NOT LISTED FOR SALE

488 E Main St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $210,000 - $237,972

3 Beds
2 Baths
1,091 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $140,000 $128 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,556/month

12 Days on Market

Highlights

  • 0.74 Acre Lot
  • No HOA
  • Baseboard Heating
  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Open Lot

About This Home

As of April 2022

Bring your tool belt and vision to this 3 bedroom 2 bathroom home. This property features a detached 2 car garage with lots of off street parking and a large cleared yard. This home just needs that special touch to help realize its potential!

Last Agent to Sell the Property

EMILY Milano

Kings of the House LLC License #RES.0804324 Listed on: 03/11/2022

Last Buyer's Agent

Jolene Brant

Coldwell Banker Realty License #RES.0817951

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,142

Year Built

  • Built in 1925

Lot Details

  • 0.74 Acre Lot
  • Open Lot
  • Property is zoned MF

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 1,091 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,142

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod, Colonial
  • Sq Ft Est Heated Above Grade: 1091
  • Public Record Living Room Sq Ft: 1091
  • Total Sq Ft: 1091
  • Year Built: 1925
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1892
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 2
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Hatchway
  • Appliances: Gas Cooktop, Refrigerator, Dishwasher
  • Attic: No

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.7400
  • Lot Description: Open Lot
  • Zoning: MF

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3142
  • Mil Rate Base: 42.350
  • Mil Rate Tax District: 6.290
  • Assessor Parcel Number: 2413997

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 26, 2022
Sold by
Chan Mei C
Bought by
Sligar Amy L
Seller's Agent
EMILY Milano
Kings of the House LLC
Buyer's Agent
Jolene Brant
Coldwell Banker Realty
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$220,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,993
Avg. Annual Appreciation
13.13%
Original Mortgage
$125,600
Outstanding Balance
$117,664
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,329

Purchase Details

Closed on
Mar 18, 2016
Sold by
Chan Hoi T and Chan Mei C
Bought by
Chan Mei C

Purchase Details

Closed on
Nov 13, 2008
Sold by
Stewart Scott and Stewart Amelia
Bought by
Chfa

Purchase Details

Closed on
Jan 19, 2006
Sold by
Robert Samantha
Bought by
Stewart Scott and Stewart Amelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.33%
Mortgage Type
VA

Purchase Details

Closed on
Dec 26, 2002
Sold by
Hoxie Benjamin and Hoxie Agnes
Bought by
Robert Samantha and Channte Brockway
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
Sligar Amy L $140,000 None Available
Sligar Amy L $140,000 None Available
Chan Mei C -- --
Chan Mei C -- --
Chfa -- --
Chfa -- --
Stewart Scott $163,000 --
Stewart Scott $163,000 --
Robert Samantha $99,000 --
Robert Samantha $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sligar Amy L $125,600
Closed Sligar Amy L $125,600
Previous Owner Robert Samantha $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2022 04/26/22 Sold $140,000 -3.4% $128 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $145,000 -- $133 / 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 $4,820 $119,100 $43,600 $75,500
2024 $4,550 $119,100 $43,600 $75,500
2023 $3,142 $64,600 $21,500 $43,100
2022 $3,132 $64,600 $21,500 $43,100
2021 $3,142 $64,600 $21,500 $43,100
2020 $3,131 $64,600 $21,500 $43,100
2019 $3,100 $64,600 $21,500 $43,100
2018 $3,208 $66,300 $20,200 $46,100
2017 $3,231 $66,300 $20,200 $46,100
2016 $3,253 $66,300 $20,200 $46,100
2015 $3,186 $66,300 $20,200 $46,100
Source: Public Records

Agents Affiliated with this Home

  • EMILY Milano

    Seller's Agent in 2022

    EMILY Milano

    Kings of the House LLC

    (860) 942-3243

    3 in this area

    69 Total Sales

    EMILY Milano
    Section Image

  • J

    Buyer's Agent in 2022

    Jolene Brant

    Coldwell Banker Realty

    Section Image
  • Bill Heenan

    Buyer Co-Listing Agent in 2022

    Bill Heenan

    William Raveis Real Estate

    (860) 850-2697

    32 in this area

    725 Total Sales

    Bill Heenan
    Section Image
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Map

Source: SmartMLS

MLS Number: 170473354

SmartMLS

APN: NORW-000103-000003-000091

Connecticut New London County Norwich 06360 Central Norwich

488 E Main St, Norwich, CT

Not Listed for Sale

Detached

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