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129 Old Salem Rd, Norwich, CT, 06360

$199,900

3.70 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeBusiness
MLS #24003015
Lot Size3.70 Acres
StatusActive

About 129 Old Salem Rd

3.7 Acres conveniently located just off I-395 near Norwich DMV and Good Will, and located across the street from the entrance to Walmart & Big Y, and adjacent to The Villages at Briar Hill. Property is zoned Proposed Commercial, which allow for countless opportunities such as professional or medical offices, laboratories, vet clinic/hospital, retail or storage facilities . There is currently a house and garage on the property which would need to be removed to develop as a commercial property. NO ACCESS to property without LA/Seller present.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX on the Bay
  • Office Phone: (860) 739-0888
  • Listing Agent: Erin Pepas

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 3.70 Acres

School Info

Assigned Schools Information:

  • Thomas W. Mahan School, Public District Grades PK-5

Other

Directions Information:

  • Directions: I-395 to Exit #11 Salem Tnpk. Take 1st right after Walmart onto Kellogg Way. Take right onto Old Salem Rd. Property is on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900

Tax Information:

  • Annual Amount: $5,768
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norwich, CT.

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Norwich, CT

City

Med. Sold Price

$231.4K

Med. Price/SqFt

$156

# of Sold Homes

30

129 Old Salem Rd vs Norwich

45 DAYS ON ROCKET

$199,900

-$31.5K Less

KEY TAKEAWAY

This property is $31.5K less than the Median Sold Price in Norwich, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24003015

Listing Office:

  • Office Name: RE/MAX on the Bay
  • Office Phone: (860) 739-0888
  • Listing Agent: Erin Pepas

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,768$136,200

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-990017
5
/10

  • Thomas W. Mahan School

  • 94 Salem Tpke

  • 0.60 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,752. Typical income of Norwich, CT residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 129 Old Salem Rd

What is the listing price of this property?

The listing price of 129 Old Salem Rd property is $199,900.

What type of property is this?

The property 129 Old Salem Rd is land located in Norwich, Connecticut, 06360.

Is this property for sale now?

Active Listing: 129 Old Salem Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 129 Old Salem Rd are:
Thomas W. Mahan School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,768 (source: MLS/based on county public records data).

How much acreage is this property?

The property 129 Old Salem Rd is 3.70 acres.
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Rocket Homes›Connecticut›New London County›Norwich›06360›129 Old Salem Rd

This home is located at 129 Old Salem Rd in Norwich, CT and zip code 06360. This home sits on a 3.70 acre lot. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $199,900.

Norwich, CT housing market in March 2024 saw over 20 listings sold above listed price, more than 2 sold at listed price and over 8 sold below. The inventory of homes for sale in Norwich, CT between February 2024 and March 2024 increased by 4.1%.

From Rocket Homes Real Estate and based on county public records data.

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