Seller's Agent in 2025
Holly Regoli
HomeSmart Professionals Real Estate
(401) 524-3948
1 in this area
52 Total Sales
47 Fairmount St Norwich, CT 06360
Central Norwich Neighborhood
7
Beds
4.5
Baths
3,422
Sq Ft
10,019
Sq Ft Lot
About This Home
As of March 2025Back on Market due to buyer financing. Welcome to this fantastic two-unit property in the heart of Norwich! It's got everything you need for a solid investment. Or, live comfortably in one of the apartments while renting out the other! It's in a great location, and has great income potential. The upper apartment is 2 levels with 4 bedrooms and 4 bathrooms! The neighborhood is prime Norwich - close to the Casinos, hospital, Holly Hock Island, and lots of cafes and restaurants. This property needs some work to make it shine, and may be best suited for cash purchase. Investors take notice! As-is sale. Seller will not make repairs or improvements prior to sale. MOTIVATED SELLER! SEND ALL OFFERS! Cash or hard money preferred.
Last Agent to Sell the Property
HomeSmart Professionals Real Estate License #RES.0812349 Listed on: 01/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,686
Year Built
- Built in 1900
Lot Details
- 10,019 Sq Ft Lot
Parking
- 4 Parking Spaces
Home Design
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 3,422 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Attic or Crawl Hatchway Insulated
Bedrooms and Bathrooms
- 7 Bedrooms
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Fuel Tank Located in Basement
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 2414238
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2025
Closed on
Mar 3, 2025
Sold by
7 Anchor Llc
Bought by
Toussaint Brunot
Seller's Agent
Holly Regoli
HomeSmart Professionals Real Estate
Buyer's Agent
Russell Wilson
ERA Hart Sargis-Breen
List Price
$235,000
Sold Price
$226,000
Premium/Discount to List
-$9,000
-3.83%
Views
681
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
$8,500
Avg. Annual Appreciation
5.07%
Purchase Details
Closed on
Jun 22, 2023
Sold by
Wilmington Svgs Fund Soc
Bought by
7 Anchor Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,950
Interest Rate
6.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Mar 13, 2023
Sold by
Dy Zhannda and Wilmington Svgs Fund Soc
Bought by
Quercus Mtg Inv T and Wilmington Svgs Fund Soc
Purchase Details
Closed on
May 1, 2020
Sold by
Kim Navy and Dy Zhannda
Bought by
Dy Zhannda and Kim Navy
Purchase Details
Closed on
Jun 25, 2009
Sold by
Valley Louisa and Us Bank Na
Bought by
Us Bank Na
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,673
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 2, 2009
Sold by
Us Bank Na
Bought by
Dy Zhannada and Kim Navy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,673
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2006
Sold by
Palaia Brian and Palaia Amy
Bought by
Valley Louisa
Purchase Details
Closed on
Sep 5, 2003
Sold by
Pitura John and Pitura Cecylia
Bought by
Pazaia Brian and Hill Amy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $226,000 | None Available | |
| Warranty Deed | $226,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Commissioners Deed | $192,636 | None Available | |
| Commissioners Deed | $192,636 | None Available | |
| Commissioners Deed | $192,636 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Warranty Deed | $161,600 | -- | |
| Warranty Deed | $161,600 | -- | |
| Warranty Deed | $339,000 | -- | |
| Warranty Deed | $339,000 | -- | |
| Warranty Deed | $203,000 | -- | |
| Warranty Deed | $203,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $192,950 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $158,673 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2025 03/05/25 | Sold | $226,000 | -3.8% | $66 / Sq Ft |
| 02/18/2025 02/18/25 | Pending | -- | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $235,000 | -- | $69 / 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 | $8,143 | $201,200 | $47,800 | $153,400 |
| 2024 | $7,686 | $201,200 | $47,800 | $153,400 |
| 2023 | $6,109 | $125,600 | $27,700 | $97,900 |
| 2022 | $6,089 | $125,600 | $27,700 | $97,900 |
| 2021 | $6,109 | $125,600 | $27,700 | $97,900 |
| 2020 | $6,088 | $125,600 | $27,700 | $97,900 |
| 2019 | $6,028 | $125,600 | $27,700 | $97,900 |
| 2018 | $5,304 | $109,600 | $23,800 | $85,800 |
| 2017 | $5,342 | $109,600 | $23,800 | $85,800 |
| 2016 | $5,377 | $109,600 | $23,800 | $85,800 |
| 2015 | $5,267 | $109,600 | $23,800 | $85,800 |
| 2014 | $5,034 | $109,600 | $23,800 | $85,800 |
Source: Public Records
Agents Affiliated with this Home
-
Holly Regoli
-
Russell Wilson
Buyer's Agent in 2025
Russell Wilson
ERA Hart Sargis-Breen
(860) 690-9450
1 in this area
4 Total Sales
Map
Source: SmartMLS
MLS Number: 24067902
APN: NORW-000101-000001-000061
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