Seller's Agent in 2024
Tina Lajoie
William Raveis Real Estate
(860) 450-2620
2 in this area
95 Total Sales
740 Ocean Ave New London, CT 06320
South New London NeighborhoodEstimated Value: $484,000 - $506,000
4
Beds
3.5
Baths
3,835
Sq Ft
$129/Sq Ft
Est. Value
Highlights
- Detached Guest House
- 0.56 Acre Lot
- Finished Attic
- Barn
- Colonial Architecture
- Attic
About This Home
As of November 2024Discover the charm and elegance of classic New England living with this spacious home, located in the sought-after south end of New London. Boasting original hardwood floors, intricate moldings, and charming built-ins, 740 Ocean Ave, is a glimpse into a bygone era of craftsmanship and detail. With many updates to include kitchen, butler's pantry, mudroom, electrical, natural gas heating system, this home can be easily transformed and restored to shine again with cosmetic refreshes. The sunroom with its wall of windows and convenient exterior door promises to be a favorite gathering spot. The first-floor study with a cozy fireplace and built-in bookshelves provides an ideal space for a home office or quiet retreat. Ascend the sweeping staircase to the 2nd floor where you'll find 4 bedrooms, including a bedroom with ensuite bath. The 3rd floor has additional space with a modest room and attic storage. This home features a newer roof and owned solar panels, a fantastic solution to reduce high energy costs. Enjoy the benefits of sustainable energy while saving money on your electricity bills. Step outside to the newly constructed, beautifully designed and over-sized two-story Post & Beam Barn, potentially, to be utilized as accessory living space/in-law apartment, a use by Special Permit. Walking distance to sandy beaches. New London has been ranked in the top 3 on the list of most AFFORDABLE beach towns for homebuyers in 2023!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,006
Year Built
- Built in 1924
Lot Details
- 0.56
Home Design
- Colonial Architecture
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 3,835 Sq Ft Home
- Whole House Fan
- Ceiling Fan
- 3 Fireplaces
- Home Security System
Kitchen
- Gas Range
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Attic
- Walkup Attic
- Finished Attic
Basement
- Walk-Out Basement
- Partial Basement
Parking
- 1 Car Garage
- Automatic Garage Door Opener
Eco-Friendly Details
- Solar Heating System
- Heating system powered by solar not connected to the grid
- Heating system powered by active solar
Location
- Property is near shops
- Property is near a bus stop
Schools
- New London High School
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Natural Gas
- Electric Water Heater
- Cable TV Available
Additional Features
- 0.56 Acre Lot
- Detached Guest House
- Barn
Listing and Financial Details
- Assessor Parcel Number 1996819
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2024
Closed on
Nov 5, 2024
Sold by
Goodstone Aaron C
Bought by
Leigh Christopher L and Leigh Amy S
Seller's Agent
Tina Lajoie
William Raveis Real Estate
Buyer's Agent
Justin Stebbins
Assist 2 Sell/Stebbins Buyer & Sellers Realty
List Price
$485,000
Sold Price
$485,000
Total Days on Market
46
Views
65
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,729
Avg. Annual Appreciation
4.23%
Original Mortgage
$460,750
Outstanding Balance
$459,388
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$35,346
Purchase Details
Listed on
Dec 27, 2021
Closed on
Mar 9, 2022
Sold by
Carolyn J Hayes Ft and Wa T Co Tr
Bought by
Goodstone Aaron C
Seller's Agent
Martha Quaratella
Coldwell Banker Realty
Buyer's Agent
Martha Quaratella
Coldwell Banker Realty
List Price
$399,000
Sold Price
$386,700
Premium/Discount to List
-$12,300
-3.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Purchase Details
Closed on
Jul 27, 2010
Sold by
Carolyn J Hayes T
Bought by
Carolyn J Hayes Ft and Washington Trust Co
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leigh Christopher L | $485,000 | None Available | |
| Leigh Christopher L | $485,000 | None Available | |
| Goodstone Aaron C | $386,700 | None Available | |
| Goodstone Aaron C | $386,700 | None Available | |
| Carolyn J Hayes Ft | -- | -- | |
| Carolyn J Hayes Ft | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leigh Christopher L | $460,750 | |
| Closed | Leigh Christopher L | $460,750 | |
| Previous Owner | Goodstone Aaron C | $228,000 | |
| Previous Owner | Goodstone Aaron C | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2024 11/05/24 | Sold | $485,000 | 0.0% | $126 / Sq Ft |
| 09/16/2024 09/16/24 | Pending | -- | -- | -- |
| 09/13/2024 09/13/24 | For Sale | $485,000 | 0.0% | $126 / Sq Ft |
| 08/17/2024 08/17/24 | Pending | -- | -- | -- |
| 08/01/2024 08/01/24 | For Sale | $485,000 | +25.4% | $126 / Sq Ft |
| 03/10/2022 03/10/22 | Sold | $386,700 | +4.5% | $110 / Sq Ft |
| 02/08/2022 02/08/22 | Pending | -- | -- | -- |
| 01/29/2022 01/29/22 | Price Changed | $369,900 | -7.3% | $105 / Sq Ft |
| 12/27/2021 12/27/21 | For Sale | $399,000 | -- | $113 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $9,006 | $327,500 | $90,400 | $237,100 |
| 2023 | $7,706 | $206,920 | $65,660 | $141,260 |
| 2022 | $7,621 | $204,260 | $65,660 | $138,600 |
| 2021 | $7,752 | $204,260 | $65,660 | $138,600 |
| 2020 | $7,801 | $204,260 | $65,660 | $138,600 |
| 2019 | $8,150 | $204,260 | $65,660 | $138,600 |
| 2018 | $8,172 | $186,830 | $55,860 | $130,970 |
| 2017 | $8,269 | $186,830 | $55,860 | $130,970 |
| 2016 | $7,559 | $186,830 | $55,860 | $130,970 |
| 2015 | $7,378 | $186,830 | $55,860 | $130,970 |
| 2014 | $6,383 | $186,270 | $55,860 | $130,410 |
Source: Public Records
Agents Affiliated with this Home
-
Tina Lajoie
-
Ann Stewart
Seller Co-Listing Agent in 2024
Ann Stewart
William Pitt
(860) 235-2131
15 in this area
62 Total Sales
-
Justin Stebbins
Buyer's Agent in 2024
Justin Stebbins
Assist 2 Sell/Stebbins Buyer & Sellers Realty
(860) 908-9007
5 in this area
63 Total Sales
-
Martha Quaratella
Seller's Agent in 2022
Martha Quaratella
Coldwell Banker Realty
(860) 227-7611
3 in this area
81 Total Sales
Map
Similar Homes in New London, CT
Source: SmartMLS
MLS Number: 24036121
APN: NLON-000010-000044-000075
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