NOT LISTED FOR SALE

Cove View Condominiums 586 W Thames St Unit 503 Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $270,000 - $335,000

1 Bed
1.5 Baths
1,047 Sq Ft
$250/mo HOA Fee

Last Sold June 23, 2017

Last sale price $132,000 $126 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,313/month

218 Days on Market

Highlights

  • River Front
  • Clubhouse
  • 1 Fireplace
  • Open Floorplan
  • Property is near public transit
  • Putting Green

About This Home

As of June 2017

Enjoy a luxury lifestyle and spectacular views in the areas premier new construction condos at Cove View Towers. Breathtaking panoramic views of the Thames River, Trading cove and Mohegan Sun offer the perfect backdrop to modern living. This open floorplan features impeccable craftsmanship with detailed crown molding throughout, a fireplace with built ins and floor to ceiling windows and a private balcony overlooking the water. The gourmet kitchen boasts granite counters, tiled backsplash, stainless steel appliances and breakfast bar perfect for entertaining. Relax in the master suite offering two walk in closets and a full bathroom with a whirlpool tub, granite vanity and fully tiled shower. This exquisite condo also includes central air, laundry room, water and sewer included in HOA fees and a 5 year AHS home warranty. Cove View Towers also features amenities such as two high speed elevators, secured entrance, theatre room, exercise room and a spacious community room with access to a huge terrace overlooking the casino. This stylish residence is set in a park-like 6.03 acres surrounded by stone walls, mature trees and beautifully landscaped grounds.

Last Agent to Sell the Property

Scott Pellerin

Coldwell Banker Realty License #RES.0784146 Listed on: 10/14/2016

Coldwell Banker Realty

Last Buyer's Agent

Dan Sperduto

eXp Realty License #REB.0791617

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,803

Year Built

  • Built in 2016

Lot Details

  • River Front
  • Stone Wall

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Stone Siding

Interior Spaces

  • 1,047 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Parking Space
  • Guest Parking
  • Visitor Parking
  • Parking Lot

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Pboe Elementary And Middle School
  • Pboe High School

Utilities

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

Community Details

Overview

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

Amenities

  • Public Transportation

Recreation

  • Exercise Course
  • Putting Green

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Fire Suppression System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,803

Year Built

Built in 2016

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Mid Rise
  • Total Sq Ft: 1047
  • Year Built: 2016
  • Nearby Amenities: Golf Course, Public Transportation, Security Services, Shopping/Mall
  • Association Amenities: Club House, Exercise Room/Health Club, Putting Green, Guest Parking, Security Services
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: No
  • Directions: 395 to Exit 9 towards Ledyard and Mohegan Sun. Take Exit 1 towards Norwich/Uncasville. Turn Left onto Rt.32 Norwich New London Turnpike. Drive 1.5 miles to Cove View Towers Entrance on the right. Across from Norwich Inn and Spa.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Elevator, Fire Suppression System, Intercom, Open Floor Plan, Cable - Pre-wired, Security System
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 586

Exterior Features

  • Exterior Features: Lighting, Patio, Stone Wall
  • Exterior Siding: Stone
  • Waterfront Description: River, View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Parking Lot
  • 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, Insurance, Security Service, Snow Removal, Trash Pickup, Water
  • Complex Name: Cove View Towers Condominiums
  • Levels In Unit: 1
  • HOA Fees: 250
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: PBOE
  • Intermediate School: PBOE

Green Features

  • Energy Features: Generator, Thermopane Windows

Lot Info

  • Flood Zone: No

Rental Info

  • Pets Allowed Info: Small Dog/Cat
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2016-June 2017
  • Mil Rate Total: 49.060
  • Assessor Parcel Number: 2583933

Multi Family

  • Total Num Of Units: 40

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2018
Sold by
Ppfr Llc
Bought by
Dastous Paul
Current Estimated Value
$296,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Outstanding Balance
$92,997
Interest Rate
4.38%
Mortgage Type
Credit Line Revolving
Estimated Equity
$190,901

Purchase Details

Listed on
Oct 14, 2016
Closed on
Jun 23, 2017
Sold by
Ppfr Llc
Bought by
Dastous Paul
Seller's Agent
Scott Pellerin
Coldwell Banker Realty
Buyer's Agent
Dan Sperduto
eXp Realty
List Price
$139,900
Sold Price
$132,000
Premium/Discount to List
-$7,900
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
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
Dastous Paul $150,000 --
Dastous Paul $150,000 --
Dastous Paul $132,000 --
Dastous Paul $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dastous Paul $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $132,000 -5.6% $126 / Sq Ft
10/14/2016 10/14/16 For Sale $139,900 -- $134 / 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 $5,803 $166,700 $0 $166,700
2024 $5,543 $166,700 $0 $166,700
2023 $4,491 $107,300 $0 $107,300
2022 $4,526 $107,300 $0 $107,300
2021 $4,544 $107,300 $0 $107,300
2020 $4,547 $107,300 $0 $107,300
2019 $4,361 $107,300 $0 $107,300
2018 $5,116 $123,400 $0 $123,400
2017 $5,263 $129,400 $0 $129,400
2016 $5,315 $127,500 $0 $127,500
2015 $4,640 $112,100 $0 $112,100
2014 $2,737 $70,100 $0 $70,100
Source: Public Records

Agents Affiliated with this Home

  • Scott Pellerin

    Seller's Agent in 2017

    Scott Pellerin

    Coldwell Banker Realty

    (860) 235-6345

    11 in this area

    222 Total Sales

    Scott Pellerin
    Section Image
  • Dan Sperduto

    Buyer's Agent in 2017

    Dan Sperduto

    eXp Realty

    (860) 625-1900

    1 in this area

    45 Total Sales

    Dan Sperduto
    Section Image
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About Cove View Condominiums

Map

Source: SmartMLS

MLS Number: E10176054

SmartMLS

APN: NORW-000129-000001-000023-000503

Connecticut New London County Norwich 06360 East Great Plains

586 W Thames St Unit 503, Norwich, CT

This home is located at 586 W Thames St Unit 503, Norwich, CT 06360 since 14 October 2016 and is currently estimated at $296,344, approximately $283 per square foot. This property was built in 2016. 586 W Thames St Unit 503 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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