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994 Ocean Ave, New London, CT, 06320

$950,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Full Baths, 1 Partial
7,168 SqFt
$133/SqFt
House
Schools Nearby

Location

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994 Ocean Ave, New London$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDetached Garage, Paved, Off Street Parking
Garage3 spaces
Year Built1945
HeatingHot Water
CoolingCentral Air, Whole House Fan
BasementYes
ViewCity, Water
MLS #24004593
Lot Size1.63 Acres
StatusActive

About 994 Ocean Ave

This unique home is a mid-century modern masterpiece offering 4100 sq.ft. of single level living on 1.63 acres with seasonal waterviews! A short walk to beaches, this special home offers 6BDRS, 5 1/2baths, a large formal living room, a den with FP, full wet bar, sliders to the deck & stereo system with speakers throughout the house. Also, an expansive kitchen w/granite counters & highend appliances, large dining room,& MBR suite w/luxurious seamless glass shower- all perfect for entertaining and/or short-term rentals! Finished lower level boasts an in-law apt., pool room, sauna, wine cellar, & 13 zone heating system new in 2019. Central air, loads of storage, deck, 3 bay garage w/storage, tennis court, rolling lawn w/2 massive copper beach trees. The period architecture is accented by an impressive array of antiques & artwork. A special property with too many amenities to list! SELLER FINANCING AVAILABLE. Come and be part of the exciting New London lifestyle with great dining,boating, shopping, history, and the opportunities of the Coast Guard Academy, Connecticut College, Mitchell College, General Dynamics, Pfizer, etc AND half way between Boston & New York City and minutes from Mystic Ct. attractions.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1945
  • Living Area: 7,168 SqFt

Listing Office:

  • Office Name: Russ Real Estate
  • Office Phone: (860) 599-5997
  • Listing Agent: Randall Russ

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Oven/Range, Oven, Convection Oven, Microwave, Refrigerator, Freezer, Subzero, Ice Maker, Dishwasher, Washer, Dryer
  • Basement: Yes
  • Interior: Audio System, Auto Garage Door Opener, Cable - Pre-wired, Sauna, Security System

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City, Water
  • Exterior: Grill, Tennis Court, Deck, Gutters, Underground Sprinkler

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached Garage, Paved, Off Street Parking

Lot Features

Lot Information:

  • Lot: City Lot, Level, Landscaped, Views, Open Lot
  • Lot Size: 1.63 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Central Air, Whole House Fan

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $133/SqFt

Tax Information:

  • Annual Amount: $12,456
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in New London, CT.

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New London, CT

City

Med. Sold Price

$265K

Med. Price/SqFt

$167

# of Sold Homes

18

994 Ocean Ave vs New London

39 DAYS ON ROCKET

$950,000

+$685K More

$133/SqFt

-$35 Less

KEY TAKEAWAY

This property is $685K more than the Median Sold Price and $35/SqFt less than other homes in New London, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24004593

Listing Office:

  • Office Name: Russ Real Estate
  • Office Phone: (860) 599-5997
  • Listing Agent: Randall Russ

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 6:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2016Home Sold
$475,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,456$328,220
2020$12,535$328,230
2019$13,096$328,230
2018$15,787$360,920
2017$15,974$360,920

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1476794
2
/10

  • Nathan Hale Magnet Elementary School For The Perfo

  • 432 Montauk Ave

  • 1.31 miles

  • Public Magnet Grades PK-5

school-card-donut-1476795
8
/10

  • Great Neck Elementary School

  • 165 Great Neck Rd

  • 1.86 miles

  • Public District Grades PK-5

school-card-donut-1476796
2
/10

  • Jennings School

  • 50 Mercer St

  • 2.83 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,611. Typical income of New London, CT residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 994 Ocean Ave

What is the listing price of this property?

The listing price of 994 Ocean Ave property is $950,000.

What type of property is this?

The property 994 Ocean Ave is a house located in New London, Connecticut, 06320.

Is this property for sale now?

Active Listing: 994 Ocean Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,456 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 17, 2016 for $475,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 994 Ocean Ave has 6 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 994 Ocean Ave is 7,168 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 994 Ocean Ave is 1945.

Rocket Homes›Connecticut›New London County›New London›06320›994 Ocean Ave

This home is located at 994 Ocean Ave in New London, CT and zip code 06320. This 7,168 square foot home, which was built in 1945, sits on a 1.63 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $950,000.

While more than 10 listings in New London, CT in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in New London, CT between February 2024 and March 2024 increased by 3.6%.

From Rocket Homes Real Estate and based on county public records data.

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