NOT LISTED FOR SALE

Estimated Value: $233,000 - $267,563

5 Beds
2 Baths
2,118 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 15, 2021

Last sale price $108,520 $51 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,780/month

6 Days on Market

About This Home

As of May 2021

Great investment opportunity with this two-family property. Main floor unit is three-bedrooms/one-bath with large eat-in kitchen. Upstairs is a charming two-bedroom/one-bath unit. Both units have front porches set up off the street with small fenced in yards. Newer roof and separate furnace systems heated by natural gas. Convenient location close to shopping and bus line. Option is there to live in one and rent out the other. Rents are low because of deferred maintenance, but with updates and attention rents could be raised significantly.

Last Agent to Sell the Property

Jay Kelly

William Raveis Real Estate License #RES.0809553 Listed on: 03/15/2021

William Raveis Real Estate

Last Buyer's Agent

India Cleckley

William Pitt Sotheby's Int'l License #RES.0804140

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,338

Year Built

  • Built in 1880

Lot Details

  • 0.25 Acre Lot

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 2,118 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Norwich Free Academy High School

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,338

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2118
  • Public Record Living Room Sq Ft: 2118
  • Total Sq Ft: 2118
  • Year Built: 1880
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5232
  • Directions: GPS Friendly Address
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full, Fully Finished
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: No
  • Street Number Modifier: 234

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.2500
  • Lot Description: N/A
  • Zoning: MF

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4338
  • Total Assessed Value: 89500
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Mil Rate Total: 48.470
  • Assessor Parcel Number: 2030026

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
Mar 15, 2021
Closed on
May 14, 2021
Sold by
Shi Wen X
Bought by
Johnson Desiree V
Seller's Agent
Jay Kelly
William Raveis Real Estate
Buyer's Agent
India Cleckley
William Pitt Sotheby's Int'l
List Price
$105,000
Sold Price
$108,520
Premium/Discount to List
$3,520
3.35%
Current Estimated Value
$250,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,621
Avg. Annual Appreciation
20.59%
Original Mortgage
$106,553
Outstanding Balance
$96,564
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$153,577

Purchase Details

Closed on
Jul 13, 2010
Sold by
Fhlmc
Bought by
Sni Wen Xiu

Purchase Details

Closed on
Feb 4, 2010
Sold by
Citimortgage Inc
Bought by
Fhlmc

Purchase Details

Closed on
Feb 3, 2010
Sold by
Macy Daniel and Macy Phelip
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 17, 2003
Sold by
Sanborn Philip and Sanborn Catherine
Bought by
Maly Daniel and Maly Philip
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
Johnson Desiree V $108,520 None Available
Johnson Desiree V $108,520 None Available
Sni Wen Xiu $72,000 --
Sni Wen Xiu $72,000 --
Fhlmc -- --
Fhlmc -- --
Citimortgage Inc -- --
Citimortgage Inc -- --
Maly Daniel $155,000 --
Maly Daniel $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Desiree V $106,553
Closed Johnson Desiree V $106,553
Previous Owner Maly Daniel $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2021 05/15/21 Sold $108,520 +3.4% $51 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $105,000 -- $50 / 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 $5,617 $138,800 $32,700 $106,100
2024 $5,302 $138,800 $32,700 $106,100
2023 $4,353 $89,500 $23,100 $66,400
2022 $4,339 $89,500 $23,100 $66,400
2021 $4,353 $89,500 $23,100 $66,400
2020 $4,338 $89,500 $23,100 $66,400
2019 $4,295 $89,500 $23,100 $66,400
2018 $4,060 $83,900 $27,200 $56,700
2017 $4,089 $83,900 $27,200 $56,700
2016 $4,116 $83,900 $27,200 $56,700
2015 $4,032 $83,900 $27,200 $56,700
2014 $3,854 $83,900 $27,200 $56,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170377207

SmartMLS

APN: NORW-000093-000005-000063