NOT LISTED FOR SALE

881 Ocean Ave New London, CT 06320

South New London Neighborhood

Estimated Value: $386,000 - $535,000

5 Beds
2.5 Baths
2,647 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $244,000 $92 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,164/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • Enclosed Patio or Porch
  • 1 Fireplace
  • No HOA
  • Private Driveway

About This Home

As of July 2021

Make this house your home!! Hardwood floors throughout and tons of storage. This home does not lack for room to grow! Every room feels spacious. Formal Dining Room, Living Room and eat-in Kitchen. The Main Level Bedroom/Full Bath & Laundry, connected to a secondary living space, would make for a perfect in-law suite. This home offers a 3 Season Room where your plants will be so happy! Two Fireplaces. The opportunity is endless here. With SO much potential, a little TLC and your personal touch are just what it needs to be the perfect place to live!! Please view our virtual tour!!

Last Agent to Sell the Property

Miguel Gautier

KEY Real Estate Services LLC License #RES.0798116 Listed on: 05/01/2021

Co-Listed By

Erica Georgetti

RE/MAX One License #RES.0814412

Last Buyer's Agent

Sonya Hoisington

RE/MAX on the Bay License #REB.0754744

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,579

Year Built

  • Built in 1940

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Property is zoned r20

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,647 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,579

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2647
  • Public Record Living Room Sq Ft: 2647
  • Total Sq Ft: 2647
  • Year Built: 1940
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4899
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full
  • Appliances: Electric Cooktop, Electric Range, Refrigerator, Dishwasher
  • Attic: No
  • Street Number Modifier: 881

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Asphalt

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.2400
  • Lot Description: Corner Lot
  • Zoning: r20

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6579
  • Total Assessed Value: 172270
  • Mil Rate Base: 38.190
  • Mil Rate Total: 38.190
  • Assessor Parcel Number: 1996215

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Jul 6, 2021
Sold by
Mansfield Dorothy
Bought by
Kaplan Johnna M
Seller's Agent
Miguel Gautier
KEY Real Estate Services LLC
Buyer's Agent
Sonya Hoisington
RE/MAX on the Bay
List Price
$250,000
Sold Price
$244,000
Premium/Discount to List
-$6,000
-2.4%
Current Estimated Value
$468,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,380
Avg. Annual Appreciation
17.58%
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 Buyer Sale Price Title Company
Kaplan Johnna M $244,000 None Available
Kaplan Johnna M $244,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mansfield Michael F $16,000
Previous Owner Mansfield Michael F $10,700
Previous Owner Mansfield Michael F $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $244,000 -2.4% $92 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $250,000 -- $94 / 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 $7,583 $278,800 $90,900 $187,900
2024 $7,667 $278,800 $90,900 $187,900
2023 $6,415 $172,270 $67,410 $104,860
2022 $6,427 $172,270 $67,410 $104,860
2021 $6,538 $172,270 $67,410 $104,860
2020 $6,579 $172,270 $67,410 $104,860
2019 $6,874 $172,270 $67,410 $104,860
2018 $6,834 $156,240 $59,430 $96,810
2017 $6,915 $156,240 $59,430 $96,810
2016 $6,321 $156,240 $59,430 $96,810
2015 $6,170 $156,240 $59,430 $96,810
2014 $5,354 $156,240 $59,430 $96,810
Source: Public Records

Agents Affiliated with this Home

  • Miguel Gautier

    Seller's Agent in 2021

    Miguel Gautier

    KEY Real Estate Services LLC

    (860) 444-7362

    4 in this area

    39 Total Sales

    Miguel Gautier
    Section Image
  • Erica Georgetti

    Seller Co-Listing Agent in 2021

    Erica Georgetti

    RE/MAX

    (860) 857-3449

    7 in this area

    113 Total Sales

    Erica Georgetti
    Section Image

  • S

    Buyer's Agent in 2021

    Sonya Hoisington

    RE/MAX

    Section Image
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Map

Source: SmartMLS

MLS Number: 170395353

SmartMLS

APN: NLON-000007-000024-000012

Connecticut New London County New London 06320 South New London

881 Ocean Ave, New London, CT

This home is located at 881 Ocean Ave, New London, CT 06320 since 01 May 2021 and is currently estimated at $468,380, approximately $176 per square foot. This property was built in 1940. 881 Ocean Ave 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.

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