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25 Penny Ln

New London, CT 06320

3 bd 3 ba 1,884 sqft Built 1986 Lot 8,712 sqft single_family
Most recent sale
$305,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $305,000 Public Record
Aug 23, 2022 Sold $305,000 SMARTMLS
Jul 12, 2022 Listed $295,000 MLS #170507677

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $134,100 $89,000 $223,100 $6,068
2023 $61,810 $66,010 $127,820 $4,760
2022 $61,810 $66,010 $127,820 $4,769
2021 $61,810 $66,010 $127,820 $4,851
2020 $61,810 $66,010 $127,820 $4,881
2019 $61,810 $66,010 $127,820 $5,100
2018 $69,300 $58,240 $127,540 $5,579
2017 $69,300 $58,240 $127,540 $5,645
2016 $69,300 $58,240 $127,540 $5,160
2015 $69,300 $58,240 $127,540 $5,037
2013 $87,360 $79,240 $166,600 $4,582
2006 $82,600 $67,130 $149,730 $4,481
2005 $82,600 $67,130 $149,730 $4,284
2003 $87,500 $21,910 $109,410 $3,873

Property facts

Year built
1986
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,884 sqft
Lot size
8,712 sqft
ZIP code
06320
City
New London
Street
Penny Ln
Coordinates
41.32302, -72.09772

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,826
Gross rental yield
11.12%
Implied cap rate
7.23%
Trend-extrapolated value

Frequently asked questions

When did 25 Penny Ln last sell?
25 Penny Ln most recently sold on Aug 25, 2022 for $305,000.
What is the current tax assessment for 25 Penny Ln?
The most recent total assessment for 25 Penny Ln (year 2025) is $223,100 with $6,068 in property tax.
How does 25 Penny Ln's assessment compare to its last sale price?
The current assessment is 26.9% below the last sale price of $305,000.
When was 25 Penny Ln built?
25 Penny Ln was built in 1986.
How does 25 Penny Ln compare to others on Penny Ln?
We track 4 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 25 Penny Ln?
25 Penny Ln is a 3 bed, 3 bath, 1,884 sqft, 8,712 sqft lot single_family.
Is 25 Penny Ln a flip candidate?
No — 25 Penny Ln does not appear in our flips dataset.
Is 25 Penny Ln a tax-appeal candidate?
No — 25 Penny Ln 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
+3.7%
Implied 1-yr
+14.6%
2026 Q3
$404.9K
2026 Q4
$416.9K
ZIP 06320 — Median Price History + Forecast

Explore nearby