NOT LISTED FOR SALE

40 Roxbury Rd Niantic, CT 06357

Estimated Value: $364,967

11.39 Acres
$32,043 Price per Acre
496,148 Sq Ft Lot

Last Sold July 30, 2024

Last sale price $350,000 $175 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,184/month

1,102 Days on Market

Highlights

  • 11.39 Acre Lot
  • East Lyme Middle School Rated A-
  • Property is near golf course and shops

About This Lot

As of July 2024

Investors and developers take note!! 11+ acre residential parcel in a prime Niantic location!! Proposed use - affordable housing OR 7-9 one acre building lots for singe family residential homes. See attachments with listing. 2nd Ingress/egress off Cypress Way (Stoneywood Subdivision) cul-de-sac. Very little land this close to town , beaches and 95 ripe for development!! Final approvals based on preferred interest are the responsibility of the buyer.

Last Agent to Sell the Property

Mary Poola

William Raveis Real Estate License #REB.0755915 Listed on: 07/09/2021

William Raveis Real Estate

Last Buyer's Agent

Mary Poola

William Raveis Real Estate License #REB.0755915 Listed on: 07/09/2021

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,318

Lot Details

  • 11.39 Acre Lot
  • Property is zoned R40

Location

  • Property is near golf course and shops

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2718122

Property Details

Property Type

Land

Est. Annual Taxes

$3,318

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Lake, Library, Medical Facilities, Public Rec Facilities, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: rte 156 or Flanders Rd to Roxbury. Sign up on left very near Whiting Farms subdivision. Old Barn is on property as a marker
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Municipal Street, Paved Road

Utilities

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

Lot Info

  • Acres: 11.39
  • Lot Description: Level Lot Treed
  • Flood Zone: No
  • Lot Improvements: None
  • Lots Number Of: 1
  • Subdividable Ynu: Yes
  • Zoning: R40
  • Parcel #: 2718122

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3318

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2022
Sold by
Parente Catherine E
Bought by
40 Roxbury Llc
Current Estimated Value
$364,967
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
40 Roxbury Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $350,000 -12.5% $175 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
05/02/2022 05/02/22 Price Changed $399,900 -11.1% $200 / Sq Ft
07/09/2021 07/09/21 For Sale $450,000 -- $225 / Sq Ft
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 $3,527 $125,930 $125,930 $0
2024 $3,318 $125,930 $125,930 $0
2023 $3,133 $125,930 $125,930 $0
2022 $3,002 $125,930 $125,930 $0
2021 $3,133 $109,900 $109,900 $0
2020 $3,361 $118,510 $118,510 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Poola

    Seller's Agent in 2024

    Mary Poola

    William Raveis Real Estate

    (860) 625-1913

    58 in this area

    334 Total Sales

    Mary Poola
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Map

Source: SmartMLS

MLS Number: 170415609

SmartMLS

APN: ELYM M:016.1 B:030-1 L:00000

Connecticut New London County Niantic 06357

40 Roxbury Rd, Niantic, CT

Not Listed for Sale

Lots

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