NOT LISTED FOR SALE

146 Division Street Extension Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $339,000 - $390,000

6 Beds
2 Baths
2,442 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $350,000 $143 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,440/month

23 Days on Market

Highlights

  • Deck
  • Attic
  • Hot Water Heating System
  • Finished Attic
  • Tankless Water Heater
  • Coin Laundry

About This Home

As of August 2024

Discover this exceptional two-family investment property, offering 6 to 7 bedrooms and 3 bathrooms across 2.5 floors of living space. . With over 2400 sq ft of heated living area, this property is ideal for large families, multi-generational living, or rental income. Enjoy recent upgrades that include a new roof for long-lasting protection, a new gas boiler for efficient heating, and modern new flooring that enhances the aesthetic appeal. The entire property has been freshly painted, providing a clean, bright, and welcoming environment. Both the first and second floors are ready for you to lease, ready for your personal touch. Whether you choose to move in, rent out, or renovate, the possibilities are endless. Reliable gas heat ensures year-round comfort and cost savings. This property is a prime investment opportunity with significant potential for high rental income and long-term value appreciation. Additionally, two transferrable home warranty offers extra peace of mind, ensuring that your investment is protected. Don't miss out on this incredible opportunity. Properties like this are in high demand and won't last long. Make this multifamily investment property yours before it's gone! Property sold as is! Due to high interest, we are asking for all offers to be submitted by 6 pm Sunday 6/16/24

Last Agent to Sell the Property

kathleen mullins

Real Broker CT, LLC License #RES.0815131 Listed on: 06/12/2024

Real Broker CT, LLC

Co-Listed By

Carly Luciér

Our Home Realty Advisors License #REB.0794982

Last Buyer's Agent

Gabriella Navick

Navick Properties LLC License #REB.0791917

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,142

Year Built

  • Built in 1914

Lot Details

  • 4,792

Home Design

  • Concrete Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Concrete Siding

Interior Spaces

  • 2,442 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • 3 Parking Spaces
  • Parking Deck

Utilities

  • Hot Water Heating System
  • Gas Available at Street
  • Tankless Water Heater
  • Hot Water Circulator

Additional Features

  • Deck
  • 4,792 Sq Ft Lot

Community Details

  • 2 Units
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 2415811

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,142

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2442
  • Total Sq Ft: 2442
  • Year Built: 1914
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Directions: Best to park on the on street and not on the concrete padded area.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2442
  • Street Type: Extension
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Finished, Walk-up
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Basement Hook-Up(s), Coin Op Laundry, Common Laundry Area
  • Attic: Yes
  • Street Number Modifier: 146

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Total Parking Spaces: 3
  • Garage And Parking: None, On Street Parking, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: Domestic, Tank Size Unknown, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.11
  • Lot Description: Corner Lot Level Lot
  • Zoning: MF
  • Parcel #: 2415811

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5142
  • Total Assessed Value: 134600
  • Mil Rate Total: 38.2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 8, 2024
Sold by
Cassity Annette K and Cassity William P
Bought by
Chen Heyan and Chen Sophia
Seller's Agent
kathleen mullins
Real Broker CT, LLC
Buyer's Agent
Gabriella Navick
Navick Properties LLC
List Price
$299,000
Sold Price
$350,000
Premium/Discount to List
$51,000
17.06%
Views
23
Current Estimated Value
$365,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,073
Avg. Annual Appreciation
4.02%
Original Mortgage
$293,250
Outstanding Balance
$290,453
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,620

Purchase Details

Listed on
Mar 30, 2022
Closed on
Apr 14, 2022
Sold by
Sylvia Robert J and Sylvia Urling J
Bought by
Cassity Annette K and Cassity William P
Seller's Agent
Leo Chomen
Signature Properties of NewEng
Buyer's Agent
kathleen mullins
Real Broker CT, LLC
List Price
$189,900
Sold Price
$193,000
Premium/Discount to List
$3,100
1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.54%

Purchase Details

Closed on
Jul 22, 2015
Sold by
Sylvia Robert J
Bought by
Sylvia Robert J and Sylvia Urling J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 1999
Sold by
Palazzo Joseph R
Bought by
Trask James H and Raymond Kandice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
7.19%
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
Chen Heyan $350,000 None Available
Chen Heyan $350,000 None Available
Chen Heyan $350,000 None Available
Cassity Annette K -- None Available
Cassity Annette K -- None Available
Sylvia Robert J -- --
Sylvia Robert J -- --
Sylvia Robert J -- --
Trask James H $100,900 --
Trask James H $100,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Heyan $293,250
Closed Chen Heyan $293,250
Previous Owner Sylvia Robert J $132,000
Previous Owner Trask James H $99,500
Closed Trask James H $3,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $350,000 +17.1% $143 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $299,000 +54.9% $122 / Sq Ft
04/20/2022 04/20/22 Sold $193,000 +1.6% $79 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $189,900 -- $78 / 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 $5,447 $134,600 $24,800 $109,800
2024 $5,142 $134,600 $24,800 $109,800
2023 $4,280 $88,000 $17,600 $70,400
2022 $4,261 $87,900 $17,500 $70,400
2021 $4,275 $87,900 $17,500 $70,400
2020 $4,265 $88,000 $17,600 $70,400
2019 $4,223 $88,000 $17,600 $70,400
2018 $3,915 $80,900 $20,700 $60,200
2017 $3,943 $80,900 $20,700 $60,200
2016 $3,969 $80,900 $20,700 $60,200
2015 $3,888 $80,900 $20,700 $60,200
2014 -- $81,300 $20,700 $60,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24024901

SmartMLS

APN: NORW-000094-000005-000006