NOT LISTED FOR SALE

Estimated Value: $263,000 - $298,000

4 Beds
3 Baths
1,960 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $62,000 $32 Per Sq Ft

Est. 351% increase in value since last sale

Current estimated payment $1,930/month

12 Days on Market

Highlights

  • 0.63 Acre Lot
  • Attic
  • Baseboard Heating
  • Partially Wooded Lot
  • Attached Carport
  • 5-minute walk to Memorial Rose Gardens

About This Home

As of April 2018

HUD home.

2 family with an up/down layout. Updated baths and kitchens, separate utilities. Carport available and a paved drive, separate entrances. Move in ready on these units, newer boilers in place. Quiet location, and mostly private rear yard that backs up to the Mohegan Park. Left hand unit features gas cook top with separate wall oven. LBP addendum required.

IE. Eligible for FHA 203K.
Finance Terms: FHA, Cash, and Conv.

Last Agent to Sell the Property

Daniel Kildea

Sellstate Leading Edge Realty License #REB.0755839 Listed on: 01/04/2018

Last Buyer's Agent

Jen Pendergast

William Raveis Real Estate License #RES.0807736

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.63 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 1,960 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Attached Carport
  • Private Driveway

Schools

  • Norwich Free Academy High School

Utilities

  • Baseboard Heating
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1960
  • Public Record Living Room Sq Ft: 1871
  • Total Sq Ft: 1960
  • Year Built: 1910
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3356
  • Directions: Broad St to Baltic St to Beech St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Partial With Walk-Out
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Carport
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Baseboard
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.6300
  • Lot Description: Lightly Wooded, Rolling
  • Zoning: MF

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4479
  • Mil Rate Base: 40.670
  • Mil Rate Tax District: 8.070
  • Assessor Parcel Number: 2032337

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
Jan 4, 2018
Closed on
Apr 20, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Timm Jeremiah
Seller's Agent
Daniel Kildea
Sellstate Leading Edge Realty
Buyer's Agent
Jen Pendergast
William Raveis Real Estate
List Price
$55,000
Sold Price
$62,000
Premium/Discount to List
$7,000
12.73%
Current Estimated Value
$279,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,677
Avg. Annual Appreciation
21.55%
Original Mortgage
$85,311
Outstanding Balance
$74,691
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$204,986

Purchase Details

Closed on
Nov 2, 2017
Sold by
Chfa
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Mar 29, 2016
Sold by
Department Of Housing & Urban Dev
Bought by
Chfa

Purchase Details

Closed on
Jul 28, 2015
Sold by
Chfa
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Nov 24, 2014
Sold by
Department Of Housing & Urban Dev
Bought by
Chfa

Purchase Details

Closed on
Aug 7, 2014
Sold by
Connecticut Housing In
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jul 14, 2014
Sold by
Chfa
Bought by
Connecituct Housing In

Purchase Details

Closed on
May 27, 2014
Sold by
Department Of Housing & Urban Dev
Bought by
Chfa

Purchase Details

Closed on
Feb 4, 2014
Sold by
Chfa
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Dec 30, 2013
Sold by
Phillips Tami R
Bought by
Chfa

Purchase Details

Closed on
Oct 22, 1987
Sold by
Courter Richard
Bought by
Parrish Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
10.92%
Mortgage Type
Purchase Money Mortgage
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
Timm Jeremiah $62,000 --
Timm Jeremiah $62,000 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Chfa -- --
Chfa -- --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Chfa -- --
Chfa -- --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Connecituct Housing In -- --
Connecituct Housing In -- --
Chfa -- --
Chfa -- --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Chfa -- --
Chfa -- --
Parrish Michael E $124,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timm Jeremiah $85,311
Closed Timm Jeremiah $85,311
Previous Owner Parrish Michael E $96,000
Previous Owner Parrish Michael E $112,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $62,000 +12.7% $32 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $55,000 -- $28 / 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 $5,609 $138,600 $40,500 $98,100
2024 $5,295 $138,600 $40,500 $98,100
2023 $4,295 $88,300 $28,700 $59,600
2022 $4,281 $88,300 $28,700 $59,600
2021 $4,295 $88,300 $28,700 $59,600
2020 $4,280 $88,300 $28,700 $59,600
2019 $4,238 $88,300 $28,700 $59,600
2018 $4,447 $91,900 $33,700 $58,200
2017 $4,479 $91,900 $33,700 $58,200
2016 $4,509 $91,900 $33,700 $58,200
2015 $4,200 $87,400 $33,700 $53,700
2014 -- $87,400 $33,700 $53,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170041759

SmartMLS

APN: NORW-000085-000002-000027