NOT LISTED FOR SALE

Cove View Condominiums 586 W Thames St Unit 203 Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $289,000 - $323,000

2 Beds
2 Baths
1,440 Sq Ft
$473/mo HOA Fee

Last Sold April 25, 2024

Last sale price $270,000 $188 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,620/month

6 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Thermal Windows
  • Ranch Style House
  • Exercise Course
  • Intercom

About This Home

As of April 2024

Welcome to Cove View Towers Luxury Condominiums in Norwich, Connecticut! This stunning condo offers two bedrooms, two full baths, and a range of luxurious amenities. Step out onto the balcony and soak in the breathtaking views overlooking the Thames River and Mohegan Sun. The upscale living experience is evident throughout the condo, with beautiful workmanship and high-end finishes. Inside, you'll find stainless steel appliances, granite countertops, and a cozy gas log fireplace. Stay comfortable year-round with central air and take advantage of the convenience of a laundry closet within the unit and a walk in pantry! Safety and security are a top priority with a secured entrance and 24-hour surveillance on every floor. Residents have access to a gym, movie room, oversized community entertainment room and a covered carport. The beautiful stone structure of the building adds to the charm and appeal of this exceptional condo. Don't miss out on this opportunity to live in luxury at Cove View Towers Luxury Condominiums!

Last Agent to Sell the Property

Krystal Davis

RE/MAX One License #RES.0802976 Listed on: 03/09/2024

RE/MAX One

Last Buyer's Agent

Amy Jo Fitzgerald

Yellowbrick Real Estate LLC License #RES.0814348

Yellowbrick Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,528

Year Built

  • Built in 2003

HOA Fees

  • $473 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Stone Frame
  • Frame Construction
  • Concrete Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 1,440 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Intercom

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Guest Parking
  • Visitor Parking

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Norwich Free Academy High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2474384

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management
  • 40 Units
  • Mid-Rise Condominium
  • Property managed by Capital Property Group

Amenities

  • Public Transportation
  • Elevator

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,528

Year Built

Built in 2003

Lot Details

0

HOA Fees

$473 per month

Listing Details

  • Neighborhood: Trading Cove
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch, Mid Rise
  • Sq Ft Est Heated Above Grade: 1440
  • Total Sq Ft: 1440
  • Year Built: 2003
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Association Amenities: Elevator, Exercise Room/Health Club, Guest Parking, Security Services
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Directions: Across the street from Norwich Inn and Spa
  • Financing Used: Other
  • Living Area Sq Ft Per Public Record: 1440
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: None
  • Interior Amenities: Cable - Pre-wired, Elevator, Intercom
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: In the unit
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 586

Exterior Features

  • Exterior Siding: Stone
  • Swimming Pool: No
  • Construction Description: Frame, Stone, Concrete

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Carport

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management
  • Levels In Unit: 1
  • HOA Fees: 473
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Capital Property Group
  • Property Mgt Phone: (860) 319-0055
  • Total Number of Units In Complex: Cove View Towers

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Zoning: MF
  • Parcel #: 2474384

Rental Info

  • Pets Allowed Info: Some restrictions
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 40

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4528
  • Total Assessed Value: 108200
  • Mil Rate Total: 41.85

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
Mar 9, 2024
Closed on
Apr 25, 2024
Sold by
Mccreary Justin
Bought by
Gonzalez Elena
Seller's Agent
Krystal Davis
RE/MAX One
Buyer's Agent
Amy Jo Fitzgerald
Yellowbrick Real Estate LLC
List Price
$259,000
Sold Price
$270,000
Premium/Discount to List
$11,000
4.25%
Views
129
Current Estimated Value
$303,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,386
Avg. Annual Appreciation
10.03%
Original Mortgage
$261,900
Outstanding Balance
$258,619
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$44,767

Purchase Details

Listed on
Oct 1, 2020
Closed on
Dec 15, 2020
Sold by
Dalmolin Elaine F
Bought by
Mccreary Justin
Seller's Agent
John Pizzi
Compass Connecticut, LLC
Buyer's Agent
Krystal Davis
RE/MAX One
List Price
$159,900
Sold Price
$156,000
Premium/Discount to List
-$3,900
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.73%
Original Mortgage
$151,320
Interest Rate
2.7%
Mortgage Type
Balloon

Purchase Details

Listed on
May 20, 2014
Closed on
Aug 19, 2014
Sold by
Ann T Kempner T
Bought by
Dalmolin Elaine F
Seller's Agent
Barbara Sullivan
Sullivan Real Estate Group
Buyer's Agent
John Pizzi
Compass Connecticut, LLC
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%

Purchase Details

Closed on
Apr 20, 2004
Sold by
Cove View Condo Assoc
Bought by
Kemper Ann and Kemper Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Interest Rate
5.58%
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
Gonzalez Elena $270,000 None Available
Gonzalez Elena $270,000 None Available
Gonzalez Elena $270,000 None Available
Mccreary Justin -- None Available
Mccreary Justin -- None Available
Mccreary Justin -- None Available
Dalmolin Elaine F $145,000 --
Dalmolin Elaine F $145,000 --
Kemper Ann $240,954 --
Kemper Ann $240,954 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Elena $261,900
Closed Gonzalez Elena $261,900
Previous Owner Mccreary Justin $151,320
Previous Owner Mccreary Justin $151,320
Previous Owner Kemper Ann $174,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $270,000 +4.2% $188 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $259,000 +66.0% $180 / Sq Ft
12/16/2020 12/16/20 Sold $156,000 -2.4% $108 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $159,900 +10.3% $111 / Sq Ft
08/18/2014 08/18/14 Sold $145,000 -2.7% $104 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $149,000 -- $106 / 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
2024 $5,666 $170,400 $0 $170,400
2023 $4,528 $108,200 $0 $108,200
2022 $4,564 $108,200 $0 $108,200
2021 $4,582 $108,200 $0 $108,200
2020 $4,602 $108,600 $0 $108,600
2019 $4,414 $108,600 $0 $108,600
2018 $4,158 $100,300 $0 $100,300
2017 $4,079 $100,300 $0 $100,300
2016 $4,182 $100,300 $0 $100,300
2015 $4,151 $100,300 $0 $100,300
2014 $3,916 $100,300 $0 $100,300
Source: Public Records

Agents Affiliated with this Home

  • Krystal Davis

    Seller's Agent in 2024

    Krystal Davis

    RE/MAX

    (860) 701-8549

    5 in this area

    93 Total Sales

    Krystal Davis
    Section Image
  • Amy Jo Fitzgerald

    Buyer's Agent in 2024

    Amy Jo Fitzgerald

    Yellowbrick Real Estate LLC

    (203) 619-2299

    1 in this area

    129 Total Sales

    Amy Jo Fitzgerald
    Section Image

  • J

    Seller's Agent in 2020

    John Pizzi

    Compass Connecticut, LLC

    Section Image
  • Barbara Sullivan

    Seller's Agent in 2014

    Barbara Sullivan

    Sullivan Real Estate Group

    (860) 608-5336

    57 in this area

    76 Total Sales

    Barbara Sullivan
    Section Image
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About Cove View Condominiums

Map

Source: SmartMLS

MLS Number: 24002582

SmartMLS

APN: NORW-000129-000001-000023-000203

Connecticut New London County Norwich 06360 East Great Plains

586 W Thames St Unit 203, Norwich, CT

This home is located at 586 W Thames St Unit 203, Norwich, CT 06360 since 09 March 2024 and is currently estimated at $303,386, approximately $210 per square foot. This property was built in 2003. 586 W Thames St Unit 203 is a home located in New London County with nearby schools including Thomas W. Mahan Elementary School, Teachers' Memorial Global Studies Magnet Middle, and Mayflower Montessori 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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