NOT LISTED FOR SALE

70 Tower Ave Groton, CT 06340

Estimated Value: $308,000 - $330,000

3 Beds
1 Bath
1,232 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $174,900 $142 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,975/month

4 Days on Market

Highlights

  • Property is near golf course, public transit, and shops
  • Wetlands on Lot
  • No HOA
  • Secluded Lot
  • Attic
  • Walking Distance to Water

About This Home

As of March 2021

Great investment opportunity with this home. Close to amenities, yet offers private location. Waiting for your personal touch. Offering 3 Bedroom 1 full bath, sits on .38 acres. Lots of natural sunlight, slider off dining room leads to sun room. Fenced backyard.

Last Agent to Sell the Property

Amanda Greene

RE/MAX One License #RES.0808014 Listed on: 01/06/2021

RE/MAX One

Last Buyer's Agent

Laurie Johnstone

Berkshire Hathaway NE Prop. License #RES.0815260

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,001

Year Built

  • Built in 1940

Lot Details

  • 0.38 Acre Lot
  • Secluded Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned IG

Home Design

  • Bungalow
  • Gable Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Ceiling Fan
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Walking Distance to Water
  • Wetlands on Lot
  • Patio
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near golf course, public transit, and shops

Schools

  • Fitch Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Public Transportation

Listing and Financial Details

  • Exclusions: outside shed doesn't covey

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,001

Year Built

Built in 1940

Lot Details

0.38 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 1232
  • Public Record Living Room Sq Ft: 1232
  • Total Sq Ft: 1232
  • Year Built: 1940
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Exclusions: outside shed doesn't covey
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1232
  • Directions: 95 N, exit 88 for CT-117 Noank/Groton Long Point, R onto 117 S, R onto US-1 S/ Right onto Fort Hill Rd, L onto State Hwy 649/South Rd, house on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Crawl Space
  • Basement Description: Full, Full With Hatchway, Concrete Floor
  • Interior Amenities: Cable - Available, Cable - Pre-wired
  • Appliances: Electric Range, Oven/Range, Refrigerator
  • Laundry Room Location: basement
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Patio, Sidewalk
  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Gable
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.3800
  • Lot Description: Open Lot, In Flood Zone, Some Wetlands, Cleared, Secluded, Fence - Full
  • Flood Zone: Yes
  • Zoning: IG

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3001
  • Mil Rate Base: 25.110
  • Mil Rate Tax District: 6.510
  • Assessor Parcel Number: 1953966

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Mar 12, 2021
Sold by
Caron Richard
Bought by
Mcgarry Leny and Courtney Jeff
Seller's Agent
Amanda Greene
RE/MAX One
Buyer's Agent
Laurie Johnstone
Berkshire Hathaway NE Prop.
List Price
$274,900
Sold Price
$174,900
Premium/Discount to List
-$100,000
-36.38%
Current Estimated Value
$315,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,982
Avg. Annual Appreciation
12.55%
Original Mortgage
$139,920
Outstanding Balance
$125,428
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$190,454

Purchase Details

Closed on
Oct 17, 2005
Sold by
Mclaughlin Christopher
Bought by
Caron Richard and York Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,432
Interest Rate
5.78%

Purchase Details

Closed on
Jan 13, 1995
Sold by
Soneco Northeastern In
Bought by
Mclaughlin Christopher
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
Mcgarry Leny $174,900 None Available
Caron Richard $200,000 --
Mclaughlin Christopher $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgarry Leny $139,920
Previous Owner Mclaughlin Christopher $198,432
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $174,900 0.0% $142 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
01/06/2021 01/06/21 Price Changed $174,900 -36.4% $142 / Sq Ft
01/06/2021 01/06/21 For Sale $274,900 -- $223 / 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
2025 $4,187 $141,890 $60,501 $81,389
2024 $3,942 $141,890 $60,501 $81,389
2023 $3,864 $141,890 $25,620 $116,270
2022 $3,774 $141,890 $25,620 $116,270
2021 $3,082 $94,920 $23,520 $71,400
2020 $3,001 $94,920 $23,520 $71,400
2019 $2,890 $94,920 $23,520 $71,400
2018 $2,861 $94,920 $23,520 $71,400
2017 $2,787 $94,920 $23,520 $71,400
2016 $2,980 $106,120 $36,750 $69,370
2015 $2,865 $106,120 $36,750 $69,370
2014 $2,789 $106,120 $36,750 $69,370
Source: Public Records

Agents Affiliated with this Home

  • Amanda Greene

    Seller's Agent in 2021

    Amanda Greene

    RE/MAX

    (860) 910-7842

    4 in this area

    49 Total Sales

    Amanda Greene
    Section Image
  • Laurie Johnstone

    Buyer's Agent in 2021

    Laurie Johnstone

    Berkshire Hathaway Home Services

    (860) 287-4047

    1 in this area

    22 Total Sales

    Laurie Johnstone
    Section Image
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Map

Source: SmartMLS

MLS Number: 170348034

SmartMLS

APN: GROT-001698-001423-005948

Connecticut New London County Groton 06340

70 Tower Ave, Groton, CT

Not Listed for Sale

Detached

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