NOT LISTED FOR SALE

993 Bank St New London, CT 06320

Estimated Value: $381,000 - $486,000

8 Beds
4 Baths
4,390 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $210,000 $48 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,796/month

315 Days on Market

About This Home

As of May 2014

Remodeled 3 family dwelling conveniently located to shopping, banking, restaurants and more! Large, bright apartments. Great for owner occupied or investor, it produces $3,200 a month fully rented. Separate utilities, brand new city sewer connection.

Last Agent to Sell the Property

Viviana Penson-Rodriguez

Leaf Realty Group, LLC License #REB.0789371 Listed on: 05/06/2013

Last Buyer's Agent

Geoffrey Hausmann

RE/MAX on the Bay License #RES.0753715

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,864

Year Built

  • Built in 1917

Lot Details

  • 0.28 Acre Lot

Home Design

  • Asbestos Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,390 Sq Ft Home
  • 4-Story Property
  • Attic

Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Jenn/Winth Elementary School
  • New London/Mag High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,864

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Total Sq Ft: 4390
  • Year Built: 1917
  • Property Sub Type: 3 Family
  • Special Features: None
  • Stories: 4

Interior Features

  • Full Bathrooms: 4
  • Basement Description: Apartment, Full
  • Attic: Yes
  • Stories Number Of: 4
  • Street Number Modifier: 993

Exterior Features

  • Exterior Siding: Asbestos

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Crushed Stone
  • Total Parking Spaces: 6

Utilities

  • Heat Type: Baseboard, Gas on Gas
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Jenn/Winth
  • High School: New London/Mag

Lot Info

  • Acres: 0.2800

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Property Tax: 4864
  • Total Assessed Value: 176890
  • Assessor Parcel Number: 1999204

MLS Schools

  • Elementary School: Jenn/Winth
  • High School: New London/Mag

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2013
Closed on
May 16, 2014
Sold by
Smith Randy
Bought by
Alexander Robert C
Seller's Agent
Viviana Penson-Rodriguez
Leaf Realty Group, LLC
Buyer's Agent
Geoffrey Hausmann
RE/MAX on the Bay
List Price
$239,900
Sold Price
$210,000
Premium/Discount to List
-$29,900
-12.46%
Current Estimated Value
$434,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,985
Avg. Annual Appreciation
6.60%
Original Mortgage
$206,150
Outstanding Balance
$157,638
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$277,347

Purchase Details

Listed on
Apr 4, 2012
Closed on
Jul 31, 2012
Sold by
Fcdb Snpwl Reo Llc
Bought by
Smith Randy
Seller's Agent
Tammy Collins
Agnelli Real Estate
Buyer's Agent
Laurie Hayes-Hagstrom
On The Move Realty, LLC
List Price
$119,900
Sold Price
$85,000
Premium/Discount to List
-$34,900
-29.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.69%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Nationwide Advantage M
Bought by
Fcdb Snpwl Reo Llc

Purchase Details

Closed on
Sep 26, 2011
Sold by
Polimeni Joseph R
Bought by
Nationstar Mortgage Ll

Purchase Details

Closed on
May 1, 2002
Sold by
R & W Enterprise
Bought by
Santos Cirila R
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
Alexander Robert C $210,000 --
Alexander Robert C $210,000 --
Smith Randy $85,000 --
Smith Randy $85,000 --
Fcdb Snpwl Reo Llc -- --
Fcdb Snpwl Reo Llc -- --
Nationstar Mortgage Ll -- --
Nationstar Mortgage Ll -- --
Santos Cirila R $67,500 --
Santos Cirila R $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Cirila R $206,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2014 05/15/14 Sold $210,000 -12.5% $48 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
05/06/2013 05/06/13 For Sale $239,900 +182.2% $55 / Sq Ft
08/06/2012 08/06/12 Sold $85,000 -29.1% $33 / Sq Ft View Prior Sale
07/11/2012 07/11/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $119,900 -- $46 / 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 $5,772 $212,200 $34,000 $178,200
2024 $5,836 $212,200 $34,000 $178,200
2023 $4,817 $129,360 $27,230 $102,130
2022 $4,826 $129,360 $27,230 $102,130
2021 $4,909 $129,360 $27,230 $102,130
2020 $4,940 $129,360 $27,230 $102,130
2019 $5,161 $129,360 $27,230 $102,130
2018 $4,305 $98,420 $27,230 $71,190
2017 $4,356 $98,420 $27,230 $71,190
2016 $3,982 $98,420 $27,230 $71,190
2015 $3,887 $98,420 $27,230 $71,190
2014 $3,373 $98,420 $27,230 $71,190
Source: Public Records

Agents Affiliated with this Home

  • Geoffrey Hausmann

    Buyer's Agent in 2014

    Geoffrey Hausmann

    RE/MAX

    (860) 625-5255

    123 Total Sales

    Geoffrey Hausmann
    Section Image

  • T

    Seller's Agent in 2012

    Tammy Collins

    Agnelli Real Estate

    Section Image
  • Laurie Hayes-Hagstrom

    Buyer's Agent in 2012

    Laurie Hayes-Hagstrom

    On The Move Realty, LLC

    (860) 608-4867

    269 Total Sales

    Laurie Hayes-Hagstrom
    Section Image
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Map

Source: SmartMLS

MLS Number: E266541

SmartMLS

APN: NLON-000023-000118-000154

Connecticut New London County New London 06320

993 Bank St, New London, CT

This home is located at 993 Bank St, New London, CT 06320 since 06 May 2013 and is currently estimated at $434,985, approximately $99 per square foot. This property was built in 1917. 993 Bank St 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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