NOT LISTED FOR SALE

114 Vergason Ave Norwich, CT 06360

Yantic Neighborhood

Estimated Value: $428,000 - $522,000

1.01 Acres
$459,134 Price per Acre
43,996 Sq Ft Lot

Last Sold March 11, 2021

Last sale price $22,000

Est. 2,008% increase in value since last sale

Current estimated payment $3,256/month

186 Days on Market

About This Lot

As of March 2021

Great time for purchasing land for your new construction home. And at this price (below assessed value) this is the ideal lot to do it on! Perc rates and test data from original subdivision plan filed beginning 1988. Wooded lot in Norwichtown location. Short distance to highway and all conveniences. Town map 334, lot 7 on subdivision map 259.

Last Agent to Sell the Property

Alan Berman

Signature Properties of NewEng License #REB.0050180 Listed on: 08/03/2020

Last Buyer's Agent

Ashley Young

Coldwell Banker Realty License #RES.0812972

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 1.01 Acre Lot
  • Many Trees

Schools

  • Norwich Free Academy High School

Utilities

  • Well Required
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Neighborhood: Norwichtown
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 08/03/2020
  • Directions: West Town St to Vergason Ave. Lot will be on left across from Brookside Dr.
  • Special Features: None

Exterior Features

  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric, Cable
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 1.0100
  • Lot Description: Treed
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 1835
  • Mil Rate Base: 42.380
  • Assessor Parcel Number: 2415815

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Custom Designed Modular
Bought by
Yap Ahmed G
Current Estimated Value
$463,725

Purchase Details

Listed on
Aug 3, 2020
Closed on
Feb 25, 2021
Sold by
Found Elizabeth P
Bought by
Custom Designed Modular
Seller's Agent
Alan Berman
Signature Properties of NewEng
Buyer's Agent
Ashley Young
Coldwell Banker Realty
List Price
$24,900
Sold Price
$22,000
Premium/Discount to List
-$2,900
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yap Ahmed G $322,000 None Available
Yap Ahmed G $322,000 None Available
Custom Designed Modular -- None Available
Custom Designed Modular -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $22,000 -11.6% --
02/05/2021 02/05/21 Pending -- -- --
08/03/2020 08/03/20 For Sale $24,900 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,775 $280,800 $51,000 $229,800
2024 $9,337 $280,800 $51,000 $229,800
2023 $7,345 $175,500 $43,300 $132,200
2022 $7,403 $175,500 $43,300 $132,200
2021 $1,834 $43,300 $43,300 $0
2020 $1,835 $43,300 $43,300 $0
2019 $1,760 $43,300 $43,300 $0
2018 $2,052 $49,500 $49,500 $0
2017 $2,013 $49,500 $49,500 $0
2016 $2,064 $49,500 $49,500 $0
2015 $2,049 $49,500 $49,500 $0
2014 $1,932 $49,500 $49,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Alan Berman

    Seller's Agent in 2021

    Alan Berman

    Signature Properties of NewEng

    (860) 334-5004

    6 in this area

    56 Total Sales

    Alan Berman
    Section Image
  • Ashley Young

    Buyer's Agent in 2021

    Ashley Young

    Coldwell Banker Realty

    (860) 822-3997

    1 in this area

    8 Total Sales

    Ashley Young
    Section Image
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Map

Source: SmartMLS

MLS Number: 170322963

SmartMLS

APN: NORW-000042-000001-000011

Connecticut New London County Norwich 06360 Yantic

114 Vergason Ave, Norwich, CT

Not Listed for Sale

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