$120,000
SOLD SEP 26, 2024

111 Horse Pond Rd Unit G Salem, CT 06420

1 Bed
1 Bath
714 Sq Ft
$342/mo HOA Fee

Recently Sold

$168 Per Sq Ft

8 Days on Market

Highlights

  • Ranch Style House
  • End Unit
  • Cul-De-Sac
  • Salem Elementary School Rated A-
  • Thermal Windows
  • Guest Parking

About This Home

As of September 2024

Welcome to this charming one-bedroom condo located in the peaceful countryside of Salem, Connecticut. Nestled near Crystal Lake Pond and just minutes from I-395, I-95 and Route 11, this condo is the perfect blend of tranquility and convenience, making it an ideal home for anyone working at Pfizer, Electric Boat, the US Navy Base, or the US Coast Guard Academy. This move-in ready unit is situated on the second floor and features fresh painted interior, steam-cleaned carpets, a brand-new AC unit, and new stainless steel appliances. The condo is an end unit in a quiet cul-de-sac, providing plenty of off-street parking. Easy access to the common area laundry with coin operated machines. Perfect for first-time investors or those seeking affordable living, this condo features a country setting with the added benefit of being close to the Connecticut and Rhode Island beaches, Patchaug State Forest, as well as the historic sea side towns of Stonington and Mystic. Don't miss this opportunity to own a low-maintenance home in a prime location!

Last Agent to Sell the Property

Mary Jean Agostini

RE/MAX Right Choice License #REB.0004721 Listed on: 08/22/2024

RE/MAX Right Choice

Co-Listed By

Amy Buchas

RE/MAX Right Choice License #REB.0793020

Last Buyer's Agent

Gregory Hanner

Garden Realty License #REB.0788235

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,078

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • Cul-De-Sac

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 714 Sq Ft Home
  • Thermal Windows

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 1 Parking Space
  • Guest Parking
  • Visitor Parking

Location

  • Property is near a golf course

Schools

  • East Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2208421

Community Details

Overview

  • Association fees include grounds maintenance, snow removal, property management
  • 74 Units
  • Property managed by Sound Management

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,078

Year Built

Built in 1989

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Neighborhood: Horse Pond
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 714
  • Total Sq Ft: 714
  • Year Built: 1989
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Lake, Medical Facilities
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 2
  • Directions: Route 85 to Crystal Lake Road
  • Financing Used: Other
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Full, Shared Basement
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Range Hood, Refrigerator, Dishwasher
  • Laundry Room Location: Common in basement
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 111

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: None, Paved

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 30 Gallon Tank
  • Water Source: Shared Well
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management
  • Levels In Unit: 1
  • HOA Fees: 342
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: jparsons@sresct.com
  • Property Manager Name: Josh Parsons
  • Property Manager Phone: (860) 333-6535x101
  • Property Mgt Company Name: Sound Management
  • Total Number of Units In Complex: Crystal Lake

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: On Cul-De-Sac
  • Zoning: RUA
  • Parcel #: 2208421

Rental Info

  • Pets Allowed Info: 1 dog,20" at shoulder or
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 74

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 1078
  • Total Assessed Value: 36800
  • Mil Rate Total: 29.3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Sep 26, 2024
Sold by
Nichols Sharon L
Bought by
Domke Stephen C
Seller's Agent
Mary Jean Agostini
RE/MAX Right Choice
Buyer's Agent
Gregory Hanner
Garden Realty
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Total Days on Market
8
Views
25
Current Estimated Value
$122,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,642
Avg. Annual Appreciation
3.16%
Original Mortgage
$90,000
Outstanding Balance
$89,504
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$33,138
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 None Available
Warranty Deed $120,000 None Available
Warranty Deed $120,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 Purchase Money Mortgage
Closed $90,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $120,000 +0.1% $168 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $119,900 -- $168 / 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
2024 $1,078 $36,800 $0 $36,800
2023 $1,060 $36,800 $0 $36,800
2022 $1,060 $36,800 $0 $36,800
2021 $605 $18,800 $0 $18,800
2020 $605 $18,800 $0 $18,800
2019 $605 $18,800 $0 $18,800
2018 $605 $18,800 $0 $18,800
2017 $605 $18,800 $0 $18,800
2016 $1,312 $41,400 $0 $41,400
2015 $1,312 $41,400 $0 $41,400
2014 $1,288 $41,400 $0 $41,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24027164

SmartMLS

APN: SALE-000017-000007-000111G