NOT LISTED FOR SALE

62 Summit St Norwich, CT 06360

Central Norwich Neighborhood
10 Beds
7 Baths
99,999 Sq Ft
0.99 Acres

Last Sold October 25, 2021

Last sale price $399,900 $4 Per Sq Ft

4 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Partially Wooded Lot
  • Central Air
  • 0.99 Acre Lot
  • No HOA
  • Baseboard Heating

About This Home

As of October 2021

Norwich, known as 60-62 Summit Street. Harbor view 5 total apartment units consisting of one - 3 family brick building and two cottages on each side of the brick building. plenty of off street parking. all units occupied with paying tenants. all units have separate utilities paid by tenants. gas heat. central air. total monthly income is $5400.00 see agent remarks.

Last Agent to Sell the Property

Kathy Dubay

I.M.A. Realty LLC License #REB.0755577 Listed on: 09/24/2021

Last Buyer's Agent

Krystal Davis

RE/MAX One License #RES.0802976

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,721

Year Built

  • Built in 1810

Lot Details

  • 0.99 Acre Lot
  • Property Fronts a Bay or Harbor
  • Partially Wooded Lot

Property Views

  • Water
  • City

Home Design

  • 99,999 Sq Ft Home
  • Brick Exterior Construction
  • Stone Foundation
  • Frame Construction
  • Fiberglass Roof
  • Clap Board Siding
  • Masonry Siding
  • Cedar Siding

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Full Bathrooms

Basement

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

Parking

  • Dirt Driveway
  • On-Street Parking
  • Parking Lot
  • Unassigned Parking

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Gross Income $5,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,721

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 99999
  • Total Sq Ft: 99999
  • Year Built: 1810
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Summit. see sign
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Basement Description: Full With Walk-Out
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 62

Exterior Features

  • Exterior Siding: Clapboard, Brick, Cedar
  • Foundation Type: Stone
  • Roof Information: Fiberglass Shingle
  • Waterfront Description: Harbor
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Unassigned Parking, On Street Parking, Parking Lot
  • Driveway Type: Private, Paved, Dirt

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric, Natural Gas
  • 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: 0.9900
  • Lot Description: City Views, Water View, Lightly Wooded
  • Zoning: GC

Multi Family

  • Gross Annual Income: 5485
  • Unit Count: 5
  • Total Multi Family: 20
  • Total Num Of Units: 5

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 8721
  • Total Assessed Value: 179300
  • Mil Rate Base: 42.350
  • Mil Rate Tax District: 6.290
  • Mil Rate Total: 48.640
  • Assessor Parcel Number: 2031591

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

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $399,900 0.0% $4 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $399,900 0.0% $4 / Sq Ft
10/24/2016 10/24/16 Rented $1,095 0.0% --
08/05/2016 08/05/16 For Rent $1,095 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kathy Dubay

    Seller's Agent in 2021

    Kathy Dubay

    I.M.A. Realty LLC

    (860) 377-0192

    1 in this area

    17 Total Sales

    Section Image
  • Krystal Davis

    Buyer's Agent in 2021

    Krystal Davis

    RE/MAX

    (860) 701-8549

    7 in this area

    89 Total Sales

    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170439396

SmartMLS

Connecticut New London County Norwich 06360 Central Norwich

62 Summit St, Norwich, CT

This home is located at 62 Summit St, Norwich, CT 06360 since 24 September 2021. This property was built in 1810. 62 Summit St is a home located in New London County with nearby schools including Uncas Elementary School, Teachers' Memorial Global Studies Magnet Middle, and St. Joseph 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