$85,000
SOLD JAN 3, 2025

31 Joseph Ln Colchester, CT 06415

4.34 Acres
$19,585 Price per Acre
189,050 Sq Ft Lot

Recently Sold

29% Below List Price

119 Days on Market

Highlights

  • 4.34 Acre Lot
  • William J. Johnston Middle School Rated A-
  • Cul-De-Sac

About This Lot

As of January 2025

Bring your builder, or buy now, build later, the hard part has been done for you! Here is a chance to live in preexisting neighborhood, on a 4.34-acre lot, with a brand new drilled well & pump, 600 feet of power installed, with 200-amp power board, trees cleared for home site and more, pea gravel driveway. Owner has 4-bedroom septic design engineered plans that were approved, even an approved home design. The lot entrance is at the end of the Cul de sac, private flag lot, absolutely lovely piece of land. Convenient to Route 2, 4 miles to grocery stores, dining, shopping, gas, and more! Not ready to build, buy now, and proceed when you prefer. Schedule your lot viewing today through Showingtime.

Last Agent to Sell the Property

Melanie Taylor

Berkshire Hathaway NE Prop. License #RES.0826264 Listed on: 08/24/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Erin Pepas

RE/MAX on the Bay License #REB.0792942

RE/MAX on the Bay

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,405

Lot Details

  • 4.34 Acre Lot
  • Cul-De-Sac
  • Property is zoned RU

Utilities

  • Private Company Owned Well

Listing and Financial Details

  • Assessor Parcel Number 2334551

Property Details

Property Type

Land

Est. Annual Taxes

$1,405

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Lebanon Avenue, to Elm Street, to Chestnut Hill Road, left on Joseph Lane, driveway at the end of the street.
  • Financing Used: Cash
  • Street Type: Lane
  • Special Features: None

Interior Features

  • Street Number Modifier: 31

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Cul-De-Sac, Paved Road

Utilities

  • Water Source: Private Well
  • Sewer: Septic
  • Utilities Available: Electric
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Schools

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

Lot Info

  • Acres: 4.34
  • Lot Description: Secluded Treed Level Lot Sloping Lot On Cul-De-Sac Cleared
  • Lot Improvements: Approved Building Lot
  • Zoning: RU
  • Parcel #: 2334551

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 1405
  • Total Assessed Value: 49000
  • Mil Rate Total: 28.67

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2024
Closed on
Jan 3, 2025
Sold by
Castillo William
Bought by
Melia Harold and Melia Leigh K
Seller's Agent
Melanie Taylor
Berkshire Hathaway NE Prop.
Buyer's Agent
Erin Pepas
RE/MAX on the Bay
List Price
$120,000
Sold Price
$85,000
Premium/Discount to List
-$35,000
-29.17%
Views
133
Current Estimated Value
$86,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,719
Avg. Annual Appreciation
1.79%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $85,000 None Available
Warranty Deed $85,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $381,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $85,000 -22.7% --
12/21/2024 12/21/24 Pending -- -- --
10/07/2024 10/07/24 Price Changed $109,900 -8.4% --
08/24/2024 08/24/24 For Sale $120,000 +226.1% --
10/06/2021 10/06/21 Sold $36,800 0.0% --
08/13/2021 08/13/21 Pending -- -- --
06/17/2021 06/17/21 Price Changed $36,800 -18.0% --
01/15/2020 01/15/20 For Sale $44,900 -- --
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 $1,466 $49,000 $49,000 $0
2024 $1,405 $49,000 $49,000 $0
2023 $1,334 $49,000 $49,000 $0
2022 $1,327 $49,000 $49,000 $0
2021 $1,718 $52,300 $52,300 $0
2020 $1,718 $52,300 $52,300 $0
2019 $1,718 $52,300 $52,300 $0
2018 $1,688 $52,300 $52,300 $0
2017 $1,693 $52,300 $52,300 $0
2016 $2,056 $66,500 $66,500 $0
2015 $2,046 $66,500 $66,500 $0
2014 $2,033 $66,500 $66,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24041926

SmartMLS

APN: COLC-000003-000003-000026-000007F