tomo logo

$215,000

Beds
4
Baths
1.5
sq ft
1,592

78 Merchants Ave, Taftville, CT 06380

78 Merchants Ave

Norwich, CT 06380

  • Pending
    • Price drop $34,000↓
Welcome to your future home! This delightful 4-bedroom, 1.5-bathroom residence boasts excellent rental potential and is perfect for owner occupied or investors. Enjoy the outdoors from the comfort of a screened porch, ideal for relaxing or entertaining guests. The home features plenty of storage throughout, ensuring all your belongings have a place. Recent updates add significant value: the new boiler installed in 2024 ensures efficient and reliable heating, while the new roof from 2022 enhances both the home's durability and curb appeal. The property also includes a spacious 2-car garage, providing ample parking and additional storage space. Don't miss this opportunity to own a versatile and inviting home!

Details

Property type

Single Family Residence

Est. home value

$200,920

Lot size

0.25 acres

Price per sq ft

$136

Year built

1902

Annual property taxes

$4,615

Price History

09/07/2024
SmartMLS

SmartMLS #24037707

Pending
$215,000
09/05/2024
SmartMLS

SmartMLS #24037707

Price change
$215,000
-13.65%
08/27/2024
SmartMLS

SmartMLS #24037707

Price change
$249,000
-4.23%

Schools & Community

Neighborhood: 

Norwichtown

Elementary school: 

Per Board of Ed

Middle school: 

Unknown

High school: 

Norwich Free Academy

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

Bank Of America Na

Loan start date

March 2012

Original loan amount

$165,939

Est. remaining balance

$77,597

Interest rate

3.88%

Loan type

Not Provided, 20 year

Seller

Randy L Tiede

Lender

Bank Of America Na

Loan start date

March 2012

Original loan amount

$165,939

Est. remaining balance

$77,597

Interest rate

3.88%

Loan type

Not Provided, 20 year

Seller

Randy L Tiede

Lender

Chelseagroton Svgs Bk

Loan start date

August 2005

Original loan amount

$106,500

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Not Provided

Seller

Randy Tiede

Lender

Chelseagroton Svgs Bk

Loan start date

August 2005

Original loan amount

$106,500

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Not Provided

Seller

Randy Tiede

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?

Similar Homes Nearby

SmartMLS
$238,000
4 bd
|
2 ba
|
1,566 sq ft
|
House

21 Mulberry St, Norwich, CT 06360

SmartMLS
$199,500
4 bd
|
2 ba
|
2,637 sq ft
|
House

43 Williams St, Norwich, CT 06360

SmartMLS
$199,900
4 bd
|
1 ba
|
1,688 sq ft
|
House

450 Route 32, North Franklin, CT 06254

Status: Pending/Under Contract

Tomo last checked: 09/16/2024 at 12:10 PM

Listing updated: 09/07/2024 at 5:02 PM

Listed by: Sean Seigel, RE/MAX Coast and Country Phone #: (401) 207-5367

MLS: SmartMLS #24037707

SmartMLS logo

Recently listed in Norwich

$255,000|3 bd|1.5 ba|House
$269,900|4 bd|1.5 ba|House
$329,000|3 bd|2.5 ba|House
$290,000|4 bd|2.0 ba|House
$315,000|4 bd|2.0 ba|House
$250,000|4 bd|2.0 ba|House
$479,900|3 bd|2.0 ba|House
$345,000|2 bd|2.0 ba|House
$349,900|3 bd|2.0 ba|House
$208,800|4 bd|1.0 ba|House