NOT LISTED FOR SALE

520 Asylum St Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $304,000 - $372,688

3 Beds
1 Bath
1,188 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $149,900 $126 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,453/month

116 Days on Market

Highlights

  • Medical Services
  • Wetlands on Lot
  • Partially Wooded Lot
  • 10 Acre Lot
  • Ranch Style House
  • Corner Lot

About This Home

As of July 2016

SUBJECT TO PROBATE FAMILY ROOM IS UNFINISHED 10 ACRES PRIVATE BACK YARD. NEEDS FINISHING AND UPDATING, SELLING "AS IS" IDEAL FOR HANDI PERSON THAT CAN LIVE IN AND COMPLETE. GOV FINANCING DOUBTFUL.
SUBJECT TO PROBATE COURT

Last Agent to Sell the Property

Mildred Peringer

M P Real Estate License #REB.0532035 Listed on: 01/17/2016

Last Buyer's Agent

Andrea Garnier

Compass Connecticut, LLC License #RES.0800358

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,717

Year Built

  • Built in 1957

Lot Details

  • 10 Acre Lot
  • Corner Lot
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Vertical Siding

Interior Spaces

  • 1,188 Sq Ft Home
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows

Kitchen

  • Electric Cooktop
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Attic

  • Pull Down Stairs to Attic
  • Attic or Crawl Hatchway Insulated

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Wetlands on Lot
  • Breezeway

Location

  • Property is near shops

Schools

  • Pboe Elementary School
  • Norwich Free Academy High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,717

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Neighborhood: Norwichtown
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 1188
  • Year Built: 1957
  • Nearby Amenities: Medical Facilities, Shopping/Mall, Public Trash Pickup
  • Association Amenities: Medical Facilities
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: OFF NEW LONDON TPK
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch, Pull-Down Stairs
  • Basement Description: Concrete Floor, Full With Hatchway, Full, Unfinished
  • Interior Amenities: Cable - Available
  • Appliances: Electric Cooktop, Range Hood
  • Laundry Room Location: Lower Level
  • Attic: No
  • Street Number Modifier: 520

Exterior Features

  • Exterior Features: Breezeway
  • Exterior Siding: Vertical Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 10.0000
  • Lot Description: Corner Lot, Lightly Wooded, Some Wetlands
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Total Assessed Value: 130000
  • Assessor Parcel Number: 2417616

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2016
Closed on
Jul 14, 2016
Sold by
Weglarz Thomas Jr Est
Bought by
Schaller Walter
Seller's Agent
Mildred Peringer
M P Real Estate
Buyer's Agent
Andrea Garnier
Compass Connecticut, LLC
List Price
$139,900
Sold Price
$149,900
Premium/Discount to List
$10,000
7.15%
Current Estimated Value
$327,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,772
Avg. Annual Appreciation
8.85%
Original Mortgage
$179,383
Outstanding Balance
$146,375
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$177,143
Source: Public Records

Range of Values:

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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
Schaller Walter $149,000 --
Schaller Walter $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaller Walter $179,383
Closed Schaller Walter $179,383
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2016 07/13/16 Sold $149,900 +7.1% $126 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $139,900 -- $118 / 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 $7,717 $221,700 $72,200 $149,500
2024 $7,372 $221,700 $72,200 $149,500
2023 $5,311 $126,900 $44,400 $82,500
2022 $5,353 $126,900 $44,400 $82,500
2021 $5,323 $125,700 $44,300 $81,400
2020 $5,331 $125,800 $44,400 $81,400
2019 $5,113 $125,800 $44,400 $81,400
2018 $6,165 $148,700 $70,800 $77,900
2017 $6,048 $148,700 $70,800 $77,900
2016 $5,436 $130,400 $70,800 $59,600
2015 $5,381 $130,000 $70,800 $59,200
2014 $5,075 $130,000 $70,800 $59,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mildred Peringer

    M P Real Estate

    Section Image
  • Andrea Garnier

    Buyer's Agent in 2016

    Andrea Garnier

    Compass Connecticut, LLC

    (860) 822-3781

    4 in this area

    26 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: E10104204

SmartMLS

APN: NORW-000083-000001-000063

Connecticut New London County Norwich 06360 East Great Plains

520 Asylum St, Norwich, CT

This home is located at 520 Asylum St, Norwich, CT 06360 since 17 January 2016 and is currently estimated at $327,672, approximately $275 per square foot. This property was built in 1957. 520 Asylum St is a home located in New London County with nearby schools including John B. Stanton Elementary School, Teachers' Memorial Global Studies Magnet Middle, and Montessori Discovery 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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