NOT LISTED FOR SALE

24 Butternut Dr Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $42,968 - $45,000

0.96 Acre
$45,475 Price per Acre
41,818 Sq Ft Lot

Last Sold June 09, 2023

Last sale price $7,000

Est. 524% increase in value since last sale

Current estimated payment $274/month

37 Days on Market

Highlights

  • 0.96 Acre Lot
  • No HOA
  • Property is near shops
  • Partially Wooded Lot

About This Lot

As of June 2023

Wonderful Norwich location (lot) on a picturesque cul-de-sac. Convenient location near NFA, Mohegan Park and area amenities. .96 acres conforms to square footage - set back 50'. R40 zoned property. Please note bordering property at 235 McKinley Avenue Extension is also available. See MLS 170562307.

Last Agent to Sell the Property

Dave Thomas

William Pitt Sotheby's Int'l License #RES.0781521 Listed on: 04/13/2023

William Pitt Sotheby's Int'l

Last Buyer's Agent

Wallace Freitas

RE/MAX Precision Realty License #RES.0813259

RE/MAX Precision Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.96 Acre Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Many Trees
  • Property is zoned R40

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Norwich Free Academy High School

Utilities

  • Well Required

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Public Rec Facilities, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Special Features: None

Exterior Features

  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.9600
  • Lot Description: Lightly Wooded, Rocky, Sloping Lot, Treed
  • Flood Zone: No
  • Lots Number Of: 1
  • Zoning: R40

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 1343
  • Mil Rate Base: 42.180
  • Mil Rate Tax District: 6.300
  • Assessor Parcel Number: 2412214

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 9, 2023
Sold by
Mac Designs Llc
Bought by
Pancas Services Llc
Seller's Agent
Dave Thomas
William Pitt Sotheby's Int'l
Buyer's Agent
Wallace Freitas
RE/MAX Precision Realty
List Price
$19,500
Sold Price
$7,000
Premium/Discount to List
-$12,500
-64.1%
Views
129
Current Estimated Value
$43,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,656
Avg. Annual Appreciation
111.09%
Original Mortgage
$24,200
Outstanding Balance
$23,506
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$20,150

Purchase Details

Closed on
Jul 23, 2004
Sold by
Carter Marie Est and Carter
Bought by
Mac Designs Llc
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
Pancas Services Llc $7,000 None Available
Pancas Services Llc $7,000 None Available
Mac Designs Llc $38,000 --
Mac Designs Llc $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pancas Services Llc $24,200
Closed Pancas Services Llc $24,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $7,000 -64.1% --
05/20/2023 05/20/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $19,500 -- --
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 $1,586 $39,200 $39,200 $0
2024 $1,497 $39,200 $39,200 $0
2023 $1,347 $27,700 $27,700 $0
2022 $1,343 $27,700 $27,700 $0
2021 $1,347 $27,700 $27,700 $0
2020 $1,343 $27,700 $27,700 $0
2019 $1,329 $27,700 $27,700 $0
2018 $1,757 $36,300 $36,300 $0
2017 $1,769 $36,300 $36,300 $0
2016 $1,781 $36,300 $36,300 $0
2015 $1,745 $36,300 $36,300 $0
2014 $1,667 $36,300 $36,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Thomas

    Seller's Agent in 2023

    Dave Thomas

    William Pitt

    (860) 367-1452

    7 in this area

    63 Total Sales

    Dave Thomas
    Section Image
  • Wallace Freitas

    Buyer's Agent in 2023

    Wallace Freitas

    RE/MAX

    (860) 553-4560

    5 in this area

    104 Total Sales

    Wallace Freitas
    Section Image
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Map

Source: SmartMLS

MLS Number: 170562302

SmartMLS

APN: NORW-000085-000001-000025

Connecticut New London County Norwich 06360 Central Norwich

24 Butternut Dr, Norwich, CT

Not Listed for Sale

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