NOT LISTED FOR SALE

511 Old Pond Ln Unit 511 Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $191,000 - $208,000

1 Bed
1 Bath
576 Sq Ft
1986 Built

Sale Details

Date Sold: March 16, 2024

Last sale price $177,000 $307 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,773 / mo

4 Days on Market

Highlights

  • Clubhouse
  • Ranch Style House
  • End Unit
  • Property is near golf course, public transit, and shops
  • 1 Fireplace
  • Community Pool

About This Home

As of March 2024

Comfortable & cozy ground-floor end unit at The Villas At Norwich Inn & Spa. A short walk from the parking lot, this move-in ready unit has NO exterior stairs! Beautiful tile flooring throughout; double stainless steel sink; full size electric range; quartz countertops; white cabinetry; ecobee ENERGY STAR certified smart thermostat provides remote control of heating and cooling from anywhere on iOS or Android devices; programmable keyless entry lock; wood-burning fireplace (currently has an electric fire log stand which can be removed); a walk-in shower (no tub to step over) and, wooded views from the private balcony. This peaceful sanctuary is just 1 mile from Mohegan Sun and 8 miles from Foxwoods, borders a public golf course, and is close to many outdoor attractions. The property boasts two outdoor salt-water pools (one is heated); two clubhouses – one with a salt water hot tub, a fitness room and saunas; laundry facilities in both clubhouses; manicured grounds; ponds; ample parking; and, a walking trail. Building 5 is ideally located: directly across from the main clubhouse and near the community mail house. For those wishing to have an income-producing property, this unit also has a well-established history on AirBnB.

Last Agent to Sell the Property

Laura Rose

RE/MAX RISE License #RES.0817992 Listed on: 02/21/2024

RE/MAX RISE

Last Buyer's Agent

Quincy Clayton

NextHome Elite Realty License #REB.0758820

NextHome Elite Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1986

HOA Fees

  • $437 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Studio
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 576 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Smart Thermostat

Kitchen

  • Electric Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Handicap Parking
  • Guest Parking
  • Visitor Parking

Schools

  • Norwich Free Academy High School

Additional Features

  • Balcony
  • End Unit
  • Property is near golf course, public transit, and shops
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 2020310

Community Details

Overview

  • Association fees include club house, grounds maintenance, trash pickup, snow removal, property management, pest control, pool service, road maintenance, insurance
  • 160 Units
  • Property managed by Myriad Property Mgmt

Amenities

  • Public Transportation
  • Clubhouse
  • Coin Laundry

Recreation

  • Exercise Course
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,101

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

HOA Fees

$437 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch, Studio Apt
  • Sq Ft Est Heated Above Grade: 576
  • Total Sq Ft: 576
  • Year Built: 1986
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Medical Facilities, Park, Public Transportation, Putting Green, Shopping/Mall
  • Association Amenities: Club House, Exercise Room/Health Club, Guest Parking, Pool
  • Property Sub Type: Condominium
  • Handicap Features: Handicap Parking
  • Direct Waterfront: No
  • Encumbrances Restrictions: Boats, Trailer(S), Truck(S)
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 624
  • Directions: Rte 32 or New London Tpke to Old Pond Lane; building 5 is directly across from Clubhouse 1 to the right of the mail house in the center of the complex.
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: None
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator
  • Laundry Room Location: Club houses
  • Laundry Room Info: Coin Op Laundry
  • Attic: No
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Balcony, Sidewalk
  • Exterior Siding: Wood
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Pool Service, Road Maintenance, Insurance
  • HOA Fees: 437
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-on Site
  • Property Manager Name: Joe Brennan
  • Property Mgt Company Name: Myriad Property Mgmt
  • Property Mgt Phone: (860) 222-2656
  • Total Number of Units In Complex: Villas At Norwich Inn & Spa

Lot Info

  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: PC
  • Parcel #: 2020310

Rental Info

  • Pets Allowed: No

Multi Family

  • Total Number Of Units: 160

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 2101

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2004
Sold by
Bought by
Current Estimated Value
$197,848
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$82,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2024 03/16/24 Sold $177,000 +1.1% $307 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $175,000 +42.3% $304 / Sq Ft
10/29/2021 10/29/21 Sold $123,000 -1.5% $214 / Sq Ft View Prior Sale
09/19/2021 09/19/21 For Sale $124,900 -- $217 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,091 $88,800 $0 $88,800
2024 $2,953 $88,800 $0 $88,800
2023 $2,101 $50,200 $0 $50,200
2022 $2,117 $50,200 $0 $50,200
2021 $2,126 $50,200 $0 $50,200
2020 $2,127 $50,200 $0 $50,200
2019 $2,040 $50,200 $0 $50,200
2018 $1,700 $41,000 $0 $41,000
2017 $1,667 $41,000 $0 $41,000
2016 $1,697 $40,700 $0 $40,700
2015 $1,685 $40,700 $0 $40,700
2014 $1,589 $40,700 $0 $40,700
Source: Public Records

Agents Affiliated with this Home

  • Laura Rose

    Seller's Agent in 2024

    Laura Rose

    RE/MAX

    (203) 217-2239

    7 in this area

    56 Total Sales

    Laura Rose
    Section Image
  • Quincy Clayton

    Buyer's Agent in 2024

    Quincy Clayton

    NextHome Elite Realty

    (860) 705-6221

    5 in this area

    38 Total Sales

    Quincy Clayton
    Section Image
  • Crystal Dionne

    Seller's Agent in 2021

    Crystal Dionne

    Kazantzis Real Estate, LLC

    (860) 428-7965

    1 in this area

    29 Total Sales

    Crystal Dionne
    Section Image
  • Barbara Sullivan

    Buyer's Agent in 2021

    Barbara Sullivan

    Sullivan Real Estate Group

    (860) 608-5336

    47 in this area

    62 Total Sales

    Barbara Sullivan
    Section Image
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Map

Source: SmartMLS

MLS Number: 170625788

SmartMLS

APN: NORW-000129-000001-000004-000511

Connecticut New London County Norwich 06360 East Great Plains

511 Old Pond Ln Unit 511, Norwich, CT

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