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586 Thames St

Norwich, CT 06360

2 bd 2 ba 1,440 sqft Built 2003 condos
Most recent sale
$215,000
Oct 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2022 Sold $215,000 Public Record
Oct 4, 2022 Sold $215,000 SMARTMLS
Sep 1, 2022 Listed $200,000 MLS #170515720
Aug 23, 2010 Sold $90,000 Public Record
Jul 21, 2010 Listing removed $95,000 CTMLS
Jul 2, 2010 Price changed $95,000 MLS #E239272
May 18, 2010 Listed $134,900 MLS #E239272
Oct 16, 2009 Listing removed $279,000 CTMLS
Jul 8, 2009 Listed $279,000 MLS #E230663

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $142,600 $142,600 $4,964
2023 $118,400 $118,400 $4,955
2022 $118,400 $118,400 $4,994
2021 $118,400 $118,400 $5,014
2020 $118,400 $118,400 $5,018
2019 $118,400 $118,400 $4,812
2018 $114,000 $114,000 $4,726
2017 $114,000 $114,000 $4,636
2016 $114,000 $114,000 $4,753
2015 $114,000 $114,000 $4,718
2013 $173,000 $173,000 $4,773
2006 $166,000 $166,000 $4,661
2005 $166,000 $166,000 $4,485

Property facts

Year built
2003
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,440 sqft
Lot size
ZIP code
06360
City
Norwich
Street
Thames St
Coordinates
41.50104, -72.09314

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
$2,160
Gross rental yield
12.06%
Implied cap rate
7.84%
Trend-extrapolated value

Frequently asked questions

When did 586 Thames St last sell?
586 Thames St most recently sold on Oct 5, 2022 for $215,000.
What is the current tax assessment for 586 Thames St?
The most recent total assessment for 586 Thames St (year 2025) is $142,600 with $4,964 in property tax.
How does 586 Thames St's assessment compare to its last sale price?
The current assessment is 33.7% below the last sale price of $215,000.
When was 586 Thames St built?
586 Thames St was built in 2003.
How does 586 Thames St compare to others on Thames St?
We track 8 other properties on Thames St. Browse the list under "Other properties on Thames St" to compare beds, baths, and sale history.
What are the property facts for 586 Thames St?
586 Thames St is a 2 bed, 2 bath, 1,440 sqft condos.
Is 586 Thames St a flip candidate?
No — 586 Thames St does not appear in our flips dataset.
Is 586 Thames St a tax-appeal candidate?
No — 586 Thames 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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