$158,000
SOLD MAR 23, 2016

201 Old Colchester Rd Salem, CT 06420

3 Beds
1.5 Baths
1,575 Sq Ft
4.35 Acres

Recently Sold

$100 Per Sq Ft

7% Below List Price

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%
Current Estimated Value
$386,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,100
Avg. Annual Appreciation
9.74%
Original Mortgage
$162,467
Outstanding Balance
$129,293
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,524

Purchase Details

Closed on
Aug 11, 1989
Sold by
Piascyk Theo
Bought by
Hoyt Arthur
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 Type Sale Price Title Company
Warranty Deed $158,000 --
Warranty Deed $158,000 --
Deed $166,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $162,467 Purchase Money Mortgage
Closed $162,467 New Conventional
Previous Owner $155,000 No Value Available
Previous Owner $182,250 No Value Available
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
2025 $5,095 $168,700 $50,500 $118,200
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

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Map

Source: SmartMLS

MLS Number: G10094790

SmartMLS

APN: SALE-000012-000012-000017