See Home Value
New London 06320
371 Ocean Avenue
$295,000
House - Off Market

371 Ocean Avenue

New London, Connecticut 06320
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1584 Sqft
$1,752
Estimated Monthly
$0
HOA / Fees
31.31%
Cap Rate

About This Property

One of a kind 4 bedroom brick home. Property is centrally located to Beaches, Parks, Dining, and Medical. The layout of this home really packs a punch. There are 2 bedrooms on each floor, as well as 2 separate living rooms. Hardwood can be found throughout this home. Laundry is located in the partial basement. Driveway has recently been expanded to offer multiple off street parking spots. This solid brick building was said to be a school house once upon a time. Don't miss out on this unique opportunity!
Unit Size
1,584Ft²
Days on Market
63 days
Land Size
0.13 acres
Price per sqft
$186
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1787
Last updated: 9 days ago (Smart MLS #170623802)

Price History

Date / Event Date Event Price
Apr 12, 2024 Sold $295,000
Sold
Feb 24, 2024 In contract -
In contract
Feb 9, 2024 Listed by RE/MAX on the Bay $295,000
Listed by RE/MAX on the Bay
Apr 1, 2017 Sold to Bonnie Reemsnyder, Erin M R... $127,000
Sold to Bonnie Reemsnyder, Erin M R...

Property Highlights

Building Info

Overview

    General

  • Year Built: 1787
  • Effective Year Built: 1787
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,819
  • Total Building Area: 1,584
  • Gross Building Area: 2,418
  • Building Area: 1,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 1,584
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : REEMSNYDER ERIN M
  • Current Owner 2: REEMSNYDER BONNIE
  • Previous Owner : KAYA SOLUTION LLC
  • Owner Before Previous Owner: QUINN MARY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New London School District
  • School Tax School District: NEW LONDON SD
  • Census Tract: 690800

Geography

  • Account Number: E19 0074 0017
  • Parcel: NLON M:E19 B:0074 L:0017
  • Block: 74
  • Lot: 17
  • Municipality: NEW LONDON
  • Latitude: 41.3361
  • Longitude: -72.1065

    Address

  • Full Address: 371 Ocean Ave
  • Address - House Number: 371
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: CT
  • City Name: New London
  • Carrier Code: C005
  • 4-Digit Zip Code: 4718
  • Zip Code: 06320

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,634

    Appraisal Valuation

  • Standard Deviation: 0.2474
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 268,693
  • High Value: 335,181
  • Low Value: 202,204

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,699
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 01, 2017
  • First Open Lien Mortgage Loan Amount: $124,699
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,580
  • Assessed Land Value: $43,610
  • Assessed Improvements Value: $53,970

    Sales

  • Current Sale Recording Date: Apr 01, 2017
  • Current Sale Transaction ID: 1811750781
  • Current Sale Price: $127,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 11, 2013
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 01, 2017
  • First Mortgage Loan Amount: $124,699
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
2,161 ft²
$134/ft²
$290,000 Oct 12, 2023
$290,000 Nov 21, 2023
$400/mo
House
3 Beds
2 Baths
1,748 ft²
$178/ft²
$311,000 Nov 10, 2023
$311,000 Mar 28, 2024
$333/mo
House
3 Beds
2 Baths
1,320 ft²
$206/ft²
$271,883 May 12, 2022
$271,883 Jul 26, 2022
$312/mo
House
5 Beds
2 Baths
1,788 ft²
$140/ft²
$249,849 Mar 20, 2023
$249,849 May 15, 2023
$345/mo
House
3 Beds
2 Baths
1,188 ft²
$231/ft²
$275,000 Apr 27, 2023
$275,000 Sep 14, 2023
$296/mo
House
3 Beds
2 Baths
1,235 ft²
$198/ft²
$244,000 Nov 16, 2023
$244,000 Jan 17, 2024
$250/mo
House
4 Beds
2 Baths
1,492 ft²
$221/ft²
$329,900 Feb 8, 2024
-
$413/mo
In Contract
House
3 Beds
1 Bath
1,164 ft²
$249/ft²
$289,900 Dec 14, 2023
-
$241/mo
Multifamily
4 Beds
2 Baths
2,160 ft²
$137/ft²
$295,000 Apr 15, 2024
-
$289/mo
House
2 Beds
1 Bath
1,641 ft²
$152/ft²
$249,999 Jan 24, 2024
-
$277/mo
Condo
2 Beds
3 Baths
1,728 ft²
$168/ft²
$290,000 Apr 17, 2024
-
$711/mo
In Contract
Multifamily
5 Beds
2 Baths
3,128 ft²
$96/ft²
$300,000 Mar 22, 2024
-
$291/mo

About New London


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Frequently Asked Questions

When was property at 371 Ocean Avenue built and last sold?
The property at 371 Ocean Avenue was built in 1787 and last sold on Jan 1, 1970 for $127,000.
How much is this home worth?
The estimated value of the home located at 371 Ocean Avenue is $297,814.
What are some comparable homes to 371 Ocean Avenue?
Homes that are comparable to 371 Ocean Avenue include a multifamily property at 33 Lee Avenue, a house property at 90 School Street, 31 Farmington Avenue.

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