NOT LISTED FOR SALE

378 Central Ave Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $265,716 - $354,000

6 Beds
3 Baths
2,040 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2019

Last sale price $150,000 $74 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,204 / mo

4 Days on Market

Highlights

  • Property is near public transit and bus stop
  • 1 Car Detached Garage
  • Public Transportation
  • No HOA
  • Thermal Windows
  • Shed

About This Home

As of July 2019

Investors + owner occupants take notice! Owner jumped in on trial program where the tenants pay their own sewer and water!! A rarity that will save you money every month. Three 2 bedroom units, with one unit recently vacated for an owner occupant. Three high efficiency gas boilers. Detached garage, that is currently included in rent for 1st floor tenant. Real potential for $2,300 + in rent and no utility bills. Everything functioning as it should, and one unit is refreshed and waiting for a new tenant, or owner. Check it out!

Last Agent to Sell the Property

Leo Chomen

Signature Properties of N.E. License #RES.0752883 Listed on: 04/19/2019

Last Buyer's Agent

Dale Bunn

Riverview Realty, LLC License #RES.0788367

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,223

Year Built

  • Built in 1881

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Stone Frame
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,040 Sq Ft Home
  • Thermal Windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Detached Garage
  • Dirt Driveway
  • Off-Street Parking

Schools

  • Norwich Free Academy High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator
  • Electric Water Heater

Additional Features

  • Shed
  • Property is near public transit and bus stop

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,223

Year Built

Built in 1881

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Neighborhood: Greenville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2040
  • Public Record Living Room Sq Ft: 1795
  • Total Sq Ft: 2040
  • Year Built: 1881
  • Nearby Amenities: Basketball Court, Commuter Bus, Park, Playground/Tot Lot, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3443
  • Tax Year Updated Dt: 07/15/2019
  • Directions: Near corner of 12th and Central
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Walk-Out
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 1
  • Attic: No

Exterior Features

  • Exterior Features: Shed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Brick, Stone

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, Off Street Parking
  • Garages Number: 1
  • Driveway Type: Dirt

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1000
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: MF5

Multi Family

  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 3223
  • Mil Rate Base: 41.000
  • Mil Rate Tax District: 6.000
  • Assessor Parcel Number: 2414935

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jul 19, 2019
Sold by
Bought by
Seller's Agent
Leo Chomen
Signature Properties of N.E.
Buyer's Agent
Dale Bunn
Riverview Realty, LLC
List Price
$144,900
Sold Price
$150,000
Premium/Discount to List
$5,100
3.52%
Current Estimated Value
$314,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,429
Avg. Annual Appreciation
11.27%
Original Mortgage
$147,283
Outstanding Balance
$127,218
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$187,211
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $147,283
Closed $147,283
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $150,000 +3.5% $74 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $144,900 -- $71 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,075 $150,100 $26,400 $123,700
2024 $5,734 $150,100 $26,400 $123,700
2023 $3,809 $78,300 $15,100 $63,200
2022 $3,796 $78,300 $15,100 $63,200
2021 $3,809 $78,300 $15,100 $63,200
2020 $3,795 $78,300 $15,100 $63,200
2019 $1,243 $78,300 $15,100 $63,200
2018 $3,223 $66,600 $12,300 $54,300
2017 $3,246 $66,600 $12,300 $54,300
2016 $3,267 $66,600 $12,300 $54,300
2015 $2,922 $60,800 $12,300 $48,500
2014 $2,793 $60,800 $12,300 $48,500
Source: Public Records

Agents Affiliated with this Home

  • Leo Chomen

    Seller's Agent in 2019

    Leo Chomen

    Signature Properties of N.E.

    (860) 447-8839

    22 in this area

    146 Total Sales

    Leo Chomen
    Section Image
  • Dale Bunn

    Buyer's Agent in 2019

    Dale Bunn

    Riverview Realty, LLC

    (860) 942-6623

    24 in this area

    132 Total Sales

    Dale Bunn
    Section Image
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Map

Source: SmartMLS

MLS Number: 170184343

SmartMLS

APN: NORW-000087-000001-000036

Connecticut New London County Norwich 06360 Central Norwich

378 Central Ave, Norwich, CT

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