NOT LISTED FOR SALE

16 Sherman St Unit 16A Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $115,000 - $152,529

1 Bed
1 Bath
553 Sq Ft
$215/mo HOA Fee

Last Sold April 15, 2016

Last sale price $34,900 $63 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $1,104/month

193 Days on Market

Highlights

  • Health Club
  • Property is near public transit
  • End Unit
  • Medical Services
  • 1 Fireplace
  • 1-minute walk to Yantic Falls / Indian leap

About This Home

As of April 2016

Great condo with recent updates!! Newer Kitchen with a large eat-in area! Newer Bath with a Jacuzzi tub! Fireplace in the livingroom! Hardwood floors in the livingroom and kitchen!!Fully applianced!! Central Air!!

Last Agent to Sell the Property

Lora Merrill

William Raveis Real Estate License #RES.0762097 Listed on: 07/20/2015

Last Buyer's Agent

Lora Merrill

William Raveis Real Estate License #RES.0762097 Listed on: 07/20/2015

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Clap Board Siding

Interior Spaces

  • 553 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop
  • Property is near a golf course

Schools

  • Pboe Elementary And Middle School
  • Kelly Middle School
  • Norwich Free Academy High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Rain Gutters
  • End Unit

Community Details

Overview

  • Association fees include grounds maintenance, property management, trash pickup
  • 31 Units
  • Property managed by Owners Association

Amenities

  • Medical Services

Recreation

  • Health Club
  • Community Playground
  • Putting Green
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: Yes
  • Total Sq Ft: 553
  • Year Built: 1986
  • Nearby Amenities: Commuter Bus, Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Public Rec Facilities, Shopping/Mall, Public Trash Pickup, Walk to Bus Lines
  • Association Amenities: Putting Green, Health Club, Medical Facilities, Park, Playground/Tot Lot
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 16
  • Directions: Washington Street to Sachem Street to Sherman Street
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range, Refrigerator
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Gutters, Sidewalk
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Heat Pump, Hot Air
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Property Management, Trash Pickup
  • Levels In Unit: 2
  • HOA Fees: 215
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Manager Name: Dominic Lucente
  • Property Mgt Company Name: Owners Association
  • Property Mgt Phone: Owners Association

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: Norwich Free Academy
  • Intermediate School: Kelly

Rental Info

  • Pets Allowed Info: dogs/cats
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 1950
  • Total Assessed Value: 47700
  • Mil Rate Total: 40.900
  • Assessor Parcel Number: 2416794

Multi Family

  • Total Num Of Units: 31

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2015
Closed on
Apr 15, 2016
Sold by
Bogart Michaela
Bought by
Lara Rene A
Seller's Agent
Lora Merrill
William Raveis Real Estate
Buyer's Agent
Lora Merrill
William Raveis Real Estate
List Price
$39,800
Sold Price
$34,900
Premium/Discount to List
-$4,900
-12.31%
Total Days on Market
193
Current Estimated Value
$130,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,732
Avg. Annual Appreciation
15.50%

Purchase Details

Closed on
Mar 31, 2005
Sold by
Price Jasen
Bought by
Bogart Michaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Lara Rene A $34,900 --
Lara Rene A $34,900 --
Bogart Michaela $96,000 --
Bogart Michaela $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bogart Michaela $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $34,900 -12.3% $63 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
07/20/2015 07/20/15 For Sale $39,800 -- $72 / 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
2024 $1,860 $48,700 $0 $48,700
2023 $2,680 $55,100 $0 $55,100
2022 $2,671 $55,100 $0 $55,100
2021 $2,680 $55,100 $0 $55,100
2020 $2,671 $55,100 $0 $55,100
2019 $2,644 $55,100 $0 $55,100
2018 $2,308 $47,700 $0 $47,700
2017 $2,325 $47,700 $0 $47,700
2016 $2,340 $47,700 $0 $47,700
2015 $2,292 $47,700 $0 $47,700
2014 $2,191 $47,700 $0 $47,700
Source: Public Records

Agents Affiliated with this Home

  • Lora Merrill

    Seller's Agent in 2016

    Lora Merrill

    William Raveis Real Estate

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Map

Source: SmartMLS

MLS Number: E10065199

SmartMLS

APN: NORW-000084-000001-000035-000161

Connecticut New London County Norwich 06360 Central Norwich

16 Sherman St Unit 16A, Norwich, CT

This home is located at 16 Sherman St Unit 16A, Norwich, CT 06360 since 20 July 2015 and is currently estimated at $130,632, approximately $236 per square foot. This property was built in 1986. 16 Sherman St Unit 16A is a home located in New London County with nearby schools including Samuel Huntington Elementary School, Kelly STEAM Magnet Middle School, and Stoneview Children's University.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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