123 Sheraton Lane - Norwich, CT

$199,900

Beds

2.00

Baths

1,280

SqFt

0.00

Acres

Pricing Insight: Originally listed for $229,000, the price was last adjusted to $199,900 on May 27, 2026, a –$29,100 (12.7%) change, approximately 0 days ago. This property has been on the market for approximately 56 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 $676 paid monthly. The HOA fee includes: grounds maintenance, trash pickup, snow removal, heat, water, sewer, property management, and pool service.

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

MLS #: 24163739

Offered Price: $199,900

Residence Type: Condo/Co-Op

Architectural Style: Apartment

Living Area: 1,280 Sq. Ft.

Lot Size: 0.00 Acres

Neighborhood: Norwichtown

County: New London

Year Built: 1973

Design & Construction: Brick

Heating: Hot Water

Cooling: Wall Unit

Garage Spaces: 0

Price per Sq Ft as listed: $156

Estimated Tax: $3,324

Days on Market: 56

$199,900

2 Beds · 2 Baths · 1,320 Sq Ft

138 Sheraton Lane, Norwich

$149,000

1 Beds · 1 Baths · 837 Sq Ft

163 Sheraton Lane, Norwich

$148,900

1 Beds · 1 Baths · 800 Sq Ft

150 Sheraton Lane, Norwich

$235,000

3 Beds · 2 Baths · 1,280 Sq Ft

164 Sheraton Lane, Norwich

$185,000

2 Beds · 2 Baths · 1,079 Sq Ft

20 Henry Street, Norwich

$249,900

3 Beds · 2 Baths · 1,280 Sq Ft

118 Sheraton 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: $156 / 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: 116

Average Price: $315,265

Average DOM: 56 days

Complimentary CMAs, no obligation

Well maintained two level 3-bedroom, 1.5 bath home offering comfort, convenience, and great amenities. Enjoy access to fantastic community features, including an in-ground swimming pool and tennis court. ideal for an active and social lifestyle. The HOA included heat, HW, water, and sewer. Codon is located within walking distance to the Holiday Inn, Walmart and Big Y.

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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.

116

Homes For Sale

$315,265

Average List Price

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

Exterior Features

Exterior Construction: Brick

Pool: Pool House,In Ground Pool

Utilities: Water: Public Water Connected

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George Antonopoulos

Real Estate Advisor

Norwich • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

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(800) 555-0001

george@appzentric.com

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

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