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5 Palmer Dr

Ledyard, CT 06335

5 bd 4 ba 2,950 sqft Built 1968 Lot 42,253 sqft single_family
Most recent sale
$480,000
Jul 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 19, 2024 Listed $494,900 SMARTMLS
Jun 17, 2024 Sold $495,000 SMARTMLS
Jan 15, 2024 Listed $494,900 SMARTMLS
Jul 5, 2022 Sold $480,000 Public Record
May 16, 2022 Price changed $450,000 MLS #170485036
Apr 29, 2022 Listed $484,900 MLS #170485036

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $185,290 $52,360 $237,650 $8,826
2023 $184,450 $52,360 $236,810 $8,184
2022 $184,450 $52,360 $236,810 $8,009
2021 $184,450 $52,360 $236,810 $7,957
2020 $176,890 $54,880 $231,770 $8,105
2019 $176,890 $54,880 $231,770 $8,126
2018 $176,890 $54,880 $231,770 $7,947
2017 $176,890 $54,880 $231,770 $7,542
2016 $176,890 $54,880 $231,770 $7,393
2015 $176,890 $54,880 $231,770 $7,046
2014 $186,200 $54,880 $241,080 $7,208
2013 $186,200 $54,880 $241,080 $6,798
2006 $211,330 $57,820 $269,150 $6,723
2005 $137,970 $37,170 $175,140 $5,809
2003 $137,970 $37,170 $175,140 $5,412

Property facts

Year built
1968
Property type
single_family
Stories
Beds
5
Baths
4
Living area
2,950 sqft
Lot size
42,253 sqft
ZIP code
06335
City
Ledyard
Street
Palmer Dr
Coordinates
41.42794, -72.07482

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,425
Gross rental yield
11.06%
Implied cap rate
7.19%
Trend-extrapolated value

Frequently asked questions

When did 5 Palmer Dr last sell?
5 Palmer Dr most recently sold on Jul 5, 2022 for $480,000.
What is the current tax assessment for 5 Palmer Dr?
The most recent total assessment for 5 Palmer Dr (year 2025) is $237,650 with $8,826 in property tax.
How does 5 Palmer Dr's assessment compare to its last sale price?
The current assessment is 50.5% below the last sale price of $480,000.
When was 5 Palmer Dr built?
5 Palmer Dr was built in 1968.
How does 5 Palmer Dr compare to others on Palmer Dr?
We track 2 other properties on Palmer Dr. Browse the list under "Other properties on Palmer Dr" to compare beds, baths, and sale history.
What are the property facts for 5 Palmer Dr?
5 Palmer Dr is a 5 bed, 4 bath, 2,950 sqft, 42,253 sqft lot single_family.
Is 5 Palmer Dr a flip candidate?
No — 5 Palmer Dr does not appear in our flips dataset.
Is 5 Palmer Dr a tax-appeal candidate?
No — 5 Palmer Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.2%
Implied 1-yr
+12.9%
2026 Q2
$410.4K
2026 Q3
$421.3K
ZIP 06335 — Median Price History + Forecast

Explore nearby

Other properties on Palmer Dr