NOT LISTED FOR SALE

136 Prospect St Unit 138 Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $308,000 - $372,000

7 Beds
3 Baths
3,578 Sq Ft
$92/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $175,000 $49 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,426/month

8 Days on Market

Highlights

  • Corner Lot
  • Hot Water Circulator
  • Baseboard Heating
  • No HOA

About This Home

As of April 2022

Fully rented 3 family home with gross income of $2,600 monthly. Unit A features 2 bedrooms and 1 bath. Unit B has 3 bedrooms and 1 bath. Unit C is 3 bedrooms and 1 bath. Property being sold AS IS with any inspections for buyers knowledge only. Will not qualify for government financing. Agent/owner.

Last Agent to Sell the Property

Nicholas Ziegler

Sovereign Property Group License #REB.0793105 Listed on: 04/10/2022

Last Buyer's Agent

Martine Lacosse

Coldwell Banker Realty License #RES.0813018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,947

Year Built

  • Built in 1863

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,578 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Norwich Free Academy High School

Utilities

  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,947

Year Built

Built in 1863

Lot Details

0

Listing Details

  • Neighborhood: Greenville
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3578
  • Public Record Living Room Sq Ft: 3578
  • Total Sq Ft: 3578
  • Year Built: 1863
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5842
  • Directions: central ave to prospect st. property located on corner of prospect st and fourth street.
  • Special Features: None

Interior Features

  • Basement Description: Full With Hatchway
  • Laundry Room Location: in unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking, Off Street Parking

Utilities

  • Heat Type: Baseboard, Hot Water, Radiator
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1200
  • Lot Description: Corner Lot
  • Flood Zone: No
  • Zoning: MF

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4947
  • Mil Rate Base: 42.350
  • Mil Rate Tax District: 6.290
  • Assessor Parcel Number: 2416920

Multi Family

  • Total Num Of Units: 3

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
Jul 1, 2016
Closed on
Aug 31, 2016
Sold by
Southern Specialty Pro
Bought by
18 Union Street Llc
Seller's Agent
Heidi Cordray
Asset Real Estate
Buyer's Agent
Nicholas Ziegler
Sovereign Property Group
List Price
$69,000
Sold Price
$39,000
Premium/Discount to List
-$30,000
-43.48%
Current Estimated Value
$329,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,667
Avg. Annual Appreciation
26.18%
Original Mortgage
$49,250
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 1, 2016
Closed on
Jul 5, 2016
Sold by
Nationstar Mortgage Ll
Bought by
Southern Specialty Pro
Seller's Agent
Heidi Cordray
Asset Real Estate
Buyer's Agent
Nicholas Ziegler
Sovereign Property Group
List Price
$69,000
Sold Price
$39,000
Premium/Discount to List
-$30,000
-43.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,250
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2015
Sold by
Howard Thomas J and Nationstar Mortgage Ll
Bought by
Nationstar Mortgage Ll

Purchase Details

Closed on
Dec 30, 2005
Sold by
136 Prospect Street Ll
Bought by
Howard Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.39%
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
18 Union Street Llc $39,000 --
18 Union Street Llc $39,000 --
18 Union Street Llc $39,000 --
Southern Specialty Pro $23,000 --
Southern Specialty Pro $23,000 --
Southern Specialty Pro $23,000 --
Nationstar Mortgage Ll -- --
Nationstar Mortgage Ll -- --
Nationstar Mortgage Ll -- --
Howard Thomas $275,000 --
Howard Thomas $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Thomas $60,000
Closed 18 Union Street Llc $49,250
Previous Owner Howard Thomas $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $175,000 +3.6% $49 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/10/2022 04/10/22 For Sale $169,000 +333.3% $47 / Sq Ft
08/26/2016 08/26/16 Sold $39,000 -43.5% $11 / Sq Ft View Prior Sale
07/27/2016 07/27/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $69,000 +236.6% $20 / Sq Ft
06/29/2016 06/29/16 Sold $20,500 -54.4% $6 / Sq Ft View Prior Sale
06/02/2016 06/02/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $45,000 -- $13 / 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 $8,414 $207,900 $29,700 $178,200
2024 $7,942 $207,900 $29,700 $178,200
2023 $4,947 $101,700 $17,100 $84,600
2022 $4,930 $101,700 $17,100 $84,600
2021 $4,947 $101,700 $17,100 $84,600
2020 $4,929 $101,700 $17,100 $84,600
2019 $4,881 $101,700 $17,100 $84,600
2018 $4,578 $94,600 $13,900 $80,700
2017 $4,611 $94,600 $13,900 $80,700
2016 $4,641 $94,600 $13,900 $80,700
2015 $4,546 $94,600 $13,900 $80,700
2014 $4,345 $94,600 $13,900 $80,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nicholas Ziegler

    Sovereign Property Group

    (860) 322-4126

    8 in this area

    11 Total Sales

    Nicholas Ziegler
    Section Image
  • Martine Lacosse

    Buyer's Agent in 2022

    Martine Lacosse

    Coldwell Banker Milford

    (203) 350-3303

    2 in this area

    19 Total Sales

    Martine Lacosse
    Section Image
  • Heidi Cordray

    Seller's Agent in 2016

    Heidi Cordray

    Asset Real Estate

    (860) 941-4474

    6 in this area

    50 Total Sales

    Heidi Cordray
    Section Image
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Map

Source: SmartMLS

MLS Number: 170478349

SmartMLS

APN: NORW-000094-000002-000021

Connecticut New London County Norwich 06360 Central Norwich

136 Prospect St Unit 138, Norwich, CT

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