Seller's Agent in 2020
CTJPMarie Wiley
William Raveis Real Estate
(860) 941-9519
4 Total Sales
78 Washington St New London, CT 06320
Downtown New London NeighborhoodEstimated Value: $269,000 - $366,420
3
Beds
1.5
Baths
1,800
Sq Ft
$165/Sq Ft
Est. Value
Highlights
- Waterfront
- Deck
- Victorian Architecture
- Open Floorplan
- Property is near public transit
- 4-minute walk to New London Waterfront
About This Home
As of January 2020Special beautiful property that requires a First time home buyer and is HUD Pre-Quailified.
Built in 1870 in the famous, world renowned seaport city of New London, CT., this home boast fantastic views of city living while walking distance to the water. New London a hip little city known best for its historical whaling history has a thriving artist community these days and still enjoys the architecture of it's recent past.
The soon to be buyer must be HUD pre-approved to show the home. The exterior of the home will be getting painted this fall. The insides are completely move in condition.
Designated, one of a kind special landmark, this property is legally deemed 2 independent properties even though it appears as one home. The left side is what is for sale. It is also part of the Enterprise Zone meaning that in the future you would be able to, if you want...open up a home business on the first floor. This beautiful home has 1800 sq ft of beautifully redone living. Recently updated it is literally move in condition. With new copper, electric and hardwood floors you will enjoy it's lovely historic elements. Walk to the pier, coffee shop and many an art gallery and life is good.
The buyer MUST meet HUD guidelines in order to qualify. Please submit pre-Approval paperwork with request to view. At such a great price you get a hole lot of bang for your buck and a piece of history!
Last Agent to Sell the Property
William Raveis Real Estate License #RES.0808571 Listed on: 09/07/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,183
Year Built
- Built in 1870
Lot Details
- 2,178 Sq Ft Lot
- Waterfront
- Level Lot
- Garden
Home Design
- Victorian Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 1,800 Sq Ft Home
- Open Floorplan
- 1 Fireplace
- Thermal Windows
- Water Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven or Range
- Electric Cooktop
- Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Electric Dryer
- Washer
Attic
- Attic Fan
- Attic Floors
- Walkup Attic
- Finished Attic
Parking
- Parking Deck
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Rain Gutters
- Wrap Around Porch
Location
- Property is near public transit
Schools
- New London High School
Utilities
- Floor Furnace
- Baseboard Heating
- Heating System Uses Gas
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2019
Closed on
Jan 24, 2020
Sold by
Bell Andrew
Bought by
Michel Sharon C
Seller's Agent
CTJPMarie Wiley
William Raveis Real Estate
Buyer's Agent
Jeffrey Juneau
Compass Connecticut, LLC
List Price
$121,000
Sold Price
$118,000
Premium/Discount to List
-$3,000
-2.48%
Total Days on Market
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,855
Avg. Annual Appreciation
18.14%
Original Mortgage
$114,460
Outstanding Balance
$101,808
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$198,760
Purchase Details
Closed on
Nov 26, 2002
Sold by
Megrew Stacey A
Bought by
Bell Andrew
Purchase Details
Closed on
Mar 30, 1999
Sold by
Alderhouse Res Comm
Bought by
Megrew Stacey A
Purchase Details
Closed on
Sep 25, 1997
Sold by
Midtown Prop Three
Bought by
Alderhouse Residential
Purchase Details
Closed on
Mar 20, 1995
Sold by
Fox Robert and Angelides Michael
Bought by
Midtown Prop Three Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michel Sharon C | $118,000 | None Available | |
| Michel Sharon C | $118,000 | None Available | |
| Bell Andrew | $129,900 | -- | |
| Bell Andrew | $129,900 | -- | |
| Megrew Stacey A | $120,000 | -- | |
| Megrew Stacey A | $120,000 | -- | |
| Alderhouse Residential | $25,500 | -- | |
| Midtown Prop Three Inc | $80,000 | -- | |
| Midtown Prop Three Inc | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Michel Sharon C | $114,460 | |
| Closed | Michel Sharon C | $114,460 | |
| Previous Owner | Midtown Prop Three Inc | $50,000 | |
| Previous Owner | Midtown Prop Three Inc | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2020 01/24/20 | Sold | $118,000 | -2.5% | $66 / Sq Ft |
| 01/24/2020 01/24/20 | For Sale | $121,000 | +2.5% | $67 / Sq Ft |
| 12/17/2019 12/17/19 | Off Market | $118,000 | -- | -- |
| 09/29/2019 09/29/19 | Price Changed | $121,000 | -4.0% | $67 / Sq Ft |
| 09/07/2019 09/07/19 | For Sale | $126,000 | -- | $70 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $4,434 | $157,300 | $26,200 | $131,100 |
| 2024 | $6,837 | $239,900 | $26,200 | $213,700 |
| 2023 | $3,911 | $101,780 | $25,550 | $76,230 |
| 2022 | $3,914 | $101,780 | $25,550 | $76,230 |
| 2021 | $3,985 | $101,780 | $25,550 | $76,230 |
| 2020 | $4,009 | $101,780 | $25,550 | $76,230 |
| 2019 | $4,183 | $101,780 | $25,550 | $76,230 |
| 2018 | $5,315 | $117,740 | $25,550 | $92,190 |
| 2017 | $5,211 | $117,740 | $25,550 | $92,190 |
| 2016 | $4,925 | $117,740 | $25,550 | $92,190 |
| 2015 | $4,650 | $117,740 | $25,550 | $92,190 |
| 2014 | $4,035 | $117,740 | $25,550 | $92,190 |
Source: Public Records
Agents Affiliated with this Home
-
CTJPMarie Wiley
-
Jeffrey Juneau
Buyer's Agent in 2020
Jeffrey Juneau
Compass Connecticut, LLC
(860) 910-6869
8 Total Sales
Map
Source: SmartMLS
MLS Number: 170233000
APN: NLON-000029-000149-000019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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