NOT LISTED FOR SALE

48 U S 5 Norwich, VT 05055

Estimated Value: $482,873 - $997,000

5 Beds
3 Baths
2,045 Sq Ft
$320/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $375,000 $183 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,270/month

9 Days on Market

About This Home

As of November 2021

Great opportunity to own an investment property in Norwich. Live in one unit and let the other two pay the mortgage or just rent the three units. Great over-sized garage adjacent with storage space above. Views of the Connecticut River!

Last Agent to Sell the Property

Liam McCarthy

Coldwell Banker LIFESTYLES - Hanover Brokerage Phone: 603-643-6406 License #059581 Listed on: 08/09/2021

Coldwell Banker LIFESTYLES - Hanover

Last Buyer's Agent

Linda White

EXP Realty License #081.0004275

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,972

Year Built

  • Built in 1920

Lot Details

  • 0.42 Acre Lot
  • Lot Sloped Up

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,045 Sq Ft Home
  • 2-Story Property

Utilities

  • Heating System Uses Oil
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,972

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Freestanding, Multi-Family
  • Directions: Head North from Ledyard Bridge on Rte. 5 to #48 on right hand side-see sign
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 183.37
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2045
  • Sq Ft - Apx Total Finished: 2045
  • Year Built: 1920
  • Remarks Public: Great opportunity to own an investment property in Norwich. Live in one unit and let the other two pay the mortgage or just rent the three units. Great over-sized garage adjacent with storage space above. Views of the Connecticut River!
  • List Agent: 8076
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Sq Ft - Apx Finished AG: 2045

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Standing Seam

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: 1000 Gallon, Drywell, Private
  • Water: Public Water - On-Site
  • Heating Fuel: Oil
  • Heating: Hot Air
  • Total Electric Meters: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Utilities: Cable - Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Dresden

Lot Info

  • Lot Sq Ft: 18295
  • Lot Acres: 0.42
  • Lot Description: Sloping
  • Surveyed: Yes
  • Zoning: Residential
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 7972
  • Tax Year: 2021

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

MLS Schools

  • School District: Dresden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Nov 11, 2021
Sold by
Burke Walter P and Chehrzad Darius
Seller's Agent
Liam McCarthy
Coldwell Banker LIFESTYLES - Hanover
Buyer's Agent
Linda White
EXP Realty
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$654,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,624
Avg. Annual Appreciation
15.99%
Source: Public Records

Range of Values:

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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
-- $375,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $375,000 -6.0% $183 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $399,000 -- $195 / Sq Ft
Source: PrimeMLS

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
2021 $8,287 $351,300 $161,800 $189,500
2020 $8,287 $351,300 $161,800 $189,500
2019 $0 $351,300 $161,800 $189,500
2018 $0 $351,300 $161,800 $189,500
2017 $0 $344,900 $155,400 $189,500
2016 $0 $344,900 $155,400 $189,500
2015 -- $3,395 $0 $0
2014 -- $3,395 $0 $0
2013 -- $3,395 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Liam McCarthy

    Seller's Agent in 2021

    Liam McCarthy

    Coldwell Banker LIFESTYLES - Hanover

    (603) 643-6406

    6 in this area

    72 Total Sales

    Section Image
  • Linda White

    Buyer's Agent in 2021

    Linda White

    EXP Realty

    (802) 356-5345

    4 in this area

    44 Total Sales

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4877114

PrimeMLS

APN: 450-142-12662

Vermont Windsor County Norwich 03755

48 U S 5, Norwich, VT

This home is located at 48 U S 5, Norwich, VT 05055 since 09 August 2021 and is currently estimated at $654,624, approximately $320 per square foot. This property was built in 1920. 48 U S 5 is a home located in Windsor County with nearby schools including Marion W. Cross School, Frances C. Richmond School, and Hanover High 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.

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