163 Sheraton Lane - Norwich, CT

$149,000

Beds

1.00

Baths

837

SqFt

0.00

Acres

Pricing Insight: Originally listed for $149,000, the price has remained unchanged for approximately 44 days. This property has been on the market for approximately 44 days. MLS reports 27 Days on Market (DOM) before it went under contract.

Unit 163 at 163 Sheraton Lane, Norwich, CT is a 1-bed, 1-bath, 837 square foot home built in 1973 , featuring ranch,mid rise architecture. This residence is part of a 8-unit community. This home is part of a homeowners association, with dues of $628 paid monthly. The HOA fee includes: tennis, grounds maintenance, trash pickup, snow removal, heat, hot water, water, sewer, and property management. Community amenities include: pool and tennis courts.

This home is within the Norwich school district. Local, with nearby schools including Per Board of Ed.

MLS #: 24166346

Offered Price: $149,000

Residence Type: Condo/Co-Op

Architectural Style: Ranch,Mid Rise

Living Area: 837 Sq. Ft.

Lot Size: 0.00 Acres

Neighborhood: East Great Plains

County: New London

Year Built: 1973

Design & Construction: Frame

Heating: Hot Water

Cooling: Wall Unit

Garage Spaces: 0

Price per Sq Ft as listed: $178

Estimated Tax: $2,538

Days on Market: 27

$199,900

2 Beds · 2 Baths · 1,320 Sq Ft

138 Sheraton Lane, Norwich

$199,900

3 Beds · 2 Baths · 1,280 Sq Ft

123 Sheraton Lane, Norwich

$148,900

1 Beds · 1 Baths · 800 Sq Ft

150 Sheraton Lane, Norwich

$229,900

3 Beds · 2 Baths · 1,280 Sq Ft

164 Sheraton Lane, Norwich

$399,900

3 Beds · 3 Baths · 1,814 Sq Ft

211 Salem Turnpike, Norwich

$185,000

2 Beds · 2 Baths · 1,079 Sq Ft

20 Henry Street, Norwich

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Oil

Fuel Type: Hot Water

Fuel Tank Location: In Ground

Cooling System: Wall Unit

Hot Water System: 40 Gallon Tank

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $178 / Sq. Ft.

Tax assessed value: $72,900

Estimated Tax: $2,538

Architectural Style: Ranch,Mid Rise

Design & Construction: Frame

Residence Type: Condo/Co-Op

Year Constructed: 1973

Living Area: 837 Sq. Ft.

Lot Size: 0.00 Acres

Fuel: Oil

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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: 115

Average Price: $293,747

Average DOM: 27 days

Complimentary CMAs, no obligation

Live low-maintenance in this updated second-floor 1-bedroom, 1-bath condo - freshly painted with new LVT flooring and an updated galley kitchen with newer appliances. Heat, hot water and sewer are included. Spacious bedroom with abundant closet space, private deck for fresh-air enjoyment, and secure building entry. Coin-op laundry in the lower level. Prime location just outside the heart of Norwich with easy access to I-395, I-95, Route 2, Route 32, Three Rivers Community College and Connecticut College. Minutes to Walmart, Big Y, shopping, restaurants and both casinos - ideal for commuters, first-time buyers or investors. Association highlights: major exterior work completed including new roof, siding and paved parking lot. Ownership includes access to inground pool and tennis courts. Owner of unit may install a laundry area IN UNIT. All work MUST be completed by a licensed and insured professional - buyer to do their own diligence regarding laundry in unit and/or refer to rules and regulations. DO NOT miss this affordable opportunity in a well-maintained community with excellent amenities and convenient highway access.

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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.

115

Homes For Sale

$293,747

Average List Price

Mechanicals & Utilities: Hot Water • Oil • Wall Unit • Public Water Connected water

Exterior Features

Exterior Construction: Vinyl Siding,Brick

Garage: Paved,Parking Lot,Unassigned Parking

Parking: 2 Total

Patio/Deck: Balcony,Sidewalk,Awnings,Stone Wall

Pool: In Ground Pool

Utilities: Water: Public Water Connected

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"Local Market Expert"

Steve Simos

Real Estate Advisor

Norwich • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

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(800) 555-0003

george@appzentric.com

Good afternoon Steve, I'm interested in
163 Sheraton Lane, Norwich, Connecticut

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