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$307,500

Beds
3
Baths
1.5
sq ft
1,594

48 Hedge Ave, Norwich, CT 06360

48 Hedge Ave

Norwich, CT 06360

  • Pending
    • Price drop $2,400↓
Welcome to 48 Hedge Avenue, a charming cottage home located by the banks of the Shetucket river in Norwich, CT. This beautifully remodeled property combines charm with modern amenities, offering a perfect blend of comfort and elegance. This property comes fully furnished! The inviting living room features hardwood floors, a cozy fireplace, and large windows that flood the space with natural light, making it perfect for family gatherings or quiet evenings. Recently updated, the kitchen boasts granite countertops, stainless steel appliances, and additional cabinet space. An adjacent dining area makes it ideal for entertaining. The home includes three generously sized bedrooms with plenty of closet space. The master suite features an ensuite bathroom for added convenience, while the two full bathrooms have been tastefully updated with modern fixtures and finishes. . Enjoy outdoor living with a spacious deck, perfect for barbecues and relaxation. The Property is currently being used as a short-term rental investment. Norwich's location in Southeastern Connecticut is a short drive from the popular casinos of Mohegan Sun and Foxwoods, which draw millions of visitors each year. Only a 4 mile uber to Mohegan Sun, and 7 miles to Foxwoods Casino and Resort. The town's proximity to coastal areas male trips to Mystic and RI beaches an option as well. Either as a primary residence, or investment property, the potential of this property is strong in value.

Details

Property type

Single Family Residence

Est. home value

$186,308

Lot size

5,227 sq ft

Price per sq ft

$193

Year built

1914

Annual property taxes

$4,653

Price History

10/02/2024
SmartMLS

SmartMLS #24032697

Pending
$307,500
08/20/2024
SmartMLS

SmartMLS #24032697

Price change
$307,500
-0.77%
07/16/2024
SmartMLS

SmartMLS #24032697

Listed
$309,900
+330.42%

Schools & Community

Elementary school: 

Per Board of Ed

Middle school: 

Unknown

High school: 

Per Board of Ed

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Oaktree Funding Corp

Loan start date

January 2024

Original loan amount

$188,500

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Napolitano Invs Llc

Lender

Pinnacle Financial Services Llc

Loan start date

February 2023

Original loan amount

$157,000

Est. remaining balance

Not provided

Interest rate

6.48%

Loan type

Building or Construction Loan

Seller

Napolitano Invs Llc

Lender

Pinnacle Financial Services Llc

Loan start date

February 2023

Original loan amount

$157,000

Est. remaining balance

Not provided

Interest rate

6.48%

Loan type

Building or Construction Loan

Seller

Napolitano Invs Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 11/08/2024 at 8:10 AM

Listing updated: 10/01/2024 at 9:12 PM

Listed by: Kevin Fennell, eXp Realty Phone #: (860) 884-3302

MLS: SmartMLS #24032697

SmartMLS logo

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