NOT LISTED FOR SALE

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

South New London Neighborhood

Estimated Value: $94,000 - $113,000

1 Bed
1 Bath
680 Sq Ft
$335/mo HOA Fee

Last Sold June 29, 2023

Last sale price $70,000 $103 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $993/month

6 Days on Market

Highlights

  • Baseboard Heating
  • Coin Laundry
  • High-Rise Condominium

About This Home

As of June 2023

Spacious 1 bedroom, 1 bath apartment with hardwood floors throughout in a quiet building. Unit comes with heat and hot water. Tenant pays for electricity. Unit includes a dishwasher, a pantry closet, and a large bedroom closet. Available for rent immediately. 1st month rent and security deposit required to move in. Proof of income and employment is required. Credit check to be performed as well. Conveniently located close to ocean beach, L&M hospital and just two miles to downtown. No pets, no smoking, very good credit required.
Coin operated washer and dryer located on site.

Last Agent to Sell the Property

Jennifer Jones

Coldwell Banker Realty License #RES.0814430 Listed on: 05/30/2023

Coldwell Banker Realty

Last Buyer's Agent

Jennifer Jones

Coldwell Banker Realty License #RES.0814430 Listed on: 05/30/2023

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $996

Year Built

  • Built in 1964

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • 680 Sq Ft Home
  • Frame Construction
  • Masonry Siding

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include grounds maintenance, heat, hot water, water, sewer
  • 60 Units
  • High-Rise Condominium
  • Farmington Arms Community
  • Property managed by Northeast Property Group

Amenities

  • Coin Laundry

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$996

Year Built

Built in 1964

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: High Rise
  • Sq Ft Est Heated Above Grade: 680
  • Public Record Living Room Sq Ft: 680
  • Total Sq Ft: 680
  • Year Built: 1964
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 680
  • Tax Year Updated Dt: 06/12/2023
  • Directions: Take a right off of Ocean Ave. Condo complex on the left.Condo is on the 4th floor.
  • Special Features: None

Interior Features

  • Room Count: 1
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: First floor
  • Laundry Room Info: Coin Op Laundry
  • Attic: No

Exterior Features

  • Exterior Siding: Brick
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Parking Lot

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Heat, Hot Water, Water, Sewer
  • Complex Name: Farmington Arms
  • HOA Fees: 335
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 860-437-7005

Lot Info

  • Lot Description: Not Applicable
  • Zoning: R

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 996
  • Mil Rate Base: 37.240
  • Assessor Parcel Number: 1997197

Multi Family

  • Total Num Of Units: 60

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
May 30, 2023
Closed on
Jun 28, 2023
Sold by
Summer Breeze Realty Llc
Bought by
Bunkley Kevin
Seller's Agent
Jennifer Jones
Coldwell Banker Realty
Buyer's Agent
Jennifer Jones
Coldwell Banker Realty
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%
Views
118
Current Estimated Value
$104,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,719
Avg. Annual Appreciation
17.87%

Purchase Details

Listed on
Jan 22, 2020
Closed on
May 13, 2020
Sold by
Anisimov Danil and Shaulsky Peter
Bought by
Perrone Nancy D
Seller's Agent
Saundra Dubose
Coldwell Banker Realty
Buyer's Agent
Jennifer Jones
Coldwell Banker Realty
List Price
$46,000
Sold Price
$42,000
Premium/Discount to List
-$4,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.61%
Original Mortgage
$31,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2020
Closed on
May 7, 2020
Sold by
Perrone Nancy D
Bought by
Summer Breeze Realty Llc
Seller's Agent
Saundra Dubose
Coldwell Banker Realty
Buyer's Agent
Jennifer Jones
Coldwell Banker Realty
List Price
$46,000
Sold Price
$42,000
Premium/Discount to List
-$4,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2012
Closed on
Feb 15, 2013
Sold by
Ryder 3Rd James F
Bought by
Shaulsky Peter and Anisimov Danil
Seller's Agent
John Huhn
Coldwell Banker Realty
Buyer's Agent
Todd Crawford
Berkshire Hathaway NE Prop.
List Price
$44,900
Sold Price
$42,800
Premium/Discount to List
-$2,100
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.26%

Purchase Details

Closed on
Sep 28, 2005
Sold by
Ryder James and Ryder Theresa
Bought by
Ryder 3Rd James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bunkley Kevin $70,000 None Available
Perrone Nancy D $42,000 None Available
Summer Breeze Realty Llc -- None Available
Shaulsky Peter $42,800 --
Ryder 3Rd James $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perrone Nancy D $31,500
Previous Owner Ryder 3Rd James $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 Off Market $1,350 -- --
08/09/2025 08/09/25 Price Changed $1,350 -1.8% $2 / Sq Ft
08/09/2025 08/09/25 For Rent $1,375 0.0% --
07/14/2025 07/14/25 Off Market $1,375 -- --
06/12/2025 06/12/25 For Rent $1,375 0.0% --
06/07/2025 06/07/25 Off Market $1,375 -- --
05/05/2025 05/05/25 For Rent $1,375 0.0% --
06/29/2023 06/29/23 Sold $70,000 +0.1% $103 / Sq Ft
05/30/2023 05/30/23 For Sale $69,900 0.0% $103 / Sq Ft
11/02/2022 11/02/22 Rented $1,225 -2.0% --
10/31/2022 10/31/22 Under Contract -- -- --
10/31/2022 10/31/22 For Rent $1,250 0.0% --
10/15/2022 10/15/22 Off Market $1,250 -- --
09/23/2022 09/23/22 For Rent $1,250 0.0% --
05/07/2020 05/07/20 Sold $42,000 -8.7% $62 / Sq Ft View Prior Sale
01/22/2020 01/22/20 For Sale $46,000 +7.5% $68 / Sq Ft
02/15/2013 02/15/13 Sold $42,800 -4.7% $63 / Sq Ft View Prior Sale
01/01/2013 01/01/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $44,900 -- $66 / 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

  • Jennifer Jones

    Seller's Agent in 2023

    Jennifer Jones

    Coldwell Banker Realty

    (860) 434-8600

    2 in this area

    70 Total Sales

    Jennifer Jones
    Section Image

  • A

    Seller's Agent in 2022

    Amanda Rhodes

    Coldwell Banker Realty

    Section Image

  • S

    Seller's Agent in 2020

    Saundra Dubose

    Coldwell Banker Realty

    Section Image
  • John Huhn

    Seller's Agent in 2013

    John Huhn

    Coldwell Banker Realty

    (860) 501-1758

    3 in this area

    136 Total Sales

    John Huhn
    Section Image

  • T

    Buyer's Agent in 2013

    Todd Crawford

    Berkshire Hathaway Home Services

    Section Image
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About Farmington Arms

Map

Source: SmartMLS

MLS Number: 170573795

SmartMLS

APN: NLON-000012-000050-000017-000003

Connecticut New London County New London 06320 South New London

70 Farmington Ave Unit 4U, New London, CT

Not Listed for Sale

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