16 FRANKLIN ST
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Location
16 FRANKLIN ST
Mblu
102/ 3/ 31/ /
Acct#
0112110001
Owner
THAYER 2025 LLC
Total Market Value
$1,410,200
Appraisal
$2,014,400
PID
11051
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$1,902,300$112,100$2,014,400
Assessment
Valuation YearImprovementsLandTotal
2024$1,331,700$78,500$1,410,200

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerTHAYER 2025 LLC
Address16 FRANKLIN ST
NORWICH , CT 06360
Sale Price$2,200,000
Certificate
Book & Page 3584/0886
Sale Date11/20/2025
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
THAYER 2025 LLC$2,200,000 3584/08860011/20/2025
MF BLUE VALLEY APARTMENTS LLC$0 3581/07061410/02/2025
FEDERAL NATIONAL MORTGAGE ASSOCIATION$0 3565/07121401/21/2025
THAYER DEVELOPMENT GROUP LLC$800,000 2097/03250006/03/2005
CCM ASSOCIATES LLC$360,000 1719/01140012/10/2002

Building Information
Building 1 : Section 1
Year Built: 1915
Living Area: 39,293
Replacement Cost: $3,576,016
Building Percent Good: 51
Replacement Cost
Less Depreciation:
$1,823,800
Building Attributes
FieldDescription
Style:Apts/Store-Office
ModelCommercial
GradeAbove Ave
Stories:4
Occupancy36.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Stucco/Masonry
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelOil
Heating TypeSteam
AC TypeCentral
Bldg UseSTORE/SHOP M-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3400
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 29,409 29,409
BASFirst Floor 9,884 9,884
FOPPorch, Open, 304 0
UBMBasement, Unfinished 9,884 0
   49,481 39,293

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELEVElevator4.00 STOPS$51,0001
SPR1Sprinklers39292.00 S.F.$20,0001

Land
Land Use
Use Code0322
DescriptionSTORE/SHOP M-94  
NeighborhoodC050
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.4
Frontage0
Depth0
Total Market Land$78,500
Appraised Value$112,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asphalt  5000.00 S.F.$7,5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,902,300$112,100$2,014,400
2024$1,902,300$112,100$2,014,400
2023$1,902,300$112,100$2,014,400

Assessment
Valuation YearImprovementsLandTotal
2025$1,331,700$78,500$1,410,200
2024$1,331,700$78,500$1,410,200
2023$1,331,700$78,500$1,410,200

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