NOT LISTED FOR SALE

508 E Main St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $97,000 - $219,564

2 Beds
1 Bath
890 Sq Ft
$193/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $50,000 $56 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $1,216/month

333 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Concrete Flooring
  • Corner Lot
  • Baseboard Heating

About This Home

As of February 2021

Two bedroom Ranch on corner lot, former barber shop. There is no drive way on the property, price reflect to on street parking.

Last Agent to Sell the Property

Rita Liang

Coldwell Banker Realty License #RES.0771234 Listed on: 01/24/2020

Coldwell Banker Realty

Last Buyer's Agent

Rita Liang

Coldwell Banker Realty License #RES.0771234 Listed on: 01/24/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1915

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot
  • Property is zoned MF

Parking

  • On-Street Parking

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Shingle Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 890 Sq Ft Home
  • Concrete Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Bishop Elementary School
  • Norwich Free Academy High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,876

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 890
  • Public Record Living Room Sq Ft: 890
  • Total Sq Ft: 890
  • Year Built: 1915
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 1724
  • Tax Year Updated Dt: 08/03/2020
  • Directions: East Main street corner of Hamilton Ave
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Concrete Floor
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Location: Lower Level
  • Attic: No
  • Street Number Modifier: 508

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Shingle
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.0300
  • Lot Description: Corner Lot
  • Zoning: MF

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 1876
  • Total Assessed Value: 38700
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Mil Rate Total: 48.470
  • Assessor Parcel Number: 2415967

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2004
Sold by
Piacenza Benjamin
Bought by
Muphs Llc
Current Estimated Value
$171,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$19,033
Interest Rate
5.82%
Estimated Equity
$147,144
Source: Public Records

Range of Values:

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Average Value
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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
Muphs Llc $55,000 --
Muphs Llc $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muphs Llc $40,000
Closed Muphs Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $50,000 -3.8% $56 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $52,000 0.0% $58 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $52,000 +6.1% $58 / Sq Ft
01/24/2020 01/24/20 For Sale $49,000 -- $55 / 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 $3,408 $84,200 $22,900 $61,300
2024 $2,716 $71,100 $14,700 $56,400
2023 $1,882 $38,700 $7,200 $31,500
2022 $1,876 $38,700 $7,200 $31,500
2021 $1,882 $38,700 $7,200 $31,500
2020 $1,876 $38,700 $7,200 $31,500
2019 $1,857 $38,700 $7,200 $31,500
2018 $2,100 $43,400 $6,800 $36,600
2017 $2,115 $43,400 $6,800 $36,600
2016 $2,129 $43,400 $6,800 $36,600
2015 $2,086 $43,400 $6,800 $36,600
2014 $1,993 $43,400 $6,800 $36,600
Source: Public Records

Agents Affiliated with this Home

  • Rita Liang

    Seller's Agent in 2021

    Rita Liang

    Coldwell Banker Realty

    (860) 608-9809

    15 in this area

    69 Total Sales

    Rita Liang
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Map

Source: SmartMLS

MLS Number: 170266377

SmartMLS

APN: NORW-000103-000003-000096

Connecticut New London County Norwich 06360 Central Norwich

508 E Main St, Norwich, CT

This home is located at 508 E Main St, Norwich, CT 06360 since 24 January 2020 and is currently estimated at $171,391, approximately $192 per square foot. This property was built in 1915. 508 E Main St is a home located in New London County with nearby schools including Veterans' Memorial Elementary School, Kelly STEAM Magnet Middle School, and Integrated Day Charter 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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