NOT LISTED FOR SALE

17 Norwich Rd Salem, CT 06420

Estimated Value: $281,000 - $440,000

4 Beds
3 Baths
2,138 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $255,000 $119 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,431/month

38 Days on Market

Highlights

  • 1 Fireplace
  • Property is near shops
  • Hot Water Heating System
  • Salem Elementary School Rated A-
  • Hot Water Circulator
  • 5-minute walk to Salem Community Park

About This Home

As of July 2024

Interesting Split level home with 4 bedrooms with an in-law studio possibility. LR has a wood burning fireplace. Hardwood floors. 2 car garage. Home needs a good amount of work.

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 05/31/2024

Last Buyer's Agent

Kevin Fennell

eXp Realty License #RES.0811045

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,306

Year Built

  • Built in 1967

Lot Details

  • 1.03 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,138 Sq Ft Home
  • 1 Fireplace
  • Partial Basement
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near shops

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1563730

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,306

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Split Level
  • Sq Ft Est Heated Above Grade: 2138
  • Total Sq Ft: 2138
  • Year Built: 1967
  • New Construction: No/Resale
  • Nearby Amenities: Shopping/Mall
  • In Law Access: LOWER,ENTRY
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Rte 85 to Salem 4 Corners. Take first right off the roundabout heading north onto Rte 82/Norwich Rd.
  • Financing Used: Private
  • In Law Apartment: Yes
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Partial
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Unpaved
  • Total Parking Spaces: 4
  • Garage And Parking: Under House Garage, Driveway, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Lot Info

  • Acres: 1.03
  • Lot Description: Level Lot
  • Zoning: B
  • Parcel #: 1563730

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5306

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 2, 2024
Sold by
Walsh Michael C and Luna Hidalgo Lyndsey
Bought by
Hall Neville
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Kevin Fennell
eXp Realty
List Price
$285,000
Sold Price
$255,000
Premium/Discount to List
-$30,000
-10.53%
Views
24
Current Estimated Value
$375,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,059
Avg. Annual Appreciation
32.53%
Original Mortgage
$285,000
Outstanding Balance
$281,116
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,943

Purchase Details

Closed on
May 22, 2001
Sold by
Bailey Lonnie
Bought by
Eldridge Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.03%

Purchase Details

Closed on
Apr 30, 1996
Sold by
Bailey Lonnie L and Bailey Cynthia L
Bought by
Grey James J and Grey Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hall Neville $255,000 None Available
Hall Neville $255,000 None Available
Hall Neville $255,000 None Available
Eldridge Jeffrey $155,000 --
Grey James J $150,000 --
Eldridge Jeffrey $155,000 --
Grey James J $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Neville $285,000
Closed Hall Neville $285,000
Previous Owner Grey James J $150,000
Previous Owner Grey James J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2024 07/09/24 Sold $255,000 -10.5% $119 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $285,000 -- $133 / 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 $5,469 $181,100 $38,300 $142,800
2024 $5,306 $181,100 $38,300 $142,800
2023 $5,216 $181,100 $38,300 $142,800
2022 $5,216 $181,100 $38,300 $142,800
2021 $4,617 $143,400 $38,300 $105,100
2020 $4,617 $143,400 $38,300 $105,100
2019 $4,617 $143,400 $38,300 $105,100
2018 $4,617 $143,400 $38,300 $105,100
2017 $4,617 $143,400 $38,300 $105,100
2016 $4,787 $151,000 $42,500 $108,500
2015 $4,787 $151,000 $42,500 $108,500
2014 $4,696 $151,000 $42,500 $108,500
Source: Public Records

Agents Affiliated with this Home

  • Thomas Switz

    Seller's Agent in 2024

    Thomas Switz

    Switz Real Estate Associates

    (860) 572-9501

    1 in this area

    271 Total Sales

    Thomas Switz
    Section Image
  • Kevin Fennell

    Buyer's Agent in 2024

    Kevin Fennell

    eXp Realty

    (860) 884-3302

    1 in this area

    43 Total Sales

    Kevin Fennell
    Section Image
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Map

Source: SmartMLS

MLS Number: 24021585

SmartMLS

APN: SALE-000018-000018

Connecticut New London County Salem 06420

17 Norwich Rd, Salem, CT

Not Listed for Sale

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