NOT LISTED FOR SALE

188 Washington St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $381,715 - $518,000

4 Beds
2.5 Baths
4,643 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $76,000 $16 Per Sq Ft

Est. 486% increase in value since last sale

Current estimated payment $3,370/month

292 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • 1 Car Detached Garage
  • 3 Fireplaces
  • No HOA
  • Heating System Uses Steam

About This Home

As of March 2016

This home is located at 188 Washington St, Norwich, CT 06360 since 15 April 2015 and is currently estimated at $445,179, approximately $95 per square foot. This property was built in 1840. 188 Washington St is a home located in New London County with nearby schools including Kelly STEAM Magnet Middle School, Integrated Day Charter School, and Stoneview Children's University.

Last Agent to Sell the Property

Nicole Garbutt

RE/MAX Bell Park Realty License #RES.0765850 Listed on: 04/15/2015

RE/MAX Bell Park Realty

Last Buyer's Agent

Nicole Garbutt

RE/MAX Bell Park Realty License #RES.0765850 Listed on: 04/15/2015

RE/MAX Bell Park Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1840

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 4,643 Sq Ft Home
  • 3 Fireplaces
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Schools

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

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 4643
  • Year Built: 1840
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Washington
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Storage Space
  • Basement Description: Full
  • Attic: No

Exterior Features

  • Exterior Siding: Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Gravel

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: PBOE

Lot Info

  • Acres: 0.3000
  • Lot Description: Corner Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 10908
  • Assessor Parcel Number: 2033327

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
Apr 15, 2015
Closed on
Mar 23, 2016
Sold by
Fhlmc
Bought by
Paluso Joseph
Seller's Agent
Nicole Garbutt
RE/MAX Bell Park Realty
Buyer's Agent
Nicole Garbutt
RE/MAX Bell Park Realty
List Price
$204,900
Sold Price
$76,000
Premium/Discount to List
-$128,900
-62.91%
Current Estimated Value
$445,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,179
Avg. Annual Appreciation
20.04%
Original Mortgage
$70,350
Outstanding Balance
$55,682
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$389,497

Purchase Details

Closed on
Feb 2, 2015
Sold by
Wells Fargo Bank Na
Bought by
Fhlmc

Purchase Details

Closed on
Sep 2, 2004
Sold by
Mtic Aquisitions Llc
Bought by
Stopford Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,859
Interest Rate
6.01%

Purchase Details

Closed on
May 2, 2000
Sold by
Abate William M and Abate Louise M
Bought by
Mtic Aquisition Llc
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
Paluso Joseph $76,000 --
Paluso Joseph $76,000 --
Fhlmc -- --
Wells Fargo Bank Na Tr -- --
Wells Fargo Bank Na Tr -- --
Stopford Karen $240,000 --
Mtic Aquisition Llc $250,000 --
Paluso Joseph $76,000 --
Fhlmc -- --
Stopford Karen $240,000 --
Mtic Aquisition Llc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paluso Joseph $70,350
Closed Paluso Joseph $70,350
Previous Owner Mtic Aquisition Llc $314,859
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2016 03/22/16 Sold $76,000 -62.9% $16 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
04/15/2015 04/15/15 For Sale $204,900 -- $44 / 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 $12,307 $304,100 $40,000 $264,100
2024 $11,617 $304,100 $40,000 $264,100
2023 $10,511 $216,100 $33,800 $182,300
2022 $10,477 $216,100 $33,800 $182,300
2021 $10,511 $216,100 $33,800 $182,300
2020 $10,474 $216,100 $33,800 $182,300
2019 $10,371 $216,100 $33,800 $182,300
2018 $9,881 $204,200 $38,600 $165,600
2017 $12,707 $260,700 $38,600 $222,100
2016 $12,790 $260,700 $38,600 $222,100
2015 $12,529 $260,700 $38,600 $222,100
2014 $11,974 $260,700 $38,600 $222,100
Source: Public Records

Agents Affiliated with this Home

  • Nicole Garbutt

    Seller's Agent in 2016

    Nicole Garbutt

    RE/MAX

    (860) 933-4304

    124 Total Sales

    Nicole Garbutt
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Map

Source: SmartMLS

MLS Number: E10036659

SmartMLS

APN: NORW-000084-000004-000020

Connecticut New London County Norwich 06360 Central Norwich

188 Washington St, Norwich, CT

Not Listed for Sale

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