NOT LISTED FOR SALE

62 Elizabeth St Unit 64 Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $236,561 - $387,000

6 Beds
2 Baths
2,444 Sq Ft
$120/Sq Ft Est. Value

Last Sold October 02, 2013

Last sale price $63,298 $26 Per Sq Ft

Est. 363% increase in value since last sale

Current estimated payment $2,063/month

13 Days on Market

About This Home

As of October 2013

Spacious two family with privacy and three bedrooms in each unit! Cash cow waiting for owner occupant or investor to make her shine! Price significantly under assessed value. Sold in 2005 for $245,000! Don't miss out on this great opportunity.

Last Agent to Sell the Property

Lori Hopkins-Cavanagh

Lori Hopkins-Cavanagh Broker License #REB.0788357 Listed on: 08/14/2013

Last Buyer's Agent

Patricia Williams

William Raveis Real Estate License #RES.0780303

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,115

Year Built

  • Built in 1885

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Side-by-Side
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,444 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Partially Finished Attic

Schools

  • Boe Elementary And Middle School
  • Boe High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,115

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units are Side-by-Side
  • Total Sq Ft: 2444
  • Year Built: 1885
  • Property Sub Type: 2 Family
  • Directions: West main street (route 82) east, right onto osgood, left onto elizabeth. Or, route 32 n, left onto dunham, right onto elizabeth.
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Partially Finished
  • Basement Description: Full With Hatchway, Unfinished
  • Interior Amenities: Cable - Available
  • Attic: Yes
  • Stories Number Of: 3
  • Street Number Modifier: 62

Exterior Features

  • Exterior Siding: Vinyl Siding

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Fuel Type: Oil
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Boe
  • Middle School: Boe
  • High School: Boe
  • Intermediate School: Boe

Lot Info

  • Acres: 0.1300

Rental Info

  • Lease Purchase: No

Multi Family

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

Tax Info

  • Total Assessed Value: 130000
  • Assessor Parcel Number: 2020902

MLS Schools

  • Elementary School: Boe
  • Middle Jr High School: Boe
  • High School: Boe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2013
Closed on
Oct 2, 2013
Sold by
Department Of Housing & Urban Dev
Bought by
Liao Jian K
Seller's Agent
Lori Hopkins-Cavanagh
Lori Hopkins-Cavanagh Broker
Buyer's Agent
Patricia Williams
William Raveis Real Estate
List Price
$70,000
Sold Price
$63,298
Premium/Discount to List
-$6,702
-9.57%
Current Estimated Value
$292,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,592
Avg. Annual Appreciation
13.33%

Purchase Details

Listed on
Aug 14, 2013
Closed on
Aug 6, 2013
Sold by
Midfirst Bank
Bought by
Department Of Housing & Urban Dev
Seller's Agent
Lori Hopkins-Cavanagh
Lori Hopkins-Cavanagh Broker
Buyer's Agent
Patricia Williams
William Raveis Real Estate
List Price
$70,000
Sold Price
$63,298
Premium/Discount to List
-$6,702
-9.57%

Purchase Details

Closed on
Jun 17, 2013
Sold by
Renya-Parraga Indiah S and Midfirst Bank State Sb
Bought by
Midfirst Bank State Sb

Purchase Details

Closed on
Feb 25, 2009
Sold by
Reyna Indian
Bought by
Parraga Waller

Purchase Details

Closed on
Mar 24, 2005
Sold by
Morrissette Raymond
Bought by
Parraga Walter and Parraga Indiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,079
Interest Rate
5.56%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Cruz Jose
Bought by
Morrissette Raymond T

Purchase Details

Closed on
Jan 28, 2000
Sold by
Bankers Trust Co
Bought by
Cruz Jose

Purchase Details

Closed on
Apr 2, 1987
Sold by
Est Linda Raad
Bought by
Punzaian Beverly L
Source: Public Records

Range of Values:

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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
Liao Jian K $63,298 --
Liao Jian K $63,298 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Midfirst Bank State Sb -- --
Midfirst Bank State Sb -- --
Parraga Waller -- --
Parraga Waller -- --
Parraga Walter $245,000 --
Parraga Walter $245,000 --
Morrissette Raymond T $89,200 --
Morrissette Raymond T $89,200 --
Cruz Jose $37,900 --
Cruz Jose $37,900 --
Punzaian Beverly L $91,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Punzaian Beverly L $243,079
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2013 10/02/13 Sold $63,298 -9.6% $26 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $70,000 -- $29 / 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 $6,115 $151,100 $30,500 $120,600
2024 $5,772 $151,100 $30,500 $120,600
2023 $4,679 $96,200 $20,800 $75,400
2022 $4,664 $96,200 $20,800 $75,400
2021 $4,679 $96,200 $20,800 $75,400
2020 $4,668 $96,300 $20,900 $75,400
2019 $4,621 $96,300 $20,900 $75,400
2018 $4,079 $84,300 $20,900 $63,400
2017 $4,109 $84,300 $20,900 $63,400
2016 $4,136 $84,300 $20,900 $63,400
2015 $4,051 $84,300 $20,900 $63,400
2014 $3,872 $84,300 $20,900 $63,400
Source: Public Records

Agents Affiliated with this Home

  • Lori Hopkins-Cavanagh

    Seller's Agent in 2013

    Lori Hopkins-Cavanagh

    Lori Hopkins-Cavanagh Broker

    (860) 449-2007

    3 in this area

    14 Total Sales

    Lori Hopkins-Cavanagh
    Section Image
  • Patricia Williams

    Buyer's Agent in 2013

    Patricia Williams

    William Raveis Real Estate

    (603) 369-1069

    26 in this area

    84 Total Sales

    Patricia Williams
    Section Image
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Map

Source: SmartMLS

MLS Number: E269429

SmartMLS

APN: NORW-000109-000002-000079

Connecticut New London County Norwich 06360 Central Norwich

62 Elizabeth St Unit 64, Norwich, CT

This home is located at 62 Elizabeth St Unit 64, Norwich, CT 06360 since 14 August 2013 and is currently estimated at $292,890, approximately $119 per square foot. This property was built in 1885. 62 Elizabeth St Unit 64 is a home located in New London County with nearby schools including Uncas Elementary School, Teachers' Memorial Global Studies Magnet Middle, and Montessori Discovery School.

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