823 Old Pond Lane, #823, Norwich, CT, 06360 | $209,900

Situated adjacent to the Spa at the Norwich Inn, a stone's throw from Mohegan Sun, and a crosswalk away from the Norwich Golf Course; this penthouse condo offers the ideal location for weekend retreats or opportunity for passive income through Air BnB! The unit is in a prime location within the Villas, located steps away from the clubhouse, community laundry facility, and the mailboxes. This unit is well-maintained and conveys partially furnished with tasteful mid-century modern furniture. The leather sofa is cozy and invites you to curl up and enjoy the warmth of the wood-burning fire place. The balcony offers the perfect place to sip your morning coffee or tea and relax while enjoying the view of THREE water fountains (including one directly below the balcony). The condo may only have one true bedroom, but the living room is equipped with a full-sized Murphy bed to sleep an additional 2 guests. Your weekend oasis awaits!

Features

  • Parking: 2-car
  • Heating: Heat Pump
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Club House,Exercise Room/Health Club,Guest Parking,Pool
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 2 full
  • Laundry: Coin Op Laundry,Common Laundry Area
  • Complex: Villas at Norwich Inn & Spa
  • Year Built: 1986
  • Common Charge: $480 Monthly
  • Above Grade Approx. Sq. Feet: 864
  • Est. Taxes: $4,057
  • Lot Desc: Lightly Wooded,Water View
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • Pool: Heated,Pool House,Concrete,Spa,Salt Water,In Ground Pool
  • Pets Allowed: No
  • Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher
  • MLS#: 24060644
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/24060644/823oldpondlane_norwich_ct?source=qrflyer
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Listing courtesy of RE/MAX Legends

Room Information

Type DescriptionLevel
Full Bath Tub w/Shower,Tile FloorMain
Kitchen Breakfast Bar,Tile FloorMain
Living Room Cathedral Ceiling,Balcony/Deck,Book Shelves,Combination Liv/Din Rm,Fireplace,Wall/Wall CarpetMain
Primary Bath Tub w/Shower,Tile FloorUpper
Primary Bedroom Bedroom Suite,Ceiling Fan,Wall/Wall CarpetUpper

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2104486

860.625.5780

Brianna.Turgeon@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Diane PadelliInsurance Sales Director, William Raveis Insurance

203.444.0494

Diane.Padelli@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

823 Old Pond Lane, #823, Norwich, CT, 06360

$209,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brianna Turgeon

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.625.5780

Brianna.Turgeon@raveis.com

NMLS Mortgage Loan Originator ID 2104486

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $167,920 $167,920 $167,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $338 $338 $338
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,117 $1,116 $1,440
Total Monthly Payment $1,530 $1,529 $1,853

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.