400 Bank St
New London, CT 06320
2 bd 2 ba 1,564 sqft Built 2005 condos
Most recent sale
$290,000
Apr 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 18, 2022 | Sold | $290,000 | Public Record |
| Apr 14, 2022 | Sold | $290,000 | SMARTMLS |
| Feb 17, 2022 | Listed | $299,999 | MLS #170467878 |
| Sep 11, 2019 | Listed for rent | $1,700 | SMARTMLS |
| May 17, 2016 | Sold | $315,000 | Public Record |
| Mar 18, 2016 | Listing removed | $324,900 | CTMLS |
| Apr 22, 2014 | Price changed | $324,900 | MLS #E269310 |
| Aug 10, 2013 | Listed | $339,900 | MLS #E269310 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $200,600 | — | $200,600 | $5,655 |
| 2023 | $147,770 | — | $147,770 | $5,679 |
| 2022 | $147,770 | — | $147,770 | $5,683 |
| 2021 | $147,770 | — | $147,770 | $5,785 |
| 2020 | $147,770 | — | $147,770 | $5,821 |
| 2019 | $147,770 | — | $147,770 | $6,073 |
| 2018 | $162,820 | — | $162,820 | $7,350 |
| 2017 | $162,820 | — | $162,820 | $7,206 |
| 2016 | $162,820 | — | $162,820 | $6,811 |
| 2015 | $162,820 | — | $162,820 | $6,430 |
| 2013 | $219,870 | — | $219,870 | $6,046 |
| 2006 | $270,270 | — | $270,270 | $8,089 |
Property facts
Year built
2005
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,564 sqft
Lot size
—
ZIP code
06320
City
New London
Street
Bank St
Coordinates
41.35031, -72.09853
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,346
Gross rental yield
9.71%
Implied cap rate
6.31%
Trend-extrapolated value
—
Frequently asked questions
When did 400 Bank St last sell?
400 Bank St most recently sold on Apr 18, 2022 for $290,000.
What is the current tax assessment for 400 Bank St?
The most recent total assessment for 400 Bank St (year 2025) is $200,600 with $5,655 in property tax.
How does 400 Bank St's assessment compare to its last sale price?
The current assessment is 30.8% below the last sale price of $290,000.
When was 400 Bank St built?
400 Bank St was built in 2005.
How does 400 Bank St compare to others on Bank St?
We track 8 other properties on Bank St. Browse the list under "Other properties on Bank St" to compare beds, baths, and sale history.
What are the property facts for 400 Bank St?
400 Bank St is a 2 bed, 2 bath, 1,564 sqft condos.
Is 400 Bank St a flip candidate?
No — 400 Bank St does not appear in our flips dataset.
Is 400 Bank St a tax-appeal candidate?
No — 400 Bank St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.7%
Implied 1-yr
+14.6%
2026 Q3
$404.9K
2026 Q4
$416.9K
ZIP 06320 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Bank St