NOT LISTED FOR SALE

110 Rathbun Hill Rd Salem, CT 06420

Estimated Value: $446,000

5 Beds
1 Bath
2,016 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 08, 2019

Last sale price $487,500 $242 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,810/month

202 Days on Market

Highlights

  • 115 Acre Lot
  • Colonial Architecture
  • Attic
  • Salem Elementary School Rated A-
  • Farm
  • 2 Fireplaces

About This Home

As of August 2019

Last Chance and Rarely Available 115 Acres. Now's your chance to develop whatever your dreams may be and zoning will allow. This amazing parcel has been in the family for generations and now is being sold for the right hobbyist, farmer, etc. This property has exceeded it's average days on market and will be sold at anytime now. Make your offer today. This property is sold as is.

Last Agent to Sell the Property

Michael Graf

Berkshire Hathaway NE Prop. License #RES.0795581 Listed on: 01/12/2019

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Mike Thompson

Countryside Realty License #RES.0769435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,404

Year Built

  • Built in 1700

Lot Details

  • 115 Acre Lot
  • Property is zoned RU-A

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,016 Sq Ft Home
  • 2 Fireplaces
  • Mud Room
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Schools

  • East Lyme High School

Farming

  • Farm

Utilities

  • Heating System Uses Oil
  • Private Water Source
  • Tankless Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,404

Year Built

Built in 1700

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2016
  • Public Record Living Room Sq Ft: 2016
  • Total Sq Ft: 2016
  • Year Built: 1700
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4186
  • Tax Year Updated Dt: 07/29/2019
  • Directions: From route 354 turn onto Rathbun Hill Rd. GPS friendly.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Full
  • Additional Rooms: Mud Room
  • Attic: Yes
  • Street Number Modifier: 110

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Tankless Hotwater
  • Water Source: Private Water System
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: East Lyme

Lot Info

  • Acres: 115.0000
  • Lot Description: Farm Land
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 7404
  • Total Assessed Value: 229930
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 1563415

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Aug 12, 2019
Sold by
Avery 7 Llc
Bought by
Augustitus Randy V and Augustitus Kathleen
Seller's Agent
Michael Graf
Berkshire Hathaway NE Prop.
Buyer's Agent
Mike Thompson
Countryside Realty
List Price
$565,000
Sold Price
$487,500
Premium/Discount to List
-$77,500
-13.72%
Current Estimated Value
$446,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,500
Original Mortgage
$504,000
Outstanding Balance
$441,683
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
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
Augustitus Randy V $487,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Augustitus Randy V $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2019 08/08/19 Sold $487,500 -13.7% $242 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $565,000 -- $280 / 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
2022 $6,561 $227,810 $93,610 $134,200
2021 $7,089 $220,150 $71,150 $149,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Graf

    Berkshire Hathaway Home Services

    Section Image
  • Mike Thompson

    Buyer's Agent in 2019

    Mike Thompson

    Countryside Realty

    (860) 888-7653

    2 in this area

    63 Total Sales

    Mike Thompson
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170155407

SmartMLS

APN: SALE M:15 B:008 L:000

Connecticut New London County Salem 06420

110 Rathbun Hill Rd, Salem, CT

This home is located at 110 Rathbun Hill Rd, Salem, CT 06420 since 12 January 2019 and is currently priced at $446,000, approximately $221 per square foot. This property was built in 1700. 110 Rathbun Hill Rd is a home located in New London County with nearby schools including Salem Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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