NOT LISTED FOR SALE

40 Central Ave Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $253,545 - $368,000

6 Beds
2 Baths
1,876 Sq Ft
$169/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2020

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

Est. 51% increase in value since last sale

Current estimated payment $2,137 / mo

54 Days on Market

Highlights

  • Property is near public transit and bus stop
  • 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 N.E. 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 and 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

5,227 Sq Ft Lot

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

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

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
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Assessor Parcel Number: 2027430

MLS Schools

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

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
Jul 5, 2020
Closed on
Aug 28, 2020
Sold by
Bought by
Seller's Agent
Mario Stephens
RE/MAX Legends
Buyer's Agent
Ashley Staub
Signature Properties of N.E.
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%
Current Estimated Value
$316,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,636
Avg. Annual Appreciation
7.26%
Original Mortgage
$206,196
Outstanding Balance
$182,569
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$134,067

Purchase Details

Closed on
Feb 8, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 2000
Sold by
Bought by

Purchase Details

Closed on
May 24, 1988
Sold by
Bought by
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

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
$130,000 --
$106,500 --
$46,000 --
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
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

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 $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

    131 Total Sales

    Mario Stephens
    Section Image

  • A

    Buyer's Agent in 2020

    Ashley Staub

    Signature Properties of N.E.

    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

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