NOT LISTED FOR SALE

Farmington Arms 70 Farmington Ave Unit 4B New London, CT 06320

South New London Neighborhood

Estimated Value: $118,427 - $137,000

2 Beds
1.5 Baths
960 Sq Ft
$514/mo HOA Fee

Last Sold June 25, 2024

Last sale price $120,000 $125 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,357/month

54 Days on Market

Highlights

  • Open Floorplan
  • Hot Water Circulator
  • Coin Laundry
  • Ranch Style House
  • Baseboard Heating
  • Level Lot

About This Home

As of June 2024

Welcome to this spacious 2 bedroom, 1 1/2 bath ranch-style condominium located in the south end of New London. The bathrooms are newly remodeled. The unit has hardwood floors in the living room and bedrooms and vinyl in the baths and kitchen. The main living area is open with a galley kitchen overlooking the combined living/dining room. The monthly HOA includes heat, hot water, sewer, water and trash. There is a coin-operated laundry area in the basement common area in the same building. The building is equipped with an elevator and stairs. A large, permit-only, resident parking lot is located at the rear of the building. The complex is conveniently located close to Ocean Beach, Lawrence & Memorial Hospital, and downtown. The Northeast Rail System, I-95, and Long Island Ferry all service New London. New London features many nearby attractions including the Thames River, Coast Guard Academy, Connecticut College, Mitchell College, and two large casinos. Why rent when you can own!

Last Agent to Sell the Property

Antonella Vertucci

William Pitt Sotheby's Int'l License #RES.0786851 Listed on: 04/18/2024

William Pitt Sotheby's Int'l

Last Buyer's Agent

Melissa DiPiazza

RE/MAX One License #RES.0816056

RE/MAX One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,110

Year Built

  • Built in 1964

HOA Fees

  • $514 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House
  • Concrete Siding
  • Masonry Siding
  • Steel Siding

Interior Spaces

  • 960 Sq Ft Home
  • Open Floorplan
  • Laundry on lower level

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • New London High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1997182

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, heat, hot water, water, sewer, property management, insurance
  • 74 Units
  • Mid-Rise Condominium
  • Property managed by Northeast Properties

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,110

Year Built

Built in 1964

Lot Details

0

HOA Fees

$514 per month

Listing Details

  • Neighborhood: Glenwood Park
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch, Mid Rise
  • Sq Ft Est Heated Above Grade: 960
  • Total Sq Ft: 960
  • Year Built: 1964
  • New Construction: No/Resale
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 4
  • Directions: Ocean Ave to Farmington Ave
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 960
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: None
  • Interior Amenities: Cable - Available, Elevator, Open Floor Plan
  • Appliances: Gas Range, Refrigerator, Dishwasher
  • Laundry Room Location: Basement level
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area, Lower Level
  • Attic: No
  • Street Number Modifier: 70

Exterior Features

  • Exterior Siding: Brick
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Concrete, Steel

Garage/Parking

  • Total Parking Spaces: 2
  • Garage And Parking: None, Paved, Unassigned Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Other, Domestic
  • 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, Sewer, Property Management, Insurance
  • Levels In Unit: 1
  • HOA Fees: 514
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: donaldr@neproperty.com
  • Property Manager Name: Donald Ringuette
  • Property Manager Phone: (205) 736-8672
  • Property Mgt Company Name: Northeast Properties
  • Property Mgt Phone: (205) 736-8672
  • Total Number of Units In Complex: Farmington Arms

Schools

  • Elementary School: Per Board of Ed
  • High School: New London

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R-4
  • Parcel #: 1997182

Rental Info

  • Pets Allowed: No

Multi Family

  • Total Number Of Units: 74

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 1110
  • Total Assessed Value: 29820
  • Mil Rate Total: 37.24

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 20, 2024
Sold by
Conway Deborah A and Conway Timothy P
Bought by
Hill Timothy
Seller's Agent
Antonella Vertucci
William Pitt Sotheby's Int'l
Buyer's Agent
Melissa DiPiazza
RE/MAX One
List Price
$119,500
Sold Price
$120,000
Premium/Discount to List
$500
0.42%
Views
167
Current Estimated Value
$125,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,357
Avg. Annual Appreciation
4.37%

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 9, 2024
Sold by
Diaz Angel
Bought by
Conway Deborah A and Conway Timothy P
Seller's Agent
David Patton
William Raveis Real Estate
Buyer's Agent
Antonella Vertucci
William Pitt Sotheby's Int'l
List Price
$98,000
Sold Price
$98,000
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.87%

Purchase Details

Closed on
Dec 3, 2020
Sold by
Stewart Daniel and Stewart David
Bought by
Diaz Angel

Purchase Details

Listed on
May 13, 2020
Closed on
Jun 10, 2020
Sold by
Maguire Timothy R
Bought by
Stewart Daniel and Stewart David
Seller's Agent
Aimee Dean
Spaulding Realty Group, LLC
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$52,000
Sold Price
$44,000
Premium/Discount to List
-$8,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.99%

Purchase Details

Closed on
Jan 23, 2004
Sold by
Goldblatt Shirley
Bought by
Maguire Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hill Timothy $120,000 None Available
Hill Timothy $120,000 None Available
Hill Timothy $120,000 None Available
Hill Timothy $120,000 None Available
Conway Deborah A $98,000 None Available
Conway Deborah A $98,000 None Available
Diaz Angel $57,000 None Available
Diaz Angel $57,000 None Available
Stewart Daniel $44,000 None Available
Stewart Daniel $44,000 None Available
Maguire Timothy $69,900 --
Maguire Timothy $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maguire Timothy $55,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $120,000 +0.4% $125 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $119,500 0.0% $124 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $119,500 +21.9% $124 / Sq Ft
02/12/2024 02/12/24 Sold $98,000 0.0% $102 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $98,000 0.0% $102 / Sq Ft
09/05/2022 09/05/22 Rented $1,300 0.0% --
08/19/2022 08/19/22 Under Contract -- -- --
07/02/2022 07/02/22 For Rent $1,300 -7.1% --
06/01/2022 06/01/22 Rented $1,400 +12.0% --
05/24/2022 05/24/22 Under Contract -- -- --
05/06/2022 05/06/22 Price Changed $1,250 -2.0% $1 / Sq Ft
04/19/2022 04/19/22 For Rent $1,275 0.0% --
06/12/2020 06/12/20 Sold $44,000 -12.0% $46 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/27/2020 05/27/20 Price Changed $50,000 -3.8% $52 / Sq Ft
05/13/2020 05/13/20 For Sale $52,000 -- $54 / 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 $1,788 $65,000 $0 $65,000
2023 $1,110 $29,820 $0 $29,820
2022 $1,113 $29,820 $0 $29,820
2021 $1,132 $29,820 $0 $29,820
2020 $1,139 $29,820 $0 $29,820
2019 $1,190 $29,820 $0 $29,820
2018 $1,304 $29,820 $0 $29,820
2017 $1,320 $29,820 $0 $29,820
2016 $1,207 $29,820 $0 $29,820
2015 $1,178 $29,820 $0 $29,820
2014 $1,022 $29,820 $0 $29,820
Source: Public Records

Agents Affiliated with this Home

  • Antonella Vertucci

    Seller's Agent in 2024

    Antonella Vertucci

    William Pitt

    (203) 318-3570

    2 in this area

    74 Total Sales

    Antonella Vertucci
    Section Image

  • D

    Seller's Agent in 2024

    David Patton

    William Raveis Real Estate

    Section Image

  • L

    Seller Co-Listing Agent in 2024

    Linda Black

    William Raveis Real Estate

    (860) 306-3900

    1 in this area

    8 Total Sales

    Linda Black
    Section Image
  • Melissa DiPiazza

    Buyer's Agent in 2024

    Melissa DiPiazza

    RE/MAX

    (914) 610-6465

    6 in this area

    160 Total Sales

    Melissa DiPiazza
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Adrian Matos

    William Raveis Real Estate

    Section Image

  • J

    Buyer's Agent in 2022

    Joseph Rodriguez

    William Raveis Real Estate

    Section Image
See All Agents

About Farmington Arms

Map

Source: SmartMLS

MLS Number: 24011419

SmartMLS

APN: NLON-000012-000050-000015-000008

Connecticut New London County New London 06320 South New London

70 Farmington Ave Unit 4B, New London, CT

This home is located at 70 Farmington Ave Unit 4B, New London, CT 06320 since 18 April 2024 and is currently estimated at $125,357, approximately $130 per square foot. This property was built in 1964. 70 Farmington Ave Unit 4B 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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