NOT LISTED FOR SALE

108 Norwich Salem Rd Old Lyme, CT 06371

Estimated Value: $646,000 - $874,000

4 Beds
2.5 Baths
2,891 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $600,000 $208 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,871/month

4 Days on Market

Highlights

  • 3.4 Acre Lot
  • Colonial Architecture
  • Secluded Lot
  • Lyme Consolidated School Rated A-
  • Deck
  • Wetlands on Lot

About This Home

As of May 2022

Surrounded by New England's natural splendor. This picturesque 3.4-acre property showcases an approximately 2900 Sqft. Colonial Style home with a wraparound porch perfect for sunsets. This manicured level and lightly wooded lot is accented with a white picket fence that offers charm and elegance. A seamless open floor plan waits for you inside featuring formal living room with a gas log fireplace, family room, fully appliance kitchen with breakfast counter, sliders to a screened in sun porch, dining room and hardwood floors. It doesn't end there, the second floor offers 4 bedrooms, 2 full baths, bonus room over garage with vaulted ceilings, Palladian window and is currently being used as 5th bedroom, master bedroom suite with double doors features vaulted ceilings, crystal chandelier, Palladian window, double walk-in closets and master bath ensuite with double vanity, whirlpool tub and shower stall. Conveniently a short distance to Fox Hopyard Golf Club, minutes away from the historic ferry on the Connecticut River, scenic hiking trails, secluded river beach, highways and so much more. A must see!

Last Agent to Sell the Property

Joanne Combs

Dan Combs Real Estate License #RES.0751171 Listed on: 04/07/2022

Last Buyer's Agent

Hedy Hartley

Coldwell Banker Realty License #RES.0781842

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,185

Year Built

  • Built in 2001

Lot Details

  • 3.4 Acre Lot
  • Open Space
  • Stone Wall
  • Secluded Lot
  • Partially Wooded Lot
  • Property is zoned RUB

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,891 Sq Ft Home
  • 2 Fireplaces
  • Screened Porch
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Wetlands on Lot
  • Wrap Around Balcony
  • Deck
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a golf course

Schools

  • Lyme Consolidated Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Private Company Owned Well
  • Propane Water Heater
  • Fuel Tank Located in Ground

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,185

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Neighborhood: Hadlyme
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2891
  • Public Record Living Room Sq Ft: 2891
  • Total Sq Ft: 2891
  • Year Built: 2001
  • Nearby Amenities: Golf Course, Lake, Library
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 5425
  • Directions: GPS Friendly. Norwich Salem Rd is RT 82.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Full With Hatchway, Unfinished, Concrete Floor, Interior Access
  • Interior Amenities: Auto Garage Door Opener, Security System
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 108

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Porch-Screened, Stone Wall, Wrap Around Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Lyme Consolidated
  • Middle School: Per Board of Ed
  • High School: Lyme-Old Lyme
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 3.4000
  • Lot Description: Some Wetlands, Secluded, Borders Open Space, Lightly Wooded, Fence - Partial, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RUB

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5185
  • Total Assessed Value: 259884
  • Mil Rate Base: 19.950
  • Mil Rate Total: 19.950
  • Assessor Parcel Number: 2327551

MLS Schools

  • Elementary School: Lyme Consolidated
  • Middle Jr High School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 13, 2022
Sold by
Murff Trish and Vining Susannah
Bought by
Pensiero Kerrie
Seller's Agent
Joanne Combs
Dan Combs Real Estate
Buyer's Agent
Hedy Hartley
Coldwell Banker Realty
List Price
$549,900
Sold Price
$600,000
Premium/Discount to List
$50,100
9.11%
Current Estimated Value
$796,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,815
Avg. Annual Appreciation
9.28%

Purchase Details

Closed on
Jan 11, 2005
Sold by
Margules Howard and Margules Mary Jo
Bought by
Curran Keith and Curran Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.75%

Purchase Details

Closed on
Apr 2, 2002
Sold by
Legend Bldrs & Dev
Bought by
Margules Howard and Margules Maryjo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pensiero Kerrie $600,000 None Available
Curran Keith $465,000 --
Margules Howard $349,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Margules Howard $359,650
Previous Owner Margules Howard $117,000
Previous Owner Margules Howard $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $600,000 +9.1% $208 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $549,900 +9.1% $190 / Sq Ft
11/05/2021 11/05/21 Sold $504,000 +1.0% $174 / Sq Ft
10/02/2021 10/02/21 For Sale $499,000 -- $173 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,642 $389,100 $90,200 $298,900
2024 $5,642 $389,100 $90,200 $298,900
2023 $5,123 $262,700 $53,900 $208,800
2022 $5,241 $262,700 $53,900 $208,800
2021 $5,185 $259,884 $51,084 $208,800
2020 $5,185 $259,884 $51,084 $208,800
2019 $5,185 $259,884 $51,084 $208,800
2018 $5,117 $275,107 $59,307 $215,800
2017 $5,021 $275,107 $59,307 $215,800
2016 $5,021 $275,107 $59,307 $215,800
2015 $4,883 $275,107 $59,307 $215,800
2014 $4,677 $275,107 $59,307 $215,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170477238

SmartMLS

APN: LYME-000012-000000-000033