NOT LISTED FOR SALE

Estimated Value: $254,000 - $364,000

3 Beds
3 Baths
2,748 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $180,000 $66 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,163/month

83 Days on Market

Highlights

  • 0.84 Acre Lot
  • Property is near public transit, shops, and bus stop
  • No HOA
  • Cape Cod Architecture
  • 1 Fireplace
  • Porch

About This Home

As of October 2019

This beautiful home has been diligently and meticulously maintained by original family who built it in 1947 and owned and operated the well-known salon on the lower level. This commercial/residential property has endless potential for a quality home and new salon, other small business or rental income. The residence features gleaming hardwood floors throughout, wood burning fireplace, original woodwork and trim details. The half bathroom on the main floor and the full bathroom on the top floor are pristine mid-century tile. The downstairs salon area also has an additional half bath. The house is being sold with Crane Ave. as a package and provides off-street parking for several vehicles. The Crane Ave. driveway parcel continues up the hill to Maple St. and is .46 of the .84 acres and is assessed at $2,700 and zoned GC/R2. The accounting business at 455 W. Main St. has an easement to use lower portion of the driveway to access their parking lot. This impressive property is a must-see for homeowners and investors alike.

Last Agent to Sell the Property

Jay Kelly

William Raveis Real Estate License #RES.0809553 Listed on: 04/16/2019

William Raveis Real Estate

Last Buyer's Agent

Viviana Penson-Rodriguez

Leaf Realty Group, LLC License #REB.0789371

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,092

Year Built

  • Built in 1947

Lot Details

  • 0.84 Acre Lot
  • Sloped Lot
  • Property is zoned GC

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit, shops, and bus stop

Schools

  • Norwich Free Academy High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Public Transportation

Listing and Financial Details

  • Exclusions: Furniture items are negotiable, but not included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,092

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1799
  • Public Record Living Room Sq Ft: 1543
  • Sq Ft Est Heated Below Grade: 949
  • Total Sq Ft: 2748
  • Year Built: 1947
  • Nearby Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Adjacent commercial lot being sold by same owners at 459 W Main Street, MLS#170184664.
  • Exclusions: Furniture items are negotiable, but not included in the sale of the property
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2731
  • Tax Year Updated Dt: 07/30/2019
  • Directions: I-395, exit 11. GPS friendly. Crane Ave is off of West Main St. in Norwich.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Partially Finished, Heated, Cooled
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Electric Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Gutters, Lighting, Patio, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Shared, Paved, Asphalt

Utilities

  • Cooling System: Wall Unit, Window Unit
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.8400
  • Lot Description: Additional Land Avail., Sloping Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: GC

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5092
  • Mil Rate Base: 40.640
  • Mil Rate Tax District: 7.350
  • Assessor Parcel Number: 2417015

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
Apr 16, 2019
Closed on
Oct 1, 2019
Sold by
Fernald Patricia L
Bought by
Donayre Percy L and Donayre-Ortega Nelly J
Seller's Agent
Jay Kelly
William Raveis Real Estate
Buyer's Agent
Viviana Penson-Rodriguez
Leaf Realty Group, LLC
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$320,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,256
Avg. Annual Appreciation
9.50%
Original Mortgage
$176,739
Outstanding Balance
$156,420
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$162,093

Purchase Details

Closed on
Jun 6, 1997
Sold by
Srednicki Lillian
Bought by
Ferald Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Donayre Percy L -- --
Donayre Percy L -- --
Ferald Patricia $50,000 --
Ferald Patricia $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donayre Percy L $176,739
Closed Donayre Percy L $176,739
Previous Owner Ferald Patricia $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $180,000 -9.5% $66 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $199,000 -- $72 / 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 $6,054 $149,600 $34,700 $114,900
2024 $5,715 $149,600 $34,700 $114,900
2023 $5,277 $108,500 $33,000 $75,500
2022 $5,260 $108,500 $33,000 $75,500
2021 $156 $108,500 $33,000 $75,500
2020 $5,259 $108,500 $33,000 $75,500
2019 $5,092 $106,100 $33,000 $73,100
2018 $5,115 $105,700 $33,000 $72,700
2017 $5,152 $105,700 $33,000 $72,700
2016 $5,186 $105,700 $33,000 $72,700
2015 $5,080 $105,700 $33,000 $72,700
2014 $4,855 $105,700 $33,000 $72,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170184664

SmartMLS

APN: NORW-000108-000003-000028