NOT LISTED FOR SALE

21 Surrey Ln Norwich, CT 06360

East Great Plains Neighborhood

Estimated Value: $327,000 - $350,200

5.18 Acres
$65,830 Price per Acre
225,510 Sq Ft Lot

Last Sold May 01, 2018

Last sale price $115,000 $63 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $2,336/month

176 Days on Market

Highlights

  • 5.18 Acre Lot
  • No HOA
  • Many Trees

About This Lot

As of May 2018

Two contiguous Industrial parcels with Zone Light Industrial.
- 242 Butlertown Rd. has 2.39 Acres For Sale $115,000 See E10171083 (adjacent lot)
- 254 Butlertown Rd. has 5.17 Acres For Sale $115,000
Close to highly visible Route 85. Also close to both I-395 and I-95.


PERMITTED USES: Office, R&D, Warehouse, Outside Storage, Wholesale, Lumber, Auto/Equipment Dealer…

BY SPECIAL PERMIT: School, Indoor Recreation, Day Care, Concrete Plant, Excavation, Ambulance Company, etc…

Last Agent to Sell the Property

Norm Peck

Signature Properties of NewEng License #RES.0528743 Listed on: 09/27/2016

Last Buyer's Agent

Connie Howard

U.S. Properties Real Estate Services, LLC License #RES.0798067

Property Details

Property Type

  • Land

Lot Details

  • 5.18 Acre Lot
  • Many Trees
  • Property is zoned Industrial

Schools

  • Pboe High School

Utilities

  • Well Required
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Industrial Land
  • Direct Waterfront: No
  • Directions: I-395 Exit 2 (old exit 77). Go north on Route 85. Take left onto Lake Pond Road. Take right onto Butlertown Road. About 1.2 miles on left.
  • Special Features: None

Exterior Features

  • Road Frontage Description: Paved Road, Municipal Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 5.1770
  • Lot Description: Treed
  • Development Status: Raw Land
  • Subdividable Ynu: Unknown
  • Zoning: Industrial

Tax Info

  • Assessor Parcel Number: 999999999

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2018
Sold by
Zhang Shu G and Ren Yue Y
Bought by
Zhang Beibei
Current Estimated Value
$340,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Outstanding Balance
$22,226
Interest Rate
4.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$318,574

Purchase Details

Listed on
Sep 27, 2016
Closed on
Mar 5, 2018
Sold by
Zhang Shu G and Ren Yue Y
Bought by
Zhang Shu G and Ren Yue Y
Seller's Agent
Norm Peck
Signature Properties of NewEng
Buyer's Agent
Connie Howard
U.S. Properties Real Estate Services, LLC
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.07%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Latourneau Frank and Latourneau Joanne
Bought by
Zhang Shu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.76%
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
Zhang Beibei -- --
Zhang Beibei -- --
Zhang Shu G -- --
Zhang Shu G -- --
Zhang Shu $240,000 --
Zhang Shu $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Beibei $58,500
Previous Owner Zhang Shu $110,000
Previous Owner Zhang Shu $186,000
Previous Owner Zhang Shu $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $115,000 0.0% $63 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
09/27/2016 09/27/16 For Sale $115,000 -- $63 / Sq Ft
Source: SmartMLS

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 $6,757 $194,100 $56,600 $137,500
2024 $6,454 $194,100 $56,600 $137,500
2023 $4,612 $110,200 $30,700 $79,500
2022 $4,648 $110,200 $30,700 $79,500
2021 $4,667 $110,200 $30,700 $79,500
2020 $4,670 $110,200 $30,700 $79,500
2019 $4,479 $110,200 $30,700 $79,500
2018 $4,590 $110,700 $37,100 $73,600
2017 $4,339 $106,700 $37,100 $69,600
2016 $4,448 $106,700 $37,100 $69,600
2015 $4,416 $106,700 $37,100 $69,600
2014 $4,166 $106,700 $37,100 $69,600
Source: Public Records

Agents Affiliated with this Home

  • Norm Peck

    Seller's Agent in 2018

    Norm Peck

    Signature Properties of NewEng

    (860) 451-8293

    27 Total Sales

    Norm Peck
    Section Image
  • Connie Howard

    Buyer's Agent in 2018

    Connie Howard

    U.S. Properties Real Estate Services, LLC

    (860) 439-0663

    1 in this area

    58 Total Sales

    Connie Howard
    Section Image
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Map

Source: SmartMLS

MLS Number: E10171086

SmartMLS

APN: NORW-000115-000002-000062

Connecticut New London County Norwich 06360 East Great Plains

21 Surrey Ln, Norwich, CT

Not Listed for Sale

Lots

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