NOT LISTED FOR SALE

Estimated Value: $438,000 - $514,000

2 Beds
1 Bath
816 Sq Ft
$566/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $395,000 $484 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,973/month

53 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Property is near golf course and public transit
  • Waterford High School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of July 2024

Embrace the serenity of waterfront living in this inviting two-bedroom ranch nestled along the shores of Alewife Cove. Inside, natural light streams through the windows, creating a comfortable and welcoming ambiance. Take in the picturesque views of the cove, offering a peaceful retreat right from the comfort of home. Hardwood floors throughout the main living level enhance the charm of the space. The lower level offers some partially finished space, including one room that would be ideal for an office or home gym. Conveniently situated near major employers, this residence strikes a balance between work and relaxation. The New London Amtrak station is just a short drive away, making travel to Boston, New York, and beyond a breeze. With Ocean Beach, Waterford Beach, and Harkness State Park just minutes away, outdoor enthusiasts will find endless opportunities for leisure close to home. Escape to the tranquility of waterfront living-schedule your viewing today!

Last Agent to Sell the Property

Amanda Girouard

CENTURY 21 Shutters & Sails License #REB.0795469 Listed on: 05/17/2024

CENTURY 21 Shutters & Sails

Last Buyer's Agent

Tyler Phelps

eXp Realty License #REB.0792259

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,217

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Waterfront
  • Property is zoned VR75W

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 816 Sq Ft Home
  • Open Floorplan
  • Workshop
  • Concrete Flooring
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Unfinished Attic
  • Attic or Crawl Hatchway Insulated

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access

Parking

  • 1 Car Garage
  • Parking Deck

Outdoor Features

  • Deck

Location

  • Flood Zone Lot
  • Property is near golf course and public transit

Schools

  • Waterford High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Garage

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1586060

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,217

Year Built

Built in 1950

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Neighborhood: Ridgewood Park
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 816
  • Total Sq Ft: 816
  • Year Built: 1950
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Public Pool, Public Transportation
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Ocean Ave to Niles Hill to E. Neck Rd to Ridgewood Ave to Shore Dr
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Unfinished, Access Via Hatch
  • Basement Description: Full, Garage Access, Interior Access, Partially Finished, Concrete Floor, Full With Walk-Out
  • Interior Amenities: Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Additional Rooms: Workshop
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Wood
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage Walk to Water View Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Under House Garage

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: Electric, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.12
  • Lot Description: Level Lot Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: VR75W
  • Parcel #: 1586060

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6217

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 17, 2024
Sold by
Lalima Mark A and Lalima Barbara J
Bought by
Marden Jesse T
Seller's Agent
Amanda Girouard
CENTURY 21 Shutters & Sails
Buyer's Agent
Tyler Phelps
eXp Realty
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Views
59
Current Estimated Value
$461,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,922
Avg. Annual Appreciation
9.58%
Original Mortgage
$355,500
Outstanding Balance
$349,696
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$112,226

Purchase Details

Listed on
Nov 27, 2023
Closed on
Dec 28, 2023
Sold by
Hagar George Est and Gregory
Bought by
Lalima Mark A and Lalima Barbara J
Seller's Agent
Merry Cassabria
RE/MAX Realty Group
Buyer's Agent
Amanda Girouard
CENTURY 21 Shutters & Sails
List Price
$385,000
Sold Price
$395,000
Premium/Discount to List
$10,000
2.6%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$316,000
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marden Jesse T -- None Available
Marden Jesse T -- None Available
Lalima Mark A $395,000 None Available
Lalima Mark A $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marden Jesse T $355,500
Closed Marden Jesse T $355,500
Previous Owner Lalima Mark A $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2024 07/09/24 Sold $395,000 -1.2% $484 / Sq Ft
05/17/2024 05/17/24 For Sale $399,900 +1.2% $490 / Sq Ft
12/28/2023 12/28/23 Sold $395,000 +2.6% $484 / Sq Ft View Prior Sale
11/29/2023 11/29/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $385,000 -- $472 / Sq Ft
Source: SmartMLS

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 $6,513 $278,800 $206,120 $72,680
2024 $6,217 $278,800 $206,120 $72,680
2023 $5,720 $269,810 $206,120 $63,690
2022 $5,182 $188,020 $139,300 $48,720
2021 $5,197 $188,020 $139,300 $48,720
2020 $5,240 $188,020 $139,300 $48,720
2019 $5,261 $188,020 $139,300 $48,720
2018 $5,156 $188,020 $139,300 $48,720
2017 $5,041 $186,490 $139,300 $47,190
2016 $4,994 $186,490 $139,300 $47,190
2015 $4,817 $186,490 $139,300 $47,190
2014 $4,625 $186,490 $139,300 $47,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24018208

SmartMLS

APN: WATE-000169-000000-007472

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