71 Merchants Ave
Norwich, CT 06380
3 bd 1 ba 1,232 sqft Built 1962 Lot 13,068 sqft single_family
Most recent sale
$252,000
Jul 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2024 | Sold | $280,000 | SMARTMLS |
| Apr 20, 2024 | Listed | $275,000 | SMARTMLS |
| Jul 5, 2022 | Sold | $252,000 | Public Record |
| Jun 15, 2022 | Sold | $252,000 | SMARTMLS |
| Apr 20, 2022 | Listed | $239,900 | MLS #170483719 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $126,100 | $38,200 | $164,300 | $5,719 |
| 2023 | $70,700 | $27,400 | $98,100 | $4,105 |
| 2022 | $70,700 | $27,400 | $98,100 | $4,138 |
| 2021 | $70,700 | $27,400 | $98,100 | $4,155 |
| 2020 | $70,700 | $27,400 | $98,100 | $4,157 |
| 2019 | $70,700 | $27,400 | $98,100 | $3,987 |
| 2018 | $65,800 | $27,200 | $93,000 | $3,856 |
| 2017 | $65,800 | $27,200 | $93,000 | $3,782 |
| 2016 | $65,800 | $27,200 | $93,000 | $3,877 |
| 2015 | $65,800 | $27,200 | $93,000 | $3,849 |
| 2013 | $70,000 | $62,000 | $132,000 | $3,642 |
| 2006 | $64,000 | $34,000 | $98,000 | $2,752 |
| 2005 | $64,000 | $34,000 | $98,000 | $2,648 |
| 2003 | $59,600 | $8,100 | $67,700 | $2,489 |
Property facts
Year built
1962
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,232 sqft
Lot size
13,068 sqft
ZIP code
06380
City
Norwich
Street
Merchants Ave
Coordinates
41.56695, -72.05883
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,848
Gross rental yield
8.80%
Implied cap rate
5.72%
Trend-extrapolated value
—
Frequently asked questions
When did 71 Merchants Ave last sell?
71 Merchants Ave most recently sold on Jul 5, 2022 for $252,000.
What is the current tax assessment for 71 Merchants Ave?
The most recent total assessment for 71 Merchants Ave (year 2025) is $164,300 with $5,719 in property tax.
How does 71 Merchants Ave's assessment compare to its last sale price?
The current assessment is 34.8% below the last sale price of $252,000.
When was 71 Merchants Ave built?
71 Merchants Ave was built in 1962.
How does 71 Merchants Ave compare to others on Merchants Ave?
We track 8 other properties on Merchants Ave. Browse the list under "Other properties on Merchants Ave" to compare beds, baths, and sale history.
What are the property facts for 71 Merchants Ave?
71 Merchants Ave is a 3 bed, 1 bath, 1,232 sqft, 13,068 sqft lot single_family.
Is 71 Merchants Ave a flip candidate?
No — 71 Merchants Ave does not appear in our flips dataset.
Is 71 Merchants Ave a tax-appeal candidate?
No — 71 Merchants Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.5%
Implied 1-yr
+25.8%
2026 Q3
$297.9K
2026 Q4
$311.5K
ZIP 06380 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Merchants Ave