NOT LISTED FOR SALE

Estimated Value: $281,000 - $403,000

0.42 Acre
$855,479 Price per Acre
18,295 Sq Ft Lot

Sale Details

Date Sold: December 4, 2020

Last sale price $22,500 $10 Per Sq Ft

Est. 1,256% increase in value since last sale

Current estimated payment $2,354 / mo

113 Days on Market

Highlights

  • 0.42 Acre Lot
  • Cul-De-Sac
  • Open Lot
  • No HOA

About This Lot

As of December 2020

Fantastic potential to build a 2 family home in a residential neighborhood. This property had an existing 2 family home that was originally built in 1900. The home has been removed. Zoning is now R20 residential but the zoning official stated that the new construction can be a 2 family home as long as it is built on the same footprint and has the same amount of bedrooms that the original building had. Double size lot with potential for subdividing.

Last Agent to Sell the Property

Mary Laroux

Vision Real Estate License #RES.0785760 Listed on: 07/17/2020

Vision Real Estate

Last Buyer's Agent

Toula Balestracci

eXp Realty License #RES.0795833

eXp Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 18,295 Sq Ft Lot
  • Cul-De-Sac
  • Open Lot
  • Legal Non-Conforming
  • Property is zoned R20

Utilities

  • Gas Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0.42 Acres

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 08/03/2020
  • Directions: Rt 12 to Bentley Ave.
  • Special Features: None

Exterior Features

  • Road Frontage Description: Municipal Street

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.4200
  • Lot Description: Non Conforming Lot, On Cul-De-Sac, Open Lot
  • Lot Improvements: Approved Building Lot, Sidewalk, Garage(S)
  • Lots Number Of: 1
  • Zoning: R20

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4609
  • Mil Rate Base: 42.380
  • Mil Rate Tax District: 6.090
  • Assessor Parcel Number: 2028927

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2011
Closed on
Jan 14, 2013
Sold by
Stevens Barbara
Bought by
Seller's Agent
Bette Giesing
IMT Realty
Buyer's Agent
Bette Giesing
IMT Realty
List Price
$225,000
Sold Price
$73,000
Premium/Discount to List
-$152,000
-67.56%
Current Estimated Value
$305,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,201
Avg. Annual Appreciation
12.37%
Original Mortgage
$54,750
Outstanding Balance
$6,866
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$352,435

Purchase Details

Closed on
Jul 25, 2007
Sold by
Wen Yanring and Wen Kun Chang
Bought by
Stevens Barbara

Purchase Details

Closed on
Oct 13, 1998
Sold by
King Donald E and King Janine M
Bought by
Wen Yan Rong and Wen Kun Chang

Purchase Details

Closed on
Jun 1, 1988
Sold by
Boyd Robert G
Bought by
King Donald

Purchase Details

Closed on
Jun 29, 1987
Sold by
Ohara Michael Lee
Bought by
Boyd Robert G
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central Norwich, CT

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$73,000 --
Stevens Barbara $235,000 --
Wen Yan Rong $89,000 --
King Donald $98,000 --
Boyd Robert G $80,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $54,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $22,500 -9.6% $10 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
08/07/2020 08/07/20 Price Changed $24,900 -37.6% $11 / Sq Ft
07/17/2020 07/17/20 For Sale $39,900 -45.3% $18 / Sq Ft
01/11/2013 01/11/13 Sold $73,000 -67.6% $32 / Sq Ft View Prior Sale
09/16/2012 09/16/12 Pending -- -- --
05/18/2011 05/18/11 For Sale $225,000 -- $100 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,037 $198,600 $50,900 $147,700
2024 $7,587 $198,600 $50,900 $147,700
2023 $5,404 $111,100 $31,500 $79,600
2022 $4,819 $99,400 $31,500 $67,900
2021 $1,620 $33,300 $31,500 $1,800
2020 $4,609 $95,100 $31,500 $63,600
2019 $4,564 $95,100 $31,500 $63,600
2018 $3,881 $80,200 $25,700 $54,500
2017 $3,909 $80,200 $25,700 $54,500
2016 $3,935 $80,200 $25,700 $54,500
2015 $3,854 $80,200 $25,700 $54,500
2014 $3,684 $80,200 $25,700 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170316480

SmartMLS

APN: NORW-000125-000002-000052

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