NOT LISTED FOR SALE

Falls Mill Condominiums 150 Yantic St Unit 305 Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $150,000 - $154,984

1 Bed
1 Bath
776 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $125,000 $161 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,405/month

8 Days on Market

Highlights

  • Indoor Pool
  • Tennis Courts
  • Laundry Facilities
  • River Front
  • Elevator
  • 4-minute walk to Yantic Falls / Indian leap

About This Home

As of October 2023

Here is the unit you've been waiting for. This 3rd floor unit is accessed by a staircase or the elevator. Once inside the unit you'll be amazed at its size.The unit has wood floors, post and beam ceiling (remnants of the old factory) and a 2 story exposed brick wall. The updated kitchen is to your right when entering with dining area and living room beyond. The upstairs loft area encompasses the bedroom and remodeled full bath. The Falls Mill complex is a unique location right on the Yantic River. The complex offers views of the river with areas to sit and enjoy the water. The Falls Mill association also offers an indoor pool and a community laundry room. Close to Backus Hospital, Major highways and shopping. Why rent when you can own this loft unit style condo. Seller has received multiple offers and is asking for Highest and Best by 12noon on Sunday September 24, 2023.

Last Agent to Sell the Property

Eric Radziunas

Coldwell Banker Realty License #RES.0791085 Listed on: 09/16/2023

Coldwell Banker Realty

Last Buyer's Agent

Janise Gabco

Our Home Realty Advisors License #RES.0805565

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,286

Year Built

  • Built in 1988

Lot Details

HOA Fees

  • $313 Monthly HOA Fees

Home Design

  • 776 Sq Ft Home
  • Brick Exterior Construction
  • Masonry Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Off-Street Parking

Pool

  • Indoor Pool
  • Outdoor Pool

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management
  • 121 Units
  • Falls Mill Community

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Basketball Court
  • Community Indoor Pool

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,286

Year Built

Built in 1988

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 776
  • Public Record Living Room Sq Ft: 776
  • Total Sq Ft: 776
  • Year Built: 1988
  • Association Amenities: Basketball Court, Elevator, Pool, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 776
  • Condo Model Name: Townhouse
  • Directions: Lafayette to Sherman to Yantic
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Info: Common Laundry Area
  • Attic: No

Exterior Features

  • Exterior Siding: Brick
  • Waterfront Description: Direct Waterfront, River
  • Swimming Pool: Yes
  • Pool: Indoor Pool
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot

Utilities

  • Cooling System: Heat Pump, Wall Unit
  • Heat Type: Heat Pump, Wall Unit
  • 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, Trash Pickup, Snow Removal, Property Management
  • Complex Name: Falls Mill
  • HOA Fees: 313
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Lot Description: Level Lot
  • Zoning: MF

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 2286
  • Mil Rate Base: 41.850
  • Mil Rate Tax District: 6.790
  • Assessor Parcel Number: 2021440

Multi Family

  • Total Num Of Units: 121

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Fulcher Philip and Rinaldi Dennis
Bought by
C & B Developments Llc
Current Estimated Value
$153,246

Purchase Details

Listed on
Sep 16, 2023
Closed on
Oct 20, 2023
Sold by
Merle Brandon L
Bought by
Fulcher Philip and Rinaldi Dennis
Seller's Agent
Eric Radziunas
Coldwell Banker Realty
Buyer's Agent
Janise Gabco
Our Home Realty Advisors
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$93,750
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2023
Sold by
Colon Jeanne
Bought by
Merle Brandon L

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 11, 2020
Sold by
Goldblatt Matthew D
Bought by
Merle Brandon L and Merle Jeanne C
Seller's Agent
Robin Keator
Compass Connecticut, LLC
Buyer's Agent
Yajaira Elliott
eXp Realty
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.53%

Purchase Details

Closed on
Mar 24, 2011
Sold by
Geer Deborah
Bought by
Goldblatt Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2006
Sold by
Iaccarino Michael and Iaccarino Jennifer
Bought by
Geer Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,700
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Zelinsky Stephen E
Bought by
Iaccarino Michael J and Iaccarino Jennifer L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
C & B Developments Llc -- None Available
C & B Developments Llc -- None Available
C & B Developments Llc -- None Available
Fulcher Philip $125,000 None Available
Fulcher Philip $125,000 None Available
Fulcher Philip $125,000 None Available
Merle Brandon L -- None Available
Merle Brandon L -- None Available
Merle Brandon L -- None Available
Merle Brandon L -- None Available
Merle Brandon L -- None Available
Merle Brandon L -- None Available
Goldblatt Matthew D $76,000 --
Goldblatt Matthew D $76,000 --
Geer Deborah $92,200 --
Geer Deborah $92,200 --
Iaccarino Michael J $49,000 --
Iaccarino Michael J $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fulcher Philip $93,750
Previous Owner Iaccarino Michael J $60,000
Previous Owner Iaccarino Michael J $73,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Sold $125,000 +4.3% $161 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $119,900 +84.5% $155 / Sq Ft
08/10/2020 08/10/20 Sold $65,000 -7.0% $84 / Sq Ft View Prior Sale
07/08/2020 07/08/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $69,900 -- $90 / 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 $3,424 $84,600 $0 $84,600
2024 $3,232 $84,600 $0 $84,600
2023 $2,286 $47,000 $0 $47,000
2022 $2,279 $47,000 $0 $47,000
2021 $2,286 $47,000 $0 $47,000
2020 $2,278 $47,000 $0 $47,000
2019 $2,256 $47,000 $0 $47,000
2018 $1,747 $36,100 $0 $36,100
2017 $1,760 $36,100 $0 $36,100
2016 $1,771 $36,100 $0 $36,100
2015 $1,735 $36,100 $0 $36,100
2014 $1,658 $36,100 $0 $36,100
Source: Public Records

Agents Affiliated with this Home

  • Eric Radziunas

    Seller's Agent in 2023

    Eric Radziunas

    Coldwell Banker

    (203) 530-9244

    1 in this area

    147 Total Sales

    Eric Radziunas
    Section Image
  • Janise Gabco

    Buyer's Agent in 2023

    Janise Gabco

    Our Home Realty Advisors

    (860) 739-6277

    16 in this area

    75 Total Sales

    Janise Gabco
    Section Image
  • Robin Keator

    Seller's Agent in 2020

    Robin Keator

    Compass Connecticut, LLC

    (860) 884-7187

    22 in this area

    32 Total Sales

    Robin Keator
    Section Image
  • Yajaira Elliott

    Buyer's Agent in 2020

    Yajaira Elliott

    eXp Realty

    (866) 828-3951

    1 in this area

    7 Total Sales

    Yajaira Elliott
    Section Image
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About Falls Mill Condominiums

Map

Source: SmartMLS

MLS Number: 170598467

SmartMLS

APN: NORW-000092-000002-000004-000305

Connecticut New London County Norwich 06360 Central Norwich

150 Yantic St Unit 305, Norwich, CT

Not Listed for Sale

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