NOT LISTED FOR SALE

Estimated Value: $164,000 - $212,000

2 Beds
2 Baths
1,066 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $82,000 $77 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,820/month

187 Days on Market

Highlights

  • Indoor Pool
  • Open Floorplan
  • Walking Distance to Water
  • River Front
  • Bonus Room
  • 4-minute walk to Yantic Falls / Indian leap

About This Home

As of July 2019

Beautiful 2 bedroom, 2 bath first floor unit. Sunny open floor plan. Large living room, dining room and loft, plus bonus room upstairs with parkay flooring, that can be used as a bedroom or office. Handicap shower on first floor. Central air, indoor pool, tennis courts, and picnic area. Enjoy walking Norwich's the Historic Trail near by. Kayak on the river, and launch and store your canoe or kayak from the property. All assessments are paid.

Last Agent to Sell the Property

Renee Cooper

Compass Connecticut, LLC License #REB.0750462 Listed on: 11/15/2018

Compass Connecticut, LLC

Co-Listed By

Terry Friedman

Compass Connecticut, LLC

Last Buyer's Agent

Derick Garnier

Compass Connecticut, LLC License #RES.0800364

Compass Connecticut, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,799

Year Built

  • Built in 1988

Lot Details

HOA Fees

  • $402 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding

Interior Spaces

  • 1,066 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Bonus Room

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Indoor Pool
  • Walking Distance to Water
  • Outdoor Grill

Schools

  • Pboe Elementary School
  • Norwich Free Academy High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

Overview

  • Association fees include tennis, grounds maintenance, trash pickup, snow removal, property management, insurance
  • 121 Units
  • Falls Mill Community
  • Property managed by Falls Mill

Amenities

  • Laundry Facilities

Recreation

  • Community Indoor Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,799

Year Built

Built in 1988

Lot Details

0

HOA Fees

$402 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1066
  • Public Record Living Room Sq Ft: 1066
  • Total Sq Ft: 1066
  • Year Built: 1988
  • Nearby Amenities: Tennis Courts
  • Association Amenities: Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1066
  • Tax Year Updated Dt: 07/15/2019
  • Directions: Sachem Street to Yantic Street
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Cook Top, Refrigerator, Dishwasher
  • Additional Rooms: Bonus Room
  • Laundry Room Info: Common Laundry Area
  • Attic: No

Exterior Features

  • Exterior Features: Grill, Tennis Court
  • Exterior Siding: Brick
  • Waterfront Description: River, Walk to Water
  • Swimming Pool: No
  • Pool: Indoor Pool
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • Complex Name: Falls Mill
  • HOA Fees: 402
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-on Site
  • Property Manager Email: robin@fallsmill.com
  • Property Manager Name: Robin Keator
  • Property Manager Phone: (860) 889-3255
  • Property Mgt Company Name: Falls Mill
  • Property Mgt Phone: (860) 889-3255

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Zoning: MF

Rental Info

  • Pets Allowed Info: one small dog
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 3799
  • Mil Rate Base: 41.000
  • Mil Rate Tax District: 6.000
  • Assessor Parcel Number: 2021368

Multi Family

  • Total Num Of Units: 121

MLS Schools

  • Elementary School: PBOE
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2018
Closed on
Jun 8, 2019
Sold by
Derr Amy M and Derr Edward A
Bought by
Lee Novella and Thompson William J
Seller's Agent
Renee Cooper
Compass Connecticut, LLC
Buyer's Agent
Derick Garnier
Compass Connecticut, LLC
List Price
$94,900
Sold Price
$82,000
Premium/Discount to List
-$12,900
-13.59%
Current Estimated Value
$198,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,366
Avg. Annual Appreciation
14.80%
Original Mortgage
$77,900
Outstanding Balance
$68,214
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,152

Purchase Details

Closed on
Dec 14, 2007
Sold by
Tusia David
Bought by
Derr Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,400
Interest Rate
6.3%

Purchase Details

Closed on
Apr 20, 2004
Sold by
Moran Cynthia
Bought by
Tusia David

Purchase Details

Closed on
Nov 27, 2002
Sold by
Jencik Lorraine
Bought by
Universal Suppliers

Purchase Details

Closed on
Aug 30, 1999
Sold by
Thomas Jefferson Lp
Bought by
Jencik Lorraine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Novella $82,000 --
Lee Novella $82,000 --
Derr Edward $146,000 --
Derr Edward $146,000 --
Tusia David $99,900 --
Tusia David $99,900 --
Universal Suppliers $46,500 --
Universal Suppliers $46,500 --
Jencik Lorraine $58,000 --
Jencik Lorraine $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Novella $77,900
Closed Lee Novella $77,900
Previous Owner Jencik Lorraine $122,792
Previous Owner Jencik Lorraine $131,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2019 07/11/19 Sold $82,000 -13.6% $77 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $94,900 0.0% $89 / Sq Ft
06/26/2017 06/26/17 Rented $1,200 0.0% --
06/26/2017 06/26/17 Under Contract -- -- --
05/09/2017 05/09/17 For Rent $1,200 -- --
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 $4,484 $110,800 $0 $110,800
2024 $4,233 $110,800 $0 $110,800
2023 $2,811 $57,800 $0 $57,800
2022 $2,802 $57,800 $0 $57,800
2021 $2,811 $57,800 $0 $57,800
2020 $2,802 $57,800 $0 $57,800
2019 $2,774 $57,800 $0 $57,800
2018 $3,799 $78,500 $0 $78,500
2017 $3,826 $78,500 $0 $78,500
2016 $3,851 $78,500 $0 $78,500
2015 $3,773 $78,500 $0 $78,500
2014 $3,606 $78,500 $0 $78,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170141997

SmartMLS

APN: NORW-000092-000002-000004-000140