NOT LISTED FOR SALE

68 Thermos Ave Unit 406 Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $212,000 - $223,908

2 Beds
2 Baths
1,240 Sq Ft
$409/mo HOA Fee

Last Sold November 20, 2020

Last sale price $139,900 $113 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,049/month

11 Days on Market

Highlights

  • Penthouse
  • Open Floorplan
  • Balcony
  • River Front
  • Deck
  • Intercom

About This Home

As of November 2020

Now FHA approved! Barbeque or entertain family & friends from your deck overlooking downtown Norwich and the Thames River. Spectacular views from your modern, updated New York style Penthouse Condo in the historic Thermos building, 10 foot wooden planked ceilings thought out, skylights, huge living room, 2 bedrooms, 2 baths w/ marble and Whirlpool tub. Recently remodeled kitchen with new cabinets, floor and appliances, includes washer & dryer. Pets are allowed but sorry no dogs. Secure building, Lobby intercom system, Awesome glass elevators. This million dollar view is available at a fraction of the cost . Owner is motivated and offering this condo at almost 30% off purchase price, it won’t last. This is not a short sale. Elevator building with assigned parking Whirlpool tub, c/a, marble bath floors. Spacious New York loft style with class and style. Newer kitchen cabinets, appliances and flooring with a beachy feel. Perfect for a part time resident for casino goers as well as a year round place to enjoy forever views .Purchased at a far greater price, but not a short sale!

Last Agent to Sell the Property

Leo Chomen

Signature Properties of NewEng License #RES.0752883 Listed on: 09/24/2020

Last Buyer's Agent

Emily Myers

Willow Properties License #RES.0806588

Willow Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1989

Lot Details

  • River Front

HOA Fees

  • $409 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • Open Floorplan
  • Water Views
  • Intercom

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Deck
  • Guest Parking
  • Visitor Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Schools

  • Pboe Elementary School
  • Norwich Free Academy High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, water, property management, insurance
  • 88 Units
  • Thermos On The Thame Community
  • Property managed by N.E. Properties

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,771

Year Built

Built in 1989

Lot Details

0

HOA Fees

$409 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Penthouse
  • Sq Ft Est Heated Above Grade: 1240
  • Public Record Living Room Sq Ft: 1240
  • Total Sq Ft: 1240
  • Year Built: 1989
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Boats, Trailer(S)
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 4
  • Public Record Gross Sq Ft: 1440
  • Tax Year Updated Dt: 09/22/2020
  • Condo Model Name: Penthouse
  • Directions: Route #12 to Thermos Ave. (opposite Cumberland Farm). Park in front entrance indicated .... 15 minutes parking.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Interior Amenities: Cable - Available, Elevator, Intercom, Open Floor Plan
  • Appliances: Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 68

Exterior Features

  • Exterior Features: Balcony, Deck
  • Exterior Siding: Brick
  • Waterfront Description: Frontage, River, View
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Assigned Parking, Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Water, Property Management, Insurance
  • Complex Name: Thermos On The Thame
  • Levels In Unit: 2
  • HOA Fees: 409
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: N.E. Properties
  • Property Mgt Phone: 860-437-7005

Schools

  • Elementary School: PBOE
  • High School: Norwich Free Academy

Lot Info

  • Lot Description: Water View, Level Lot
  • Zoning: WD

Rental Info

  • Pets Allowed Info: indoor cats only
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3771
  • Total Assessed Value: 77800
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Mil Rate Total: 48.470
  • Assessor Parcel Number: 2412389

Multi Family

  • Total Num Of Units: 88

MLS Schools

  • Elementary School: PBOE
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 17, 2020
Sold by
Horan Robert J and Horan Patricia M
Bought by
Amarello Joseph
Seller's Agent
Leo Chomen
Signature Properties of NewEng
Buyer's Agent
Emily Myers
Willow Properties
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$219,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,327
Avg. Annual Appreciation
8.42%
Original Mortgage
$111,920
Outstanding Balance
$100,272
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$105,128

Purchase Details

Closed on
Feb 26, 2009
Sold by
Forier Luann and Forier Gordon
Bought by
Horan Robert James and Horan Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,762
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2006
Sold by
Lok Jeannie
Bought by
Forier Gordon and Forier Luann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 1999
Sold by
Cil Rlty Inc
Bought by
Chan Soowen
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
Amarello Joseph $139,900 None Available
Amarello Joseph $139,900 None Available
Horan Robert James $175,000 --
Horan Robert James $175,000 --
Forier Gordon $165,000 --
Forier Gordon $165,000 --
Chan Soowen $78,000 --
Chan Soowen $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amarello Joseph $111,920
Closed Amarello Joseph $111,920
Previous Owner Chan Soowen $174,762
Previous Owner Chan Soowen $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $139,900 0.0% $113 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $139,900 0.0% $113 / Sq Ft
10/26/2019 10/26/19 Rented $1,300 0.0% --
10/10/2019 10/10/19 Under Contract -- -- --
10/03/2019 10/03/19 For Rent $1,300 0.0% --
06/06/2018 06/06/18 Rented $1,300 0.0% --
03/29/2018 03/29/18 Under Contract -- -- --
02/19/2018 02/19/18 For Rent $1,300 0.0% --
04/25/2017 04/25/17 Rented $1,300 0.0% --
04/24/2017 04/24/17 Under Contract -- -- --
04/22/2017 04/22/17 For Rent $1,300 0.0% --
04/13/2017 04/13/17 Off Market $1,300 -- --
04/13/2017 04/13/17 For Rent $1,300 0.0% --
03/02/2017 03/02/17 Off Market $1,300 -- --
02/20/2017 02/20/17 For Rent $1,300 0.0% --
02/04/2017 02/04/17 Off Market $1,300 -- --
10/25/2016 10/25/16 For Rent $1,300 0.0% --
03/19/2016 03/19/16 Rented $1,300 -7.1% --
02/18/2016 02/18/16 Under Contract -- -- --
01/19/2016 01/19/16 For Rent $1,400 -- --
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 $5,338 $131,900 $0 $131,900
2024 $5,039 $131,900 $0 $131,900
2023 $3,784 $77,800 $0 $77,800
2022 $3,772 $77,800 $0 $77,800
2021 $3,784 $77,800 $0 $77,800
2020 $3,771 $77,800 $0 $77,800
2019 $3,734 $77,800 $0 $77,800
2018 $3,823 $79,000 $0 $79,000
2017 $3,850 $79,000 $0 $79,000
2016 $3,876 $79,000 $0 $79,000
2015 $3,797 $79,000 $0 $79,000
2014 $3,628 $79,000 $0 $79,000
Source: Public Records

Agents Affiliated with this Home

  • Leo Chomen

    Seller's Agent in 2020

    Leo Chomen

    Signature Properties of NewEng

    (860) 447-8839

    36 in this area

    180 Total Sales

    Section Image
  • Emily Myers

    Buyer's Agent in 2020

    Emily Myers

    Willow Properties

    (860) 961-0241

    7 in this area

    181 Total Sales

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  • Marilyn Lusher

    Buyer Co-Listing Agent in 2020

    Marilyn Lusher

    RE/MAX

    (860) 460-9559

    15 in this area

    347 Total Sales

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  • T

    Buyer's Agent in 2017

    Terry Friedman

    Compass Connecticut, LLC

    Section Image

  • J

    Buyer's Agent in 2016

    Judith Drake

    Compass Connecticut, LLC

    Section Image
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Map

Source: SmartMLS

MLS Number: 170339801

SmartMLS

APN: NORW-000118-000002-000028-000406

Connecticut New London County Norwich 06360 Central Norwich

68 Thermos Ave Unit 406, Norwich, CT

This home is located at 68 Thermos Ave Unit 406, Norwich, CT 06360 since 24 September 2020 and is currently estimated at $219,227, approximately $176 per square foot. This property was built in 1989. 68 Thermos Ave Unit 406 is a home located in New London County with nearby schools including Veterans' Memorial Elementary School, Kelly STEAM Magnet Middle School, and Integrated Day Charter School.

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