$410,000
SOLD DEC 31, 2024

560 Norwich Ave Colchester, CT 06415

4 Beds
2 Baths
2,392 Sq Ft
2.04 Acres

Recently Sold

$171 Per Sq Ft

2% Below List Price

85 Days on Market

Highlights

  • Attic
  • Hot Water Circulator
  • Private Driveway
  • William J. Johnston Middle School Rated A-
  • Baseboard Heating

About This Home

As of December 2024

This Two family is in impeccable condition lovingly maintain for decades. Was once a one family converted to two units one up and one down. Shared dry basement. First floor unit can easily become a three bedroom. In an area of multifamilys over 55 rental units. Can add more rental buildings Walking distance to schools and town.

Last Agent to Sell the Property

Mary Ann Parker

Berkshire Hathaway NE Prop. License #RES.0751665 Listed on: 10/04/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Joshua Cingranelli

Priority Real Estate Group,LLC License #RES.0803747

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,934

Year Built

  • Built in 1932

Lot Details

  • 2.04 Acre Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 4 Parking Spaces
  • Private Driveway

Schools

  • Colchester Elementary School
  • Johnston Middle School
  • Jack Jackter Middle School
  • Bacon Academy High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 22 Units

Listing and Financial Details

  • Assessor Parcel Number 2336715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,934

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2392
  • Total Sq Ft: 2392
  • Year Built: 1932
  • New Construction: No/Resale
  • Nearby Amenities: Library, Medical Facilities
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Norwich ave sits back
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2392
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Shared Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 560

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 4
  • Garage And Parking: None, Driveway, Paved

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Colchester
  • Middle School: Johnston
  • High School: Bacon Academy
  • Intermediate School: Jack Jackter

Lot Info

  • Acres: 2.04
  • Lot Description: Corner Lot Level Lot
  • Flood Zone: No
  • Zoning: SU
  • Parcel #: 2336715

Multi Family

  • Total Number Of Units: 22

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4934
  • Total Assessed Value: 172100
  • Mil Rate Total: 28.67

MLS Schools

  • Elementary School: Colchester
  • Middle Jr High School: Johnston
  • High School: Bacon Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Dec 31, 2024
Sold by
Jacrut Llc
Bought by
Lefevre Willem
Seller's Agent
Mary Ann Parker
Berkshire Hathaway NE Prop.
Buyer's Agent
Joshua Cingranelli
Priority Real Estate Group,LLC
List Price
$419,900
Sold Price
$410,000
Premium/Discount to List
-$9,900
-2.36%
Views
148
Current Estimated Value
$428,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,866
Avg. Annual Appreciation
1.30%
Original Mortgage
$382,368
Outstanding Balance
$380,065
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$33,387
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $410,000 None Available
Warranty Deed $410,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,368 Purchase Money Mortgage
Closed $18,750 Stand Alone Refi Refinance Of Original Loan
Closed $382,368 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $410,000 -2.4% $171 / Sq Ft
12/28/2024 12/28/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $419,900 -- $176 / 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 $5,149 $172,100 $42,500 $129,600
2024 $4,934 $172,100 $42,500 $129,600
2023 $4,685 $172,100 $42,500 $129,600
2022 $4,660 $172,100 $42,500 $129,600
2021 $4,936 $150,300 $42,500 $107,800
2020 $4,936 $150,300 $42,500 $107,800
2019 $4,936 $150,300 $42,500 $107,800
2018 $4,852 $150,300 $42,500 $107,800
2017 $4,865 $150,300 $42,500 $107,800
2016 $4,924 $159,300 $57,400 $101,900
2015 $4,900 $159,300 $57,400 $101,900
2014 $4,870 $159,300 $57,400 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24051669

SmartMLS

APN: COLC-000004W-000001-000014