$350,000

343 Old Colchester Rd Unit R Salem, CT 06420

Estimated payment $3,417/month

Total Views 13,267
3.07 Acres
$114,007 Price per Acre
133,729 Sq Ft Lot

About This Lot

This is an awesome opportunity for you to run your business in a build to suit lease option. The other option, you can purchase the land to build your own building. Owner is looking to either build on this location and lease space or sell the land to a commercial/industrial developer. Great location as it is rural and there are not many options in the immediate area, leaving potential pretty much unlimited. This spot is close to colchester, but not far off route 82 or 85, also pretty close access to route 2.

Listing Agent

Dale Bunn

Riverview Realty, LLC License #RES.0788367 Listed on: 06/24/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,812

Lot Details

  • 3.07 Acre Lot
  • Property fronts a state road

Utilities

  • Well Required

Listing and Financial Details

  • Assessor Parcel Number 1563223

Property Details

Property Type

Land

Est. Annual Taxes

$17,812

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Directions: GPS/CLA
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Street Number Modifier: 343R

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: State Road
  • Road Frontage Approximate: 446

Utilities

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

Lot Info

  • Acres: 3.07
  • Lot Description: Additional Land Avail. Level Lot Open Lot
  • Lot Improvements: None
  • Lots Number Of: 1
  • Zoning: B
  • Parcel #: 1563223

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 17812
  • Total Assessed Value: 589800
  • Mil Rate Total: 30.2

Map

Range of Values:

Collateral Analytics

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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

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
2022 $5,440 $188,900 $42,300 $146,600
2021 $15,260 $473,910 $230,010 $243,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 For Sale $350,000 -- --
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $300,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $230,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $228,600 Balloon
Previous Owner $550,000 No Value Available
Previous Owner $137,500 No Value Available
Source: Public Records

Source: SmartMLS

MLS Number: 24027927

SmartMLS

APN: SALE M:12 B:023 L:000

Connecticut New London County Salem 06420

343 Old Colchester Rd Unit R, Salem, CT

This home is located at 343 Old Colchester Rd Unit R, Salem, CT 06420 and is currently priced at $350,000. 343 Old Colchester Rd Unit R is a home located in New London County with nearby schools including Salem Elementary School and St. Thomas More School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Dale Bunn
Listing Agent
Dale Bunn
Section Image
Riverview Realty, LLC
(860) 931-7152