NOT LISTED FOR SALE

Estimated Value: $194,000 - $238,000

2 Beds
2 Baths
1,272 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $84,500 $66 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,336/month

9 Days on Market

Highlights

  • No HOA
  • Property is near shops
  • Concrete Flooring
  • Thermal Windows
  • Baseboard Heating
  • 1-minute walk to Yantic Falls / Indian leap

About This Home

As of August 2020

Experience Norwich living at 263-265 Yantic St. You'll find this community in the Northeast New London Norwich area of Norwich. Close to Mohegan Park and the Meadows shopping center. This well maintained, multi-family home has two units. One unit has 5 rooms, 2 bedrooms, and a full bathroom. The second unit has 4 rooms, 2 bedrooms and, a full bathroom. This property has a lot size of 871 sqft and was built in 1870. Walking distance to medical facilities and bus lines

Last Agent to Sell the Property

Mary Nasi-Graham

IMT Realty License #REB.0790230 Listed on: 06/02/2020

Last Buyer's Agent

Joel Cassar

RE/MAX Legends License #RES.0806127

RE/MAX Legends

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,307

Year Built

  • Built in 1870

Lot Details

  • 871 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,272 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Walkup Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near shops
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,307

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Neighborhood: Norwich Falls
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1272
  • Public Record Living Room Sq Ft: 1272
  • Total Sq Ft: 1272
  • Year Built: 1870
  • Nearby Amenities: Medical Facilities, Park, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 2532
  • Tax Year Updated Dt: 08/03/2020
  • Directions: Lafayette to Yantic
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Concrete Floor
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.0200
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: NC

Multi Family

  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2307
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Assessor Parcel Number: 2021266

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Aug 12, 2020
Sold by
Poftak Kenneth S
Bought by
Campos Carlos
Seller's Agent
Mary Nasi-Graham
IMT Realty
Buyer's Agent
Joel Cassar
RE/MAX Legends
List Price
$95,000
Sold Price
$84,500
Premium/Discount to List
-$10,500
-11.05%
Current Estimated Value
$208,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,541
Avg. Annual Appreciation
18.34%

Purchase Details

Closed on
Dec 1, 1994
Sold by
Sidoli John
Bought by
Poftak Kenneth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
8.81%
Mortgage Type
Unknown
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
Campos Carlos $84,500 None Available
Campos Carlos $84,500 None Available
Poftak Kenneth S $50,000 --
Poftak Kenneth S $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poftak Kenneth S $100,000
Previous Owner Poftak Kenneth S $49,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $84,500 -11.1% $66 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $95,000 0.0% $75 / Sq Ft
03/01/2016 03/01/16 Rented $650 0.0% --
03/01/2016 03/01/16 Under Contract -- -- --
02/12/2016 02/12/16 For Rent $650 -- --
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 $2,914 $72,000 $13,100 $58,900
2024 $2,750 $72,000 $13,100 $58,900
2023 $2,315 $47,600 $10,400 $37,200
2022 $2,308 $47,600 $10,400 $37,200
2021 $2,315 $47,600 $10,400 $37,200
2020 $2,307 $47,600 $10,400 $37,200
2019 $2,284 $47,600 $10,400 $37,200
2018 $2,081 $43,000 $10,400 $32,600
2017 $2,096 $43,000 $10,400 $32,600
2016 $2,110 $43,000 $10,400 $32,600
2015 $2,067 $43,000 $10,400 $32,600
2014 $1,975 $43,000 $10,400 $32,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170301394

SmartMLS

APN: NORW-000084-000004-000002