470 BANK ST
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Location
470 BANK ST
City, State, Zip
NEW LONDON, CT 06320
Mblu
F14/ 109/ 25/ /
Acct#
4313
Owner
470 BANK STREET LLC
Total Market Value
$1,294,100
Appraisal
$1,848,600
PID
4313
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$1,467,900$380,700$1,848,600
Assessment
Valuation YearImprovementsLandTotal
2024$1,027,600$266,500$1,294,100

Owner of Record
Owner470 BANK STREET LLC
Co-Owner
Address1077 BRIDGEPORT AVE
SHELTON, CT 06484
Sale Price$0
Certificate
Book & Page 0944/0158
Sale Date07/11/1995
Instrument29

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
470 BANK STREET LLC$0 0944/01582907/11/1995
470 BANK STREET LLC$575,000 0943/01070306/28/1995
GIEGERICH LESTER R$575,000 0943/01031406/28/1995
RI HILLCROFT INC$0 0863/00412901/21/1993
FLEET NATIONAL BANK$0 0862/01371401/13/1993

Building Information
Building 1 : Section 1
Year Built: 1988
Living Area: 20,566
Replacement Cost: $2,679,041
Building Percent Good: 51
Replacement Cost
Less Depreciation:
$1,366,300
Building Attributes
FieldDescription
Style:Profess. Bldg
ModelCommercial
GradeAverage
Stories:2
Occupancy7.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UsePROF BLDG
Total Rooms 
Total Bedrms00
Total Baths0
Conv Type 
1st Floor Use:3400
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 11,237 11,237
BASFirst Floor 9,329 9,329
FOPPorch, Open, Finished 468 0
UCPCarport, Unfinished 2,376 0
   23,410 20,566

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1Elevator, Pass1.00 UNITS$50,4001
ELS1Pass Stops2.00 UNITS$4,7001

Land
Land Use
Use Code3420
DescriptionPROF BLDG  
ZoneC-1
NeighborhoodBNK1
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1
Frontage0
Depth0
Total Market Land$266,500
Appraised Value$380,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  30000.00 S.F.$45,0001
LT1LIGHTS-IN W/PL  4.00 UNITS$1,5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,467,900$380,700$1,848,600
2024$1,467,900$380,700$1,848,600
2023$1,467,900$380,700$1,848,600

Assessment
Valuation YearImprovementsLandTotal
2025$1,027,600$266,500$1,294,100
2024$1,027,600$266,500$1,294,100
2023$1,027,600$266,500$1,294,100

Regarding Parcel: Mblu : F14/ 109/ 25/ / Location : 470 BANK ST

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