123 Sheraton Lane - Norwich, CT

$229,000

Beds

2.00

Baths

1,280

SqFt

0.00

Acres

Pricing Insight: Originally listed for $249,000, the price was last adjusted to $229,000 on February 8, 2026, a –$20,000 (8%) change, approximately 0 days ago. This property has been on the market for approximately 130 days.

Unit 123 at 123 Sheraton Lane, Norwich, CT is a 3-bed, 2-bath, 1,280 square foot home built in 1973 , featuring apartment architecture. This residence is part of a 115-unit community. This home is part of a homeowners association, with dues of $584 paid monthly. The HOA fee includes: grounds maintenance, trash pickup, snow removal, heat, hot water, sewer, property management, pool service, and road maintenance.

This home is within the Norwich school district. Local, with nearby schools including Thomas W. Mahan.

MLS #: 24130094

Offered Price: $229,000

Residence Type: Condo/Co-Op

Architectural Style: Apartment

Living Area: 1,280 Sq. Ft.

Lot Size: 0.00 Acres

Neighborhood: N/A

County: New London

Year Built: 1973

Design & Construction: Brick

Heating: Hot Water

Cooling: Wall Unit

Garage Spaces: 0

Price per Sq Ft as listed: $179

Estimated Tax: $3,324

Days on Market: 130

$285,000

2 Beds · 3 Baths · 1,386 Sq Ft

73 Briar Lane, Norwich

$148,900

1 Beds · 1 Baths · 800 Sq Ft

150 Sheraton Lane, Norwich

$257,900

3 Beds · 2 Baths · 1,280 Sq Ft

118 Sheraton Lane, Norwich

$339,000

2 Beds · 2 Baths · 1,953 Sq Ft

152 Briar Lane, Norwich

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Gas In Street

Fuel Type: Hot Water

Fuel Tank Location: Not specified

Cooling System: Wall Unit

Hot Water System: Other

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $179 / Sq. Ft.

Tax assessed value: $95,500

Estimated Tax: $3,324

Architectural Style: Apartment

Design & Construction: Brick

Residence Type: Condo/Co-Op

Year Constructed: 1973

Living Area: 1,280 Sq. Ft.

Lot Size: 0.00 Acres

Fuel: Gas In Street

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AUTOMATED VALUATION ESTIMATE

Note: Computer-generated estimate, not an appraisal.

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Understanding This Valuation

The RPR AVM considers:

Recent sales of comparable properties
Property characteristics and location
Market trends in Norwich
Statistical modeling algorithms

Local Market Context

Active Listings: 114

Average Price: $266,212

Average DOM: 130 days

Complimentary CMAs, no obligation

Beautifully Maintained 3-Bedroom Condo in Prime Location! - This bright and spacious two-level condo offers 3 bedrooms, laundry room and a full bath upstairs, with a welcoming living room, dining area, half bath, and kitchen on the main floor. Enjoy hardwood floors throughout the lower level, a private balcony perfect for relaxing, and a brand-new refrigerator and range/oven plus an all-in-one washer/dryer. Located just steps away from shopping, the casino, the DMV, and with easy access to the highway, convenience is at your doorstep. The community features a large pool, and the HOA covers water, hot water, and heat-offering incredible value. Flooded with natural light, this home is ideal for buyers seeking comfort, location, and lifestyle.

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Flood Risk Assessment Water Body Detected Nearby

Water Proximity Detected: This property exhibits indicators suggesting nearby or referenced water features

Location Analysis:

Water features noted

Water Proximity:

Near water body

Topography:

Standard terrain

Water Indicators Found:

Water-related features referenced in listing details

Recommendations:

Professional flood assessment advised
Based on identified water-related indicators, flood insurance may warrant consideration
Consult FEMA Flood Maps for zone verification
Evaluate drainage systems
Review local flood history

Risk Level: Moderate

Property near water bodies. Consider flood insurance.

Walkability Score: calculating…
Motif Lifestyle Score: calculating…

Amenity Access Summary

Dining & Café Access: Low to Moderate
Daily Services: Limited
Recreational Space: Limited Nearby

How These Scores Are Calculated

These scores reflect the proximity and concentration of nearby amenities, measured against a typical town-center environment.

Walkability emphasizes access to daily necessities such as groceries, pharmacies, banking, and routine services.
Motif Lifestyle emphasizes dining, cafés, parks, and leisure destinations that contribute to neighborhood character and quality of life.

All scores are normalized on a 0–100 scale to allow consistent comparison across different locations.

114

Homes For Sale

$266,212

Average List Price

Mechanicals & Utilities: Hot Water • Gas In Street • Wall Unit • Public Water Connected water

Exterior Features

Exterior Construction: Brick

Garage: Parking Lot,Assigned Parking

Parking: 1 Total

Pool: Pool House,In Ground Pool

Utilities: Water: Public Water Connected

Only motif connects you to a certified
"Local Market Expert"

Steve Simos

Real Estate Advisor

Norwich • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

Verified Motif Advisor

(800) 555-0003

george@appzentric.com

Good evening Steve, I'm interested in
123 Sheraton Lane, Norwich, Connecticut

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