NOT LISTED FOR SALE

8 Phillips Ave Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $204,000 - $278,000

4 Beds
1.5 Baths
1,381 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $55,000 $40 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $1,667/month

4 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Heating System Uses Steam
  • Attic

About This Home

As of June 2022

3 Bed 1.5 bath home in a dead end street. The home is in need of a complete overhaul. The extent of damage is unknown to seller. The property is in an estate and no repairs to be made by seller. The property is not currently livable.

Last Agent to Sell the Property

Justin Bradley

Coldwell Banker Realty License #RES.0805726 Listed on: 04/05/2022

Coldwell Banker Realty

Last Buyer's Agent

Stephanie Rush

RE/MAX Legends License #REB.0975065

RE/MAX Legends

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,986

Year Built

  • Built in 1890

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned R20

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,381 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • No Hot Water

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,986

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1381
  • Public Record Living Room Sq Ft: 1381
  • Total Sq Ft: 1381
  • Year Built: 1890
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2323
  • Directions: Laurel hill to sunnyside ave quick right onto phillips
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Siding: Shingle
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: No Hot Water
  • 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
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.1400
  • Lot Description: N/A
  • Zoning: R20

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 2986
  • Total Assessed Value: 61400
  • Mil Rate Base: 42.350
  • Mil Rate Tax District: 6.290
  • Mil Rate Total: 48.640
  • Assessor Parcel Number: 2029019

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
Apr 5, 2022
Closed on
Jun 16, 2022
Sold by
Cagle Henry A Est and Cagle
Bought by
Rhodes Marc
Seller's Agent
Justin Bradley
Coldwell Banker Realty
Buyer's Agent
Stephanie Rush
RE/MAX Legends
List Price
$39,900
Sold Price
$55,000
Premium/Discount to List
$15,100
37.84%
Current Estimated Value
$250,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,431
Avg. Annual Appreciation
58.30%

Purchase Details

Closed on
Oct 13, 1998
Sold by
Meyers & Bailey Inv Co
Bought by
Cagle Michael N and Cagle Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.5%
Source: Public Records

Range of Values:

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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
Rhodes Marc $55,000 None Available
Rhodes Marc -- None Available
Cagle Michael N $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cagle Michael N $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2022 06/22/22 Sold $55,000 +37.8% $40 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $39,900 -- $29 / 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 $4,071 $100,600 $35,600 $65,000
2024 $3,843 $100,600 $35,600 $65,000
2023 $2,986 $61,400 $22,100 $39,300
2022 $2,977 $61,400 $22,100 $39,300
2021 $2,986 $61,400 $22,100 $39,300
2020 $2,976 $61,400 $22,100 $39,300
2019 $2,947 $61,400 $22,100 $39,300
2018 $2,710 $56,000 $18,100 $37,900
2017 $2,729 $56,000 $18,100 $37,900
2016 $2,747 $56,000 $18,100 $37,900
2015 $2,691 $56,000 $18,100 $37,900
2014 $2,572 $56,000 $18,100 $37,900
Source: Public Records

Agents Affiliated with this Home

  • Justin Bradley

    Seller's Agent in 2022

    Justin Bradley

    Coldwell Banker Realty

    (860) 961-1846

    2 in this area

    115 Total Sales

    Justin Bradley
    Section Image
  • Stephanie Rush

    Buyer's Agent in 2022

    Stephanie Rush

    RE/MAX

    (860) 449-2699

    17 in this area

    191 Total Sales

    Stephanie Rush
    Section Image
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Map

Source: SmartMLS

MLS Number: 170479596

SmartMLS

APN: NORW-000118-000003-000077

Connecticut New London County Norwich 06360 Central Norwich

8 Phillips Ave, Norwich, CT

This home is located at 8 Phillips Ave, Norwich, CT 06360 since 05 April 2022 and is currently estimated at $250,431, approximately $181 per square foot. This property was built in 1890. 8 Phillips Ave 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.

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.

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