NOT LISTED FOR SALE

Estimated Value: $181,000 - $197,602

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

Last Sold March 23, 2023

Last sale price $148,000 $257 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,697/month

3 Days on Market

Highlights

  • Pool House
  • Open Floorplan
  • Ranch Style House
  • Golf Course View
  • Clubhouse
  • Partially Wooded Lot

About This Home

As of March 2023

Investors: take notice of this turnkey opportunity. Sofas to soaps. Resort style amenities abound at The Villas at Norwich Inn & Spa. In 2022, this short-term rental unit called “Fairway Villa” earned 53 5-star reviews on Airbnb. Your guests will enjoy a relaxing getaway in this peaceful and centrally located studio condo. This Villa offers a unique resort style experience with a short walk to the Spa at Norwich Inn, views of the Norwich Golf Course & is just a mile from Mohegan Sun Casino. Scenic Mystic, Foxwoods Casino and Ocean Beach are each less than a 25-minute drive. This location cannot be beat! This Villa is located directly across from the renovated Clubhouse #1, featuring a seasonal saltwater, heated pool, year-round hot tub & gym. The Villa’s deck overlooks the 16th fairway of Norwich Golf Course so guests can watch golfers while sipping their morning coffee. Where else in SECT will you find an opportunity like this?
Want this resort lifestyle for yourself instead? You just bring your swimsuit and golf clubs. This 1st floor 1 bed, 1 bath condo is fully furnished, has luxury vinyl tile floors & a galley kitchen. Enjoy the walking trail on manicured grounds with 12+ acres featuring arched bridges, a charming gazebo & spring-fed ponds. Amenities also include a 2nd saltwater swimming pool & laundry facility in Clubhouse #2. It’s a perfect place to call home or your vacation getaway investment. Condo fees include all amenities, heat pump & building exterior.

Last Agent to Sell the Property

Barbara Sullivan

Sullivan Real Estate Group License #REB.0788489 Listed on: 02/27/2023

Last Buyer's Agent

Barbara Sullivan

Sullivan Real Estate Group License #REB.0788489 Listed on: 02/27/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,117

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • Cul-De-Sac
  • Partially Wooded Lot

HOA Fees

  • $437 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 576 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Golf Course Views
  • Smart Thermostat

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Paved Parking
  • Guest Parking
  • Visitor Parking
  • Parking Lot
  • Off-Street Parking

Pool

  • Pool House
  • Heated In Ground Pool
  • Spa
  • Saltwater Pool

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near a golf course

Community Details

Overview

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

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Exercise Course
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,117

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: Golf Course, Health Club, Putting Green
  • Association Amenities: Club House, Exercise Room/Health Club, Guest Parking, Pool
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Boats
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 624
  • Condo Model Name: Country Suite
  • Directions: GPS - use 607 West Thames St, Norwich...left into (right of way) to Spa at Norwich Inn - 2nd stop sign take a right - pass 2 bldgs on right and smaller mail house on right - clubhouse on left - take a left into cul-de-sac - 1st bldg on right..911
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator
  • Laundry Room Location: coin or credit card operated
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 911

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Clapboard, Wood
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Spa, Heated, Salt Water
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking, Parking Lot
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Heat Pump
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • 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, Pest Control, Pool Service, Road Maintenance, Insurance
  • Complex Name: The Villas at the Norwich Inn
  • Levels In Unit: 1
  • HOA Fees: 437
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-on Site
  • Property Manager Email: clubatnorwich@gmail.com
  • Property Manager Name: Sandy Pimental and Joe Brennan
  • Property Manager Phone: 860-400-2582
  • Property Mgt Company Name: Myriad Property Mgt
  • Property Mgt Phone: 860-400-2582

Schools

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

Lot Info

  • Lot Description: On Cul-De-Sac, Golf Course View, Lightly Wooded
  • Zoning: PC

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2117
  • Total Assessed Value: 50200
  • Mil Rate Base: 42.180
  • Mil Rate Total: 42.180
  • Assessor Parcel Number: 2020342

Multi Family

  • Total Num Of Units: 160

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Mar 15, 2023
Sold by
Nickerson Thomas
Bought by
Landry Brenda L and Landry Richard J
Seller's Agent
Barbara Sullivan
Sullivan Real Estate Group
Buyer's Agent
Barbara Sullivan
Sullivan Real Estate Group
List Price
$152,900
Sold Price
$148,000
Premium/Discount to List
-$4,900
-3.2%
Views
29
Current Estimated Value
$183,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,116
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Oct 14, 2020
Sold by
Grazio Irene
Bought by
Nickerson Thomas

Purchase Details

Closed on
Aug 27, 2020
Sold by
Mitilda A Muzzi Ret
Bought by
Grazio Irene

Purchase Details

Closed on
Mar 2, 2001
Sold by
Est Paganelli Lucy and Paganelli Lorraine
Bought by
Muzzi Matilda A
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
Landry Brenda L $148,000 None Available
Landry Brenda L $148,000 None Available
Nickerson Thomas $81,500 None Available
Nickerson Thomas $81,500 None Available
Grazio Irene -- None Available
Grazio Irene -- None Available
Muzzi Matilda A $70,000 --
Muzzi Matilda A $70,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $148,000 -3.2% $257 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $152,900 -- $265 / 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 $3,091 $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: 170552781

SmartMLS

APN: NORW-000129-000001-000004-000911