NOT LISTED FOR SALE

73 W Town St Norwich, CT 06360

Yantic Neighborhood

Estimated Value: $322,000 - $409,000

4 Beds
2 Baths
2,529 Sq Ft
$141/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $227,000 $90 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,565/month

13 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • 1 Car Detached Garage
  • Attic
  • No HOA
  • Thermal Windows

About This Home

As of February 2021

Set back on West Town Street sits this unique newly listed 2 family home plus commercial garage. Fully rented and filled with lots of updates (see buyer's packet for details). Central AC, both units have their own laundry hookups, great parking for tenants and guests, ample yard space, 1st floor has large living area w/gas fireplace, sunroom (w/a non-working fireplace), 2nd floor unit has its own deck and outdoor storage closet. Both tenants willing to stay with sale, first floor tenant has been long term. All utilities are separate except water/sewer, seller to lease back commercial garage for minimum 1 year from new owner. Very well maintained property, commercial garage is practically new! Great income generator!

Last Agent to Sell the Property

Paula Turley

CR Premier Properties License #REB.0794370 Listed on: 11/28/2020

Last Buyer's Agent

Debra Prevost

Kazantzis Real Estate, LLC License #RES.0802787

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,734

Year Built

  • Built in 1790

Lot Details

  • 0.6 Acre Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,529 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Thermal Windows
  • Concrete Flooring
  • Walkup Attic
  • Storm Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near shops

Schools

  • Samuel Huntington Elementary School
  • Kelly Middle School
  • Norwich Free Academy High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,734

Year Built

Built in 1790

Lot Details

0

Listing Details

  • Neighborhood: Norwichtown
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2529
  • Public Record Living Room Sq Ft: 2529
  • Total Sq Ft: 2529
  • Year Built: 1790
  • Nearby Amenities: Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall
  • Remarks Public Addendum: Please note owner runs a business out of commercial garage and wishes to rent back for at least one year. Fully rented and needs ample notice for showings. Request through show assist. 48 hour notice minimum. Showassist has times blocked off that are not
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5300
  • Directions: West Town Street in Norwichtown across from Samuel Huntington School
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor, Interior Access, Storage
  • Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer Some Units
  • Attic: Yes
  • Street Number Modifier: 73

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Porch-Enclosed, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 130

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Samuel Huntington
  • Middle School: Kelly
  • High School: Norwich Free Academy

Green Features

  • Energy Features: Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.6000
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R20

Multi Family

  • Gross Annual Income: 2300
  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5734
  • Total Assessed Value: 135300
  • Mil Rate Base: 42.380
  • Mil Rate Total: 42.380
  • Assessor Parcel Number: 2417315

MLS Schools

  • Elementary School: Samuel Huntington
  • Middle Jr High School: Kelly
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
Feb 1, 2021
Sold by
Backyard Rentals Llc
Bought by
Hartley Daniel J and Hartley Jennifer
Seller's Agent
Paula Turley
CR Premier Properties
Buyer's Agent
Debra Prevost
Kazantzis Real Estate, LLC
List Price
$230,000
Sold Price
$227,000
Premium/Discount to List
-$3,000
-1.3%
Current Estimated Value
$357,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,187
Avg. Annual Appreciation
11.45%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Szymanski Corey
Bought by
Backyard Rentals Llc

Purchase Details

Closed on
Jul 15, 2016
Sold by
Thompson John D
Bought by
Backyard Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.66%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Hartley Daniel J $227,000 None Available
Hartley Daniel J $227,000 None Available
Backyard Rentals Llc -- --
Backyard Rentals Llc -- --
Szymanski Corey -- --
Szymanski Corey -- --
Backyard Rentals Llc -- --
Backyard Rentals Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartley Daniel J $178,500
Previous Owner Backyard Rentals Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $227,000 -1.3% $90 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/28/2020 11/28/20 For Sale $230,000 -- $91 / 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 $8,031 $230,700 $36,600 $194,100
2024 $7,671 $230,700 $36,600 $194,100
2023 $5,662 $135,300 $25,600 $109,700
2022 $5,707 $135,300 $25,600 $109,700
2021 $5,730 $135,300 $25,600 $109,700
2020 $5,734 $135,300 $25,600 $109,700
2019 $5,499 $135,300 $25,600 $109,700
2018 $5,680 $137,000 $30,100 $106,900
2017 $4,897 $120,400 $29,300 $91,100
2016 $5,641 $135,300 $29,300 $106,000
2015 $5,600 $135,300 $29,300 $106,000
2014 $5,282 $135,300 $29,300 $106,000
Source: Public Records

Agents Affiliated with this Home

  • Paula Turley

    Seller's Agent in 2021

    Paula Turley

    CR Premier Properties

    (860) 884-2631

    3 in this area

    141 Total Sales

    Paula Turley
    Section Image

  • D

    Buyer's Agent in 2021

    Debra Prevost

    Kazantzis Real Estate, LLC

    Section Image
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Map

Source: SmartMLS

MLS Number: 170357655

SmartMLS

APN: NORW-000067-000002-000006

Connecticut New London County Norwich 06360 Yantic

73 W Town St, Norwich, CT

This home is located at 73 W Town St, Norwich, CT 06360 since 28 November 2020 and is currently estimated at $357,187, approximately $141 per square foot. This property was built in 1790. 73 W Town St is a home located in New London County with nearby schools including Samuel Huntington Elementary School, Kelly STEAM Magnet Middle School, and Stoneview Children's University.

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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