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8 Hillside Road

8 Hillside Road, New London, CT 06320
Property in New London
Sold Aug 20, 2021
$630,000
$440,000 by Freedom Mortgage Corp
Mortgage
8 Hillside Road 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 1928 and is 96 years old. The home has a total of 8 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8 Hillside Road has 2,478 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 19,480 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 slate. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8 Hillside Road was last sold in Aug 18, 2021 for $630,000. According to our calculations, that's $254.24 per sqft. Current property owners are expected to pay $10,969 in taxes per year. The property on 8 Hillside Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $294,560. To break that down further, the land itself was valued at $147,280. While improvements to the property were assessed at a total of $147,280. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,480
  • Total Building Area: 2,478
  • Gross Building Area: 5,572
  • Building Area: 2,478
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,478
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.447
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ARMITSTEAD ALICIA
  • Current Owner 2: ARMSTSTEAD CYNTHIA
  • Previous Owner : C WILLIAM SCHMIDT RET
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 27, 2023

Neighborhood

  • School District Name: New London School District
  • School Tax School District: NEW LONDON SD
  • Census Tract: 690900

Geography

  • Account Number: G26 0013 0003
  • Parcel: NLON M:G26 B:0013 L:0003
  • Block: 13
  • Lot: 3
  • Municipality: NEW LONDON
  • Latitude: 41.3153
  • Longitude: -72.0942

    Address

  • Full Address: 8 Hillside Rd
  • Address - House Number: 8
  • Address - Street Name: Hillside
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: New London
  • Carrier Code: C002
  • 4-Digit Zip Code: 2921
  • Zip Code: 06320

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,969

    Appraisal Valuation

  • Standard Deviation: 0.2375
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 66
  • Final Value: 612,484
  • High Value: 757,977
  • Low Value: 466,990

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 20, 2021
  • First Open Lien Mortgage Loan Amount: $440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,560
  • Assessed Land Value: $147,280
  • Assessed Improvements Value: $147,280

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Transaction ID: 11853770908
  • Current Sale Price: $630,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021002750

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 20, 2021
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 8 Hillside Road located in?
The 8 Hillside Road is a located in the neighborhood of New London in New London, New London.
What is the average sales price for listings in 8 Hillside Road?
The average sales price for units in 8 Hillside Road is $0 currently.

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