NOT LISTED FOR SALE

111 Main St Salisbury, CT 06068

Estimated Value: $2,342,000 - $2,927,000

4 Beds
4.5 Baths
4,095 Sq Ft
$659/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $1,575,000 $385 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $15,117/month

359 Days on Market

Highlights

  • 4.03 Acre Lot
  • Farmhouse Style Home
  • 4 Fireplaces
  • Secluded Lot
  • Attic
  • No HOA

About This Home

As of May 2020

MODERN FARM HOUSE IN SALISBURY - Enjoy clean lines and sophisticated living in this 4 bedrooms and 4.5 bath farmhouse that was recently published in CT Cottage and Garden. With multiple fireplaces, oak floors, high ceilings, chef's kitchen and meticulously executed custom details throughout, this home epitomizes comfortable luxury. Relax on the stone patio with outdoor fireplace overlooking professional landscaping. The finished walk out basement contains a den with fireplace, game room, walk-in cedar closet, and full bath. Move right into this open and airy home that is close to the areas prep schools and start enjoying hiking in the Litchfield Hills, the beach at Lakeville lake, shopping nearby in Salisbury, Millerton and Great Barrington, and Skiing at Catamount and Butternut. This home is country living at its best!

Last Agent to Sell the Property

Elyse Morris

Elyse Harney Real Estate License #REB.0789052 Listed on: 05/01/2019

Co-Listed By

William Melnick

Elyse Harney Real Estate License #RES.0808379

Last Buyer's Agent

Elyse Morris

Elyse Harney Real Estate License #REB.0789052 Listed on: 05/01/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,468

Year Built

  • Built in 2001

Lot Details

  • 4.03 Acre Lot
  • Secluded Lot
  • Level Lot
  • Property is zoned RR1

Parking

  • 2 Car Attached Garage

Home Design

  • Farmhouse Style Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 4,095 Sq Ft Home
  • 4 Fireplaces
  • Concrete Flooring
  • Walkup Attic

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Salisbury Elementary School
  • Regional District 1 High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,468

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Neighborhood: Lakeville
  • Property Type: Single Family For Sale
  • Style: Farm House
  • Sq Ft Est Heated Above Grade: 4095
  • Public Record Living Room Sq Ft: 4095
  • Total Sq Ft: 4095
  • Year Built: 2001
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8673
  • Tax Year Updated Dt: 07/29/2019
  • Directions: GPS friendly.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 4
  • Attic Description: Walk-up
  • Basement Description: Full, Partially Finished, Concrete Floor, Walk-out
  • Appliances: Gas Range, Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer, Wine Chiller
  • Attic: Yes

Exterior Features

  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 4.0300
  • Lot Description: Secluded, Level Lot
  • Zoning: RR1

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 14468
  • Mil Rate Base: 11.600
  • Assessor Parcel Number: 870607

MLS Schools

  • Elementary School: Salisbury
  • High School: Regional District 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2021
Sold by
Borthwick Alastair and Borthwick Jeanine
Bought by
Breece James and Breece Sabina
Current Estimated Value
$2,697,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Outstanding Balance
$1,404,687
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,292,784

Purchase Details

Listed on
May 1, 2019
Closed on
Apr 23, 2020
Sold by
Schmidt Mark K and Schmidt Maria F
Bought by
Borthwick Alastair and Borthwick Jeanine
Seller's Agent
Elyse Morris
Elyse Harney Real Estate
Buyer's Agent
Elyse Morris
Elyse Harney Real Estate
List Price
$1,945,000
Sold Price
$1,575,000
Premium/Discount to List
-$370,000
-19.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%

Purchase Details

Listed on
Sep 29, 2014
Closed on
Jan 30, 2015
Sold by
Koster Helen H
Bought by
Schmidt Mark K and Schmidt Maria F
Seller's Agent
Elyse Harney
Elyse Harney Real Estate
Buyer's Agent
Elyse Harney
Elyse Harney Real Estate
List Price
$1,745,000
Sold Price
$1,550,000
Premium/Discount to List
-$195,000
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.31%

Purchase Details

Closed on
Oct 16, 2001
Sold by
Avonridge Inc
Bought by
Koster H William and Koster Helen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Breece James $2,100,000 None Available
Borthwick Alastair $1,575,000 None Available
Borthwick Alastair $1,575,000 None Available
Schmidt Mark K $1,550,000 --
Schmidt Mark K $1,550,000 --
Koster H William $1,250,000 --
Koster H William H $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breece James $1,550,000
Previous Owner Koster H William H $1,500,000
Previous Owner Koster H William H $450,000
Previous Owner Koster H William H $486,000
Previous Owner Koster H William H $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2020 05/01/20 Sold $1,575,000 -7.1% $385 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
03/09/2020 03/09/20 Price Changed $1,695,000 -2.9% $414 / Sq Ft
10/17/2019 10/17/19 Price Changed $1,745,000 -2.8% $426 / Sq Ft
08/22/2019 08/22/19 Price Changed $1,795,000 -7.7% $438 / Sq Ft
05/01/2019 05/01/19 For Sale $1,945,000 +25.5% $475 / Sq Ft
01/30/2015 01/30/15 Sold $1,550,000 -11.2% $379 / Sq Ft View Prior Sale
12/26/2014 12/26/14 Pending -- -- --
09/29/2014 09/29/14 For Sale $1,745,000 -- $426 / 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 $12,307 $1,118,860 $259,400 $859,460
2024 $12,307 $1,118,860 $259,400 $859,460
2023 $12,307 $1,118,860 $259,400 $859,460
2022 $12,307 $1,118,860 $259,400 $859,460
2021 $12,307 $1,118,860 $259,400 $859,460
2020 $14,468 $1,247,260 $259,400 $987,860
2019 $14,468 $1,247,260 $259,400 $987,860
2018 $14,094 $1,247,260 $259,400 $987,860
2017 $13,845 $1,247,260 $259,400 $987,860
2016 $13,346 $1,247,260 $259,400 $987,860
2015 $11,606 $1,084,660 $262,500 $822,160
2014 $11,836 $1,127,260 $262,500 $864,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170190097

SmartMLS

APN: SALI-000052-000007-000001