NOT LISTED FOR SALE

2 Morgan Rd Salem, CT 06420

Estimated Value: $366,000 - $416,320

3 Beds
2 Baths
1,151 Sq Ft
$344/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $315,741 $274 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,656/month

2 Days on Market

Highlights

  • Deck
  • Raised Ranch Architecture
  • Corner Lot
  • Salem Elementary School Rated A-
  • Partially Wooded Lot
  • No HOA

About This Home

As of September 2021

This gorgeous home is a must-see! Raised ranch sitting on a quiet corner lot. Hardwood floors throughout the home. Open concept kitchen/dining/living room. Propane fired stove to help warm the house. A bedroom, full bath, and master suite on the first floor. Master suite has it's own full bathroom and walk-in closet. 3rd bedroom is in the lower level with a laundry room. Laundry room is plumbed and ready for a half bath if the new owner chooses to add. 2 car under house garage provides for storage and parking. New tankless hot water heater. Newer well pump. This house has been extremely well maintained and pride of ownership shows!! Come make this house your home & Prepare to be SOLD!!

Last Agent to Sell the Property

Erica Georgetti

RE/MAX One License #RES.0814412 Listed on: 08/11/2021

RE/MAX One

Last Buyer's Agent

Tracee Adams

William Raveis Real Estate License #RES.0807414

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,788

Year Built

  • Built in 2011

Lot Details

  • 1.88 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Partially Wooded Lot
  • Property is zoned RU-A

Home Design

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

Interior Spaces

  • 1,151 Sq Ft Home
  • Attic Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deck

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Private Company Owned Well
  • Tankless Water Heater
  • Fuel Tank Located in Ground

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,788

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 1151
  • Public Record Living Room Sq Ft: 1151
  • Total Sq Ft: 1151
  • Year Built: 2011
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2355
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Liveable Space
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 2

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • 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: Private

Utilities

  • Cooling System: Attic Fan, Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Tankless Hotwater
  • 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: 1.8800
  • Lot Description: Open Lot, Corner Lot, Level Lot, Lightly Wooded
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4788
  • Total Assessed Value: 148700
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 1563783

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 5, 2021
Sold by
Patton Charlene and Patton Brian
Bought by
Flanagan Kyle E and Mikulka Aleck
Seller's Agent
Erica Georgetti
RE/MAX One
Buyer's Agent
Tracee Adams
William Raveis Real Estate
List Price
$309,900
Sold Price
$315,741
Premium/Discount to List
$5,841
1.88%
Current Estimated Value
$396,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,339
Avg. Annual Appreciation
5.94%
Original Mortgage
$299,953
Outstanding Balance
$274,714
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$121,228

Purchase Details

Listed on
Jun 30, 2011
Closed on
Feb 21, 2012
Sold by
Schwab Duane F
Bought by
Patton Charlene and Patton Brian
Seller's Agent
Gita Ghaemi
Carl Guild & Associates
Buyer's Agent
Gita Ghaemi
Carl Guild & Associates
List Price
$269,000
Sold Price
$270,000
Premium/Discount to List
$1,000
0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.64%
Original Mortgage
$216,000
Interest Rate
3.93%

Purchase Details

Closed on
May 20, 2010
Sold by
Est Palakewicz Alex and Hoskins H Sean
Bought by
Schwab Duane F
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
Flanagan Kyle E $315,741 None Available
Flanagan Kyle E $315,741 None Available
Patton Charlene $270,000 --
Patton Charlene $270,000 --
Schwab Duane F $40,000 --
Schwab Duane F $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanagan Kyle E $299,953
Closed Flanagan Kyle E $299,953
Previous Owner Schwab Duane F $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $315,741 +1.9% $274 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $309,900 +14.8% $269 / Sq Ft
02/16/2012 02/16/12 Sold $270,000 +0.4% $169 / Sq Ft
10/20/2011 10/20/11 Pending -- -- --
06/30/2011 06/30/11 For Sale $269,000 -- $168 / 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 $6,019 $199,300 $41,800 $157,500
2024 $5,839 $199,300 $41,800 $157,500
2023 $5,740 $199,300 $41,800 $157,500
2022 $5,740 $199,300 $41,800 $157,500
2021 $4,788 $148,700 $39,800 $108,900
2020 $4,788 $148,700 $39,800 $108,900
2019 $4,788 $148,700 $39,800 $108,900
2018 $4,788 $148,700 $39,800 $108,900
2017 $4,788 $148,700 $39,800 $108,900
2016 $5,031 $158,700 $39,800 $118,900
2015 $5,031 $158,700 $39,800 $118,900
2014 $4,936 $158,700 $39,800 $118,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170427129

SmartMLS

APN: SALE-000019-000002