$203,000
SOLD MAR 24, 2025
5 Beds
2 Baths
2,786 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

18% Below List Price

32 Days on Market

Highlights

  • Attic
  • Hot Water Circulator
  • Hot Water Heating System

About This Home

As of March 2025

Welcome to a great investment opportunity here in Norwich CT. This expansive two-family property has an abundance of space and New England charm making it the perfect canvas for both investors and owner-occupants alike. The first-floor unit features three bedrooms, an eat-in kitchen and a spacious living room. Conveniently, a washer and dryer hookup is located in the bathroom. The second unit, you'll find similar features offering 2 bedrooms. Washer and dryer hookups for this unit are in the basement level. The large windows throughout both units fill the space with natural light, creating a warm and welcoming atmosphere. While the property does require TLC, it presents an opportunity for the right touches to elevate its beauty and value. Imagine the potential of transforming this space into a lucrative rental investment. A great feature of this property is the walk-up attic, which has the possibility of additional living space elevating the second units income potential. Close to both Mohegan Sun and Foxwoods! With its spacious layout, fantastic natural light, and prime location, this two-family home is ready to welcome new owners. Seize this opportunity to make it yours! Being Sold As Is.

Last Agent to Sell the Property

Krystal Davis

RE/MAX One License #RES.0802976 Listed on: 01/31/2025

RE/MAX One

Last Buyer's Agent

Regina Civardi

Priority Real Estate Group,LLC License #RES.0816344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,051

Year Built

  • Built in 1875

Lot Details

  • 4,356 Sq Ft Lot

Home Design

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

Interior Spaces

  • 2,786 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2020788

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,051

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2786
  • Total Sq Ft: 2786
  • Year Built: 1875
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Take Asylum St to Pearl St. Pearl St is closer to Main St side of Asylum, near State Farm.
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Stone

Garage/Parking

  • Driveway Type: Paved
  • Total Parking Spaces: 2
  • Garage And Parking: None, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Electric, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.1
  • Lot Description: Corner Lot Level Lot
  • Zoning: MF
  • Parcel #: 2020788

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6051

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Mar 21, 2025
Sold by
Riske April C
Bought by
Cc Re Management Llc
Seller's Agent
Krystal Davis
RE/MAX One
Buyer's Agent
Regina Civardi
Priority Real Estate Group,LLC
List Price
$249,000
Sold Price
$203,000
Premium/Discount to List
-$46,000
-18.47%
Views
133
Current Estimated Value
$233,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,174
Avg. Annual Appreciation
21.55%

Purchase Details

Closed on
Aug 31, 2010
Sold by
Handleman Sandra L
Bought by
Riske April C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,711
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2000
Sold by
Hull William J and Hull Jennifer L
Bought by
Stultz Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
8.18%
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 Type Sale Price Title Company
Warranty Deed $203,000 None Available
Warranty Deed $203,000 None Available
Warranty Deed $128,000 --
Warranty Deed $128,000 --
Warranty Deed $80,000 --
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,711 FHA
Previous Owner $79,900 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2025 03/24/25 Sold $203,000 -18.5% $73 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $249,000 -- $89 / 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 $6,410 $158,400 $34,000 $124,400
2024 $6,051 $158,400 $34,000 $124,400
2023 $4,738 $97,400 $19,700 $77,700
2022 $4,722 $97,400 $19,700 $77,700
2021 $4,738 $97,400 $19,700 $77,700
2020 $4,721 $97,400 $19,700 $77,700
2019 $4,674 $97,400 $19,700 $77,700
2018 $3,982 $82,300 $16,900 $65,400
2017 $4,011 $82,300 $16,900 $65,400
2016 $4,038 $82,300 $16,900 $65,400
2015 $3,955 $82,300 $16,900 $65,400
2014 $3,780 $82,300 $16,900 $65,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24071894

SmartMLS

APN: NORW-000101-000003-000059