NOT LISTED FOR SALE

Estimated Value: $177,000 - $190,576

1 Bed
1 Bath
576 Sq Ft
$437/mo HOA Fee

Last Sold November 28, 2022

Last sale price $125,000 $217 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,670/month

7 Days on Market

Highlights

  • Pool House
  • Partially Wooded Lot
  • End Unit
  • Clubhouse
  • 1 Fireplace
  • Exercise Course

About This Home

As of November 2022

This Country Suite is perfectly located within the complex known as The Villas at the Norwich Inn. Privately situated near the main clubhouse with the heated saltwater swimming pool, saltwater Jacuzzi, exercise room, men and women separate saunas and shower as well as a short walk to The Spa at Norwich Inn should you choose to book treatments. You can even easily walk to the 18 hole par 71 Norwich Golf Course and driving range as well as the indoor ice skating rink. This Villa is also located in a perfect area halfway between Boston (less than 2 hrs) and NYC (approx 2 1/2 hrs). Rte 395 is only 1.5 miles area for an easy drive from the Hartford areas (approx 30 min). Cross Sound Ferry is approx 15 min away if you live in Long Island - simply board at Orient Point. When you are here there is so much to do - beaches such as Rocky Neck State Beach or Watch Hill, casinos - Mohegan Sun for headliner entertainment, top of the line restaurants and shopping (only 1 mile away) and Foxwoods which also has zip lining, bowling alley, go Karts and Tanger Outlets. Perhaps you want to stay at your Villa..no problem - 2 saltwater swimming pools, 1 mile walking trails over arched bridges, spring-fed ponds and 12.51 acres of professional landscaping. This is a real retreat whether you choose to live here all year, use it as a vacation home or perhaps also as an investment. Some owners Airbnb these now when they are not in residence. Unique and Gorgeous Complex - Welcome Home!

Last Agent to Sell the Property

Barbara Sullivan

Sullivan Real Estate Group License #REB.0788489 Listed on: 10/02/2022

Last Buyer's Agent

John Fusaro

Coldwell Banker Coastal Homes License #RES.0773100

Coldwell Banker Coastal Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,117

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • Cul-De-Sac
  • Partially Wooded Lot

HOA Fees

  • $437 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 576 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Paved Parking
  • Guest Parking
  • Visitor Parking
  • Parking Lot
  • Off-Street Parking

Pool

  • Pool House
  • Heated In Ground Pool
  • Spa
  • Saltwater Pool

Schools

  • John B. Stanton Elementary School
  • Norwich Free Academy High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is near a golf course

Listing and Financial Details

  • Exclusions: bookcase

Community Details

Overview

  • Association fees include club house, grounds maintenance, trash pickup, snow removal, property management, pool service, road maintenance, insurance
  • 160 Units
  • The Villas At The Norwich Inn Community
  • Property managed by Myriad Property Mgt

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Exercise Course
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,117

Year Built

Built in 1986

Lot Details

0

HOA Fees

$437 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Sq Ft Est Heated Above Grade: 576
  • Public Record Living Room Sq Ft: 576
  • Total Sq Ft: 576
  • Year Built: 1986
  • Nearby Amenities: Golf Course, Health Club, Putting Green
  • Association Amenities: Club House, Exercise Room/Health Club, Guest Parking, Pool
  • Property Sub Type: Condominium
  • Exclusions: bookcase
  • Direct Waterfront: No
  • Encumbrances Restrictions: Boats
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 624
  • Condo Model Name: Country Suite
  • Directions: GPS use 607 West Thames St, Norwich for entrance...2nd stop sign take a right into The Villas - 1st cul-de-sac on left - 1st bldg #2 - downstairs corner left
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Location: clubhouses - coin or credit - phone app
  • Laundry Room Info: Common Laundry Area
  • Attic: No

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Clapboard, Wood
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Spa, Heated, Salt Water
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking, Parking Lot
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Heat Pump
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pool Service, Road Maintenance, Insurance
  • Complex Name: The Villas at the Norwich Inn
  • HOA Fees: 437
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-on Site
  • Property Manager Email: clubatnorwich@gmail.com
  • Property Manager Name: Joe Brennan or Sandy Pimental
  • Property Manager Phone: 860-400-2582
  • Property Mgt Company Name: Myriad Property Mgt
  • Property Mgt Phone: 860-400-2582

Lot Info

  • Lot Description: On Cul-De-Sac, Lightly Wooded
  • Zoning: PC

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2117
  • Mil Rate Base: 42.180
  • Assessor Parcel Number: 2416767

Multi Family

  • Total Num Of Units: 160

MLS Schools

  • Elementary School: John B. Stanton
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Nov 28, 2022
Sold by
Barki Carolyn and Barki Michael
Bought by
Fusaro Brent and Fusaro Lisa
Seller's Agent
Barbara Sullivan
Sullivan Real Estate Group
Buyer's Agent
John Fusaro
Coldwell Banker Coastal Homes
List Price
$120,000
Sold Price
$125,000
Premium/Discount to List
$5,000
4.17%
Views
45
Current Estimated Value
$185,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,144
Avg. Annual Appreciation
14.09%
Original Mortgage
$93,750
Outstanding Balance
$90,819
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$94,325

Purchase Details

Listed on
Jun 4, 2019
Closed on
Oct 8, 2020
Sold by
Burgess Kari
Bought by
Barki Michael and Barki Carolyn
Seller's Agent
Barbara Sullivan
Sullivan Real Estate Group
Buyer's Agent
Barbara Sullivan
Sullivan Real Estate Group
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.46%

Purchase Details

Closed on
Aug 29, 2011
Sold by
Forte Casey
Bought by
Burgess Kari and Forte Casey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fusaro Brent $125,000 None Available
Fusaro Brent $125,000 None Available
Barki Michael $70,000 None Available
Barki Michael $70,000 None Available
Burgess Kari -- --
Burgess Kari -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fusaro Brent $93,750
Closed Fusaro Brent $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2022 11/28/22 Sold $125,000 +4.2% $217 / Sq Ft
10/02/2022 10/02/22 For Sale $120,000 +71.4% $208 / Sq Ft
10/14/2020 10/14/20 Sold $70,000 -6.5% $122 / Sq Ft View Prior Sale
12/28/2019 12/28/19 Price Changed $74,900 -16.7% $130 / Sq Ft
06/04/2019 06/04/19 For Sale $89,900 -- $156 / 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 $3,091 $88,800 $0 $88,800
2024 $2,953 $88,800 $0 $88,800
2023 $2,101 $50,200 $0 $50,200
2022 $2,117 $50,200 $0 $50,200
2021 $2,126 $50,200 $0 $50,200
2020 $2,127 $50,200 $0 $50,200
2019 $2,040 $50,200 $0 $50,200
2018 $1,700 $41,000 $0 $41,000
2017 $1,667 $41,000 $0 $41,000
2016 $1,697 $40,700 $0 $40,700
2015 $1,685 $40,700 $0 $40,700
2014 $1,589 $40,700 $0 $40,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170527443

SmartMLS

APN: NORW-000129-000001-000004-000211