NOT LISTED FOR SALE

Estimated Value: $251,000 - $344,000

7 Beds
4 Baths
2,024 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $205,000 $101 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,858/month

249 Days on Market

Highlights

  • Deck
  • No HOA
  • Private Driveway
  • Attic
  • Baseboard Heating
  • 1-minute walk to Williams Memorial Park

About This Home

As of September 2022

This 2 unit multi family property is great for those looking to find affordable housing in the New London area while also collecting rental income. Situated in a very walkable area, it’s close to the state parks and historic sites offered in New London. Built in 1893, this colorful home features great natural light, two full baths, and a spacious deck overlooking the back patio. Also features outside parking with a private off-street driveway. There is plenty of extra space in the recreation and living rooms. The backyard offers a great space for entertaining and dining during the warmer months. A 50 year property deed requires the home to be sold to a low to moderate income family. Schedule a tour today!

Last Agent to Sell the Property

Tina Wazny

Coldwell Banker Realty License #RES.0817245 Listed on: 10/25/2021

Coldwell Banker Realty

Co-Listed By

Brandon Martin

Advise Realty Services License #RES.0815622

Last Buyer's Agent

Carlos Luque

Luque Realty LLC License #REB.0793465

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 1893

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,024 Sq Ft Home
  • Pull Down Stairs to Attic
  • Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • Parking Deck
  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Dover Jackson Middle School
  • New London High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,165

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2024
  • Public Record Living Room Sq Ft: 2024
  • Total Sq Ft: 2024
  • Year Built: 1893
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3930
  • Tax Year Updated Dt: 08/01/2022
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Pull-Down Stairs
  • Basement Description: Fully Finished
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Private, Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.0800
  • Lot Description: Level Lot
  • Zoning: Res

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3165
  • Mil Rate Base: 37.310
  • Assessor Parcel Number: 1999605

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Dover Jackson
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Sep 20, 2022
Sold by
Damas Rodolphe and Easley Shanda
Bought by
Carela Fernely A and Castanon Miguel P
Seller's Agent
Tina Wazny
Coldwell Banker Realty
Buyer's Agent
Carlos Luque
Luque Realty LLC
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Views
34
Current Estimated Value
$292,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,703
Avg. Annual Appreciation
11.70%
Original Mortgage
$243,996
Outstanding Balance
$233,053
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$59,650

Purchase Details

Closed on
Feb 8, 2007
Sold by
Hope Inc
Bought by
Damas Rodolphe

Purchase Details

Closed on
Jun 29, 2004
Sold by
House New London Llc
Bought by
Hope Inc

Purchase Details

Closed on
Nov 5, 1997
Sold by
Velez Juan A
Bought by
Ayala Victor and Rivera Nurinalda

Purchase Details

Closed on
Feb 3, 1997
Sold by
Eastern Savings Bank
Bought by
Velez Juan A
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
Carela Fernely A $205,000 None Available
Damas Rodolphe $165,000 --
Damas Rodolphe $165,000 --
Hope Inc $59,500 --
Hope Inc $59,500 --
Ayala Victor $108,000 --
Ayala Victor $108,000 --
Velez Juan A $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carela Fernely A $243,996
Previous Owner Velez Juan A $144,688
Previous Owner Velez Juan A $144,614
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Sold $205,000 +2.6% $101 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $199,900 0.0% $99 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/31/2022 03/31/22 Price Changed $199,900 -4.8% $99 / Sq Ft
03/22/2022 03/22/22 For Sale $209,900 0.0% $104 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/23/2022 02/23/22 Price Changed $209,900 -6.7% $104 / Sq Ft
01/25/2022 01/25/22 Price Changed $224,900 -6.3% $111 / Sq Ft
10/25/2021 10/25/21 For Sale $239,900 -- $119 / 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 $3,876 $142,500 $31,300 $111,200
2024 $3,919 $142,500 $31,300 $111,200
2023 $3,159 $84,840 $13,090 $71,750
2022 $3,165 $84,840 $13,090 $71,750
2021 $3,220 $84,840 $13,090 $71,750
2020 $3,240 $84,840 $13,090 $71,750
2019 $3,385 $84,840 $13,090 $71,750
2018 $3,252 $74,340 $16,660 $57,680
2017 $3,290 $74,340 $16,660 $57,680
2016 $3,008 $74,340 $16,660 $57,680
2015 $2,936 $74,340 $16,660 $57,680
2014 $2,543 $74,200 $16,660 $57,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170445482

SmartMLS

APN: NLON-000025-000134-000061