Seller's Agent in 2021
Geoff Smith
RE/MAX
(860) 912-3209
8 in this area
133 Total Sales
4 Sachem Terrace Norwich, CT 06360
Central Norwich Neighborhood
5
Beds
4
Baths
3,828
Sq Ft
0.37
Acres
Highlights
- Property is near public transit
- No HOA
- Public Transportation
- Attic
- Porch
- Attached Carport
About This Home
As of July 2021Welcome to 4 Sachem Terrace, a fantastic investment opportunity in the heart of Norwich! This 4 unit property includes one 2 bedroom unit & three 1 bedroom units, all with low vacancy rates. Features in these spacious, sunlit apartments include separate laundry in some units & separate utilities in all units (the front unit is oil heat, rear unit is natural gas, and the upstairs unit are electric). This property is also zoned NC with the opportunity for commercial use as well. This location is convenient to Backus Hospital, NFA, downtown Norwich, I-395, casino's, restaurants, shops, and more! Neighboring property at 3 Sachem Terrace is also listed for sale, MLS #170396622. Sellers are willing to package both properties together, maximizing the convenience & potential for the next owner.
Last Agent to Sell the Property
RE/MAX on the Bay License #REB.0792694 Listed on: 05/04/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,794
Year Built
- Built in 1895
Lot Details
- 0.37 Acre Lot
- Level Lot
Home Design
- Side-by-Side
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 3,828 Sq Ft Home
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Partially Finished Attic
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Parking
- Attached Carport
- Shared Driveway
- Off-Street Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near a golf course
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Hot Water Circulator
- Fuel Tank Located in Basement
Community Details
Overview
- No Home Owners Association
- 4 Units
Additional Features
- Public Transportation
- Gross Income $39,180
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $296,500 | -1.1% | $77 / Sq Ft |
| 05/12/2021 05/12/21 | Pending | -- | -- | -- |
| 05/04/2021 05/04/21 | For Sale | $299,900 | 0.0% | $78 / Sq Ft |
| 06/12/2019 06/12/19 | Rented | $1,300 | 0.0% | -- |
| 05/04/2019 05/04/19 | For Rent | $1,300 | +37.6% | -- |
| 12/01/2017 12/01/17 | Rented | $945 | +5.0% | -- |
| 09/29/2017 09/29/17 | For Rent | $900 | 0.0% | -- |
| 08/19/2017 08/19/17 | Rented | $900 | 0.0% | -- |
| 08/19/2017 08/19/17 | Under Contract | -- | -- | -- |
| 06/04/2017 06/04/17 | For Rent | $900 | +5.9% | -- |
| 09/20/2016 09/20/16 | Rented | $850 | 0.0% | -- |
| 08/30/2016 08/30/16 | Price Changed | $850 | -5.6% | $1 / Sq Ft |
| 08/10/2016 08/10/16 | For Rent | $900 | 0.0% | -- |
| 08/01/2016 08/01/16 | Rented | $900 | -2.7% | -- |
| 05/01/2016 05/01/16 | For Rent | $925 | -- | -- |
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 | $13,760 | $340,000 | $34,100 | $305,900 |
| 2024 | $12,988 | $340,000 | $34,100 | $305,900 |
| 2023 | $7,461 | $153,400 | $27,000 | $126,400 |
| 2022 | $7,437 | $153,400 | $27,000 | $126,400 |
| 2021 | $7,821 | $160,800 | $27,000 | $133,800 |
| 2020 | $7,794 | $160,800 | $27,000 | $133,800 |
| 2019 | $7,717 | $160,800 | $27,000 | $133,800 |
| 2018 | $6,537 | $135,100 | $27,000 | $108,100 |
| 2017 | $6,585 | $135,100 | $27,000 | $108,100 |
| 2016 | $6,628 | $135,100 | $27,000 | $108,100 |
| 2015 | $6,493 | $135,100 | $27,000 | $108,100 |
| 2014 | $6,205 | $135,100 | $27,000 | $108,100 |
Source: Public Records
Agents Affiliated with this Home
-
Geoff Smith
-
D
Seller's Agent in 2019
Deb Boyd
Coldwell Banker Realty
Map
Source: SmartMLS
MLS Number: 170396638
APN: NORW 0116020001
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