3 months on rocket

496 New London Rd, Salem, CT, 06420

$698,900

55.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential Land
ViewTrees/Woods
MLS #170624048
Lot Size55.00 Acres
StatusActive

About 496 New London Rd

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.

Property Details

Property Features

Listing Office:

  • Office Name: Signature Properties of NewEng
  • Office Phone: (860) 447-8839
  • Listing Agent: Ron Bates

Exterior Features

Exterior Information:

  • View: Trees/Woods

Lot Features

Lot Information:

  • Lot: Wetlands, Corner Lot, Level, Wooded, Rolling/Hilly, Sloped
  • Lot Size: 55.00 Acres

School Info

Assigned Schools Information:

  • Salem Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: GPS Friendly. Located on the corner of New London Road (Route 85) and Woodchuck Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $698,900

Tax Information:

  • Annual Amount: $298
  • Tax Year: 2021
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Housing Market Comparison

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

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Salem, CT

City

Med. Sold Price

$401K

Med. Price/SqFt

$190

# of Sold Homes

4

496 New London Rd vs Salem

92 DAYS ON ROCKET

$698,900

+$297.9K More

KEY TAKEAWAY

This property is $297.9K more than the Median Sold Price in Salem, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #170624048

Listing Office:

  • Office Name: Signature Properties of NewEng
  • Office Phone: (860) 447-8839
  • Listing Agent: Ron Bates

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: 6/1/2024, 9:20:37 PM 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$298$9,240
2020$298$9,240
2019$298$9,240
2018$298$9,240
2017$298$9,240

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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.

Middle School

school-card-donut-6703586
6
/10

  • Salem Elementary School

  • 200 Hartford Rd

  • 3.20 miles

  • Public District Grades PK-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $106,553. Most Salem, CT residents have annual incomes between $100k-200k. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 496 New London Rd

What is the listing price of this property?

The listing price of 496 New London Rd property is $698,900.

What type of property is this?

The property 496 New London Rd is land located in Salem, Connecticut, 06420.

Is this property for sale now?

Active Listing: 496 New London 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 496 New London Rd are:
Salem Elementary School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $298 (source: MLS/based on county public records data).

How much acreage is this property?

The property 496 New London Rd is 55.00 acres.
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Rocket Homes›Connecticut›New London County›Salem›06420›496 New London Rd

This home is located at 496 New London Rd in Salem, CT and zip code 06420. This home sits on a 55.00 acre lot. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $698,900.

In May 2024 more than 3 listings in Salem, CT were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The number of homes for sale in Salem, CT increased by 10.5% between April 2024 and May 2024.

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

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