NOT LISTED FOR SALE

522 Norwich Rd Unit 524 Plainfield, CT 06374

Estimated Value: $320,992 - $372,000

5 Beds
2 Baths
2,718 Sq Ft
$131/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $230,000 $85 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,152/month

7 Days on Market

Highlights

  • Attic
  • Tankless Water Heater
  • Private Driveway
  • No HOA
  • Baseboard Heating
  • Laundry Facilities

About This Home

As of October 2021

What a great location for a beautiful 2 family! Located just off the highway with a great back yard and over 3/4 of an acre of land! First floor has 2 beds, 1 bath, living room and eat in kitchen, along with a separate laundry room. Great long term tenant!! Second floor has 3 nicely sized bedrooms, living room that is filled with light, a computer nook and access to a third floor for storage! Laundry for the second floor unit is in an area on the first floor. Both boilers are in great condition, recent roof only a couple years old, mostly replacement windows, tons of parking and more!! Turn key building with great tenants!!

Last Agent to Sell the Property

Jared Meehan

RE/MAX Bell Park Realty License #REB.0756285 Listed on: 08/05/2021

RE/MAX Bell Park Realty

Last Buyer's Agent

Alexcia Merritt

RE/MAX Bell Park Realty License #RES.0812879

RE/MAX Bell Park Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,734

Year Built

  • Built in 1830

Lot Details

  • 0.8 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,718 Sq Ft Home
  • Walkup Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • Private Driveway
  • Paved Parking

Outdoor Features

  • Rain Gutters

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Tankless Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,734

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2718
  • Public Record Living Room Sq Ft: 2718
  • Total Sq Ft: 2718
  • Year Built: 1830
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4970
  • Tax Year Updated Dt: 08/09/2021
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Interior Access, Sump Pump
  • Laundry Room Info: Common Laundry Area, Hook-Up In Unit 1
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.8000
  • Lot Description: Level Lot, Rolling
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RA30

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 2734
  • Mil Rate Base: 28.330
  • Mil Rate Tax District: 1.800
  • Assessor Parcel Number: 1700295

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 12, 2021
Sold by
Vargas Aaron J
Bought by
Hart Janet
Seller's Agent
Jared Meehan
RE/MAX Bell Park Realty
Buyer's Agent
Alexcia Merritt
RE/MAX Bell Park Realty
List Price
$214,900
Sold Price
$230,000
Premium/Discount to List
$15,100
7.03%
Current Estimated Value
$355,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,748
Avg. Annual Appreciation
11.05%
Original Mortgage
$225,834
Outstanding Balance
$205,044
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$150,704

Purchase Details

Listed on
Jun 19, 2019
Closed on
Sep 27, 2019
Sold by
Caruso Craig R
Bought by
Vargas Aaron J
Seller's Agent
Kevin Brignole
Spaulding Realty Group, LLC
Buyer's Agent
Jared Meehan
RE/MAX Bell Park Realty
List Price
$139,900
Sold Price
$127,500
Premium/Discount to List
-$12,400
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.54%
Original Mortgage
$150,982
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 2004
Sold by
Barcomb Donald D
Bought by
Caruso Craig R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 1998
Sold by
Blackhill Llc
Bought by
Barcomb Donald D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hart Janet -- None Available
Hart Janet -- None Available
Hart Janet -- None Available
Vargas Aaron J -- --
Vargas Aaron J -- --
Caruso Craig R $180,000 --
Caruso Craig R $180,000 --
Barcomb Donald D $103,500 --
Barcomb Donald D $103,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Janet $225,834
Closed Hart Janet $225,834
Previous Owner Vargas Aaron J $150,982
Previous Owner Barcomb Donald D $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $230,000 +7.0% $85 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $214,900 +68.5% $79 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/30/2019 09/30/19 Sold $127,500 -8.9% $47 / Sq Ft View Prior Sale
06/19/2019 06/19/19 For Sale $139,900 -- $51 / 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 $3,426 $147,400 $30,370 $117,030
2024 $3,291 $147,400 $30,370 $117,030
2023 $3,275 $147,400 $30,370 $117,030
2022 $4,273 $90,750 $26,200 $64,550
2021 $2,734 $90,750 $26,200 $64,550
2020 $2,725 $90,750 $26,200 $64,550
2019 $2,725 $90,750 $26,200 $64,550
2018 $2,692 $90,750 $26,200 $64,550
2017 $3,473 $109,830 $27,580 $82,250
2016 $3,350 $109,830 $27,580 $82,250
2015 $3,274 $109,830 $27,580 $82,250
2014 $3,274 $109,830 $27,580 $82,250
Source: Public Records

Agents Affiliated with this Home

  • Jared Meehan

    Seller's Agent in 2021

    Jared Meehan

    RE/MAX

    (508) 561-0249

    3 in this area

    304 Total Sales

    Jared Meehan
    Section Image
  • Alexcia Merritt

    Buyer's Agent in 2021

    Alexcia Merritt

    RE/MAX

    (860) 230-8470

    11 in this area

    51 Total Sales

    Alexcia Merritt
    Section Image
  • Kevin Brignole

    Seller's Agent in 2019

    Kevin Brignole

    Spaulding Realty Group, LLC

    (860) 428-3896

    14 in this area

    58 Total Sales

    Kevin Brignole
    Section Image
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Map

Source: SmartMLS

MLS Number: 170426659

SmartMLS

APN: PLAI-000001P-000038-000011

Connecticut Windham County Plainfield 06374

522 Norwich Rd Unit 524, Plainfield, CT

Not Listed for Sale

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