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513 Old Pond Lane

513 Old Pond Lane, Norwich, CT 06360
Property in Norwich
Sold Apr 11, 2018
$60,000
$48,000 by Chelsea Groton Bank
Mortgage Due Apr 11, 2038
Sold Aug 01, 2014
$39,500
Local assessors in Norwich, CT have categorized 513 Old Pond Lane as a residential type of property. The home was built in 1986 and is 38 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 513 Old Pond Lane has a total of 576 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. 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 wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 513 Old Pond Lane was last sold in Jan 1, 1970 for $60,000. According to our calculations, that's $104.17 per sqft. Prior to that sales transaction, the property was sold for $39,500 in Jan 1, 1970. Current property owners are expected to pay $2,101 in taxes per year. The property on 513 Old Pond Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $50,200. While improvements to the property were assessed at a total of $50,200. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Condo
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 576
  • Gross Building Area: 624
  • Building Area: 576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 576
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : HEIDTMAN KERRY S
  • Previous Owner : WALDRON KATHLEEN M
  • Owner Before Previous Owner: SHEAR ASSOCIATES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norwich School District
  • School Tax School District: NORWICH SD
  • Census Tract: 696701

Zoning

  • Zoning: PC

Geography

  • Account Number: 102640001
  • Parcel: NORW M:129 B:1 L:4 U:513
  • Block: 1
  • Lot: 4
  • Municipality: NORWICH
  • Latitude: 41.5032
  • Longitude: -72.0976

    Address

  • Full Address: 513 Old Pond Ln
  • Address - House Number: 513
  • Address - Street Name: Old Pond
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Norwich
  • Carrier Code: C023
  • 4-Digit Zip Code: 7036
  • Zip Code: 06360

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,101

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 65
  • Final Value: 132,579
  • High Value: 165,467
  • Low Value: 99,692

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $48,000
  • First Open Lien Mortgage Lender: CHELSEA GROTON BANK
  • First Open Lien Mortgage Recording Date: Apr 11, 2018
  • First Open Lien Mortgage Loan Amount: $48,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 11, 2038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,200
  • Assessed Improvements Value: $50,200

    Sales

  • Current Sale Recording Date: Apr 11, 2018
  • Current Sale Transaction ID: 11452140057
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018001448
  • Previous Sale Recording Date: Aug 01, 2014
  • Previous Sale Amount: $39,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHELSEA GROTON BANK
  • First Mortgage Transaction Date: Apr 11, 2018
  • First Mortgage Loan Amount: $48,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 11, 2038

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Frequently Asked Questions

What neighborhood is 513 Old Pond Lane located in?
The 513 Old Pond Lane is a located in the neighborhood of Norwich in Norwich, Norwich.
What is the average sales price for listings in 513 Old Pond Lane?
The average sales price for units in 513 Old Pond Lane is $0 currently.

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