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586 Thames St

Norwich, CT 06360

1 bd 2 ba 1,040 sqft Built 2003 condos
Most recent sale
$190,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 20, 2026 Listed $249,000 SMARTMLS
May 2, 2022 Sold $190,000 Public Record
Apr 29, 2022 Sold $190,000 SMARTMLS
Mar 9, 2022 Listed $194,900 MLS #170471196
Jul 14, 2016 Listing removed $169,900 CTMLS
Feb 11, 2016 Listing removed $1,475 CTMLS
Jan 11, 2016 Listed $169,900 MLS #E10102700
Feb 13, 2015 Listing removed $179,000 CTMLS
Nov 17, 2014 Listed $179,000 MLS #E281278
Nov 6, 2014 Listed for rent $1,500 CTMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $126,400 $126,400 $4,400
2023 $108,200 $108,200 $4,528
2022 $108,200 $108,200 $4,564
2021 $108,200 $108,200 $4,582
2020 $108,200 $108,200 $4,586
2019 $108,200 $108,200 $4,397
2018 $106,700 $106,700 $4,424
2017 $106,700 $106,700 $4,339
2016 $106,700 $106,700 $4,448
2015 $106,700 $106,700 $4,416
2013 $111,000 $111,000 $3,062
2006 $138,000 $138,000 $3,875
2005 $138,000 $138,000 $3,729

Property facts

Year built
2003
Property type
condos
Stories
1
Beds
1
Baths
2
Living area
1,040 sqft
Lot size
ZIP code
06360
City
Norwich
Street
Thames St
Coordinates
41.50091, -72.09297

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
$1,560
Gross rental yield
9.85%
Implied cap rate
6.40%
Trend-extrapolated value

Frequently asked questions

When did 586 Thames St last sell?
586 Thames St most recently sold on May 2, 2022 for $190,000.
What is the current tax assessment for 586 Thames St?
The most recent total assessment for 586 Thames St (year 2025) is $126,400 with $4,400 in property tax.
How does 586 Thames St's assessment compare to its last sale price?
The current assessment is 33.5% below the last sale price of $190,000.
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 1 bed, 2 bath, 1,040 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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