18 days on rocket

Sale Pending

129 Summit St, Norwich, CT, 06360

$230,000

Home List Price

$2,731*

Closing Credit

4 Bedrooms
2 Full Baths
1,700 SqFt
$135/SqFt
Multi
Schools Nearby

Location

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129 Summit St, Norwich$230,000

Buyer Closing Credits

$2,731*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, Off Street Parking
Year Built1870
HeatingBaseboard
CoolingNone
BasementYes
MLS #24017518
Lot Size0.20 Acres
StatusSale Pending
(Under Contract)

About 129 Summit St

It looks great and the price is great so let me get the issues out of the way first! This is an estate and the estate cannot make any needed repairs. The estate will not remove tenants though they are great tenants. First floors rent is well below market so a healthy increase is possible. There is an outstanding issue regarding heat on the second floor and new owners must, per the town add additional heating for the second unit, either more electric heaters, splits, etc.. Other than that it is an attractive building and the current tenants keep their units nice and neat. Subject to probate approval. Can be a great deal!

Property Details

Property Features

Property Information:

  • Year Built: 1870
  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: Signature Properties of NewEng
  • Office Phone: (860) 447-8839
  • Listing Agent: Leo Chomen

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Gutters

Parking Information:

  • Attached Garage: No
  • Parking: None, Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Uncas School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Route 82 to Mechanic Street to Mopsic to Summit

Price Information

Listing Price Info

Price Summary:

  • List Price: $230,000
  • Price Per SqFt: $135/SqFt

Tax Information:

  • Annual Amount: $3,770
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norwich, CT.

Med. Sold Price

$240K

Med. Price/SqFt

$161

# of Sold Homes

41

129 Summit St vs Norwich

18 DAYS ON ROCKET

$230,000

-$10K Less

$135/SqFt

-$26 Less

KEY TAKEAWAY

This property is $10K less than the Median Sold Price and $26/SqFt less than other homes in Norwich, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24017518

Listing Office:

  • Office Name: Signature Properties of NewEng
  • Office Phone: (860) 447-8839
  • Listing Agent: Leo Chomen

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 12:55:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 01, 2000Home Sold
$36,000
Jan 25, 1993Home Sold
$100,000
Jan 22, 1993Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,770$77,500
2020$3,756$77,500
2019$3,719$77,500
2018$3,416$70,600
2017$3,441$70,600

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6902853
4
/10
  • Uncas School

  • 280 Elizabeth St Extensi

  • 0.74 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,964. Typical income of Norwich, CT residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesConnecticutNew London CountyNorwich06360129 Summit St

This home is located at 129 Summit St in Norwich, CT and zip code 06360. This 1,700 square foot home, which was built in 1870, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $230,000.

While more than 30 listings in Norwich, CT in May 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 9 were sold below. In May 2024 in Norwich, CT there were 2.1% less homes for sale than in April 2024.

From Rocket Homes Real Estate and based on county public records data.

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