NOT LISTED FOR SALE

Estimated Value: $201,000 - $234,000

1 Bed
2 Baths
864 Sq Ft
$481/mo HOA Fee

Last Sold August 07, 2020

Last sale price $105,000 $122 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,005/month

35 Days on Market

Highlights

  • Pool House
  • Golf Course View
  • Property is near public transit
  • Penthouse
  • Clubhouse
  • 1 Fireplace

About This Home

As of August 2020

What a View! Overlooks 18 hole Par 71 Golf Course....Close to Spa at Norwich Inn...Beautiful condo currently on the rental program at Spa at Norwich Inn. To be part of this program, you must already be on program. You may take it off if you wish. Full Condominium ownership. If financing you will need 20% down. No government financing. Fully equipped kitchen, living room with cathedral ceilings and fireplace, dining area has a Murphy bed, full bath and walk-in closet downstairs. Upstairs is a Master Bedroom and a 2nd full bath. Resort has 12.51 acres of landscaped grounds, 2 swimming pools, one is heated, the other is Salt Water, Jacuzzi, men and women's locker room and separate saunas, exercise room. Walk to Spa at Norwich Inn. Ask about discounts offered by Spa to deeded owners by the Spa, walk to the golf course, driving range, and even an indoor ice rink. Only 2 min to Mohegan Sun, 10 min to Foxwoods...20 min to Electric Boat, Navy Base, ...perhaps you want this property as a second home..Amtrak and Ferry are less approx 25 min away..2 1/2 hours to NYC, or 2 hrs to Boston. This is a resort that is unlike any other condominium complex. Condo fees pay for many extra items such as heat pump maint, front and back doors. There is a 3 million dollar renovation in process with NO ASSESSMENT. Garbage removal more than one time per week. Spring fed ponds filled with Coi. Check it out soon.

Last Agent to Sell the Property

Barbara Sullivan

Sullivan Real Estate Group License #REB.0788489 Listed on: 05/18/2020

Last Buyer's Agent

Jay Kelly

William Raveis Real Estate License #RES.0809553

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,984

Year Built

  • Built in 1986

HOA Fees

  • $481 Monthly HOA Fees

Home Design

  • Penthouse
  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1 Fireplace
  • Golf Course Views

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

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

Pool

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

Outdoor Features

  • Balcony

Location

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

Schools

  • Samuel Huntington Elementary School
  • Norwich Free Academy High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Public Transportation
  • Clubhouse
  • Laundry Facilities

Recreation

  • Exercise Course
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,984

Year Built

Built in 1986

Lot Details

0

HOA Fees

$481 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse, Penthouse
  • Sq Ft Est Heated Above Grade: 864
  • Public Record Living Room Sq Ft: 864
  • Total Sq Ft: 864
  • Year Built: 1986
  • Nearby Amenities: Golf Course, Health Club, Public Transportation, Putting Green, Tennis Courts
  • Association Amenities: Club House, Exercise Room/Health Club, Guest Parking, Pool
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Boats, Trailer(S)
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 1184
  • Tax Year Updated Dt: 08/03/2020
  • Directions: use GPS - 607 West Thames St, Norwich...take a left into complex - 2nd right at stop sign - take a right - 1st cul-de-sac on left. Walk straight toward golf course..Bldg 4 - upstairs 422
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 422

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Clapboard, Wood
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Spa, Heated, Salt Water
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Heat Pump
  • 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, Pool Service, Insurance
  • Complex Name: Norwich Inn Villas
  • Levels In Unit: 2
  • HOA Fees: 481
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-on Site
  • Property Manager Email: clubatnorwich@gmail.com
  • Property Mgt Company Name: Myriad Property Mgt
  • Property Mgt Phone: 860-400-2582

Schools

  • Elementary School: Samuel Huntington
  • High School: Norwich Free Academy

Lot Info

  • Lot Description: Golf Course Frontage, Golf Course View
  • Zoning: PC
  • Property Info: Gated Community

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2984
  • Total Assessed Value: 70400
  • Mil Rate Base: 42.380
  • Mil Rate Total: 42.380
  • Assessor Parcel Number: 2415807

Multi Family

  • Total Num Of Units: 160

MLS Schools

  • Elementary School: Samuel Huntington
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Aug 4, 2020
Sold by
Israel Warren L
Bought by
Mcguinness Mark
Seller's Agent
Barbara Sullivan
Sullivan Real Estate Group
Buyer's Agent
Jay Kelly
William Raveis Real Estate
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Current Estimated Value
$213,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,658
Avg. Annual Appreciation
14.50%
Original Mortgage
$84,000
Outstanding Balance
$74,848
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,394

Purchase Details

Closed on
Feb 4, 2005
Sold by
Packer Richard
Bought by
Israel Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
5.77%
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
Mcguinness Mark $105,000 None Available
Mcguinness Mark $105,000 None Available
Israel Warren $127,000 --
Israel Warren $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguinness Mark $84,000
Closed Mcguinness Mark $84,000
Previous Owner Israel Warren $114,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $105,000 -4.5% $122 / Sq Ft
07/18/2020 07/18/20 For Sale $109,900 0.0% $127 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $109,900 -- $127 / 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 $4,247 $122,000 $0 $122,000
2024 $4,057 $122,000 $0 $122,000
2023 $2,946 $70,400 $0 $70,400
2022 $2,969 $70,400 $0 $70,400
2021 $2,981 $70,400 $0 $70,400
2020 $2,984 $70,400 $0 $70,400
2019 $2,861 $70,400 $0 $70,400
2018 $2,865 $69,100 $0 $69,100
2017 $2,810 $69,100 $0 $69,100
2016 $2,568 $61,600 $0 $61,600
2015 $2,550 $61,600 $0 $61,600
2014 $2,405 $61,600 $0 $61,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170297322

SmartMLS

APN: NORW-000129-000001-000004-000422