NOT LISTED FOR SALE

7 Mckinley Ave Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $249,000 - $291,989

5 Beds
2 Baths
3,653 Sq Ft
$73/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $180,000 $49 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,012/month

22 Days on Market

About This Home

As of August 2023

Welcome to this spacious and charming 2-family home! This lovely property features two separate units, Unit #1 with 3 bedrooms and 1 bathroom, and Unit #2 with 2 bedrooms and 1 bathroom. Both units offer ample space, ensuring that there's plenty of room for everyone. This property also has off street parking. Don't miss your chance to own this amazing property.

Last Agent to Sell the Property

Mary Nasi-Graham

IMT Realty License #REB.0790230 Listed on: 06/02/2023

Last Buyer's Agent

Robert Demarinis

Coldwell Banker Realty License #RES.0802071

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,438

Year Built

  • Built in 1860

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Gable Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding
  • Shingle Siding

Interior Spaces

  • 3,653 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,438

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3653
  • Public Record Living Room Sq Ft: 3653
  • Total Sq Ft: 3653
  • Year Built: 1860
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6500
  • Tax Year Updated Dt: 07/03/2023
  • Directions: GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Unfinished
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Siding: Shingle, Asbestos
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Gable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • 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: 0.1300
  • Lot Description: Not Applicable
  • Zoning: MF

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5438
  • Total Assessed Value: 111800
  • Mil Rate Base: 41.850
  • Mil Rate Tax District: 6.790
  • Mil Rate Total: 48.640
  • Assessor Parcel Number: 2032404

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 16, 2023
Sold by
Emmerts Prop Norwich Llc
Bought by
Durand Transportation Llc
Seller's Agent
Mary Nasi-Graham
IMT Realty
Buyer's Agent
Robert Demarinis
Coldwell Banker Realty
List Price
$160,000
Sold Price
$180,000
Premium/Discount to List
$20,000
12.5%
Views
154
Current Estimated Value
$268,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,247
Avg. Annual Appreciation
21.66%
Original Mortgage
$210,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2019
Sold by
Hermosa Properties Llc
Bought by
Emmert Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2018
Sold by
Broadway Investments L and Norwich City Of
Bought by
Hermosa Properties Llc

Purchase Details

Closed on
Apr 4, 2013
Sold by
Moss Douglas D and Moss Bernadette M
Bought by
Chelsea Groton Bank

Purchase Details

Closed on
Apr 10, 1986
Bought by
Broadway Investments Llc
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
Durand Transportation Llc $180,000 None Available
Durand Transportation Llc $180,000 None Available
Durand Transportation Llc $180,000 None Available
Emmerts Prop Norwich Llc $122,000 None Available
Emmerts Prop Norwich Llc $122,000 None Available
Emmerts Prop Norwich Llc $122,000 None Available
Emmert Justin $65,000 --
Emmert Justin $65,000 --
Hermosa Properties Llc $49,421 --
Hermosa Properties Llc $49,421 --
Hermosa Properties Llc $49,421 --
Chelsea Groton Bank -- --
Chelsea Groton Bank -- --
Broadway Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durand Transportation Llc $210,000
Closed Durand Transportation Llc $210,000
Previous Owner Emmerts Prop Norwich Llc $122,000
Previous Owner Emmert Justin $72,000
Previous Owner Broadway Investments Llc $2,036
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2023 08/16/23 Sold $180,000 -18.2% $49 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $220,000 -8.3% $60 / Sq Ft
06/02/2023 06/02/23 Price Changed $240,000 +50.0% $66 / Sq Ft
06/02/2023 06/02/23 For Sale $160,000 +220.0% $44 / Sq Ft
05/09/2014 05/09/14 Sold $50,000 0.0% $15 / Sq Ft View Prior Sale
04/22/2014 04/22/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $50,000 -- $15 / 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 $7,009 $173,200 $26,300 $146,900
2024 $6,616 $173,200 $26,300 $146,900
2023 $5,438 $111,800 $12,500 $99,300
2022 $5,420 $111,800 $12,500 $99,300
2021 $5,438 $111,800 $12,500 $99,300
2020 $5,419 $111,800 $12,500 $99,300
2019 $5,365 $111,800 $12,500 $99,300
2018 $5,250 $108,500 $14,700 $93,800
2017 $5,288 $108,500 $14,700 $93,800
2016 $5,323 $108,500 $14,700 $93,800
2015 $5,215 $108,500 $14,700 $93,800
2014 $4,882 $106,300 $14,700 $91,600
Source: Public Records

Agents Affiliated with this Home

  • Mary Nasi-Graham

    Seller's Agent in 2023

    Mary Nasi-Graham

    IMT Realty

    (860) 908-6918

    16 in this area

    121 Total Sales

    Mary Nasi-Graham
    Section Image
  • Robert Demarinis

    Buyer's Agent in 2023

    Robert Demarinis

    Coldwell Banker Realty

    (860) 333-7848

    2 in this area

    30 Total Sales

    Robert Demarinis
    Section Image
  • Denise Robillard

    Seller's Agent in 2014

    Denise Robillard

    Continental Realty Associates

    (860) 334-2304

    3 in this area

    89 Total Sales

    Denise Robillard
    Section Image

  • J

    Buyer's Agent in 2014

    John Aronica

    Compass Connecticut, LLC

See All Agents

Map

Source: SmartMLS

MLS Number: 170566555

SmartMLS

APN: NORW-000093-000004-000066

Connecticut New London County Norwich 06360 Central Norwich

7 Mckinley Ave, Norwich, CT

This home is located at 7 Mckinley Ave, Norwich, CT 06360 since 02 June 2023 and is currently estimated at $268,247, approximately $73 per square foot. This property was built in 1860. 7 Mckinley Ave is a home located in New London County with nearby schools including Moriarty Magnet Elementary School, Kelly STEAM Magnet Middle School, and Integrated Day Charter School.

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