NOT LISTED FOR SALE

7 Colony Ct Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $244,000 - $284,000

3 Beds
1 Bath
912 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $105,000 $115 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,896/month

13 Days on Market

Highlights

  • Deck
  • No HOA
  • Cul-De-Sac
  • Ranch Style House
  • Thermal Windows

About This Home

As of July 2016

REO property being sold as is, home has been freshened up with updated flooring and paint and a few new fixtures. Located at the end of the cul-de-sac with big level backyard. Close to golf course, vinyl siding, cute house. Partial finished basement. Seller may contribute up to 3% towards owner occupied buyers closing costs and may pay up to $500 for Home warranty plan of owner occupied buyers choice

Last Agent to Sell the Property

Pat Reed

Chiarito Real Estate LLC License #RES.0525136 Listed on: 05/24/2016

Last Buyer's Agent

Frank Busch

Performance Realty Group License #REB.0788701

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,390

Year Built

  • Built in 1954

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • Thermal Windows
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Driveway

Schools

  • Pboe Elementary School
  • Pboe High School

Additional Features

  • Deck
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,390

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 912
  • Year Built: 1954
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 32 to Nordon Ave to Great Plain to colony ct
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Full, Partially Finished
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Open
  • Driveway Type: Asphalt

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: PBOE

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2800
  • Lot Description: On Cul-De-Sac

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 4390
  • Total Assessed Value: 89500
  • Mil Rate Total: 49.060
  • Assessor Parcel Number: 2022742

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Aug 2, 2016
Sold by
Fhlmc
Bought by
Yong Chon and Yong Ngawang Lobsang
Seller's Agent
Pat Reed
Chiarito Real Estate LLC
Buyer's Agent
Frank Busch
Performance Realty Group
List Price
$94,900
Sold Price
$105,000
Premium/Discount to List
$10,100
10.64%
Current Estimated Value
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,000
Avg. Annual Appreciation
10.31%
Original Mortgage
$94,500
Outstanding Balance
$75,951
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,049

Purchase Details

Closed on
Mar 14, 2016
Sold by
Nationstar Mortgage Ll
Bought by
Fhlmc
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
Yong Chon $105,000 --
Yong Chon $105,000 --
Fhlmc -- --
Fhlmc -- --
Nationstar Mortgage Ll -- --
Nationstar Mortgage Ll -- --
Yong Chon $105,000 --
Fhlmc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yong Chon $94,500
Closed Yong Chon $94,500
Previous Owner Moore Willie E $177,821
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $105,000 +10.6% $115 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $94,900 -- $104 / 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 $5,496 $157,900 $65,400 $92,500
2024 $5,250 $157,900 $65,400 $92,500
2023 $3,637 $86,900 $35,400 $51,500
2022 $3,665 $86,900 $35,400 $51,500
2021 $3,680 $86,900 $35,400 $51,500
2020 $3,683 $86,900 $35,400 $51,500
2019 $3,532 $86,900 $35,400 $51,500
2018 $3,711 $89,500 $42,800 $46,700
2017 $3,640 $89,500 $42,800 $46,700
2016 $3,731 $89,500 $42,800 $46,700
2015 $3,704 $89,500 $42,800 $46,700
Source: Public Records

Agents Affiliated with this Home

  • Pat Reed

    Seller's Agent in 2016

    Pat Reed

    Chiarito Real Estate LLC

    (860) 767-1203

    23 Total Sales

    Pat Reed
    Section Image

  • F

    Buyer's Agent in 2016

    Frank Busch

    Performance Realty Group

    Section Image
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Map

Source: SmartMLS

MLS Number: N10137920

SmartMLS

APN: NORW-000122-000003-000068

Connecticut New London County Norwich 06360 East Great Plains

7 Colony Ct, Norwich, CT

This home is located at 7 Colony Ct, Norwich, CT 06360 since 24 May 2016 and is currently estimated at $264,000, approximately $289 per square foot. This property was built in 1954. 7 Colony Ct is a home located in New London County with nearby schools including Thomas W. Mahan Elementary School, Teachers' Memorial Global Studies Magnet Middle, and Wildwood Christian 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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