NOT LISTED FOR SALE

Estimated Value: $120,000 - $144,052

1 Bed
1 Bath
781 Sq Ft
$306/mo HOA Fee

Last Sold November 29, 2022

Last sale price $100,000 $128 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,229/month

14 Days on Market

Highlights

  • Pool House
  • Deck
  • Wetlands on Lot
  • River Front
  • Property is near public transit
  • 4-minute walk to Yantic Falls / Indian leap

About This Home

As of November 2022

Why rent when you can own this fabulous loft style condo...Huge oversized windows....exposed beams and original brick is a unique combination of the old and new.
Seasonal pool, tennis, BBQ area alongside the Yantic River

Falls Mill is a hidden gem in Norwich

Last Agent to Sell the Property

Robin Keator

Compass Connecticut, LLC License #RES.0353941 Listed on: 09/02/2022

Compass Connecticut, LLC

Last Buyer's Agent

Karen Bell

Coldwell Banker Realty License #RES.0766186

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 1988

Lot Details

  • Cul-De-Sac

HOA Fees

  • $306 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Masonry Siding

Interior Spaces

  • 781 Sq Ft Home
  • Awning

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Parking Deck
  • Parking Lot

Pool

  • Pool House
  • Outdoor Pool

Outdoor Features

  • Wetlands on Lot
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Association fees include tennis, grounds maintenance, trash pickup, snow removal, water, sewer, property management, flood insurance
  • 121 Units
  • Mid-Rise Condominium
  • Falls Mill Community
  • Property managed by falls mill condo

Amenities

  • Community Garden
  • Public Transportation
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,716

Year Built

Built in 1988

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • Neighborhood: Norwich Falls
  • Property Type: Condo/Co-Op For Sale
  • Style: Mid Rise
  • Sq Ft Est Heated Above Grade: 781
  • Public Record Living Room Sq Ft: 781
  • Total Sq Ft: 781
  • Year Built: 1988
  • Nearby Amenities: Library, Medical Facilities, Public Transportation, Shopping/Mall, Tennis Courts, Walk to Bus Lines
  • Association Amenities: Elevator, Gardening Area, Pool, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting, Alterations, Boats, Trailer(S), Truck(S)
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 781
  • Directions: washington to sachem to yantic
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Electric Range, Refrigerator, Dishwasher
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 150

Exterior Features

  • Exterior Features: Awnings, Deck, Grill, Lighting
  • Exterior Siding: Brick
  • Waterfront Description: River
  • Swimming Pool: Yes
  • Pool: Pool House
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Paved, Parking Lot
  • Garages Number: 2
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management, Flood Insurance
  • Complex Name: Falls Mill
  • Levels In Unit: 2
  • HOA Fees: 306
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Manager Email: robinfallsmill@aol.com
  • Property Mgt Company Name: falls mill condo
  • Property Mgt Phone: 8608893255

Schools

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

Lot Info

  • Lot Description: On Cul-De-Sac, Some Wetlands, Level Lot
  • Flood Zone: Yes
  • Zoning: MF

Rental Info

  • Pets Allowed Info: owners 2 small dog/2 cats
  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 1716
  • Total Assessed Value: 35400
  • Mil Rate Base: 42.180
  • Mil Rate Tax District: 6.300
  • Mil Rate Total: 48.480
  • Assessor Parcel Number: 2021358

Multi Family

  • Total Num Of Units: 121

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
Sep 2, 2022
Closed on
Nov 29, 2022
Sold by
Howard Margaret
Bought by
Mills Kelly M
Seller's Agent
Robin Keator
Compass Connecticut, LLC
Buyer's Agent
Karen Bell
Coldwell Banker Realty
List Price
$93,900
Sold Price
$100,000
Premium/Discount to List
$6,100
6.5%
Views
85
Current Estimated Value
$128,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,419
Avg. Annual Appreciation
9.41%
Original Mortgage
$97,000
Outstanding Balance
$94,282
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$33,557

Purchase Details

Closed on
May 5, 2009
Sold by
Schmeider Beverly
Bought by
Howard Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.86%

Purchase Details

Closed on
May 30, 1995
Sold by
Thomas Jefferson Lp
Bought by
Hilliard Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,750
Interest Rate
5.38%
Mortgage Type
Unknown
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
Mills Kelly M $100,000 None Available
Mills Kelly M $100,000 None Available
Howard Margaret $80,000 --
Howard Margaret $80,000 --
Hilliard Beverly $37,000 --
Hilliard Beverly $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Kelly M $97,000
Closed Mills Kelly M $97,000
Closed Mills Kelly M $7,679
Previous Owner Hilliard Beverly $68,000
Previous Owner Hilliard Beverly $27,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $100,000 +6.5% $128 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $93,900 0.0% $120 / Sq Ft
09/01/2012 09/01/12 Rented $800 -11.1% --
08/31/2012 08/31/12 Under Contract -- -- --
05/15/2012 05/15/12 For Rent $900 -- --
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 $2,679 $66,200 $0 $66,200
2024 $2,529 $66,200 $0 $66,200
2023 $1,722 $35,400 $0 $35,400
2022 $1,716 $35,400 $0 $35,400
2021 $1,722 $35,400 $0 $35,400
2020 $1,716 $35,400 $0 $35,400
2019 $1,699 $35,400 $0 $35,400
2018 $1,757 $36,300 $0 $36,300
2017 $1,769 $36,300 $0 $36,300
2016 $1,781 $36,300 $0 $36,300
2015 $1,745 $36,300 $0 $36,300
2014 $1,667 $36,300 $0 $36,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170520959

SmartMLS

APN: NORW-000092-000002-000004-000130