Holy cash cow! This recently renovated two-family home in the heart of Waterford presents the perfect owner occupied opportunity, live in one unit and rent out the other! This home offers a 3 bed, 1.5 bath unit on the first floor and a 2 bed, 1 bath unit on the second floor. Both units come equipped with elegant kitchens and baths boasting tiled showers, granite countertops, and stainless steel appliances. The private covered deck offers a serene and quiet escape but could also be the perfect place for entertaining. The outdoor shed offers plenty of extra storage space for your tools and lawn care equipment! Check out those pics and schedule your private showing today! There's no better time to secure an investment property on the shoreline!
Sold for $429,000
$429,000
40 Clark Lane, Waterford, CT 06385
5beds
2,430sqft
Multi Family
Built in 1930
-- sqft lot
$519,300 Zestimate®
$177/sqft
$2,010 Estimated rent
Home value
$519,300
$493,000 - $550,000
$2,010/mo
Zestimate® history
Owner options
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$2,010/mo
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$2,902/mo
Est. payment
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$2,902/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Next Level Team of RE/MAX One,
Jarrad Horsley 860-300-0146,
RE/MAX One 860-444-7362
Bought with:
Alan Spotlow, RES.0819730
William Raveis Real Estate
Source: Smart MLS,MLS#: 24019447
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Hot Water, Oil
Cooling
- None
Appliances
- Included: Water Heater
- Laundry: In Basement
Features
- Smart Thermostat
- Windows: Thermopane Windows
- Basement: Full,Heated,Hatchway Access,Partially Finished
- Attic: None
- Number of fireplaces: 1
Interior area
- Total structure area: 2,430
- Total interior livable area: 2,430 sqft
- Finished area above ground: 1,674
- Finished area below ground: 756
Property
Parking
- Total spaces: 6
- Parking features: None, Off Street, Driveway, Private, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
Lot
- Size: 0.25 Acres
- Features: Level
Details
- Parcel number: 1589874
- Zoning: R-20
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows
Community & neighborhood
Community
- Community features: Basketball Court, Golf, Library, Medical Facilities, Park, Playground, Near Public Transport, Shopping/Mall
Location
- Region: Waterford
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2024 | Sold | $429,000+0.9%$177/sqft |
Source:  Smart MLS #24019447 Report a problem | ||
| 5/31/2024 | Listed for sale | $425,000+39.3%$175/sqft |
Source: Smart MLS #24019447 Report a problem | ||
| 2/22/2021 | Sold | $305,000-4.7%$126/sqft |
Source: Smart MLS #170360475 Report a problem | ||
| 12/17/2020 | Listed for sale | $319,900+99.9%$132/sqft |
Source: IMT Realty #170360475 Report a problem | ||
| 5/7/2015 | Sold | $160,000-5.8%$66/sqft |
Source: Smart MLS #E10019464 Report a problem | ||
| 2/2/2015 | Listed for sale | $169,900-5.6%$70/sqft |
Source: RE/MAX on the Bay #E10019464 Report a problem | ||
| 8/22/2010 | Listing removed | $179,900$74/sqft |
Source: RE/MAX HOME TEAM #E241493 Report a problem | ||
| 8/7/2010 | Listed for sale | $179,900$74/sqft |
Source: RE/MAX HOME TEAM #E241493 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,912 +6.4% | $253,100 +1.5% |
| 2024 | $5,559 +5.2% | $249,270 |
| 2023 | $5,285 +16.6% | $249,270 +51.6% |
| 2022 | $4,533 -0.3% | $164,480 |
| 2021 | $4,546 +31.1% | $164,480 +32.2% |
| 2020 | $3,468 -0.4% | $124,430 |
| 2019 | $3,482 +2.1% | $124,430 |
| 2018 | $3,412 -0.6% | $124,430 -2.1% |
| 2017 | $3,434 +5% | $127,050 +0.4% |
| 2015 | $3,270 +4.1% | $126,600 |
| 2014 | $3,140 +5.2% | $126,600 -16.1% |
| 2012 | $2,984 +5.2% | $150,960 |
| 2011 | $2,837 +4.2% | $150,960 |
| 2010 | $2,723 +7% | $150,960 |
| 2009 | $2,545 +49% | -- |
| 2008 | $1,708 -20% | $101,300 |
| 2007 | $2,134 +5.9% | $101,300 |
| 2006 | $2,015 +5.6% | $101,300 |
| 2005 | $1,908 +10.9% | $101,300 |
| 2003 | $1,720 +24.5% | $101,300 +24% |
| 2001 | $1,381 +13.2% | $81,700 0% |
| 1997 | $1,220 | $81,740 |
Find assessor info on the county website
Neighborhood: 06385
Nearby schools
GreatSchools rating
- 8/10Great Neck Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 6/10Clark Lane Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Waterford High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Great Neck
- Middle: Clark Lane
- High: Waterford
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Connecticut
- New London County
- Waterford
- 06385
- 40 Clark Lane
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