NOT LISTED FOR SALE

24 River Ave Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $465,000 - $536,000

9 Beds
3 Baths
3,563 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2025

Last sale price $515,000 $145 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,410 / mo

5 Days on Market

Highlights

  • Waterfront
  • Deck
  • Balcony

About This Home

As of December 2025

Beautiful, spacious 3-family in the heart of Norwich. NEW heating, plumbing, electrical, and sprinkler system! NEW windows, siding, gutters, decks, balconies! NEW kitchens with stainless appliances and NEW bathrooms. Each unit has 3 bedrooms, a living room, a kitchen, and full bathroom. Picture yourself enjoying a coffee on your balcony wihile looking at gorgeous views of the Thames River and local landmarks. Great income potential and excellent opportunity for owner-occupant or investor. Located in close proximity to Norwich's downtown, Mohegan Sun, Foxwoods, and the subbase. Come to 24 River and find your happy space!

Last Agent to Sell the Property

Michaela Lamb

Sold by Michaela Brokerage Phone: (401) 935-3390 License #REB.0791897 Listed on: 10/15/2025

Co-Listed By

Jacob Lamb

Sold by Michaela Brokerage Phone: (401) 935-3390 License #RES.0812053

Last Buyer's Agent

Kristopher Tramont

Real Broker CT, LLC License #REB.0794869

Real Broker CT, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,774

Year Built

  • Built in 1860

Lot Details

  • 4,356 Sq Ft Lot
  • Waterfront

Parking

  • Parking Deck

Home Design

  • Stone Foundation
  • Stone Frame
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 3,563 Sq Ft Home
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Rain Gutters

Schools

  • Norwich Free Academy High School

Utilities

  • Gas Available at Street

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2029184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,774

Year Built

Built in 1860

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3563
  • Total Sq Ft: 3563
  • Year Built: 1860
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS friendly.
  • Financing Used: Cash
  • Street Type: Avenue
  • Office Attribution Contact: (401) 935-3390
  • Reserve Prospect: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Location: potential hook-ups in units
  • Attic: No

Exterior Features

  • Exterior Features: Balcony, Deck, Gutters
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame, Stone

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.1
  • Lot Description: City Views Level Lot Water View
  • Zoning: MF
  • Parcel #: 2029184

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 7774

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2025
Closed on
Nov 25, 2025
Sold by
Bought by
Seller's Agent
Michaela Lamb
Sold by Michaela
Buyer's Agent
Kristopher Tramont
Real Broker CT, LLC
List Price
$489,000
Sold Price
$515,000
Premium/Discount to List
$26,000
5.32%
Views
34
Current Estimated Value
$512,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,608
Avg. Annual Appreciation
-0.94%

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 8, 2023
Sold by
Bought by
Seller's Agent
Benjamin Carbone
Lamacchia Realty
Buyer's Agent
Michaela Lamb
Sold by Michaela
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.95%
Original Mortgage
$300,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 6, 2023
Sold by
Bought by
Seller's Agent
Benjamin Carbone
Lamacchia Realty
Buyer's Agent
Michaela Lamb
Sold by Michaela
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,300
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 5, 2018
Closed on
Mar 9, 2018
Sold by
Bought by
Seller's Agent
Patrick James
PWJ Real Estate&Property Mgmt
Buyer's Agent
Patrick James
PWJ Real Estate&Property Mgmt
List Price
$21,000
Sold Price
$30,000
Premium/Discount to List
$9,000
42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.31%
Original Mortgage
$50,000
Interest Rate
4.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 5, 2018
Closed on
Feb 8, 2018
Sold by
Bought by
Seller's Agent
Patrick James
PWJ Real Estate&Property Mgmt
Buyer's Agent
Patrick James
PWJ Real Estate&Property Mgmt
List Price
$21,000
Sold Price
$30,000
Premium/Discount to List
$9,000
42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 26, 2016
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 --
$170,000 None Available
$170,000 None Available
$170,000 None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
$43,000 None Available
$43,000 None Available
$43,000 None Available
-- --
-- --
-- --
$30,000 --
$30,000 --
$30,000 --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $300,000
Previous Owner $175,000
Previous Owner $136,300
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2025 12/08/25 Sold $515,000 +5.3% $145 / Sq Ft
10/20/2025 10/20/25 Pending -- -- --
10/15/2025 10/15/25 For Sale $489,000 +187.6% $137 / Sq Ft
11/07/2023 11/07/23 Sold $170,000 -15.0% $48 / Sq Ft View Prior Sale
10/18/2023 10/18/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $199,900 +566.3% $56 / Sq Ft
02/07/2018 02/07/18 Sold $30,000 +42.9% $8 / Sq Ft View Prior Sale
01/19/2018 01/19/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $21,000 -- $6 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,774 $192,100 $36,100 $156,000
2024 $7,338 $192,100 $36,100 $156,000
2023 $4,913 $101,000 $22,400 $78,600
2022 $4,896 $101,000 $22,400 $78,600
2021 $4,913 $101,000 $22,400 $78,600
2020 $4,895 $101,000 $22,400 $78,600
2019 $4,847 $101,000 $22,400 $78,600
2018 $4,273 $88,300 $18,300 $70,000
2017 $4,304 $88,300 $18,300 $70,000
2016 $4,332 $88,300 $18,300 $70,000
2015 $4,244 $88,300 $18,300 $70,000
2014 $4,056 $88,300 $18,300 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Michaela Lamb

    Seller's Agent in 2025

    Michaela Lamb

    Sold by Michaela

    (401) 935-3390

    18 in this area

    184 Total Sales

    Michaela Lamb
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jacob Lamb

    Sold by Michaela

    (401) 935-3360

    9 in this area

    91 Total Sales

    Jacob Lamb
    Section Image
  • Kristopher Tramont

    Buyer's Agent in 2025

    Kristopher Tramont

    Real Broker CT, LLC

    (860) 884-9511

    32 in this area

    316 Total Sales

    Kristopher Tramont
    Section Image
  • Benjamin Carbone

    Seller's Agent in 2023

    Benjamin Carbone

    Lamacchia Realty

    (860) 382-6184

    2 in this area

    85 Total Sales

    Benjamin Carbone
    Section Image
  • Patrick James

    Seller's Agent in 2018

    Patrick James

    PWJ Real Estate&Property Mgmt

    (860) 550-5267

    11 Total Sales

    Patrick James
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24133940

SmartMLS

APN: NORW-000110-000002-000011

Connecticut New London County Norwich 06360 Central Norwich

24 River Ave, Norwich, CT

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SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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