Sold for $230,000

$230,000

103 River Avenue, Norwich, CT 06360

5beds

1,864sqft

Multi Family

Built in 1860

-- sqft lot

$249,300 Zestimate^®

$123/sqft

$1,681 Estimated rent

Home value

$249,300

$219,000 - $282,000

$1,681/mo

Zestimate^® history

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$1,291/mo

Est. payment

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$1,291/mo

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What's special

Fantastic opportunity to bring this beauty back to a money-making investment. The view from the back decks overlooks the Thames River. The backyard is private and partially fenced. Tons of potential to create more room with the unused portion of the attic. The windows and siding were installed approximately 10 years ago. The hardwoods could be sanded back to their original beautiful finish. A new roof and some plumbing repairs are a couple of the most immediate needs for this home. Once completed, this would be a fabulous 'owner-occupied' home with 2 streams of rental income. This is an ESTATE and is subject to final probate approval. This sale is AS IS and will NOT go government financing.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Radiant, Electric

Cooling

Ceiling Fan(s)

Appliances

Included: Gas Water Heater, Electric Water Heater, Water Heater
Laundry: None

Features

Basement: Partial,Unfinished,Shared Basement,Dirt Floor,Concrete
Attic: Walk-up
Has fireplace: No

Interior area

Total structure area: 1,864
Total interior livable area: 1,864 sqft
Finished area above ground: 1,864

Property

Parking

Total spaces: 4
Parking features: None, Off Street, Driveway, Paved
Has uncovered spaces: Yes

Features

Patio & porch: Deck
Exterior features: Balcony
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 0.33 Acres
Features: Sloped

Details

Parcel number: 2029097
Zoning: MF

Construction

Type & style

Home type: MultiFamily
Architectural style: Units on different Floors
Property subtype: Multi Family

Materials

Vinyl Siding, Brick, Wood Siding
Foundation: Block, Concrete Perimeter
Roof: Asphalt

Condition

New construction: No
Year built: 1860

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Laurel Hill

HOA

Has HOA: No

Location

Region: Norwich

Financial & listing details

Price per square foot: $123/sqft
Tax assessed value: $172,400
Annual tax amount: $6,586
Date on market: 5/2/2025

Price history

Date	Event	Price
6/6/2025	Sold	$230,000+2.2%$123/sqft
Source: Smart MLS #24088498 Report a problem
5/7/2025	Pending sale	$225,000$121/sqft
Source: Smart MLS #24088498 Report a problem
5/5/2025	Listed for sale	$225,000+262.9%$121/sqft
Source: Smart MLS #24088498 Report a problem
9/3/2010	Sold	$62,000-30.3%$33/sqft
Source: Smart MLS #E238571 Report a problem
6/22/2010	Price change	$89,000+12.7%$48/sqft
Source: Browning & Browning RE LLC #E238571 Report a problem
5/28/2010	Price change	$79,000-11.2%$42/sqft
Source: foreclosure.com Report a problem
4/29/2010	Price change	$89,000-62.1%$48/sqft
Source: foreclosure.com Report a problem
4/25/2010	Listed for sale	--
Source: foreclosure.com Report a problem
11/16/2005	Sold	$235,000+62.1%$126/sqft
Source: Public Record Report a problem
9/18/2002	Sold	$145,000$78/sqft
Source: Smart MLS #E128473 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,977 +5.9%	$172,400
2024	$6,586 +46%	$172,400 +85.2%
2023	$4,511 0%	$93,100
2022	$4,513 -0.3%	$93,100
2021	$4,528 +0.2%	$93,100 -0.1%
2020	$4,517 +1%	$93,200
2019	$4,473 +2.4%	$93,200 +3.2%
2018	$4,370 -0.7%	$90,300
2017	$4,401 +1.4%	$90,300
2015	$4,340 +4%	$90,300 -0.7%
2014	$4,175 -20.6%	$90,900 -44.2%
2013	$5,260 +3.8%	$163,000
2012	$5,069 +7.9%	$163,000
2011	$4,699 +2.9%	$163,000
2010	$4,567 +3.3%	$163,000
2009	$4,419 +30.7%	$163,000 +43%
2008	$3,381 -11%	$114,000
2007	$3,798 +4.1%	$114,000
2006	$3,650 +4.1%	$114,000
2005	$3,506 +65.5%	$114,000 +126.6%
2003	$2,118 +17.5%	$50,300 -4.6%
2001	$1,802	$52,700