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7 Otis St, Norwich, CT, 06360

$539,000

Home List Price

$6,401*

Closing Credit

0 Baths
1,464 SqFt
$368/SqFt
House

Location

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7 Otis St, Norwich$539,000

Buyer Closing Credits

$6,401*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDetached Garage
Garage3 spaces
Year Built1850
HeatingHot Water
CoolingNone
BasementYes
MLS #170592177
Lot Size0.41 Acres
StatusActive

About 7 Otis St

2 Commercial buildings situated on 0.41 acres 1/2 mile north of downtown Norwich in an Historic District. Building 1: Total of 2,099 SF with enclosed porch. 1st Floor is 442 SF, 2 offices, 2 bathrooms and 3 car garage. 2nd Floor is 1,022 SF, with 1 1/2 bathrooms. Building 2: Total of 7,042 SF, 2 stories with full basement. First and second floor approximately 2,354 SF each. 1 1/2 baths, granite entry, hardwood floors. Handicap accessible. Front porch with view of St. Patrick's Cathedral. Numerous antique fireplace, hardwood floors. Beautiful landscaping and grounds. Historic District. All offers subject to bankruptcy court approval.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1850
  • Living Area: 1,464 SqFt

Listing Office:

  • Office Name: US Properties
  • Office Phone: (860) 437-0101
  • Listing Agent: Constance Howard

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached Garage

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,000
  • Price Per SqFt: $368/SqFt
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Housing Market Comparison

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

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Norwich, CT

City

Med. Sold Price

$252K

Med. Price/SqFt

$174

# of Sold Homes

51

7 Otis St vs Norwich

460 DAYS ON ROCKET

$539,000

+$287K More

$368/SqFt

+$194 More

KEY TAKEAWAY

This property is $287K more than the Median Sold Price and $194/SqFt more than other homes in Norwich, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #170592177

Listing Office:

  • Office Name: US Properties
  • Office Phone: (860) 437-0101
  • Listing Agent: Constance Howard

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: 11/21/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 17, 1994Home Sold
$165,000

History based on county public records data.

Payment Calculator

$2,758

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,682

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NMLS#3030

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.

Nearby Schools

school-card-donut-297847
4
/10

  • John B. Stanton School

  • 386 New London Tpke

  • 1.37 miles

  • Public District Grades KG-5

school-card-donut-297848
4
/10

  • Uncas Elementary School

  • 280 Elizabeth Street Ext

  • 1.63 miles

  • Public District Grades KG-5

school-card-donut-297849
3
/10

  • Samuel Huntington School

  • 80 W Town St

  • 1.85 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,026. Most Norwich, CT residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Otis St

What is the listing price of this property?

The listing price of 7 Otis St property is $539,000.

What type of property is this?

The property 7 Otis St is a house located in Norwich, Connecticut, 06360.

Is this property for sale now?

Active Listing: 7 Otis St is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on November 17, 1994 for $165,000. (source: MLS/tax record).

What is the square footage of this property?

The property 7 Otis St is 1,464 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 Otis St is 1850.

Rocket Homes›Connecticut›New London County›Norwich›06360›7 Otis St

This home is located at 7 Otis St in Norwich, CT and zip code 06360. This 1,464 square foot home, which was built in 1850, sits on a 0.41 acre lot. It has been listed on Rocket Homes since August 18, 2023 and is currently priced at $539,000.

In October 2024, from all listings sold in Norwich, CT there were more than 27 sold above asking price, over 16 sold below and more than 8 were sold right at the asked price. Between September 2024 and October 2024, Norwich, CT real estate market has seen increase in the number of listings by 3.1%.

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

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