Seller's Agent in 2016
Patti Hostage
Compass Connecticut, LLC
(860) 204-2914
2 in this area
19 Total Sales
231 Broadway Norwich, CT 06360
Central Norwich NeighborhoodEstimated Value: $333,705 - $486,000
5
Beds
2
Baths
3,208
Sq Ft
$126/Sq Ft
Est. Value
Highlights
- 0.65 Acre Lot
- Corner Lot
- Wrap Around Porch
- 4 Fireplaces
- No HOA
About This Home
As of May 2016Known formally as the Jon S. Ely House, it was built around 1880 with Gothic Revival details, and has been owned by the same family since the 1920's. Original features remain intact such as hardwood floors, four panel doors with Gothic trim, 9 ft. ceilings, four fireplaces, and wrap around porch with wood columns, The mechanicals are operable, but this lovely property will need much renovation. At one time the owners used the upstairs, with back entrance, as a full in-law apartment. Sited on a beautiful .65 acre corner lot, but not in the local historical district, this home could be restored or converted to a multi family as it is zoned MF5.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,551
Year Built
- Built in 1887
Lot Details
- 0.65 Acre Lot
- Corner Lot
- Open Lot
Home Design
- Clap Board Siding
Interior Spaces
- 3,208 Sq Ft Home
- 4 Fireplaces
- Basement Fills Entire Space Under The House
- Gas Oven or Range
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Car Garage
- Basement Garage
- Tuck Under Garage
- Dirt Driveway
Outdoor Features
- Wrap Around Porch
Schools
- Samuel Huntington Elementary School
- Norwich Free Academy High School
Utilities
- Radiator
- Heating System Uses Oil
- Electric Water Heater
- Fuel Tank Located in Basement
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 2019
Sold by
Mmt Management Llc
Bought by
Diversified Construction
Total Days on Market
314
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jul 22, 2015
Closed on
Jul 11, 2016
Sold by
Chapman Nettie F Est
Bought by
Mmt Management Llc
Seller's Agent
Patti Hostage
Compass Connecticut, LLC
Buyer's Agent
Patti Hostage
Compass Connecticut, LLC
List Price
$130,000
Sold Price
$70,000
Premium/Discount to List
-$60,000
-46.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.81%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Diversified Construction | $105,000 | -- | |
| Diversified Construction | $105,000 | -- | |
| Mmt Management Llc | -- | -- | |
| Mmt Management Llc | -- | -- | |
| Mmt Management Llc | $35,000 | -- | |
| Mmt Management Llc | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Malchman Elaine | $303,450 | |
| Closed | Diversified Const Concept | $236,000 | |
| Closed | Diversified Construction | $150,000 | |
| Previous Owner | Chapman Nettie K | $6,000 | |
| Previous Owner | Chapman Nettie K | $16,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2016 05/31/16 | Sold | $70,000 | -46.2% | $22 / Sq Ft |
| 05/31/2016 05/31/16 | Pending | -- | -- | -- |
| 07/22/2015 07/22/15 | For Sale | $130,000 | -- | $41 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $10,551 | $276,200 | $37,000 | $239,200 |
| 2023 | $7,179 | $147,600 | $39,100 | $108,500 |
| 2022 | $7,141 | $147,300 | $39,100 | $108,200 |
| 2021 | $7,165 | $147,300 | $39,100 | $108,200 |
| 2020 | $7,140 | $147,300 | $39,100 | $108,200 |
| 2019 | $7,069 | $147,300 | $39,100 | $108,200 |
| 2018 | $8,197 | $169,400 | $36,600 | $132,800 |
| 2017 | $8,257 | $169,400 | $36,600 | $132,800 |
| 2016 | $8,311 | $169,400 | $36,600 | $132,800 |
| 2015 | $8,141 | $169,400 | $36,600 | $132,800 |
| 2014 | $7,781 | $169,400 | $36,600 | $132,800 |
Source: Public Records
Agents Affiliated with this Home
-
Patti Hostage
Map
Similar Homes in the area
Source: SmartMLS
MLS Number: E10066440
APN: NORW-000093-000002-000057
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.