NOT LISTED FOR SALE

8 Ward St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $267,000 - $283,000

6 Beds
2 Baths
1,975 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $145,000 $73 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,823/month

6 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Attic
  • Porch
  • Zoned Heating

About This Home

As of March 2022

Recently updated 2 family investment property, some new windows installed, recently painted interior and exterior, new electrical service, brand new appliances and kitchen cabinets. Great investment potential with two large 3 bedroom units. Cash or conventional finance, most likely will not pass for Gov. Financing. Great owner-occupied opportunity or buy as an investment and start making profits instantly!

Please NOTE this home is being sold "AS IS"

Last Agent to Sell the Property

Ryan Scott

Sovereign Property Group License #RES.0796592 Listed on: 02/09/2022

Last Buyer's Agent

Frances Rose

RE/MAX One License #RES.0815325

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,483

Year Built

  • Built in 1870

Lot Details

  • 2,614 Sq Ft Lot
  • Sloped Lot

Home Design

  • 1,975 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Masonry

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Shared Driveway
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,483

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1975
  • Public Record Living Room Sq Ft: 1975
  • Total Sq Ft: 1975
  • Year Built: 1870
  • Nearby Amenities: Basketball Court, Commuter Bus, Medical Facilities, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3960
  • Directions: Downtown Norwich Exit off of 395 to Ward Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch, Crawl Space, Storage Space
  • Basement Description: Full With Walk-Out, Unfinished
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Shake, Wood
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, On Street Parking, Off Street Parking
  • Driveway Type: Shared, Paved

Utilities

  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.0600
  • Lot Description: Sloping Lot
  • Zoning: MF

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3483
  • Total Assessed Value: 71600
  • Mil Rate Base: 42.350
  • Mil Rate Tax District: 6.290
  • Mil Rate Total: 48.640
  • Assessor Parcel Number: 2412705

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
Feb 9, 2022
Closed on
Mar 3, 2022
Sold by
Sean Scott Masonry Llc
Bought by
Remy Andy
Seller's Agent
Ryan Scott
Sovereign Property Group
Buyer's Agent
Frances Rose
RE/MAX One
List Price
$129,000
Sold Price
$145,000
Premium/Discount to List
$16,000
12.4%
Current Estimated Value
$257,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,500
Avg. Annual Appreciation
16.81%

Purchase Details

Listed on
Nov 4, 2019
Closed on
Jan 29, 2020
Sold by
Scott Drew A
Bought by
Sean Scott Masonry Llc
Seller's Agent
Nancy Bard
Bard Real Estate, LLC
Buyer's Agent
Sarah Smedick
RE/MAX Right Choice
List Price
$55,000
Sold Price
$55,500
Premium/Discount to List
$500
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.83%

Purchase Details

Listed on
Nov 4, 2019
Closed on
Dec 6, 2019
Sold by
Usa Hud
Bought by
Alden-Scott Drew
Seller's Agent
Nancy Bard
Bard Real Estate, LLC
Buyer's Agent
Sarah Smedick
RE/MAX Right Choice
List Price
$55,000
Sold Price
$55,500
Premium/Discount to List
$500
0.91%

Purchase Details

Closed on
Oct 7, 2019
Sold by
Home Point Financial Corp
Bought by
Usa Hud

Purchase Details

Closed on
Jan 22, 2018
Sold by
Contreras Justo G and Home Point Financial C
Bought by
Home Point Financial C

Purchase Details

Closed on
Nov 18, 2014
Sold by
Contreras Javier
Bought by
Contreras Justo G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,244
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2009
Sold by
Chery Ritha
Bought by
Contreras Justo and Contreras Javis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
5%

Purchase Details

Closed on
Jun 13, 2005
Sold by
Speer Sheri
Bought by
Chery Ritha

Purchase Details

Closed on
Jul 22, 1988
Sold by
Baird Brian R
Bought by
Stopa Thomas

Purchase Details

Closed on
Mar 30, 1988
Sold by
Lyman Albert
Bought by
Baird Brian

Purchase Details

Closed on
Mar 20, 1987
Sold by
Maiello Anthony
Bought by
Lyman Albert A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Remy Andy $145,000 None Available
Remy Andy $145,000 None Available
Remy Andy $145,000 None Available
Sean Scott Masonry Llc -- None Available
Sean Scott Masonry Llc -- None Available
Alden-Scott Drew $55,500 None Available
Scott Alden $55,500 None Available
Alden-Scott Drew $55,500 None Available
Usa Hud -- --
Usa Hud -- --
Home Point Financial C -- --
Home Point Financial C -- --
Home Point Financial C -- --
Contreras Justo G -- --
Contreras Justo G -- --
Contreras Justo $115,000 --
Contreras Justo $115,000 --
Chery Ritha $212,600 --
Chery Ritha $212,600 --
Stopa Thomas $138,000 --
Baird Brian $110,000 --
Lyman Albert A $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Remy Andy $60,000
Previous Owner Lyman Albert A $107,244
Previous Owner Lyman Albert A $112,917
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $145,000 +12.4% $73 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $129,000 +132.4% $65 / Sq Ft
12/11/2019 12/11/19 Sold $55,500 +0.9% $24 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $55,000 -- $24 / 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 $5,043 $124,600 $23,400 $101,200
2024 $4,760 $124,600 $23,400 $101,200
2023 $3,862 $79,400 $16,000 $63,400
2022 $3,743 $77,200 $16,000 $61,200
2021 $3,483 $71,600 $16,000 $55,600
2020 $3,470 $71,600 $16,000 $55,600
2019 $3,436 $71,600 $16,000 $55,600
2018 $3,203 $66,200 $16,000 $50,200
2017 $3,227 $66,200 $16,000 $50,200
2016 $3,248 $66,200 $16,000 $50,200
2015 $3,182 $66,200 $16,000 $50,200
2014 $3,041 $66,200 $16,000 $50,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ryan Scott

    Sovereign Property Group

    (860) 391-3855

    2 in this area

    8 Total Sales

    Section Image

  • F

    Buyer's Agent in 2022

    Frances Rose

    RE/MAX

    Section Image

  • N

    Seller's Agent in 2019

    Nancy Bard

    Bard Real Estate, LLC

    Section Image
  • Sarah Smedick

    Buyer's Agent in 2019

    Sarah Smedick

    RE/MAX

    (860) 913-0182

    12 Total Sales

    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170466272

SmartMLS

APN: NORW-000109-000003-000052

Connecticut New London County Norwich 06360 Central Norwich

8 Ward St, Norwich, CT

This home is located at 8 Ward St, Norwich, CT 06360 since 09 February 2022 and is currently estimated at $275,000, approximately $139 per square foot. This property was built in 1870. 8 Ward St is a home located in New London County with nearby schools including Uncas Elementary School, Teachers' Memorial Global Studies Magnet Middle, and St. Patrick Cathedral 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.

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.

Nearby Homes