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Sold for $320,000
  • $320,000

    111 Laurel Hill Avenue, Norwich, CT 06360

    6beds
    2,614sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $413,400 Zestimate®
    $122/sqft
    $1,692 Estimated rent

    Home value

    $413,400

    $389,000 - $438,000

    $1,692/mo

    Zestimate® history
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    What's special

    Sheet rockNearby shoppingEat in kitchensMajor highwaysCasino attractionsNew flooring
    INVESTORS TAKE NOTE OF THIS RARE OPPORTUNITY TO OWN A SPACIOUS FULLY RENTED 3 FAMILY HOME IN A CENTRAL LOCATION! This large 3 family home offers so much potential...Each unit features 2 large bedrooms, 1 full bath, and have spacious living rooms complete with eat in kitchens and pantry. Talk about value, a series of renovations and value add projects have been completed from 2008 all the way up to 2023. The most recent renovation includes a complete overhaul of the 3rd floor to include new flooring, sheet rock, lighting, kitchen, appliances, plumbing, and more that has to be seen to be appreciated! In addition to these renovations, major upgrades have been completed including newer hot water heaters and total roof replacement in 2008. The potential continues with opportunity to increase rental income over the years yet start collecting right away. This property has a separate driveway for tenant parking and offers low maintenance for the future owner. For those looking to add to, start, or diversify their investment portfolio, this is the ideal opportunity! Own an income producing asset that is ideally located nearby shopping, casino attractions, major highways, and public transportation in New London county. Don't miss this unique opportunity to simply invest and collect!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Vanderblue Team at Higgins Group,

    Melissa Montagno 203-887-1340,

    Higgins Group Real Estate 203-254-9000

    Bought with:

    Lauren Freedman, REB.0792452

    Coldwell Banker Realty

    Source: Smart MLS,MLS#: 170588796MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Gas on Gas, Electric, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Water Heater, Electric Water Heater, Gas Water Heater
    • Laundry: None
    Features
    • Basement: Full,Unfinished
    • Attic: Finished
    Interior area
    • Total structure area: 2,614
    • Total interior livable area: 2,614 sqft
    • Finished area above ground: 2,614

    Property

    Parking
    • Parking features: Driveway, Paved
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    Lot
    • Size: 4,356 Square Feet
    • Features: Level
    Details
    • Parcel number: 2416557
    • Zoning: MF

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Stone
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Near Public Transport, Lake, Park
    • Subdivision: Laurel Hill
    HOA
    • Has HOA: No
    Location
    • Region: Norwich

    Financial & listing details

    • Price per square foot: $122/sqft
    • Tax assessed value: $92,200
    • Annual tax amount: $4,485
    • Date on market: 9/10/2023

    Price history

    DateEventPrice
    9/8/2023Sold$320,000+7%$122/sqft
    Source: Smart MLS #170588796 Report a problem
    8/3/2023Listed for sale$299,000+10.7%$114/sqft
    Source: Smart MLS #170588796 Report a problem
    12/19/2022Sold$270,000-3.5%$103/sqft
    Source: Smart MLS #170530134 Report a problem
    12/14/2022Contingent$279,900$107/sqft
    Source: Smart MLS #170530134 Report a problem
    10/14/2022Listed for sale$279,900-2.1%$107/sqft
    Source: Smart MLS #170530134 Report a problem
    10/6/2017Listing removed$850
    Source: Baratz Realty #E10234268 Report a problem
    7/2/2017Listed for rent$850-10.5%
    Source: Baratz Realty #E10234268 Report a problem
    6/1/2017Listing removed$950
    Source: Baratz Realty #E10198784 Report a problem
    2/21/2017Listed for rent$950
    Source: Baratz Realty #E10198784 Report a problem
    6/26/2008Sold$286,000+2.2%$109/sqft
    Source: Public Record Report a problem
    12/4/2007Sold$279,900+123.9%$107/sqft
    Source: Public Record Report a problem
    6/1/2005Sold$125,000+2%$48/sqft
    Source: Smart MLS #E160406 Report a problem
    4/14/1989Sold$122,500+31%$47/sqft
    Source: Public Record Report a problem
    10/16/1987Sold$93,500$36/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,641 +5.9%$188,800
    2024$7,212 +61.5%$188,800 +104.8%
    2023$4,467 -0.1%$92,200
    2022$4,470 -0.3%$92,200
    2021$4,485 +0.4%$92,200
    2020$4,469 +1%$92,200
    2019$4,425 +13.5%$92,200 +14.4%
    2018$3,900 -0.7%$80,600
    2017$3,928 +1.4%$80,600
    2015$3,874 +4.6%$80,600
    2014$3,702 -34.1%$80,600 -53.7%
    2013$5,615 +3.8%$174,000
    2012$5,411 +7.9%$174,000
    2011$5,016 +2.9%$174,000
    2010$4,875 +3.3%$174,000
    2009$4,717 +62.3%$174,000 +77.6%
    2008$2,907 -8.2%$98,000 +3.2%
    2007$3,165 +4%$95,000
    2006$3,042 +25.2%$95,000 +20.3%
    2005$2,429 +32.9%$79,000 +82%
    2003$1,828 +23.2%$43,400
    2001$1,484 $43,400
    Find assessor info on the county website

    Neighborhood: 06360

    Nearby schools

    GreatSchools rating
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    $421,668