Take a 3D Tour or Enjoy a Video Walkthrough 24/7! Welcome to 518 Phillips Street in New London: this 2 Bedroom, 2 Bath Ranch offers 1,630 SF total (1,032 SF above grade plus 598 SF in the Finished Lower Level). Hardwood floors, a bright Living Room with a wood-burning fireplace, and an open pass-through to the Kitchen make the main level feel connected. The Kitchen features granite countertops, a tile floor, and ample cabinetry. Downstairs, the Finished Lower Level adds valuable flex space plus the second full Bath, ideal for guests, hobbies, or a home office setup. Enjoy off-street parking and a fenced yard, all on city water and city sewer. Comfort is covered with a new oil-fired HVAC system and Central Air. Commuters will appreciate quick access to I-95 east and west, I-395 north, and Route 85 to Route 11 and Route 2. Available on or after February 7. This home's location qualifies for a 0.25% discount on the mortgage rate from CHFA, and the 1st time Buyer requirement is waived for this property. NEXT STEPS: Schedule a private showing and request the full property info package today! *** NOTE: Multiple offers have been received and showings will be conducted through Sunday, and the Seller has requested that "Highest & Best" offers be submitted by 6 pm, Sunday, 1/18 ***
Sold for $306,000
$306,000
18 Phillips Street, New London, CT 06320
2beds
1,630sqft
Single Family Residence
Built in 1943
6,098.4 Square Feet Lot
$310,300 Zestimate®
$188/sqft
$2,527 Estimated rent
Home value
$310,300
$285,000 - $338,000
$2,527/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: February 27, 2026 at 12:09pm
Listed by:
Gregory E. Hanner (860)608-8659,
Garden Realty 860-608-8659
Bought with:
Kiki Sydnor, RES.0802743
Choice Realty
Source: Smart MLS,MLS#: 24148304
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), Hardwood Floor
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12 x 10
Bedroom
- Features: Ceiling Fan(s), Hardwood Floor
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 x 10
Bathroom
- Features: Tile Floor
- Level: Main
Bathroom
- Features: Stall Shower
- Level: Lower
Dining room
- Features: Hardwood Floor
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9 x 10
Kitchen
- Features: Remodeled, Granite Counters, Double-Sink, Laundry Hookup, Tile Floor
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14 x 10
Living room
- Features: Bay/Bow Window, Ceiling Fan(s), Fireplace, Hardwood Floor
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18 x 11
Rec play room
- Level: Lower
- Area: 504 Square Feet
- Dimensions: 24 x 21
Heating
- Forced Air, Oil
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Range, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Water Heater
- Laundry: Main Level
Features
- Wired for Data, Smart Thermostat
- Doors: Storm Door(s)
- Windows: Thermopane Windows
- Basement: Full,Hatchway Access,Interior Entry,Partially Finished,Concrete
- Attic: Pull Down Stairs
- Number of fireplaces: 1
Interior area
- Total structure area: 1,630
- Total interior livable area: 1,630 sqft
- Finished area above ground: 1,032
- Finished area below ground: 598
Property
Parking
- Total spaces: 2
- Parking features: Paved, Off Street, Driveway, Private
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Sidewalk, Awning(s), Rain Gutters
- Fencing: Partial,Chain Link
Lot
- Size: 6,098 sqft
- Features: Corner Lot, Rolling Slope
Details
- Additional structures: Shed(s)
- Parcel number: 2002644
- Zoning: R-3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat, Doors, Windows
Community & neighborhood
Location
- Region: New London
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Sold | $306,000+7.4%$188/sqft |
Source:  Smart MLS #24148304 Report a problem | ||
| 2/1/2026 | Pending sale | $285,000$175/sqft |
Source: Smart MLS #24148304 Report a problem | ||
| 1/11/2026 | Listed for sale | $285,000+21.3%$175/sqft |
Source: Smart MLS #24148304 Report a problem | ||
| 5/31/2023 | Sold | $235,000+17.5%$144/sqft |
Source: Smart MLS #170561198 Report a problem | ||
| 5/1/2023 | Contingent | $200,000$123/sqft |
Source: Smart MLS #170561198 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,336 -1.1% | $159,400 |
| 2024 | $4,384 +30.5% | $159,400 +76.7% |
| 2023 | $3,360 -0.2% | $90,230 |
Find assessor info on the county website
Neighborhood: 06320
Nearby schools
GreatSchools rating
- 4/10Winthrop STEM Elementary Magnet SchoolGrades: K-5Distance: 1.2 mi
- 3/10Bennie Dover Jackson Middle SchoolGrades: 6-8Distance: 1.1 mi
- 2/10New London High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- High: New London
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Connecticut
- New London County
- New London
- 06320
- 18 Phillips Street