NOT LISTED FOR SALE

Cove View Condominiums 586 W Thames St Unit 306 Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $233,275 - $295,000

1 Bed
1.5 Baths
1,050 Sq Ft
$140/mo HOA Fee

Last Sold July 30, 2018

Last sale price $140,000 $133 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,928/month

80 Days on Market

Highlights

  • Waterfront
  • Terrace
  • Intercom
  • Open Floorplan
  • Balcony
  • Entrance Foyer

About This Home

As of July 2018

Location and views all in one. This one bedroom condo has so many updates with an open floor plan. Views from your balcony and bedroom, watch the fire works every week from your home at Mohegan across the way. Owner has added an extra window for more sunlight and cross ventilation for fresh air. Kitchen with a gas stove and an island. All hard wood floors throughout except the bedroom has a newar carpet and large walk in closet. Included is a one space parking in walk in garage.

Last Agent to Sell the Property

Harriet Cohen

Berkshire Hathaway NE Prop. License #RES.0765515 Listed on: 03/06/2018

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Barbara Sullivan

Sullivan Real Estate Group License #REB.0788489

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,729

Year Built

  • Built in 2003

Lot Details

  • Waterfront

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Stone Frame
  • Block Exterior
  • Stone

Interior Spaces

  • 1,050 Sq Ft Home
  • Open Floorplan
  • Awning
  • Entrance Foyer
  • Garage Access
  • Intercom

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Varies By Unit

Outdoor Features

  • Terrace
  • Outdoor Grill

Schools

  • Norwich Free Academy High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • 40 Units
  • High-Rise Condominium
  • Cove View Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,729

Year Built

Built in 2003

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Neighborhood: Norwichtown
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: High Rise
  • Sq Ft Est Heated Above Grade: 1050
  • Public Record Living Room Sq Ft: 1050
  • Total Sq Ft: 1050
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 3
  • Public Record Gross Sq Ft: 1050
  • Directions: 395 to West Thames Street across from Norwich Inn and Spa
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Garage Access
  • Interior Amenities: Cable - Available, Cable - Pre-wired, Elevator, Intercom, Open Floor Plan
  • Appliances: Gas Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer
  • Laundry Room Location: In unit
  • Attic: No
  • Street Number Modifier: 586

Exterior Features

  • Exterior Features: Awnings, Balcony, Grill, Terrace
  • Exterior Siding: Block
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Stone

Garage/Parking

  • Garage Parking Info: Unit Garage, Assigned Parking, Parking Garage
  • Garages Number: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Cove View
  • Levels In Unit: 1
  • HOA Fees: 140
  • HOA Fee Frequency: Monthly
  • HOA: Yes

Schools

  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy
  • Intermediate School: Per Board of Ed

Lot Info

  • Lot Description: Water View, Level Lot
  • Flood Zone: No
  • Zoning: MF5

Rental Info

  • Pets Allowed Info: 1 cat up to 20 inches dog
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3729
  • Total Assessed Value: 91700
  • Mil Rate Base: 40.670
  • Mil Rate Total: 40.670
  • Assessor Parcel Number: 2474389

Multi Family

  • Total Num Of Units: 40

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Aug 1, 2018
Sold by
Coastal Behavioral Rea
Bought by
Edwards Tyler
Seller's Agent
Harriet Cohen
Berkshire Hathaway NE Prop.
Buyer's Agent
Barbara Sullivan
Sullivan Real Estate Group
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$273,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,319
Avg. Annual Appreciation
8.87%
Original Mortgage
$98,000
Outstanding Balance
$85,644
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$171,114

Purchase Details

Closed on
Oct 7, 2014
Sold by
Maloney Michele M
Bought by
Coastal Behavioral Rea
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
Edwards Tyler -- --
Edwards Tyler -- --
Coastal Behavioral Rea -- --
Maloney Michele M -- --
Maloney Michele M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Tyler $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $140,000 -3.4% $133 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $145,000 -- $138 / 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 $3,972 $114,100 $0 $114,100
2024 $3,794 $114,100 $0 $114,100
2023 $3,930 $93,900 $0 $93,900
2022 $3,961 $93,900 $0 $93,900
2021 $3,977 $93,900 $0 $93,900
2020 $3,979 $93,900 $0 $93,900
2019 $3,816 $93,900 $0 $93,900
2018 $0 $0 $0 $0
2017 $3,729 $91,700 $0 $91,700
2016 $3,823 $91,700 $0 $91,700
2015 $3,795 $91,700 $0 $91,700
2014 $3,580 $91,700 $0 $91,700
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Harriet Cohen

    Berkshire Hathaway Home Services

    Section Image
  • Barbara Sullivan

    Buyer's Agent in 2018

    Barbara Sullivan

    Sullivan Real Estate Group

    (860) 608-5336

    54 in this area

    73 Total Sales

    Barbara Sullivan
    Section Image
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About Cove View Condominiums

Map

Source: SmartMLS

MLS Number: 170058132

SmartMLS

APN: NORW-000129-000001-000023-000306

Connecticut New London County Norwich 06360 East Great Plains

586 W Thames St Unit 306, Norwich, CT

This home is located at 586 W Thames St Unit 306, Norwich, CT 06360 since 06 March 2018 and is currently estimated at $273,319, approximately $260 per square foot. This property was built in 2003. 586 W Thames St Unit 306 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.

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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