NOT LISTED FOR SALE

Estimated Value: $178,000 - $201,000

1 Bed
1 Bath
576 Sq Ft
$437/mo HOA Fee

Last Sold December 11, 2020

Last sale price $70,000 $122 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,731/month

491 Days on Market

Highlights

  • Pool House
  • Partially Wooded Lot
  • End Unit
  • Clubhouse
  • 1 Fireplace
  • Exercise Course

About This Home

As of December 2020

This Condo has French Glass Doors that separate the Living Room/Bedroom area. Located close to The Spa at Norwich Inn and main clubhouse. Fully applianced kitchen, Central AC, City Water and Sewer. This complex has it all! A heated swimming pool AND a saltwater pool. The main clubhouse also has a Jacuzzi, an exercise room, men and women's separate saunas and showers. All located on professionally manicured grounds with spring-fed ponds that have Coi and fountains. The complex is in the process of undergoing a 3 million dollar renovation with NO assessment! Buy now before the new roads, new decks, remodeled clubhouses, upgraded landscaping and more is complete. This condo does not offer government financing 20% down is required if you do decide to finance. Only 2 min to Mohegan Sun and 10 min to Foxwoods. Ask about discounts the Spa offers Villa Owners (no deeded ownership of Spa). This is a resort - a lifestyle! Whether you want to live here every day, or weekends or perhaps months - your choice. Also, you can even lease this condo through AirBnb. The options are endless here. Nothing like this complex anywhere. Easy access to the Ferry to Long Island or Amtrak in New London. Located 1/2 between NYC and Boston.

Last Agent to Sell the Property

Barbara Sullivan

Sullivan Real Estate Group License #REB.0788489 Listed on: 05/16/2019

Last Buyer's Agent

Barbara Sullivan

Sullivan Real Estate Group License #REB.0788489 Listed on: 05/16/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,123

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • Cul-De-Sac
  • Partially Wooded Lot

HOA Fees

  • $437 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 576 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Paved Parking
  • Guest Parking
  • Visitor Parking
  • Parking Lot
  • Off-Street Parking

Pool

  • Pool House
  • Heated In Ground Pool
  • Spa
  • Saltwater Pool

Schools

  • John B. Stanton Elementary School
  • Norwich Free Academy High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is near a golf course

Community Details

Overview

  • Association fees include club house, grounds maintenance, trash pickup, snow removal, property management, pool service, road maintenance, insurance
  • 160 Units
  • The Villas At Norwich Inn & Spa Community
  • Property managed by Myriad Management

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Exercise Course
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,123

Year Built

Built in 1986

Lot Details

0

HOA Fees

$437 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Sq Ft Est Heated Above Grade: 576
  • Public Record Living Room Sq Ft: 576
  • Total Sq Ft: 576
  • Year Built: 1986
  • Nearby Amenities: Golf Course, Putting Green, Tennis Courts
  • Association Amenities: Club House, Exercise Room/Health Club, Guest Parking, Pool
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Boats, Trailer(S)
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 608
  • Tax Year Updated Dt: 08/03/2020
  • Directions: Route 395 to Exit 9 - take 1st Exit - Exit 5..left - go 1.5 miles on left - entrance to Spa at Norwich Inn..2nd stop sign take a right - 1st cul-de-sac on left - 2nd bldg on right #3 - upstairs - corner left 321
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Appliances: Electric Range, Refrigerator, Dishwasher
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 321

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Clapboard, Wood
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Spa, Heated, Salt Water
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking, Parking Lot

Utilities

  • Cooling System: Heat Pump
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pool Service, Road Maintenance, Insurance
  • Complex Name: The Villas at Norwich Inn & Spa
  • Levels In Unit: 1
  • HOA Fees: 437
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-on Site
  • Property Manager Email: clubatnorwich@gmail.com
  • Property Mgt Company Name: Myriad Management
  • Property Mgt Phone: 860-400-2582

Schools

  • Elementary School: John B. Stanton
  • High School: Norwich Free Academy

Lot Info

  • Lot Description: On Cul-De-Sac, Lightly Wooded
  • Zoning: PC

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2123
  • Total Assessed Value: 50100
  • Mil Rate Base: 42.380
  • Mil Rate Total: 42.380
  • Assessor Parcel Number: 2413319

Multi Family

  • Total Num Of Units: 160

MLS Schools

  • Elementary School: John B. Stanton
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Nov 24, 2020
Sold by
Francis A Flynn Ret
Bought by
Las Holdings Llc
Seller's Agent
Barbara Sullivan
Sullivan Real Estate Group
Buyer's Agent
Barbara Sullivan
Sullivan Real Estate Group
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%
Current Estimated Value
$190,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,741
Avg. Annual Appreciation
23.17%
Source: Public Records

Range of Values:

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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
Las Holdings Llc $70,000 None Available
Las Holdings Llc $70,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $70,000 -6.5% $122 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
05/16/2019 05/16/19 For Sale $74,900 -- $130 / 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 $3,384 $97,200 $0 $97,200
2024 $3,232 $97,200 $0 $97,200
2023 $2,097 $50,100 $0 $50,100
2022 $2,113 $50,100 $0 $50,100
2021 $2,122 $50,100 $0 $50,100
2020 $2,123 $50,100 $0 $50,100
2019 $2,036 $50,100 $0 $50,100
2018 $2,297 $55,400 $0 $55,400
2017 $2,253 $55,400 $0 $55,400
2016 $2,293 $55,000 $0 $55,000
2015 $2,276 $55,000 $0 $55,000
2014 $2,147 $55,000 $0 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170196735

SmartMLS

APN: NORW-000129-000001-000004-000321