Sold for $495,000

$495,000

16 Tilley Street, New London, CT 06320

5beds

3,110sqft

Multi Family

Built in 1870

-- sqft lot

$509,900 Zestimate^®

$159/sqft

$1,463 Estimated rent

Home value

$509,900

$469,000 - $551,000

$1,463/mo

Zestimate^® history

Owner options

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$1,463/mo

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$1,463/mo

Rent Zestimate^®

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$3,344/mo

Est. payment

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$3,344/mo

Est. payment

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What's special

Come and check out this beautiful 3 family home in downtown New London. The spacious units are well laid out with hardwood floors throughout. This property is within walking distance to many restaurants, shops and bars by the waterfront. It also has water views from the second and third floor. There have been many recent updates including plumbing, roof repairs and painting. The second floor is ready for a new owner occupant. The seller desires an as is sale.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Hot Water, Electric, Oil

Cooling

None

Appliances

Included: Water Heater

Features

Basement: Partial
Attic: Access Via Hatch
Number of fireplaces: 1

Interior area

Total structure area: 3,110
Total interior livable area: 3,110 sqft
Finished area above ground: 3,110

Property

Parking

Parking features: None

Features

Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 4,791 sqft

Details

Parcel number: 1999999
Zoning: R-3

Construction

Type & style

Home type: MultiFamily
Architectural style: 3updown - Unit(s) per Floor
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Clapboard
Foundation: Concrete Perimeter
Roof: Asphalt,Gable

Condition

New construction: No
Year built: 1870

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: New London

Price history

Date	Event	Price
11/21/2025	Sold	$495,000+20.4%$159/sqft
Source: Smart MLS #24129266 Report a problem
3/11/2024	Sold	$411,000+82.7%$132/sqft
Source: Smart MLS #170620501 Report a problem
4/12/2021	Sold	$225,000+29900%$72/sqft
Source: Smart MLS #170340154 Report a problem
12/15/2019	Sold	$750-14.3%
Source: Agent Provided Report a problem
9/25/2018	Sold	$875+12.9%
Source: Agent Provided Report a problem
5/28/2018	Sold	$775-99.6%
Source: Agent Provided Report a problem
7/30/2013	Sold	$200,000$64/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,886 -1.1%	$208,800
2024	$5,951 +28.6%	$208,800 +73.4%
2023	$4,627 -0.1%	$120,400
2022	$4,631 -1.8%	$120,400
2021	$4,714 -0.6%	$120,400
2020	$4,743 -4.1%	$120,400
2019	$4,948 +20.2%	$120,400 +32%
2018	$4,117 +2%	$91,210
2017	$4,037 +5.8%	$91,210
2016	$3,815 +5.9%	$91,210
2015	$3,602 +15.2%	$91,210
2014	$3,126 -22.3%	$91,210 -37.7%
2013	$4,025 +8.6%	$146,370
2012	$3,705	$146,370
2011	$3,705	$146,370
2010	$3,705 -0.7%	$146,370
2009	$3,731 -5.4%	$146,370 +14.6%
2008	$3,944 +1.4%	$127,680
2007	$3,888 +1.8%	$127,680
2006	$3,821 +4.6%	$127,680
2005	$3,653 +7.3%	$127,680
2004	$3,403 -26.8%	$127,680 -2.8%
2003	$4,651 +62.4%	$131,390 +51.4%
2001	$2,864	$86,800