NOT LISTED FOR SALE

41 Palmer St Unit 28 Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $252,629 - $278,000

2 Beds
3.5 Baths
1,230 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $190,000 $154 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,924/month

23 Days on Market

Highlights

  • Attic
  • Central Air
  • Ceiling Fan
  • Balcony

About This Home

As of November 2022

Wonderfully maintained condo waiting for you to make it your own. This two bedroom, 3.5 bathroom unit has an open concept that is spacious and inviting. Two large bedrooms are located upstairs, each with a full bath. The finished basement has a full bathroom and space for a possible kitchenette. With a one car garage, hardwood floors, and balcony this condo is sure to please.

Last Agent to Sell the Property

Randy Gallogly

Carl Guild & Associates License #RES.0796594 Listed on: 09/22/2022

Last Buyer's Agent

Ivy Ong

RE/MAX Heritage License #RES.0794065

RE/MAX Heritage

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 2009

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • Ceiling Fan
  • Attic or Crawl Hatchway Insulated
  • Laundry on main level

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include grounds maintenance, snow removal
  • 32 Units
  • Palmer Place Community

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,712

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
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1909
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Partially Finished, Heated, Garage Access, Liveable Space
  • Appliances: Electric Range, Range Hood, Refrigerator, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal
  • Complex Name: Palmer Place
  • HOA Fees: 110
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Lot Info

  • Lot Description: N/A
  • Zoning: MF

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4712
  • Mil Rate Base: 42.180
  • Mil Rate Tax District: 6.300
  • Assessor Parcel Number: 2591879

Multi Family

  • Total Num Of Units: 32

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
Sep 22, 2022
Closed on
Nov 21, 2022
Sold by
Cedio Thomas S and Frizzola Jillian C
Bought by
Palma Rosa M
Seller's Agent
Randy Gallogly
Carl Guild & Associates
Buyer's Agent
Ivy Ong
RE/MAX Heritage
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Views
21
Current Estimated Value
$262,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,657
Avg. Annual Appreciation
11.28%
Original Mortgage
$177,700
Outstanding Balance
$172,319
Interest Rate
7.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$90,338

Purchase Details

Closed on
Aug 29, 2011
Sold by
Palmer Pl Of Norwich L
Bought by
Cedio Thomas S and Frizzola Jillian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,099
Interest Rate
4.37%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Palma Rosa M -- None Available
Palma Rosa M -- None Available
Palma Rosa M -- None Available
Cedio Thomas S $149,900 --
Cedio Thomas S $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palma Rosa M $177,700
Closed Palma Rosa M $177,700
Previous Owner Cedio Thomas S $146,099
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $190,000 -2.6% $154 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $195,000 -- $159 / 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 $5,172 $127,800 $0 $127,800
2024 $4,882 $127,800 $0 $127,800
2023 $4,742 $97,500 $0 $97,500
2022 $4,712 $97,200 $0 $97,200
2021 $4,728 $97,200 $0 $97,200
2020 $4,711 $97,200 $0 $97,200
2019 $4,665 $97,200 $0 $97,200
2018 $3,832 $79,200 $0 $79,200
2017 $3,860 $79,200 $0 $79,200
2016 $3,886 $79,200 $0 $79,200
2015 $3,806 $79,200 $0 $79,200
2014 $3,638 $79,200 $0 $79,200
Source: Public Records

Agents Affiliated with this Home

  • Randy Gallogly

    Seller's Agent in 2022

    Randy Gallogly

    Carl Guild & Associates

    (860) 710-8587

    1 in this area

    24 Total Sales

    Randy Gallogly
    Section Image
  • Ivy Ong

    Buyer's Agent in 2022

    Ivy Ong

    RE/MAX

    (203) 452-7653

    29 in this area

    75 Total Sales

    Ivy Ong
    Section Image
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Map

Source: SmartMLS

MLS Number: 170525353

SmartMLS

APN: NORW-000103-000002-000066-000028

Connecticut New London County Norwich 06360 Central Norwich

41 Palmer St Unit 28, Norwich, CT

Not Listed for Sale

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