NOT LISTED FOR SALE

7 James St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $243,000 - $322,000

4 Beds
2.5 Baths
1,296 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $114,500 $88 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,167/month

84 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Cul-De-Sac
  • Deck
  • Thermal Windows
  • Baseboard Heating

About This Home

As of March 2016

REO property being sold as is, The attractive cape style home has been freshly updated with paint and carpets, shows nicely. Level back yard, spacious deck, partially finished lower level with bath. Seller may contribute up to 3% towards owner occupied buyers closing costs and may pay up to $500 towards home warranty plan of buyers choice.

Last Agent to Sell the Property

Pat Reed

Chiarito Real Estate LLC License #RES.0525136 Listed on: 11/20/2015

Last Buyer's Agent

Kathy Rickey

Signature Properties of NewEng License #RES.0573859

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,751

Year Built

  • Built in 1990

Lot Details

  • 0.4 Acre Lot
  • Cul-De-Sac

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • Thermal Windows
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Parking Deck
  • Driveway
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,751

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 1296
  • Year Built: 1990
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Hamilton Ave to Smith to Whittington to James, last house on right
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • 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: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • 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: 0.4000
  • Lot Description: On Cul-De-Sac

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 3751
  • Total Assessed Value: 91700
  • Mil Rate Total: 40.900
  • Assessor Parcel Number: 2022428

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2015
Closed on
Mar 29, 2016
Sold by
Fnma
Bought by
Bonomi Casey C
Seller's Agent
Pat Reed
Chiarito Real Estate LLC
Buyer's Agent
Kathy Rickey
Signature Properties of NewEng
List Price
$139,900
Sold Price
$114,500
Premium/Discount to List
-$25,400
-18.16%
Current Estimated Value
$297,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,063
Avg. Annual Appreciation
10.48%
Original Mortgage
$112,425
Outstanding Balance
$89,227
Interest Rate
3.65%
Mortgage Type
FHA
Estimated Equity
$208,336

Purchase Details

Closed on
Sep 3, 2015
Sold by
Cardona Carmen J
Bought by
Fhlmc

Purchase Details

Closed on
Feb 13, 2002
Sold by
Clark Richard K and Clark Cherie A
Bought by
Cardona Carmen J

Purchase Details

Closed on
Jun 26, 1996
Sold by
Nichols David E
Bought by
Clark Richard K and Clark Cherie A

Purchase Details

Closed on
Mar 14, 1996
Sold by
Clark Richard K and Clark Cherie A
Bought by
Dave Nichols Constr
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
Bonomi Casey C $114,500 --
Bonomi Casey C $114,500 --
Fhlmc $182,301 --
Fhlmc $182,301 --
Cardona Carmen J $133,000 --
Cardona Carmen J $133,000 --
Clark Richard K $96,600 --
Clark Richard K $96,600 --
Dave Nichols Constr $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonomi Casey C $112,425
Closed Bonomi Casey C $112,425
Previous Owner Dave Nichols Constr $181,000
Previous Owner Dave Nichols Constr $178,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2016 03/28/16 Sold $114,500 -18.2% $88 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $139,900 -- $108 / 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 $7,127 $176,100 $44,500 $131,600
2024 $6,727 $176,100 $44,500 $131,600
2023 $5,097 $104,800 $22,100 $82,700
2022 $5,081 $104,800 $22,100 $82,700
2021 $5,097 $104,800 $22,100 $82,700
2020 $5,080 $104,800 $22,100 $82,700
2019 $5,029 $104,800 $22,100 $82,700
2018 $4,655 $96,200 $20,800 $75,400
2017 $4,689 $96,200 $20,800 $75,400
2016 $4,720 $96,200 $20,800 $75,400
2015 $4,407 $91,700 $20,800 $70,900
2014 $4,212 $91,700 $20,800 $70,900
Source: Public Records

Agents Affiliated with this Home

  • Pat Reed

    Seller's Agent in 2016

    Pat Reed

    Chiarito Real Estate LLC

    (860) 767-1203

    22 Total Sales

    Pat Reed
    Section Image
  • Kathy Rickey

    Buyer's Agent in 2016

    Kathy Rickey

    Signature Properties of NewEng

    (860) 617-1679

    1 in this area

    30 Total Sales

    Kathy Rickey
    Section Image
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Map

Source: SmartMLS

MLS Number: N10095217

SmartMLS

APN: NORW-000087-000003-000026

Connecticut New London County Norwich 06360 Central Norwich

7 James St, Norwich, CT

This home is located at 7 James St, Norwich, CT 06360 since 20 November 2015 and is currently estimated at $297,563, approximately $229 per square foot. This property was built in 1990. 7 James St 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.

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.

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