NOT LISTED FOR SALE

New London, CT 06320

Coit Neighborhood

Estimated Value: $275,000 - $353,000

4 Beds
2 Baths
2,089 Sq Ft
$144/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $80,000 $38 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $2,036/month

859 Days on Market

Highlights

  • Attic
  • Outdoor Storage
  • 4-minute walk to Riverside Park Conservancy
  • Property is near shops
  • Level Lot

About This Home

As of December 2016

THIS Property NEEDS A NEW OWNER!
Owner pays Insurance, Taxes and Maintenance -Tenants pay rent plus all utilities in their apartment. Monthly income potential $1800 monthly...Potential annual income $21,600. This multi-family is within walking distance to downtown New London. Each apartment has LR, Eat-in KIT, 2 BR and Bath, newer furnaces, new hot water heaters, storage and laundry hookup for each apartment in basement, off street parking.

Last Agent to Sell the Property

Alvin Kinsall

Compass Connecticut, LLC License #RES.0751935 Listed on: 04/18/2014

Last Buyer's Agent

Dawn Thompson

William Raveis Real Estate License #REB.0789732

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 1870

Lot Details

  • 5,097 Sq Ft Lot
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,089 Sq Ft Home
  • 2-Story Property
  • Walkup Attic

Unfinished Basement

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

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Schools

  • Boe Elementary School
  • Bennie Dover Middle School
  • NLHS High School

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Property is near shops

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,081

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Total Sq Ft: 2089
  • Year Built: 1870
  • Nearby Amenities: Shopping/Mall, Public Trash Pickup
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: Huntington st to jay st to coit
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out, Unfinished
  • Interior Amenities: Cable - Available
  • Attic: Yes
  • Stories Number Of: 2
  • Street Number Modifier: 70

Exterior Features

  • Exterior Features: Sidewalk, Storage Building
  • Exterior Siding: Vinyl Siding

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 1
  • Driveway Type: Asphalt
  • Total Parking Spaces: 4

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Boe
  • Middle School: Na
  • High School: Nlhs
  • Intermediate School: Bennie Dover

Lot Info

  • Acres: 0.1170
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3081
  • Total Assessed Value: 76160
  • Mil Rate Total: 40.460
  • Assessor Parcel Number: 2000082

MLS Schools

  • Elementary School: Boe
  • High School: Nlhs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jan 5, 2017
Sold by
Hersant David G and Hersant Adelaide P
Bought by
New London County Real
Seller's Agent
Alvin Kinsall
Compass Connecticut, LLC
Buyer's Agent
Dawn Thompson
William Raveis Real Estate
List Price
$114,900
Sold Price
$80,000
Premium/Discount to List
-$34,900
-30.37%
Total Days on Market
859
Current Estimated Value
$300,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,087
Avg. Annual Appreciation
17.29%

Purchase Details

Closed on
Jan 14, 2011
Sold by
70 Coit Llc
Bought by
Gersant David G and Hersant Adelaide P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
4.46%

Purchase Details

Closed on
Jul 3, 2008
Sold by
Abate Mark S
Bought by
Achmatow Darius A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.01%
Source: Public Records

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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
New London County Real $80,000 --
Gersant David G $104,000 --
Achmatow Darius A $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wausau Place Llc $171,000
Closed Wausau Place Llc $172,645
Previous Owner Gersant David G $87,000
Previous Owner Abate Mark S $80,000
Previous Owner Abate Mark S $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $80,000 -30.4% $38 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
04/18/2014 04/18/14 For Sale $114,900 -- $55 / 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
2024 $5,310 $186,300 $46,300 $140,000
2023 $4,178 $108,710 $27,160 $81,550
2022 $4,181 $108,710 $27,160 $81,550
2021 $4,256 $108,710 $27,160 $81,550
2020 $3,477 $88,270 $27,160 $61,110
2019 $3,628 $88,270 $27,160 $61,110
2018 $3,438 $76,160 $27,160 $49,000
2017 $3,371 $76,160 $27,160 $49,000
2016 $3,186 $76,160 $27,160 $49,000
2015 $3,008 $76,160 $27,160 $49,000
2014 $2,610 $76,160 $27,160 $49,000
Source: Public Records

Agents Affiliated with this Home

  • Alvin Kinsall

    Seller's Agent in 2016

    Alvin Kinsall

    Compass Connecticut, LLC

    Section Image

  • D

    Buyer's Agent in 2016

    Dawn Thompson

    William Raveis Real Estate

    Section Image
See All Agents

Source: SmartMLS

MLS Number: E275206

SmartMLS

APN: NLON-000029-000152-000039

Connecticut New London County New London 06320

Coit

This home since 18 April 2014 and is currently estimated at $300,087, approximately $143 per square foot. This property was built in 1870. This home 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.

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