOLD MAR 31, 2020

611 Ocean Ave Unit D4 New London, CT 06320

South New London Neighborhood
2 Beds
2.5 Baths
1,440 Sq Ft
$265/mo HOA Fee

Recently Sold

$90 Per Sq Ft

7% Below List Price

62 Days on Market

Highlights

  • 1 Fireplace
  • Baseboard Heating
  • 3-minute walk to Toby May Park
  • Walking Distance to Water

About This Home

As of December 2023

Investor owned two bedroom, 2.5 bath townhouse located in the south end of New London close to boating, beaches and the waterfront. New deck, propane gas fireplace and assigned parking. Close to L&M Hospital and EB/General Dynamics. UNIT NEEDS COSMETICS AND TLC. Don't miss out on this opportunity to own a unit at the much sought after Ocean Park Condominiums.

Last Agent to Sell the Property

Katy Schargus

RE/MAX on the Bay License #REB.0756527 Listed on: 11/27/2019

RE/MAX on the Bay

Last Buyer's Agent

Katy Schargus

RE/MAX on the Bay License #REB.0756527 Listed on: 11/27/2019

RE/MAX on the Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,458

Year Built

  • Built in 1987

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Frame Construction
  • Clap Board Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Walking Distance to Water

Schools

  • Nathan Hale Elementary School
  • New London High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, snow removal, property management, pest control
  • 36 Units
  • Ocean Park Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,458

Year Built

Built in 1987

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Neighborhood: Mitchell's Woods
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1440
  • Public Record Living Room Sq Ft: 1440
  • Total Sq Ft: 1440
  • Year Built: 1987
  • Nearby Amenities: Basketball Court, Medical Facilities, Playground/Tot Lot
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2400
  • Directions: Across from Toby May fiels
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Partially Finished
  • Appliances: Electric Cooktop, Refrigerator, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 611

Exterior Features

  • Exterior Siding: Clapboard
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management, Pest Control
  • Complex Name: Ocean Park
  • Levels In Unit: 2
  • HOA Fees: 265
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Unit Owners Association

Schools

  • Elementary School: Nathan Hale
  • High School: New London

Lot Info

  • Zoning: R-1

Rental Info

  • Pets Allowed Info: Permission from BOD
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4458
  • Total Assessed Value: 111720
  • Mil Rate Base: 39.900
  • Mil Rate Total: 39.900
  • Assessor Parcel Number: 1997306

Multi Family

  • Total Num Of Units: 36

MLS Schools

  • Elementary School: Nathan Hale
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 18, 2023
Sold by
Shaughnessy Barbara M and Shaughnessy Julia M
Bought by
Mclean Natasha A
Seller's Agent
Geoff Smith
RE/MAX on the Bay
Buyer's Agent
Samantha Conde
RE/MAX One
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Views
45
Current Estimated Value
$273,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,780
Avg. Annual Appreciation
5.81%
Original Mortgage
$200,000
Outstanding Balance
$197,320
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$76,460

Purchase Details

Listed on
Nov 27, 2019
Closed on
Mar 31, 2020
Sold by
Fabricant David
Bought by
Shaughnessy Barbara M and Shaughnessy Julia M
Seller's Agent
Katy Schargus
RE/MAX on the Bay
Buyer's Agent
Katy Schargus
RE/MAX on the Bay
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.22%
Original Mortgage
$117,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2004
Sold by
Brooks Roger
Bought by
Fabricant David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,450
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2003
Sold by
Lawson Marsha Jeanne
Bought by
Brooks Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
5.45%

Purchase Details

Closed on
Dec 6, 2001
Sold by
Spier Norman A
Bought by
Lawson Marsha Jeanne
Source: Public Records

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Range of Values:

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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 $250,000 None Available
Warranty Deed $130,000 None Available
Warranty Deed $225,000 --
Warranty Deed $199,900 --
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Purchase Money Mortgage
Previous Owner $117,000 Purchase Money Mortgage
Previous Owner $153,600 No Value Available
Previous Owner $177,450 Purchase Money Mortgage
Previous Owner $159,920 No Value Available
Previous Owner $39,980 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $250,000 0.0% $129 / Sq Ft
11/17/2023 11/17/23 For Sale $249,900 +92.2% $129 / Sq Ft
03/31/2020 03/31/20 Sold $130,000 -3.7% $90 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/15/2020 01/15/20 Price Changed $135,000 -3.6% $94 / Sq Ft
11/27/2019 11/27/19 For Sale $140,000 -- $97 / 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 $4,610 $169,500 $0 $169,500
2024 $4,661 $169,500 $0 $169,500
2023 $4,160 $111,720 $0 $111,720
2022 $4,168 $111,720 $0 $111,720
2021 $4,240 $111,720 $0 $111,720
2020 $4,267 $111,720 $0 $111,720
2019 $4,458 $111,720 $0 $111,720
2018 $5,070 $115,920 $0 $115,920
2017 $5,131 $115,920 $0 $115,920
2016 $4,690 $115,920 $0 $115,920
2015 $4,578 $115,920 $0 $115,920
2014 $3,973 $115,920 $0 $115,920
Source: Public Records

Agents Affiliated with this Home

  • Geoff Smith

    Seller's Agent in 2023

    Geoff Smith

    RE/MAX

    (860) 912-3209

    20 in this area

    141 Total Sales

    Geoff Smith
    Section Image
  • Samantha Conde

    Buyer's Agent in 2023

    Samantha Conde

    RE/MAX

    (401) 714-5784

    2 in this area

    62 Total Sales

    Samantha Conde
    Section Image
  • Katy Schargus

    Seller's Agent in 2020

    Katy Schargus

    RE/MAX

    (860) 608-6743

    9 in this area

    25 Total Sales

    Katy Schargus
    Section Image
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Map

Source: SmartMLS

MLS Number: 170254821

SmartMLS

APN: NLON-000013-000050-000191-000008

Connecticut New London County New London 06320 South New London

611 Ocean Ave Unit D4, New London, CT

This home is located at 611 Ocean Ave Unit D4, New London, CT 06320 and is currently priced at $130,000, approximately $90 per square foot. This property was built in 1987. 611 Ocean Ave Unit D4 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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