NOT LISTED FOR SALE

470 Norwich Rd Unit 19 Salem, CT 06420

1 Bed
1 Bath
916 Sq Ft
43.13 Acres

Highlights

  • 43.13 Acre Lot
  • Cape Cod Architecture
  • 1 Car Attached Garage
  • Salem Elementary School Rated A-
  • No HOA
  • Central Air

About This Home

As of March 2023

Newly constructed 55+ units in lovely Salem, CT. This development is centrally located for ultimate convenience, with a 3 minute drive to Gardner Lake, 10 minute drive to the local grocery, & 20 minutes to the shoreline. One floor living with an open
floor plan, stainless steel appliances, vinyl plank low maintenance floors throughout, & a generous deck off of the kitchen. Pets
are welcome, restrictions do apply. All units come with an attached one car garage creating ultimate convenience for our long winter months in New England. Schedule your private viewing today!

Last Agent to Rent the Property

Victoria Tuttle

William Raveis Real Estate License #RES.0815488 Listed on: 01/17/2023

William Raveis Real Estate

Last Renter's Agent

Victoria Tuttle

William Raveis Real Estate License #RES.0815488 Listed on: 01/17/2023

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $131,886

Year Built

  • Built in 2022

Lot Details

  • 43.13 Acre Lot
  • Property is zoned RU-A

Home Design

  • Cape Cod Architecture
  • Shingle Siding

Interior Spaces

  • 916 Sq Ft Home
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Driveway

Schools

  • Salem Elementary School

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$131,886

Year Built

Built in 2022

Lot Details

0

Rental Info

  • Landlord Requirements: Credit Check, Security Deposit, Lease Required
  • Landlord Responsibility: Property Management, Snow Removal, Trash Service
  • Lease Price Description: Per Month
  • Pets Allowed: Yes
  • Rental Duration: Yearly Unfurnished
  • Security Deposit Details: First Month Last Month
  • Smoking Allowed: No
  • Tenant Responsibility: All Utilities

Listing Details

  • Property Type: Residential Rental
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 916
  • Total Sq Ft: 916
  • Year Built: 2022
  • New Construction: Completed/Never Occupied
  • Property Sub Type: Condominium Rental
  • Direct Waterfront: No
  • Directions: Route 11, to Route 82
  • Special Features: NewHome

Interior Features

  • Room Count: 1
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Appliances: Electric Cooktop, Refrigerator, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 470

Exterior Features

  • Exterior Siding: Shingle
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 43.1300
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU-A
  • Property Info: Adult Community 55

Multi Family

  • Total Num Of Units: 6

Tax Info

  • Assessor Parcel Number: 1563204

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Rmd Land Dev Llc
Bought by
Salem Apt Llc
Total Days on Market
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Outstanding Balance
$7,429,693
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2021
Sold by
Gadbois Ft and Gadbois
Bought by
Rmd Land Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 19, 2018
Sold by
Gadbois John S and Gadbois Ruth A
Bought by
Gadbois Ft and Gadbois
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 Buyer Sale Price Title Company
Salem Apt Llc $11,850,000 None Available
Salem Apt Llc $11,850,000 None Available
Salem Apt Llc $11,850,000 None Available
Rmd Land Development Llc -- None Available
Rmd Land Development Llc -- None Available
Rmd Land Development Llc -- None Available
Gadbois Ft -- --
Gadbois Ft -- --
Gadbois Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salem Apt Llc $7,500,000
Closed Salem Apt Llc $7,500,000
Previous Owner Rmd Land Developments Llc $7,500,000
Previous Owner Rmd Land Development Llc $300,000
Previous Owner Rmd Land Development Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Rented $1,700 0.0% --
01/18/2023 01/18/23 Under Contract -- -- --
01/17/2023 01/17/23 For Rent $1,700 -- --
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 $131,886 $4,367,100 $949,600 $3,417,500
2024 $127,956 $4,367,100 $949,600 $3,417,500
2023 $125,772 $4,367,100 $949,600 $3,417,500
2022 $72,461 $2,516,000 $949,600 $1,566,400
2021 $291 $9,040 $9,040 $0
2020 $291 $9,040 $9,040 $0
2019 $291 $9,040 $9,040 $0
2018 $291 $9,040 $9,040 $0
2017 $291 $9,040 $9,040 $0
2016 $153 $4,820 $4,820 $0
2015 $153 $4,820 $4,820 $0
2014 $150 $4,820 $4,820 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170545105

SmartMLS

APN: SALE-000012-000012-A000000