See Home Value
New London 06320
393 Ocean Avenue
$210,000
House - Off Market

393 Ocean Avenue

New London, Connecticut 06320
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
1490 Sqft
$210,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

INVESTORS TAKE NOTICE Make this property your own! One Mile from Ocean Beach and directly across the street from Yale Lawrence Memorial Hospital. Zoned R-1A zone Residential with nonconforming Commercial use approval, was being used as a Professional office for a medial doctor. First floor bedroom with half bath, additional half bath on the main level that is handicap accessible. First floor has a living room with fireplace, a reception area which would be the ideal place for the kitchen to be installed (currently there is no kitchen) with an open concept to the living room. plus 2 additional rooms on the main level that with a little creativity may become your office or dining room or even a 4th bedroom. Second level offers 2 bedrooms, additional room plus a full bath. This homes proximity to Yale Hospital and to Ocean Beach would make an excellent Air BnB. FHA 203K or Conventional Renovation loan is ideal to complete your plan. Has a fully paved rear parking for 30 cars, fenced and private. This is also a great opportunity for the VA renovation loan program to have a new Kitchen and updates! being sold As Is
Unit Size
1,490Ft²
Days on Market
195 days
Land Size
0.21 acres
Price per sqft
$141
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1945
Last updated: 6 months ago (Smart MLS #170567200)

Price History

Date / Event Date Event Price
Nov 16, 2023 Sold to Christopher Sherman, Misha ... $210,000
Sold to Christopher Sherman, Misha ...
Oct 3, 2023 In contract -
In contract
Sep 21, 2023 Price Decreased $230,000
↓ $49K (17.6%)
Price Decreased
Aug 3, 2023 Price Decreased $279,000
↓ $20K (6.7%)
Price Decreased
Jun 9, 2023 Price Decreased $299,000
↓ $21K (6.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Historical
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,937
  • Total Building Area: 1,490
  • Gross Building Area: 2,421
  • Building Area: 1,490
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,490
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.205
  • Standard Land Use Code: Commercial building

Ownership

  • Current Owner : SHERMAN CHRISTOPHER
  • Current Owner 2: SHERMAN MISHA L
  • Previous Owner : GAUTAM VIBHA G
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 25, 2024

Neighborhood

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

Geography

  • Account Number: E19 0073 0017
  • Parcel: NLON M:E19 B:0073 L:0017
  • Block: 73
  • Lot: 17
  • Municipality: NEW LONDON
  • Latitude: 41.3358
  • Longitude: -72.1062

    Address

  • Full Address: 393 Ocean Ave
  • Address - House Number: 393
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: CT
  • City Name: New London
  • Carrier Code: C005
  • 4-Digit Zip Code: 4717
  • Zip Code: 06320

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,763

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,890
  • Assessed Land Value: $51,030
  • Assessed Improvements Value: $76,860

    Sales

  • Current Sale Contract Date: Nov 01, 2023
  • Current Sale Recording Date: Nov 16, 2023
  • Current Sale Transaction ID: 11916332818
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023005376



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,175 ft²
$187/ft²
$220,000 Jul 6, 2023
$220,000 Aug 18, 2023
$290/mo
House
3 Beds
1 Bath
2,533 ft²
$75/ft²
$191,000 Aug 21, 2023
$191,000 Sep 22, 2023
$316/mo
House
4 Beds
1 Bath
1,152 ft²
$216/ft²
$249,000 Aug 4, 2023
$249,000 Sep 29, 2023
$225/mo
House
2 Beds
1 Bath
1,006 ft²
$251/ft²
$252,000 Jun 21, 2023
$252,000 Sep 22, 2023
$283/mo
House
5 Beds
2 Baths
1,788 ft²
$140/ft²
$249,849 Mar 20, 2023
$249,849 May 15, 2023
$345/mo
Multifamily
Stu
-
1,222 ft²
$160/ft²
$195,000 Jul 28, 2023
$195,000 Aug 25, 2023
$296/mo
House
3 Beds
1 Bath
1,036 ft²
$169/ft²
$175,000 Aug 17, 2023
-
$271/mo
House
3 Beds
2 Baths
1,944 ft²
$92/ft²
$179,000 Aug 18, 2023
-
$376/mo
House
3 Beds
2 Baths
1,944 ft²
$93/ft²
$179,900 Sep 18, 2023
-
$376/mo
House
3 Beds
2 Baths
1,944 ft²
$93/ft²
$179,900 Nov 6, 2023
-
$376/mo
House
2 Beds
1 Bath
1,268 ft²
$150/ft²
$189,900 Sep 1, 2023
-
$199/mo
House
4 Beds
1 Bath
1,805 ft²
$125/ft²
$224,900 Jul 3, 2023
-
$368/mo

About New London


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Nearby Rentals

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Frequently Asked Questions

When was property at 393 Ocean Avenue built and last sold?
The property at 393 Ocean Avenue was built in 1945 and last sold on Nov 1, 2023 for $210,000.
How much is this home worth?
The estimated value of the home located at 393 Ocean Avenue is $282,297.
What are some comparable homes to 393 Ocean Avenue?
Homes that are comparable to 393 Ocean Avenue include a house property at 188 Shaw Street, 180 Ocean Avenue, 9 Magnolia Court.

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