NOT LISTED FOR SALE

Estimated Value: $125,000 - $173,000

1 Bed
1 Bath
681 Sq Ft
$252/mo HOA Fee

Last Sold August 03, 2017

Last sale price $36,200 $53 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $1,244/month

7 Days on Market

Highlights

  • River Front
  • Community Basketball Court
  • Laundry Facilities
  • Community Pool
  • Guest Parking
  • 4-minute walk to Yantic Falls / Indian leap

About This Home

As of August 2017

Stunning loft style condo, many upgrades throughout. Huge oversized windows, exposed brick walls, original beamed ceilings. The 2nd floor is an open loft with large walk in closet.Falls Mill is a renovated Mill building with 121 condominiums, seasonal pool, tennis, BBQ area alongside the Yantic River. Absolutely fabulous views of the waterfall, partial heat and a/c & water included in monthly condo fee.

Last Agent to Sell the Property

Jonathan Gineo

Silver and Oak Realty License #REB.0790984 Listed on: 06/19/2017

Last Buyer's Agent

Robin Keator

Compass Connecticut, LLC License #RES.0353941

Compass Connecticut, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,678

Year Built

  • Built in 1988

HOA Fees

  • $252 Monthly HOA Fees

Home Design

  • 681 Sq Ft Home
  • Masonry Siding

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Guest Parking
  • Visitor Parking

Schools

  • Pboe Elementary School
  • Norwich Free Academy High School

Additional Features

  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, property management, snow removal, taxes, trash pickup
  • 150 Units
  • Falls Mill Community
  • Property managed by Falls River Condos

Amenities

  • Laundry Facilities

Recreation

  • Community Basketball Court
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,678

Year Built

Built in 1988

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Neighborhood: Yantic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Public Record Living Room Sq Ft: 681
  • Total Sq Ft: 681
  • Year Built: 1988
  • Nearby Amenities: Basketball Court, Pool
  • Association Amenities: Basketball Court, Guest Parking, Pool
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 681
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

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

Exterior Features

  • Exterior Siding: Brick
  • Waterfront Description: River
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Total Parking Spaces: 1

Utilities

  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Property Management, Snow Removal, Taxes, Trash Pickup
  • Complex Name: Falls Mill
  • Levels In Unit: 3
  • HOA Fees: 252
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Manager Email: RobinFallsMill@aol.com
  • Property Manager Name: Robin Keator
  • Property Manager Phone: 860.889.3255
  • Property Mgt Company Name: Falls River Condos
  • Property Mgt Phone: 860.889.3255

Schools

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

Rental Info

  • Pets Allowed Info: Per Assoc.
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Property Tax: 1678
  • Total Assessed Value: 34200
  • Mil Rate Total: 49.060
  • Assessor Parcel Number: 2093261

Multi Family

  • Total Num Of Units: 150

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2017
Sold by
Chfa
Bought by
Department Of Housing & Urban Dev
Current Estimated Value
$143,402

Purchase Details

Closed on
Jan 16, 2007
Sold by
Franchi Fred
Bought by
Ainslee Megen and Pindell William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.18%
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
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev $113,500 --
Department Of Housing & Urban Dev $113,500 --
Ainslee Megen $113,500 --
Ainslee Megen $113,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ainslee Megen $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2017 08/03/17 Sold $36,200 +3.4% $53 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $35,000 -- $51 / 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 $2,529 $62,500 $0 $62,500
2024 $2,388 $62,500 $0 $62,500
2023 $1,625 $33,400 $0 $33,400
2022 $1,619 $33,400 $0 $33,400
2021 $1,625 $33,400 $0 $33,400
2020 $1,619 $33,400 $0 $33,400
2019 $1,603 $33,400 $0 $33,400
2018 $1,655 $34,200 $0 $34,200
2017 $1,667 $34,200 $0 $34,200
2016 $1,678 $34,200 $0 $34,200
2015 $1,644 $34,200 $0 $34,200
2014 $1,571 $34,200 $0 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10230899

SmartMLS

APN: NORW-000092-000002-000004-000147