NOT LISTED FOR SALE

240 Laurel Hill Ave Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $334,000 - $405,000

9 Beds
4 Baths
2,952 Sq Ft
$128/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $18,600 $6 Per Sq Ft

Est. 1,925% increase in value since last sale

Current estimated payment $2,747/month

99 Days on Market

Highlights

  • Baseboard Heating
  • Space Heater
  • Level Lot

About This Home

As of December 2014

Huge amount of space in this 2-family in laurel hill, on the bus line and close to town. A 5-br and a 4br apartment, large kitchens, full basements. Separate utilities. Much work needed to restore this victorian lady to her former glory. Worth the effort!

Last Agent to Sell the Property

Masha Robarts

RE/MAX Realty Group License #REB.0788125 Listed on: 08/19/2014

Last Buyer's Agent

Patricia Williams

William Raveis Real Estate License #RES.0780303

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,883

Year Built

  • Built in 1870

Lot Details

  • 0.35 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Vinyl Siding

Interior Spaces

  • 2,952 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Pboe Elementary And Middle School
  • Nfa High School

Utilities

  • Space Heater
  • Baseboard Heating
  • Heating System Uses Oil
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,883

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units are Side-by-Side
  • Total Sq Ft: 2952
  • Year Built: 1870
  • Property Sub Type: 2 Family
  • Directions: From downtown norwich, take route 12 south -- laurel hill road. House is on the lefthand side of the street. Sign is on the front porch. Lots of parking on either side of the house.
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available
  • Attic: No
  • Stories Number Of: 2
  • Street Number Modifier: 240

Exterior Features

  • Exterior Siding: Vinyl Siding

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved
  • Total Parking Spaces: 10

Utilities

  • Heat Type: Baseboard, Space Heater
  • Heat Fuel Type: Oil
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Pboe
  • Middle School: Pboe
  • High School: Nfa, Others

Lot Info

  • Acres: 0.3500
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Multi Family

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

Tax Info

  • Tax Year: July 2014-June 2015
  • Total Assessed Value: 157000
  • Assessor Parcel Number: 2416553

MLS Schools

  • Elementary School: Pboe
  • Middle Jr High School: Pboe
  • High School: Nfa, Others

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Aguilar Mercedes and Solis Rigoberto
Bought by
Marte Saviel
Current Estimated Value
$376,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,584
Outstanding Balance
$285,342
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$60,773

Purchase Details

Listed on
Aug 19, 2014
Closed on
Dec 31, 2014
Sold by
Fnma
Bought by
Aguilar Solis and Aguilar Mercedes
Seller's Agent
Masha Robarts
RE/MAX Realty Group
Buyer's Agent
Patricia Williams
William Raveis Real Estate
List Price
$59,900
Sold Price
$18,600
Premium/Discount to List
-$41,300
-68.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.39%

Purchase Details

Closed on
Oct 9, 2014
Sold by
Everbank
Bought by
Fnma

Purchase Details

Closed on
Mar 11, 2010
Sold by
Chan King On
Bought by
Retained Realty Inc

Purchase Details

Closed on
Feb 23, 2005
Sold by
Est Heenan Peter and Burton Ellen
Bought by
Chan King

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.73%
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
Marte Saviel $299,000 None Available
Marte Saviel $299,000 None Available
Aguilar Solis $18,600 --
Aguilar Solis $18,600 --
Fnma -- --
Bank Of America Na -- --
Fnma -- --
Retained Realty Inc -- --
Retained Realty Inc -- --
Chan King $155,000 --
Chan King $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marte Saviel $293,584
Closed Marte Saviel $293,584
Previous Owner Heenan Peter B $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2014 12/30/14 Sold $18,600 -68.9% $6 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $59,900 -- $20 / 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 $8,883 $219,500 $47,600 $171,900
2024 $8,385 $219,500 $47,600 $171,900
2023 $5,569 $114,500 $29,400 $85,100
2022 $5,551 $114,500 $29,400 $85,100
2021 $5,569 $114,500 $29,400 $85,100
2020 $5,550 $114,500 $29,400 $85,100
2019 $5,303 $110,500 $29,400 $81,100
2018 $5,589 $115,500 $24,000 $91,500
2017 $5,629 $115,500 $24,000 $91,500
2016 $4,587 $93,500 $24,000 $69,500
2015 $4,494 $93,500 $24,000 $69,500
2014 $4,294 $93,500 $24,000 $69,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Masha Robarts

    RE/MAX

    Section Image
  • Patricia Williams

    Buyer's Agent in 2014

    Patricia Williams

    William Raveis Real Estate

    (603) 369-1069

    26 in this area

    84 Total Sales

    Patricia Williams
    Section Image
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Map

Source: SmartMLS

MLS Number: E279010

SmartMLS

APN: NORW-000118-000003-000005

Connecticut New London County Norwich 06360 Central Norwich

240 Laurel Hill Ave, Norwich, CT

This home is located at 240 Laurel Hill Ave, Norwich, CT 06360 since 19 August 2014 and is currently estimated at $376,710, approximately $127 per square foot. This property was built in 1870. 240 Laurel Hill Ave is a home located in New London County with nearby schools including Veterans' Memorial Elementary School, Kelly STEAM Magnet Middle School, and Integrated Day Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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