NOT LISTED FOR SALE

Farmington Arms 70 Farmington Ave Unit 1G New London, CT 06320

South New London Neighborhood

Estimated Value: $79,000 - $90,000

1 Bed
1 Bath
670 Sq Ft
$277/mo HOA Fee

Last Sold January 07, 2021

Last sale price $39,500 $59 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $811/month

13 Days on Market

Highlights

  • 24-Hour Security
  • Partially Wooded Lot
  • Park
  • Property is near public transit
  • Elevator
  • Accessible Ramps

About This Home

As of January 2021

Why Rent when you can Own??? Affordable condo in great location close to Ocean Beach Park. First floor for
easy access. Come see for yourself! Only $277 Condo fee includes heat and hot water! Current tenant pay $890 a month which includes electric.
No designated parking spaces. Each owner allowed to park two cars.

Last Agent to Sell the Property

Janice Johnson

Beacon Realty Group LLC License #REB.0790573 Listed on: 11/03/2020

Last Buyer's Agent

Jay Cusack

Executive Real Estate Inc. License #RES.0785249

Executive Real Estate Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,011

Year Built

  • Built in 1964

Lot Details

  • Partially Wooded Lot

HOA Fees

  • $277 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Siding
  • Masonry Siding

Interior Spaces

  • 670 Sq Ft Home
  • Awning
  • Concrete Flooring
  • Smart Thermostat
  • Laundry on lower level

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Heated Basement
  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry

Parking

  • Handicap Parking
  • Guest Parking
  • Visitor Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Ramps
  • Multiple Entries or Exits

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Harbor Elementary School
  • New London High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, heat, hot water, water, property management, pest control, road maintenance
  • 74 Units
  • Farmington Arms Community
  • Property managed by Northeast Property Group

Amenities

  • Public Transportation
  • Coin Laundry
  • Elevator

Recreation

  • Park

Pet Policy

  • Pets Allowed with Restrictions

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,011

Year Built

Built in 1964

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 670
  • Public Record Living Room Sq Ft: 670
  • Total Sq Ft: 670
  • Year Built: 1964
  • Nearby Amenities: Basketball Court, Commuter Bus, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Association Amenities: Elevator, Guest Parking, Park
  • Property Sub Type: Condominium
  • Handicap Features: Handicap Parking, Multiple Entries/Exits, Ramps
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 670
  • Directions: Ocean Ave. heading to beach. Right onto Farmington Ave.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Partial With Walk-Out, Heated, Concrete Floor, Interior Access, Walk-out
  • Appliances: Gas Range, Refrigerator, Dishwasher
  • Laundry Room Info: Coin Op Laundry, Lower Level
  • Attic: No
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Awnings, Sidewalk
  • Exterior Siding: Brick
  • Swimming Pool: No
  • Construction Description: Brick, Concrete

Garage/Parking

  • Garage Parking Info: Off Street Parking, Security

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Hot Water, Water, Property Management, Pest Control, Road Maintenance
  • Complex Name: Farmington Arms
  • HOA Fees: 277
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: GKliman@NEProperty.com
  • Property Manager Name: Gregory Kliman
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 8604377005

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Lot Description: Lightly Wooded
  • Zoning: R3

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 1011
  • Mil Rate Base: 38.190
  • Assessor Parcel Number: 1997132

Multi Family

  • Total Num Of Units: 74

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2014
Sold by
Toala Jimmy R
Bought by
Toala Jimmy R
Current Estimated Value
$85,245

Purchase Details

Closed on
Oct 1, 2004
Sold by
Kirsch Melvin and Kirsch Sylvia
Bought by
Toalanunez Jimmy
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
Toala Jimmy R -- --
Toalanunez Jimmy $67,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2021 01/07/21 Sold $39,500 -16.0% $59 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $47,000 -- $70 / 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 $1,042 $38,300 $0 $38,300
2024 $1,053 $38,300 $0 $38,300
2023 $985 $26,460 $0 $26,460
2022 $987 $26,460 $0 $26,460
2021 $1,004 $26,460 $0 $26,460
2020 $1,011 $26,460 $0 $26,460
2019 $1,056 $26,460 $0 $26,460
2018 $1,277 $29,190 $0 $29,190
2017 $1,292 $29,190 $0 $29,190
2016 $1,181 $29,190 $0 $29,190
2015 $1,153 $29,190 $0 $29,190
2014 $1,000 $29,190 $0 $29,190
Source: Public Records

Agents Affiliated with this Home

  • Janice Johnson

    Seller's Agent in 2021

    Janice Johnson

    Beacon Realty Group LLC

    (860) 287-4655

    2 in this area

    11 Total Sales

    Janice Johnson
    Section Image
  • Jay Cusack

    Buyer's Agent in 2021

    Jay Cusack

    Executive Real Estate

    (860) 883-5549

    3 in this area

    217 Total Sales

    Jay Cusack
    Section Image
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About Farmington Arms

Map

Source: SmartMLS

MLS Number: 170352774

SmartMLS

APN: NLON-000012-000050-000001-000008

Connecticut New London County New London 06320 South New London

70 Farmington Ave Unit 1G, New London, CT

Not Listed for Sale

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