NOT LISTED FOR SALE

127 Old New London Rd Salem, CT 06420

Estimated Value: $367,277 - $412,000

3 Beds
1.5 Baths
1,512 Sq Ft
$258/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $325,000 $215 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,483/month

6 Days on Market

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

Robert Curry

Pearce Real Estate License #RES.0796414 Listed on: 08/24/2023

Pearce Real Estate

Last Buyer's Agent

Josie Kamansky

eXp Realty License #RES.0764957

eXp Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,052

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1512
  • Public Record Living Room Sq Ft: 1344
  • Total Sq Ft: 1512
  • Year Built: 1975
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2816
  • Tax Year Updated Dt: 08/28/2023
  • Directions: Darling Rd -> Old New London Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor, Storage
  • Appliances: Electric Cooktop, Refrigerator, Washer, Dryer
  • Laundry Room Location: Basement
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 127

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard
  • 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
  • Special Association Assessment Y: No

Schools

  • Elementary School: Salem
  • High School: East Lyme

Lot Info

  • Acres: 1.0400
  • Lot Description: Secluded, Lightly Wooded, Fence - Chain Link
  • Flood Zone: No
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4052
  • Total Assessed Value: 140700
  • Mil Rate Base: 28.800
  • Mil Rate Total: 28.800
  • Assessor Parcel Number: 1562533

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

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%
Views
49
Current Estimated Value
$389,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,819
Avg. Annual Appreciation
9.42%
Original Mortgage
$290,250
Outstanding Balance
$284,607
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$105,212
Source: Public Records

Range of Values:

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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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $5,004 $165,700 $40,300 $125,400
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

    61 Total Sales

    Robert Curry
    Section Image
  • Josie Kamansky

    Buyer's Agent in 2023

    Josie Kamansky

    eXp Realty

    (860) 966-0569

    1 in this area

    69 Total Sales

    Josie Kamansky
    Section Image
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Map

Source: SmartMLS

MLS Number: 170593252

SmartMLS

APN: SALE-000005-000009-000001

Connecticut New London County Salem 06420

127 Old New London Rd, Salem, CT

This home is located at 127 Old New London Rd, Salem, CT 06420 since 24 August 2023 and is currently estimated at $389,819, approximately $257 per square foot. This property was built in 1975. 127 Old New London Rd is a home located in New London County with nearby schools including Salem Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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