NOT LISTED FOR SALE

221 Old Pond Ln Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $167,000 - $193,000

1 Bed
1 Bath
576 Sq Ft
$436/mo HOA Fee

Last Sold February 27, 2023

Last sale price $120,000 $208 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,676/month

96 Days on Market

Highlights

  • In Ground Pool
  • Golf Course View
  • Exercise Course
  • Gated Community
  • Clubhouse
  • Security Service

About This Home

As of February 2023

Beautifully situated at the Villas at Norwich Inn & Spa, this open studio condo is move in ready. Second floor unit, enter into the unit into the open galley kitchen with island opening to the living area. Entry closet and utility closet. French doors and windows let in natural light and open to a private exterior deck. A full bathroom is off the bedroom area. The HOA includes a laundry facility, fitness center, outdoor swimming pool and indoor spa room. Post office boxes per unit. Walk to Norwich Inn & Spa or across the street to the Norwich Golf Club. Convenient to casinos and downtown Norwich, New London, Waterford, East Lyme, and nearby Mystic. Being sold furnished or un-furnished. Unit being sold "As-Is". Closing must be 2/1/23 or later.

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 11/03/2022

Co-Listed By

Lisa Switz

Switz Real Estate Associates License #RES.0757560

Last Buyer's Agent

Jana Fritz

Compass Connecticut, LLC License #RES.0759769

Compass Connecticut, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,117

Year Built

  • Built in 1986

HOA Fees

  • $436 Monthly HOA Fees

Home Design

  • Studio
  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1 Full Bathroom
  • 576 Sq Ft Home
  • Golf Course Views

Kitchen

  • Electric Range
  • Dishwasher

Parking

  • 2 Car Garage
  • Guest Parking
  • Visitor Parking
  • Off-Street Parking
  • Unassigned Parking

Pool

  • In Ground Pool
  • Spa

Location

  • Property is near a golf course

Schools

  • Norwich Free Academy High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • 160 Units
  • Villas At Norwich Inn & Spa Community

Amenities

  • Clubhouse

Recreation

  • Exercise Course
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,117

Year Built

Built in 1986

Lot Details

0

HOA Fees

$436 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Studio Apt
  • 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
  • Association Amenities: Club House, Exercise Room/Health Club, Guest Parking, Pool, Security Services
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: When Needed
  • Public Record Gross Sq Ft: 608
  • Tax Year Updated Dt: 11/03/2022
  • Directions: Entering from West Thames Street, through the Norwich Inn and Spa main entrance and follow signs for Villas at Norwich Inn & Spa.
  • Special Features: None

Interior Features

  • Room Count: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Electric Range, Refrigerator, Freezer, Dishwasher
  • Attic: No

Exterior Features

  • Exterior Siding: Clapboard, Wood
  • Waterfront Description: Association Required
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Spa
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Off Street Parking
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Complex Name: Villas at Norwich Inn & Spa
  • HOA Fees: 436
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes

Lot Info

  • Lot Description: Golf Course View
  • Zoning: PC
  • Property Info: Gated Community

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2117
  • Mil Rate Base: 42.180
  • Assessor Parcel Number: 2415621

Multi Family

  • Total Num Of Units: 160

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Rosa Desiree M
Bought by
Mashantucket Pequot Tribe
Current Estimated Value
$181,950

Purchase Details

Listed on
Nov 3, 2022
Closed on
Feb 24, 2023
Sold by
Mashantucket Pequot Tribe
Bought by
Silver Phoenix Llc
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Jana Fritz
Compass Connecticut, LLC
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.41%

Purchase Details

Closed on
Oct 12, 2005
Sold by
Shear Assoc Llc
Bought by
Forte Casey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mashantucket Pequot Tribe -- None Available
Mashantucket Pequot Tribe -- None Available
Mashantucket Pequot Tribe -- None Available
Silver Phoenix Llc $120,000 None Available
Silver Phoenix Llc $120,000 None Available
Silver Phoenix Llc $120,000 None Available
Forte Casey $86,000 --
Forte Casey $86,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2023 02/27/23 Sold $120,000 -4.0% $208 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
11/03/2022 11/03/22 For Sale $125,000 -- $217 / 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 $3,384 $97,200 $0 $97,200
2024 $3,232 $97,200 $0 $97,200
2023 $2,097 $50,100 $0 $50,100
2022 $2,113 $50,100 $0 $50,100
2021 $2,122 $50,100 $0 $50,100
2020 $2,123 $50,100 $0 $50,100
2019 $2,036 $50,100 $0 $50,100
2018 $2,297 $55,400 $0 $55,400
2017 $2,253 $55,400 $0 $55,400
2016 $2,293 $55,000 $0 $55,000
2015 $2,276 $55,000 $0 $55,000
2014 $2,147 $55,000 $0 $55,000
Source: Public Records

Agents Affiliated with this Home

  • Thomas Switz

    Seller's Agent in 2023

    Thomas Switz

    Switz Real Estate Associates

    (860) 572-9501

    16 in this area

    271 Total Sales

    Thomas Switz
    Section Image

  • L

    Seller Co-Listing Agent in 2023

    Lisa Switz

    Switz Real Estate Associates

    (860) 705-6728

    12 in this area

    69 Total Sales

    Lisa Switz
    Section Image
  • Jana Fritz

    Buyer's Agent in 2023

    Jana Fritz

    Compass Connecticut, LLC

    (860) 625-1748

    1 in this area

    35 Total Sales

    Jana Fritz
    Section Image
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Map

Source: SmartMLS

MLS Number: 170533983

SmartMLS

APN: NORW-000129-000001-000004-000221

Connecticut New London County Norwich 06360 East Great Plains

221 Old Pond Ln, Norwich, CT

Not Listed for Sale

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