NOT LISTED FOR SALE

319 Central Ave Unit 321 Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $282,000

10 Beds
4 Baths
4,260 Sq Ft
$66/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $125,000 $29 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,816/month

190 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • No HOA
  • Baseboard Heating
  • Level Lot

About This Home

As of February 2019

4 Family house. Needs work. Great income opportunity.

Last Agent to Sell the Property

Robert Bell

Coldwell Banker Realty License #RES.0790819 Listed on: 05/10/2018

Coldwell Banker Realty

Last Buyer's Agent

Jay Kelly

William Raveis Real Estate License #RES.0809553

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,595

Year Built

  • Built in 1860

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 4,260 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Schools

  • Norwich Free Academy High School

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Steam

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $1,490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,595

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Neighborhood: Greenville
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 4260
  • Public Record Living Room Sq Ft: 4260
  • Total Sq Ft: 4260
  • Year Built: 1860
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 8030
  • Directions: Central Avenue. Pass Jerry's Appliances. On the right.
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Basement Description: Unfinished
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: No
  • Street Number Modifier: 319

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard, Radiator, Steam
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy

Lot Info

  • Acres: 0.2400
  • Lot Description: Level Lot
  • Zoning: MF

Multi Family

  • Gross Annual Income: 1490
  • Unit Count: 4
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5595
  • Total Assessed Value: 114800
  • Mil Rate Base: 40.670
  • Mil Rate Tax District: 8.070
  • Mil Rate Total: 48.740
  • Assessor Parcel Number: 2027986

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
T3 Investments
Bought by
Lura Llc
Current Estimated Value
$282,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Outstanding Balance
$371,680
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$89,680

Purchase Details

Closed on
Sep 15, 2006
Sold by
Beck Lawrence and Beck Mariia
Bought by
Cent 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,500
Interest Rate
6.71%

Purchase Details

Closed on
Apr 18, 2005
Sold by
Paradis Joseph and Paradis Paula
Bought by
Beck Marica and Beck Lawrence
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
Lura Llc -- None Available
Cent 2 Llc $365,000 --
Cent 2 Llc $365,000 --
Beck Marica $369,000 --
Beck Marica $369,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lura Llc $408,750
Previous Owner T3 Investments Llc $93,750
Previous Owner Paradis Joseph T $273,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $125,000 -16.7% $29 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $150,000 -40.0% $35 / Sq Ft
07/16/2018 07/16/18 Price Changed $250,000 -50.0% $59 / Sq Ft
06/13/2018 06/13/18 Price Changed $500,000 +100.0% $117 / Sq Ft
05/10/2018 05/10/18 For Sale $250,000 0.0% $59 / Sq Ft
12/15/2017 12/15/17 Rented $950 +11.8% --
10/02/2017 10/02/17 For Rent $850 -15.0% --
06/20/2016 06/20/16 Rented $1,000 0.0% --
06/20/2016 06/20/16 Under Contract -- -- --
04/27/2016 04/27/16 For Rent $1,000 +2.6% --
12/26/2015 12/26/15 Rented $975 -11.4% --
12/24/2015 12/24/15 Under Contract -- -- --
07/26/2015 07/26/15 For Rent $1,100 +10.0% --
06/16/2014 06/16/14 Rented $1,000 -13.0% --
06/16/2014 06/16/14 Under Contract -- -- --
06/03/2014 06/03/14 For Rent $1,150 -- --
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 $9,680 $239,200 $37,600 $201,600
2024 $9,137 $239,200 $37,600 $201,600
2023 $6,002 $123,400 $21,500 $101,900
2022 $5,982 $123,400 $21,500 $101,900
2021 $6,002 $123,400 $21,500 $101,900
2020 $5,981 $123,400 $21,500 $101,900
2019 $5,922 $123,400 $21,500 $101,900
2018 $5,555 $114,800 $18,400 $96,400
2017 $5,595 $114,800 $18,400 $96,400
2016 $5,632 $114,800 $18,400 $96,400
2015 $5,517 $114,800 $18,400 $96,400
2014 $5,273 $114,800 $18,400 $96,400
Source: Public Records

Agents Affiliated with this Home

  • Robert Bell

    Seller's Agent in 2019

    Robert Bell

    Coldwell Banker Realty

    (817) 800-9694

    5 in this area

    10 Total Sales

    Robert Bell
    Section Image
  • Jay Kelly

    Buyer's Agent in 2019

    Jay Kelly

    William Raveis Real Estate

    (860) 550-0295

    34 in this area

    124 Total Sales

    Jay Kelly
    Section Image
  • Mary Nasi-Graham

    Seller's Agent in 2017

    Mary Nasi-Graham

    IMT Realty

    (860) 908-6918

    16 in this area

    127 Total Sales

    Mary Nasi-Graham
    Section Image

  • T

    Buyer's Agent in 2017

    Timothy Lemoine

    IMT Realty

See All Agents

Map

Source: SmartMLS

MLS Number: 170082807

SmartMLS

APN: NORW-000087-000002-000074

Connecticut New London County Norwich 06360 Central Norwich

319 Central Ave Unit 321, Norwich, CT

This home is located at 319 Central Ave Unit 321, Norwich, CT 06360 since 10 May 2018 and is currently estimated at $282,000, approximately $66 per square foot. This property was built in 1860. 319 Central Ave Unit 321 is a home located in New London County with nearby schools including Moriarty Magnet 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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