NOT LISTED FOR SALE

1 Baltic Rd Norwich, CT 06360

Occum Neighborhood

Estimated Value: $170,000

6 Beds
2 Baths
2,236 Sq Ft
$76/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $147,500 $66 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,302/month

1 Day on Market

About This Home

As of May 2023

Looking for a fixer-upper with great potential?! Look no further than this charming duplex located on a bustling street! With two units VACANT & ready for renovation, this property offers endless opportunities to create the perfect living spaces. Each unit features three bedrooms and 1 bathroom, a living room, dining room, and kitchen that can be customized to your liking. Situated on a busy intersection, it is perfect for those looking to capitalize on high foot traffic and maximize rental income. The property is also conveniently located near public transportation, highways, and stores. UPDATES: Some electrical, windows, furnace, and oil tank. Whether you're an investor looking to add to your portfolio or a handy homeowner looking for a new project (maybe convert to a large single family?), this duplex is the perfect canvas for your creative vision. Take advantage of this exciting opportunity to bring this property back to life!

Last Agent to Sell the Property

Heather Bassett

Team Bassett Realty LLC License #REB.0794977 Listed on: 04/27/2023

Last Buyer's Agent

Luis Almanzar

Blue Diamond Realty, LLC License #REB.0793091

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,142

Year Built

  • Built in 1936

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Side-by-Side
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,236 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • Basement Garage
  • Tuck Under Garage

Utilities

  • Radiator
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,142

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2236
  • Public Record Living Room Sq Ft: 2236
  • Total Sq Ft: 2236
  • Year Built: 1936
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3768
  • Directions: On corner
  • Special Features: None

Interior Features

  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out
  • Attic: Yes
  • Street Number Modifier: 1

Exterior Features

  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 4

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water In Street, Private Well
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.1700
  • Lot Description: N/A
  • Zoning: NC

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3142
  • Total Assessed Value: 74500
  • Mil Rate Base: 42.180
  • Mil Rate Total: 42.180
  • Assessor Parcel Number: 2413546

Multi Family

  • Total Num Of Units: 2

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 23, 2023
Sold by
Gladue Lawrence G Est
Bought by
Palominio Fiorella
Seller's Agent
Heather Bassett
Team Bassett Realty LLC
Buyer's Agent
Luis Almanzar
Blue Diamond Realty, LLC
List Price
$120,000
Sold Price
$147,500
Premium/Discount to List
$27,500
22.92%
Views
70
Current Estimated Value
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,500
Avg. Annual Appreciation
20.28%

Purchase Details

Closed on
Jul 7, 1977
Bought by
Gladue Lawrence G and Gladue June E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palominio Fiorella -- None Available
Palominio Fiorella -- None Available
Gladue Lawrence G -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $147,500 +22.9% $66 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $120,000 -- $54 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,584 $131,700 $35,400 $96,300
2024 $4,379 $131,700 $35,400 $96,300
2023 $3,118 $74,500 $27,500 $47,000
2022 $3,142 $74,500 $27,500 $47,000
2021 $3,155 $74,500 $27,500 $47,000
2020 $3,157 $74,500 $27,500 $47,000
2019 $3,028 $74,500 $27,500 $47,000
2018 $3,010 $72,600 $21,900 $50,700
2017 $2,953 $72,600 $21,900 $50,700
2016 $3,027 $72,600 $21,900 $50,700
2015 $3,005 $72,600 $21,900 $50,700
2014 $2,834 $72,600 $21,900 $50,700
Source: Public Records

Agents Affiliated with this Home

  • Heather Bassett

    Seller's Agent in 2023

    Heather Bassett

    Team Bassett Realty LLC

    (860) 334-1693

    2 in this area

    98 Total Sales

    Heather Bassett
    Section Image

  • L

    Buyer's Agent in 2023

    Luis Almanzar

    Blue Diamond Realty, LLC

    Section Image
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Map

Source: SmartMLS

MLS Number: 170565711

SmartMLS

APN: NORW-000013-000001-000024

Connecticut New London County Norwich 06360 Occum

1 Baltic Rd, Norwich, CT

This home is located at 1 Baltic Rd, Norwich, CT 06360 since 27 April 2023 and is currently estimated at $170,000, approximately $76 per square foot. This property was built in 1936. 1 Baltic Rd is a home located in New London County with nearby schools including Moriarty Magnet Elementary School, Kelly STEAM Magnet Middle School, and Sacred Heart School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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