Cove View Condominiums 586 W Thames St Unit 605 Norwich, CT 06360
East Great Plains Neighborhood
2
Beds
2.5
Baths
1,700
Sq Ft
$577/mo
HOA Fee
Highlights
- Waterfront
- Deck
- Exercise Course
- Open Floorplan
- Property is near public transit
- Balcony
About This Home
As of January 2025Nestled between Boston & NYC, 20 minutes from Mystic, & just 1 mile from Mohegan Sun Casino providing entertainment & 38 dining options, and across from the luxurious Norwich Inn & Spa, this penthouse features spectacular day & night tidal water views! A great value for the CT. shoreline. Effectively brand new, the original owner bought this penthouse in March of this yr brand new from the developer for weekend use as a 2nd home. The owner upgraded the builder grade appliances to premium models, added custom motorized solar shades & blinds, & custom-built closet systems. Professionally decorated w/ premium furnishings, two work-from-home areas (1 on each level) and two king bed ensuites, furnishings may be avail. from the owner separately. Incredibly serene & secure, this iconic granite building provides elevator service as well as on-site amenities of community, media, & exercise rms. Common ground terrace w/ lounge seating, gas grill, and fire pit, making entertainment easy. Planning a gathering? Reserve the community rm. This unit conveys w/ an INSIDE PENTHOUSE GARAGE SPACE, as well as outside parking for add'tl cars. (independent tax obligation of $349 annually for the garage). Generous & open flr plan (see pictures) w/ 9' ceilings throughout and a natural gas FP. Direct balcony access from main flr living area. Perfect spot to watch the stars at night. Immediate occupancy & luxury living awaits in this truly one-of-a-kind custom inner "end-unit" high above the cove.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,244
Year Built
- Built in 2003
Lot Details
- Waterfront
- Stone Wall
HOA Fees
- $577 Monthly HOA Fees
Home Design
- Frame Construction
- Stone Siding
Interior Spaces
- 1,700 Sq Ft Home
- Open Floorplan
- Self Contained Fireplace Unit Or Insert
- Thermal Windows
- Entrance Foyer
Kitchen
- Electric Range
- Range Hood
- Microwave
- Dishwasher
- Wine Cooler
- Smart Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Garage Access
- Shared Basement
Home Security
- Home Security System
- Intercom
Parking
- 1 Car Garage
- Parking Deck
- Automatic Garage Door Opener
- Guest Parking
- Visitor Parking
Outdoor Features
- Deck
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
- Property is near shops
- Property is near a golf course
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2583939
Community Details
Overview
- Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management
- 40 Units
- Property managed by Capital Property Group
Amenities
- Public Transportation
- Elevator
Recreation
- Exercise Course
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2024
Closed on
Jan 8, 2025
Sold by
Duperre Brian
Bought by
Skenandore Candice E
Seller's Agent
Mary Poola
William Raveis Real Estate
Buyer's Agent
Nathan Cholewa
Kazantzis Real Estate, LLC
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%
Total Days on Market
63
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,997
Avg. Annual Appreciation
5.05%
Original Mortgage
$437,000
Outstanding Balance
$435,878
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$32,119
Purchase Details
Listed on
Feb 14, 2024
Closed on
Feb 28, 2024
Sold by
Cove Farida Assoc Llc
Bought by
Duperre Brian
Seller's Agent
Kathleen Sitek
Berkshire Hathaway NE Prop.
Buyer's Agent
Victoria Clark
CT Comm. Realty & Select Homes
List Price
$419,900
Sold Price
$425,000
Premium/Discount to List
$5,100
1.21%
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Map
About Cove View Condominiums
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Similar Homes in Norwich, CT
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $460,000 | None Available | |
| Warranty Deed | $460,000 | None Available | |
| Warranty Deed | $460,000 | None Available | |
| Warranty Deed | $425,000 | None Available | |
| Warranty Deed | $425,000 | None Available | |
| Warranty Deed | $425,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $437,000 | Purchase Money Mortgage | |
| Closed | $437,000 | Purchase Money Mortgage | |
| Previous Owner | $1,102,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $235,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $460,000 | -5.2% | $271 / Sq Ft |
| 12/26/2024 12/26/24 | Pending | -- | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $485,000 | +14.1% | $285 / Sq Ft |
| 03/01/2024 03/01/24 | Sold | $425,000 | +1.2% | $250 / Sq Ft |
| 02/14/2024 02/14/24 | For Sale | $419,900 | -- | $247 / Sq Ft |
Source: SmartMLS
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 | $9,244 | $278,000 | $0 | $278,000 |
| 2023 | $7,027 | $167,900 | $0 | $167,900 |
| 2022 | $6,137 | $145,500 | $0 | $145,500 |
| 2021 | $6,162 | $145,500 | $0 | $145,500 |
| 2020 | $7,116 | $167,900 | $0 | $167,900 |
| 2019 | $6,823 | $167,900 | $0 | $167,900 |
| 2018 | $5,763 | $139,000 | $0 | $139,000 |
| 2017 | $5,332 | $131,100 | $0 | $131,100 |
| 2016 | $3,514 | $84,300 | $0 | $84,300 |
| 2015 | $3,489 | $84,300 | $0 | $84,300 |
| 2014 | $2,194 | $56,200 | $0 | $56,200 |
Source: Public Records
Source: SmartMLS
MLS Number: 24055556
APN: NORW-000129-000001-000023-000605
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