48 Lake St Norwich, CT 06360
Central Norwich NeighborhoodEstimated payment $788/month
Highlights
- Popular Property
- Level Lot
- Wood Siding
About This Home
Investors take note!!! Ripe with potential just minutes from downtown, Norwich. 48 Lake Street is conveniently located near the heart of historic Downtown Norwich, just minutes from Backus Hospital, and a short drive to both Mohegan Sun and Foxwoods casinos. Bring your toolbox and your vision to this blank canvas, ready for someone to give it a fresh remodel. Norwich is actively investing in its future through the revitalization of its waterfront, led by the Norwich Community Development Corporation (NCDC), creating new opportunities for business, culture, and community growth. With its central location, ongoing economic development efforts, and strong vision for the future, Norwich is quickly becoming one of Connecticut's most promising places to invest-making now the perfect time to get in early! Don't wait!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,768
Year Built
- Built in 1870
Lot Details
- 1,742 Sq Ft Lot
- Level Lot
- Property is zoned MF
Home Design
- 1,190 Sq Ft Home
- Concrete Foundation
- Frame Construction
- Wood Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Schools
- John M. Moriarty Elementary School
- Norwich Free Academy High School
Utilities
- No Heating
- No Hot Water
Listing and Financial Details
- Assessor Parcel Number 2412053
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,768 | $93,100 | $18,400 | $74,700 |
| 2024 | $3,556 | $93,100 | $18,400 | $74,700 |
| 2023 | $2,797 | $57,500 | $13,000 | $44,500 |
| 2022 | $2,788 | $57,500 | $13,000 | $44,500 |
| 2021 | $2,797 | $57,500 | $13,000 | $44,500 |
| 2020 | $2,787 | $57,500 | $13,000 | $44,500 |
| 2019 | $2,759 | $57,500 | $13,000 | $44,500 |
| 2018 | $2,420 | $50,000 | $15,300 | $34,700 |
| 2017 | $2,437 | $50,000 | $15,300 | $34,700 |
| 2016 | $2,453 | $50,000 | $15,300 | $34,700 |
| 2015 | $2,807 | $58,400 | $15,300 | $43,100 |
| 2014 | $2,682 | $58,400 | $15,300 | $43,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | For Sale | $89,000 | +623.6% | $75 / Sq Ft |
| 06/27/2014 06/27/14 | Sold | $12,300 | -23.1% | $10 / Sq Ft |
| 05/16/2014 05/16/14 | Pending | -- | -- | -- |
| 02/24/2014 02/24/14 | For Sale | $16,000 | -- | $13 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Commissioners Deed | $28,333 | None Available | |
| Commissioners Deed | $28,333 | None Available | |
| Warranty Deed | $12,300 | -- | |
| Warranty Deed | $12,300 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Warranty Deed | $108,000 | -- | |
| Warranty Deed | $108,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $5,000 | New Conventional |
Source: SmartMLS
MLS Number: 24124755
APN: NORW-000093-000006-000007
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