NOT LISTED FOR SALE

Estimated Value: $591,000 - $630,339

3 Beds
3 Baths
2,167 Sq Ft
$278/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $415,000 $192 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,260/month

1 Day on Market

Highlights

  • Cabana
  • Cape Cod Architecture
  • 1 Fireplace
  • 0.6 Acre Lot
  • Property is near public transit
  • No HOA

About This Home

As of September 2021

Charming Cape in the heart of New London only a mile from Ocean Beach! This house boasts three bedrooms including one on the first floor, three full bathrooms, a garage, and a partially finished basement. It has a beautifully updated kitchen, hardwoods throughout, fireplace, marble and granite countertops and shower, and air conditioning. The sunroom overlooks the private, fenced-in backyard with an in-ground pool, patio, and tiki bar. Enjoy your time at home, but know you are in close proximity to all the amenities New London has to offer- hospitals, shops, restaurants, and schools and a short ride to Waterford and Mystic or RI's beautiful beaches. Come to 778 Ocean Avenue and truly find your happy space. Sellers to find suitable housing.

Last Agent to Sell the Property

Michaela Lamb

Sold by Michaela License #REB.0791897 Listed on: 08/13/2021

Co-Listed By

Jacob Lamb

Sold by Michaela License #RES.0812053

Last Buyer's Agent

Ann Carpenter

RE/MAX on the Bay License #REB.0755917

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,843

Year Built

  • Built in 1926

Lot Details

  • 0.6 Acre Lot
  • Stone Wall
  • Level Lot
  • Cleared Lot

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Slate Roof
  • Masonry Siding

Interior Spaces

  • 2,167 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • Cabana
  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Programmable Thermostat

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,843

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Neighborhood: Ocean Beach
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2167
  • Public Record Living Room Sq Ft: 2167
  • Total Sq Ft: 2167
  • Year Built: 1926
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4753
  • Directions: GPS friendly.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Partially Finished
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Gas Range, Wall Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Mud Room
  • Laundry Room Location: second floor
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 778

Exterior Features

  • Exterior Features: Cabana, Gutters, Lighting, Patio, Sidewalk, Stone Wall
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Slate
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated, Salt Water
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1

Utilities

  • Cooling System: Heat Pump
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas
  • 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: Per Board of Ed

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 0.6000
  • Lot Description: Dry, Cleared, Level Lot, Fence - Partial
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: residential

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 9843
  • Total Assessed Value: 259370
  • Mil Rate Base: 37.950
  • Mil Rate Total: 37.950
  • Assessor Parcel Number: 1996796

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
Aug 13, 2021
Closed on
Sep 30, 2021
Sold by
Iorlano Joseph F and Gondola Doris
Bought by
Sadorra Minerva S and Pappas Cheryl C
Seller's Agent
Michaela Lamb
Sold by Michaela
Buyer's Agent
Ann Carpenter
RE/MAX on the Bay
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$619,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,294
Avg. Annual Appreciation
10.89%
Original Mortgage
$332,000
Outstanding Balance
$304,064
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$314,363

Purchase Details

Listed on
Aug 21, 2020
Closed on
Nov 18, 2020
Sold by
Walton Zachary D
Bought by
Iorland Joseph F and Gondola Robert
Seller's Agent
Jill Nathanson-Zaengel
Press/Cuozzo Realtors
Buyer's Agent
Michaela Lamb
Sold by Michaela
List Price
$374,900
Sold Price
$379,000
Premium/Discount to List
$4,100
1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%

Purchase Details

Listed on
Jul 16, 2019
Closed on
Oct 23, 2019
Sold by
Malerba Jennifer L
Bought by
Walton Zachary D
Seller's Agent
Joseph Malerba
eXp Realty
Buyer's Agent
Jill Nathanson-Zaengel
Press/Cuozzo Realtors
List Price
$400,000
Sold Price
$372,000
Premium/Discount to List
-$28,000
-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
1.76%
Original Mortgage
$353,400
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 31, 2015
Closed on
Dec 18, 2015
Sold by
Fnma
Bought by
Malerba Jennifer L
Seller's Agent
Cheryl Keithan
Coldwell Banker Realty
Buyer's Agent
Joseph Malerba
eXp Realty
List Price
$153,000
Sold Price
$153,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.88%

Purchase Details

Closed on
Feb 24, 2014
Sold by
Phh Mtg Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 9, 2014
Sold by
Hallisey Christopher E
Bought by
Phh Mortgage Corp

Purchase Details

Closed on
May 2, 2012
Sold by
Hallisey Christopher E and Hallisey Agnes
Bought by
Merrill Lynch Creit Co
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
Sadorra Minerva S $415,000 None Available
Sadorra Minerva S $415,000 None Available
Iorland Joseph F $379,000 None Available
Iorland Joseph F $379,000 None Available
Walton Zachary D $372,000 --
Walton Zachary D $372,000 --
Malerba Jennifer L $153,000 --
Malerba Jennifer L $153,000 --
Federal National Mortgage Association -- --
Federal National Mortgage Association -- --
Phh Mortgage Corp -- --
Phh Mortgage Corp -- --
Merrill Lynch Creit Co -- --
Merrill Lynch Creit Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadorra Minerva S $332,000
Closed Sadorra Minerva S $332,000
Previous Owner Walton Zachary D $353,400
Previous Owner Hallisey Edward L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $415,000 0.0% $192 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $415,000 +9.5% $192 / Sq Ft
11/20/2020 11/20/20 Sold $379,000 +1.1% $175 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $374,900 0.0% $173 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $374,900 +0.8% $173 / Sq Ft
10/25/2019 10/25/19 Sold $372,000 -7.0% $172 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $400,000 +161.4% $185 / Sq Ft
12/17/2015 12/17/15 Sold $153,000 0.0% $71 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $153,000 -- $71 / 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 $10,423 $383,200 $114,500 $268,700
2024 $10,538 $383,200 $114,500 $268,700
2023 $9,658 $259,350 $84,910 $174,440
2022 $9,676 $259,350 $84,910 $174,440
2021 $9,843 $259,370 $84,930 $174,440
2020 $9,905 $259,350 $84,910 $174,440
2019 $4,217 $213,920 $84,910 $129,010
2018 $7,780 $177,870 $74,970 $102,900
2017 $7,680 $173,530 $74,970 $98,560
2016 $6,647 $164,290 $74,970 $89,320
2015 $6,488 $164,290 $74,970 $89,320
2014 $5,630 $164,290 $74,970 $89,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170429117

SmartMLS

APN: NLON-000010-000026-000083