$95,000
SOLD OCT 24, 2024

85 Niles Hill Rd Unit 5 New London, CT 06320

South New London Neighborhood
1 Bed
1 Bath
615 Sq Ft
$375/mo HOA Fee

Recently Sold

$154 Per Sq Ft

24% Below List Price

41 Days on Market

Highlights

  • Thermal Windows
  • Programmable Thermostat
  • Baseboard Heating

About This Home

As of October 2024

Rare find! 1 BR, one bath unit at Niles Hills Condominiums is move-in ready! This FIRST LEVEL condo offers hardwood floors, galley style kitchen, a living room/dining room combo, and one bedroom. Located in the Sixth District of New London and only minutes to Harkness Park, Ocean Beach, and more!

Last Agent to Sell the Property

Adam Mancini

Ann McBride Real Estate License #REB.0751610 Listed on: 08/08/2024

Last Buyer's Agent

Justin Stebbins

Assist 2 Sell/Stebbins Buyer & Sellers Realty License #REB.0795603

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1985

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 615 Sq Ft Home
  • Thermal Windows
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • New London High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1996334

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management
  • 14 Units
  • Property managed by Signature Properties

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,719

Year Built

Built in 1985

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 615
  • Total Sq Ft: 615
  • Year Built: 1985
  • New Construction: No/Resale
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Condo Model Name: First floor flat
  • Directions: 85 Niles Hill Rd., Unit 5. You park in The main parking lot, and you walk across the complex to the other side. #5 faces the brick buildings at the abutting condo complex
  • Financing Used: Cash
  • In Law Apartment: No
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: None
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Location: Stackable in kitchen
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 85

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: None, Other, Assigned Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management
  • Levels In Unit: 1
  • HOA Fees: 375
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Signature Properties
  • Property Mgt Phone: (860) 639-5811
  • Total Number of Units In Complex: Niles Hill

Schools

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

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: Lightly Wooded Level Lot
  • Flood Zone: No
  • Zoning: R
  • Parcel #: 1996334

Rental Info

  • Pets Allowed Info: Subject to association ap
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 14

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 1719
  • Total Assessed Value: 62500
  • Mil Rate Total: 27.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Oct 23, 2024
Sold by
Yates Barbara H
Bought by
Delrusso Richard
Seller's Agent
Adam Mancini
Ann McBride Real Estate
Buyer's Agent
Justin Stebbins
Assist 2 Sell/Stebbins Buyer & Sellers Realty
List Price
$124,900
Sold Price
$95,000
Premium/Discount to List
-$29,900
-23.94%
Views
171
Current Estimated Value
$105,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,883
Avg. Annual Appreciation
12.09%
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 Type Sale Price Title Company
Warranty Deed $95,000 None Available
Warranty Deed $95,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $95,000 -17.3% $154 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/09/2024 09/09/24 Price Changed $114,900 -8.0% $187 / Sq Ft
08/08/2024 08/08/24 For Sale $124,900 -- $203 / 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 $1,700 $62,500 $0 $62,500
2024 $1,719 $62,500 $0 $62,500
2023 $1,486 $39,900 $0 $39,900
2022 $1,489 $39,900 $0 $39,900
2021 $1,514 $39,900 $0 $39,900
2020 $1,524 $39,900 $0 $39,900
2019 $1,592 $39,900 $0 $39,900
2018 $1,834 $41,930 $0 $41,930
2017 $1,856 $41,930 $0 $41,930
2016 $1,696 $41,930 $0 $41,930
2015 $1,656 $41,930 $0 $41,930
2014 $1,437 $41,930 $0 $41,930
Source: Public Records

Agents Affiliated with this Home

  • Adam Mancini

    Seller's Agent in 2024

    Adam Mancini

    Ann McBride Real Estate

    (860) 306-9988

    5 in this area

    207 Total Sales

    Adam Mancini
    Section Image
  • Justin Stebbins

    Buyer's Agent in 2024

    Justin Stebbins

    Assist 2 Sell/Stebbins Buyer & Sellers Realty

    (860) 908-9007

    6 in this area

    64 Total Sales

    Justin Stebbins
    Section Image
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Map

Source: SmartMLS

MLS Number: 24034683

SmartMLS

APN: NLON-000007-000047-000008-000005

Connecticut New London County New London 06320 South New London

85 Niles Hill Rd Unit 5, New London, CT

This home is located at 85 Niles Hill Rd Unit 5, New London, CT 06320 and is currently priced at $95,000, approximately $154 per square foot. This property was built in 1985. 85 Niles Hill Rd Unit 5 is a home located in New London County with nearby schools including Harbor Elementary School, Bennie Dover Jackson Middle School, and New London High School.

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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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