NOT LISTED FOR SALE

198 Cliff Street Extension Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $301,000 - $395,000

9 Beds
3 Baths
3,836 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 11, 2022

Last sale price $268,500 $70 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,625/month

9 Days on Market

Highlights

  • 0.87 Acre Lot
  • Attic
  • No HOA
  • Partially Wooded Lot
  • Corner Lot
  • Property is near a bus stop

About This Home

As of January 2022

Rare opportunity to own a (3) 3-Bedroom multifamily home. Surrounded on three sides by woods, this very well-maintained, large home sits close to all downtown amenities yet is privately tucked away on a quiet, no-thru street. All units are occupied by long-term, excellent paying tenants who enjoy the privacy and natural surroundings this location offers. Plenty of off-street/on-street parking. Each unit has its own electric panel and heating/hot water system. Central fire alarm system. Large kitchens boast ample cabinets, counter space, pantries, ceiling fans, and washer/dryer hookups. Crown moldings, high ceilings, and wood floors in apartments 1 & 2; Apartment 3 has carpeting, charming window storage boxes/sitting nooks, and a private walkup attic for storage. Apt 1 & 2 share basement storage. A 2-car garage offers additional income opportunities. Many of the apartment photos are from prior vacancies.
"Sale to include adjacent land parcel known as 200 Cliff St Ext - non building lot"

Last Agent to Sell the Property

Mary Nasi-Graham

IMT Realty License #REB.0790230 Listed on: 11/01/2021

Last Buyer's Agent

Laura Ballirano

William Raveis Real Estate License #RES.0813452

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,182

Year Built

  • Built in 1916

Lot Details

  • 0.87 Acre Lot
  • Corner Lot
  • Partially Wooded Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,836 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Off-Street Parking

Location

  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,182

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3836
  • Public Record Living Room Sq Ft: 3836
  • Total Sq Ft: 3836
  • Year Built: 1916
  • Nearby Amenities: Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5482
  • Directions: Please note that the property is located at the intersection of Cliff Street and Roath Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 198

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas, Oil
  • Hot Water Description: Domestic, Electric, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.8700
  • Lot Description: Corner Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: MF

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6182
  • Total Assessed Value: 127100
  • Mil Rate Base: 42.350
  • Mil Rate Tax District: 6.290
  • Mil Rate Total: 48.640
  • Assessor Parcel Number: 2415448

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2004
Sold by
Sims Joshua and Sims Anne Mary
Bought by
Lieske Laura and Lieske Michael
Current Estimated Value
$342,806

Purchase Details

Closed on
Dec 8, 1997
Sold by
Moskowitz Peter and Moskowitz Julie
Bought by
Sims Joshua and Sims Maryanne W

Purchase Details

Closed on
Jun 19, 1989
Sold by
Pires Antonio
Bought by
Moskowitz Peter
Source: Public Records

Range of Values:

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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
Lieske Laura $165,000 --
Lieske Laura $165,000 --
Sims Joshua $100,000 --
Sims Joshua $100,000 --
Moskowitz Peter $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moskowitz Peter $135,000
Closed Moskowitz Peter $136,000
Closed Moskowitz Peter $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2022 01/11/22 Sold $268,500 -0.5% $70 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $269,900 -- $70 / 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 $9,680 $239,200 $38,400 $200,800
2024 $9,137 $239,200 $38,400 $200,800
2023 $6,182 $127,100 $27,200 $99,900
2022 $6,162 $127,100 $27,200 $99,900
2021 $6,182 $127,100 $27,200 $99,900
2020 $6,161 $127,100 $27,200 $99,900
2019 $6,100 $127,100 $27,200 $99,900
2018 $5,754 $118,900 $32,000 $86,900
2017 $5,795 $118,900 $32,000 $86,900
2016 $5,833 $118,900 $32,000 $86,900
2015 $5,714 $118,900 $32,000 $86,900
2014 $5,461 $118,900 $32,000 $86,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170447962

SmartMLS

APN: NORW-000094-000005-000084