NOT LISTED FOR SALE

463 E Main St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $211,000 - $316,000

8 Beds
2.5 Baths
2,230 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $72,000 $32 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $1,982/month

170 Days on Market

Highlights

  • Attic
  • Covered Deck
  • Property is near a bus stop
  • No HOA

About This Home

As of July 2021

Large eight bedroom 2-Family with great potential. Walking distance to everything. Being sold As-Is. Needs a lot of work. Will not qualify for government loans. Town assessment is $77,400 and appraisal is $110,500.

Last Agent to Sell the Property

Jay Kelly

William Raveis Real Estate License #RES.0809553 Listed on: 10/16/2020

William Raveis Real Estate

Last Buyer's Agent

Jay Kelly

William Raveis Real Estate License #RES.0809553 Listed on: 10/16/2020

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,752

Year Built

  • Built in 1880

Lot Details

  • 10,454

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 2,230 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • Driveway
  • On-Street Parking

Schools

  • Bishop Elementary School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Additional Features

  • Covered Deck
  • 10,454 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,752

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2230
  • Public Record Living Room Sq Ft: 2230
  • Total Sq Ft: 2230
  • Year Built: 1880
  • Nearby Amenities: Basketball Court, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4146
  • Directions: on main street
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes

Exterior Features

  • Exterior Features: Covered Deck
  • Exterior Siding: Clapboard
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer In Street

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2400
  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: MF

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3752
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Assessor Parcel Number: 2415753

MLS Schools

  • Elementary School: Bishop
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Tt Invs Invs Llc
Bought by
T463 East Main St Llc
Current Estimated Value
$275,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$258,756
Interest Rate
6.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$17,122

Purchase Details

Closed on
Mar 31, 2023
Sold by
T463 East Main St Llc
Bought by
Tt Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 13, 2021
Sold by
Carignan Anthony
Bought by
T463 East Main Street Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
T463 East Main St Llc -- None Available
T463 East Main St Llc -- None Available
T463 East Main St Llc -- None Available
Tt Investments Llc -- None Available
Tt Investments Llc -- None Available
Tt Investments Llc -- None Available
T463 East Main Street Llc $72,000 None Available
T463 East Main Street Llc $72,000 None Available
T463 East Main Street Llc $72,000 None Available
T463 East Main Street Llc $72,000 None Available
T463 East Main Street Llc $72,000 None Available
T463 East Main Street Llc $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open T463 East Main St Llc $262,500
Closed T463 East Main St Llc $262,500
Previous Owner Tt Investments Llc $220,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2021 07/20/21 Sold $72,000 0.0% $32 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
02/01/2021 02/01/21 Price Changed $72,000 +2.9% $32 / Sq Ft
01/29/2021 01/29/21 For Sale $70,000 -2.8% $31 / Sq Ft
01/06/2021 01/06/21 Off Market $72,000 -- --
01/06/2021 01/06/21 Pending -- -- --
10/16/2020 10/16/20 For Sale $70,000 +133.3% $31 / Sq Ft
06/17/2016 06/17/16 Sold $30,000 -24.8% $13 / Sq Ft View Prior Sale
05/13/2016 05/13/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $39,900 -- $18 / 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 $6,435 $159,000 $35,800 $123,200
2024 $5,963 $156,100 $35,800 $120,300
2023 $3,765 $77,400 $17,600 $59,800
2022 $3,752 $77,400 $17,600 $59,800
2021 $3,765 $77,400 $17,600 $59,800
2020 $3,752 $77,400 $17,600 $59,800
2019 $3,714 $77,400 $17,600 $59,800
2018 $3,518 $72,700 $16,600 $56,100
2017 $3,543 $72,700 $16,600 $56,100
2016 $3,567 $72,700 $16,600 $56,100
2015 $3,494 $72,700 $16,600 $56,100
2014 $3,339 $72,700 $16,600 $56,100
Source: Public Records

Agents Affiliated with this Home

  • Jay Kelly

    Seller's Agent in 2021

    Jay Kelly

    William Raveis Real Estate

    (860) 550-0295

    38 in this area

    128 Total Sales

    Jay Kelly
    Section Image

  • D

    Seller's Agent in 2016

    Darrin Merrill

    William Raveis Real Estate

    Section Image
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Map

Source: SmartMLS

MLS Number: 170347682

SmartMLS

APN: NORW-000103-000004-000024

Connecticut New London County Norwich 06360 Central Norwich

463 E Main St, Norwich, CT

Not Listed for Sale

MultiFamily

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