NOT LISTED FOR SALE

Estimated Value: $303,000 - $478,000

4 Beds
2.5 Baths
1,872 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $165,000 $88 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,640/month

52 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Attic
  • Walking Distance to Water
  • 4-minute walk to Ocean Beach Park

About This Home

As of July 2020

Walk to the beach in two minutes! Great house in quiet neighborhood with lots of room for everyone. Hardwood floors, fresh interior paint, open floor plan and natural light throughout. Investor alert! Could provide great year round or seasonal/weekly rental income. Recent capital improvements. Possible in-law apartment with separate entrance on lower level. Minutes to I95, EB, Sub Base, Pfizer and Mohegan Sun and Foxwood casinos.

Last Agent to Sell the Property

Pamela Strunk

Berkshire Hathaway NE Prop. License #RES.0805622 Listed on: 04/06/2020

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Pamela Strunk

Berkshire Hathaway NE Prop. License #RES.0805622 Listed on: 04/06/2020

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,039

Year Built

  • Built in 1923

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Property is zoned R-1A

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1,872 Sq Ft Home
  • Ceiling Fan
  • Attic or Crawl Hatchway Insulated
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water

Location

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

Schools

  • New London High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,039

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Neighborhood: Ocean Beach
  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 1872
  • Public Record Living Room Sq Ft: 1872
  • Total Sq Ft: 1872
  • Year Built: 1923
  • Nearby Amenities: Medical Facilities, Park, Playground/Tot Lot, Public Pool, Public Transportation, Putting Green, Walk to Bus Lines
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3120
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Ocean Avenue . Right onto Highland. Left onto Park. House is on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Partially Finished
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 70

Exterior Features

  • Exterior Siding: Wood, Stucco
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Zoning: R-1A

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5039
  • Total Assessed Value: 131950
  • Mil Rate Base: 38.190
  • Mil Rate Total: 38.190
  • Assessor Parcel Number: 1995637

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jul 16, 2020
Sold by
Silva Sean
Bought by
Silva Katherine D and Silva Sean
Seller's Agent
Pamela Strunk
Berkshire Hathaway NE Prop.
Buyer's Agent
Pamela Strunk
Berkshire Hathaway NE Prop.
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$396,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,730
Avg. Annual Appreciation
18.64%

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jul 8, 2020
Sold by
Dowsett Kern S
Bought by
Silva Sean
Seller's Agent
Pamela Strunk
Berkshire Hathaway NE Prop.
Buyer's Agent
Pamela Strunk
Berkshire Hathaway NE Prop.
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Purchase Details

Closed on
Nov 17, 2004
Sold by
Kreckovic Peter
Bought by
Dowsett Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.8%

Purchase Details

Closed on
Jul 2, 1992
Sold by
Edgecomb David W and Edgecomb Kathleen
Bought by
Correll Hershel G and Correll Frances J
Source: Public Records

Range of Values:

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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
Silva Katherine D -- None Available
Silva Katherine D -- None Available
Silva Sean $165,000 None Available
Silva Sean $165,000 None Available
Dowsett Ken $290,000 --
Dowsett Ken $290,000 --
Correll Hershel G $94,280 --
Correll Hershel G $94,280 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Sean $330,687
Closed Silva Katherine D $250,305
Closed Silva Katherine D $188,000
Previous Owner Edgecomb David W $246,500
Previous Owner Edgecomb David W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $165,000 -5.7% $88 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $175,000 -- $93 / 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 $5,734 $210,800 $83,600 $127,200
2024 $5,797 $210,800 $83,600 $127,200
2023 $4,914 $131,950 $61,950 $70,000
2022 $4,923 $131,950 $61,950 $70,000
2021 $5,008 $131,950 $61,950 $70,000
2020 $5,039 $131,950 $61,950 $70,000
2019 $5,265 $131,950 $61,950 $70,000
2018 $5,453 $124,670 $54,670 $70,000
2017 $5,518 $124,670 $54,670 $70,000
2016 $5,044 $124,670 $54,670 $70,000
2015 $4,923 $124,670 $54,670 $70,000
2014 $4,272 $124,670 $54,670 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170284271

SmartMLS

APN: NLON-000002-000007-000004