Seller's Agent in 2023
Kathleen Cavasino
RE/MAX
(860) 823-0467
6 in this area
52 Total Sales
863 Montauk Ave New London, CT 06320
South New London NeighborhoodEstimated Value: $539,000 - $645,000
4
Beds
4
Baths
2,948
Sq Ft
$199/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 2 Fireplaces
- Walking Distance to Water
- Deck
- No HOA
- 2 Car Attached Garage
About This Home
As of February 2023PRICE REDUCED! Welcome to the Pequot Colony, a desirable area of finer homes. Here you will be welcomed into a Classic New England Colonial style home, located next door the historic Pequot Chapel. You can stroll down for breakfast at local eatery or to the ocean to be greeted by the famous Ledge Light lighthouse along the Thames River. This charming home has a welcoming front patio and covered entryway. Inside you will be greeted with a foyer, that showcases a beautiful wooden staircase. The hardwoods floors that greet you in the foyer flow throughout the 1st and 2nd floors, and lead into a large living room with a gas fireplace, built-in bookshelves, large windows, and a bow window overlooking Pequot Chapel. The dining room includes beautiful built-in wall cabinetry, leading into the kitchen, with cherry cabinets. Off the back of the dining room, there is large sun-filled family room with second gas fireplace. It has a vaulted ceiling and large windows, overlooking two private decks for entertaining and family barbeques. There are 4
generously size bedrooms suites, all with their own full-size bathrooms and walk in closets. Opportunity for master suite on main level. Some of the updates include; windows, roof, family-room, upper-level master suite, gas furnace, and upgraded electrical system. The home is close to several private beaches, Ocean Beach Park, Lighthouse Inn/Tavern, hospital, CGA, Mitchell College and much, much more. Home sold "AS IS"
Last Agent to Sell the Property
RE/MAX on the Bay License #RES.0801892 Listed on: 09/16/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,908
Year Built
- Built in 1953
Lot Details
- 0.35
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Shingle Siding
Interior Spaces
- 2,948 Sq Ft Home
- Ceiling Fan
- 2 Fireplaces
- Self Contained Fireplace Unit Or Insert
- Entrance Foyer
- Concrete Flooring
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Electric Dryer
Unfinished Basement
- Partial Basement
- Interior Basement Entry
- Crawl Space
- Basement Storage
Parking
- 2 Car Attached Garage
- Parking Deck
- Automatic Garage Door Opener
- Driveway
Outdoor Features
- Walking Distance to Water
- Deck
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Schools
- Nathan Hale Elementary School
- Dover Jackson Middle School
- New London High School
Utilities
- Radiator
- Radiant Heating System
- Gas Available at Street
- Cable TV Available
Additional Features
- Grab Bar In Bathroom
- 0.35 Acre Lot
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2022
Closed on
Feb 24, 2023
Sold by
Peterson Andrew C and Peterson Jonathan M
Bought by
Mastrota Stephanie F
Seller's Agent
Kathleen Cavasino
RE/MAX on the Bay
Buyer's Agent
Alan Spotlow
William Raveis Real Estate
List Price
$489,000
Sold Price
$440,000
Premium/Discount to List
-$49,000
-10.02%
Views
180
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
$146,159
Avg. Annual Appreciation
11.09%
Original Mortgage
$418,000
Outstanding Balance
$406,249
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,822
Purchase Details
Closed on
May 16, 2014
Sold by
Peterson Alma
Bought by
Peterson Christian D and Peterson Andrew C
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 |
|---|---|---|---|
| Mastrota Stephanie F | $440,000 | None Available | |
| Mastrota Stephanie F | $440,000 | None Available | |
| Peterson Christian D | -- | -- | |
| Peterson Christian D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mastrota Stephanie F | $418,000 | |
| Closed | Mastrota Stephanie F | $418,000 | |
| Previous Owner | Peterson Alma H | $115,000 | |
| Previous Owner | Peterson Alma H | $59,200 | |
| Previous Owner | Peterson Alma H | $81,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2023 02/24/23 | Sold | $440,000 | -7.2% | $149 / Sq Ft |
| 01/26/2023 01/26/23 | Pending | -- | -- | -- |
| 10/29/2022 10/29/22 | Price Changed | $474,000 | -3.1% | $161 / Sq Ft |
| 09/24/2022 09/24/22 | For Sale | $489,000 | -- | $166 / 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 | $7,820 | $287,500 | $98,100 | $189,400 |
| 2024 | $7,906 | $287,500 | $98,100 | $189,400 |
| 2023 | $6,895 | $185,150 | $72,730 | $112,420 |
| 2022 | $6,908 | $185,150 | $72,730 | $112,420 |
| 2021 | $7,026 | $185,150 | $72,730 | $112,420 |
| 2020 | $7,071 | $185,150 | $72,730 | $112,420 |
| 2019 | $7,387 | $185,150 | $72,730 | $112,420 |
| 2018 | $7,532 | $172,200 | $64,190 | $108,010 |
| 2017 | $7,622 | $172,200 | $64,190 | $108,010 |
| 2016 | $6,967 | $172,200 | $64,190 | $108,010 |
| 2015 | $6,800 | $172,200 | $64,190 | $108,010 |
| 2014 | $5,901 | $172,200 | $64,190 | $108,010 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2023
Alan Spotlow
William Raveis Real Estate
(203) 584-4300
1 in this area
71 Total Sales
Map
Source: SmartMLS
MLS Number: 170519775
APN: NLON-000008-000038-000006
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