Farmington Arms 70 Farmington Ave Unit 4B New London, CT 06320
South New London Neighborhood
2
Beds
1.5
Baths
960
Sq Ft
$514/mo
HOA Fee
Highlights
- Open Floorplan
- Hot Water Circulator
- Coin Laundry
- Ranch Style House
- Baseboard Heating
- Level Lot
About This Home
As of June 2024Welcome 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
William Pitt Sotheby's Int'l License #RES.0786851 Listed on: 04/18/2024
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
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
Similar Home in New London, CT
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
Seller's Agent in 2024
Antonella Vertucci
William Pitt
(203) 318-3570
2 in this area
74 Total Sales
-
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: 24011419
APN: NLON-000012-000050-000015-000008
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