NOT LISTED FOR SALE

5 Jefferson Ave Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $250,000 - $318,000

3 Beds
1 Bath
1,296 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $140,000 $108 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,926/month

53 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Hot Water Circulator
  • Property is near public transit
  • Public Transportation
  • Baseboard Heating

About This Home

As of May 2022

BRAND NEW SEPTIC SYSTEM! A conveniently located income producing property ready for new owners. Just minutes from Mohegan Sun, I-395, and Downtown Norwich; this property is a must see! Offering 3 bedrooms, generously sized living spaces, and a large backyard, this home has potential written all over it! Don't allow this opportunity to pass by, schedule your showing today!

Last Agent to Sell the Property

Nathan Cholewa

Kazantzis Real Estate, LLC License #RES.0807423 Listed on: 02/03/2022

Last Buyer's Agent

Ron Lyman

Lyman Real Estate License #REB.0751794

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,888

Year Built

  • Built in 1949

Lot Details

  • 0.33 Acre Lot
  • Sloped Lot
  • Property is zoned GC

Parking

  • On-Street Parking

Home Design

  • 1,296 Sq Ft Home
  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Stone Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Norwich Free Academy High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Oven or Range
  • Rain Gutters

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,888

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1296
  • Public Record Living Room Sq Ft: 1296
  • Total Sq Ft: 1296
  • Year Built: 1949
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Public Transportation, Shopping/Mall
  • Remarks Public Addendum: Home being sold AS IS and Tenant Occupied. New septic system is in process of being installed.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2437
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Full With Walk-Out, Sump Pump
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Gutters
  • Exterior Siding: Shake, Stone, Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.3300
  • Lot Description: Sloping Lot
  • Zoning: GC

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3888
  • Mil Rate Base: 42.350
  • Assessor Parcel Number: 2020176

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
Feb 3, 2022
Closed on
Jun 28, 2022
Sold by
B & M Property Mgmt Llc
Bought by
West Thames Prop Mgmt Llc
Seller's Agent
Nathan Cholewa
Kazantzis Real Estate, LLC
Buyer's Agent
Ron Lyman
Lyman Real Estate
List Price
$169,900
Sold Price
$140,000
Premium/Discount to List
-$29,900
-17.6%
Current Estimated Value
$283,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,719
Avg. Annual Appreciation
21.81%

Purchase Details

Listed on
Feb 3, 2022
Closed on
May 2, 2022
Sold by
Westview Ter Mhc Ct Llc
Bought by
B & M Property Mgmt Llc
Seller's Agent
Nathan Cholewa
Kazantzis Real Estate, LLC
Buyer's Agent
Ron Lyman
Lyman Real Estate
List Price
$169,900
Sold Price
$140,000
Premium/Discount to List
-$29,900
-17.6%

Purchase Details

Closed on
Jan 6, 2021
Sold by
Allstate Showcase Of Hm
Bought by
Westview Ter Mhc Ct Llc

Purchase Details

Closed on
Oct 11, 1996
Sold by
Auto Showcase Inc
Bought by
Allstate Showcase Of H
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
West Thames Prop Mgmt Llc -- None Available
West Thames Prop Mgmt Llc -- None Available
B & M Property Mgmt Llc $140,000 None Available
B & M Property Mgmt Llc $140,000 None Available
Westview Ter Mhc Ct Llc -- First American Title
Westview Ter Mhc Ct Llc -- First American Title
Allstate Showcase Of H $50,000 --
Allstate Showcase Of H $50,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $140,000 -17.6% $108 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $169,900 -- $131 / 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 $5,187 $149,000 $57,000 $92,000
2024 $4,954 $149,000 $57,000 $92,000
2023 $3,842 $91,800 $38,900 $52,900
2022 $3,872 $91,800 $38,900 $52,900
2021 $3,888 $91,800 $38,900 $52,900
2020 $3,890 $91,800 $38,900 $52,900
2019 $3,731 $91,800 $38,900 $52,900
2018 $3,238 $78,100 $25,900 $52,200
2017 $3,176 $78,100 $25,900 $52,200
2016 $3,256 $78,100 $25,900 $52,200
2015 $3,233 $78,100 $25,900 $52,200
2014 $3,049 $78,100 $25,900 $52,200
Source: Public Records

Agents Affiliated with this Home

  • Nathan Cholewa

    Seller's Agent in 2022

    Nathan Cholewa

    Kazantzis Real Estate, LLC

    (860) 884-9956

    3 in this area

    89 Total Sales

    Nathan Cholewa
    Section Image
  • Ron Lyman

    Buyer's Agent in 2022

    Ron Lyman

    Lyman Real Estate

    (860) 884-4666

    5 in this area

    50 Total Sales

    Ron Lyman
    Section Image
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Map

Source: SmartMLS

MLS Number: 170465127

SmartMLS

APN: NORW-000129-000001-000010

Connecticut New London County Norwich 06360 East Great Plains

5 Jefferson Ave, Norwich, CT

Not Listed for Sale

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