NOT LISTED FOR SALE

505 E Main St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $300,460 - $398,000

6 Beds
1 Bath
2,084 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 22, 2015

Last sale price $41,000 $20 Per Sq Ft

Est. 715% increase in value since last sale

Current estimated payment $2,341/month

25 Days on Market

Highlights

  • 1.08 Acre Lot
  • Partially Wooded Lot
  • No HOA
  • Deck
  • Attic
  • Porch

About This Home

As of December 2015

Large 2 family Victorian boasts its former beauty with built ins, beautiful woodwork, fireplace, stained glass windows, original staircase disappearing into the wall. So many unique features! Set on a very large lot that you just have to see for yourself. Originally a single-family home, now a 2-family. Invest love and hard work to make this classic home a great place to live.

Last Agent to Sell the Property

Masha Robarts

RE/MAX Realty Group License #REB.0788125 Listed on: 11/13/2015

RE/MAX Realty Group

Last Buyer's Agent

Patricia Williams

William Raveis Real Estate License #RES.0780303

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 1.08 Acre Lot
  • Partially Wooded Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1 Full Bathroom
  • 2,084 Sq Ft Home
  • 3-Story Property
  • Walkup Attic

Parking

  • 2 Car Garage
  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Schools

  • Pboe Elementary School
  • Norwich Free Academy High School

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Total Sq Ft: 2084
  • Year Built: 1890
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: From downtown, route 2 to the Hamilton Avenue (route 165) stop light. Driveway is on the right! Big blue Victorian....
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 1
  • Attic Description: Walk-up
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Stories Number Of: 3

Exterior Features

  • Exterior Features: Deck, Porch, Sidewalk, Storage Building
  • Exterior Siding: Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 2
  • Driveway Type: Asphalt
  • Total Parking Spaces: 4

Utilities

  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water In Street
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 1.0800
  • Lot Description: Lightly Wooded

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3125
  • Assessor Parcel Number: 2412421

MLS Schools

  • Elementary School: PBOE
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2015
Closed on
Dec 23, 2015
Sold by
Fnma
Bought by
Sisodia Lalit B
Seller's Agent
Masha Robarts
RE/MAX Realty Group
Buyer's Agent
Patricia Williams
William Raveis Real Estate
List Price
$40,900
Sold Price
$41,000
Premium/Discount to List
$100
0.24%
Current Estimated Value
$334,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,115
Avg. Annual Appreciation
23.45%

Purchase Details

Closed on
Jul 10, 2014
Sold by
Nationstar Mortgage Ll
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 31, 2011
Sold by
Williams Sandra
Bought by
Williams Lewis
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
Sisodia Lalit B $41,000 --
Sisodia Lalit B $41,000 --
Federal National Mortgage Association -- --
Nationstar Mortgage Ll -- --
Federal National Mortgage Association -- --
Williams Lewis -- --
Williams Lewis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Lewis $97,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2015 12/22/15 Sold $41,000 +0.2% $20 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $40,900 -- $20 / 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 $6,989 $172,700 $46,800 $125,900
2024 $6,597 $172,700 $46,800 $125,900
2023 $4,961 $102,000 $23,000 $79,000
2022 $4,945 $102,000 $23,000 $79,000
2021 $4,961 $102,000 $23,000 $79,000
2020 $4,949 $102,100 $23,100 $79,000
2019 $4,900 $102,100 $23,100 $79,000
2018 $3,697 $76,400 $21,700 $54,700
2017 $3,724 $76,400 $21,700 $54,700
2016 $3,748 $76,400 $21,700 $54,700
2015 $3,672 $76,400 $21,700 $54,700
2014 $3,509 $76,400 $21,700 $54,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Masha Robarts

    RE/MAX

    Section Image
  • Patricia Williams

    Buyer's Agent in 2015

    Patricia Williams

    William Raveis Real Estate

    (603) 369-1069

    26 in this area

    80 Total Sales

    Patricia Williams
    Section Image
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Map

Source: SmartMLS

MLS Number: E10094176

SmartMLS

APN: NORW-000103-000004-000036

Connecticut New London County Norwich 06360 Central Norwich

505 E Main St, Norwich, CT

Not Listed for Sale

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