NOT LISTED FOR SALE

41 Palmer St Unit 8 Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $236,000 - $245,000

2 Beds
2.5 Baths
1,230 Sq Ft
$110/mo HOA Fee

Last Sold July 13, 2022

Last sale price $185,000 $150 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,801/month

81 Days on Market

Highlights

  • Deck
  • End Unit
  • Level Lot
  • Attic
  • Central Air

About This Home

As of July 2022

Easy living in this 2 Bedroom condo in convenient location to highways and shopping. Unit features hardwood floors, 2.5 baths, garage and much more! A complete package ready to move into! Hurry!

Last Agent to Sell the Property

Janet McKenzie

William Raveis Real Estate License #RES.0452991 Listed on: 03/21/2022

William Raveis Real Estate

Last Buyer's Agent

Stephanie Rush

RE/MAX Legends License #REB.0975065

RE/MAX Legends

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,315

Year Built

  • Built in 2007

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck

Schools

  • Norwich Free High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • End Unit

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal
  • 32 Units
  • Palmer Place Community
  • Property managed by Sikandar Rana, LLC

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,315

Year Built

Built in 2007

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: 2007
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1909
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Route 12 to norwich to route 2 make a right. Left onto hamilton ave. Right onto palmer
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Attic: Yes
  • Street Number Modifier: 41

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • 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: Palmer Place
  • Levels In Unit: 2
  • HOA Fees: 110
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Mgt Company Name: Sikandar Rana, LLC
  • Property Mgt Phone: 8602879210

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: MF8

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4315
  • Total Assessed Value: 89000
  • Mil Rate Base: 42.180
  • Mil Rate Tax District: 6.300
  • Mil Rate Total: 48.480
  • Assessor Parcel Number: 2583919

Multi Family

  • Total Num Of Units: 32

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Jul 12, 2022
Sold by
Portfolio Shawn J
Bought by
Fost Madelyn E and Hart Austin J
Seller's Agent
Janet McKenzie
William Raveis Real Estate
Buyer's Agent
Stephanie Rush
RE/MAX Legends
List Price
$169,900
Sold Price
$185,000
Premium/Discount to List
$15,100
8.89%
Current Estimated Value
$242,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,331
Avg. Annual Appreciation
7.68%
Original Mortgage
$111,000
Outstanding Balance
$94,696
Interest Rate
4.81%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$140,093

Purchase Details

Closed on
Mar 5, 2008
Sold by
Palmer Place Nwch Llc
Bought by
Portfolio Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
5.57%
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
Fost Madelyn E $185,000 None Available
Fost Madelyn E $185,000 None Available
Fost Madelyn E $185,000 None Available
Portfolio Shawn $174,000 --
Portfolio Shawn $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fost Madelyn E $111,000
Closed Fost Madelyn E $111,000
Previous Owner Portfolio Shawn $156,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $185,000 +8.9% $150 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $169,900 0.0% $138 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $169,900 0.0% $138 / Sq Ft
03/09/2020 03/09/20 Rented $1,250 0.0% --
02/04/2020 02/04/20 For Rent $1,250 0.0% --
09/01/2014 09/01/14 Rented $1,250 0.0% --
08/27/2014 08/27/14 Under Contract -- -- --
07/08/2014 07/08/14 For Rent $1,250 +4.2% --
08/01/2013 08/01/13 Rented $1,200 0.0% --
08/01/2013 08/01/13 Under Contract -- -- --
06/06/2013 06/06/13 For Rent $1,200 -- --
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 $4,877 $120,500 $0 $120,500
2024 $4,603 $120,500 $0 $120,500
2023 $4,329 $89,000 $0 $89,000
2022 $4,315 $89,000 $0 $89,000
2021 $4,329 $89,000 $0 $89,000
2020 $4,314 $89,000 $0 $89,000
2019 $4,271 $89,000 $0 $89,000
2018 $3,755 $77,600 $0 $77,600
2017 $3,782 $77,600 $0 $77,600
2016 $3,807 $77,600 $0 $77,600
2015 $3,729 $77,600 $0 $77,600
2014 $3,564 $77,600 $0 $77,600
Source: Public Records

Agents Affiliated with this Home

  • Janet McKenzie

    Seller's Agent in 2022

    Janet McKenzie

    William Raveis Real Estate

    (860) 460-9470

    1 in this area

    57 Total Sales

    Janet McKenzie
    Section Image
  • Stephanie Rush

    Buyer's Agent in 2022

    Stephanie Rush

    RE/MAX

    (860) 449-2699

    17 in this area

    190 Total Sales

    Stephanie Rush
    Section Image

  • J

    Buyer's Agent in 2020

    Joanne Herlihy

    William Raveis Real Estate

    (860) 841-1965

    14 Total Sales

    Joanne Herlihy
    Section Image
  • Jacqueline Kapusta

    Buyer's Agent in 2013

    Jacqueline Kapusta

    Navick Properties LLC

    (860) 501-1124

    5 in this area

    44 Total Sales

    Jacqueline Kapusta
    Section Image
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Map

Source: SmartMLS

MLS Number: 170466475

SmartMLS

APN: NORW-000103-000002-000066-000008

Connecticut New London County Norwich 06360 Central Norwich

41 Palmer St Unit 8, Norwich, CT

This home is located at 41 Palmer St Unit 8, Norwich, CT 06360 since 21 March 2022 and is currently estimated at $242,331, approximately $197 per square foot. This property was built in 2007. 41 Palmer St Unit 8 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.

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.

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