NOT LISTED FOR SALE

78 West St New London, CT 06320

Williams Neighborhood
4 Beds
4 Baths
2,568 Sq Ft
4,792 Sq Ft Lot

Last Sold November 20, 2020

Last sale price $200,000 $78 Per Sq Ft

210 Days on Market

Highlights

  • Attic
  • Detached Garage
  • Porch
  • No HOA
  • Thermal Windows
  • 2-minute walk to Bartlett Courts Park

About This Home

As of November 2020

This one is a true money maker! Four single units plus a 3-door garage/shed at rear of property. Tenants pay their own heat, hot water and electric usage. Owner has fully renovated Unit 1B and just completed another renovation of Unit 2B. Previous owner renovated Unit 2A. This property also has a walk-up attic. Basement accessible from rear door only. Roof was replaced in 2016. Net Operating Income exceeds $26,000 annually. Selling as-is. No government financing. See disclosure for list of incomplete repair work.

Last Agent to Sell the Property

Thomas Sheldon

Signature Properties of NewEng License #RES.0759468 Listed on: 02/24/2020

Last Buyer's Agent

Ferdinand Giacinto

RE/MAX on the Bay License #RES.0257400

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,496

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Sloped Lot

Home Design

  • Side-by-Side
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 2,568 Sq Ft Home
  • Thermal Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Attic

  • Attic Floors
  • Walkup Attic

Basement

  • Walk-Out Basement
  • Dirt Floor

Parking

  • Detached Garage
  • Private Driveway
  • On-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Schools

  • Dover Jackson Middle School
  • New London High School

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $34,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,496

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2568
  • Public Record Living Room Sq Ft: 2568
  • Total Sq Ft: 2568
  • Year Built: 1890
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5052
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Broad St to Center St to West St
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Walk-up, Floored
  • Basement Description: Dirt Floor, Walk-out
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Porch, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, On Street Parking
  • Driveway Type: Private

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1100
  • Lot Description: Sloping Lot
  • Zoning: R-2

Multi Family

  • Gross Annual Income: 34500
  • Unit Count: 4
  • Total Multi Family: 8
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4496
  • Mil Rate Base: 38.190
  • Assessor Parcel Number: 2001691

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Dover Jackson
  • High School: New London

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $200,000 -4.7% $78 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $209,900 +5.0% $82 / Sq Ft
03/07/2020 03/07/20 Off Market $200,000 -- --
03/07/2020 03/07/20 Pending -- -- --
03/04/2020 03/04/20 Price Changed $209,900 +5.6% $82 / Sq Ft
03/01/2020 03/01/20 For Sale $198,800 -0.6% $77 / Sq Ft
02/26/2020 02/26/20 Off Market $200,000 -- --
02/24/2020 02/24/20 For Sale $198,800 +65.8% $77 / Sq Ft
07/15/2016 07/15/16 Sold $119,900 -20.0% $47 / Sq Ft View Prior Sale
05/25/2016 05/25/16 Pending -- -- --
10/27/2014 10/27/14 For Sale $149,900 -- $58 / 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 $4,844 $178,100 $49,100 $129,000
2024 $4,898 $178,100 $49,100 $129,000
2023 $4,385 $117,740 $30,660 $87,080
2022 $4,393 $117,740 $30,660 $87,080
2021 $4,468 $117,740 $30,660 $87,080
2020 $4,496 $117,740 $30,660 $87,080
2019 $4,698 $117,740 $30,660 $87,080
2018 $4,109 $93,940 $36,820 $57,120
2017 $4,158 $93,940 $36,820 $57,120
2016 $3,801 $93,940 $36,820 $57,120
2015 $3,710 $93,940 $36,820 $57,120
2014 $3,219 $93,940 $36,820 $57,120
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Thomas Sheldon

    Signature Properties of NewEng

    Section Image
  • Ferdinand Giacinto

    Buyer's Agent in 2020

    Ferdinand Giacinto

    RE/MAX

    (860) 912-0694

    2 in this area

    85 Total Sales

    Ferdinand Giacinto
    Section Image

  • T

    Seller's Agent in 2016

    Tammy Starr

    ERA Blanchard & Rossetto

    (860) 646-2482

    2 Total Sales

    Tammy Starr
    Section Image
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Map

Source: SmartMLS

MLS Number: 170274082

SmartMLS

APN: NLON M:E10 B:0230 L:0005

Connecticut New London County New London 06320 Williams

78 West St, New London, CT

Not Listed for Sale

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