NOT LISTED FOR SALE

414 Old Pond Ln Unit 414 Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $180,000 - $189,199

1 Bed
1 Bath
576 Sq Ft
$437/mo HOA Fee

Last Sold September 27, 2021

Last sale price $126,500 $220 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,681/month

7 Days on Market

Highlights

  • Golf Course Community
  • Golf Course View
  • Clubhouse
  • Pool House
  • Open Floorplan
  • Deck

About This Home

As of September 2021

Smart first floor villa overlooking the 16th hole at the Norwich Inn golf course! Enjoy your morning coffee or the afternoon sun with a drink sitting on your large deck. This resort-type condominium project is full ownership with spa, gym, pool, hot tub and clubhouse access. The association takes care of the expansive grounds, pools and amenities. In addition, the homeowner association takes care of heat and central air maintenance, roof and all exteriors for each unit. This complex is absolutely gorgeous. Three million dollar exterior upgrade underway - with NO new assessment. This could be your primary home, a second/vacation home for weekends, a rental investment or your summer retreat.

Last Agent to Sell the Property

Jay Kelly

William Raveis Real Estate License #RES.0809553 Listed on: 07/12/2021

William Raveis Real Estate

Last Buyer's Agent

Michelle Sireci

KEY Real Estate Services LLC License #RES.0817875

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,127

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • Cul-De-Sac
  • Many Trees
  • Garden

HOA Fees

  • $437 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Wood Siding
  • Clap Board Siding
  • Concrete Siding

Interior Spaces

  • 576 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • French Doors
  • Golf Course Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Paved Parking
  • Guest Parking
  • Visitor Parking
  • Parking Lot
  • Off-Street Parking

Pool

  • Pool House
  • Heated In Ground Pool
  • Spa
  • Saltwater Pool

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Norwich Free Academy High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include club house, grounds maintenance, trash pickup, snow removal, property management, pool service, road maintenance, insurance
  • 160 Units
  • Villas At Norwich Inn Community
  • Property managed by Myriad Property Mgt

Amenities

  • Public Transportation
  • Clubhouse
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Exercise Course
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,127

Year Built

Built in 1986

Lot Details

0

HOA Fees

$437 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 576
  • Public Record Living Room Sq Ft: 576
  • Total Sq Ft: 576
  • Year Built: 1986
  • Nearby Amenities: Golf Course, Health Club, Medical Facilities, Private Rec Facilities, Public Transportation, Putting Green, Shopping/Mall, Tennis Courts
  • Association Amenities: Club House, Exercise Room/Health Club, Golf Course, Guest Parking, Private Rec Facilities, Pool
  • Remarks Public Addendum: Back gate is locked; use main entrance off of West Thames St.
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 624
  • Directions: GPS Friendly Route 2 to Villas at Norwich Inn, Take Right at second stop sign, Continue past mailboxes, Take Left at main pool to end, #4 Condo will be right in front of you
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 414

Exterior Features

  • Exterior Features: Deck, French Doors, Garden Area, Lighting, Sidewalk
  • Exterior Siding: Clapboard, Wood
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Spa, Heated, Salt Water
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking, Parking Lot

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pool Service, Road Maintenance, Insurance
  • Complex Name: Villas at Norwich Inn
  • Levels In Unit: 1
  • HOA Fees: 437
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-on Site
  • Property Mgt Company Name: Myriad Property Mgt
  • Property Mgt Phone: (860) 400-2582

Schools

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

Lot Info

  • Lot Description: On Cul-De-Sac, Golf Course Frontage, Golf Course View, Treed
  • Zoning: PC

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2127
  • Total Assessed Value: 50200
  • Mil Rate Base: 42.380
  • Mil Rate Total: 42.380
  • Assessor Parcel Number: 2020305

Multi Family

  • Total Num Of Units: 160

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
Jul 12, 2021
Closed on
Sep 23, 2021
Sold by
Kei Consultants Llc
Bought by
Ton John and Ton Kristine
Seller's Agent
Jay Kelly
William Raveis Real Estate
Buyer's Agent
Michelle Sireci
KEY Real Estate Services LLC
List Price
$125,000
Sold Price
$126,500
Premium/Discount to List
$1,500
1.2%
Current Estimated Value
$180,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,562
Avg. Annual Appreciation
9.23%
Original Mortgage
$96,500
Outstanding Balance
$88,380
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$89,630

Purchase Details

Listed on
Aug 21, 2019
Closed on
Sep 6, 2019
Sold by
Lee Stephen M
Bought by
Kei Consultants Llc
Seller's Agent
BJ Lee
William Raveis Real Estate
Buyer's Agent
Barbara Sullivan
Sullivan Real Estate Group
List Price
$69,500
Sold Price
$60,000
Premium/Discount to List
-$9,500
-13.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.63%

Purchase Details

Closed on
Sep 3, 2014
Sold by
Albamonti Richard J
Bought by
Lee Stephen M

Purchase Details

Closed on
May 1, 2003
Sold by
Miner Richard
Bought by
Albamonte Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
5.82%
Source: Public Records

Range of Values:

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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
Ton John $126,500 None Available
Ton John $126,500 None Available
Kei Consultants Llc -- --
Kei Consultants Llc -- --
Lee Stephen M $47,000 --
Lee Stephen M $47,000 --
Albamonte Richard $75,000 --
Albamonte Richard $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ton John $96,500
Closed Ton John $96,500
Previous Owner Albamonte Richard $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $126,500 +1.2% $220 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $125,000 +108.3% $217 / Sq Ft
09/06/2019 09/06/19 Sold $60,000 -13.7% $104 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $69,500 -- $121 / 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 $3,091 $88,800 $0 $88,800
2024 $2,953 $88,800 $0 $88,800
2023 $2,101 $50,200 $0 $50,200
2022 $2,117 $50,200 $0 $50,200
2021 $2,126 $50,200 $0 $50,200
2020 $2,127 $50,200 $0 $50,200
2019 $2,040 $50,200 $0 $50,200
2018 $1,700 $41,000 $0 $41,000
2017 $1,667 $41,000 $0 $41,000
2016 $1,697 $40,700 $0 $40,700
2015 $1,685 $40,700 $0 $40,700
2014 $1,589 $40,700 $0 $40,700
Source: Public Records

Agents Affiliated with this Home

  • Jay Kelly

    Seller's Agent in 2021

    Jay Kelly

    William Raveis Real Estate

    (860) 550-0295

    8 in this area

    127 Total Sales

    Section Image
  • Michelle Sireci

    Buyer's Agent in 2021

    Michelle Sireci

    KEY Real Estate Services LLC

    (860) 625-3187

    4 in this area

    78 Total Sales

    Section Image
  • BJ Lee

    Seller's Agent in 2019

    BJ Lee

    William Raveis Real Estate

    (860) 213-2853

    28 in this area

    155 Total Sales

    Section Image
  • Barbara Sullivan

    Buyer's Agent in 2019

    Barbara Sullivan

    Sullivan Real Estate Group

    (860) 608-5336

    55 in this area

    74 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170418998

SmartMLS

APN: NORW-000129-000001-000004-000414

Connecticut New London County Norwich 06360 East Great Plains

414 Old Pond Ln Unit 414, Norwich, CT

This home is located at 414 Old Pond Ln Unit 414, Norwich, CT 06360 since 12 July 2021 and is currently estimated at $185,800, approximately $322 per square foot. This property was built in 1986. 414 Old Pond Ln Unit 414 is a home located in New London County with nearby schools including Thomas W. Mahan Elementary School, Teachers' Memorial Global Studies Magnet Middle, and Mayflower Montessori School.

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