NOT LISTED FOR SALE

Farmington Arms 70 Farmington Ave Unit 3T New London, CT 06320

South New London Neighborhood

Estimated Value: $74,000 - $91,000

1 Bed
1 Bath
680 Sq Ft
$273/mo HOA Fee

Last Sold April 22, 2016

Last sale price $20,000 $29 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $829/month

35 Days on Market

Highlights

  • In Ground Pool
  • Baseboard Heating
  • Laundry Facilities
  • Accessible Ramps

About This Home

As of April 2016

Building located in residential setting. Unit in need of updating/repairs throughout (complete rehab). Monthly HOA fee includes HEAT & HOT WATER!

Last Agent to Sell the Property

Justin Carta

Keller Williams Realty License #RES.0755229 Listed on: 02/24/2016

Keller Williams Realty

Last Buyer's Agent

Justin Carta

Keller Williams Realty License #RES.0755229 Listed on: 02/24/2016

Keller Williams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1964

HOA Fees

  • $273 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • 680 Sq Ft Home
  • Masonry Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Accessible Ramps
  • In Ground Pool

Community Details

Overview

  • Association fees include heat, hot water
  • 50 Units
  • Farmington Arms Community
  • Property managed by Northeast Property

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1964

Lot Details

0

HOA Fees

$273 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 680
  • Year Built: 1964
  • Nearby Amenities: Pool
  • Association Amenities: Pool
  • Property Sub Type: Condominium
  • Handicap Features: Ramps
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Unit On Floor Number: 3
  • Directions: Farmington Arms - Ocean Ave to Farmington Ave, subject building located at end of street. Secured building.
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Cable - Available, Elevator
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 70

Exterior Features

  • Exterior Siding: Brick
  • Swimming Pool: Yes
  • Pool: In Ground Pool

Garage/Parking

  • Garage Parking Info: Open
  • Total Parking Spaces: 1

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

  • Association Fee Includes: Heat, Hot Water
  • Complex Name: Farmington Arms
  • Levels In Unit: 1
  • HOA Fees: 273
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property
  • Property Mgt Phone: 860-437-7005

Schools

  • Elementary School: PBOE
  • High School: PBOE

Rental Info

  • Pets Allowed Info: Unknown
  • Lease Purchase: No
  • Pets Allowed: No

Tax Info

  • Property Tax: 1164
  • Total Assessed Value: 29470
  • Mil Rate Total: 39.490
  • Assessor Parcel Number: 1997178

Multi Family

  • Total Num Of Units: 50

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Reid Paul
Bought by
Serendipity Yatloml Llc
Total Days on Market
35
Current Estimated Value
$81,300

Purchase Details

Closed on
Jul 10, 2019
Sold by
Britvic Enterprises Llc
Bought by
Reid Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2018
Sold by
Reid Paul L
Bought by
Greco Julie M

Purchase Details

Listed on
Feb 24, 2016
Closed on
Apr 28, 2016
Sold by
Wilmington Svgs Fund S
Bought by
Reid Paul L
Seller's Agent
Justin Carta
Keller Williams Realty
Buyer's Agent
Justin Carta
Keller Williams Realty
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.02%

Purchase Details

Closed on
Feb 3, 2016
Sold by
Young Jason A
Bought by
Wilmington Svgs Fund S

Purchase Details

Closed on
Apr 28, 2008
Sold by
Farmington Arms Assoc
Bought by
Young Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,765
Interest Rate
6.22%

Purchase Details

Closed on
Sep 12, 2005
Sold by
Garcia Roberto
Bought by
Guzman Isaura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
5.79%

Purchase Details

Closed on
Dec 1, 2003
Sold by
Banner Dorothy
Bought by
Garcia Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,910
Interest Rate
6.09%
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 Buyer Sale Price Title Company
Serendipity Yatloml Llc -- None Available
Reid Paul $38,000 --
Greco Julie M $40,000 --
Reid Paul L $20,000 --
Wilmington Svgs Fund S $51,000 --
Young Jason A $56,000 --
Guzman Isaura $84,000 --
Garcia Roberto $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Paul $38,000
Previous Owner Garcia Roberto $2,866
Previous Owner Garcia Roberto $51,765
Previous Owner Garcia Roberto $75,600
Previous Owner Garcia Roberto $53,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $20,000 -19.7% $29 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $24,900 -- $37 / 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
2024 $1,194 $43,400 $0 $43,400
2023 $996 $26,740 $0 $26,740
2022 $998 $26,740 $0 $26,740
2021 $1,015 $26,740 $0 $26,740
2020 $1,021 $26,740 $0 $26,740
2019 $1,067 $26,740 $0 $26,740
2018 $1,289 $29,470 $0 $29,470
2017 $1,304 $29,470 $0 $29,470
2016 $1,192 $29,470 $0 $29,470
2015 $1,164 $29,470 $0 $29,470
2014 $1,010 $29,470 $0 $29,470
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Justin Carta

    Keller Williams Realty

    (860) 227-6111

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About Farmington Arms

Map

Source: SmartMLS

MLS Number: G10111593

SmartMLS

APN: NLON-000012-000050-000015-000004

Connecticut New London County New London 06320 South New London

70 Farmington Ave Unit 3T, New London, CT

This home is located at 70 Farmington Ave Unit 3T, New London, CT 06320 since 24 February 2016 and is currently estimated at $81,300, approximately $119 per square foot. This property was built in 1964. 70 Farmington Ave Unit 3T 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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