NOT LISTED FOR SALE

850 Long Cove Rd Gales Ferry, CT 06335

Estimated Value: $351,000 - $381,000

5 Beds
2 Baths
2,024 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $301,000 $149 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,378/month

22 Days on Market

Highlights

  • Raised Ranch Architecture
  • Laundry Room
  • Baseboard Heating
  • Attic
  • Property is near shops
  • Private Driveway

About This Home

As of April 2023

Welcome home to this FIVE bedroom, two bath raised ranch in the heart of Gales Ferry. The main floor has a large open floor plan, perfect for hosting. Stay cozy in the living room with the pellet stove. The upper level also includes a master bedroom and two other bedrooms. Hardwood floors throughout the upstairs. Downstairs you will find a large family room with a kitchenette, two bedrooms, full bath and laundry room. Perfect for an in-law suite! Enjoy summer nights in the large, lightly wooded back yard. This property also features a two-car garage with a workshop! Seller will be replacing the fridge with stainless steel fridge. Listing goes active 3/18.

Last Agent to Sell the Property

Joyce Perlot

eXp Realty License #RES.0793479 Listed on: 03/09/2023

eXp Realty

Last Buyer's Agent

Gustavo Martinez

Ki Property Group License #RES.0802107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,858

Year Built

  • Built in 1965

Lot Details

  • 0.58 Acre Lot
  • Property is zoned R40

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 2 Car Garage
  • Private Driveway

Location

  • Property is near shops

Schools

  • Gales Ferry Elementary School
  • Ledyard High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1513270

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,858

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 1056
  • Sq Ft Est Heated Below Grade: 968
  • Total Sq Ft: 2024
  • Year Built: 1965
  • New Construction: No/Resale
  • Nearby Amenities: Library, Medical Facilities, Park, Shopping/Mall, Stables/Riding
  • Remarks Public Addendum: Showings start Saturday 3/18. Easy to show, ECAR P&S preferred. Town has home as 5 bedroom (2 on lower level) and 1.5 bath- both bathrooms are full baths. Professional photos to come- seller moving out week of "coming soon".
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2124
  • Directions: GPS friendly. Black house on Long Cove.
  • Financing Used: Conventional Fixed
  • In Law Apartment: Possible
  • Living Area Sq Ft Per Public Record: 1056
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out, Partially Finished, Heated, Liveable Space, Storage
  • Appliances: Electric Cooktop, Oven/Range, Microwave, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Attic: Yes
  • Street Number Modifier: 850

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved, Asphalt
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Other
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Gales Ferry
  • High School: Ledyard

Lot Info

  • Acres: 0.58
  • Lot Description: Level Lot Lightly Wooded Fence - Stone
  • Zoning: R40
  • Parcel #: 1513270

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4858
  • Total Assessed Value: 143640
  • Mil Rate Total: 33.82

MLS Schools

  • Elementary School: Gales Ferry
  • High School: Ledyard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 10, 2023
Sold by
Morin Andrew J
Bought by
Zea Melissa and Zea Carlos
Seller's Agent
Joyce Perlot
eXp Realty
Buyer's Agent
Gustavo Martinez
Ki Property Group
List Price
$280,000
Sold Price
$301,000
Premium/Discount to List
$21,000
7.5%
Views
20
Current Estimated Value
$351,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,728
Avg. Annual Appreciation
6.58%
Original Mortgage
$285,950
Outstanding Balance
$278,456
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$71,138

Purchase Details

Listed on
May 21, 2019
Closed on
Aug 14, 2019
Sold by
Ackart Rex
Bought by
Morin Andrew J
Seller's Agent
Kathleen Prater
RE/MAX Realty Group
Buyer's Agent
Lora Merrill
William Raveis Real Estate
List Price
$237,000
Sold Price
$225,000
Premium/Discount to List
-$12,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$229,837
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2008
Sold by
Joyce Edna A and Ackart Franklin B
Bought by
Ackart Rex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zea Melissa $301,000 None Available
Morin Andrew J $225,000 --
Ackart Rex $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zea Melissa $285,950
Previous Owner Morin Andrew J $229,837
Previous Owner Morin Andrew J $229,837
Previous Owner Ackart Rex $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $301,000 +7.5% $149 / Sq Ft
03/18/2023 03/18/23 For Sale $280,000 +24.4% $138 / Sq Ft
08/19/2019 08/19/19 Sold $225,000 +2.3% $111 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/17/2019 06/17/19 Price Changed $219,900 -7.2% $109 / Sq Ft
05/21/2019 05/21/19 For Sale $237,000 -- $117 / 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 $5,428 $146,160 $45,570 $100,590
2024 $5,132 $145,740 $45,570 $100,170
2023 $5,037 $145,740 $45,570 $100,170
2022 $4,858 $143,640 $45,570 $98,070
2021 $4,826 $143,640 $45,570 $98,070
2020 $4,299 $122,920 $43,260 $79,660
2019 $4,310 $122,920 $43,260 $79,660
2018 $4,215 $122,920 $43,260 $79,660
2017 $4,000 $122,920 $43,260 $79,660
2016 $3,921 $122,920 $43,260 $79,660
2015 $3,737 $122,920 $43,260 $79,660
2014 $3,803 $127,190 $45,570 $81,620
Source: Public Records

Agents Affiliated with this Home

  • Joyce Perlot

    Seller's Agent in 2023

    Joyce Perlot

    eXp Realty

    (860) 449-4450

    8 in this area

    49 Total Sales

    Section Image

  • G

    Buyer's Agent in 2023

    Gustavo Martinez

    Ki Property Group

    Section Image

  • K

    Seller's Agent in 2019

    Kathleen Prater

    RE/MAX

    Section Image

  • L

    Buyer's Agent in 2019

    Lora Merrill

    William Raveis Real Estate

    Section Image
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Map

Source: SmartMLS

MLS Number: 170555099

SmartMLS

APN: LEDY-000093-001340-000850

Connecticut New London County Gales Ferry 06335

850 Long Cove Rd, Gales Ferry, CT

This home is located at 850 Long Cove Rd, Gales Ferry, CT 06335 since 09 March 2023 and is currently estimated at $365,244, approximately $180 per square foot. This property was built in 1965. 850 Long Cove Rd is a home located in New London County with nearby schools including Ledyard Middle School, Ledyard High School, and Academy Of St Therese.

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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