Here's the perfect opportunity to take over a renovation project that's well on its way with demolition done, a new roof was installed along with some new windows and most of the rough framing has been completed. The structures (house and detached Garage) are being offered for just $8.62/sf which is mind-blowingly cheap since the land with site improvements is easily worth $100,000 alone. The seasonal sound of the nearby dam waterfall makes this location very special given that the property is outside the nearby flood zone. Being situated next to Pachaug Pond (CT's 2nd largest lake) provides plenty of recreational activities. *** 3D/VR Tour Available 24/7 *** This opportunity is only available due to the tragic loss of the property Owner. This was a pre-existing non-conforming 2 family home so it could continue as a 2 family home OR the conversion to a large single family home could be completed. The large single family home conversion had a professional appraised improved value of $400,000! The sale is "As-Is" and subject to probate approval.
Single-familyProperty Type
1872Year Built
0.54 acresLot Size
$133Est. Price/Sq.Ft.
4 car garageParking
Listed by Gregory Hanner• Garden Realty
Bought with Mary Laroux• Performance Realty Group
Source:Smart MLS #170187048
Redfin Estimate
$598,927
$527K since sold in March 2020$50K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 35.6% higher than the average sale price ($442K) of 6 comparable homes.
Here is a great opportunity to renovate a massive 3,100sq.ft. 2 Unit Multi Family sitting on .54 acres. Each unit over 1,500 sq.ft. with a additional unfinished 1/2 story. Property is in need of a overhaul but has a lot of potential.
Year
Property tax
Land + Additions
Assessment*
2023
$6,191
$44,030 + $202,930
$246,960
2022
$6,191 (+2.1%)
$44,030 + $202,930
$246,960
2021
$6,065 (+61.0%)
$35,210 + $174,370
$209,580
2020
$3,768 (+1.7%)
$35,210 + $94,290
$129,500
2019
$3,704 (+33.9%)
$35,210 + $94,290
$129,500
2018
$2,766 (+1.2%)
$35,210 + $63,770
$98,980
2017
$2,733 (+12.9%)
$35,210 + $63,770
$98,980
2016
$2,421 (+5.5%)
$36,610 + $52,850
$89,460
2014
$2,295 (+0.2%)
$36,610 + $51,380
$87,990
2011
$2,290
$36,610 + $51,380
$87,990
Tax history for 1872 Glasgo Rd
Year
Property tax
Land + Additions
Assessment*
2023
$6,191
$44,030 + $202,930
$246,960
2022
$6,191 (+2.1%)
$44,030 + $202,930
$246,960
2021
$6,065 (+61.0%)
$35,210 + $174,370
$209,580
2020
$3,768 (+1.7%)
$35,210 + $94,290
$129,500
2019
$3,704 (+33.9%)
$35,210 + $94,290
$129,500
2018
$2,766 (+1.2%)
$35,210 + $63,770
$98,980
2017
$2,733 (+12.9%)
$35,210 + $63,770
$98,980
2016
$2,421 (+5.5%)
$36,610 + $52,850
$89,460
2014
$2,295 (+0.2%)
$36,610 + $51,380
$87,990
2011
$2,290
$36,610 + $51,380
$87,990
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
8
Baths
4.5
Stories
3
Lot width
—
Lot depth
—
Lot size
0.54 Acres
Year renovated
—
Sq. Ft.
4,148
Year built
1872
Style
Multi-Family (2-4 Unit)
County
New London County
APN
1480559
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
Property details
Parking
Garage Information
Garage & Parking: Tandem, Detached Garage, Off Street Parking