Seller's Agent in 2025
Guillermo Araujo
Five Stars Realty
(860) 794-5353
1 in this area
195 Total Sales
274 Prospect St Norwich, CT 06360
Central Norwich Neighborhood
6
Beds
2.5
Baths
2,416
Sq Ft
7,841
Sq Ft Lot
About This Home
As of March 2025Welcome to 274 Prospect Street, Norwich, CT-a beautifully remodeled two-family residence offering a harmonious blend of historic charm and modern amenities. This expansive 2,416 square foot property features 6 bedrooms and three bathrooms, providing ample space for comfortable living. Each unit has been thoughtfully updated to create open, light-filled spaces that exude warmth and sophistication. The interiors boast contemporary finishes, enhancing the home's classic architecture, with New furnaces and New Hot Water Heater. The property offers generous parking accommodations, ensuring convenience for residents and guests alike. Situated in a vibrant neighborhood, 274 Prospect Street is in close proximity to a variety of local amenities. Residents can enjoy the nearby Mohegan Park, Norwich's largest park, which features numerous hiking and biking trails, picnic areas, playgrounds, and the renowned Rose Garden-a popular venue for weddings and leisurely strolls. Additionally, the Norwich Municipal Ice Rink offers recreational opportunities year-round. This property presents a unique opportunity for investors seeking rental income or homeowners desiring a spacious residence with the benefit of an additional unit. Don't miss the chance to own a piece of Norwich's history, meticulously updated for modern living!
Last Agent to Sell the Property
Five Stars Realty License #REB.0794500 Listed on: 01/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,843
Year Built
- Built in 1850
Lot Details
- 7,841 Sq Ft Lot
- Level Lot
Parking
- 4 Parking Spaces
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,416 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 2028073
Matterport 3D Tour
Floorplans
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2025
Closed on
Mar 28, 2025
Sold by
Sotelo Ignacio
Bought by
Padilla Yian and Oakes Ryan
Seller's Agent
Guillermo Araujo
Five Stars Realty
Buyer's Agent
Erica Kelly
RE/MAX One
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Views
2078
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,804
Avg. Annual Appreciation
-7.15%
Original Mortgage
$441,849
Outstanding Balance
$437,549
Interest Rate
6.24%
Mortgage Type
FHA
Estimated Equity
-$15,353
Purchase Details
Closed on
Dec 19, 2022
Sold by
Sotelo Alberto
Bought by
Sotelo Ignacio
Purchase Details
Closed on
Jul 18, 2021
Sold by
Billie Edward
Bought by
Sotelo-Bustos Igancio
Purchase Details
Closed on
Nov 25, 2019
Sold by
Dade Realty Co 1 Llc
Bought by
Billie Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 16, 2015
Closed on
Jun 8, 2016
Sold by
Perry Frank E
Bought by
Dade Realty Co 1 Llc
Seller's Agent
Mary Poola
William Raveis Real Estate
Buyer's Agent
Rick Rocco
Coldwell Banker Realty
List Price
$55,000
Sold Price
$30,500
Premium/Discount to List
-$24,500
-44.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.22%
Purchase Details
Closed on
May 23, 2014
Sold by
Weis Donald
Bought by
Perry Frank E
Purchase Details
Closed on
Dec 28, 2005
Sold by
Kampfer Kathleen
Bought by
Wels Donald
Purchase Details
Closed on
Aug 2, 2002
Sold by
Gay James M
Bought by
Chieppo James E and Kampher Katherine D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 27, 1998
Sold by
Abbott Ralph W
Bought by
Walsh Securities
Purchase Details
Closed on
Feb 21, 1997
Sold by
Allen James
Bought by
Abbott Ralph
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | None Available | |
| Warranty Deed | $450,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $40,000 | None Available | |
| Warranty Deed | $40,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $22,463 | -- | |
| Warranty Deed | $22,463 | -- | |
| Warranty Deed | $65,000 | -- | |
| Warranty Deed | $65,000 | -- | |
| Warranty Deed | $56,490 | -- | |
| Warranty Deed | $56,490 | -- | |
| Warranty Deed | $87,000 | -- | |
| Warranty Deed | $42,500 | -- | |
| Warranty Deed | $42,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $441,849 | FHA | |
| Closed | $441,849 | FHA | |
| Previous Owner | $48,000 | New Conventional | |
| Previous Owner | $45,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $450,000 | +0.2% | $186 / Sq Ft | |
| 02/25/2025 02/25/25 | Pending | -- | -- | -- | |
| 01/16/2025 01/16/25 | For Sale | $449,000 | +1372.1% | $186 / Sq Ft | |
| 06/07/2016 06/07/16 | Sold | $30,500 | -44.5% | $13 / Sq Ft | View Prior Sale |
| 05/20/2016 05/20/16 | Pending | -- | -- | -- | |
| 11/16/2015 11/16/15 | For Sale | $55,000 | -- | $23 / Sq Ft |
Source: SmartMLS
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 | $5,864 | $144,900 | $34,800 | $110,100 |
| 2024 | $3,843 | $100,600 | $34,800 | $65,800 |
| 2023 | $2,267 | $46,600 | $20,000 | $26,600 |
| 2022 | $2,259 | $46,600 | $20,000 | $26,600 |
| 2021 | $2,267 | $46,600 | $20,000 | $26,600 |
| 2020 | $2,259 | $46,600 | $20,000 | $26,600 |
| 2019 | $2,236 | $46,600 | $20,000 | $26,600 |
| 2018 | $3,300 | $68,200 | $16,200 | $52,000 |
| 2017 | $3,324 | $68,200 | $16,200 | $52,000 |
| 2016 | $3,346 | $68,200 | $16,200 | $52,000 |
| 2015 | $3,278 | $68,200 | $16,200 | $52,000 |
| 2014 | $3,132 | $68,200 | $16,200 | $52,000 |
Source: Public Records
Agents Affiliated with this Home
-
Guillermo Araujo
-
Erica Kelly
Buyer's Agent in 2025
Erica Kelly
RE/MAX
(860) 861-6064
5 in this area
53 Total Sales
-
Mary Poola
Seller's Agent in 2016
Mary Poola
William Raveis Real Estate
(860) 625-1913
4 in this area
334 Total Sales
-
R
Buyer's Agent in 2016
Rick Rocco
Coldwell Banker
Map
Source: SmartMLS
MLS Number: 24069227
APN: NORW-000086-000002-000005
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