NOT LISTED FOR SALE

Estimated Value: $571,000 - $645,782

4 Beds
2 Baths
2,502 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $535,000 $214 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,215/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Sitting Room
  • Deck
  • 1 Fireplace
  • Walking Distance to Water

About This Home

As of May 2023

Welcome to New England’s hidden secret, the 6th district of New London. Known for its historic significance, nautical atmosphere and beaches, this neighborhood encapsulates a time when homes were built with great attention to detail. True charm throughout this stunning colonial boasts a wealth of upgrades and modern amenities. From the moment you step through the door, you will be struck by the home’s warm and welcoming atmosphere. An abundance of natural light fills the floor plan bringing inspiration to your mornings in the updated kitchen or a relaxing afternoon in the beautiful sunroom. The cool AC is the perfect ending to a day at the beach. Inside, you are surrounded by quality. Hand crafted mahogany flooring inlays decorate each room; while the variety of built-ins provide a place to display your memories. This home is a treasure and has been cherished. Outside, you will find a stately presence including a new 50-year roof and restored copper lined Yankee gutters. The expansive backyard is very private, and the gardens will impress all as you host summer cookouts. Benefits to this location include beaches, entertainment, dining, shopping, Amtrak, ferries, and I-95. 2 hours from Boston and NYC. Every detail has been considered at 898 Ocean Avenue. This is your opportunity to own a breathtaking property that offers elegant details and quality craftsmanship.

Last Agent to Sell the Property

Brittany Hebert

Berkshire Hathaway NE Prop. License #RES.0814627 Listed on: 04/05/2023

Berkshire Hathaway NE Prop.

Co-Listed By

Cheryl Auerbach

Berkshire Hathaway NE Prop. License #RES.0770213

Last Buyer's Agent

Denise Fusaro

Berkshire Hathaway NE Prop. License #RES.0780988

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,310

Year Built

  • Built in 1931

Lot Details

  • 0.28 Acre Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,502 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Sitting Room
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry on lower level
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic
  • Pull Down Stairs to Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space
  • Basement Storage

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 1 Car Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Rain Gutters

Utilities

  • Mini Split Air Conditioners
  • Radiator
  • Gas Available at Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1996255

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,310

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Neighborhood: Ocean Beach
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2502
  • Total Sq Ft: 2502
  • Year Built: 1931
  • New Construction: No/Resale
  • Nearby Amenities: Park, Playground/Tot Lot
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5238
  • Directions: Ocean Avenue towards the beach.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2502
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Crawl Space, Storage Space
  • Basement Description: Full, Unfinished, Concrete Floor, Interior Access, Storage
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Foyer, Mud Room, Sitting Room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 898

Exterior Features

  • Exterior Features: Deck, Gutters, Sidewalk
  • Exterior Siding: Wood
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Private
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Attic Fan, Ceiling Fans, Split System
  • Heat Type: Radiator
  • Heat Fuel Type: Gas In Street
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.28
  • Lot Description: Open Lot Level Lot Professionally Landscaped
  • Zoning: Residential
  • Parcel #: 1996255

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8310
  • Total Assessed Value: 222740
  • Mil Rate Total: 37.31

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
Apr 5, 2023
Closed on
May 31, 2023
Sold by
Hobbes David and Hobbes Victoria A
Bought by
Angus Lisa and Angus Peter
Seller's Agent
Brittany Hebert
Berkshire Hathaway NE Prop.
Buyer's Agent
Denise Fusaro
Berkshire Hathaway NE Prop.
List Price
$519,000
Sold Price
$535,000
Premium/Discount to List
$16,000
3.08%
Views
42
Current Estimated Value
$623,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,144
Avg. Annual Appreciation
6.83%
Original Mortgage
$498,750
Outstanding Balance
$486,468
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,251

Purchase Details

Listed on
Sep 14, 2017
Closed on
Mar 19, 2018
Sold by
Ormerod Jennifer K
Bought by
Hobbes David and Hunter Victoria A
Seller's Agent
Samantha Egger
Coldwell Banker Realty
Buyer's Agent
Cheryl Auerbach
Berkshire Hathaway NE Prop.
List Price
$399,900
Sold Price
$392,000
Premium/Discount to List
-$7,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$313,600
Interest Rate
4.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 30, 2008
Sold by
Papadakas James N
Bought by
Ormerod Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2003
Sold by
Mallove James L
Bought by
Janney Eric M

Purchase Details

Closed on
Sep 16, 1998
Sold by
Forster Carole P
Bought by
Mallove James L and Mallove Robin Walsh
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Angus Lisa $535,000 None Available
Angus Lisa $535,000 None Available
Hobbes David -- --
Hobbes David -- --
Ormerod Jennifer K $380,000 --
Ormerod Jennifer K $380,000 --
Janney Eric M $322,000 --
Janney Eric M $322,000 --
Mallove James L $165,000 --
Mallove James L $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angus Lisa $498,750
Closed Angus Lisa $498,750
Previous Owner Hobbes David T $311,000
Previous Owner Hobbes David $313,600
Previous Owner Zylick Carole P $361,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $535,000 +3.1% $214 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $519,000 +32.4% $207 / Sq Ft
03/16/2018 03/16/18 Sold $392,000 -2.0% $157 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
09/14/2017 09/14/17 For Sale $399,900 -- $160 / 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 $9,640 $354,400 $92,900 $261,500
2024 $9,746 $354,400 $92,900 $261,500
2023 $8,295 $222,740 $68,880 $153,860
2022 $8,310 $222,740 $68,880 $153,860
2021 $8,453 $222,740 $68,880 $153,860
2020 $8,506 $222,740 $68,880 $153,860
2019 $8,681 $217,560 $68,880 $148,680
2018 $8,178 $186,970 $60,760 $126,210
2017 $8,275 $186,970 $60,760 $126,210
2016 $7,148 $176,680 $60,760 $115,920
2015 $6,977 $176,680 $60,760 $115,920
2014 $6,055 $176,680 $60,760 $115,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170555531

SmartMLS

APN: NLON-000007-000026-000062