NOT LISTED FOR SALE

603 N Main St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $243,000 - $313,000

4 Beds
2 Baths
1,760 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $250,000 $142 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,951/month

4 Days on Market

Highlights

  • River Front
  • Attic
  • 2 Car Detached Garage
  • Property is near public transit
  • No HOA
  • Public Transportation

About This Home

As of June 2023

Have you ever dreamed of owning your own investment property but couldn't find just the right one, wait no longer! This oversized two family features a thoughtfully updated kitchen, flooring bathroom and layout perfect for entertaining or just enjoying, and looks out over the yantic falls, a soothing river that has been the perfect spot to fish for over a hundred years! With newer siding, roof windows and interior, not much left to do but move in, and enjoy someone else helping with your mortgage

Last Agent to Sell the Property

Joseph Malerba

eXp Realty License #RES.0792576 Listed on: 04/27/2023

eXp Realty

Last Buyer's Agent

Barbara Hernandez

RE/MAX One License #RES.0814486

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,554

Year Built

  • Built in 1903

Lot Details

  • 6,098 Sq Ft Lot
  • River Front

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 1,760 Sq Ft Home
  • Water Views
  • Walkup Attic

Basement

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

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Norwich Free Academy High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,554

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Neighborhood: Greenville
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1760
  • Public Record Living Room Sq Ft: 1760
  • Total Sq Ft: 1760
  • Year Built: 1903
  • Nearby Amenities: Basketball Court, Commuter Bus, Health Club, Library, Medical Facilities, Playground/Tot Lot, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4060
  • Directions: per gps
  • Special Features: None

Interior Features

  • Attic Description: Walk-up
  • Basement Description: Full, Full With Walk-Out
  • Attic: Yes
  • Street Number Modifier: 603

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Norwich Free Academy
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1400
  • Lot Description: Water View
  • Zoning: GC

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3554
  • Total Assessed Value: 73300
  • Mil Rate Base: 42.180
  • Mil Rate Tax District: 6.300
  • Mil Rate Total: 48.480
  • Assessor Parcel Number: 2411318

Multi Family

  • Total Num Of Units: 2

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 15, 2023
Sold by
Birch And Cherry Llc
Bought by
Ojieyan Ehi
Seller's Agent
Joseph Malerba
eXp Realty
Buyer's Agent
Barbara Hernandez
RE/MAX One
List Price
$239,900
Sold Price
$250,000
Premium/Discount to List
$10,100
4.21%
Views
80
Current Estimated Value
$277,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,165
Avg. Annual Appreciation
5.01%
Original Mortgage
$187,500
Outstanding Balance
$182,883
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$95,761

Purchase Details

Closed on
Aug 25, 2021
Sold by
Brumfield Kyle M and Brumfield Breann
Bought by
Birch & Cherry Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 3, 2019
Closed on
Oct 16, 2019
Sold by
Malerba Andrew C
Bought by
Brumfield Kyle E and Brumfield Breann
Seller's Agent
Joseph Malerba
eXp Realty
Buyer's Agent
Marianne Malerba
eXp Realty
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%
Original Mortgage
$97,500
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2010
Sold by
Department Of Housing & Urban Dev
Bought by
Malerba Andrew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,333
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2010
Sold by
Chfa
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Feb 3, 2010
Sold by
Branar Sarah and Branar William Backus
Bought by
Chfa

Purchase Details

Closed on
Jun 23, 2006
Sold by
Allain Norman and Allain Marie
Bought by
Longo Joey and Long Joey
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ojieyan Ehi $250,000 None Available
Ojieyan Ehi $250,000 None Available
Birch & Cherry Llc -- None Available
Birch & Cherry Llc -- None Available
Brumfield Kyle E $130,000 --
Brumfield Kyle E $130,000 --
Malerba Andrew C $50,000 --
Malerba Andrew C $50,000 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Chfa -- --
Chfa -- --
Longo Joey $186,500 --
Longo Joey $186,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ojieyan Ehi $187,500
Closed Ojieyan Ehi $187,500
Previous Owner Birch & Cherry Llc $545,000
Previous Owner Brumfield Kyle E $97,500
Previous Owner Longo Joey $101,333
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $250,000 +4.2% $142 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $239,900 +84.5% $136 / Sq Ft
10/18/2019 10/18/19 Sold $130,000 0.0% $74 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $130,000 -- $74 / 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 $5,330 $131,700 $28,200 $103,500
2024 $5,031 $131,700 $28,200 $103,500
2023 $3,565 $73,300 $16,200 $57,100
2022 $3,554 $73,300 $16,200 $57,100
2021 $3,565 $73,300 $16,200 $57,100
2020 $3,553 $73,300 $16,200 $57,100
2019 $3,518 $73,300 $16,200 $57,100
2018 $3,111 $64,300 $14,600 $49,700
2017 $3,134 $64,300 $14,600 $49,700
2016 $3,155 $64,300 $14,600 $49,700
2015 $3,090 $64,300 $14,600 $49,700
2014 $2,953 $64,300 $14,600 $49,700
Source: Public Records

Agents Affiliated with this Home

  • Joseph Malerba

    Seller's Agent in 2023

    Joseph Malerba

    eXp Realty

    (860) 912-7315

    27 in this area

    246 Total Sales

    Joseph Malerba
    Section Image
  • Barbara Hernandez

    Buyer's Agent in 2023

    Barbara Hernandez

    RE/MAX

    (860) 514-9551

    9 in this area

    42 Total Sales

    Barbara Hernandez
    Section Image
  • Marianne Malerba

    Seller Co-Listing Agent in 2019

    Marianne Malerba

    eXp Realty

    (860) 608-9661

    11 in this area

    97 Total Sales

    Marianne Malerba
    Section Image
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Map

Source: SmartMLS

MLS Number: 170564933

SmartMLS

APN: NORW-000087-000001-000016

Connecticut New London County Norwich 06360 Central Norwich

603 N Main St, Norwich, CT

This home is located at 603 N Main St, Norwich, CT 06360 since 27 April 2023 and is currently estimated at $277,165, approximately $157 per square foot. This property was built in 1903. 603 N Main St is a home located in New London County with nearby schools including Moriarty Magnet Elementary School, Kelly STEAM Magnet Middle School, and Integrated Day Charter 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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