NOT LISTED FOR SALE

209 Laurel Hill Ave Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $238,000 - $284,000

2 Beds
3 Baths
1,469 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $89,900 $61 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,863/month

94 Days on Market

Highlights

  • No HOA
  • Porch
  • Level Lot
  • Thermal Windows
  • Baseboard Heating

About This Home

As of June 2016

Its an investment! Its an owner occupied! This building features a great 3 bedroom 2 bath remodeled main unit on 2 levels with laundry hookup ,nice size rooms,separate utilities and rents at $1050 a month. The lower unit features 2 bedrooms with a separate entrance and rents at $650 a month. There is a 1 car detached garage .The surprising part is not obvious from the street-its the yard-a great big yard for picnics, barbecues or ball playing.Currently fully rented at $1700 a month its either a simple investment property that makes money or a great owner occupied with an income kicker. All loans including CHFA and FHA welcome!

Last Agent to Sell the Property

Leo Chomen

Signature Properties of NewEng License #RES.0752883 Listed on: 01/05/2016

Last Buyer's Agent

Leo Chomen

Signature Properties of NewEng License #RES.0752883 Listed on: 01/05/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,871

Year Built

  • Built in 1880

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1,469 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

  • Pboe Elementary School
  • Norwich Free Academy High School

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,871

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 1469
  • Year Built: 1880
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 12 is Laurel Hill Ave. - # 209
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Laundry Room Location: First Floor
  • Attic: No
  • Stories Number Of: 2
  • Street Number Modifier: 209

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 1
  • Driveway Type: Paved
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.3100
  • Lot Description: Level Lot, Sloping Lot

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Property Tax: 2871
  • Total Assessed Value: 70200
  • Mil Rate Total: 40.900
  • Assessor Parcel Number: 2029084

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2016
Closed on
Jun 1, 2016
Sold by
209 Laurel Hill Llc
Bought by
Orlando Christopher
Seller's Agent
Leo Chomen
Signature Properties of NewEng
Buyer's Agent
Leo Chomen
Signature Properties of NewEng
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$260,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,515
Avg. Annual Appreciation
12.63%
Original Mortgage
$88,271
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2011
Sold by
Schaefer Erik T
Bought by
209 Laurel Hill Llc

Purchase Details

Closed on
Apr 27, 2011
Sold by
Bayview Loan Svcng Llc
Bought by
Schaefer Erik T

Purchase Details

Closed on
Nov 22, 2010
Sold by
Cafone Natalie
Bought by
Bayview Loan Svcng Llc

Purchase Details

Closed on
Dec 3, 2001
Sold by
Riddel David M and Riddel Linda
Bought by
Cofone Natale

Purchase Details

Closed on
Jan 21, 1987
Sold by
Gilbert Donna K
Bought by
Riddel David M
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
Orlando Christopher -- --
Orlando Christopher -- --
209 Laurel Hill Llc -- --
209 Laurel Hill Llc -- --
Schaefer Erik T $53,500 --
Schaefer Erik T $53,500 --
Bayview Loan Svcng Llc -- --
Bayview Loan Svcng Llc -- --
Cofone Natale $62,000 --
Cofone Natale $62,000 --
Riddel David M $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orlando Christopher $120,000
Closed Orlando Christopher $88,271
Closed Orlando Christopher $7,600
Previous Owner Riddel David M $165,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $89,900 +13730.8% $61 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
02/28/2016 02/28/16 Rented $650 0.0% --
02/18/2016 02/18/16 Under Contract -- -- --
02/08/2016 02/08/16 For Rent $650 0.0% --
01/05/2016 01/05/16 For Sale $89,900 0.0% $61 / Sq Ft
04/23/2014 04/23/14 Rented $650 -7.1% --
04/12/2014 04/12/14 Under Contract -- -- --
01/24/2014 01/24/14 For Rent $700 -- --
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 $5,326 $131,600 $46,000 $85,600
2024 $5,027 $131,600 $46,000 $85,600
2023 $3,945 $81,100 $28,400 $52,700
2022 $3,932 $81,100 $28,400 $52,700
2021 $3,945 $81,100 $28,400 $52,700
2020 $3,931 $81,100 $28,400 $52,700
2019 $3,892 $81,100 $28,400 $52,700
2018 $3,397 $70,200 $23,200 $47,000
2017 $3,422 $70,200 $23,200 $47,000
2016 $3,444 $70,200 $23,200 $47,000
2015 $3,374 $70,200 $23,200 $47,000
2014 $3,224 $70,200 $23,200 $47,000
Source: Public Records

Agents Affiliated with this Home

  • Leo Chomen

    Seller's Agent in 2016

    Leo Chomen

    Signature Properties of NewEng

    (860) 447-8839

    35 in this area

    176 Total Sales

    Leo Chomen
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Map

Source: SmartMLS

MLS Number: E10101465

SmartMLS

APN: NORW-000110-000002-000030

Connecticut New London County Norwich 06360 Central Norwich

209 Laurel Hill Ave, Norwich, CT

This home is located at 209 Laurel Hill Ave, Norwich, CT 06360 since 05 January 2016 and is currently estimated at $260,415, approximately $177 per square foot. This property was built in 1880. 209 Laurel Hill Ave is a home located in New London County with nearby schools including Veterans' Memorial Elementary School, Kelly STEAM Magnet Middle School, and Integrated Day Charter School.

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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