NOT LISTED FOR SALE

Estimated Value: $183,000 - $192,271

1 Bed
1 Bath
576 Sq Ft
$437/mo HOA Fee

Last Sold February 21, 2020

Last sale price $70,000 $122 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,739/month

61 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • 1 Fireplace
  • Clubhouse
  • Ranch Style House
  • Property is near shops

About This Home

As of February 2020

Fully Furnished One Bedroom Condo. Overlooks Pond. French Glass Doors that separates bedroom and living room. Open Living-Kitchen. First Floor End Unit in Building 8. Great location with easy access to Foxwoods and Mohegan Sun Casinos, Vineyards & Shopping. Great for Investment and or Vacation Home.
Enjoy swimming, tennis, the spa or 18 hole Golf Course. Relax by your fireplace. Just a short distance to Mohegan Sun Casino and Foxwoods Resort and Casino. Quick drive to Historic Mystic and Stonington Borough, Westerly and Watch Hill, RI, Beaches, Sailing and a host of other activities! Just walk to the Spa for a massage, facial or any other relaxing body treatments. Perfect for year round living or vacation enjoyment. Ask about available amenities and pricing at the Spa at Norwich Inn.

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 10/31/2019

William Pitt Sotheby's Int'l

Last Buyer's Agent

Barbara Sullivan

Sullivan Real Estate Group License #REB.0788489

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 1986

HOA Fees

  • $437 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 576 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck

Location

  • Property is near shops

Schools

  • John B. Stanton Elementary School
  • Norwich Free Academy High School

Utilities

  • Central Air
  • Cable TV Available

Community Details

Overview

  • Association fees include club house, grounds maintenance, trash pickup, snow removal, property management, pool service, road maintenance, insurance
  • 160 Units
  • Norwich Inn Villas Community
  • Property managed by Myriad Management

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,040

Year Built

Built in 1986

Lot Details

0

HOA Fees

$437 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 576
  • Public Record Living Room Sq Ft: 576
  • Total Sq Ft: 576
  • Year Built: 1986
  • Nearby Amenities: Health Club, Medical Facilities, Park, Shopping/Mall
  • Association Amenities: Club House, Pool
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 624
  • Tax Year Updated Dt: 08/08/2019
  • Directions: Route 395 to Exit 9...Take Exit 1 . Left at bottom of ramp to Route 32...1.5 Miles entrance on left. 2nd stop sign into Villas.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Cable - Available, Cable - Pre-wired
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Attic: No
  • Street Number Modifier: 814

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard, Wood
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pool Service, Road Maintenance, Insurance
  • Complex Name: Norwich Inn Villas
  • Levels In Unit: 1
  • HOA Fees: 437
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Email: clubatnorwich@gmail.com
  • Property Mgt Company Name: Myriad Management
  • Property Mgt Phone: 860-400-2582

Schools

  • Elementary School: John B. Stanton
  • Middle School: Per Board of Ed
  • High School: Norwich Free Academy

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: PC
  • Property Info: Gated Community

Rental Info

  • Pets Allowed Info: No Pets Allowed
  • Pets Allowed: No

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2040
  • Total Assessed Value: 50200
  • Mil Rate Base: 40.640
  • Mil Rate Total: 40.640
  • Assessor Parcel Number: 2416992

Multi Family

  • Total Num Of Units: 160

MLS Schools

  • Elementary School: John B. Stanton
  • Middle Jr High School: Per Board of Ed
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Feb 20, 2020
Sold by
Awwa Bassam
Bought by
Munro Jennifer L
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Barbara Sullivan
Sullivan Real Estate Group
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%
Current Estimated Value
$189,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,068
Avg. Annual Appreciation
19.19%
Original Mortgage
$56,000
Outstanding Balance
$49,900
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,662

Purchase Details

Closed on
Dec 31, 2003
Sold by
Rovello Linda Stasi
Bought by
Awwa Bassam

Purchase Details

Closed on
Mar 21, 1995
Sold by
Spikerman Stuart
Bought by
Rovello Linda Stasi
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
Munro Jennifer L $70,000 None Available
Munro Jennifer L $70,000 None Available
Awwa Bassam $80,000 --
Awwa Bassam $80,000 --
Rovello Linda Stasi $110,000 --
Rovello Linda Stasi $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munro Jennifer L $56,000
Closed Munro Jennifer L $56,000
Previous Owner Rovello Linda Stasi $870,000
Previous Owner Rovello Linda Stasi $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $70,000 -6.5% $122 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $74,900 0.0% $130 / Sq Ft
08/13/2018 08/13/18 Rented $1,300 0.0% --
10/06/2017 10/06/17 For Rent $1,300 +30.7% --
03/02/2017 03/02/17 Rented $995 -9.5% --
02/10/2017 02/10/17 For Rent $1,100 -- --
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 $3,091 $88,800 $0 $88,800
2024 $2,953 $88,800 $0 $88,800
2023 $2,101 $50,200 $0 $50,200
2022 $2,117 $50,200 $0 $50,200
2021 $2,126 $50,200 $0 $50,200
2020 $2,127 $50,200 $0 $50,200
2019 $2,040 $50,200 $0 $50,200
2018 $1,700 $41,000 $0 $41,000
2017 $1,667 $41,000 $0 $41,000
2016 $1,697 $40,700 $0 $40,700
2015 $1,685 $40,700 $0 $40,700
2014 $1,589 $40,700 $0 $40,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170224344

SmartMLS

APN: NORW-000129-000001-000004-000814