NOT LISTED FOR SALE

Estimated Value: $157,000 - $269,000

2 Beds
2 Baths
1,260 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $98,000 $78 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,454/month

16 Days on Market

Highlights

  • Deck
  • No HOA
  • Public Transportation
  • Property is near public transit
  • Thermal Windows
  • Baseboard Heating

About This Home

As of October 2020

Easy to maintain 2 family property. 1 bedroom, 1 bath each unit. 1st floor is leased, 2nd floor is vacant and ready for owner or tenant. No work to do here, just move in or rent the 2nd unit. Backyard offers some privacy and nice deck area. 2nd floor and basement only on 1st showings. 1st floor will be shown upon 2nd showing request to serious pre-approved buyers.

Last Agent to Sell the Property

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 07/26/2020

RE/MAX on the Bay

Last Buyer's Agent

Jarrad Horsley

RE/MAX One License #RES.0814527

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,015

Year Built

  • Built in 1880

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • Thermal Windows
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Norwich Free Academy High School

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric 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

$3,015

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1260
  • Public Record Living Room Sq Ft: 1260
  • Total Sq Ft: 1260
  • Year Built: 1880
  • Nearby Amenities: Library, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1440
  • Tax Year Updated Dt: 08/03/2020
  • Directions: RT 82 to Mechanic St, right onto Spring St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Partial With Hatchway
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: No
  • Street Number Modifier: 91

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Dirt

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: MF5

Multi Family

  • Unit Count: 2
  • Total Multi Family: 6
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3015
  • Total Assessed Value: 62200
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Mil Rate Total: 48.470
  • Assessor Parcel Number: 2020860

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
Jul 26, 2020
Closed on
Oct 1, 2020
Sold by
Dlp Properties Llc
Bought by
Rhinehart Joshua
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
Jarrad Horsley
RE/MAX One
List Price
$99,900
Sold Price
$98,000
Premium/Discount to List
-$1,900
-1.9%
Current Estimated Value
$211,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,913
Avg. Annual Appreciation
15.45%
Original Mortgage
$83,300
Outstanding Balance
$74,425
Interest Rate
2.9%
Mortgage Type
Balloon
Estimated Equity
$126,588

Purchase Details

Closed on
Jan 6, 2010
Sold by
Peabody David and Peabody Lisa
Bought by
Dlr Properties Llc

Purchase Details

Closed on
Sep 14, 2004
Sold by
Frantz Kelly
Bought by
Peabody David and Peabody Lisa

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
6.08%
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
Rhinehart Joshua $98,000 None Available
Rhinehart Joshua $98,000 None Available
Dlr Properties Llc -- --
Dlr Properties Llc -- --
Peabody David $125,000 --
Peabody David $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peabody David $100,000
Previous Owner Peabody David $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $98,000 -1.9% $78 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $99,900 +1.9% $79 / Sq Ft
08/08/2020 08/08/20 Off Market $98,000 -- --
07/26/2020 07/26/20 For Sale $99,900 -- $79 / 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 $3,970 $98,100 $29,700 $68,400
2024 $3,747 $98,100 $29,700 $68,400
2023 $3,025 $62,200 $20,200 $42,000
2022 $3,015 $62,200 $20,200 $42,000
2021 $3,025 $62,200 $20,200 $42,000
2020 $3,015 $62,200 $20,200 $42,000
2019 $2,985 $62,200 $20,200 $42,000
2018 $3,431 $70,900 $20,200 $50,700
2017 $3,456 $70,900 $20,200 $50,700
2016 $3,478 $70,900 $20,200 $50,700
2015 $3,407 $70,900 $20,200 $50,700
2014 $3,256 $70,900 $20,200 $50,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170319438

SmartMLS

APN: NORW-000109-000002-000015