NOT LISTED FOR SALE

318 Asylum St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $295,383 - $308,000

4 Beds
2 Baths
1,939 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $119,900 $62 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,127/month

201 Days on Market

Highlights

  • 0.81 Acre Lot
  • Heating System Uses Steam
  • Level Lot
  • Central Air

About This Home

As of September 2014

Land lots of land! This 2 family home offers two well maintained 2 bedroom units. Many nice updates. Large beautiful .81 Of an acre lot. Ample parking. Close to shopping, highway and mohegan sun.

Last Agent to Sell the Property

Renee Cooper

Compass Connecticut, LLC License #REB.0750462 Listed on: 09/27/2013

Compass Connecticut, LLC

Last Buyer's Agent

Renee Cooper

Compass Connecticut, LLC License #REB.0750462 Listed on: 09/27/2013

Compass Connecticut, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1852

Lot Details

  • 0.81 Acre Lot
  • Level Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,939 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Stanton Elementary School
  • Nfa High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,600

Year Built

Built in 1852

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: Yes
  • Style: Units on different Floors
  • Total Sq Ft: 1939
  • Year Built: 1852
  • Property Sub Type: 2 Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Attic: No
  • Stories Number Of: 2
  • Street Number Modifier: 318

Exterior Features

  • Exterior Siding: Aluminum

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved
  • Total Parking Spaces: 6

Utilities

  • Cooling System: Central Air
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Stanton
  • High School: Nfa

Lot Info

  • Acres: 0.8100
  • Lot Description: Level Lot, Rolling

Rental Info

  • Lease Purchase: No

Multi Family

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

Tax Info

  • Property Tax: 3600
  • Total Assessed Value: 137000
  • Assessor Parcel Number: 2023586

MLS Schools

  • Elementary School: Stanton
  • High School: Nfa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Sep 26, 2014
Sold by
Humphrey Sindy
Bought by
Mosquera Xavier
Seller's Agent
Renee Cooper
Compass Connecticut, LLC
Buyer's Agent
Renee Cooper
Compass Connecticut, LLC
List Price
$159,900
Sold Price
$119,900
Premium/Discount to List
-$40,000
-25.02%
Current Estimated Value
$300,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,196
Avg. Annual Appreciation
8.99%
Original Mortgage
$117,700
Outstanding Balance
$90,560
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$216,818

Purchase Details

Closed on
Aug 25, 2005
Sold by
318 Asylum Llc
Bought by
Lighthouse Kevin and Humphrey Sindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,700
Interest Rate
5.68%

Purchase Details

Closed on
Jan 30, 2003
Sold by
Lorinsky Jay and Lorinsky Leticia
Bought by
318 Asylum Llc
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
Mosquera Xavier $119,900 --
Mosquera Xavier $119,900 --
Lighthouse Kevin $234,400 --
Lighthouse Kevin $234,400 --
318 Asylum Llc $125,000 --
318 Asylum Llc $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 318 Asylum Llc $117,700
Closed 318 Asylum Llc $117,700
Previous Owner 318 Asylum Llc $230,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2014 09/26/14 Sold $119,900 -25.0% $62 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
09/27/2013 09/27/13 For Sale $159,900 -- $82 / 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 $5,905 $145,900 $59,800 $86,100
2024 $5,573 $145,900 $59,800 $86,100
2023 $4,460 $91,700 $34,700 $57,000
2022 $4,446 $91,700 $34,700 $57,000
2021 $4,460 $91,700 $34,700 $57,000
2020 $4,445 $91,700 $34,700 $57,000
2019 $4,401 $91,700 $34,700 $57,000
2018 $3,794 $78,400 $29,800 $48,600
2017 $3,821 $78,400 $29,800 $48,600
2016 $3,846 $78,400 $29,800 $48,600
2015 $3,768 $78,400 $29,800 $48,600
2014 $3,601 $78,400 $29,800 $48,600
Source: Public Records

Agents Affiliated with this Home

  • Renee Cooper

    Seller's Agent in 2014

    Renee Cooper

    Compass Connecticut, LLC

    (860) 961-3657

    5 in this area

    79 Total Sales

    Renee Cooper
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Map

Source: SmartMLS

MLS Number: E270611

SmartMLS

APN: NORW-000091-000002-000039

Connecticut New London County Norwich 06360 Central Norwich

318 Asylum St, Norwich, CT

This home is located at 318 Asylum St, Norwich, CT 06360 since 27 September 2013 and is currently estimated at $300,096, approximately $154 per square foot. This property was built in 1852. 318 Asylum St is a home located in New London County with nearby schools including John B. Stanton Elementary School, Teachers' Memorial Global Studies Magnet Middle, and Montessori Discovery 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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