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16 Lambert Drive

16 Lambert Drive, Norwich, CT 06360
Property in Norwich
Sold Nov 03, 2009
Transfer
$220,924 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2051
Sold Sep 29, 1993
$118,000
$89,000 by Norwich Savings Soc
Mortgage Due Sep 29, 2013
Local assessors in Norwich, CT have categorized 16 Lambert Drive as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 11,326 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16 Lambert Drive has a total of 1,644 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $118,000 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 $4,507 in taxes each year. 16 Lambert Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $107,700. If we break it down further, the land itself was valued at $34,200. Improvements to the property, however, were assessed at a total of $73,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 744
  • Garage Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,644
  • Gross Building Area: 3,208
  • Building Area: 1,644
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,644
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DEUTSCHE BANK NATL T C
  • Previous Owner : CARY OLIVER
  • Owner Before Previous Owner: MILLER GREGORY A
  • Owner Before Previous Owner 2: MILLER DIANA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norwich School District
  • School Tax School District: NORWICH SD
  • Census Tract: 696300

Zoning

  • Zoning: R40

Geography

  • Account Number: 75880001
  • Parcel: NORW M:53 B:2 L:66
  • Block: 2
  • Lot: 66
  • Municipality: NORWICH
  • Latitude: 41.5594
  • Longitude: -72.0732

    Address

  • Full Address: 16 Lambert Dr
  • Address - House Number: 16
  • Address - Street Name: Lambert
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Norwich
  • Carrier Code: C021
  • 4-Digit Zip Code: 1825
  • Zip Code: 06360

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,507

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 67
  • Final Value: 280,137
  • High Value: 345,779
  • Low Value: 214,494

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,924
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 11, 2021
  • First Open Lien Mortgage Loan Amount: $220,924
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,700
  • Assessed Land Value: $34,200
  • Assessed Improvements Value: $73,500

    Sales

  • Current Sale Recording Date: Nov 03, 2009
  • Current Sale Transaction ID: 1051349516
  • Current Sale Document Type: Foreclosure
  • Previous Sale Recording Date: Sep 29, 1993
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NORWICH SAVINGS SOC
  • Previous Mortgage Transaction Date: Sep 29, 1993
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $89,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Sep 29, 2013

About Norwich



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Frequently Asked Questions

What neighborhood is 16 Lambert Drive located in?
The 16 Lambert Drive is a located in the neighborhood of Norwich in Norwich, Norwich.
What is the average sales price for listings in 16 Lambert Drive?
The average sales price for units in 16 Lambert Drive is $0 currently.

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