NOT LISTED FOR SALE

472 Asylum St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $270,000 - $322,000

3 Beds
1.5 Baths
1,824 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $234,000 $128 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,076/month

3 Days on Market

Highlights

  • Above Ground Pool
  • Property is near public transit
  • Ranch Style House
  • 0.78 Acre Lot
  • Secluded Lot
  • Attic

About This Home

As of December 2021

Secluded property on just over 3/4 acre. Great level backyard, perfect for entertaining. Move-in ready, just needs your personal touch. New 200 amp electrical panel. New 50-gallon electric hot water heater. Baths have been remodeled, complete with tile floor. Living room has bay window and exposed brick with access for pellet stove if you want one!! Wood burning stove in the basement. Oversize 1-car garage with storage with new garage door and opener. Lots of closets throughout the house, including one in each bathroom. Tons of cabinets in the kitchen as well as a pantry. Newer refrigerator and dishwasher. Unfinished basement is dry and a blank slate for additional living space!!

Last Agent to Sell the Property

Gary Peacock

Berkshire Hathaway NE Prop. License #REB.0792925 Listed on: 10/31/2021

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Pat Malek

First Choice Realty License #REB.0750029

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,752

Year Built

  • Built in 1981

Lot Details

  • 0.78 Acre Lot
  • Secluded Lot
  • Sloped Lot
  • Property is zoned R20

Home Design

  • Ranch Style House
  • Gable Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Basement Storage

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Above Ground Pool
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Norwich Free Academy High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Garage
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,752

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1056
  • Public Record Living Room Sq Ft: 1056
  • Sq Ft Est Heated Below Grade: 768
  • Total Sq Ft: 1824
  • Year Built: 1981
  • Nearby Amenities: Library, Medical Facilities, Park, Private School(s), Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Located in the heart of Norwich, but located at top of property so feels very private. Beautiful view of the river. There will never be any building behind the property or in the lot to the north. Close to downtown, medical facilities, shopping, dog park.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2160
  • Tax Year Updated Dt: 10/31/2021
  • Directions: From New London Turnpike, come south on Asylum. House is on the right, located at top of property. From Main Street, come north on Asylum. House is on the left, located at top of property.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full With Walk-Out, Partially Finished, Garage Access, Walk-out, Liveable Space, Storage
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 472

Exterior Features

  • Exterior Features: Gutters, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Gable
  • Swimming Pool: Yes
  • Pool: Above Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage, Off Street Parking
  • Garages Number: 1
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: 50 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.7800
  • Lot Description: Secluded, Sloping Lot, Fence - Partial
  • Flood Zone: No
  • Zoning: R20

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3752
  • Total Assessed Value: 88600
  • Mil Rate Base: 42.350
  • Mil Rate Total: 42.350
  • Assessor Parcel Number: 2023707

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Dec 23, 2021
Sold by
Picard Ronald L and Picard Nancy L
Bought by
Longo Rosemary and Longo William W
Seller's Agent
Gary Peacock
Berkshire Hathaway NE Prop.
Buyer's Agent
Pat Malek
First Choice Realty
List Price
$230,000
Sold Price
$234,000
Premium/Discount to List
$4,000
1.74%
Current Estimated Value
$299,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,568
Avg. Annual Appreciation
6.67%
Original Mortgage
$229,761
Outstanding Balance
$212,270
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$83,577

Purchase Details

Closed on
May 1, 1986
Bought by
Picard Ronald L and Picard Nancy L
Source: Public Records

Range of Values:

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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
Longo Rosemary $234,000 None Available
Longo Rosemary $234,000 None Available
Picard Ronald L $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longo Rosemary $229,761
Closed Longo Rosemary $229,761
Previous Owner Picard Ronald L $50,000
Previous Owner Picard Ronald L $122,000
Previous Owner Picard Ronald L $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $234,000 +1.7% $128 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $230,000 -- $126 / 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 $5,228 $150,200 $53,500 $96,700
2024 $4,994 $150,200 $53,500 $96,700
2023 $3,708 $88,600 $31,100 $57,500
2022 $3,737 $88,600 $31,100 $57,500
2021 $3,752 $88,600 $31,100 $57,500
2020 $3,755 $88,600 $31,100 $57,500
2019 $3,601 $88,600 $31,100 $57,500
2018 $3,396 $81,900 $26,700 $55,200
2017 $3,331 $81,900 $26,700 $55,200
2016 $3,414 $81,900 $26,700 $55,200
2015 $3,390 $81,900 $26,700 $55,200
2014 $3,197 $81,900 $26,700 $55,200
Source: Public Records

Agents Affiliated with this Home

  • Gary Peacock

    Seller's Agent in 2021

    Gary Peacock

    Berkshire Hathaway Home Services

    (719) 314-9898

    6 in this area

    29 Total Sales

    Section Image
  • Pat Malek

    Buyer's Agent in 2021

    Pat Malek

    First Choice Realty

    (860) 377-1967

    4 in this area

    186 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170449016

SmartMLS

APN: NORW-000083-000001-000041

Connecticut New London County Norwich 06360 Central Norwich

472 Asylum St, Norwich, CT

This home is located at 472 Asylum St, Norwich, CT 06360 since 31 October 2021 and is currently estimated at $297,702, approximately $163 per square foot. This property was built in 1981. 472 Asylum St is a home located in New London County with nearby schools including John B. Stanton Elementary School, Teachers' Memorial Global Studies Magnet Middle, and Montessori Discovery School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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