$94,000 - $122,000
RENTED JUL 31, 2025

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

South New London Neighborhood
1 Bed
1 Bath
680 Sq Ft
$162 Price per Sq Ft

Last Sold June 05, 2025

Last sale price $122,000 $179 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $695/month

Highlights

  • Property is near public transit
  • Hot Water Circulator
  • Smart Thermostat
  • Public Transportation
  • Hot Water Heating System
  • Smart Lights or Controls

About This Home

As of July 2025

Completely remodeled one bedroom condo in a secure building near Ocean Beach, Harkness Park and Toby May Park & Playground. FREE HEAT, HOT WATER AND COOKING GAS! Gleaming hardwood floors, newer kitchen and bathroom. Updated electrical (panel, breakers, plugs and switches). New baseboard heaters, recessed lighting with dimmers, ceiling fans and A/C. Newer windows! Convenient to highways & public transportation, and major employers such as Electric Boat, Pfizer, Naval Submarine base, L&M/Yale New Haven hospital and casinos. Coin operated laundry on site. Move right in!

Last Agent to Rent the Property

Rebecca Brody

CENTURY 21 Shutters & Sails License #RES.0828738 Listed on: 06/24/2025

CENTURY 21 Shutters & Sails

Last Renter's Agent

Rebecca Brody

CENTURY 21 Shutters & Sails License #RES.0828738 Listed on: 06/24/2025

CENTURY 21 Shutters & Sails

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,297

Year Built

  • Built in 1964

Parking

  • 1 Parking Space

Interior Spaces

  • 680 Sq Ft Home
  • Elevator

Kitchen

  • Oven or Range
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Shared Basement
  • Laundry in Basement

Home Security

  • Smart Lights or Controls
  • Smart Thermostat

Eco-Friendly Details

  • Energy-Efficient Lighting

Location

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Listing and Financial Details

  • Assessor Parcel Number 1997196

Community Details

Overview

  • 74 Units
  • Mid-Rise Condominium

Amenities

  • Public Transportation
  • Coin Laundry

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,297

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Lease Price Description: Per Month
  • Pets Allowed: No
  • Rental Duration: Yearly Unfurnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: N/A
  • Property Type: Residential Rental
  • Style: Apartment, Mid Rise
  • Sq Ft Est Heated Above Grade: 680
  • Total Sq Ft: 680
  • Year Built: 1964
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Commuter Bus, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Tennis Courts, Walk to Bus Lines
  • Property Sub Type: Condominium Rental
  • Direct Waterfront: No
  • Unit On Floor Number: 4
  • Directions: GPS friendly, Property located off of Ocean Ave, New London
  • Living Area Sq Ft Per Public Record: 680
  • Street Type: Avenue
  • Tenant Responsibility: Cable TV Credit Check Electricity Insurance Internet
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Partial, Shared Basement
  • Interior Amenities: Elevator
  • Appliances: Gas Range, Oven/Range, Microwave, Refrigerator, Freezer, Dishwasher
  • Laundry Room Location: Basement
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area, Lower Level
  • Attic: No
  • Home Automation: Lighting, Thermostat(s)
  • Street Number Modifier: 70

Exterior Features

  • Exterior Features: Sidewalk
  • Waterfront Description: Not Applicable
  • Swimming Pool: No

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: None, Paved, Parking Lot, Off Street Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Levels In Unit: 1
  • Total Number of Units In Complex: Farmington Arms

Schools

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

Lot Info

  • Lot Description: City Views On Cul-De-Sac
  • Zoning: Residential
  • Parcel #: 1997196

Multi Family

  • Total Number Of Units: 74

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
May 23, 2025
Sold by
Delrusso Richard
Bought by
Yee Sheila
Seller's Agent
Justin Stebbins
Assist 2 Sell/Stebbins Buyer & Sellers Realty
Buyer's Agent
Rebecca Brody
CENTURY 21 Shutters & Sails
List Price
$139,000
Sold Price
$122,000
Premium/Discount to List
-$17,000
-12.23%
Views
64
Current Estimated Value
$110,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,829
Avg. Annual Appreciation
-25.92%
Original Mortgage
$91,500
Outstanding Balance
$91,186
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$18,985

Purchase Details

Listed on
Jan 31, 2025
Closed on
Feb 11, 2025
Sold by
Montrose Perry R
Bought by
Delrusso Richard
Seller's Agent
Erin McNamara
RE/MAX on the Bay
Buyer's Agent
Justin Stebbins
Assist 2 Sell/Stebbins Buyer & Sellers Realty
List Price
$89,900
Sold Price
$89,900
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
197.56%

Purchase Details

Closed on
Oct 8, 2003
Sold by
Raines Company Llc
Bought by
Montrose Perry

Purchase Details

Closed on
Dec 14, 2000
Sold by
Rolla Adrienne
Bought by
Raines Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,600
Interest Rate
7.7%
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
Yee Sheila -- None Available
Yee Sheila -- None Available
Delrusso Richard $89,900 None Available
Delrusso Richard $89,900 None Available
Montrose Perry $49,000 --
Montrose Perry $49,000 --
Raines Co Llc $17,000 --
Raines Co Llc $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yee Sheila $91,500
Previous Owner Raines Co Llc $57,115
Previous Owner Raines Co Llc $60,000
Previous Owner Raines Co Llc $13,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2025 07/31/25 Rented $1,400 0.0% --
07/31/2025 07/31/25 Under Contract -- -- --
06/29/2025 06/29/25 Price Changed $1,400 -6.7% $2 / Sq Ft
06/24/2025 06/24/25 For Rent $1,500 0.0% --
06/05/2025 06/05/25 Sold $122,000 0.0% $179 / Sq Ft View Prior Sale
04/23/2025 04/23/25 Pending -- -- --
04/14/2025 04/14/25 Off Market $122,000 -- --
03/18/2025 03/18/25 Price Changed $129,000 -7.2% $190 / Sq Ft
03/07/2025 03/07/25 For Sale $139,000 +54.6% $204 / Sq Ft
02/21/2025 02/21/25 Sold $89,900 0.0% $132 / Sq Ft View Prior Sale
02/03/2025 02/03/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $89,900 -- $132 / 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 $1,297 $47,700 $0 $47,700
2024 $1,312 $47,700 $0 $47,700
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

  • Justin Stebbins

    Seller's Agent in 2025

    Justin Stebbins

    Assist 2 Sell/Stebbins Buyer & Sellers Realty

    (860) 908-9007

    6 in this area

    64 Total Sales

    Justin Stebbins
    Section Image
  • Erin McNamara

    Seller's Agent in 2025

    Erin McNamara

    RE/MAX

    (860) 912-3820

    3 in this area

    79 Total Sales

    Erin McNamara
    Section Image

  • R

    Landlord's Agent in 2025

    Rebecca Brody

    CENTURY 21 Shutters & Sails

    4 in this area

    8 Total Sales

    Rebecca Brody
    Section Image
See All Agents

About Farmington Arms

Map

Source: SmartMLS

MLS Number: 24106708

SmartMLS

APN: NLON-000012-000050-000017-000002

Connecticut New London County New London 06320 South New London

70 Farmington Ave Unit 4T, New London, CT

This home is located at 70 Farmington Ave Unit 4T, New London, CT 06320 since 24 June 2025 and is currently priced at $110,171. This property was built in 1964. 70 Farmington Ave Unit 4T 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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