NOT LISTED FOR SALE

16 Syleo Ln Salem, CT 06420

Estimated Value: $94,000 - $886,000

3 Beds
2.5 Baths
2,000 Sq Ft
$293/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $814,953 $407 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $4,099/month

163 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Forced Air Zoned Heating and Cooling System
  • Salem Elementary School Rated A-
  • Thermal Windows
  • Home to be built

About This Home

As of November 2023

Welcome to Forsyth Estates, a beautiful and elegant subdivision in rural Salem. With packages starting at 2,000 square feet on level lots, you can build your dream home to your exact specifications. Bring your own plans, or choose from ours! You can choose from a variety of cabinets, granite, hardwoods, tile, moldings, fixtures, doors, siding, and shingles. Subdivision has underground utilities, and all homes equipped with propane heating systems and central AC. Upgrades are also available! Model homes are available to view, so you can see the quality craftsmanship that D&D Quality Builders offers. Homes come with a one-year warranty. There are 4 remaining lots available, ranging from 1.8+ to 6+ acres. 1 lot (469 Forsyth) can potentially accommodate a walk-out basement. Let us know what you want and we will price it out for you. Pictures and 3D Tour are used with permission to show quality of construction to prospective buyers and reflect several upgrades.

Last Agent to Sell the Property

Paula Turley

CR Premier Properties License #REB.0794370 Listed on: 05/28/2023

Last Buyer's Agent

Paula Turley

CR Premier Properties License #REB.0794370 Listed on: 05/28/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 2023

Lot Details

  • 1.87 Acre Lot
  • Property is zoned RUA

Parking

  • 2 Car Garage

Home Design

  • Home to be built
  • Colonial Architecture
  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Thermal Windows
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Salem Elementary And Middle School
  • East Lyme High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Underground Utilities
  • Well Required
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2554014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial, Ranch
  • Sq Ft Est Heated Above Grade: 2000
  • Total Sq Ft: 2000
  • Year Built: 2023
  • New Construction: To Be Built
  • Nearby Amenities: Lake, Park, Public Pool, Stables/Riding
  • In Law Access: Possible
  • Direct Waterfront: No
  • Encumbrances Restrictions: Deed Restrictions
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Forsyth Road to Syleo Lane
  • Financing Used: Other
  • In Law Apartment: Possible
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch, Storage Space
  • Basement Description: Full, Unfinished, Storage
  • Interior Amenities: Cable - Available
  • Appliances: Allowance
  • Laundry Room Location: buyer's choice
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 16
  • Other SqFt Description: To Be Built

Exterior Features

  • Exterior Features: Gutters, Lighting, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage, Driveway

Utilities

  • Cooling System: Central Air, Zoned, None
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 50 Gallon Tank, Electric, Propane
  • Water Source: Well Required
  • Sewer: Septic Required

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 1.87
  • Lot Description: On Cul-De-Sac Open Lot In Subdivision Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RUA
  • Parcel #: 2554014

Tax Info

  • Property Tax: 1431
  • Total Assessed Value: 49700
  • Mil Rate Total: 28.8

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
May 28, 2023
Closed on
Nov 7, 2023
Sold by
Syleo Developers Llc
Bought by
Morency Lauren A and Wilson Kyle C
Seller's Agent
Paula Turley
CR Premier Properties
Buyer's Agent
Paula Turley
CR Premier Properties
List Price
$685,000
Sold Price
$814,953
Premium/Discount to List
$129,953
18.97%
Views
62
Current Estimated Value
$585,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$229,286
Avg. Annual Appreciation
-17.09%
Original Mortgage
$680,000
Outstanding Balance
$667,052
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$84,385
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
Morency Lauren A $85,000 None Available
Morency Lauren A $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morency Lauren A $680,000
Closed Morency Lauren A $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Pending -- -- --
11/07/2023 11/07/23 Sold $814,953 +19.0% $407 / Sq Ft
05/28/2023 05/28/23 For Sale $685,000 -- $343 / 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 $11,890 $393,700 $49,700 $344,000
2024 $1,456 $49,700 $49,700 $0
2023 $1,431 $49,700 $49,700 $0
2022 $1,431 $49,700 $49,700 $0
2021 $1,536 $47,700 $47,700 $0
2020 $1,536 $47,700 $47,700 $0
2019 $1,536 $47,700 $47,700 $0
2018 $1,536 $47,700 $47,700 $0
2017 $1,536 $47,700 $47,700 $0
2016 $1,680 $53,000 $53,000 $0
2015 $1,680 $53,000 $53,000 $0
2014 $1,648 $53,000 $53,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170573311

SmartMLS

APN: SALE-000009-000026-000012