NOT LISTED FOR SALE

159 Old Colchester Rd Salem, CT 06420

Estimated Value: $362,000 - $383,000

3 Beds
2 Baths
1,570 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $237,000 $151 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,397/month

129 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • 2.54 Acre Lot
  • Salem Elementary School Rated A-
  • Above Ground Pool
  • Deck

About This Home

As of March 2021

Peace and serenity thrive in the neighborhood of Gardner Lake, only .5 miles from the property. Vacation year round. Spring summer and fall, enjoy boating, fishing and bird watching, and ice skating during winter months.
First floor encompasses three bedrooms, two full bathrooms, open floor. Lower level has 514 sq.ft. of finished living area. The property is privately located and set back from the road. This house is being sold "AS IS." Any inspections done by buyers will be for informational purposes only.

Last Agent to Sell the Property

Barbara Doyen

Coldwell Banker Realty License #REB.0445800 Listed on: 09/12/2020

Coldwell Banker Realty

Last Buyer's Agent

Christine Bellanceau

Coldwell Banker Realty License #RES.0809921

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,861

Year Built

  • Built in 1984

Lot Details

  • 2.54 Acre Lot
  • Lake Front
  • Stone Wall
  • Secluded Lot
  • Cleared Lot
  • Property is zoned RU-A

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Gravel Driveway
  • Unpaved Parking

Pool

  • Above Ground Pool
  • Vinyl Pool

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Rain Gutters

Schools

  • Salem Elementary And Middle School
  • East Lyme High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Bottled Gas Heating
  • Power Generator
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Attic

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,861

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Neighborhood: Gardner Lake
  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 1056
  • Public Record Living Room Sq Ft: 1056
  • Sq Ft Est Heated Below Grade: 514
  • Total Sq Ft: 1570
  • Year Built: 1984
  • Nearby Amenities: Lake
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2176
  • Directions: Old Colchester Road to #159 - Rear Lot.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full, Partially Finished, Heated, Liveable Space
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Oven/Range, Range Hood, Dishwasher
  • Attic: Yes
  • Street Number Modifier: 159

Exterior Features

  • Exterior Features: Deck, Gutters, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Access, Beach Rights, Walk to Water
  • Swimming Pool: Yes
  • Pool: Above Ground Pool, Vinyl
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage, Unpaved, Paved
  • Garages Number: 2
  • Driveway Type: Paved, Asphalt, Gravel

Utilities

  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Bottle Gas
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Salem
  • Middle School: Salem
  • High School: East Lyme
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Generator Ready

Lot Info

  • Acres: 2.5400
  • Lot Description: Rear Lot, Dry, Cleared, Secluded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3861
  • Total Assessed Value: 119900
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 1563188

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Mar 12, 2021
Sold by
Rose William J
Bought by
Pickett Julie and Donahue Gavin
Seller's Agent
Barbara Doyen
Coldwell Banker Realty
Buyer's Agent
Christine Bellanceau
Coldwell Banker Realty
List Price
$235,000
Sold Price
$237,000
Premium/Discount to List
$2,000
0.85%
Current Estimated Value
$374,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,316
Avg. Annual Appreciation
10.15%
Original Mortgage
$225,150
Outstanding Balance
$202,746
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,755

Purchase Details

Closed on
Jun 17, 1996
Sold by
Alaska Louisiana Ptnr
Bought by
Rose William J and Misenheimer Ira W

Purchase Details

Closed on
Jun 16, 1996
Sold by
Property Asset Mgmt
Bought by
Alaska Louisana Partne
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
Pickett Julie $237,000 None Available
Rose William J $102,000 --
Alaska Louisana Partne $19,749 --
Rose William J $102,000 --
Alaska Louisana Partne $19,749 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickett Julie $225,150
Previous Owner Tuttle Craig $171,200
Previous Owner Tuttle Craig $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $237,000 +0.9% $151 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
09/24/2020 09/24/20 For Sale $235,000 -0.8% $150 / Sq Ft
09/15/2020 09/15/20 Off Market $237,000 -- --
09/12/2020 09/12/20 For Sale $235,000 0.0% $150 / Sq Ft
10/01/2016 10/01/16 Rented $1,600 0.0% --
09/14/2016 09/14/16 Under Contract -- -- --
08/29/2016 08/29/16 For Rent $1,600 -- --
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 $4,473 $148,100 $44,200 $103,900
2024 $4,339 $148,100 $44,200 $103,900
2023 $4,265 $148,100 $44,200 $103,900
2022 $4,303 $149,400 $44,200 $105,200
2021 $3,861 $119,900 $42,200 $77,700
2020 $3,861 $119,900 $42,200 $77,700
2019 $3,861 $119,900 $42,200 $77,700
2018 $3,861 $119,900 $42,200 $77,700
2017 $3,861 $119,900 $42,200 $77,700
2016 $3,924 $123,800 $42,200 $81,600
2015 $3,924 $123,800 $42,200 $81,600
2014 $3,850 $123,800 $42,200 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170336899

SmartMLS

APN: SALE-000012-000012-000005