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245 New London Rd

Colchester, CT 06415

5 bd 3 ba 1,750 sqft Built 1988 Lot 415,998 sqft single_family
Most recent sale
$505,000
Apr 10, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2024 Sold $505,000 SMARTMLS
Jan 24, 2024 Listed $499,900 SMARTMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $285,400 $49,900 $335,300 $10,032
2023 $191,400 $49,900 $241,300 $6,568
2022 $194,500 $49,900 $244,400 $6,618
2021 $141,800 $45,500 $187,300 $6,151
2020 $141,800 $45,500 $187,300 $6,151
2019 $141,800 $45,500 $187,300 $6,151
2018 $141,800 $45,500 $187,300 $6,046
2017 $141,800 $45,500 $187,300 $6,063
2016 $131,600 $56,300 $187,900 $5,808
2015 $131,600 $56,300 $187,900 $5,780
2013 $131,600 $56,300 $187,900 $5,690
2006 $109,300 $34,700 $144,000 $4,676
2005 $109,300 $34,700 $144,000 $4,572
2003 $109,300 $34,700 $144,000 $4,370

Property facts

Year built
1988
Property type
single_family
Stories
Beds
5
Baths
3
Living area
1,750 sqft
Lot size
415,998 sqft
ZIP code
06415
City
Colchester
Street
New London Rd
Coordinates
41.55277, -72.30995

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,625
Gross rental yield
6.24%
Implied cap rate
4.05%
Trend-extrapolated value

Frequently asked questions

When did 245 New London Rd last sell?
245 New London Rd most recently sold on Apr 10, 2024 for $505,000.
What is the current tax assessment for 245 New London Rd?
The most recent total assessment for 245 New London Rd (year 2025) is $335,300 with $10,032 in property tax.
How does 245 New London Rd's assessment compare to its last sale price?
The current assessment is 33.6% below the last sale price of $505,000.
When was 245 New London Rd built?
245 New London Rd was built in 1988.
How does 245 New London Rd compare to others on New London Rd?
We track 8 other properties on New London Rd. Browse the list under "Other properties on New London Rd" to compare beds, baths, and sale history.
What are the property facts for 245 New London Rd?
245 New London Rd is a 5 bed, 3 bath, 1,750 sqft, 415,998 sqft lot single_family.
Is 245 New London Rd a flip candidate?
No — 245 New London Rd does not appear in our flips dataset.
Is 245 New London Rd a tax-appeal candidate?
No — 245 New London Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.0%
Implied 1-yr
+16.1%
2026 Q3
$555.4K
2026 Q4
$573.1K
ZIP 06415 — Median Price History + Forecast

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