Investors take note!!! Ripe with potential just minutes from downtown, Norwich. 48 Lake Street is conveniently located near the heart of historic Downtown Norwich, just minutes from Backus Hospital, and a short drive to both Mohegan Sun and Foxwoods casinos. Bring your toolbox and your vision to this blank canvas, ready for someone to give it a fresh remodel. Norwich is actively investing in its future through the revitalization of its waterfront, led by the Norwich Community Development Corporation (NCDC), creating new opportunities for business, culture, and community growth. With its central location, ongoing economic development efforts, and strong vision for the future, Norwich is quickly becoming one of Connecticut's most promising places to invest-making now the perfect time to get in early! Don't wait! Note: House has been taken down to the studs, please do not attempt to enter without contacting the listing agent.
Sold for $65,000
$65,000
48 Lake Street, Norwich, CT 06360
4beds
1,190sqft
Single Family Residence
Built in 1870
1,742.4 Square Feet Lot
$186,600 Zestimate®
$55/sqft
$2,449 Estimated rent
Home value
$186,600
$147,000 - $224,000
$2,449/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Marie Thomas (860)941-2980,
Coldwell Banker Realty 860-739-6277
Bought with:
Unrepresented Buyer/Tenant
Unrepresented Buyer
Source: Smart MLS,MLS#: 24124755
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- None
Cooling
- None
Appliances
- Included: None, No Hot Water
Features
- Basement: None
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 1,190
- Total interior livable area: 1,190 sqft
- Finished area above ground: 1,190
Property
Lot
- Size: 1,742 sqft
- Features: Level
Details
- Parcel number: 2412053
- Zoning: MF
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Siding, Other
- Foundation: Concrete Perimeter
- Roof: Other
Condition
- New construction: No
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Norwich
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2026 | Pending sale | $89,000+36.9%$75/sqft |
Source:  Smart MLS #24124755 Report a problem | ||
| 1/27/2026 | Sold | $65,000-27%$55/sqft |
Source: Smart MLS #24124755 Report a problem | ||
| 10/16/2025 | Listed for sale | $89,000$75/sqft |
Source: Smart MLS #24124755 Report a problem | ||
| 9/16/2025 | Pending sale | $89,000$75/sqft |
Source: Smart MLS #24124755 Report a problem | ||
| 9/6/2025 | Listed for sale | $89,000+214.1%$75/sqft |
Source: Smart MLS #24124755 Report a problem | ||
| 7/20/2023 | Sold | $28,333+130.3%$24/sqft |
Source: Public Record Report a problem | ||
| 6/27/2014 | Sold | $12,300+23%$10/sqft |
Source: Smart MLS #E273800 Report a problem | ||
| 5/6/2014 | Price change | $10,000-28.1%$8/sqft |
Source: Sellstate Leading Edge Realty #E273800 Report a problem | ||
| 4/2/2014 | Price change | $13,900-13.1%$12/sqft |
Source: Sellstate Leading Edge Realty #E273800 Report a problem | ||
| 2/26/2014 | Listed for sale | $16,000-85.2%$13/sqft |
Source: Leading Edge Real Estate, LLC #E273800 Report a problem | ||
| 10/5/2005 | Sold | $108,000$91/sqft |
Source: Smart MLS #E155848 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,768 +6% | $93,100 |
| 2024 | $3,556 +27.6% | $93,100 +61.9% |
| 2023 | $2,786 -0.1% | $57,500 |
| 2022 | $2,788 -0.3% | $57,500 |
| 2021 | $2,797 +0.4% | $57,500 |
| 2020 | $2,787 +1% | $57,500 |
| 2019 | $2,759 +14% | $57,500 +15% |
| 2018 | $2,420 -0.7% | $50,000 |
| 2017 | $2,437 -13.2% | $50,000 -14.4% |
| 2015 | $2,807 +4.7% | $58,400 |
| 2014 | $2,682 -20.1% | $58,400 -43.8% |
| 2013 | $3,356 +3.8% | $104,000 |
| 2012 | $3,234 +7.9% | $104,000 |
| 2011 | $2,998 +2.9% | $104,000 |
| 2010 | $2,914 +3.4% | $104,000 |
| 2009 | $2,819 +39.8% | $104,000 +52.9% |
| 2008 | $2,017 -11% | $68,000 |
| 2007 | $2,266 +4.1% | $68,000 |
| 2006 | $2,177 +4.1% | $68,000 |
| 2005 | $2,091 +55.1% | $68,000 +112.5% |
| 2003 | $1,348 +23.2% | $32,000 |
| 2001 | $1,094 | $32,000 |
Find assessor info on the county website
Neighborhood: 06360
Nearby schools
GreatSchools rating
- 3/10John M. Moriarty SchoolGrades: PK-5Distance: 2.9 mi
- 5/10Kelly Middle SchoolGrades: 6-8Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: John M. Moriarty
- High: Norwich Free Academy
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$186,600
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$190,332
- Connecticut
- New London County
- Norwich
- 06360
- 48 Lake Street
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