Seller's Agent in 2024
Antonella Vertucci
William Pitt
(203) 318-3570
2 in this area
74 Total Sales
Farmington Arms 70 Farmington Ave Unit 4B New London, CT 06320
South New London Neighborhood
2
Beds
1.5
Baths
960
Sq Ft
$477/mo
HOA Fee
Highlights
- Property is near public transit
- Thermal Windows
- Hard or Low Nap Flooring
- Corner Lot
- Public Transportation
- Baseboard Heating
About This Home
As of June 2024Welcome to this condominium located in the south end of New London. It has two bedrooms and 1-1/2 baths with hard surface floors throughout. The large living area is combined with a dining area right outside the fully equipped galley kitchen. The condo complex is conveniently located close to ocean beach, L&M hospital and just two miles to downtown. The monthly association fee covers everything outside your front door and also provides features for your unit such as trash, water, sewer, hot water, heat, and structural insurance; all for $477/month. Commercial grade laundry equipment is conveniently located in the same building. A large parking lot for all owners is at the rear of the building. This could be considered for a weekend/summer getaway place at a very low cost. It can also be considered as a great investment property as there is currently a tenant in place. 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. New London has city features with a small town atmosphere.
Last Agent to Sell the Property
David Patton
William Raveis Real Estate License #RES.0790675 Listed on: 01/16/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,110
Year Built
- Built in 1964
HOA Fees
- $477 Monthly HOA Fees
Home Design
- Concrete Siding
- Masonry Siding
- Steel Siding
Interior Spaces
- 960 Sq Ft Home
- Thermal Windows
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Parking
- 2 Parking Spaces
- Handicap Parking
Schools
- New London High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
- Cable TV Available
Additional Features
- Hard or Low Nap Flooring
- Property is near public transit
Listing and Financial Details
- Exclusions: tenant property
- Assessor Parcel Number 1997182
Community Details
Overview
- Association fees include trash pickup, snow removal, heat, hot water, water, sewer
- 75 Units
- Mid-Rise Condominium
- Property managed by Northeast Properties
Amenities
- Public Transportation
- Coin Laundry
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
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
4.17%
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
22.79%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $120,000 | None Available | |
| Warranty Deed | $120,000 | None Available | |
| Warranty Deed | $120,000 | None Available | |
| Warranty Deed | $120,000 | None Available | |
| Warranty Deed | $98,000 | None Available | |
| Warranty Deed | $98,000 | None Available | |
| Warranty Deed | $57,000 | None Available | |
| Warranty Deed | $57,000 | None Available | |
| Warranty Deed | $44,000 | None Available | |
| Warranty Deed | $44,000 | None Available | |
| Warranty Deed | $69,900 | -- | |
| Warranty Deed | $69,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,920 | Purchase Money Mortgage |
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
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 | $1,768 | $65,000 | $0 | $65,000 |
| 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
-
D
Seller's Agent in 2024
David Patton
William Raveis Real Estate
-
Linda Black
L
Seller Co-Listing Agent in 2024
Linda Black
William Raveis Real Estate
(860) 306-3900
1 in this area
8 Total Sales
-
Melissa DiPiazza
Buyer's Agent in 2024
Melissa DiPiazza
RE/MAX
(914) 610-6465
6 in this area
160 Total Sales
-
A
Seller Co-Listing Agent in 2022
Adrian Matos
William Raveis Real Estate
-
J
Buyer's Agent in 2022
Joseph Rodriguez
William Raveis Real Estate
About Farmington Arms
Map
Source: SmartMLS
MLS Number: 170619097
APN: NLON-000012-000050-000015-000008
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