NOT LISTED FOR SALE

Estimated Value: $197,000 - $297,000

8 Beds
2 Baths
2,472 Sq Ft
$106/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $121,000 $49 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,896/month

91 Days on Market

Highlights

  • Finished Attic
  • No HOA
  • Wood Siding
  • Attic
  • Level Lot
  • 3-minute walk to Memorial Rose Gardens

About This Home

As of January 2021

Very long term tenants. Upstairs unit has finished attic with an additional 2-3 rooms. Full basemnet Landlord pays the water and sewer bills. Seller has kept the rents low as the tenants have both been renting from her for at least 8 years.

Last Agent to Sell the Property

Martha Poole

Carl Guild & Associates License #RES.0749880 Listed on: 05/08/2020

Last Buyer's Agent

Rob Giuffria, GMS

Tea Leaf Realty License #REB.0791336

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2,472 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Finished Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Schools

  • Norwich Free Academy High School

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,372

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2472
  • Public Record Living Room Sq Ft: 2472
  • Total Sq Ft: 2472
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5028
  • Tax Year Updated Dt: 08/03/2020
  • Directions: gps friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Finished
  • Basement Description: Full
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot, Rolling
  • Zoning: MF8

Multi Family

  • Unit Count: 2
  • Total Multi Family: 14
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4372
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Assessor Parcel Number: 2412925

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
May 8, 2020
Closed on
Dec 21, 2020
Sold by
Lutz Elizabeth M
Bought by
Cusano Dayna
Seller's Agent
Martha Poole
Carl Guild & Associates
Buyer's Agent
Rob Giuffria, GMS
Tea Leaf Realty
List Price
$129,900
Sold Price
$121,000
Premium/Discount to List
-$8,900
-6.85%
Current Estimated Value
$260,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,919
Avg. Annual Appreciation
17.17%
Original Mortgage
$196,181
Outstanding Balance
$174,345
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$86,574

Purchase Details

Closed on
Sep 3, 1997
Sold by
Doherty Stephen R
Bought by
Utz Elizabeth Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cusano Dayna -- None Available
Cusano Dayna -- None Available
Utz Elizabeth Marie $61,000 --
Utz Elizabeth Marie $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cusano Dayna $196,181
Closed Cusano Dayna $196,181
Previous Owner Utz Elizabeth Marie $93,700
Previous Owner Utz Elizabeth Marie $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold $121,000 -6.9% $49 / Sq Ft
11/12/2020 11/12/20 For Sale $129,900 0.0% $53 / Sq Ft
08/29/2020 08/29/20 For Sale $129,900 0.0% $53 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $129,900 -- $53 / 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 $6,265 $154,800 $26,300 $128,500
2024 $5,646 $147,800 $26,300 $121,500
2023 $4,387 $90,200 $18,600 $71,600
2022 $4,373 $90,200 $18,600 $71,600
2021 $4,387 $90,200 $18,600 $71,600
2020 $4,372 $90,200 $18,600 $71,600
2019 $4,329 $90,200 $18,600 $71,600
2018 $4,587 $94,800 $21,900 $72,900
2017 $4,621 $94,800 $21,900 $72,900
2016 $4,651 $94,800 $21,900 $72,900
2015 $4,556 $94,800 $21,900 $72,900
2014 $4,354 $94,800 $21,900 $72,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170293961

SmartMLS

APN: NORW-000085-000002-000073