NOT LISTED FOR SALE

Estimated Value: $220,000 - $231,477

1 Bed
2 Baths
864 Sq Ft
$428/mo HOA Fee

Last Sold November 02, 2022

Last sale price $185,000 $214 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,039/month

30 Days on Market

Highlights

  • Pool House
  • Balcony
  • Smart Thermostat
  • 1 Fireplace
  • Central Air
  • Laundry Facilities

About This Home

As of November 2022

Beautifully situated at the Villas at Norwich Inn & Spa, this remodeled penthouse villa is move in ready. New decking, new roads, updated landscaping, remodeled clubhouses and more. The Condo fee includes acres of professional landscaping, snow removal, spring-fed ponds and fountains, heat pump maintenance, master insurance, front and back doors. Amenities include 2 swimming pools - one is heated and one is saltwater, exercise room, Jacuzzi, men and women's separate showers and saunas. Located only 1.5 miles from 395 halfway between NYC and Boston. Only 30 min to Electric Boat, or to Cross Sound Ferry or Amtrak, 2 min to Mohegan Sun for fabulous entertainment and award winning restaurants and more, 10 min to Foxwoods, 30 min to Mystic/Stonington, 30 min to area beaches such as Rocky Neck, McCooks and approximately 30 min to Westerly beaches. You can live in this peice of paradise every day or use it as a vacation home or even combine it as an AIR BNB investment. The options are all there for you.Convenient to casinos and downtown Norwich, New London, Waterford, East Lyme, and nearby Mystic. Being sold furnished or un-furnished.

Last Agent to Sell the Property

Michelle Sireci

KEY Real Estate Services LLC License #RES.0817875 Listed on: 08/03/2022

Last Buyer's Agent

John Roberto

CENTURY 21 Shutters & Sails License #RES.0821990

CENTURY 21 Shutters & Sails

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,126

Year Built

  • Built in 1986

HOA Fees

  • $428 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1 Fireplace
  • Smart Thermostat

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Pool

  • Pool House
  • Heated In Ground Pool

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • 198 Units
  • The Villas At The Norwich Inn Community
  • Property managed by Myriad Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,126

Year Built

Built in 1986

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 864
  • Public Record Living Room Sq Ft: 864
  • Total Sq Ft: 864
  • Year Built: 1986
  • Remarks Public Addendum: 20 % Down and Conventional Financing only.
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1184
  • Directions: We will try to accommodate all showings, however this villa is still an active Air BNB rental.
  • Special Features: None

Interior Features

  • Room Count: 1
  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Appliances: Electric Cooktop, Microwave, Dishwasher
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 2123

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Parking Lot

Utilities

  • Cooling System: Central Air
  • 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

  • Complex Name: The Villas At The Norwich Inn
  • Levels In Unit: 2
  • HOA Fees: 428
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Manager Name: Joe
  • Property Mgt Company Name: Myriad Property

Schools

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

Lot Info

  • Flood Zone: No
  • Zoning: PC

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3126
  • Total Assessed Value: 74100
  • Mil Rate Base: 42.180
  • Mil Rate Total: 42.180
  • Assessor Parcel Number: 2415999

Multi Family

  • Total Num Of Units: 198

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Oct 27, 2022
Sold by
Atkins Rebecca and Atkins Debra
Bought by
Whitworth John and Whitworth Mary
Seller's Agent
Michelle Sireci
KEY Real Estate Services LLC
Buyer's Agent
John Roberto
CENTURY 21 Shutters & Sails
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Views
17
Current Estimated Value
$227,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,119
Avg. Annual Appreciation
7.60%

Purchase Details

Listed on
Aug 16, 2021
Closed on
Oct 13, 2021
Sold by
Perkins Claire and Jacaruso Bo
Bought by
Atkins Rebecca and Lee Andrew
Seller's Agent
Matt St. Amour
Making Connections Realty
Buyer's Agent
Michelle Sireci
KEY Real Estate Services LLC
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.00%
Original Mortgage
$108,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 22, 2019
Closed on
Oct 19, 2020
Sold by
Mcfarlan Thomas E
Bought by
Jacaruso Bo and Perkins Claire
Seller's Agent
Barbara Sullivan
Sullivan Real Estate Group
Buyer's Agent
Matt St. Amour
Making Connections Realty
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$60,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 15, 2006
Sold by
Pilmer Steven and Pilmer Judith
Bought by
Harper Barbara
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
Whitworth John $185,000 None Available
Whitworth John $185,000 None Available
Atkins Rebecca $135,000 None Available
Atkins Rebecca $135,000 None Available
Jacaruso Bo $125,000 None Available
Jacaruso Bo $125,000 None Available
Harper Barbara $152,700 --
Harper Barbara $152,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atkins Rebecca $108,000
Previous Owner Perkins Claire $60,000
Previous Owner Jacaruso Bo $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $185,000 +2.8% $214 / Sq Ft
08/03/2022 08/03/22 For Sale $179,900 +33.3% $208 / Sq Ft
10/13/2021 10/13/21 Sold $135,000 -3.6% $156 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $140,000 +12.0% $162 / Sq Ft
10/20/2020 10/20/20 Sold $125,000 -7.3% $145 / Sq Ft
10/22/2019 10/22/19 For Sale $134,900 -- $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 $4,484 $128,800 $0 $128,800
2024 $4,283 $128,800 $0 $128,800
2023 $3,101 $74,100 $0 $74,100
2022 $3,126 $74,100 $0 $74,100
2021 $3,138 $74,100 $0 $74,100
2020 $2,984 $70,400 $0 $70,400
2019 $2,861 $70,400 $0 $70,400
2018 $2,865 $69,100 $0 $69,100
2017 $2,810 $69,100 $0 $69,100
2016 $2,689 $64,500 $0 $64,500
2015 $2,670 $64,500 $0 $64,500
2014 $2,518 $64,500 $0 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170514234

SmartMLS

APN: NORW-000129-000001-000004-002123