NOT LISTED FOR SALE

760 N Main St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $252,638

1 Bed
2 Baths
2,484 Sq Ft
$102/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $185,000 $74 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,760/month

96 Days on Market

Highlights

  • Finished Attic
  • Central Air
  • Level Lot
  • Attic

About This Home

As of February 2023

LOCATION!LOCATION!!LOCATION! Investors/ Homeowners take notice ! Building for sale! Located on a busy intersection!! Spacious parking lot! New roof! The first floor is currently rented as a convenient store !Newly renovated one bedroom apartment on the 2nd floor ! Separate utilities! Great business opportunities!

Last Agent to Sell the Property

Lai Hing Metzger

Madison Realty New York License #RES.0790464 Listed on: 09/24/2022

Last Buyer's Agent

Yeminis Baez

Kazantzis Real Estate, LLC License #RES.0804146

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,174

Year Built

  • Built in 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • 2,484 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Norwich Free Academy High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,174

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Neighborhood: Greenville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2484
  • Public Record Living Room Sq Ft: 2484
  • Total Sq Ft: 2484
  • Year Built: 1956
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4457
  • Directions: Main St to North Main St
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Finished, Heated
  • Attic: Yes

Exterior Features

  • Exterior Siding: Brick
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Zoning: GC

Multi Family

  • Unit Count: 2
  • Total Multi Family: 4
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8174
  • Mil Rate Base: 42.180
  • Mil Rate Tax District: 6.300
  • Assessor Parcel Number: 2411838

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Feb 21, 2023
Sold by
Guo Wei Q and Yuan Qunmei
Bought by
Spintown Llc
Seller's Agent
Lai Hing Metzger
Madison Realty New York
Buyer's Agent
Yeminis Baez
Kazantzis Real Estate, LLC
List Price
$219,900
Sold Price
$185,000
Premium/Discount to List
-$34,900
-15.87%
Views
53
Current Estimated Value
$252,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,638
Avg. Annual Appreciation
11.96%
Original Mortgage
$143,000
Outstanding Balance
$138,513
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,037

Purchase Details

Closed on
Jan 17, 2008
Sold by
Liz Mah Dev
Bought by
Yuan Qunma and Gua Wei

Purchase Details

Closed on
Nov 10, 2004
Sold by
Blayman Andrew
Bought by
Uz-Mah Dev Ltd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
5.75%
Mortgage Type
Commercial
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
Spintown Llc $185,000 None Available
Spintown Llc $185,000 None Available
Spintown Llc $185,000 None Available
Yuan Qunma $229,000 --
Yuan Qunma $229,000 --
Uz-Mah Dev Ltd Llc $148,000 --
Uz-Mah Dev Ltd Llc $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spintown Llc $143,000
Closed Spintown Llc $143,000
Previous Owner Uz-Mah Dev Ltd Llc $100,000
Previous Owner Uz-Mah Dev Ltd Llc $700,000
Previous Owner Uz-Mah Dev Ltd Llc $111,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2023 02/21/23 Sold $185,000 -15.9% $74 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
09/24/2022 09/24/22 For Sale $219,900 -- $89 / 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 $5,217 $128,900 $36,300 $92,600
2024 $4,924 $128,900 $36,300 $92,600
2023 $8,206 $168,700 $34,900 $133,800
2022 $8,174 $168,600 $34,800 $133,800
2021 $4,484 $168,600 $34,800 $133,800
2020 $4,403 $168,700 $34,900 $133,800
2019 $8,096 $168,700 $34,900 $133,800
2018 $4,279 $127,400 $29,100 $98,300
2017 $5,664 $116,200 $29,100 $87,100
2016 $5,701 $116,200 $29,100 $87,100
2015 $5,585 $116,200 $29,100 $87,100
2014 $5,337 $116,200 $29,100 $87,100
Source: Public Records

Agents Affiliated with this Home

  • Lai Hing Metzger

    Seller's Agent in 2023

    Lai Hing Metzger

    Madison Realty New York

    (860) 235-2625

    26 in this area

    63 Total Sales

    Lai Hing Metzger
    Section Image
  • Yeminis Baez

    Buyer's Agent in 2023

    Yeminis Baez

    Kazantzis Real Estate, LLC

    (860) 514-3769

    10 in this area

    21 Total Sales

    Yeminis Baez
    Section Image
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Map

Source: SmartMLS

MLS Number: 170525685

SmartMLS

APN: NORW-000079-000002-000001

Connecticut New London County Norwich 06360 Central Norwich

760 N Main St, Norwich, CT

Not Listed for Sale

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