NOT LISTED FOR SALE

17 Elwood Ln Norwich, CT 06360

Taftville Neighborhood

Estimated Value: $52,000 - $256,000

1 Acre
$186,000 Price per Acre
43,560 Sq Ft Lot

Last Sold December 23, 2020

Last sale price $17,000

Est. 994% increase in value since last sale

Current estimated payment $1,189/month

772 Days on Market

Highlights

  • 1 Acre Lot
  • Partially Wooded Lot
  • Cul-De-Sac
  • Property is near public transit
  • No HOA
  • Public Transportation

About This Lot

As of December 2020

Build your home in country and still enjoy near by city living. Last lot on Elwood Lane cul-de-sac. Easy access to Rte 395

Last Agent to Sell the Property

John Peterson

Signature Properties of NewEng License #RES.0535452 Listed on: 10/09/2018

Last Buyer's Agent

Susan Swain

Dependable Realty, LLC License #REB.0755661

Property Details

Property Type

  • Land

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Partially Wooded Lot

Location

  • Property is near public transit

Utilities

  • Well Required
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Public Transportation

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Neighborhood: Taftville
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Nearby Amenities: Basketball Court, Park, Public Transportation
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 08/03/2020
  • Directions: Rte 395 exit 18 rt onto rte 97, Right onto Mish Drive Left onto Myron St Right Clearview Drive and Left onto Elwood Lane Lot on Cul-de-sac.
  • Special Features: None

Interior Features

  • Street Number Modifier: 17

Exterior Features

  • Road Frontage Description: Municipal Street, Cul-De-Sac, Paved Road
  • Road Frontage Approximate: 30

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 1.0000
  • Lot Description: On Cul-De-Sac, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Lot Improvements: Curb Cut(s), Sidewalk
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: Residental

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 1738
  • Total Assessed Value: 41000
  • Mil Rate Base: 42.380
  • Mil Rate Total: 42.380
  • Assessor Parcel Number: 2415631

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Dec 23, 2020
Sold by
Lane Thomas W and Lane Roberta M
Bought by
Dependable Contracting
Seller's Agent
John Peterson
Signature Properties of NewEng
Buyer's Agent
Susan Swain
Dependable Realty, LLC
List Price
$25,000
Sold Price
$17,000
Premium/Discount to List
-$8,000
-32%
Total Days on Market
772
Current Estimated Value
$186,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,000
Avg. Annual Appreciation
46.33%
Source: Public Records

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Range of Values:

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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
Dependable Contracting -- None Available
Dependable Contracting -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $17,000 -25.8% --
11/19/2020 11/19/20 Pending -- -- --
10/07/2020 10/07/20 Price Changed $22,900 +34.7% --
07/11/2019 07/11/19 Off Market $17,000 -- --
06/17/2019 06/17/19 Price Changed $25,000 0.0% --
06/17/2019 06/17/19 For Sale $25,000 -16.7% --
02/21/2019 02/21/19 Price Changed $30,000 -14.3% --
10/09/2018 10/09/18 For Sale $35,000 -- --
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
2024 $1,736 $52,200 $52,200 $0
2023 $1,716 $41,000 $41,000 $0
2022 $1,729 $41,000 $41,000 $0
2021 $1,736 $41,000 $41,000 $0
2020 $1,738 $41,000 $41,000 $0
2019 $1,666 $41,000 $41,000 $0
2018 $1,418 $34,200 $34,200 $0
2017 $1,391 $34,200 $34,200 $0
2016 $1,426 $34,200 $34,200 $0
2015 $1,416 $34,200 $34,200 $0
2014 $1,335 $34,200 $34,200 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Peterson

    Signature Properties of NewEng

    Section Image
  • Susan Swain

    Buyer's Agent in 2020

    Susan Swain

    Dependable Realty, LLC

    (860) 625-1485

    1 in this area

    10 Total Sales

    Susan Swain
    Section Image
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Map

Source: SmartMLS

MLS Number: 170132793

SmartMLS

APN: NORW-000032-000001-000049

Connecticut New London County Norwich 06360 Taftville

17 Elwood Ln, Norwich, CT

This home is located at 17 Elwood Ln, Norwich, CT 06360 since 09 October 2018 and is currently estimated at $186,000. 17 Elwood Ln is a home located in New London County with nearby schools including Moriarty Environmental Sciences Magnet School, Kelly STEAM Magnet Middle School, and Sacred Heart School.

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