$289,000
SOLD JUN 30, 2025

Cove View Condominiums 586 W Thames St Unit 505 Norwich, CT 06360

East Great Plains Neighborhood
1 Bed
1.5 Baths
1,080 Sq Ft
$495/mo HOA Fee

Recently Sold

$268 Per Sq Ft

3% Below List Price

11 Days on Market

Highlights

  • Waterfront
  • Deck
  • Exercise Course
  • Open Floorplan
  • 1 Fireplace
  • Elevator

About This Home

As of June 2025

Spectacular WATER views from your Condominium at Cove View Towers. Luxury lifestyle living at its best w/Breathtaking panoramic views of the Thames River & Mohegan Sun from your personal Balcony leading out from your large family rm. Gorgeous open floorplan w/9ft ceilings. A DREAM Kitchen w/GRANITE counters, tile backsplash, Breakfast Island Bar for all occasions & SS appliances. Beautiful family rm & dining rm w/9ft ceilings, GAS FIREPLACE & views from your floor to ceiling windows & slider bringing in tons of natural sunlight during the day and lighting up the view after dark. Large Master suite w/ double large windows w/remote blackout blinds, walk-in closet & a built in custom California closet. .Full Master bath w/a whirlpool Jacuzzi tub, granite vanity and fully tiled separate shower. This exquisite condo has it ALL Water views, forced hot air heating, CENTRAL AIR, laundry hookups, 9 ft ceilings throughout. Wonderful amenities in this perfect condo complex with two elevators, secured entrance w/cameras, theatre rm, exercise rm & a spacious community rm for parties, holidays & more w/access to a huge terrace/patio to sit out or grill overlooking The Thames River for nice relaxing falls and summers & comes w/ a covered above parking spot by the door & guest parking Sits beautifully in a park-like setting with 6.03 acres surrounded by stone walls, mature trees and beautifully landscaped grounds Water, sewer, trash, snow removal & grounds are included in the HOA .

Last Agent to Sell the Property

Irene Adams

Signature Properties of NewEng License #REB.0756588 Listed on: 05/08/2025

Last Buyer's Agent

Kathy Pupa

William Pitt Sotheby's Int'l License #RES.0797962

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,852

Year Built

  • Built in 2003

Lot Details

  • Waterfront

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Frame Construction
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 1,080 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • 1 Car Garage
  • Parking Deck
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2602025

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management
  • 50 Units
  • Mid-Rise Condominium

Amenities

  • Elevator

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,852

Year Built

Built in 2003

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Mid Rise
  • Sq Ft Est Heated Above Grade: 1080
  • Total Sq Ft: 1080
  • Year Built: 2003
  • New Construction: No/Resale
  • Association Amenities: Elevator, Exercise Room/Health Club, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 10
  • Directions: Gps
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1080
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: None
  • Interior Amenities: Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 586

Exterior Features

  • Exterior Features: Balcony, Deck
  • Exterior Siding: Stone, Stucco
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Carport

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management
  • Levels In Unit: 1
  • HOA Fees: 495
  • HOA Fee Frequency: Monthly
  • Property Management Type: Unit Owners Association
  • Property Manager Name: Capital Properties
  • Total Number of Units In Complex: Cove View Towers

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Lot Description: Secluded Water View
  • Flood Zone: No
  • Zoning: MF
  • Parcel #: 2602025

Rental Info

  • Pets Allowed Info: 1 dog or 1 cat
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 50

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5852
  • Total Assessed Value: 176000
  • Mil Rate Total: 33.25

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jun 24, 2025
Sold by
Schena Robin L
Bought by
Winterhalter Maureen and Nana David W
Seller's Agent
Irene Adams
Signature Properties of NewEng
Buyer's Agent
Kathy Pupa
William Pitt Sotheby's Int'l
List Price
$299,000
Sold Price
$289,000
Premium/Discount to List
-$10,000
-3.34%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$231,200
Outstanding Balance
$230,805
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$62,402
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $231,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $289,000 -3.3% $268 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $299,000 +99.3% $277 / Sq Ft
09/30/2016 09/30/16 Sold $150,000 +3.4% $136 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $145,000 -- $131 / 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 $6,127 $176,000 $0 $176,000
2024 $5,852 $176,000 $0 $176,000
2023 $4,763 $113,800 $0 $113,800
2022 $4,800 $113,800 $0 $113,800
2021 $4,819 $113,800 $0 $113,800
2020 $4,823 $113,800 $0 $113,800
2019 $4,625 $113,800 $0 $113,800
2018 $5,444 $131,300 $0 $131,300
2017 $5,340 $131,300 $0 $131,300
2016 $4,744 $113,800 $0 $113,800
2015 $4,710 $113,800 $0 $113,800
2014 $2,737 $70,100 $0 $70,100
Source: Public Records

Agents Affiliated with this Home

  • Irene Adams

    Seller's Agent in 2025

    Irene Adams

    Signature Properties of NewEng

    (860) 917-9351

    3 in this area

    256 Total Sales

    Irene Adams
    Section Image
  • Kathy Pupa

    Buyer's Agent in 2025

    Kathy Pupa

    William Pitt

    (860) 608-0041

    2 in this area

    56 Total Sales

    Kathy Pupa
    Section Image
  • Dan Sperduto

    Seller's Agent in 2016

    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: 24094295

SmartMLS

APN: NORW-000129-000001-000023-000505

Connecticut New London County Norwich 06360 East Great Plains

586 W Thames St Unit 505, Norwich, CT

This home is located at 586 W Thames St Unit 505, Norwich, CT 06360 and is currently priced at $289,000, approximately $267 per square foot. This property was built in 2003. 586 W Thames St Unit 505 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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