NOT LISTED FOR SALE

16 Alexander Rd Salem, CT 06420

Estimated Value: $520,000 - $635,000

4 Beds
3 Baths
2,521 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $435,000 $173 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,791/month

8 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Attic
  • Salem Elementary School Rated A-
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of July 2021

BRAND NEW CONSTRUCTION BUILT AND READY. Over 2500 sq. ft. Modern Split Level on 2 +/- Acres close to main routes. Stretch out in the huge Open Floor plan. Gorgeous kitchen offers plenty of storage, appliances and large island for seating. View the fireplace and TV while you entertain. Four nicely sized bedrooms, 3 full baths with tile floors. Possible in law quarters includes 2nd living room and sliders to the yard. Separate laundry room. Two car garage with possibility of workshop or storage. CENTRAL AIR just in time for summer! All room sizes approximate. Broker/Owner Related

Last Agent to Sell the Property

Judy Latham

Results Real Estate LLC License #REB.0752062 Listed on: 05/20/2021

Co-Listed By

Stormi Scott

Results Real Estate LLC License #RES.0814709

Last Buyer's Agent

Barbara Royea

Carl Guild & Associates License #RES.0805736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 2021

Lot Details

  • 2 Acre Lot
  • Partially Wooded Lot

Home Design

  • Split Level Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Shake Siding

Interior Spaces

  • 2,521 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated
  • Laundry Room

Kitchen

  • Electric Range
  • Range Hood
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Garage Access
  • Crawl Space

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Bottled Gas Heating
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,298

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Split Level
  • Sq Ft Est Heated Above Grade: 2521
  • Total Sq Ft: 2521
  • Year Built: 2021
  • New Construction: Completed/Never Occupied
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: West Road to Alexander
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Garage Access
  • Interior Amenities: Open Floor Plan
  • Appliances: Electric Range, Range Hood, Refrigerator, Icemaker, Dishwasher
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Laundry Room
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Deck, Lighting
  • Exterior Siding: Shake, Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Bottle Gas
  • Fuel Tank Location: Above Ground
  • 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
  • High School: East Lyme

Lot Info

  • Acres: 2.0000
  • Lot Description: Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: res

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 1298
  • Total Assessed Value: 40300
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 2554042

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 8, 2021
Sold by
J Healy Development Llc
Bought by
Rowe Michael and Rowe Samantha
Seller's Agent
Judy Latham
Results Real Estate LLC
Buyer's Agent
Barbara Royea
Carl Guild & Associates
List Price
$429,000
Sold Price
$435,000
Premium/Discount to List
$6,000
1.4%
Current Estimated Value
$577,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,240
Avg. Annual Appreciation
6.83%
Original Mortgage
$348,000
Outstanding Balance
$315,756
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,484

Purchase Details

Closed on
Oct 25, 2019
Sold by
J Healy Builders Llc
Bought by
J Healy Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Rowe Michael $435,000 None Available
Rowe Michael $435,000 None Available
J Healy Development Llc $130,000 --
J Healy Development Llc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowe Michael $348,000
Closed Rowe Michael $348,000
Previous Owner J Healy Development Llc $287,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2021 07/08/21 Sold $435,000 +1.4% $173 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $429,000 -- $170 / 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 $8,776 $290,600 $42,300 $248,300
2024 $8,515 $290,600 $42,300 $248,300
2023 $8,369 $290,600 $42,300 $248,300
2022 $8,369 $290,600 $42,300 $248,300
2021 $1,298 $40,300 $40,300 $0
2020 $1,298 $40,300 $40,300 $0
2019 $1,298 $40,300 $40,300 $0
2018 $1,298 $40,300 $40,300 $0
2017 $1,298 $40,300 $40,300 $0
2016 $1,417 $44,700 $44,700 $0
2015 $1,417 $44,700 $44,700 $0
2014 $1,390 $44,700 $44,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170402211

SmartMLS

APN: SALE-000010-000016-000008