NOT LISTED FOR SALE

470 Norwich Rd Unit 33 Salem, CT 06420

Estimated Value: $11,611,222

1 Bed
1 Bath
1,000 Sq Ft
$11,611/Sq Ft Est. Value

Highlights

  • 43.13 Acre Lot
  • Ranch Style House
  • No HOA
  • Salem Elementary School Rated A-
  • Attic
  • 1 Car Attached Garage

About This Home

As of June 2023

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 Saturday 6/3 from 10am-12pm and Tuesday 6/6 from 12pm-2pm.

Last Agent to Rent the Property

EMILY Milano

Kings of the House LLC License #RES.0804324 Listed on: 04/12/2023

Co-Listed By

Brian Pastuszak

Kings of the House LLC License #REB.0791072

Last Renter's Agent

EMILY Milano

Kings of the House LLC License #RES.0804324 Listed on: 04/12/2023

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

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,000 Sq Ft Home
  • Partial Basement
  • Attic or Crawl Hatchway Insulated
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Electric Water Heater

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

  • Pets Allowed Info: 1 dog under 30lb or 2 cat
  • Landlord Requirements: Credit Check, References Required, Security Deposit, Lease Required
  • Landlord Responsibility: Exterior Maintenance, Grounds Maintenance, Snow Removal, Trash Service
  • Lease Price Description: Per Month
  • Pets Allowed: Restrictions
  • Rental Duration: Yearly Unfurnished
  • Security Deposit Details: 1700
  • Smoking Allowed: No
  • Tenant Responsibility: Air Conditioning, Cable TV, Credit Check, Electricity, Heat, Hot Water, Internet, Liability Insurance, Water

Listing Details

  • Neighborhood: Gardner Lake
  • Property Type: Residential Rental
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1000
  • Total Sq Ft: 1000
  • Year Built: 2022
  • New Construction: Completed/Never Occupied
  • Property Sub Type: Multi-Family Rental
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Special Features: NewHome

Interior Features

  • Room Count: 1
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Partial With Hatchway
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 470

Exterior Features

  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Shared Well
  • Sewer: Shared Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 43.1300
  • Zoning: RU-A
  • Property Info: Adult Community 55

Multi Family

  • Total Num Of Units: 48

Tax Info

  • Assessor Parcel Number: 1563204

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
Aug 14, 2024
Sold by
Rmd Land Dev Llc
Bought by
Salem Apt Llc
Current Estimated Value
$11,611,222

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
Estimated Equity
$4,264,695

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
06/03/2023 06/03/23 Rented $1,700 0.0% --
06/01/2023 06/01/23 Under Contract -- -- --
04/12/2023 04/12/23 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

  • EMILY Milano

    Landlord'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

    Landlord's Co-Listing Agent in 2023

    Brian Pastuszak

    Kings of the House LLC

    (860) 966-4488

    2 in this area

    45 Total Sales

    Brian Pastuszak
    Section Image
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Map

Source: SmartMLS

MLS Number: 170562245

SmartMLS

APN: SALE-000012-000012-A000000

Connecticut New London County Salem 06420

470 Norwich Rd Unit 33, Salem, CT

This home is located at 470 Norwich Rd Unit 33, Salem, CT 06420 since 12 April 2023 and is currently priced at $11,611,222. This property was built in 2022. 470 Norwich Rd Unit 33 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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