Off market

Zestimate^®

$358,700

1059 Ocean Avenue, New London, CT 06320

2beds

900sqft

Single Family Residence

Built in 1954

7,840 Square Feet Lot

$358,700 Zestimate^®

$399/sqft

$2,078 Estimated rent

Home value

$358,700

$337,000 - $380,000

$2,078/mo

Zestimate^® history

Owner options

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$2,078/mo

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$2,078/mo

Rent Zestimate^®

Refinance and save

$2,454/mo

Est. payment

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$2,454/mo

Est. payment

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What's special

Retirement home

This ranch is located in the SoHo / 6th district of New London. Easy walk to the ocean and stroll the New England coast! Sits on a corner lot, facing the movement of Ocean Ave, on way to Ocean Beach and up the hill from Light House Inn! The 1950 ranch is looking for some newness to make it a great starter home, retirement home or just want to get some equity on renovating to make it great! This could be an easy fix for the right buyer! Bring your ideas and make this a great place to call home! Easy access to local transportation in the hub of New London. This home is being sold AS IS. Will not pass government finance. Looking for conventional, rehab loan or cash!

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom

Features: Hardwood Floor
Level: Main

Bedroom

Features: Hardwood Floor
Level: Main

Bathroom

Features: Tub w/Shower, Tile Floor
Level: Main

Dining room

Features: Hardwood Floor
Level: Main

Kitchen

Features: Vinyl Floor
Level: Main

Living room

Features: Hardwood Floor
Level: Main

Heating

Baseboard, Oil

Cooling

None

Appliances

Included: Electric Range, Washer, Dryer, Water Heater
Laundry: Lower Level

Features

Basement: Full
Attic: Access Via Hatch
Has fireplace: No

Interior area

Total structure area: 900
Total interior livable area: 900 sqft
Finished area above ground: 900
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Driveway, On Street, Paved
Has uncovered spaces: Yes

Features

Exterior features: Rain Gutters
Waterfront features: Water Community, Walk to Water

Lot

Size: 7,840 Square Feet
Features: Corner Lot, Level

Details

Parcel number: 1995692
Zoning: R-1

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Aluminum Siding
Foundation: Concrete Perimeter
Roof: Asphalt

Condition

New construction: No
Year built: 1954

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Basketball Court, Medical Facilities, Park, Near Public Transport, Tennis Court(s)
Subdivision: Ocean Beach

HOA

Has HOA: No

Location

Region: New London

Financial & listing details

Price per square foot: $399/sqft
Tax assessed value: $110,530
Annual tax amount: $4,116
Date on market: 8/5/2023

Price history

Date	Event	Price
8/3/2023	Sold	$280,000+40.7%$311/sqft
Source: Smart MLS #170579624 Report a problem
7/10/2023	Pending sale	$199,000$221/sqft
Source: Smart MLS #170579624 Report a problem
6/30/2023	Listed for sale	$199,000+65.8%$221/sqft
Source: Smart MLS #170579624 Report a problem
3/31/1988	Sold	$120,000$133/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,692 -1.1%	$172,500
2024	$4,744 +15.3%	$172,500 +56.1%
2023	$4,116 -0.2%	$110,530
2022	$4,124 -1.7%	$110,530
2021	$4,195 -0.6%	$110,530
2020	$4,221 -4.3%	$110,530
2019	$4,410 +1%	$110,530 +10.7%
2018	$4,366 -1.2%	$99,820
2017	$4,418 +9.4%	$99,820
2016	$4,039 +2.5%	$99,820
2015	$3,942 +15.2%	$99,820
2014	$3,421 -8.3%	$99,820 -26.4%
2013	$3,731 +8.6%	$135,660
2012	$3,434	$135,660
2011	$3,434	$135,660
2010	$3,434 -0.7%	$135,660
2009	$3,458 -10.3%	$135,660 +8.7%
2008	$3,855 +1.4%	$124,810
2007	$3,800 +1.7%	$124,810
2006	$3,736 +4.6%	$124,810
2005	$3,571 +3.1%	$124,810
2004	$3,463 +61.2%	$124,810 +105.7%
2003	$2,148 +6.8%	$60,690 -0.5%
2001	$2,012	$60,970