$410,000
SOLD AUG 8, 2025

115 Morgan Rd Salem, CT 06420

3 Beds
1 Bath
1,404 Sq Ft
2.5 Acres

Recently Sold

$292 Per Sq Ft

2% Below List Price

49 Days on Market

Highlights

  • Barn
  • 2.5 Acre Lot
  • Patio
  • Salem Elementary School Rated A-
  • Cape Cod Architecture
  • Entrance Foyer

About This Home

As of August 2025

First time on the market! This charming Cape Cod - built in 1972 & lovingly owned by one family - is a rare gem nestled on 2.5 level acres in a peaceful, nature-filled setting. Surrounded by mature trees & blooming shrubs, this home offers a serene retreat with endless potential. This home is 3 bedrooms, one full bath & a two car attached garage. Two bedrooms are on the main level, along with a remodeled full bath featuring a heated tile floor & tile-surround tub/shower. The eat-in kitchen has an abundance of cabinet space with tile flooring. Hardwood floors throughout the rest of the home add warmth & character. Upstairs, the spacious third bedroom spans the entire second floor - offering flexibility for a 4th bedroom, home office, playroom, etc. Truly a versatile space. This home offers updates to include a newer roof (2015), hot water heater (2017), well pump (2019), humidistat & is also generator ready! Step outside to the private patio & tranquil backyard leading to a 432 sq. ft. barn with electricity, wood stove & A/C. Perfect for a workshop, studio or hobby space. Situated on a corner lot at the end of the road, the property offers rare privacy & is surrounded by 318.84 acres of conservation & farmland. Walking distance to the elementary school, library, park, playground & ball fields & just minutes to Gardner Lake & the shoreline. With solid bones, this beloved home is ready for your updates & its next chapter! Don't miss the chance to make this one your own!

Last Agent to Sell the Property

Elizabeth Kessler

Berkshire Hathaway NE Prop. License #RES.0820346 Listed on: 06/07/2025

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Rochelle Cortezzo

Coldwell Banker Calabro License #RES.0816648

Coldwell Banker Calabro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,874

Year Built

  • Built in 1972

Lot Details

  • 2.5 Acre Lot
  • Stone Wall
  • Garden
  • Property is zoned RU-A

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Entrance Foyer
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Hatchway
  • Sump Pump
  • Laundry in Basement

Parking

  • 2 Car Garage
  • Dirt Driveway

Outdoor Features

  • Patio
  • Rain Gutters

Farming

  • Barn

Utilities

  • Humidity Control
  • Baseboard Heating
  • Power Generator
  • Private Company Owned Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1563793

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,874

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1404
  • Total Sq Ft: 1404
  • Year Built: 1972
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Library, Park, Playground/Tot Lot, Public Rec Facilities, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly - Rt. 85 to Morgan Rd. (across from Salem Elementary), last house on left
  • Financing Used: VA
  • In Law Apartment: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Full, Unfinished, Sump Pump, Hatchway Access, Interior Access, Concrete Floor, Full With Hatchway
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Freezer, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Foyer
  • Laundry Room Location: Basement
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Sidewalk, Barn, Gutters, Garden Area, Stone Wall, Patio
  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Unpaved, Dirt
  • Total Parking Spaces: 2
  • Garage And Parking: Attached Garage, Driveway, Unpaved

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Other
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Generator Ready, Humidistat

Lot Info

  • Acres: 2.5
  • Lot Description: Secluded Corner Lot In Subdivision Treed Level Lot On Cul-De-Sac
  • Zoning: RU-A
  • Parcel #: 1563793

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 4874

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2025
Closed on
Aug 8, 2025
Sold by
Hoskins H S
Bought by
Hubbell Kathy and Gasaway Alan
Seller's Agent
Elizabeth Kessler
Berkshire Hathaway NE Prop.
Buyer's Agent
Rochelle Cortezzo
Coldwell Banker Calabro
List Price
$419,900
Sold Price
$410,000
Premium/Discount to List
-$9,900
-2.36%
Views
43
Current Estimated Value
$406,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,958
Avg. Annual Appreciation
-2.09%
Original Mortgage
$410,000
Outstanding Balance
$408,939
Interest Rate
6.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$2,897

Purchase Details

Closed on
Feb 14, 2022
Sold by
Hoskins Claudia
Bought by
Hoskins H Sean

Purchase Details

Closed on
Mar 24, 2010
Sold by
Hoskins H Sean Est and Palakewicz
Bought by
Gilbert John and Gilbert Diane
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 Type Sale Price Title Company
Warranty Deed $410,000 --
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Guardian Deed $57,000 --
Guardian Deed $57,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $410,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $410,000 -2.4% $292 / Sq Ft
07/26/2025 07/26/25 Pending -- -- --
06/07/2025 06/07/25 For Sale $419,900 -- $299 / 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 $4,874 $161,400 $44,000 $117,400
2024 $4,729 $161,400 $44,000 $117,400
2023 $4,648 $161,400 $44,000 $117,400
2022 $4,648 $161,400 $44,000 $117,400
2021 $4,553 $141,400 $42,000 $99,400
2020 $4,553 $141,400 $42,000 $99,400
2019 $4,553 $141,400 $42,000 $99,400
2018 $4,553 $141,400 $42,000 $99,400
2017 $4,202 $130,500 $42,000 $88,500
2016 $4,400 $138,800 $46,400 $92,400
2015 $4,400 $138,800 $46,400 $92,400
2014 $4,317 $138,800 $46,400 $92,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24102195

SmartMLS

APN: SALE-000019-000011