NOT LISTED FOR SALE

116 Laurel Hill Ave Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $321,000 - $358,000

4 Beds
4 Baths
2,317 Sq Ft
$147/Sq Ft Est. Value

Sale Details

Date Sold: February 3, 2025

Last sale price $300,000 $129 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,438 / mo

8 Days on Market

About This Home

As of February 2025

Introducing 116 Laurel Hill Ave, a wonderful opportunity for investors and owner-occupants alike to own a well-maintained 4-family property. The property contains 4 - 1 bedroom, 1 bathroom units with 3/4 currently occupied on month-to-month agreements. With one unit current unoccupied, this is the perfect house hack opportunity for potential owner-occupants! Tons of upside, and great cash flow potential. Closing to occur in the first week of January.

Last Agent to Sell the Property

Seth Caslin

Sailpoint Property Group License #RES.0830674 Listed on: 10/07/2024

Co-Listed By

Kostas Travisano

Sailpoint Property Group License #RES.0828569

Last Buyer's Agent

Mike Doherty

eXp Realty License #RES.0814339

eXp Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,170

Year Built

  • Built in 1885

Lot Details

  • 8,712 Sq Ft Lot
  • Sloped Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 2,317 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Private Driveway

Schools

  • Norwich Free Academy High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2029205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,170

Year Built

Built in 1885

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Neighborhood: Laurel Hill
  • Property Type: Multi-Family For Sale
  • Style: 4updown - Unit(s) per Floor, Other
  • Sq Ft Est Heated Above Grade: 2317
  • Total Sq Ft: 2317
  • Year Built: 1885
  • New Construction: No/Resale
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Financing Used: Cash
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement Description: Full, Unfinished
  • Attic: No

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle Gable
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 6
  • Garage And Parking: None, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 50 Gallon Tank
  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2
  • Lot Description: Sloping Lot
  • Zoning: MF
  • Parcel #: 2029205

Multi Family

  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 7170

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Feb 4, 2025
Sold by
Bought by
Seller's Agent
Seth Caslin
Sailpoint Property Group
Buyer's Agent
Mike Doherty
eXp Realty
List Price
$319,990
Sold Price
$300,000
Premium/Discount to List
-$19,990
-6.25%
Views
32
Current Estimated Value
$340,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,076
Avg. Annual Appreciation
8.84%
Original Mortgage
$288,750
Outstanding Balance
$284,944
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$55,132

Purchase Details

Closed on
Jun 2, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 1987
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Central Norwich, CT

  • Jacqueline Kapusta Real Estate Agent - Navick Properties LLC

    Jacqueline Kapusta

    Navick Properties LLC

    (959) 201-9201

    42 Total Sales

    5 in Central Norwich

    $15K - $203K Price Range

    Jacqueline Kapusta
     Section Image
  • Donald Boushee Real Estate Agent - William Pitt Sotheby's Int'l

    Donald Boushee

    William Pitt Sotheby's Int'l

    (959) 215-5785

    38 Total Sales

    1 in Central Norwich

    $225,000 Price

    Donald Boushee
     Section Image
  • Nathan Cholewa Real Estate Agent - Kazantzis Real Estate, LLC

    Nathan Cholewa

    Kazantzis Real Estate, LLC

    (860) 934-0595

    95 Total Sales

    1 in Central Norwich

    $201,500 Price

    Nathan Cholewa
     Section Image
  • Valerie MacNeil Real Estate Agent - Kazantzis Real Estate, LLC

    Valerie MacNeil

    Responds Quickly

    Kazantzis Real Estate, LLC

    (860) 544-2381

    107 Total Sales

    3 in Central Norwich

    $132K - $230K Price Range

    Valerie MacNeil
     Section Image
  • Kiki Sydnor Real Estate Agent - Choice Realty

    Kiki Sydnor

    Choice Realty

    (959) 215-5358

    119 Total Sales

    7 in Central Norwich

    $100K - $344K Price Range

    Kiki Sydnor
     Section Image
  • Maria Mercedes Real Estate Agent - YellowBrick Real Estate LLC

    Maria Mercedes

    YellowBrick Real Estate LLC

    (475) 269-6704

    64 Total Sales

    2 in Central Norwich

    $115K - $120K Price Range

    Maria Mercedes
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 None Available
$300,000 None Available
$40,000 --
$119,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $288,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Sold $300,000 -6.2% $129 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $319,990 -- $138 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,596 $187,700 $37,300 $150,400
2024 $7,170 $187,700 $37,300 $150,400
2023 $4,232 $87,000 $23,100 $63,900
2022 $4,218 $87,000 $23,100 $63,900
2021 $4,232 $87,000 $23,100 $63,900
2020 $4,217 $87,000 $23,100 $63,900
2019 $4,175 $87,000 $23,100 $63,900
2018 $3,770 $77,900 $20,900 $57,000
2017 $3,797 $77,900 $20,900 $57,000
2016 $3,822 $77,900 $20,900 $57,000
2015 $3,744 $77,900 $20,900 $57,000
2014 $3,578 $77,900 $20,900 $57,000
Source: Public Records

Agents Affiliated with this Home

  • Seth Caslin Real Estate Agent - Sailpoint Property Group

    Seller's Agent in 2025

    Seth Caslin

    Sailpoint Property Group

    (860) 538-2337

    1 in this area

    9 Total Sales

    Seth Caslin
    Section Image
  • Kostas Travisano Real Estate Agent - Sailpoint Property Group

    Seller Co-Listing Agent in 2025

    Kostas Travisano

    Sailpoint Property Group

    (407) 961-0202

    1 in this area

    27 Total Sales

    Kostas Travisano
    Section Image
  • Mike Doherty Real Estate Agent - eXp Realty

    Buyer's Agent in 2025

    Mike Doherty

    eXp Realty

    (860) 941-9996

    23 in this area

    124 Total Sales

    Mike Doherty
    Section Image
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Map

Source: SmartMLS

MLS Number: 24051986

SmartMLS

APN: NORW-000110-000003-000082

Connecticut New London County Norwich 06360 Central Norwich

116 Laurel Hill Ave, Norwich, CT

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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