NOT LISTED FOR SALE

Estimated Value: $522,746

1.14 Acres
$458,549 Price per Acre
49,658 Sq Ft Lot

Last Sold February 02, 2015

Last sale price $220,000

Est. 138% increase in value since last sale

Current estimated payment $3,262/month

352 Days on Market

Highlights

  • 1.14 Acre Lot
  • Paved or Partially Paved Lot
  • 4-minute walk to Murphy-Trainor Memorial Park
  • Public Transportation

About This Lot

As of February 2015

Well located, M-2 zone, Multi-use parcel. Priced to Sell and subject to U.S. Bankruptcy Court Approval. Allowed uses include industrial, Warehouse, Commercial and Professional Offices.

Last Agent to Sell the Property

Peter Scotti

Peter M. Scotti & Assoc.,Inc. License #REB.0014864 Listed on: 01/08/2014

Last Buyer's Agent

Peter Scotti

Peter M. Scotti & Assoc.,Inc. License #REB.0014864 Listed on: 01/08/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,900

Lot Details

  • 1.14 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned M-2, General Business,Industrial-Light,Residential

Community Details

  • Niantic Subdivision
  • Public Transportation

Listing and Financial Details

  • Legal Lot and Block 1284 / 4
  • Assessor Parcel Number 411NIANTICAVCRAN

Property Details

Property Type

Land

Est. Annual Taxes

$3,900

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.14
  • Road Frontage Type: City Street
  • Subdivision Name: NIANTIC
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Commercial, Industrial, Mixed Use

Exterior Features

  • Lot Features: Paved, Level
  • Topography: Level

Utilities

  • Sewer: Sanitary
  • Utilities: Electricity Available, Natural Gas Available, Municipal Utilities, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Public Transportation, Street Lights
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 49659.0
  • Parcel #: 411NIANTICAVCRAN
  • Zoning Description: General Business,Industrial-Light,Residential
  • Zoning: M-2

Tax Info

  • Tax Annual Amount: 3900.0
  • Tax Block: 4
  • Tax Lot: 1284
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2014
Sold by
Palumbo Peter and Valelli Michael J
Bought by
Valelli Michael J
Current Estimated Value
$522,746
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
Valelli Michael J -- --
Palumbo Peter $220,000 --
Valelli Michael J -- --
Valelli Michael J -- --
Palumbo Peter $220,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2015 02/02/15 Sold $220,000 -15.1% --
01/03/2015 01/03/15 Pending -- -- --
01/15/2014 01/15/14 For Sale $259,000 -- --
Source: State-Wide MLS

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 $6,242 $299,800 $299,800 $0
2024 $6,122 $299,800 $299,800 $0
2023 $7,286 $257,000 $257,000 $0
2022 $7,137 $257,000 $257,000 $0
2021 $6,939 $257,000 $257,000 $0
2020 $6,780 $217,600 $217,600 $0
2019 $6,780 $217,600 $217,600 $0
2018 $6,624 $217,600 $217,600 $0
2017 $6,837 $198,700 $198,700 $0
2016 $6,692 $198,700 $198,700 $0
2015 $6,692 $198,700 $198,700 $0
2014 $5,869 $171,300 $171,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1058167

State-Wide MLS

APN: CRAN-000006-000004-001284