NOT LISTED FOR SALE

Estimated Value: $314,000 - $355,000

3 Beds
1 Bath
1,144 Sq Ft
$294/Sq Ft Est. Value

Last Sold December 04, 2024

Last sale price $320,000 $280 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,395/month

74 Days on Market

Highlights

  • Deck
  • Raised Ranch Architecture
  • Patio
  • Property is near golf course and public transit
  • Attic
  • Public Transportation

About This Home

As of December 2024

Nestled in the town of Norwich, CT, 114 Starr St offers an exceptional opportunity for homeowners and investors alike. This property, combines a blend of modern amenities and sleek design elements, making it an ideal choice for those seeking a comfortable residence or a lucrative investment in the thriving short-term rental market. All furnishings are included in this transaction! Recent renovations have seamlessly integrated modern amenities, including a fully updated kitchen with stainless steel appliances, granite countertops, and custom cabinetry. The bathrooms have been tastefully remodeled with contemporary finishes, ensuring both style and functionality. The expansive floor plan includes an open-concept Kitchen/Living/Dining area, all tasteful designed and beautifully illuminated with updated light fixtures. The bedrooms offer stylish design and comfort for all. The landscaped yard features a fire pit, mini-soccer field manicured lawn, and a private patio adjacent to the lower level walkout slider, perfect for outdoor entertaining. The large backyard provides plenty of space for gardening or recreational activities. For savvy investors, 114 Starr St presents a compelling opportunity to capitalize on the growing demand for short-term rentals in the area. Norwich's history and proximity to popular attractions like Mohegan Sun Casino, Foxwoods Resort Casino, and Mystic Seaport make it a desirable destination for tourists.

Last Agent to Sell the Property

Kevin Fennell

eXp Realty License #RES.0811045 Listed on: 07/16/2024

eXp Realty

Last Buyer's Agent

Pam Patalano

Continental Realty Associates License #RES.0825245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,377

Year Built

  • Built in 1977

Lot Details

  • 0.4 Acre Lot
  • Property is zoned R20

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 1 Car Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill

Location

  • Property is near golf course and public transit

Utilities

  • Window Unit Cooling System
  • Split Air Conditioning
  • Hot Water Heating System
  • Hot Water Circulator

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 2023534

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,377

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Neighborhood: East Great Plains
  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 1144
  • Total Sq Ft: 1144
  • Year Built: 1977
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Public Transportation, Tennis Courts
  • Remarks Public Addendum: The property's prime location and charming features make it an attractive option for vacationers. Norwich's thriving tourism industry ensures a steady stream of potential guests seeking short-term accommodations. Similar properties in Norwich have demonstrated strong rental performance, with average nightly rates ranging from $150 to $400, depending on the season and day of the week. With the right marketing strategy, 114 Starr St could generate substantial rental income, offering an impressive return on investment. Whether you choose to use it as a primary residence, or a dedicated rental property, 114 Starr St provides flexibility to meet your needs and financial goals. Don't miss the chance to own a piece of Norwich's history while enjoying the benefits of modern living and the potential for significant rental revenue.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Full With Walk-Out
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: Yes

Exterior Features

  • Exterior Features: Grill, Deck, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Crushed Stone
  • Total Parking Spaces: 4
  • Garage And Parking: Under House Garage, Driveway

Utilities

  • Cooling System: Split System, Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Electric
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.4
  • Lot Description: Corner Lot Level Lot
  • Zoning: R20
  • Parcel #: 2023534

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5377

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2024
Sold by
Napolitano Thomas
Bought by
Wilson James J
Current Estimated Value
$335,972

Purchase Details

Closed on
Aug 10, 2024
Sold by
Napolitano Invs Llc
Bought by
Napolitano Thomas

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 26, 2023
Sold by
Federal Hm Loan Mtg Corp
Bought by
Napolitano Invs Llc
Seller's Agent
Mark Porriello
RE/MAX Right Choice
Buyer's Agent
Kevin Fennell
eXp Realty
List Price
$176,800
Sold Price
$180,000
Premium/Discount to List
$3,200
1.81%
Views
293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.20%
Original Mortgage
$205,000
Interest Rate
7.44%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 7, 2023
Sold by
Beams Norma and Federal Hm Loan Mtg Corp
Bought by
Federal Hm Loan Mtg Corp

Purchase Details

Closed on
Aug 31, 1979
Bought by
Beams Thomas J and Beams Norma A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wilson James J $325,000 None Available
Wilson James J $325,000 None Available
Wilson James J $325,000 None Available
Napolitano Thomas -- None Available
Napolitano Thomas -- None Available
Napolitano Thomas -- None Available
Napolitano Invs Llc $180,000 None Available
Napolitano Invs Llc $180,000 None Available
Napolitano Invs Llc $180,000 None Available
Federal Hm Loan Mtg Corp $187,564 None Available
Federal Hm Loan Mtg Corp $187,564 None Available
Federal Hm Loan Mtg Corp $187,564 None Available
Beams Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Napolitano Invs Llc $205,000
Previous Owner Beams Thomas J $133,250
Previous Owner Beams Thomas J $75,200
Previous Owner Beams Thomas J $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2024 12/04/24 Sold $320,000 -3.0% $280 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $329,900 +83.3% $288 / Sq Ft
12/27/2023 12/27/23 Sold $180,000 +1.8% $157 / Sq Ft View Prior Sale
11/26/2023 11/26/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $176,800 -- $155 / 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 $7,860 $225,800 $54,600 $171,200
2024 $5,377 $161,700 $54,600 $107,100
2023 $4,101 $98,000 $31,600 $66,400
2022 $4,138 $98,100 $31,700 $66,400
2021 $4,155 $98,100 $31,700 $66,400
2020 $4,153 $98,000 $31,600 $66,400
2019 $3,983 $98,000 $31,600 $66,400
2018 $3,827 $92,300 $27,200 $65,100
2017 $3,754 $92,300 $27,200 $65,100
2016 $3,848 $92,300 $27,200 $65,100
2015 $3,820 $92,300 $27,200 $65,100
2014 $3,603 $92,300 $27,200 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24032788

SmartMLS

APN: NORW-000091-000002-000091