NOT LISTED FOR SALE

201 Old Colchester Rd Salem, CT 06420

Estimated Value: $358,000 - $386,762

3 Beds
1.5 Baths
1,575 Sq Ft
$234/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $158,000 $100 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,484/month

71 Days on Market

Highlights

  • 4.35 Acre Lot
  • Deck
  • Partially Wooded Lot
  • Salem Elementary School Rated A-
  • Raised Ranch Architecture
  • 1-minute walk to Gardner Lake Park

About This Home

As of March 2016

Refreshed and ready for Sale, this lovely Raised Ranch with newly finished lower level, new paint and carpeting throughout with the possibility of a two car garage. Prior owner took garage doors out to make a workshop. New owner could convert back to two car garage, use the space as a workshop, or finish if desired. Property abuts to state owned land with trails for hiking and pets. Across the street from Gardeners Lake and near boat launch. Come see this great home in a private setting.

Last Agent to Sell the Property

Randy Gallogly

Carl Guild & Associates License #RES.0796594 Listed on: 11/17/2015

Last Buyer's Agent

Catherine Deschenes

eXp Realty License #RES.0772626

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 1985

Lot Details

  • 4.35 Acre Lot
  • Partially Wooded Lot
  • Many Trees

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding

Interior Spaces

  • 1,575 Sq Ft Home
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Deck
  • Gravel Driveway

Outdoor Features

  • Deck

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,150

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Raised Ranch
  • Total Sq Ft: 1575
  • Year Built: 1985
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Shared driveway with 199 Old Colchester Rd. Property sits back from the road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Partially Finished
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Oven/Range, Refrigerator, Range Hood
  • Laundry Room Location: Lower Level
  • Attic: Yes
  • Street Number Modifier: 201

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Gravel

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Salem
  • High School: East Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 4.3500
  • Lot Description: Lightly Wooded, Treed

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4150
  • Total Assessed Value: 130900
  • Mil Rate Total: 31.700
  • Assessor Parcel Number: 1563200

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Mar 23, 2016
Sold by
Hoyt Arthur T
Bought by
Blair James B
Seller's Agent
Randy Gallogly
Carl Guild & Associates
Buyer's Agent
Catherine Deschenes
eXp Realty
List Price
$169,900
Sold Price
$158,000
Premium/Discount to List
-$11,900
-7%
Total Days on Market
71
Current Estimated Value
$369,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,191
Avg. Annual Appreciation
9.63%
Original Mortgage
$162,467
Outstanding Balance
$130,336
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,244

Purchase Details

Closed on
Aug 11, 1989
Sold by
Piascyk Theo
Bought by
Hoyt Arthur
Source: Public Records

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Range of Values:

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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
Blair James B $158,000 --
Blair James B $158,000 --
Hoyt Arthur $166,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoyt Arthur $162,467
Closed Hoyt Arthur $162,467
Previous Owner Hoyt Arthur $155,000
Previous Owner Hoyt Arthur $182,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Sold $158,000 -7.0% $100 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $169,900 -- $108 / 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
2024 $4,943 $168,700 $50,500 $118,200
2023 $4,859 $168,700 $50,500 $118,200
2022 $4,859 $168,700 $50,500 $118,200
2021 $4,379 $136,000 $48,500 $87,500
2020 $4,379 $136,000 $48,500 $87,500
2019 $4,379 $136,000 $48,500 $87,500
2018 $3,586 $136,000 $48,500 $87,500
2017 $3,351 $136,000 $48,500 $87,500
2016 $4,150 $130,900 $48,500 $82,400
2015 $4,150 $130,900 $48,500 $82,400
2014 $4,071 $130,900 $48,500 $82,400
Source: Public Records

Agents Affiliated with this Home

  • Randy Gallogly

    Seller's Agent in 2016

    Randy Gallogly

    Carl Guild & Associates

    (860) 710-8587

    3 in this area

    25 Total Sales

    Randy Gallogly
    Section Image
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Map

Source: SmartMLS

MLS Number: G10094790

SmartMLS

APN: SALE-000012-000012-000017

Connecticut New London County Salem 06420

201 Old Colchester Rd, Salem, CT

This home is located at 201 Old Colchester Rd, Salem, CT 06420 since 17 November 2015 and is currently estimated at $369,191, approximately $234 per square foot. This property was built in 1985. 201 Old Colchester Rd is a home located in New London County with nearby schools including Salem Elementary School and St. Thomas More School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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