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496 New London Road, Salem, CT 06420
$698,900
496 New London Road, Salem, CT 06420View this property at 496 New London Road, Salem, CT 06420
496 New London RoadSalemCT06420
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Property Description
Two lots with approvals in place. Lot 1 496 New London Road on the corner of Woodchuck Road consists of 35 acres with approvals in place for 24 units, apartments or condominiums (preliminary building plans available) and Lot 2 Woodchuck Road, an 18.8-acre parcel approved for a single-family residence for which seller was verbally told by surveyor there is possible potential for another 8-12 units should buyer decide to seek approvals for same. Boundaries marked in field by surveyor, bond in place, and mylars to be recorded at Salem town hall. Located near several subdivisions featuring some of Salem's largest and most expensive homes. Private setting with rural feel yet minutes to everything. Convenient to Salem 4-corners for gas, restaurants, ice crea, and local shopping. Easy access to Route 11 to Route 2 and Hartford as well as I95 to Groton Subbase, General Dynamics (Electric Boat), and Pfziers. Minutes to New London, Waterford, Groton, and Colchester for the shopping, restaurants, and entertainment they offer. Close to Gardner Lake for swimming, boating, and fishing. Convenient to several golf courses, state parks, lakes, stables for boarding your horses and/or riding and much more.
Full Property Details
Full Property Details for 496 New London Rd
General
- Price: $698,900
- Taxes: (July 2023-June 2024)
- Status: Active
- Type: Land Residential
- MLS ID: 170624048
- Updated: 4/28/2024
- Added to Site: 103 day(s) ago
Location
- County: New London
- Driving Directions: GPS Friendly. Located on the corner of New London Road (Route 85) and Woodchuck Road.
- Total Lots Available: 2
School Information
- Elementary School: Salem
- Middle School: Salem
- Intermediate School: Per Board of Ed
- High School: East Lyme
Utilities
- Sewer: Septic Required
- Water: Well Required
- Utility Description: Electric Available, Phone Available
Structural Information
- Construction Status: No/Resale
Lot Features
- Lot Size (Acres): 55
- Frontage: State Road, Municipal Street, Paved Road
- Frontage Feet: 2280
- Land Improvements: Lot Staked
- Zoning: RU-A
- Lot Description: Some Wetlands, Corner Lot, Level Lot, Lightly Wooded, Rolling, Sloping Lot
Financial Considerations
- Assessment Amount: $197,700
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Documents Avail.: Building Plan, Demographic Data, Environmental Site Assess., Percolation Test, Photo/Survey, Recorded Site Plan, Zoning Approval, Other
- Property ID: 1562506
Listed by Signature Properties of NewEng, Ron Bates
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Schools
Schools serving 496 New London Rd
School District:Salem School District
Rating | Name | Grades | Distance |
---|---|---|---|
200 Hartford Rd, Salem, CT 06420 | PK-8 | 3.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 496 New London Rd
Date
Details
Price
Change
Source
4/28/2024
Price Reduced
$698,900
-34.07%
MLS
2/08/2024
Listed
$1,060,000
360.87%
MLS
2/09/2022
Sold
$230,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 496 New London Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,694
1215%
$197,700
1216%
2022
$433
45%
$15,020
63%
2021
$298
—
$9,240
—
2020
$298
—
$9,240
—
2019
$298
—
$9,240
—
2018
$298
—
$9,240
—
2017
$298
87%
$9,240
84%
2016
$159
—
$5,010
—
2015
$159
2%
$5,010
—
2014
$156
3%
$5,010
—
2012
$151
—
$5,010
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 496 New London Rd
496 New London Road, Salem, CT 06420 (MLS# 170624048) is a Land Residential property with a lot size of 55 acres. 496 New London Road is currently listed for $698,900 and was received on February 08, 2024. Want to learn more about 496 New London Road? Do you have questions about finding other Land Residential real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.