NOT LISTED FOR SALE

41 Palmer St Unit 27 Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $247,000 - $262,000

3 Beds
3.5 Baths
1,230 Sq Ft
$110/mo HOA Fee

Last Sold June 07, 2022

Last sale price $200,000 $163 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,960/month

50 Days on Market

Highlights

  • Property is near public transit
  • Partially Wooded Lot
  • Thermal Windows
  • Secluded Lot
  • End Unit
  • Cul-De-Sac

About This Home

As of June 2022

Beautifully maintained 3 story townhouse. 3 bedrooms, 3.5 bathrooms, eat-in kitchen with tile flooring & slider door to the rear deck. 3rd bedroom on the 1st level with separate entrance. Hardwood floors throughout, freshly painted unit with central air and natural gas. Conveniently located close to Route2, 12, 395 and local businesses--Casinos, Electric Boat, Pfizer, and Coast guard. Nothing to do but move in. Won't pass FHA. The seller will install the dishwasher and dryer. If the mortgage appraisal comes in less than the contract price, the seller won't adjust the selling price to match the appraisal price.

Last Agent to Sell the Property

Helen Yu

Coldwell Banker Realty License #RES.0783994 Listed on: 02/18/2022

Coldwell Banker Realty

Last Buyer's Agent

Monique Frigon

RE/MAX Diverse License #RES.0821932

RE/MAX Diverse

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,830

Year Built

  • Built in 2009

Lot Details

  • End Unit
  • Cul-De-Sac
  • Partially Wooded Lot

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • Thermal Windows
  • Electric Range
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Norwich Free Academy High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal
  • 48 Units
  • Unit Owners Association Community
  • Property managed by Sikandar Rana, LLC

Pet Policy

  • Pets Allowed

Additional Features

  • Public Transportation
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,830

Year Built

Built in 2009

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1230
  • Public Record Living Room Sq Ft: 1230
  • Total Sq Ft: 1230
  • Year Built: 2009
  • Nearby Amenities: Library, Medical Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1909
  • Directions: Hamilton Ave to 41 Palmer St - Unit 27
  • Special Features: None

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Description: Full With Walk-Out, Fully Finished, Heated, Interior Access
  • Appliances: Electric Range, Refrigerator, Washer
  • Attic: No
  • Street Number Modifier: 41

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Assigned Parking, Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal
  • Complex Name: Unit Owners Association
  • Levels In Unit: 3
  • HOA Fees: 110
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Manager Email: attorneyrana@gmail.com
  • Property Mgt Company Name: Sikandar Rana, LLC
  • Property Mgt Phone: 8602879210

Schools

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

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Lot Description: On Cul-De-Sac, Secluded, Lightly Wooded
  • Zoning: MF

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4830
  • Total Assessed Value: 99300
  • Mil Rate Base: 42.350
  • Mil Rate Tax District: 6.290
  • Mil Rate Total: 48.640
  • Assessor Parcel Number: 2591878

Multi Family

  • Total Num Of Units: 48

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Jun 6, 2022
Sold by
Mandell Marc and Wang Jiao Y
Bought by
Hutchins Imani
Seller's Agent
Helen Yu
Coldwell Banker Realty
Buyer's Agent
Monique Frigon
RE/MAX Diverse
List Price
$194,000
Sold Price
$200,000
Premium/Discount to List
$6,000
3.09%
Total Days on Market
50
Current Estimated Value
$256,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,790
Avg. Annual Appreciation
7.51%
Original Mortgage
$180,000
Outstanding Balance
$171,498
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$81,423

Purchase Details

Closed on
Dec 23, 2010
Sold by
Palmer Place Norwich L
Bought by
Wang Jiao Yang
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hutchins Imani $200,000 None Available
Hutchins Imani $200,000 None Available
Wang Jiao Yang $162,000 --
Wang Jiao Yang $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchins Imani $180,000
Closed Hutchins Imani $180,000
Previous Owner Wang Jiao Y $50,000
Previous Owner Wang Jiao Yang $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $200,000 +3.1% $163 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $194,000 0.0% $158 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $194,000 -- $158 / 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 $5,431 $134,200 $0 $134,200
2024 $5,126 $134,200 $0 $134,200
2023 $4,966 $102,100 $0 $102,100
2022 $4,814 $99,300 $0 $99,300
2021 $4,830 $99,300 $0 $99,300
2020 $4,813 $99,300 $0 $99,300
2019 $4,765 $99,300 $0 $99,300
2018 $3,924 $81,100 $0 $81,100
2017 $3,953 $81,100 $0 $81,100
2016 $3,979 $81,100 $0 $81,100
2015 $3,898 $81,100 $0 $81,100
2014 $3,725 $81,100 $0 $81,100
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Helen Yu

    Coldwell Banker Realty

    (860) 625-2528

    14 in this area

    39 Total Sales

    Helen Yu
    Section Image

  • M

    Buyer's Agent in 2022

    Monique Frigon

    RE/MAX

    Section Image
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Map

Source: SmartMLS

MLS Number: 170468309

SmartMLS

APN: NORW-000103-000002-000066-000027

Connecticut New London County Norwich 06360 Central Norwich

41 Palmer St Unit 27, Norwich, CT

This home is located at 41 Palmer St Unit 27, Norwich, CT 06360 since 18 February 2022 and is currently estimated at $256,790, approximately $208 per square foot. This property was built in 2009. 41 Palmer St Unit 27 is a home located in New London County with nearby schools including Veterans' Memorial Elementary School, Kelly STEAM Magnet Middle School, and Integrated Day Charter School.

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