NOT LISTED FOR SALE

470 Norwich Rd Unit 20 Salem, CT 06420

Estimated Value: $11,694,388

1 Bed
1 Bath
1,000 Sq Ft
$11,694/Sq Ft Est. Value

About This Home

Easy one floor living at its finest! Come see these beautiful newly constructed units at Green Village in Salem. Featuring central air, lovely covered porches and large back decks. Each unit was designed with open concept living in mind, vinyl floors for easy maintence, a large bedroom with double closets and a generous bathroom with linen storage. The kitchen boasts stainless steel appliances and an island that overlooks the dining are and oversized living room. In unit laundry with an open space that could be used as an office, library or extra storage. There is an attached 1 car garage to avoid the snowy and raining days. Set on RT 82 this Active 55+ development has easy access to area shopping, RT 2 and 395. Available for immediate occupancy for 1 or 2 year terms, call to set up your private tour today! Model Unit available for tour Wednesday 3/29 from 12pm-3pm and Saturday 4/1 from 10am-12pm!

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
Current Estimated Value
$11,694,388

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
$7,449,313
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,245,075

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

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
03/29/2023 03/29/23 Rented $1,700 0.0% --
02/07/2023 02/07/23 For Rent $1,700 -- --

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
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

  • EMILY Milano

    Seller's Agent in 2023

    EMILY Milano

    Kings of the House LLC

    (860) 942-3243

    2 in this area

    75 Total Sales

    EMILY Milano
    Section Image
  • Brian Pastuszak

    Seller Co-Listing Agent in 2023

    Brian Pastuszak

    Kings of the House LLC

    (860) 966-4488

    2 in this area

    43 Total Sales

    Brian Pastuszak
    Section Image
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Map

Connecticut New London County Salem 06420

470 Norwich Rd Unit 20, Salem, CT

Homes for Sale in Salem, CT

This home is located at 470 Norwich Rd Unit 20, Salem, CT 06420 and is currently estimated at $11,694,388, approximately $11,694 per square foot. 470 Norwich Rd Unit 20 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.

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