Seller's Agent in 2022
Jay Kelly
William Raveis Real Estate
(860) 550-0295
35 in this area
127 Total Sales
461 Boswell Ave Norwich, CT 06360
Central Norwich NeighborhoodEstimated Value: $185,000 - $227,233
4
Beds
2
Baths
1,884
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Corner Lot
- Porch
- Baseboard Heating
- No HOA
- Property is near a bus stop
- Heating System Uses Steam
About This Home
As of December 2022This charming property is a very solid investment opportunity either fully rented or owner occupied. The street appeal is obvious with covered front porch and dormer windows. Building has been well maintained and additional improvements are currently under way, including new cement walkway and paved parking space in front. Both units are rented below market values and rents can easily be adjusted upward. Both tenants are on month-to-month agreements. Larger upstairs three bedroom unit has washer/dryer hook ups and natural gas heat. Lower unit in walk-out basement has plenty of sun and access to backyard with electric baseboard heating. This cash-flow investment is full of upsides.
Last Agent to Sell the Property
William Raveis Real Estate License #RES.0809553 Listed on: 09/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,788
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Corner Lot
Home Design
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Partial Basement
Parking
- Unpaved Parking
- Off-Street Parking
- Unassigned Parking
Schools
- Norwich Free Academy High School
Utilities
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Electric Water Heater
Additional Features
- Porch
- Property is near a bus stop
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $20,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2022
Closed on
Dec 13, 2022
Sold by
Florio Christine A
Bought by
Miranda Rubi J
Seller's Agent
Jay Kelly
William Raveis Real Estate
Buyer's Agent
Mario Stephens
RE/MAX Legends
List Price
$155,000
Sold Price
$162,500
Premium/Discount to List
$7,500
4.84%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,492
Avg. Annual Appreciation
8.64%
Original Mortgage
$25,000
Outstanding Balance
$20,027
Interest Rate
6.61%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$182,550
Purchase Details
Listed on
Oct 8, 2019
Closed on
Mar 5, 2020
Sold by
Wickham Darryl K
Bought by
Florio Christine
Seller's Agent
Leo Chomen
Signature Properties of NewEng
Buyer's Agent
Maureen McNeil
RE/MAX Bell Park Realty
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Purchase Details
Closed on
Jun 2, 2016
Sold by
Wickham Deidre M
Bought by
Wickham Darryl K
Purchase Details
Closed on
Jan 7, 2004
Sold by
Batten David and Batten Lisa
Bought by
Wickham Darryl and Wickham Deidre
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.88%
Purchase Details
Closed on
Jun 21, 1988
Sold by
Holliday Joseph
Bought by
Batten David
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miranda Rubi J | -- | None Available | |
| Miranda Rubi J | -- | None Available | |
| Miranda Rubi J | -- | None Available | |
| Florio Christine | -- | None Available | |
| Florio Christine | -- | None Available | |
| Florio Christine | -- | None Available | |
| Wickham Darryl K | -- | -- | |
| Wickham Darryl K | -- | -- | |
| Wickham Darryl K | -- | -- | |
| Wickham Darryl | $75,000 | -- | |
| Wickham Darryl | $75,000 | -- | |
| Batten David | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miranda Rubi J | $25,000 | |
| Closed | Miranda Rubi J | $25,000 | |
| Open | Miranda Rubi J | $133,700 | |
| Closed | Miranda Rubi J | $133,700 | |
| Closed | Miranda Rubi J | $25,000 | |
| Previous Owner | Wickham Darryl K | $181,000 | |
| Previous Owner | Batten David | $20,000 | |
| Previous Owner | Batten David | $94,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2022 12/13/22 | Sold | $162,500 | +4.8% | $86 / Sq Ft |
| 10/04/2022 10/04/22 | Pending | -- | -- | -- |
| 09/07/2022 09/07/22 | For Sale | $155,000 | +24.0% | $82 / Sq Ft |
| 03/11/2020 03/11/20 | Sold | $125,000 | -3.8% | $71 / Sq Ft |
| 02/10/2020 02/10/20 | Pending | -- | -- | -- |
| 10/08/2019 10/08/19 | For Sale | $129,900 | -- | $74 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $3,792 | $93,700 | $26,100 | $67,600 |
| 2024 | $3,579 | $93,700 | $26,100 | $67,600 |
| 2023 | $2,792 | $57,400 | $14,800 | $42,600 |
| 2022 | $2,788 | $57,500 | $14,900 | $42,600 |
| 2021 | $2,797 | $57,500 | $14,900 | $42,600 |
| 2020 | $2,782 | $57,400 | $14,800 | $42,600 |
| 2019 | $2,755 | $57,400 | $14,800 | $42,600 |
| 2018 | $2,444 | $50,500 | $12,000 | $38,500 |
| 2017 | $2,461 | $50,500 | $12,000 | $38,500 |
| 2016 | $2,478 | $50,500 | $12,000 | $38,500 |
| 2015 | $2,427 | $50,500 | $12,000 | $38,500 |
| 2014 | $2,319 | $50,500 | $12,000 | $38,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Mario Stephens
RE/MAX
(860) 235-5700
32 in this area
125 Total Sales
-
Seller's Agent in 2020
Leo Chomen
Signature Properties of NewEng
(860) 447-8839
37 in this area
182 Total Sales
-
Buyer's Agent in 2020
Maureen McNeil
RE/MAX
(860) 753-0334
39 Total Sales
Map
Source: SmartMLS
MLS Number: 170521861
APN: NORW-000086-000002-000042
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