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110 Broadway

110 Broadway, Norwich, CT 06360
Property in Norwich
110 Broadway has been categorized by the local assessors in Norwich, CT as a commercial type of property. The building on the property was first built in 1937 and is 87 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 110 Broadway has 5,784 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,712 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a paved and surfaced garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing no heating system and being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 110 Broadway sold most recently in Jan 27, 2023 for a total of $225,000. If you work out the math, that's approximately a cost of $43.00 per sqft. Before that, the property was also sold for $320,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,013 in taxes each year. The initial year of tax delinquency occurred in 2020. 110 Broadway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $185,300. If we break it down further, the land itself was valued at $45,700. Improvements to the property, however, were assessed at a total of $139,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking
On-Street Parking
Paved Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210228
02/28/2021
Loft
-
5232 ft²
$295,000
bedrooms
Loft
bathrooms
-
square feet
5232 ft²
$415,000 +40.68%
09/01/2021
Bill Cheng
eXp Realty

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 868
  • Garage Type: Paved and surfaced
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 5,232
  • Gross Building Area: 10,789
  • Building Area: 5,232
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: None
  • Heated Square Feet: 5,784
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.2
  • Standard Land Use Code: Commercial building

Ownership

  • Current Owner : JEM HOLDINGS LLC
  • Previous Owner : WANGS INVESTMENTS CORP
  • Owner Before Previous Owner: 110 BROADWAY LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 27, 2023

Neighborhood

  • School District Name: Norwich School District
  • School Tax School District: NORWICH SD
  • Census Tract: 696800

Zoning

  • Zoning: CC/NC

Geography

  • Account Number: 103990001
  • Parcel: NORW M:102 B:2 L:13
  • Block: 2
  • Lot: 13
  • Municipality: NORWICH
  • Latitude: 41.5269
  • Longitude: -72.076

    Address

  • Full Address: 110 Broadway
  • Address - House Number: 110
  • Address - Street Name: Broadway
  • State: CT
  • City Name: Norwich
  • Carrier Code: C004
  • 4-Digit Zip Code: 4404
  • Zip Code: 06360

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,013
  • Intital Tax Deliquent Year: 2020

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $401,250
  • First Open Lien Mortgage Lender: EASTERN CT SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jan 27, 2023
  • First Open Lien Mortgage Loan Amount: $401,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,300
  • Assessed Land Value: $45,700
  • Assessed Improvements Value: $139,600

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Transaction ID: 11901891208
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023000378
  • Previous Sale Recording Date: Feb 16, 2007
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASTERN CT SAVINGS BANK
  • First Mortgage Transaction Date: Jan 27, 2023
  • First Mortgage Loan Amount: $401,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: EQUITY ONE INC
  • Previous Mortgage Transaction Date: Feb 16, 2007
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Norwich



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Frequently Asked Questions

What neighborhood is 110 Broadway located in?
The 110 Broadway is a other located in the neighborhood of Norwich in Norwich, Norwich.
What is the average sales price for listings in 110 Broadway?
The average sales price for units in 110 Broadway is $245,000 , or $47/sqft. currently.

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