535 Pequot Avenue

535 Pequot Avenue has been categorized by the local assessors in New London, CT as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 535 Pequot Avenue has 2,965 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 19,090 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. The property was last sold in Jan 1, 1970 for $350,000. That's $118.04 per sqft. 535 Pequot Avenue was last assessed in 2023. The total value of the property was assessed at $317,450. Specifically, the land the property is located on was valued at $167,580. While improvements on the property were assessed at a total of $149,870. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,822. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.