Seller's Agent in 2024
Alexis John
RE/MAX
(401) 369-0060
6 in this area
64 Total Sales
38 Ward St Norwich, CT 06360
Central Norwich Neighborhood
4
Beds
2
Baths
1,618
Sq Ft
6,970
Sq Ft Lot
Highlights
- Finished Attic
- Ceiling Fan
- Baseboard Heating
- Attic
About This Home
As of December 2024Welcome to 38 Ward St, a well-maintained two-family home offering exceptional value and flexibility. This property features two separate 2-bedroom, 1-bathroom units, perfect for investors or homeowners looking for additional rental income.The lower unit has been updated, showcasing a fresh look that's ready for you to move in or rent out. The upper unit boasts classic charm with the added benefit of natural gas heating, supported by a newer furnace. The property also offers a new roof, providing peace of mind and long-term durability. Additionally, the expansive backyard is a standout feature, offering ample space for outdoor activities. Conveniently located to all major highways, Mohegan Sun, Foxwoods, and many other local attractions!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,378
Year Built
- Built in 1850
Lot Details
- 6,970 Sq Ft Lot
Parking
- 4 Parking Spaces
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,618 Sq Ft Home
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Attic
- Walkup Attic
- Finished Attic
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Gross Income $19,800
Listing and Financial Details
- Assessor Parcel Number 2416137
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2024
Closed on
Nov 25, 2024
Sold by
856 Limitged Liability Co
Bought by
Colcaire Nicole A
Seller's Agent
Alexis John
RE/MAX One
Buyer's Agent
Luis Pagan
RE/MAX One
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,476
Avg. Annual Appreciation
-9.63%
Original Mortgage
$182,000
Outstanding Balance
$180,838
Interest Rate
6.54%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$59,662
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $182,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $182,000 | New Conventional | |
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $26,568 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $260,000 | +4.0% | $161 / Sq Ft |
| 11/06/2024 11/06/24 | Pending | -- | -- | -- |
| 10/28/2024 10/28/24 | For Sale | $249,900 | -- | $154 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $4,638 | $114,600 | $33,000 | $81,600 |
| 2024 | $4,378 | $114,600 | $33,000 | $81,600 |
| 2023 | $3,594 | $73,900 | $22,600 | $51,300 |
| 2022 | $3,583 | $73,900 | $22,600 | $51,300 |
| 2021 | $3,594 | $73,900 | $22,600 | $51,300 |
| 2020 | $3,582 | $73,900 | $22,600 | $51,300 |
| 2019 | $3,542 | $73,800 | $22,500 | $51,300 |
| 2018 | $3,252 | $67,200 | $22,500 | $44,700 |
| 2017 | $3,275 | $67,200 | $22,500 | $44,700 |
| 2016 | $3,297 | $67,200 | $22,500 | $44,700 |
| 2015 | $3,230 | $67,200 | $22,500 | $44,700 |
| 2014 | $3,086 | $67,200 | $22,500 | $44,700 |
Source: Public Records
Agents Affiliated with this Home
-
Alexis John
-
Luis Pagan
L
Buyer's Agent in 2024
Luis Pagan
RE/MAX
(860) 333-3089
2 in this area
21 Total Sales
Map
Source: SmartMLS
MLS Number: 24056594
APN: NORW-000109-000003-000047
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.
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.
Nearby Homes