NOT LISTED FOR SALE

40 Central Ave Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $238,000 - $285,000

6 Beds
2 Baths
1,876 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $210,000 $112 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,807/month

54 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Level Lot
  • No HOA
  • Baseboard Heating

About This Home

As of August 2020

2 Family home with 3 Bedrooms on each unit.

Last Agent to Sell the Property

Mario Stephens

RE/MAX Legends License #RES.0772837 Listed on: 07/05/2020

RE/MAX Legends

Last Buyer's Agent

Ashley Staub

Signature Properties of NewEng License #REB.0790778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1878

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • 1,876 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Parking

  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,771

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Neighborhood: Greenville
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1876
  • Public Record Living Room Sq Ft: 1876
  • Total Sq Ft: 1876
  • Year Built: 1878
  • Nearby Amenities: Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3074
  • Tax Year Updated Dt: 08/03/2020
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Walk-Out, Partially Finished
  • Attic: No
  • Street Number Modifier: 40

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Zoning: MF5

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3771
  • Total Assessed Value: 77800
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Mil Rate Total: 48.470
  • Assessor Parcel Number: 2027430

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2020
Closed on
Aug 28, 2020
Sold by
Rentas Jorge L and Geronima-Rentas Isabel
Bought by
Tavares Maria
Seller's Agent
Mario Stephens
RE/MAX Legends
Buyer's Agent
Ashley Staub
Signature Properties of NewEng
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%
Current Estimated Value
$260,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,386
Avg. Annual Appreciation
4.32%
Original Mortgage
$206,196
Outstanding Balance
$182,985
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$77,401

Purchase Details

Closed on
Feb 8, 2002
Sold by
Herrera Julio A
Bought by
Rentas Jorge L and Rentas Geronima I

Purchase Details

Closed on
Oct 31, 2000
Sold by
Psk Realty Llc
Bought by
Herrera Julio A

Purchase Details

Closed on
May 24, 1988
Sold by
Durga Donald
Bought by
Donegan Michael
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Tavares Maria -- None Available
Tavares Maria -- None Available
Rentas Jorge L $130,000 --
Rentas Jorge L $130,000 --
Herrera Julio A $106,500 --
Herrera Julio A $106,500 --
Donegan Michael $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tavares Maria $206,196
Closed Tavares Maria $206,196
Previous Owner Donegan Michael $228,000
Previous Owner Donegan Michael $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $210,000 +5.1% $112 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $199,900 -- $107 / 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 $5,124 $126,600 $28,400 $98,200
2024 $4,836 $126,600 $28,400 $98,200
2023 $3,784 $77,800 $16,200 $61,600
2022 $3,772 $77,800 $16,200 $61,600
2021 $3,784 $77,800 $16,200 $61,600
2020 $3,771 $77,800 $16,200 $61,600
2019 $3,734 $77,800 $16,200 $61,600
2018 $3,232 $66,800 $13,200 $53,600
2017 $3,256 $66,800 $13,200 $53,600
2016 $3,277 $66,800 $13,200 $53,600
2015 $3,210 $66,800 $13,200 $53,600
2014 $3,068 $66,800 $13,200 $53,600
Source: Public Records

Agents Affiliated with this Home

  • Mario Stephens

    Seller's Agent in 2020

    Mario Stephens

    RE/MAX

    (860) 235-5700

    30 in this area

    125 Total Sales

    Mario Stephens
    Section Image

  • A

    Buyer's Agent in 2020

    Ashley Staub

    Signature Properties of NewEng

    (860) 447-8839

    6 Total Sales

    Ashley Staub
    Section Image
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Map

Source: SmartMLS

MLS Number: 170313103

SmartMLS

APN: NORW-000094-000004-000031

Connecticut New London County Norwich 06360 Central Norwich

40 Central Ave, Norwich, CT

This home is located at 40 Central Ave, Norwich, CT 06360 since 05 July 2020 and is currently estimated at $260,386, approximately $138 per square foot. This property was built in 1878. 40 Central Ave is a home located in New London County with nearby schools including John B. Stanton Elementary School, Teachers' Memorial Global Studies Magnet Middle, and Integrated Day Charter School.

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.

SmartMLS 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.

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