NOT LISTED FOR SALE

Estimated Value: $246,000 - $258,000

2 Beds
1 Bath
768 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $230,000 $299 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,697/month

53 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Heating System Uses Steam
  • Attic

About This Home

As of August 2023

BEST AND HIGHEST by Saturday, July 1 @ 5pm. Want a better option than living in a condo with high HOA fees? Well, 42 Lambert Drive in Norwich might very well be just that. This single level ranch is located on a quiet street between Harland Rd and Canterbury Turnpike on a mostly level .18 acre lot. The inside is cozy at just under 800 square feet of living space with glistening hardwood floors throughout, to the exclusion of the full bathroom. Speaking of the recently fully renovated bathroom, it’s replete with a brand new tiled shower, attractive gray tiled floors, brand new tub, sink, toilet and light fixtures. Upon entering the house, you will be greeted on the right by a brand new kitchen boasting stainless steel Samsung appliances, white cabinets and an alluring selection of granite countertops. The two bedrooms face the level backyard ready for the next owner to make it their own. The full basement offers a bulkhead door to the backyard and is where the laundry is located. The oil boiler is also located in the basement, was serviced recently, and produces steam heat with its cast iron radiators. This is an ideal property for anyone looking for a low maintenance turn key home for essentially the price of what it costs to rent in town. Please come and take a look.

Last Agent to Sell the Property

Stephano Stravoravdis

Real Broker CT, LLC License #RES.0807925 Listed on: 06/26/2023

Real Broker CT, LLC

Last Buyer's Agent

Mark Tetreault, II

RE/MAX Bell Park Realty License #RES.0813569

RE/MAX Bell Park Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 1952

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned R40

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 768 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • Norwich Free Academy High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,921

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 768
  • Public Record Living Room Sq Ft: 768
  • Total Sq Ft: 768
  • Year Built: 1952
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1536
  • Tax Year Updated Dt: 07/03/2023
  • Directions: Turn left on Lambert Drive.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Crawl Space
  • Basement Description: Full With Hatchway
  • Appliances: Electric Cooktop, Oven/Range, Convection Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1800
  • Lot Description: Dry
  • Zoning: R40

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 2921
  • Mil Rate Base: 41.850
  • Assessor Parcel Number: 2415220

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Aug 18, 2023
Sold by
Ryder James
Bought by
Oliveira Shasta B
Seller's Agent
Stephano Stravoravdis
Real Broker CT, LLC
Buyer's Agent
Mark Tetreault, II
RE/MAX Bell Park Realty
List Price
$197,000
Sold Price
$230,000
Premium/Discount to List
$33,000
16.75%
Views
96
Current Estimated Value
$251,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,189
Avg. Annual Appreciation
3.91%
Original Mortgage
$225,834
Outstanding Balance
$220,688
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$30,501
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oliveira Shasta B $230,000 None Available
Oliveira Shasta B $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveira Shasta B $225,834
Closed Oliveira Shasta B $225,834
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $230,000 +16.8% $299 / Sq Ft
06/26/2023 06/26/23 For Sale $197,000 -- $257 / 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 $4,564 $131,100 $34,800 $96,300
2024 $4,359 $131,100 $34,800 $96,300
2023 $2,921 $69,800 $29,500 $40,300
2022 $2,944 $69,800 $29,500 $40,300
2021 $2,956 $69,800 $29,500 $40,300
2020 $2,958 $69,800 $29,500 $40,300
2019 $2,837 $69,800 $29,500 $40,300
2018 $2,952 $71,200 $33,700 $37,500
2017 $2,896 $71,200 $33,700 $37,500
2016 $2,968 $71,200 $33,700 $37,500
2015 $2,947 $71,200 $33,700 $37,500
2014 $2,780 $71,200 $33,700 $37,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170580270

SmartMLS

APN: NORW-000053-000002-000058