NOT LISTED FOR SALE

586 Laurel Hill Rd Norwich, CT 06360

Laurel Hill Neighborhood

Estimated Value: $276,000 - $327,000

3 Beds
1 Bath
1,232 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $125,000 $101 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,021/month

16 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Thermal Windows
  • 1 Fireplace
  • No HOA
  • 1 Car Attached Garage

About This Home

As of May 2015

Incredible opportunity to purchase a Laurel Hill property that is not distressed and is not a foreclosure or a short sale. This home has refinished red oak hardwoods, central air, cedar closet, garden shed, oversized patio, partially finished downstairs. This home had a new roof installed in 2013 as well as a new oil tank and furnace.

Last Agent to Sell the Property

Tim Bray

Seaport Real Estate Services License #REB.0790195 Listed on: 03/10/2015

Last Buyer's Agent

Lora Merrill

William Raveis Real Estate License #RES.0762097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,347

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Oven or Range
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Breezeway
  • Rain Gutters

Schools

  • Veterans Memorial Elementary School
  • Teachers' Memorial Middle School
  • Norwich Free Academy High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laurel Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,347

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 1232
  • Year Built: 1960
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: Unknown
  • Directions: 395 South to exit 79a. Take left after bridge past the former state hospital. Property is on the right hand side of the street. GPS friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Concrete Floor, Full With Hatchway, Partially Finished
  • Interior Amenities: Cable - Available, Security System
  • Appliances: Dryer, Electric Range, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Lower Level
  • Attic: No
  • Street Number Modifier: 586

Exterior Features

  • Exterior Features: Breezeway, Gutters, Patio, Storage Building
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Electrical Amperage: 100

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Veterans Memorial
  • High School: Norwich Free Academy
  • Intermediate School: Teachers' Memorial

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2600
  • Lot Description: Corner Lot, Level Lot
  • Flood Zone: No
  • Property Info: Planned Unit Development

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Total Assessed Value: 83600
  • Assessor Parcel Number: 2412608

MLS Schools

  • Elementary School: Veterans Memorial
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2015
Closed on
May 1, 2015
Sold by
Lickver Lucinda M
Bought by
Botchis Beverly A
Seller's Agent
Tim Bray
Seaport Real Estate Services
Buyer's Agent
Lora Merrill
William Raveis Real Estate
List Price
$125,000
Sold Price
$125,000
Total Days on Market
16
Current Estimated Value
$296,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,732
Avg. Annual Appreciation
8.78%
Original Mortgage
$108,109
Outstanding Balance
$83,348
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$208,944
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
Botchis Beverly A -- --
Botchis Beverly A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Botchis Beverly A $108,109
Closed Botchis Beverly A $108,109
Previous Owner Couinu Jean $50,000
Previous Owner Couinu Jean $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $125,000 0.0% $101 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $125,000 -- $101 / 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
2024 $5,347 $160,800 $45,700 $115,100
2023 $3,817 $91,200 $28,300 $62,900
2022 $3,847 $91,200 $28,300 $62,900
2021 $3,862 $91,200 $28,300 $62,900
2020 $3,869 $91,300 $28,400 $62,900
2019 $3,710 $91,300 $28,400 $62,900
2018 $3,466 $83,600 $23,200 $60,400
2017 $3,400 $83,600 $23,200 $60,400
2016 $3,485 $83,600 $23,200 $60,400
2015 $3,460 $83,600 $23,200 $60,400
2014 $3,264 $83,600 $23,200 $60,400
Source: Public Records

Agents Affiliated with this Home

  • Tim Bray

    Seller's Agent in 2015

    Tim Bray

    Seaport Real Estate Services

    (860) 912-7137

    70 Total Sales

    Tim Bray
    Section Image
  • Lora Merrill

    Buyer's Agent in 2015

    Lora Merrill

    William Raveis Real Estate

    Section Image
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Map

Source: SmartMLS

MLS Number: N10026631

SmartMLS

APN: NORW-000131-000002-000079

Connecticut New London County Norwich 06360 Laurel Hill

586 Laurel Hill Rd, Norwich, CT

This home is located at 586 Laurel Hill Rd, Norwich, CT 06360 since 10 March 2015 and is currently estimated at $296,732, approximately $240 per square foot. This property was built in 1960. 586 Laurel Hill Rd 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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