$149,000
SOLD FEB 16, 2016

611 Ocean Ave Unit F3 New London, CT 06320

South New London Neighborhood
2 Beds
2.5 Baths
1,440 Sq Ft
$240/mo HOA Fee

Recently Sold

$103 Per Sq Ft

12% Below List Price

302 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Property is near a bus stop
  • 1 Fireplace
  • Guest Parking
  • 3-minute walk to Toby May Park

About This Home

As of August 2017

Classic Ocean Park Condo with 2 Bedrooms, 2.5 Baths, living room with fireplace, 2 decks, full Basement and garage. New stainless steel appliances. Perfect location close to beaches and boating!
PRICED TO SELL LISTED UNDER MARKET VALUE!

Last Agent to Sell the Property

Katy Schargus

RE/MAX on the Bay License #REB.0756527 Listed on: 01/12/2015

RE/MAX on the Bay

Last Buyer's Agent

Ron Donovan

RE/MAX on the Bay License #RES.0784417

RE/MAX on the Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,577

Year Built

  • Built in 1987

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Shake Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Guest Parking
  • Visitor Parking

Schools

  • Boe Elementary School
  • Bennie Dover Jackson Middle School
  • New London High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a bus stop

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,577

Year Built

Built in 1987

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Total Sq Ft: 1440
  • Year Built: 1987
  • Nearby Amenities: Walk to Bus Lines
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Ocean Ave past L& M Hospital - across from Toby May Field. Second building on the left.
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 611

Exterior Features

  • Exterior Features: Deck, Outside Storage Area
  • Exterior Siding: Shake
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Total Parking Spaces: 2

Utilities

  • 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, Property Management, Snow Removal, Trash Pickup
  • Complex Name: Ocean Park
  • Levels In Unit: 2
  • HOA Fees: 240
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-on Site
  • Property Mgt Company Name: Self Managed

Schools

  • Elementary School: BOE
  • High School: New London
  • Intermediate School: Bennie Dover Jackson

Lot Info

  • Elevation Certificate: No
  • Flood Zone: No

Rental Info

  • Pets Allowed Info: small pets
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4577
  • Total Assessed Value: 115920
  • Mil Rate Total: 39.490
  • Assessor Parcel Number: 1997317

Multi Family

  • Total Num Of Units: 36

MLS Schools

  • Elementary School: BOE
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2017
Closed on
Sep 1, 2017
Sold by
Brunelle Elaine T
Bought by
Carlson Ronald A and Carlson Bettie P
Seller's Agent
Ron Donovan
RE/MAX on the Bay
Buyer's Agent
Michelle Mayo
eXp Realty
List Price
$173,900
Sold Price
$160,000
Premium/Discount to List
-$13,900
-7.99%
Current Estimated Value
$281,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,088
Avg. Annual Appreciation
7.39%
Original Mortgage
$120,000
Outstanding Balance
$100,845
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,243

Purchase Details

Listed on
Jan 12, 2015
Closed on
Feb 16, 2016
Sold by
Benoit Jeffrey
Bought by
Brunelle Elaine T
Seller's Agent
Katy Schargus
RE/MAX on the Bay
Buyer's Agent
Ron Donovan
RE/MAX on the Bay
List Price
$169,900
Sold Price
$149,000
Premium/Discount to List
-$20,900
-12.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$144,027
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2014
Sold by
Benoit Cecelia H
Bought by
Benoit Jeffrey
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 $160,000 --
Warranty Deed $149,000 --
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 Purchase Money Mortgage
Previous Owner $144,027 FHA
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $160,000 -2.4% $111 / Sq Ft
07/02/2017 07/02/17 Pending -- -- --
06/29/2017 06/29/17 Price Changed $164,000 -2.4% $114 / Sq Ft
06/13/2017 06/13/17 Price Changed $168,000 -3.4% $117 / Sq Ft
05/13/2017 05/13/17 For Sale $173,900 +16.7% $121 / Sq Ft
02/16/2016 02/16/16 Sold $149,000 -12.3% $103 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $169,900 -- $118 / 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 $4,787 $176,000 $0 $176,000
2024 $4,840 $176,000 $0 $176,000
2023 $4,317 $115,920 $0 $115,920
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

  • Ron Donovan

    Seller's Agent in 2017

    Ron Donovan

    RE/MAX

    (860) 287-1216

    13 in this area

    60 Total Sales

    Ron Donovan
    Section Image

  • M

    Buyer's Agent in 2017

    Michelle Mayo

    eXp Realty

    Section Image
  • Katy Schargus

    Seller's Agent in 2016

    Katy Schargus

    RE/MAX

    (860) 608-6743

    9 in this area

    25 Total Sales

    Katy Schargus
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: E10014721

SmartMLS

APN: NLON-000013-000050-000192-000009

Connecticut New London County New London 06320 South New London

611 Ocean Ave Unit F3, New London, CT

This home is located at 611 Ocean Ave Unit F3, New London, CT 06320 and is currently priced at $149,000, approximately $103 per square foot. This property was built in 1987. 611 Ocean Ave Unit F3 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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