$315,000
SOLD APR 19, 2024
7 Beds
2 Baths
2,019 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

9% Above List Price

29 Days on Market

Highlights

  • Garden
  • Level Lot
  • 4-minute walk to Williams Memorial Park

About This Home

As of April 2024

Both Units have recently been renovated and are ready to be rented. Separate Utilities. 2 family in the heart of New London. Investors or buyers interested in owner occupancy take notice, this is a prime opportunity to acquire a great income generating property. Unit 1 is a 4 Bd, 1 Bath unit and Unit 2 is a 3Bd, 1 Bath unit. Paved driveway and parking space as well as plenty of on street parking. Easy access to I-95, downtown New London, shopping, restaurants, and more. Quaint backyard space. Natural gas, public sewer, and public water connected. The basement offers a laundry area and potential storage for each unit with shared access through hatchway. Virtual tour available. Multiple Offers - Highest and Best by Thursday (03/28) 8:00pm

Last Agent to Sell the Property

Brendon Mansaku

SM Real Estate Advisors License #REB.0795438

Last Buyer's Agent

Maya Basic

William Raveis Real Estate License #RES.0808376

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Garden

Parking

  • 3 Parking Spaces

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,019 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Schools

  • New London High School

Utilities

  • Window Unit Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 2 Units
  • Gross Income $40,200

Listing and Financial Details

  • Assessor Parcel Number 2000388

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,539

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2019
  • Total Sq Ft: 2019
  • Year Built: 1910
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS accessible
  • Financing Used: Other
  • Living Area Sq Ft Per Public Record: 2019
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Full, Unfinished, Full With Hatchway
  • Laundry Room Location: Laundry Hookups in Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 57

Exterior Features

  • Exterior Features: Garden Area
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 3
  • Garage And Parking: None, Parking Lot, On Street Parking, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 200

Schools

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

Lot Info

  • Acres: 0.09
  • Lot Description: Level Lot
  • Zoning: R3
  • Parcel #: 2000388

Multi Family

  • Gross Annual Income: 40200
  • Net Operating Income: 30200
  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 2539
  • Total Assessed Value: 68180
  • Mil Rate Total: 37.24

MLS Schools

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

Map

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

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $315,000 +9.0% $156 / Sq Ft
03/21/2024 03/21/24 For Sale $289,000 +44.5% $143 / Sq Ft
10/14/2021 10/14/21 Sold $200,000 +0.1% $99 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $199,900 0.0% $99 / Sq Ft
04/07/2014 04/07/14 Rented $1,400 +22.8% --
02/22/2014 02/22/14 Under Contract -- -- --
02/01/2014 02/01/14 For Rent $1,140 +14.0% --
02/28/2013 02/28/13 Rented $1,000 +5.3% --
02/27/2013 02/27/13 Under Contract -- -- --
11/24/2012 11/24/12 For Rent $950 -- --
Source: SmartMLS

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 $3,262 $118,600 $31,900 $86,700
2023 $2,539 $68,180 $13,370 $54,810
2022 $2,544 $68,180 $13,370 $54,810
2021 $2,587 $68,180 $13,370 $54,810
2020 $2,604 $68,180 $13,370 $54,810
2019 $2,720 $68,180 $13,370 $54,810
2018 $2,661 $60,830 $17,010 $43,820
2017 $2,692 $60,830 $17,010 $43,820
2016 $2,461 $60,830 $17,010 $43,820
2015 $2,402 $60,830 $17,010 $43,820
2014 $2,085 $60,830 $17,010 $43,820
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 Purchase Money Mortgage
Closed $252,000 Purchase Money Mortgage
Previous Owner $196,377 FHA
Previous Owner $73,200 Credit Line Revolving
Previous Owner $255,600 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $315,000 None Available
Deed $315,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $30,600 --
Warranty Deed $30,600 --
Foreclosure Deed -- --
Foreclosure Deed -- --
Warranty Deed $50,000 --
Warranty Deed $50,000 --
Warranty Deed $31,000 --
Warranty Deed $31,000 --
Executors Deed $31,000 --
Executors Deed $31,000 --
Source: Public Records

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Source: SmartMLS

MLS Number: 24005310

SmartMLS

APN: NLON-000030-000133-000006