NOT LISTED FOR SALE

55 Jay St New London, CT 06320

Coit Neighborhood

Estimated Value: $119,000 - $318,000

5 Beds
2 Baths
3,196 Sq Ft
$76/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $101,000 $32 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,689/month

29 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 3-minute walk to Riverside Park Conservancy
  • Heating System Uses Steam

About This Home

As of October 2023

WOW.... LOOK AT THIS PRICE! Don't miss out on your opportunity to rehab this property into your next home or investment. Property has been condemned by the city due to a fallen tree on the rear of building. Extent of damage is unknown on interior with exception to a few photos. Agent has No verified information regarding interior condition, any mechanicals, heating type, including oil tank, if any. NO ENTRY to the property. Strictly an As Is Sale. Buyer to do their own due diligence with town etc regarding this property.

Last Listed By

Cheryl Keithan

Coldwell Banker Realty License #RES.0002510 Listed on: 08/14/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,398

Year Built

  • Built in 1870

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Side-by-Side
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding
  • Shingle Siding

Interior Spaces

  • 3,196 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,398

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3196
  • Public Record Living Room Sq Ft: 3196
  • Total Sq Ft: 3196
  • Year Built: 1870
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5288
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 55

Exterior Features

  • Exterior Siding: Shingle, Asbestos
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Steam
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Zoning: C-1

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4398
  • Total Assessed Value: 114450
  • Mil Rate Base: 37.240
  • Mil Rate Tax District: 1.190
  • Mil Rate Total: 38.430
  • Assessor Parcel Number: 2000250

Multi Family

  • Total Num Of Units: 2

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
Aug 14, 2023
Closed on
Oct 9, 2023
Sold by
Wa Mutual Mtg Pass Throug and U S Bank Na Tr
Bought by
Verdi Vergilio
Seller's Agent
Cheryl Keithan
Coldwell Banker Realty
Buyer's Agent
Stephanie Rush
RE/MAX Legends
List Price
$67,600
Sold Price
$101,000
Premium/Discount to List
$33,400
49.41%
Total Days on Market
29
Views
544
Current Estimated Value
$242,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,657
Avg. Annual Appreciation
78.01%

Purchase Details

Closed on
Apr 25, 2023
Sold by
Mcrae Lorna and Us Bank Na
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 25, 2002
Sold by
Constantinou Paul S
Bought by
Thompson William A and Thompson Corinne D

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
Verdi Vergilio $101,000 None Available
Wmalt 2006 T -- None Available
Verdi Vergilio $101,000 None Available
Wmalt 2006 T -- None Available
Us Bank Na $124,000 None Available
Us Bank Na $124,000 None Available
Thompson William A $25,000 --
Thompson William A $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson William A $208,000
Previous Owner Thompson William A $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $101,000 +49.4% $32 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $67,600 -- $21 / 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 $4,021 $141,100 $27,700 $113,400
2023 $4,398 $114,450 $27,020 $87,430
2022 $4,402 $114,450 $27,020 $87,430
2021 $4,481 $114,450 $27,020 $87,430
2020 $4,508 $114,450 $27,020 $87,430
2019 $4,704 $114,450 $27,020 $87,430
2018 $3,681 $81,550 $27,020 $54,530
2017 $3,609 $81,550 $27,020 $54,530
2016 $3,411 $81,550 $27,020 $54,530
2015 $3,220 $81,550 $27,020 $54,530
2014 $2,795 $81,550 $27,020 $54,530
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Keithan

    Seller's Agent in 2023

    Cheryl Keithan

    Coldwell Banker Realty

    (860) 463-0900

    1 in this area

    72 Total Sales

    Cheryl Keithan
    Section Image
  • Stephanie Rush

    Buyer's Agent in 2023

    Stephanie Rush

    RE/MAX

    (860) 449-2699

    2 in this area

    161 Total Sales

    Stephanie Rush
    Section Image
See All Agents

Map

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Source: SmartMLS

MLS Number: 170591395

SmartMLS

APN: NLON-000029-000169-000018

Connecticut New London County New London 06320 Coit

55 Jay St, New London, CT

Homes for Sale in New London, CT

This home is located at 55 Jay St, New London, CT 06320 since 14 August 2023 and is currently estimated at $242,657, approximately $75 per square foot. This property was built in 1870. 55 Jay 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.

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