NOT LISTED FOR SALE

70 Hamilton Ave Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $328,000 - $567,000

7 Beds
3 Baths
2,680 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $245,000 $91 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,783/month

7 Days on Market

Highlights

  • River Front
  • No HOA
  • Baseboard Heating

About This Home

As of October 2021

Great property that was completely gutted and renovated in 2017. Shetucket River frontage with year-round views, hardwood floors, wrap-around porch. Great rental income. Nice house!

Last Agent to Sell the Property

Keltz Harris

Keltz Harris Real Estate License #REB.0788651 Listed on: 07/16/2021

Last Buyer's Agent

Ivy Ong

RE/MAX Heritage License #RES.0794065

RE/MAX Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,365

Year Built

  • Built in 1860

Lot Details

  • 0.29 Acre Lot
  • River Front

Home Design

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

Interior Spaces

  • 2,680 Sq Ft Home
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $37,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,365

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2680
  • Public Record Living Room Sq Ft: 2680
  • Total Sq Ft: 2680
  • Year Built: 1860
  • Property Sub Type: 3 Family
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4418
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Hatchway
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Frontage, River
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2900
  • Lot Description: Water View
  • Zoning: MF

Multi Family

  • Gross Annual Income: 37140
  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5365
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Assessor Parcel Number: 2412098

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
Jul 16, 2021
Closed on
Oct 12, 2021
Sold by
Harris Keltz
Bought by
Garcia Maribel L and Luciano Jesus M
Seller's Agent
Keltz Harris
Keltz Harris Real Estate
Buyer's Agent
Ivy Ong
RE/MAX Heritage
List Price
$229,900
Sold Price
$245,000
Premium/Discount to List
$15,100
6.57%
Current Estimated Value
$395,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,378
Avg. Annual Appreciation
11.86%
Original Mortgage
$236,823
Outstanding Balance
$215,960
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$179,418

Purchase Details

Listed on
Jan 1, 2017
Closed on
Mar 10, 2017
Sold by
Bozrah Properties Llc
Bought by
Harris Keltz
Seller's Agent
Pamela Reeves
Compass Connecticut, LLC
Buyer's Agent
Meredith Beaudreault
Berkshire Hathaway NE Prop.
List Price
$175,000
Sold Price
$178,300
Premium/Discount to List
$3,300
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$174,088
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 29, 2016
Closed on
Jun 7, 2016
Sold by
Eaton Stephen B
Bought by
Bozrah Properties Llc
Seller's Agent
Randy Gallogly
Carl Guild & Associates
Buyer's Agent
Pamela Reeves
Compass Connecticut, LLC
List Price
$78,000
Sold Price
$40,000
Premium/Discount to List
-$38,000
-48.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
633.59%

Purchase Details

Closed on
Aug 25, 1995
Sold by
Eastern Sla
Bought by
Eaton Stephen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 1988
Sold by
Sms Assoc
Bought by
Burkart Jeffrey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Maribel L $245,000 None Available
Garcia Maribel L $245,000 None Available
Harris Keltz $177,300 --
Harris Keltz $177,300 --
Bozrah Properties Llc $40,000 --
Bozrah Properties Llc $40,000 --
Eaton Stephen B $48,000 --
Eaton Stephen B $48,000 --
Burkart Jeffrey $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Maribel L $236,823
Closed Garcia Maribel L $236,823
Previous Owner Harris Keltz $174,088
Previous Owner Burkart Jeffrey $374,500
Previous Owner Burkart Jeffrey $123,000
Previous Owner Burkart Jeffrey $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $245,000 +6.6% $91 / Sq Ft
09/22/2021 09/22/21 For Sale $229,900 -6.2% $86 / Sq Ft
08/31/2021 08/31/21 Off Market $245,000 -- --
07/23/2021 07/23/21 Pending -- -- --
07/16/2021 07/16/21 Price Changed $229,900 -23.3% $86 / Sq Ft
07/16/2021 07/16/21 For Sale $299,900 +68.2% $112 / Sq Ft
03/08/2017 03/08/17 Sold $178,300 +1.9% $68 / Sq Ft View Prior Sale
01/03/2017 01/03/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $175,000 +337.5% $67 / Sq Ft
06/08/2016 06/08/16 Sold $40,000 -48.7% $15 / Sq Ft View Prior Sale
05/09/2016 05/09/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $78,000 -- $30 / 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 $8,835 $218,300 $37,700 $180,600
2024 $8,339 $218,300 $37,700 $180,600
2023 $5,370 $110,400 $18,600 $91,800
2022 $5,352 $110,400 $18,600 $91,800
2021 $5,365 $110,300 $18,500 $91,800
2020 $5,351 $110,400 $18,600 $91,800
2019 $5,298 $110,400 $18,600 $91,800
2018 $4,999 $103,300 $17,400 $85,900
2017 $5,035 $103,300 $17,400 $85,900
2016 $3,856 $78,600 $17,400 $61,200
2015 $3,778 $78,600 $17,400 $61,200
2014 $3,610 $78,600 $17,400 $61,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Keltz Harris

    Keltz Harris Real Estate

  • Ivy Ong

    Buyer's Agent in 2021

    Ivy Ong

    RE/MAX

    (203) 452-7653

    27 in this area

    70 Total Sales

    Ivy Ong
    Section Image

  • P

    Seller's Agent in 2017

    Pamela Reeves

    Compass Connecticut, LLC

    Section Image
  • Meredith Beaudreault

    Buyer's Agent in 2017

    Meredith Beaudreault

    Berkshire Hathaway Home Services

    (860) 377-1500

    6 Total Sales

    Meredith Beaudreault
    Section Image
  • Randy Gallogly

    Seller's Agent in 2016

    Randy Gallogly

    Carl Guild & Associates

    (860) 710-8587

    1 in this area

    24 Total Sales

    Randy Gallogly
    Section Image
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Map

Source: SmartMLS

MLS Number: 170420616

SmartMLS

APN: NORW-000103-000002-000012

Connecticut New London County Norwich 06360 Central Norwich

70 Hamilton Ave, Norwich, CT

Not Listed for Sale

MultiFamily

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