NOT LISTED FOR SALE

3 Crown St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $57,000 - $340,000

0.66 Acre
$216,350 Price per Acre
28,750 Sq Ft Lot

Sale Details

Date Sold: October 4, 2023

Last sale price $60,000

Est. 138% increase in value since last sale

Current estimated payment $960 / mo

66 Days on Market

Highlights

  • Waterfront
  • Property is near golf course and public transit
  • Cul-De-Sac
  • 0.66 Acre Lot
  • No HOA
  • Public Transportation

About This Lot

As of October 2023

This is a .66 acre water front lot that has been cleared along with .06 acre at 289 Laurel Hill Ave. It can be used for a multitude of things. Potentially could have new build single family, duplex, or 2 Tiny Houses that could be lived in or rented out. You can do many things with these two lots. TO BE SOLD AS A PACKAGE WITH 289 LAUREL HILL AVE. a separate connecting lot. Owner has survey that shows it can be combined to one lot if you want or keep it as 2 lots.

Last Agent to Sell the Property

Gary Peacock

Berkshire Hathaway NE Prop. License #REB.0792925 Listed on: 06/23/2023

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Tracy Cooley

Berkshire Hathaway NE Prop. License #RES.0805533

Berkshire Hathaway NE Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,863

Lot Details

  • 28,750 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Open Lot
  • Sloped Lot
  • Cleared Lot
  • 2 Lots in the community
  • Property is zoned MF

Schools

  • Uncas Elementary School

Additional Features

  • Water Views
  • Property is near golf course and public transit
  • Gas Available

Community Details

  • No Home Owners Association
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$1,863

Lot Details

0.66 Acres

Listing Details

  • Neighborhood: Laurel Hill
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Basketball Court, Golf Course, Public Transportation
  • Remarks Public Addendum: The MLS Tax information is for 3 Crown St. 289 Laurel Hill Ave 2022 Taxes were $684 on .06 acres with 41' road access
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Tax Year Updated Dt: 07/03/2023
  • Directions: Laurel Hill to Crown.
  • Special Features: None

Exterior Features

  • Waterfront Description: Direct Waterfront
  • Road Frontage Description: Municipal Street

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric Available, Gas Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.6600
  • Lot Description: On Cul-De-Sac, Open Lot, Cleared, Water View, Sloping Lot
  • Lot Improvements: Approved Building Lot, Rough Graded
  • Lots Number Of: 2
  • Zoning: MF

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 1863
  • Mil Rate Base: 41.850
  • Mil Rate Tax District: 6.790
  • Assessor Parcel Number: 2417186

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Sep 29, 2023
Sold by
Ideal Development Llc
Bought by
Idcs Inc
Seller's Agent
Gary Peacock
Berkshire Hathaway NE Prop.
Buyer's Agent
Tracy Cooley
Berkshire Hathaway NE Prop.
List Price
$84,900
Sold Price
$60,000
Premium/Discount to List
-$24,900
-29.33%
Views
147
Current Estimated Value
$142,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,791
Avg. Annual Appreciation
40.69%

Purchase Details

Listed on
Jun 28, 2020
Closed on
Jun 7, 2021
Sold by
Waterview Realty Inc
Bought by
Ideal Development Llc
Seller's Agent
Natuzza Dimasi
William Raveis Real Estate
Buyer's Agent
Natuzza Dimasi
William Raveis Real Estate
List Price
$44,900
Sold Price
$30,000
Premium/Discount to List
-$14,900
-33.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.82%
Original Mortgage
$40,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2007
Sold by
Syragakis John
Bought by
Waterview Realty Inc
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
Idcs Inc -- None Available
Idcs Inc -- None Available
Ideal Development Llc $30,000 None Available
Ideal Development Llc $30,000 None Available
Ideal Development Llc $30,000 None Available
Waterview Realty Inc $112,500 --
Waterview Realty Inc $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ideal Development Llc $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2023 10/04/23 Sold $60,000 -29.3% --
08/28/2023 08/28/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $84,900 +183.0% --
06/08/2021 06/08/21 Sold $30,000 -33.2% -- View Prior Sale
05/13/2021 05/13/21 Price Changed $44,900 0.0% --
05/13/2021 05/13/21 For Sale $44,900 0.0% --
03/11/2021 03/11/21 Pending -- -- --
06/28/2020 06/28/20 For Sale $44,900 -- --
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 $2,497 $61,700 $61,700 $0
2024 $2,357 $61,700 $61,700 $0
2023 $1,863 $38,300 $38,300 $0
2022 $1,857 $38,300 $38,300 $0
2021 $1,863 $38,300 $38,300 $0
2020 $1,856 $38,300 $38,300 $0
2019 $1,838 $38,300 $38,300 $0
2018 $1,515 $31,300 $31,300 $0
2017 $1,526 $31,300 $31,300 $0
2016 $1,536 $31,300 $31,300 $0
2015 $1,504 $31,300 $31,300 $0
2014 $1,438 $31,300 $31,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Peacock

    Seller's Agent in 2023

    Gary Peacock

    Berkshire Hathaway Home Services

    (719) 314-9898

    6 in this area

    34 Total Sales

    Gary Peacock
    Section Image
  • Tracy Cooley

    Buyer's Agent in 2023

    Tracy Cooley

    Berkshire Hathaway Home Services

    (860) 884-5529

    1 in this area

    29 Total Sales

    Tracy Cooley
    Section Image
  • Natuzza Dimasi

    Seller's Agent in 2021

    Natuzza Dimasi

    William Raveis Real Estate

    (203) 715-3500

    4 in this area

    199 Total Sales

    Natuzza Dimasi
    Section Image
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Map

Source: SmartMLS

MLS Number: 170579306

SmartMLS

APN: NORW-000118-000002-000013

Connecticut New London County Norwich 06360 Central Norwich

3 Crown St, Norwich, CT

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