Estimated Value: $352,258 - $400,000
3
Beds
1.5
Baths
1,512
Sq Ft
$245/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Deck
- Partially Wooded Lot
- Salem Elementary School Rated A-
- Secluded Lot
- 2 Fireplaces
About This Home
As of October 2023**WE HAVE MULTIPLE OFFERS. HIGHEST AND BEST OFFERS ARE DUE BY MONDAY (8/28) AT NOON** Charming three-bedroom cape cod with plenty to offer! There is a first-floor bedroom and a full bathroom that was renovated less than five years ago, making this house an option for one-floor living. This house includes an updated kitchen with granite countertops and wood cabinets. Coveted wide-plank hardwood floors are in the dining room, living room, and all three bedrooms. A beautifully finished, fully heated sunroom adds 168 sq. ft. with skylights, propane fireplace, and many windows making this truly a sun-filled space. Living room has a centered propane fireplace. Upstairs features large bedrooms and a half bath. Large backyard with a fenced portion for pets. Quiet and secluded property great for bird watching and sitting on the deck taking in nature. Close proximity to Salem Valley Farms, Route 11, Fox Farm Brewery, and Devil's Hopyard State Park. Salem residents attend East Lyme High School. New septic system installed in 2016.
Last Agent to Sell the Property
Pearce Real Estate License #RES.0796414 Listed on: 08/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,052
Year Built
- Built in 1975
Lot Details
- 1.04 Acre Lot
- Secluded Lot
- Partially Wooded Lot
- Property is zoned RU-A
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,512 Sq Ft Home
- Ceiling Fan
- 2 Fireplaces
- Concrete Flooring
- Electric Cooktop
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
- Basement Storage
Parking
- Parking Deck
- Driveway
- Off-Street Parking
Outdoor Features
- Deck
Schools
- Salem Elementary School
- East Lyme High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Oil
- Private Company Owned Well
- Oil Water Heater
- Fuel Tank Located in Basement
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2023
Closed on
Oct 6, 2023
Sold by
Giordano Patricia
Bought by
Saltus Michael E
Seller's Agent
Robert Curry
Pearce Real Estate
Buyer's Agent
Josie Kamansky
eXp Realty
List Price
$314,900
Sold Price
$325,000
Premium/Discount to List
$10,100
3.21%
Total Days on Market
6
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,815
Avg. Annual Appreciation
8.54%
Original Mortgage
$290,250
Outstanding Balance
$285,900
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$88,587
Similar Homes in Salem, CT
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saltus Michael E | $325,000 | None Available | |
| Saltus Michael E | $325,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Saltus Michael E | $290,250 | |
| Closed | Saltus Michael E | $290,250 | |
| Previous Owner | Barkman Patricia | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $325,000 | +3.2% | $215 / Sq Ft |
| 08/30/2023 08/30/23 | Pending | -- | -- | -- |
| 08/24/2023 08/24/23 | For Sale | $314,900 | -- | $208 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $4,855 | $165,700 | $40,300 | $125,400 |
| 2023 | $4,052 | $140,700 | $40,300 | $100,400 |
| 2022 | $4,052 | $140,700 | $40,300 | $100,400 |
| 2021 | $3,825 | $118,800 | $38,400 | $80,400 |
| 2020 | $3,825 | $118,800 | $38,400 | $80,400 |
| 2019 | $3,825 | $118,800 | $38,400 | $80,400 |
| 2018 | $3,825 | $118,800 | $38,400 | $80,400 |
| 2017 | $3,825 | $118,800 | $38,400 | $80,400 |
| 2016 | $3,775 | $119,100 | $42,700 | $76,400 |
| 2015 | $3,775 | $119,100 | $42,700 | $76,400 |
| 2014 | $3,704 | $119,100 | $42,700 | $76,400 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Curry
Seller's Agent in 2023
Robert Curry
Pearce Real Estate
(203) 927-8947
1 in this area
63 Total Sales
-
Josie Kamansky
Buyer's Agent in 2023
Josie Kamansky
eXp Realty
(860) 966-0569
1 in this area
69 Total Sales
Map
Source: SmartMLS
MLS Number: 170593252
APN: SALE-000005-000009-000001
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