NOT LISTED FOR SALE

7 Penobscot St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $192,000 - $228,000

3 Beds
2 Baths
1,030 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $116,000 $113 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,467/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • Property is near public transit
  • 1 Fireplace
  • 1 Car Detached Garage

About This Home

As of November 2020

Looking for a well maintained home that is move in ready? This home is a perfect condo alternative as it offers a very small yard and not a lot to mow. From the moment you open the front door and enter the living room, you see the well maintained wide-board and parquet flooring throughout the first level. The spacious eat-in kitchen opens to the dining area. The separate dining room has extra cabinets. First floor laundry room and main floor full bath is always an added bonus. The upper level boasts 3 bedrooms with berber carpet and full bathroom. One car detached garage with electricity. Seller will leave one window ac unit.

Last Agent to Sell the Property

Melissa Giangrasso

Signature Properties of NewEng License #REB.0788303 Listed on: 08/18/2020

Last Buyer's Agent

Mario Stephens

RE/MAX Legends License #RES.0772837

RE/MAX Legends

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 1860

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned NC

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,030 Sq Ft Home
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated
  • Storm Doors
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Washer
  • Gas Dryer

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Norwich Free Academy High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,782

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1030
  • Public Record Living Room Sq Ft: 1030
  • Total Sq Ft: 1030
  • Year Built: 1860
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Walk to Bus Lines
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1711
  • Tax Year Updated Dt: 08/19/2020
  • Directions: North Main St, left to Main St, left on Talman St Ext, right on Rock St, right on Penobscot St.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Unfinished
  • Appliances: Gas Range, Oven/Range, Refrigerator, Washer, Gas Dryer
  • Laundry Room Location: first floor
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Gutters, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator, Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Norwich Free Academy
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.0500
  • Lot Description: Open Lot, Cleared, Level Lot
  • Flood Zone: No
  • Zoning: NC

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2782
  • Total Assessed Value: 57400
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Mil Rate Total: 48.470
  • Assessor Parcel Number: 2027117

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Oct 23, 2020
Sold by
Morales Carmenza
Bought by
Martinez Pablo and Maldonado Betesda
Seller's Agent
Melissa Giangrasso
Signature Properties of NewEng
Buyer's Agent
Mario Stephens
RE/MAX Legends
List Price
$110,000
Sold Price
$116,000
Premium/Discount to List
$6,000
5.45%
Total Days on Market
4
Current Estimated Value
$205,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,212
Avg. Annual Appreciation
12.36%
Original Mortgage
$113,898
Outstanding Balance
$102,444
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$97,224

Purchase Details

Closed on
Dec 23, 2002
Sold by
Rudne Jack
Bought by
Morazes Carmenza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.16%

Purchase Details

Closed on
May 1, 2002
Sold by
Tetreault Keith A and Tetreault Florence B
Bought by
Rudne Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.13%
Source: Public Records

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Range of Values:

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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
Martinez Pablo $116,000 None Available
Martinez Pablo $116,000 None Available
Morazes Carmenza $85,000 --
Morazes Carmenza $85,000 --
Rudne Jack $72,000 --
Rudne Jack $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Pablo $113,898
Closed Martinez Pablo $113,898
Previous Owner Bishop Laurie $60,000
Previous Owner Bishop Laurie $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $116,000 +5.5% $113 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $110,000 -- $107 / 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
2024 $3,931 $102,900 $22,300 $80,600
2023 $2,879 $59,200 $11,100 $48,100
2022 $2,870 $59,200 $11,100 $48,100
2021 $2,792 $57,400 $11,100 $46,300
2020 $2,782 $57,400 $11,100 $46,300
2019 $2,755 $57,400 $11,100 $46,300
2018 $2,690 $55,600 $10,400 $45,200
2017 $2,710 $55,600 $10,400 $45,200
2016 $2,728 $55,600 $10,400 $45,200
2015 $2,672 $55,600 $10,400 $45,200
2014 $2,554 $55,600 $10,400 $45,200
Source: Public Records

Agents Affiliated with this Home

  • Melissa Giangrasso

    Seller's Agent in 2020

    Melissa Giangrasso

    Signature Properties of NewEng

    (860) 912-7313

    12 in this area

    73 Total Sales

    Melissa Giangrasso
    Section Image
  • Mario Stephens

    Buyer's Agent in 2020

    Mario Stephens

    RE/MAX

    (860) 235-5700

    33 in this area

    126 Total Sales

    Mario Stephens
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170327920

SmartMLS

APN: NORW-000103-000003-000060

Connecticut New London County Norwich 06360 Central Norwich

7 Penobscot St, Norwich, CT

This home is located at 7 Penobscot St, Norwich, CT 06360 since 18 August 2020 and is currently estimated at $205,212, approximately $199 per square foot. This property was built in 1860. 7 Penobscot 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.

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