SOLD FEB 21, 2025
1 Bed
1 Bath
680 Sq Ft
$360/mo HOA Fee

Recently Sold

$132 Per Sq Ft

3 Days on Market

Highlights

  • City View
  • Hot Water Circulator
  • Coin Laundry
  • End Unit
  • Hot Water Heating System

About This Home

As of February 2025

Welcome to this beautifully updated 1-bedroom, 1-bath condo in the heart of New London, CT! Conveniently located near Lawrence + Memorial Hospital, Electric Boat, and the stunning Connecticut shoreline, this move-in-ready unit is perfect for professionals, first-time buyers, or those looking to downsize. Step inside to brand-new flooring and a thoughtfully updated interior that blends modern style with cozy comfort. The open-concept living area provides a bright and inviting space. Enjoy easy access to local restaurants, shopping, and the beaches-ideal for relaxation and leisure. Don't miss this opportunity to own a turnkey condo in a highly desirable location. Schedule your private tour today!

Last Agent to Sell the Property

Erin McNamara

RE/MAX on the Bay License #RES.0800345

RE/MAX on the Bay

Last Buyer's Agent

Justin Stebbins

Assist 2 Sell/Stebbins Buyer & Sellers Realty License #RES.0767010

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 1964

Lot Details

  • End Unit

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Masonry Siding

Interior Spaces

  • 680 Sq Ft Home
  • City Views
  • Laundry on lower level

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • New London High School

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

  • Association fees include grounds maintenance, trash pickup, snow removal, heat, hot water, water
  • 75 Units
  • Property managed by Northeast Properties

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,312

Year Built

Built in 1964

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 680
  • Total Sq Ft: 680
  • Year Built: 1964
  • New Construction: No/Resale
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 4
  • Directions: Ocean Ave to Farmington Ave
  • Financing Used: Cash
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 680
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: None
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • 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: Brick

Garage/Parking

  • Garage And Parking: None

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

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Hot Water, Water
  • Levels In Unit: 1
  • HOA Fees: 360
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Properties
  • Total Number of Units In Complex: Farmington Arms

Schools

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

Lot Info

  • Lot Description: City Views
  • Flood Zone: No
  • Zoning: R4
  • Parcel #: 1997196

Rental Info

  • Pets Allowed: No

Multi Family

  • Total Number Of Units: 75

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 1312
  • Total Assessed Value: 47700
  • Mil Rate Total: 27.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

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
Total Days on Market
3
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
289.30%

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%

Map

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 Type Sale Price Title Company
Warranty Deed $89,900 None Available
Warranty Deed $89,900 None Available
Deed $49,000 --
Deed $49,000 --
Warranty Deed $17,000 --
Warranty Deed $17,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $57,115 Stand Alone Refi Refinance Of Original Loan
Previous Owner $60,000 No Value Available
Previous Owner $13,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Pending -- -- --
04/14/2025 04/14/25 Off Market $129,000 -- --
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
02/03/2025 02/03/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $89,900 -- $132 / Sq Ft
Source: SmartMLS

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 $1,312 $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

Source: SmartMLS

MLS Number: 24071703

SmartMLS

APN: NLON-000012-000050-000017-000002