NOT LISTED FOR SALE

124 Witter Rd Salem, CT 06420

Estimated Value: $463,307 - $561,000

3.52 Acres
$145,974 Price per Acre
153,331 Sq Ft Lot

Last Sold September 01, 2017

Last sale price $28,000

Est. 1,735% increase in value since last sale

Current estimated payment $3,211/month

368 Days on Market

Highlights

  • 3.52 Acre Lot
  • Partially Wooded Lot
  • Level Lot
  • Salem Elementary School Rated A-
  • No HOA

About This Lot

As of September 2017

Great Price!! Just a short walk to Gardner's Lake! Buildable lot with a map of the house location including septic and well location. Established residential neighborhood, seller motivated, driveway on lot is on the left side with 251 ft frontage to right

Last Agent to Sell the Property

Joyce Covone

Berkshire Hathaway NE Prop. License #RES.0750119 Listed on: 08/15/2016

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Joyce Covone

Berkshire Hathaway NE Prop. License #RES.0750119 Listed on: 08/15/2016

Berkshire Hathaway NE Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,262

Lot Details

  • 3.52 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Schools

  • Salem Elementary And Middle School
  • East Lyme High School

Utilities

  • Heating System Uses Oil Above Ground
  • Well Required

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,262

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Old Colchester Road (Route 354) to Witter Road.
  • Special Features: None

Interior Features

  • Street Number Modifier: 124

Exterior Features

  • Road Frontage Description: Paved Road, Municipal Street
  • Road Frontage Approximate: 251

Utilities

  • Fuel Tank Location: Above Ground
  • Water Source: Well Required
  • Sewer: Septic Required
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Salem
  • Middle School: Salem
  • High School: East Lyme High School
  • Intermediate School: Salem

Lot Info

  • Acres: 3.5200
  • Lot Description: Level Lot, Lightly Wooded
  • Development Status: Approved Lot
  • Flood Zone: No
  • Potential Land Uses: Single Family
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 1262
  • Total Assessed Value: 39200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 2554086

MLS Schools

  • Elementary School: Salem
  • Middle Jr High School: Salem
  • High School: East Lyme High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2016
Closed on
Sep 5, 2017
Sold by
Farber Stewart A
Bought by
Giffin Joanne L and Giffin Douglas G
Seller's Agent
Joyce Covone
Berkshire Hathaway NE Prop.
Buyer's Agent
Joyce Covone
Berkshire Hathaway NE Prop.
List Price
$49,900
Sold Price
$28,000
Premium/Discount to List
-$21,900
-43.89%
Current Estimated Value
$513,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,827
Avg. Annual Appreciation
43.03%

Purchase Details

Closed on
Jan 28, 2013
Sold by
Greenman Nancie B and Newman Joanne K
Bought by
Farber Stewart A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Giffin Joanne L $28,000 --
Giffin Joanne L $28,000 --
Farber Stewart A $45,000 --
Farber Stewart A $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Sold $28,000 -19.8% --
07/08/2017 07/08/17 Price Changed $34,900 -30.1% --
08/15/2016 08/15/16 For Sale $49,900 -- --
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 $5,841 $193,400 $41,000 $152,400
2024 $5,667 $193,400 $41,000 $152,400
2023 $5,570 $193,400 $41,000 $152,400
2022 $5,570 $193,400 $41,000 $152,400
2021 $5,793 $179,900 $39,200 $140,700
2020 $5,793 $179,900 $39,200 $140,700
2019 $5,793 $179,900 $39,200 $140,700
2018 $1,262 $39,200 $39,200 $0
2017 $1,262 $39,200 $39,200 $0
2016 $1,585 $50,000 $50,000 $0
2015 $1,585 $50,000 $50,000 $0
2014 $1,555 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10160417

SmartMLS

APN: 15 017 A00