NOT LISTED FOR SALE

1421 Old Pond Ln Unit 1421 Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $222,000 - $239,000

1 Bed
2 Baths
864 Sq Ft
$266/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $133,000 $154 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,038/month

124 Days on Market

Highlights

  • Water Views
  • Pool House
  • Gated Community
  • Health Club
  • Home fronts a pond
  • Open Floorplan

About This Home

As of October 2019

A Piece of Heaven! Amazing Remodel! This Villa must be seen to be appreciated! Everything has been redone for you! The Villa Condominium is impeccable. Gorgeous corner villa overlooking the largest spring fed pond.....Corner unit. Enjoy this penthouse whether you choose to live her 24/7, weekends, as a summer home or as an investment. This complex has it all. A true resort. 2 swimming pools - one is heated, 2 clubhouses - one has a Jacuzzi, men and women's separate saunas and showers. Free Wifi and television in both clubhouses. Enjoy the 12.51 acres of landscaping, the Coi stocked spring fed ponds, being adjacent to an 18 hole par 71 golf course and driving range and also next to the world class Spa at Norwich Inn. This complex is within minutes to Mohegan Sun and 10 min to Foxwoods for headliner entertainment, gaming and top notch restaurants. Located halfway between New York City and Boston. Perhaps take the ferry from Long Island. Take Amtrak - only 15 min away. The area has it all - antiquing in Stonington or perhaps Putnam, wine tasting at Stonington Vineyards or Jonathan Edwards, fresh ice cream at Buttonwoods Farms, spend the day at the world class Spa, golf at Norwich Golf Course, Lake of Isles or many others, drive to the beaches of Rhode Island or enjoy the day at Newport...want to live here....Great Location! Halfway between Boston and NYC..1/2 hour to Hartford, Less than 2 miles to 395....Less than 30 min to Electric Boat! Check this out!

Last Agent to Sell the Property

Barbara Sullivan

Sullivan Real Estate Group License #REB.0788489 Listed on: 05/06/2019

Last Buyer's Agent

Jennifer Jennings

William Raveis Real Estate License #RES.0795378

William Raveis Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,861

Year Built

  • Built in 1986

Lot Details

  • Home fronts a pond
  • End Unit

HOA Fees

  • $481 Monthly HOA Fees

Home Design

  • Frame Construction
  • Clap Board Siding

Interior Spaces

  • 864 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Water Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Guest Parking
  • Visitor Parking
  • Parking Lot
  • Off-Street Parking

Pool

  • Pool House
  • Heated In Ground Pool
  • Spa
  • Saltwater Pool

Schools

  • Thomas W. Mahan Elementary School
  • Norwich Free Academy High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near a golf course

Community Details

Overview

  • Association fees include club house, grounds maintenance, trash pickup, snow removal, property management, pool service, insurance
  • 160 Units
  • The Villas At Norwich Inn & Spa Community
  • Property managed by Myriad Management

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Health Club
  • Tennis Courts
  • Exercise Course
  • Community Pool
  • Putting Green

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,861

Year Built

Built in 1986

Lot Details

0

HOA Fees

$481 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse, Penthouse
  • Sq Ft Est Heated Above Grade: 864
  • Public Record Living Room Sq Ft: 864
  • Total Sq Ft: 864
  • Year Built: 1986
  • Nearby Amenities: Golf Course, Health Club, Putting Green, Tennis Courts
  • Association Amenities: Club House, Exercise Room/Health Club, Guest Parking, Health Club, Pool, Putting Green, Tennis Courts
  • Remarks Public Addendum: Whether you want to live here every day, use it as a weekend getaway, a summer vacation home or even as an investment. The options are endless. The complex is undergoing a 3 million dollar renovation loan WITHOUT ANY ASSESSMENTS. New roads, decks, impr
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Boats, Trailer(S)
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: NO SPECIAL ASSESSMENT
  • Public Record Gross Sq Ft: 1184
  • Tax Year Updated Dt: 07/30/2019
  • Directions: Route 395 to Exit 9 - take Exit 5 - left at bottom of ramp ...1.5 miles on left...Spa at Norwich Inn...right at 2nd stop sign...go through 1st set of ponds..Building 14 is on the left..upstairs - corner left...
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Common Laundry Area
  • Attic: No

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Clapboard
  • Waterfront Description: Pond
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Spa, Heated, Salt Water
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking, Parking Lot

Utilities

  • Cooling System: Ceiling Fans, Heat Pump
  • 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: Club House, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pool Service, Insurance
  • Complex Name: The Villas at Norwich Inn & Spa
  • HOA Fees: 481
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Manager Email: ClubAtNorwich@gmail.com
  • Property Manager Name: Joe Brennan-Sandra Pimental
  • Property Manager Phone: 860-400-2582
  • Property Mgt Company Name: Myriad Management
  • Property Mgt Phone: 860-400-2582

Lot Info

  • Lot Description: Water View
  • Zoning: RES
  • Property Info: Gated Community

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2861
  • Mil Rate Base: 40.640
  • Assessor Parcel Number: 2020226

Multi Family

  • Total Num Of Units: 160

MLS Schools

  • Elementary School: Thomas W. Mahan
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Oct 30, 2019
Sold by
Gregory Yona
Bought by
Jesmonth Kevin P and Jesmonth Katherine A
Seller's Agent
Barbara Sullivan
Sullivan Real Estate Group
Buyer's Agent
Jennifer Jennings
William Raveis Real Estate
List Price
$159,900
Sold Price
$133,000
Premium/Discount to List
-$26,900
-16.82%
Current Estimated Value
$229,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,925
Avg. Annual Appreciation
9.57%

Purchase Details

Listed on
May 11, 2017
Closed on
Oct 5, 2018
Sold by
Rother Betty
Bought by
Gregory Yona
Seller's Agent
Barbara Sullivan
Sullivan Real Estate Group
Buyer's Agent
Barbara Sullivan
Sullivan Real Estate Group
List Price
$144,900
Sold Price
$90,000
Premium/Discount to List
-$54,900
-37.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.09%

Purchase Details

Closed on
Oct 7, 2004
Sold by
Butler Roy
Bought by
Rother Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.84%

Purchase Details

Closed on
Mar 7, 2000
Sold by
Wingerd Ratti A and Larson James G
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 7, 1998
Sold by
Malek Patricia A
Bought by
Butler Roy

Purchase Details

Closed on
Feb 3, 1995
Sold by
Fnma
Bought by
Malek Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
9.18%
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
Jesmonth Kevin P $133,000 --
Jesmonth Kevin P $133,000 --
Gregory Yona $90,000 --
Gregory Yona $90,000 --
Rother Betty $140,000 --
Rother Betty $140,000 --
Federal National Mortgage Association $79,054 --
Butler Roy $118,000 --
Butler Roy $118,000 --
Malek Patricia A $90,000 --
Malek Patricia A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malek Patricia A $133,000
Previous Owner Malek Patricia A $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2019 10/31/19 Sold $133,000 -16.8% $154 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $159,900 +77.7% $185 / Sq Ft
09/28/2018 09/28/18 Sold $90,000 -30.8% $104 / Sq Ft View Prior Sale
08/10/2018 08/10/18 Pending -- -- --
07/09/2018 07/09/18 Price Changed $130,000 -10.3% $150 / Sq Ft
05/11/2017 05/11/17 For Sale $144,900 -- $168 / 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 $4,247 $122,000 $0 $122,000
2024 $4,057 $122,000 $0 $122,000
2023 $2,946 $70,400 $0 $70,400
2022 $2,969 $70,400 $0 $70,400
2021 $2,981 $70,400 $0 $70,400
2020 $2,984 $70,400 $0 $70,400
2019 $2,861 $70,400 $0 $70,400
2018 $2,865 $69,100 $0 $69,100
2017 $2,810 $69,100 $0 $69,100
2016 $2,689 $64,500 $0 $64,500
2015 $2,670 $64,500 $0 $64,500
2014 $2,518 $64,500 $0 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170193147

SmartMLS

APN: NORW-000129-000001-000004-001421