NOT LISTED FOR SALE

Estimated Value: $311,000 - $408,000

3 Beds
1 Bath
1,446 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $240,500 $166 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,475/month

40 Days on Market

Highlights

  • Waterfront
  • Deck
  • Attic
  • 0.82 Acre Lot
  • Ranch Style House
  • 1 Fireplace

About This Home

As of June 2019

WATERFRONT! Waterviews day and night!...from the main level, the lower level and the deck. 116’ direct water frontage on Trading Cove, perfect for boating, jet skis and fishing, offering access to the Thames River and Long Island Sound! 1446 total square footage. The house has an open floor plan with the Living Room with fireplace, Dining Area and Kitchen all open to the waterviews toward the west. French doors to the 12’ x 46’ deck from the Living Room and the Master Bedroom, and from the walk out lower level. The 1988 house is in great condition: recent roof, recent deck, recent hardwood floors, recent stainless appliances. 2 BRs plus full bath on the main level, 1 BR plus space for a bathroom in the lower level laundry room. This is IT for those who value water frontage!

Last Agent to Sell the Property

Bill Champagne

William Raveis Real Estate License #REB.0113065 Listed on: 05/08/2019

William Raveis Real Estate

Last Buyer's Agent

Michael Pappa

Capital Prop World Class BR License #REB.0521101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,519

Year Built

  • Built in 1988

Lot Details

  • 0.82 Acre Lot
  • Waterfront
  • Sloped Lot
  • Property is zoned R17.5

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1 Fireplace
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Schools

  • Norwich Free Academy High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,519

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1104
  • Public Record Living Room Sq Ft: 1104
  • Sq Ft Est Heated Below Grade: 342
  • Total Sq Ft: 1446
  • Year Built: 1988
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2760
  • Tax Year Updated Dt: 07/15/2019
  • Directions: RT 32, Lucas Park Rd, right on Ledgewood
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Partially Finished
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 17

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy

Lot Info

  • Acres: 0.8200
  • Lot Description: In Subdivision, Water View, Sloping Lot
  • Zoning: R17.5

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 4519
  • Total Assessed Value: 109000
  • Mil Rate Base: 41.000
  • Mil Rate Total: 41.460
  • Assessor Parcel Number: 2415562

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jun 21, 2019
Sold by
Drowne Scott M
Bought by
Pappa Philip and Pappa Susan
Seller's Agent
Bill Champagne
William Raveis Real Estate
Buyer's Agent
Michael Pappa
Capital Prop World Class BR
List Price
$238,000
Sold Price
$240,500
Premium/Discount to List
$2,500
1.05%
Current Estimated Value
$359,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,940
Avg. Annual Appreciation
7.48%
Original Mortgage
$192,400
Outstanding Balance
$169,884
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$207,660

Purchase Details

Closed on
Sep 23, 2004
Sold by
Lombardi John and Lombardi Holly
Bought by
Drowne Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
5.89%

Purchase Details

Closed on
Jun 14, 2004
Sold by
Sullivan Joseph and Chicoski Angela
Bought by
Lombardi John and Lombardi Holly

Purchase Details

Closed on
Mar 24, 2000
Sold by
Thomas Ellie Hugh and Thomas Rebecca M
Bought by
Sullivan Joseph and Chicoski Angela
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
Pappa Philip $240,500 --
Pappa Philip $240,500 --
Drowne Scott $235,000 --
Drowne Scott $235,000 --
Lombardi John $207,050 --
Lombardi John $207,050 --
Sullivan Joseph $125,900 --
Sullivan Joseph $125,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pappa Philip $192,400
Closed Pappa Philip $192,400
Previous Owner Sullivan Joseph $251,595
Previous Owner Sullivan Joseph $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $240,500 +1.1% $166 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $238,000 -- $165 / 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 $6,830 $196,200 $80,400 $115,800
2024 $6,524 $196,200 $80,400 $115,800
2023 $5,106 $122,000 $55,000 $67,000
2022 $5,146 $122,000 $55,000 $67,000
2021 $4,917 $116,100 $54,900 $61,200
2020 $4,925 $116,200 $55,000 $61,200
2019 $4,722 $116,200 $55,000 $61,200
2018 $4,519 $109,000 $50,500 $58,500
2017 $4,433 $109,000 $50,500 $58,500
2016 $4,544 $109,000 $50,500 $58,500
2015 $4,512 $109,000 $50,500 $58,500
2014 $4,255 $109,000 $50,500 $58,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170196117

SmartMLS

APN: NORW-000130-000002-000040