tomo logo

$425,000

Beds
5
Baths
2.5
sq ft
2,175

35 Neptune Ave, New London, CT 06320

35 Neptune Ave

New London, CT 06320

  • 115 days on market
    • Price drop $34,900↓
If you don't know Neptune Park Beach you should. A beautiful beach at the southern tip of New London it is a well kept secret. Multiple entrances lead you to a sandy beach and a rocky shoreline. This beautiful front porch Colonial is only a block away from the beach and just a stroll over to Ocean Beach Park for the best of both worlds. A very reasonable annual fee gives access to the beach and you can with Harbor Master permission moor your boat off shore. The home features 4 bedrooms but bonus rooms gives the ability of up to 6 sleeping quarters with bathrooms on each floor. A stone fireplace accentuates the living room and the south facing front porch will see the sun all day! Lots of wood floors and lots of updates but none that spoil its classic charm. Its location and amenities lends to its ability to be a profitable air bnb (association rules apply).It can make a beautiful year round home or a seasonal retreat. New London offers fabulous restaurants and a ferry connecting to Long Island but without the Long Island prices. The home needs a new central heating system and lender approval but you can be in before next Christmas. New roof! Do a drive by and you will love the neighborhood and the home!

Details

Property type

Single Family Residence

Est. home value

$422,195

Lot size

4,356 sq ft

Price per sq ft

$196

Year built

1910

Annual property taxes

$7,857

Monthly HOA fee

$37.92

Price History

09/26/2024
SmartMLS

SmartMLS #24035787

Price change
$425,000
-7.59%
09/16/2024
SmartMLS

SmartMLS #24035787

Price change
$459,900
-3.18%
08/23/2024
SmartMLS

SmartMLS #24035787

Listed
$475,000

Schools & Community

Elementary school: 

Per Board of Ed

Middle school: 

Unknown

High school: 

New London

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Webster Bank

Loan start date

September 2006

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.36%

Loan type

Not Provided, 25 year

Seller

Gloria Woerheide

Lender

Webster Bank

Loan start date

September 2006

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.36%

Loan type

Not Provided, 25 year

Seller

Gloria Woerheide

Lender

Countrywide Home Loan

Loan start date

September 2005

Original loan amount

$299,000

Est. remaining balance

Not provided

Interest rate

5.4%

Loan type

Not Provided, 30 year

Seller

Gloria Woerheide

Lender

Countrywide Home Loan

Loan start date

September 2005

Original loan amount

$299,000

Est. remaining balance

Not provided

Interest rate

5.4%

Loan type

Not Provided, 30 year

Seller

Gloria Woerheide

Lender

Countrywide Home Loan

Loan start date

April 2005

Original loan amount

$262,400

Est. remaining balance

Not provided

Interest rate

5.17%

Loan type

Not Provided, 30 year

Seller

Gloria Woerheide

Lender

Countrywide Home Loan

Loan start date

April 2005

Original loan amount

$262,400

Est. remaining balance

Not provided

Interest rate

5.17%

Loan type

Not Provided, 30 year

Seller

Gloria Woerheide

Lender

Chase Manhattan Mtg

Loan start date

September 1996

Original loan amount

$97,850

Est. remaining balance

Not provided

Interest rate

8.23%

Loan type

Not Provided, 30 year

Seller

Gloria Woerheide

Lender

Chase Manhattan Mtg

Loan start date

September 1996

Original loan amount

$97,850

Est. remaining balance

Not provided

Interest rate

8.23%

Loan type

Not Provided, 30 year

Seller

Gloria Woerheide

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 2:30 PM

Listing updated: 09/25/2024 at 9:42 PM

Listed by: Leo Chomen, Signature Properties of NewEng

MLS: SmartMLS #24035787

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