NOT LISTED FOR SALE

232 West Rd Salem, CT 06420

Estimated Value: $561,503 - $712,000

4 Beds
2.5 Baths
2,886 Sq Ft
$213/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $396,000 $137 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,890/month

82 Days on Market

Highlights

  • Barn
  • Horse Property
  • 5.02 Acre Lot
  • Salem Elementary School Rated A-
  • Paddocks
  • Colonial Architecture

About This Home

As of January 2019

Fruit trees, berry bushes, perennial gardens, and an expansive ipe deck complemented by bluestone patios front and back, set the stage for this open 5 acre horse property complete with a paddock and 2 stall barn with water and electricity. This accompanying custom built colonial that has had care and attention lavished on it over the years along with bathroom and kitchen updates, has been further enhanced with the addition of a skylit studio ideal for hobbyists or artists. Sited at the top of a knoll and abutting 229 acres of privately owned conservation open space, soft breezes and watching the barn swallows swooping through the air are all that is required of the new owner. Other nearby amenities include camping,fishing, state parks,beaches and casinos. Located halfway between Boston and New York

Last Agent to Sell the Property

Tammy Tinnerello

William Pitt Sotheby's Int'l License #RES.0801830 Listed on: 08/11/2018

William Pitt Sotheby's Int'l

Last Buyer's Agent

Winnifred Gencarella

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,886

Year Built

  • Built in 1983

Lot Details

  • 5.02 Acre Lot
  • Stone Wall
  • Level Lot
  • Cleared Lot
  • Fruit Trees
  • Garden
  • Property is zoned RU-A

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,886 Sq Ft Home
  • Central Vacuum
  • 2 Fireplaces
  • Bonus Room
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Horse Property
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Additional Features

  • Property is near a golf course
  • Barn
  • Paddocks

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,886

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2886
  • Public Record Living Room Sq Ft: 2634
  • Total Sq Ft: 2886
  • Year Built: 1983
  • Nearby Amenities: Golf Course, Lake, Library, Stables/Riding
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5421
  • Directions: Rt 82 or Witch Meadow Road to West Road.
  • 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: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Interior Amenities: Auto Garage Door Opener, Central Vacuum, Humidifier, Security System
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Additional Rooms: Bonus Room
  • Attic: Yes

Exterior Features

  • Exterior Features: Barn, Deck, Fruit Trees, Garden Area, Gutters, Lighting, Paddock, Patio, Stone Wall
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil, Wood
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 5.0200
  • Lot Description: Rear Lot, Dry, Cleared, Level Lot, Professionally Landscaped
  • Flood Zone: No
  • Zoning: RU-A
  • Property Info: Horse Property

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 7886
  • Mil Rate Base: 32.200
  • Assessor Parcel Number: 1562705

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2018
Closed on
Dec 31, 2018
Sold by
Sroka Frank P and Sroka Linda D
Bought by
Gigliotti Bernard A and Gigliotti Brendan M
Seller's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
Buyer's Agent
Winnifred Gencarella
Coldwell Banker Realty
List Price
$439,000
Sold Price
$396,000
Premium/Discount to List
-$43,000
-9.79%
Current Estimated Value
$615,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,626
Avg. Annual Appreciation
6.60%
Original Mortgage
$313,600
Outstanding Balance
$276,826
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$338,800

Purchase Details

Closed on
Feb 16, 1983
Bought by
Sroka Frank P and Sroka Linda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gigliotti Bernard A $396,000 --
Gigliotti Bernard A $396,000 --
Sroka Frank P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gigliotti Bernard A $313,600
Closed Gigliotti Bernard A $313,600
Previous Owner Sroka Frank P $125,900
Previous Owner Sroka Frank P $120,000
Previous Owner Sroka Frank P $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2019 01/15/19 Sold $396,000 -3.4% $137 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $410,000 -3.5% $142 / Sq Ft
09/26/2018 09/26/18 Price Changed $425,000 -3.2% $147 / Sq Ft
08/11/2018 08/11/18 For Sale $439,000 -- $152 / 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 $7,946 $263,100 $52,800 $210,300
2024 $7,709 $263,100 $52,800 $210,300
2023 $7,577 $263,100 $52,800 $210,300
2022 $7,577 $263,100 $52,800 $210,300
2021 $8,916 $276,900 $50,800 $226,100
2020 $8,916 $276,900 $50,800 $226,100
2019 $8,916 $276,900 $50,800 $226,100
2018 $7,886 $244,900 $50,800 $194,100
2017 $8,089 $251,200 $50,800 $200,400
2016 $8,093 $255,300 $55,200 $200,100
2015 $8,093 $255,300 $55,200 $200,100
2014 $7,940 $255,300 $55,200 $200,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170108675

SmartMLS

APN: SALE-000007-000005-000010