NOT LISTED FOR SALE

203 Old New London Rd Salem, CT 06420

Estimated Value: $465,391 - $621,000

4 Beds
2.5 Baths
2,088 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $282,000 $135 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,328/month

74 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Attic
  • Salem Elementary School Rated A-
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of May 2015

Stunning Describes this Bright and Airy, Four Bedroom, Two-Full & One-Half Bath, 2088 Square Foot Colonial with Gleaming Hardwood Floors on Beautiful 1.38 acre Private Lot with In Ground Pool and Fenced Back Yard. Custom Kitchen with Oversized Scribner's Cabinets, Granite and Stainless. First Floor Office/Den is An Additional Feature along with Two-Car Attached Garage. Comfortable Family Room in Lower Level is a Surprise Bonus which Is Not Included in Square Footage. Home is Completely Updated and is Newly Painted Throughout this Year! See Virtual Tour!

Last Agent to Sell the Property

Sherri-Lynn Milkie

Berkshire Hathaway NE Prop. License #REB. Listed on: 12/16/2014

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Jason Pope

RE/MAX One License #RES.0756085

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,743

Year Built

  • Built in 1978

Lot Details

  • 1.38 Acre Lot
  • Partially Wooded Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,088 Sq Ft Home
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Salem Elementary School
  • Pboe High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,743

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2088
  • Year Built: 1978
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 85, Left on Salem turnpike which turns into Old New London Road. Home will be on Left. See sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway, Full, Partially Finished
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Dishwasher
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 203

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: Yes
  • Pool: In Ground Pool

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Salem
  • High School: PBOE

Lot Info

  • Acres: 1.3800
  • Lot Description: Lightly Wooded, Fence - Partial, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 5743
  • Total Assessed Value: 190800
  • Mil Rate Total: 30.100
  • Assessor Parcel Number: 1562542

MLS Schools

  • Elementary School: Salem
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2014
Closed on
May 28, 2015
Sold by
Clay-Reese Daniel and Reese Elizabeth H
Bought by
Grillo Kimberly L
Seller's Agent
Sherri-Lynn Milkie
Berkshire Hathaway NE Prop.
Buyer's Agent
Jason Pope
RE/MAX One
List Price
$294,999
Sold Price
$282,000
Premium/Discount to List
-$12,999
-4.41%
Current Estimated Value
$520,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,348
Avg. Annual Appreciation
6.07%
Original Mortgage
$270,000
Outstanding Balance
$208,373
Interest Rate
3.65%
Estimated Equity
$311,975

Purchase Details

Listed on
Oct 1, 2013
Closed on
Mar 31, 2014
Sold by
Mcnally Frank M and Mcnally Gay F
Bought by
Reese Daniel C and Reese Elizabeth H
Seller's Agent
Melissa Giangrasso
Signature Properties of NewEng
Buyer's Agent
Sherri-Lynn Milkie
Berkshire Hathaway NE Prop.
List Price
$269,500
Sold Price
$263,500
Premium/Discount to List
-$6,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$269,165
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 1996
Sold by
Parent Jane M
Bought by
Mcnally Frank M and Mcnally Gay P
Source: Public Records

Range of Values:

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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
Grillo Kimberly L $282,000 --
Grillo Kimberly L $282,000 --
Reese Daniel C $263,500 --
Reese Daniel C $263,500 --
Mcnally Frank M $154,545 --
Mcnally Frank M $154,545 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnally Frank M $270,000
Closed Mcnally Frank M $270,000
Previous Owner Mcnally Frank M $269,165
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2015 05/27/15 Sold $282,000 0.0% $135 / Sq Ft
03/20/2015 03/20/15 Rented $2,000 0.0% --
03/20/2015 03/20/15 Under Contract -- -- --
02/28/2015 02/28/15 Pending -- -- --
02/03/2015 02/03/15 For Rent $2,000 0.0% --
12/16/2014 12/16/14 For Sale $294,999 +12.0% $141 / Sq Ft
03/25/2014 03/25/14 Sold $263,500 -2.2% $126 / Sq Ft View Prior Sale
12/15/2013 12/15/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $269,500 -- $129 / 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 $6,831 $226,200 $40,900 $185,300
2024 $6,628 $226,200 $40,900 $185,300
2023 $6,515 $226,200 $40,900 $185,300
2022 $6,515 $226,200 $40,900 $185,300
2021 $6,356 $197,400 $39,000 $158,400
2020 $6,356 $197,400 $39,000 $158,400
2019 $6,356 $197,400 $39,000 $158,400
2018 $6,356 $197,400 $39,000 $158,400
2017 $6,356 $197,400 $39,000 $158,400
2016 $6,048 $190,800 $43,300 $147,500
2015 $6,048 $190,800 $43,300 $147,500
2014 $5,934 $190,800 $43,300 $147,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sherri-Lynn Milkie

    Berkshire Hathaway Home Services

    Section Image
  • Jason Pope

    Buyer's Agent in 2015

    Jason Pope

    RE/MAX

    (860) 625-2311

    6 in this area

    115 Total Sales

    Jason Pope
    Section Image
  • Melissa Giangrasso

    Seller's Agent in 2014

    Melissa Giangrasso

    Signature Properties of NewEng

    (860) 912-7313

    77 Total Sales

    Melissa Giangrasso
    Section Image
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Map

Source: SmartMLS

MLS Number: N10010593

SmartMLS

APN: SALE-000005-000009-000011

Connecticut New London County Salem 06420

203 Old New London Rd, Salem, CT

This home is located at 203 Old New London Rd, Salem, CT 06420 since 16 December 2014 and is currently estimated at $520,348, approximately $249 per square foot. This property was built in 1978. 203 Old New London Rd is a home located in New London County with nearby schools including Salem Elementary 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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