15 Terrace Ave
New London, CT 06320
5 bd 2 ba 1,632 sqft Built 1900 Lot 2,614 sqft single_family
Most recent sale
$207,000
Jan 31, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 18, 2025 | Listed | $279,000 | SMARTMLS |
| Jan 31, 2023 | Sold | $207,000 | SMARTMLS |
| Apr 18, 2020 | Listing removed | — | SMARTMLS |
| Mar 30, 2020 | Price changed (rent) | $1,675 | SMARTMLS |
| Mar 11, 2020 | Price changed (rent) | $1,750 | SMARTMLS |
| Mar 2, 2020 | Listed for rent | $1,850 | SMARTMLS |
| Dec 28, 2019 | Listing removed | — | SMARTMLS |
| Dec 26, 2019 | Sold | $160,000 | Public Record |
| Nov 14, 2019 | Price changed | $169,900 | SMARTMLS |
| Oct 25, 2019 | Listed | $179,900 | SMARTMLS |
| Jul 10, 2008 | Sold | $86,000 | Public Record |
| Jul 6, 2005 | Sold | $125,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $135,700 | $45,500 | $181,200 | $4,929 |
| 2023 | $99,750 | $29,820 | $129,570 | $4,825 |
| 2022 | $99,750 | $29,820 | $129,570 | $4,834 |
| 2021 | $99,750 | $29,820 | $129,570 | $4,917 |
| 2020 | $77,560 | $29,820 | $107,380 | $4,101 |
| 2019 | $68,180 | $29,820 | $98,000 | $3,910 |
| 2018 | $66,010 | $35,210 | $101,220 | $4,427 |
| 2017 | $66,010 | $35,210 | $101,220 | $4,480 |
| 2016 | $66,010 | $35,210 | $101,220 | $4,095 |
| 2015 | $66,010 | $35,210 | $101,220 | $3,997 |
| 2013 | $83,790 | $44,030 | $127,820 | $3,515 |
| 2005 | $72,310 | $29,820 | $102,130 | $2,922 |
| 2003 | $66,850 | $19,950 | $86,800 | $3,073 |
Property facts
Year built
1900
Property type
single_family
Stories
—
Beds
5
Baths
2
Living area
1,632 sqft
Lot size
2,614 sqft
ZIP code
06320
City
New London
Street
Terrace Ave
Coordinates
41.36547, -72.09996
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,448
Gross rental yield
14.19%
Implied cap rate
9.22%
Trend-extrapolated value
—
Frequently asked questions
When did 15 Terrace Ave last sell?
15 Terrace Ave most recently sold on Jan 31, 2023 for $207,000.
What is the current tax assessment for 15 Terrace Ave?
The most recent total assessment for 15 Terrace Ave (year 2025) is $181,200 with $4,929 in property tax.
How does 15 Terrace Ave's assessment compare to its last sale price?
The current assessment is 12.5% below the last sale price of $207,000.
When was 15 Terrace Ave built?
15 Terrace Ave was built in 1900.
How does 15 Terrace Ave compare to others on Terrace Ave?
We track 7 other properties on Terrace Ave. Browse the list under "Other properties on Terrace Ave" to compare beds, baths, and sale history.
What are the property facts for 15 Terrace Ave?
15 Terrace Ave is a 5 bed, 2 bath, 1,632 sqft, 2,614 sqft lot single_family.
Is 15 Terrace Ave a flip candidate?
No — 15 Terrace Ave does not appear in our flips dataset.
Is 15 Terrace Ave a tax-appeal candidate?
No — 15 Terrace Ave 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 Terrace Ave