NOT LISTED FOR SALE

Cove View Condominiums 586 W Thames St Unit 205 Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $322,000 - $449,000

3 Beds
2.5 Baths
1,600 Sq Ft
$400/mo HOA Fee

Last Sold June 22, 2015

Last sale price $165,000 $103 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,951/month

146 Days on Market

Highlights

  • Open Floorplan
  • Exercise Course
  • Central Air
  • 1 Fireplace
  • Balcony

About This Home

As of June 2015

Great Buy! Mint condition, perfect location

Last Agent to Sell the Property

Patricia Pastor

RE/MAX on the Bay License #REB.0525097 Listed on: 11/18/2014

RE/MAX on the Bay

Last Buyer's Agent

Nancy Gunderman-York

William Raveis Real Estate License #RES.0769971

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,614

Year Built

  • Built in 2003

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Masonry Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, snow removal, trash pickup, water
  • 40 Units
  • Mid-Rise Condominium
  • Cove View Towers Community

Recreation

  • Exercise Course

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,614

Year Built

Built in 2003

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Mid Rise
  • Total Sq Ft: 1600
  • Year Built: 2003
  • Association Amenities: Exercise Room/Health Club
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Route 32 to Cove View Towers
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Open Floor Plan
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 586

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Brick
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Total Parking Spaces: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Trash Pickup, Water
  • Complex Name: Cove View Towers
  • Levels In Unit: 1
  • HOA Fees: 400
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Unit Owners Association
  • Property Mgt Company Name: Owner
  • Property Mgt Phone: Owner

Schools

  • Elementary School: PBOE
  • High School: PBOE

Lot Info

  • Elevation Certificate: No
  • Flood Zone: No

Rental Info

  • Lease Purchase: No
  • Pets Allowed: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Total Assessed Value: 114700
  • Assessor Parcel Number: 2583928

Multi Family

  • Total Num Of Units: 40

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Jun 22, 2015
Sold by
Layne Llc
Bought by
Gauthier Carol M
Seller's Agent
Patricia Pastor
RE/MAX on the Bay
Buyer's Agent
Nancy Gunderman-York
William Raveis Real Estate
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%
Current Estimated Value
$375,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,385
Avg. Annual Appreciation
8.03%
Original Mortgage
$122,100
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2012
Closed on
Dec 21, 2012
Sold by
Ppfr Llc
Bought by
Layne Llc
Seller's Agent
Janet McKenzie
William Raveis Real Estate
Buyer's Agent
Patricia Pastor
RE/MAX on the Bay
List Price
$239,900
Sold Price
$160,000
Premium/Discount to List
-$79,900
-33.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%
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
Gauthier Carol M $165,000 --
Gauthier Carol M $165,000 --
Layne Llc $160,000 --
Layne Llc $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gauthier Carol M $122,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2015 06/22/15 Sold $165,000 -17.5% $103 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
11/18/2014 11/18/14 For Sale $199,900 +24.9% $125 / Sq Ft
12/21/2012 12/21/12 Sold $160,000 -33.3% $100 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $239,900 -- $150 / 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 $6,614 $190,000 $0 $190,000
2024 $6,318 $190,000 $0 $190,000
2023 $5,122 $122,400 $0 $122,400
2022 $5,163 $122,400 $0 $122,400
2021 $5,184 $122,400 $0 $122,400
2020 $5,187 $122,400 $0 $122,400
2019 $4,974 $122,400 $0 $122,400
2018 $4,834 $116,600 $0 $116,600
2017 $4,742 $116,600 $0 $116,600
2016 $4,782 $114,700 $0 $114,700
2015 $4,747 $114,700 $0 $114,700
2014 -- $114,700 $0 $114,700
Source: Public Records

Agents Affiliated with this Home

  • Patricia Pastor

    Seller's Agent in 2015

    Patricia Pastor

    RE/MAX

    (860) 857-4948

    64 Total Sales

    Patricia Pastor
    Section Image
  • Nancy Gunderman-York

    Buyer's Agent in 2015

    Nancy Gunderman-York

    William Raveis Real Estate

    (860) 235-6906

    30 Total Sales

    Nancy Gunderman-York
    Section Image
  • Janet McKenzie

    Seller's Agent in 2012

    Janet McKenzie

    William Raveis Real Estate

    (860) 460-9470

    57 Total Sales

    Janet McKenzie
    Section Image
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About Cove View Condominiums

Map

Source: SmartMLS

MLS Number: E10005214

SmartMLS

APN: NORW-000129-000001-000023-000205

Connecticut New London County Norwich 06360 East Great Plains

586 W Thames St Unit 205, Norwich, CT

This home is located at 586 W Thames St Unit 205, Norwich, CT 06360 since 18 November 2014 and is currently estimated at $375,385, approximately $234 per square foot. This property was built in 2003. 586 W Thames St Unit 205 is a home located in New London County with nearby schools including Thomas W. Mahan Elementary School, Teachers' Memorial Global Studies Magnet Middle, and Mayflower Montessori School.

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