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488 Main St

Norwich, CT 06360

3 bd 2 ba 1,091 sqft Built 1925 Lot 32,234 sqft single_family
Most recent sale
$140,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $140,000 Public Record
Apr 26, 2022 Sold $140,000 SMARTMLS
Mar 12, 2022 Listed $145,000 MLS #170473354
May 21, 2009 Listing removed $65,900 CTMLS
Apr 28, 2009 Relisted $65,900 MLS #G522493
Apr 11, 2009 Listing removed $60,900 CTMLS
Mar 7, 2009 Listed $60,900 MLS #G522493

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $75,500 $43,600 $119,100 $4,820
2023 $43,100 $21,500 $64,600 $3,142
2022 $43,100 $21,500 $64,600 $3,132
2021 $43,100 $21,500 $64,600 $3,142
2020 $43,100 $21,500 $64,600 $3,131
2019 $43,100 $21,500 $64,600 $3,100
2018 $46,100 $20,200 $66,300 $3,208
2017 $46,100 $20,200 $66,300 $3,231
2016 $46,100 $20,200 $66,300 $3,253
2015 $46,100 $20,200 $66,300 $3,186
2013 $52,000 $62,000 $114,000 $3,679
2006 $33,000 $38,000 $71,000 $2,273
2005 $33,000 $38,000 $71,000 $2,183
2003 $32,800 $12,200 $45,000 $1,895

Property facts

Year built
1925
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,091 sqft
Lot size
32,234 sqft
ZIP code
06360
City
Norwich
Street
Main St
Coordinates
41.52357, -72.06470

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,637
Gross rental yield
14.03%
Implied cap rate
9.12%
Trend-extrapolated value

Frequently asked questions

When did 488 Main St last sell?
488 Main St most recently sold on Apr 27, 2022 for $140,000.
What is the current tax assessment for 488 Main St?
The most recent total assessment for 488 Main St (year 2025) is $119,100 with $4,820 in property tax.
How does 488 Main St's assessment compare to its last sale price?
The current assessment is 14.9% below the last sale price of $140,000.
When was 488 Main St built?
488 Main St was built in 1925.
How does 488 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 488 Main St?
488 Main St is a 3 bed, 2 bath, 1,091 sqft, 32,234 sqft lot single_family.
Is 488 Main St a flip candidate?
No — 488 Main St does not appear in our flips dataset.
Is 488 Main St a tax-appeal candidate?
No — 488 Main St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.3%
2026 Q3
$312.5K
2026 Q4
$320.5K
ZIP 06360 — Median Price History + Forecast

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