NOT LISTED FOR SALE

12 Sherman St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $151,000 - $200,000

2 Beds
2 Baths
1,102 Sq Ft
$258/mo HOA Fee

Last Sold August 17, 2020

Last sale price $85,000 $77 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,354/month

57 Days on Market

Highlights

  • River Front
  • Property is near public transit
  • Partially Wooded Lot
  • The property is located in a historic district
  • Rowhouse Architecture
  • 2-minute walk to Yantic Falls / Indian leap

About This Home

As of August 2020

This beautiful condominium comprises the entire main floor of this historic building. Large eat-in kitchen and living room each have entrances from the front between manicured flower beds. Both bedrooms have en suite full bathrooms and doors to the rear garden areas. Two large colonial-style fireplaces are functional and add tremendous charm to both bedrooms. Stairs in unit lead to dedicated storage areas in basement and coin-op laundry facility shared with upstairs neighbors. Location is extremely convenient. Walking distance to Backus Hospital, quick drive to I-395 and Casinos. This well-landscaped property is steps away from the Yantic Falls Historic District and Indian Leap Falls. The condo association is FHA certified and has significant reserves. Public records show 1986 which is when these historic row houses were completely re-done, restored and converted to condos. Enjoy the charm and street appeal of history and the modern convenience of newer construction when you make this your next home.

Last Agent to Sell the Property

Jay Kelly

William Raveis Real Estate License #RES.0809553 Listed on: 05/13/2020

William Raveis Real Estate

Last Buyer's Agent

Fiona Stevens

LPT Realty License #RES.0808421

LPT Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1986

Lot Details

  • River Front
  • End Unit
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Rowhouse Architecture
  • Frame Construction
  • Clap Board Siding

Interior Spaces

  • 1,102 Sq Ft Home
  • 2 Fireplaces
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Walking Distance to Water

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

  • Norwich Free Academy High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, pest control, insurance
  • 31 Units
  • Norwich Historic Rowhouses Community

Amenities

  • Public Transportation
  • Coin Laundry

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,000

Year Built

Built in 1986

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Neighborhood: Norwich Falls
  • Property Type: Condo/Co-Op For Sale
  • Style: Row House
  • Sq Ft Est Heated Above Grade: 1102
  • Public Record Living Room Sq Ft: 1102
  • Total Sq Ft: 1102
  • Year Built: 1986
  • Nearby Amenities: Health Club, Library, Public Transportation
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1102
  • Tax Year Updated Dt: 08/03/2020
  • Directions: GPS friendly address is between Backus Hospital and Asylum Street.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Basement Description: Full With Hatchway
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Location: In Basement. Interior access.
  • Laundry Room Info: Coin Op Laundry
  • Attic: No
  • Street Number Modifier: 12

Exterior Features

  • Exterior Siding: Clapboard
  • Waterfront Description: River, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Pest Control, Insurance
  • Complex Name: Norwich Historic Rowhouses
  • Levels In Unit: 1
  • HOA Fees: 258
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association

Schools

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

Lot Info

  • Lot Description: Historic District, Water View, Lightly Wooded, Sloping Lot
  • Zoning: NC

Rental Info

  • Pets Allowed Info: Sm/Med Dog or 1-2 Cats
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3000
  • Total Assessed Value: 61900
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Mil Rate Total: 48.470
  • Assessor Parcel Number: 2417773

Multi Family

  • Total Num Of Units: 31

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Jul 16, 2020
Sold by
Costas Barbara A
Bought by
Henowitz Ryan
Seller's Agent
Jay Kelly
William Raveis Real Estate
Buyer's Agent
Fiona Stevens
LPT Realty
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Current Estimated Value
$172,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,524
Avg. Annual Appreciation
14.77%
Original Mortgage
$83,460
Outstanding Balance
$73,868
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$98,656

Purchase Details

Closed on
Sep 3, 2002
Sold by
Wood Chris A and Wood Julie A
Bought by
Costas Barbara A
Source: Public Records

Range of Values:

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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
Henowitz Ryan $85,000 None Available
Henowitz Ryan $85,000 None Available
Costas Barbara A $88,500 --
Costas Barbara A $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henowitz Ryan $83,460
Closed Henowitz Ryan $83,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $85,000 -5.5% $77 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $89,900 -- $82 / 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 $2,210 $54,600 $0 $54,600
2024 $2,086 $54,600 $0 $54,600
2023 $3,011 $61,900 $0 $61,900
2022 $3,001 $61,900 $0 $61,900
2021 $3,011 $61,900 $0 $61,900
2020 $3,000 $61,900 $0 $61,900
2019 $2,971 $61,900 $0 $61,900
2018 $3,179 $65,700 $0 $65,700
2017 $3,202 $65,700 $0 $65,700
2016 $3,223 $65,700 $0 $65,700
2015 $3,158 $65,700 $0 $65,700
2014 $3,018 $65,700 $0 $65,700
Source: Public Records

Agents Affiliated with this Home

  • Jay Kelly

    Seller's Agent in 2020

    Jay Kelly

    William Raveis Real Estate

    (860) 550-0295

    36 in this area

    127 Total Sales

    Jay Kelly
    Section Image
  • Fiona Stevens

    Buyer's Agent in 2020

    Fiona Stevens

    LPT Realty

    (908) 962-1877

    3 in this area

    61 Total Sales

    Fiona Stevens
    Section Image
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Map

Source: SmartMLS

MLS Number: 170294988

SmartMLS

APN: NORW-000084-000001-000036-000012

Connecticut New London County Norwich 06360 Central Norwich

12 Sherman St, Norwich, CT

This home is located at 12 Sherman St, Norwich, CT 06360 since 13 May 2020 and is currently estimated at $172,524, approximately $156 per square foot. This property was built in 1986. 12 Sherman St is a home located in New London County with nearby schools including Samuel Huntington Elementary School, Kelly STEAM Magnet Middle School, and Stoneview Children's University.

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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