NOT LISTED FOR SALE

Cove View Condominiums 586 W Thames St Unit 603 Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $471,215 - $502,000

2 Beds
2.5 Baths
1,729 Sq Ft
$550/mo HOA Fee

Last Sold January 31, 2024

Last sale price $408,000 $236 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,951/month

152 Days on Market

Highlights

  • Penthouse
  • Property is near public transit
  • Exercise Course
  • Open Floorplan
  • 1 Fireplace
  • Balcony

About This Home

As of January 2024

Stunning townhouse Penthouse at Penthomes Above The Cove at Cove View Towers is ready for a new owner. This amazing brand new unit with today's buyers in mind, features breathtaking views of Mohegan Sun and the Thames River. This desirable open floor plan with floor to ceiling windows and the gas fireplace with built-ins is the perfect place for you to call home. The dream style kitchen boasts white cabinetry, Quartz counters, ceramic tile backsplash and stainless steel appliances with unobstructed views . If you are looking for something special, this is the place for you. Upstairs you will enjoy the primary bedroom with the floor to ceiling windows, a beautiful full bath and a spacious closet. There is a second bedroom and the second floor full bath. This is a luxury lifestyle living here in Cove View Towers. This complex offers 24-hr surveillance, a community room with a kitchen and fireplace, slider to the outdoor terrace with a gas fire-pit, BBQ, outdoor seating where you can gather with family and friends. Also you can relax in the movie theater or get a quick work out in the fitness room. There are garage spaces available for an additional 20K. This property is a must see, you will fall in love as soon as you step out of the elevator into the recently remodeled lobby. All this and so much more, you have to see this penthouse to appreciate it! Call today for your private showing. Parking spaces are available for purchase for an additional 20K.

Last Agent to Sell the Property

Kathleen Sitek

Berkshire Hathaway NE Prop. License #RES.0755047 Listed on: 09/01/2023

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Katie French

Coldwell Banker Realty License #RES.0639139

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,139

Year Built

  • Built in 2023

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Penthouse
  • Stone Frame
  • Frame Construction
  • Stone Siding
  • Stone

Interior Spaces

  • 1,729 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Rain Gutters

Location

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

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2583937

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management
  • 40 Units
  • Property managed by Ccapital Property Group

Amenities

  • Public Transportation
  • Elevator

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,139

Year Built

Built in 2023

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse, Penthouse
  • Sq Ft Est Heated Above Grade: 1729
  • Total Sq Ft: 1729
  • Year Built: 2023
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Public Transportation
  • Association Amenities: Elevator, Exercise Room/Health Club, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 6
  • Public Record Gross Sq Ft: 1794
  • Directions: GPS
  • Financing Used: Cash
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 1729
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: NewHome

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: None
  • Interior Amenities: Cable - Pre-wired, Elevator, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 586

Exterior Features

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

Garage/Parking

  • Garage And Parking: Parking Garage, Parking Lot, Unassigned Parking

Utilities

  • Cooling System: Central Air, Ductless
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management
  • Levels In Unit: 2
  • HOA Fees: 550
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Ccapital Property Group
  • Property Mgt Phone: 860-319-0055
  • 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: Level Lot Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: MF
  • Parcel #: 2583937

Rental Info

  • Pets Allowed Info: One dot, one cat
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 40

Tax Info

  • Property Tax: 6139
  • Total Assessed Value: 146700
  • Mil Rate Total: 41.85

MLS Schools

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cove Farida Assoc Llc $1,102,500
Closed Cove Farida Assoc Llc $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $408,000 -0.5% $236 / Sq Ft
11/27/2023 11/27/23 Price Changed $409,900 -3.5% $237 / Sq Ft
09/01/2023 09/01/23 For Sale $424,900 -- $246 / 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 $9,768 $280,600 $0 $280,600
2024 $9,330 $280,600 $0 $280,600
2023 $6,139 $146,700 $0 $146,700
2022 $6,188 $146,700 $0 $146,700
2021 $6,213 $146,700 $0 $146,700
2020 $7,175 $169,300 $0 $169,300
2019 $5,962 $146,700 $0 $146,700
2018 $5,344 $128,900 $0 $128,900
2017 $5,389 $132,500 $0 $132,500
2016 $3,552 $85,200 $0 $85,200
2015 $3,526 $85,200 $0 $85,200
2014 $2,217 $56,800 $0 $56,800
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Sitek

    Seller's Agent in 2024

    Kathleen Sitek

    Berkshire Hathaway Home Services

    (860) 729-1133

    8 in this area

    238 Total Sales

    Kathleen Sitek
    Section Image
  • Katie French

    Buyer's Agent in 2024

    Katie French

    Coldwell Banker Realty

    (860) 977-3802

    1 in this area

    187 Total Sales

    Katie French
    Section Image
See All Agents

About Cove View Condominiums

Map

Source: SmartMLS

MLS Number: 170595179

SmartMLS

APN: NORW-000129-000001-000023-000603

Connecticut New London County Norwich 06360 East Great Plains

586 W Thames St Unit 603, Norwich, CT

This home is located at 586 W Thames St Unit 603, Norwich, CT 06360 since 01 September 2023 and is currently estimated at $485,554, approximately $280 per square foot. This property was built in 2023. 586 W Thames St Unit 603 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.

Nearby Homes