NOT LISTED FOR SALE

21 Ripley Place Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $268,564 - $331,000

4 Beds
3 Baths
2,120 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $290,000 $137 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,068/month

89 Days on Market

Highlights

  • Attic
  • Hot Water Circulator
  • Hot Water Heating System

About This Home

As of September 2024

Welcome to this fantastic investment opportunity! Investors and owner-occupants alike, take notice of this 2-family home boasting a strong rental history.The left unit features 3-4 bedrooms and 2 full bathrooms, offering spacious accommodations.The right side unit, comprising of 1 bedroom, 1 bathroom is currently rented but both units can be made available at buyer's discretion.The roof is about 12 years old, providing peace of mind for future maintenance considerations. Don't miss out on the chance to acquire a great income-generating property with promising returns. Schedule an appointment today! Selling "AS IS"

Last Agent to Sell the Property

Joel Cassar

RE/MAX Legends License #RES.0806127 Listed on: 04/22/2024

RE/MAX Legends

Last Buyer's Agent

Carlos Luque

Luque Realty LLC License #REB.0793465

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,524

Year Built

  • Built in 1860

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,120 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Norwich Free Academy High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2029471

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,524

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2120
  • Total Sq Ft: 2120
  • Year Built: 1860
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS
  • Financing Used: FHA
  • Living Area Sq Ft Per Public Record: 2120
  • Street Type: Place
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 21

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete, Stone
  • Roof Information: Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.17
  • Lot Description: Corner Lot Lightly Wooded Level Lot
  • Zoning: MF
  • Parcel #: 2029471

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5524
  • Total Assessed Value: 144600
  • Mil Rate Total: 38.2

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
Apr 22, 2024
Closed on
Sep 24, 2024
Sold by
P & H Prop Solutions Llc
Bought by
Feliciano Brayant
Seller's Agent
Joel Cassar
RE/MAX Legends
Buyer's Agent
Carlos Luque
Luque Realty LLC
List Price
$269,900
Sold Price
$290,000
Premium/Discount to List
$20,100
7.45%
Views
85
Current Estimated Value
$298,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,141
Avg. Annual Appreciation
2.70%
Original Mortgage
$284,747
Outstanding Balance
$281,239
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$16,902

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 26, 2021
Sold by
Lin Xiao R
Bought by
P & H Prop Solution Llc
Seller's Agent
Helen Yu
Coldwell Banker Realty
Buyer's Agent
Joel Cassar
RE/MAX Legends
List Price
$129,000
Sold Price
$112,000
Premium/Discount to List
-$17,000
-13.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.19%
Original Mortgage
$139,050
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2010
Sold by
Aurora Loan Service Ll
Bought by
Lin Xiao

Purchase Details

Closed on
Dec 24, 2009
Sold by
Sosa Cesario
Bought by
Aurora Loan Service Ll

Purchase Details

Closed on
Sep 21, 2005
Sold by
Scott Sheila
Bought by
Sosa Cesario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.92%

Purchase Details

Closed on
Sep 24, 2002
Sold by
Lower Valley Int and Wolak William
Bought by
Haas Sheila

Purchase Details

Closed on
Jun 21, 1988
Sold by
Ternes Charles
Bought by
Brodeur Marta K
Source: Public Records

Range of Values:

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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
Feliciano Brayant $290,000 None Available
Feliciano Brayant $290,000 None Available
Feliciano Brayant $290,000 None Available
P & H Prop Solution Llc $112,000 None Available
P & H Prop Solution Llc $112,000 None Available
P & H Prop Solution Llc $112,000 None Available
Lin Xiao $63,000 --
Lin Xiao $63,000 --
Aurora Loan Service Ll -- --
Aurora Loan Service Ll -- --
Sosa Cesario $225,000 --
Sosa Cesario $225,000 --
Haas Sheila $134,900 --
Haas Sheila $134,900 --
Brodeur Marta K $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feliciano Brayant $284,747
Closed Feliciano Brayant $284,747
Previous Owner P & H Prop Solution Llc $139,050
Previous Owner Brodeur Marta K $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2024 09/24/24 Sold $290,000 +7.4% $137 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $269,900 +141.0% $127 / Sq Ft
08/26/2021 08/26/21 Sold $112,000 -13.2% $53 / Sq Ft View Prior Sale
07/02/2021 07/02/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $129,000 0.0% $61 / Sq Ft
11/01/2014 11/01/14 Rented $550 0.0% --
10/23/2014 10/23/14 Under Contract -- -- --
10/01/2014 10/01/14 For Rent $550 -54.2% --
10/01/2013 10/01/13 Rented $1,200 -7.7% --
10/01/2013 10/01/13 Under Contract -- -- --
09/20/2013 09/20/13 For Rent $1,300 -- --
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 $5,852 $144,600 $33,900 $110,700
2024 $5,524 $144,600 $33,900 $110,700
2023 $4,076 $83,800 $16,800 $67,000
2022 $4,063 $83,800 $16,800 $67,000
2021 $4,076 $83,800 $16,800 $67,000
2020 $4,062 $83,800 $16,800 $67,000
2019 $4,022 $83,800 $16,800 $67,000
2018 $3,610 $74,600 $15,800 $58,800
2017 $3,636 $74,600 $15,800 $58,800
2016 $3,660 $74,600 $15,800 $58,800
2015 $3,585 $74,600 $15,800 $58,800
2014 $3,426 $74,600 $15,800 $58,800
Source: Public Records

Agents Affiliated with this Home

  • Joel Cassar

    Seller's Agent in 2024

    Joel Cassar

    RE/MAX

    (860) 705-6847

    31 in this area

    81 Total Sales

    Joel Cassar
    Section Image
  • Carlos Luque

    Buyer's Agent in 2024

    Carlos Luque

    Luque Realty LLC

    (860) 784-7135

    4 in this area

    36 Total Sales

    Carlos Luque
    Section Image

  • H

    Seller's Agent in 2021

    Helen Yu

    Coldwell Banker Realty

    (860) 625-2528

    14 in this area

    39 Total Sales

    Helen Yu
    Section Image
  • Weimin Qian

    Seller's Agent in 2014

    Weimin Qian

    Wayne Realty

    (860) 460-9846

    40 Total Sales

    Weimin Qian
    Section Image
  • Banglian Gao

    Seller's Agent in 2013

    Banglian Gao

    United Realty Plus

    (860) 518-2068

    17 in this area

    165 Total Sales

    Banglian Gao
    Section Image
  • Ingrid Lin

    Buyer's Agent in 2013

    Ingrid Lin

    Wayne Realty

    (860) 271-9444

    25 Total Sales

    Ingrid Lin
    Section Image
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Map

Source: SmartMLS

MLS Number: 24011677

SmartMLS

APN: NORW-000102-000007-000041

Connecticut New London County Norwich 06360 Central Norwich

21 Ripley Place, Norwich, CT

This home is located at 21 Ripley Place, Norwich, CT 06360 since 22 April 2024 and is currently estimated at $298,141, approximately $140 per square foot. This property was built in 1860. 21 Ripley Place 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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