NOT LISTED FOR SALE

588 Norwich Rd Unit 590 Plainfield, CT 06374

Estimated Value: $200,275 - $343,000

4 Beds
2 Baths
2,558 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $148,000 $58 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,827/month

74 Days on Market

Highlights

  • Attic
  • Baseboard Heating
  • Level Lot
  • No HOA
  • Private Driveway

About This Home

As of September 2022

Spacious 2 family home! Great location, close to everything. Front porch for enjoyment. Plenty of parking in the rear of the building. This property will need a fair amount of TLC and updating. Handyman special or bring your contractor! Tons of potential as an investment - add this one to your portfolio.

Last Agent to Sell the Property

Stephanie Rush

RE/MAX Legends License #REB.0975065 Listed on: 04/23/2022

RE/MAX Legends

Last Buyer's Agent

Gabriella Tryon

Executive Real Estate Inc. License #RES.0819357

Executive Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 1825

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,558 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,544

Year Built

Built in 1825

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2558
  • Public Record Living Room Sq Ft: 2558
  • Total Sq Ft: 2558
  • Year Built: 1825
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5472
  • Tax Year Updated Dt: 08/29/2022
  • Directions: Per GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 588

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Block, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2300
  • Lot Description: Level Lot
  • Zoning: RA19

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3544
  • Total Assessed Value: 73740
  • Mil Rate Base: 28.030
  • Mil Rate Tax District: 1.800
  • Mil Rate Total: 29.830
  • Assessor Parcel Number: 1700238

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
Apr 23, 2022
Closed on
Sep 16, 2022
Sold by
Falanga Joseph J Sr Est
Bought by
Lora Ricardo M
Seller's Agent
Stephanie Rush
RE/MAX Legends
Buyer's Agent
Gabriella Tryon
Executive Real Estate Inc.
List Price
$125,000
Sold Price
$148,000
Premium/Discount to List
$23,000
18.4%
Total Days on Market
74
Views
15
Current Estimated Value
$288,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,319
Avg. Annual Appreciation
25.33%
Original Mortgage
$111,000
Outstanding Balance
$106,589
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$170,668

Purchase Details

Closed on
Feb 26, 2010
Sold by
Arruda Jon and Us Bk
Bought by
Us Bk

Purchase Details

Closed on
Nov 18, 2004
Sold by
Opperman Fred L
Bought by
Aalberg Alexander and Arruda Jon
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Lora Ricardo M $148,000 None Available
Lora Ricardo M $148,000 None Available
Us Bk -- --
Us Bk -- --
Aalberg Alexander $70,000 --
Aalberg Alexander $70,000 --
Aalberg Alexander $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lora Ricardo M $111,000
Closed Lora Ricardo M $111,000
Previous Owner Aalberg Alexander $49,000
Previous Owner Aalberg Alexander $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $148,000 +18.4% $58 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $125,000 -- $49 / 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
2024 $2,726 $122,090 $23,800 $98,290
2023 $2,713 $122,090 $23,800 $98,290
2022 $3,544 $73,740 $20,520 $53,220
2021 $2,222 $73,740 $20,520 $53,220
2020 $2,214 $73,740 $20,520 $53,220
2019 $2,214 $73,740 $20,520 $53,220
2018 $2,187 $73,740 $20,520 $53,220
2017 $2,395 $75,740 $21,600 $54,140
2016 $2,310 $75,740 $21,600 $54,140
2015 $2,258 $75,740 $21,600 $54,140
2014 $2,258 $75,740 $21,600 $54,140
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170484815

SmartMLS

APN: PLAI-000001P-000036-000007