40 PEARL ST
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Location
40 PEARL ST
City, State, Zip
NEW LONDON, CT 06320
Mblu
G12/ 147/ 10/ /
Acct#
4565
Owner
40 PEARL ST NEW LONDON LLC
Total Market Value
$574,900
Appraisal
$821,300
PID
4565
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$581,300$240,000$821,300
Assessment
Valuation YearImprovementsLandTotal
2024$406,900$168,000$574,900

Owner of Record
Owner40 PEARL ST NEW LONDON LLC
Co-Owner
Address2 CORPORATE DR STE 760
SHELTON, CT 06484
Sale Price$1,100,000
Certificate
Book & Page 2662/30
Sale Date12/23/2025

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
40 PEARL ST NEW LONDON LLC$1,100,000 2662/3012/23/2025
40 PEARL LLC$360,000 1907/013011/23/2010
PEARL STREET REALTY LLC$350,000 1333/026403/19/2003
OCEAN PEARL LLC$317,500 1284/004007/22/2002
SIMS JAMES E+WILHELMENIA M$0 0459/009601/01/1700

Building Information
Building 1 : Section 1
Year Built: 1895
Living Area: 7,943
Replacement Cost: $1,236,873
Building Percent Good: 47
Replacement Cost
Less Depreciation:
$581,300
Building Attributes
FieldDescription
Style:Apartments Com
ModelCommercial
GradeAbove Ave
Stories:3
Occupancy12.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Vinyl Siding
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2Plastered
Interior Floor 1Vinyl/Asphalt
Interior Floor 2Pine/Soft Wood
Heating FuelOil
Heating TypeHot Water
AC TypeNone
Bldg UseAPT OVER 8 MDL-94
Total Rooms36
Total Bedrms12
Total Baths12
Conv Type 
1st Floor Use: 
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 4,074 4,074
BASFirst Floor 2,646 2,646
SFBSuperior Fin Bsmt 1,439 1,223
UBMBasement, Unfinished 1,207 0
   9,366 7,943

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code112C
DescriptionAPT OVER 8 MDL-94  
ZoneCBD-2
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Buildable Lot)12.0000
Frontage0
Depth0
Total Market Land$168,000
Appraised Value$240,000

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$463,800$240,000$703,800
2024$463,800$240,000$703,800
2023$463,800$240,000$703,800

Assessment
Valuation YearImprovementsLandTotal
2025$324,700$168,000$492,700
2024$324,700$168,000$492,700
2023$324,700$168,000$492,700

Regarding Parcel: Mblu : G12/ 147/ 10/ / Location : 40 PEARL ST

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