2 months on rocket

346 Salem Tpke, Norwich, CT, 06360

$450,000

8.90 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
ViewTrees/Woods
MLS #24047100
Lot Size8.90 Acres
StatusActive

About 346 Salem Tpke

A large parcel of commercially zoned raw land, 8.90 acres on heavily trafficked Salem Turnpike (Route 82) connecting Montville, Salem, Bozrah to Norwich. 360 ft of road frontage, with 25 ft in the town of Bozrah and the rest in Norwich. Excellent location with prime exposure. Area is experiencing signs of vitality with new sewer and water lines and the construction of a 120 unit assisted living facility 1/4 mile to the west. I-395, Big Y & Walmart, are about a mile to the east. Goldmine Brook splits the parcel with conceptual site plans, a 5,400 SF restaurant in front, a required wetlands crossing, and then a 15,040 SF office building in the rear of the lot. Lot is 8.9 acres with approx. 4.8 acres usable. The lot can be subdivided. Planned commercial zone allows retail, offices, vet hospitals, clinics, fitness, hotels/motels, mixed use, restaurants, etc. Detail plans available upon request. An excellent opportunity!

Property Details

Property Features

Listing Office:

  • Office Name: DreamHomes Realty LLC
  • Office Phone: (203) 232-4138
  • Listing Agent: Nutan Pawar

Exterior Features

Exterior Information:

  • View: Trees/Woods

Lot Features

Lot Information:

  • Lot: Wetlands, Trees, Open Lot
  • Lot Size: 8.90 Acres

Other

Directions Information:

  • Directions: GPS Friendly. Exit 11 off I395. Head west about a mile on Rt 82. (1/2 Mile past Walmart on same side of street).

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000

Tax Information:

  • Annual Amount: $4,379
  • 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

$252K

Med. Price/SqFt

$174

# of Sold Homes

51

346 Salem Tpke vs Norwich

62 DAYS ON ROCKET

$450,000

+$198K More

KEY TAKEAWAY

This property is $198K more than the Median Sold Price in Norwich, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24047100

Listing Office:

  • Office Name: DreamHomes Realty LLC
  • Office Phone: (203) 232-4138
  • Listing Agent: Nutan Pawar

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: 11/21/2024, 8:20:53 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$4,379$103,400
2020$4,386$103,500
2019$4,206$103,500
2018$4,635$111,800
2017$4,547$111,800

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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.

Nearby Schools

school-card-donut-227924
5
/10

  • Thomas W. Mahan School

  • 94 Salem Tpke

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-227925
4
/10

  • John B. Stanton School

  • 386 New London Tpke

  • 2.04 miles

  • Public District Grades KG-5

school-card-donut-227926
4
/10

  • Uncas Elementary School

  • 280 Elizabeth Street Ext

  • 2.09 miles

  • Public District Grades KG-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. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 346 Salem Tpke

What is the listing price of this property?

The listing price of 346 Salem Tpke property is $450,000.

What type of property is this?

The property 346 Salem Tpke is land located in Norwich, Connecticut, 06360.

Is this property for sale now?

Active Listing: 346 Salem Tpke is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,379 (source: MLS/based on county public records data).

How much acreage is this property?

The property 346 Salem Tpke is 8.90 acres.
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Rocket Homes›Connecticut›New London County›Norwich›06360›346 Salem Tpke

This home is located at 346 Salem Tpke in Norwich, CT and zip code 06360. This home sits on a 8.90 acre lot. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $450,000.

In October 2024 more than 27 listings in Norwich, CT were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 16 were sold below. The number of homes for sale in Norwich, CT increased by 3.1% between September 2024 and October 2024.

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

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