NOT LISTED FOR SALE

Estimated Value: $222,000 - $263,606

3 Beds
2 Baths
1,238 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $163,000 $132 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,747/month

18 Days on Market

Highlights

  • City View
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Attic
  • Baseboard Heating

About This Home

As of July 2018

Beautiful 2 family Victorian located in the heart of Norwich. The home has been extensively maintained and kept up. This would be a great opportunity for a owner occupant to live in the main home and have supplemental income from the 2nd unit. The main home features a 3 bedroom house with 1.5 bathrooms. It has had a recent kitchen remodel including Silestone counter tops. Hardwood floors through out and recent paint work as well. The house shows exceptionally well. The second unit downstairs is set up for an efficiency apartment. Great way to have additional income or in law suite as well.

Last Agent to Sell the Property

Brian Hammett

Hammett Real Estate License #RES.0796872 Listed on: 04/18/2018

Last Buyer's Agent

Brian Hammett

Hammett Real Estate License #RES.0796872 Listed on: 04/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,114

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 1,238 Sq Ft Home
  • City Views
  • Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Steam
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,114

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1238
  • Public Record Living Room Sq Ft: 1238
  • Total Sq Ft: 1238
  • Year Built: 1890
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 2041
  • Directions: 22 Grove St Norwich
  • Special Features: None

Interior Features

  • Basement Description: Full With Walk-Out
  • Attic: Yes
  • Street Number Modifier: 22

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard, Radiator, Steam
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.1200
  • Lot Description: City Views
  • Zoning: MF

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3114
  • Total Assessed Value: 63900
  • Mil Rate Base: 40.670
  • Mil Rate Tax District: 8.070
  • Mil Rate Total: 48.740
  • Assessor Parcel Number: 2101789

Multi Family

  • Total Num Of Units: 2

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
Apr 18, 2018
Closed on
Jun 29, 2018
Sold by
Bassett Lisa C
Bought by
Lewis David
Seller's Agent
Brian Hammett
Hammett Real Estate
Buyer's Agent
Brian Hammett
Hammett Real Estate
List Price
$159,900
Sold Price
$163,000
Premium/Discount to List
$3,100
1.94%
Current Estimated Value
$244,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,152
Avg. Annual Appreciation
5.73%
Original Mortgage
$154,800
Outstanding Balance
$131,450
Interest Rate
3.63%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$112,702
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
Lewis David -- --
Lewis David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis David $154,800
Closed Lewis David $154,800
Previous Owner Hadley Edward $83,000
Previous Owner Hadley Edward $78,000
Previous Owner Hadley Edward $100,000
Previous Owner Hadley Edward $116,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2018 07/06/18 Sold $163,000 +1.9% $132 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $159,900 -- $129 / 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 $5,374 $132,800 $25,600 $107,200
2024 $5,073 $132,800 $25,600 $107,200
2023 $4,596 $94,500 $18,100 $76,400
2022 $4,581 $94,500 $18,100 $76,400
2021 $4,596 $94,500 $18,100 $76,400
2020 $4,580 $94,500 $18,100 $76,400
2019 $4,535 $94,500 $18,100 $76,400
2018 $3,092 $63,900 $21,400 $42,500
2017 $3,114 $63,900 $21,400 $42,500
2016 $3,135 $63,900 $21,400 $42,500
2015 $3,071 $63,900 $21,400 $42,500
2014 $2,935 $63,900 $21,400 $42,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170074044

SmartMLS

APN: NORW-000093-000004-000063