NOT LISTED FOR SALE

151 Way Rd Salem, CT 06420

Estimated Value: $274,000 - $526,000

4 Beds
2.5 Baths
1,220 Sq Ft
$341/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2015

Last sale price $205,000 $168 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,870 / mo

4 Days on Market

Highlights

  • 4.71 Acre Lot
  • Open Floorplan
  • Ranch Style House
  • Salem Elementary School Rated A-
  • Deck
  • Partially Wooded Lot

About This Home

As of July 2015

Absolutely beautifully remodeled raised ranch. 3 nicely sized bedrooms. Master bedroom with half bath. Full baths are woderfully updated. Oversized whirlpool tubs. Huge open floor plan in the living room and kitchen. Granite counter tops, new cabinets, tile flooring, windows, wood flooring, roof and paint. Pellet stove in the walk out family room. 2. 5 baths. Privately set back off of the road. Nice back yard. A must see!!!

Last Agent to Sell the Property

Robin Smith

RE/MAX Bell Park Realty License #RES.0386632 Listed on: 06/11/2015

RE/MAX Bell Park Realty

Last Buyer's Agent

Stacey Wyeth

William Pitt Sotheby's Int'l License #RES.0795877

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1983

Lot Details

  • 4.71 Acre Lot
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,220 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Parking

  • Parking Deck
  • Driveway

Outdoor Features

  • Deck

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,330

Year Built

Built in 1983

Lot Details

4.71 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 1220
  • Year Built: 1983
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: EXIT 82, TO RTE2 WEST, TO EXIT 23, LEFT ONTO HAUGHTON ROAD, RIGHT ONTO BOZRAH STREET RIGHT ONTO LAKE ROAD, WHICH TURNS INTO WAY ROAD BY STAYING STRAIGHT ON THE ROAD, HOUSE IS ON THE LEFT.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Concrete Floor, Full With Walk-Out
  • Interior Amenities: Open Floor Plan
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Laundry Room Location: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 4.7100
  • Lot Description: Lightly Wooded

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 2330
  • Assessor Parcel Number: 1563482

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
Aug 13, 2015
Sold by
Sylvestre Holdings Llc
Bought by
Schubel Thomas J
Seller's Agent
Robin Smith
RE/MAX Bell Park Realty
Buyer's Agent
Stacey Wyeth
William Pitt Sotheby's Int'l
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%
Current Estimated Value
$415,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,833
Avg. Annual Appreciation
6.81%
Original Mortgage
$194,750
Outstanding Balance
$152,857
Interest Rate
3.97%
Estimated Equity
$262,976

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jul 30, 2015
Sold by
Sylvestre Holdings Llc
Bought by
Schubel Thomas
Seller's Agent
Robin Smith
RE/MAX Bell Park Realty
Buyer's Agent
Stacey Wyeth
William Pitt Sotheby's Int'l
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Outstanding Balance
$152,857
Interest Rate
3.97%
Estimated Equity
$262,976

Purchase Details

Listed on
Feb 13, 2015
Closed on
Apr 16, 2015
Sold by
Deutsche Bk Natl T Co
Bought by
Sylvestre Holdings Llc
Seller's Agent
Heidi Cordray
Asset Real Estate
Buyer's Agent
Robin Smith
RE/MAX Bell Park Realty
List Price
$83,020
Sold Price
$70,000
Premium/Discount to List
-$13,020
-15.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3965.91%

Purchase Details

Closed on
Sep 9, 1999
Sold by
Cochrum Steven Dale
Bought by
Lincoln George N

Purchase Details

Closed on
Jan 29, 1996
Sold by
Macleod Alexander and Macleod Geraldine F
Bought by
Cockrum Steven Dale and Cockrum Connie B
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
Schubel Thomas J $205,000 --
Schubel Thomas J $205,000 --
Schubel Thomas $205,000 --
Schubel Thomas $205,000 --
Sylvestre Holdings Llc $70,000 --
Sylvestre Holdings Llc $70,000 --
Lincoln George N $128,000 --
Lincoln George N $128,000 --
Cockrum Steven Dale $129,500 --
Cockrum Steven Dale $129,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cockrum Steven Dale $194,750
Closed Cockrum Steven Dale $194,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2015 07/31/15 Sold $205,000 -2.3% $168 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $209,900 +199.9% $172 / Sq Ft
04/15/2015 04/15/15 Sold $70,000 -15.7% $57 / Sq Ft View Prior Sale
03/30/2015 03/30/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $83,020 -- $68 / Sq Ft
Source: SmartMLS

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 $7,976 $264,100 $47,700 $216,400
2024 $6,165 $210,400 $47,700 $162,700
2023 $6,060 $210,400 $47,700 $162,700
2022 $5,916 $205,400 $47,700 $157,700
2021 $5,059 $157,100 $45,700 $111,400
2020 $5,059 $157,100 $45,700 $111,400
2019 $5,059 $157,100 $45,700 $111,400
2018 $5,059 $157,100 $45,700 $111,400
2017 $4,930 $153,100 $45,700 $107,400
2016 $4,546 $143,400 $51,900 $91,500
2015 $4,619 $145,700 $54,200 $91,500
2014 $4,531 $145,700 $54,200 $91,500
Source: Public Records

Agents Affiliated with this Home

  • Heidi Cordray

    Seller's Agent in 2015

    Heidi Cordray

    Asset Real Estate

    (860) 941-4474

    43 Total Sales

    Heidi Cordray
    Section Image
  • Robin Smith

    Seller's Agent in 2015

    Robin Smith

    RE/MAX

    (860) 428-1838

    1 in this area

    152 Total Sales

    Robin Smith
    Section Image
  • Stacey Wyeth

    Buyer's Agent in 2015

    Stacey Wyeth

    William Pitt

    (860) 941-5106

    4 in this area

    150 Total Sales

    Stacey Wyeth
    Section Image
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Map

Source: SmartMLS

MLS Number: E10054749

SmartMLS

APN: SALE-000015-000038-000012

Connecticut New London County Salem 06420

151 Way Rd, Salem, CT

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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