NOT LISTED FOR SALE

28 Witter Rd Salem, CT 06420

Estimated Value: $509,000 - $629,000

3 Beds
3 Baths
1,754 Sq Ft
$332/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $75,000 $43 Per Sq Ft

Est. 646% increase in value since last sale

Current estimated payment $3,806/month

15 Days on Market

Highlights

  • 5.02 Acre Lot
  • Cape Cod Architecture
  • Partially Wooded Lot
  • Salem Elementary School Rated A-
  • Secluded Lot
  • No HOA

About This Home

As of April 2015

Fabulous Location with Wonderful Privacy and Acreage. The Building on the Property was Once a Home, However, Is Uninhabitable Due to a Major Fire. There is Well and Septic in Place. It is Unknown if Any Portion of the Building Can Remain or Be Rejuvenated. The Value is in the Beautiful Land. This Property Abuts 504 Old Colchester Road which is 5.18 Acres of Raw Land, Never Built On Also For Sale by Same Owner known as MLS#N10024316. If Purchased Together, Total Acreage is 10.20 ~

Last Agent to Sell the Property

Sherri-Lynn Milkie

Berkshire Hathaway NE Prop. License #REB. Listed on: 02/26/2015

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Sherri-Lynn Milkie

Berkshire Hathaway NE Prop. License #REB. Listed on: 02/26/2015

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 5.02 Acre Lot
  • Secluded Lot
  • Level Lot
  • Open Lot
  • Partially Wooded Lot

Home Design

  • 1,754 Sq Ft Home
  • Cape Cod Architecture

Schools

  • Salem Elementary School
  • Salem Middle School
  • Pboe High School

Utilities

  • Private Company Owned Well
  • Oil Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 1754
  • Year Built: 1985
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Old Colchester Road to Witter.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: No
  • Street Number Modifier: 28

Exterior Features

  • Swimming Pool: No

Utilities

  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Salem
  • High School: PBOE
  • Intermediate School: Salem

Lot Info

  • Acres: 5.0200
  • Lot Description: Level Lot, Lightly Wooded, Open Lot, Secluded
  • Property Info: Horse Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 6186
  • Total Assessed Value: 205500
  • Mil Rate Total: 30.100
  • Assessor Parcel Number: 1563240

MLS Schools

  • Elementary School: Salem
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2015
Closed on
Apr 29, 2015
Sold by
Gambro Gale A
Bought by
Hatch Kyle R
Seller's Agent
Sherri-Lynn Milkie
Berkshire Hathaway NE Prop.
Buyer's Agent
Sherri-Lynn Milkie
Berkshire Hathaway NE Prop.
List Price
$65,000
Sold Price
$75,000
Premium/Discount to List
$10,000
15.38%
Total Days on Market
15
Current Estimated Value
$559,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,461
Avg. Annual Appreciation
21.58%
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
Hatch Kyle R -- --
Hatch Kyle R $75,000 --
Hatch Kyle R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatch Kyle R $170,000
Closed Hatch Kyle R $84,000
Previous Owner Bergeron Robert E $225,637
Previous Owner Bergeron Robert E $65,000
Previous Owner Bergeron Robert E $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2015 04/29/15 Sold $75,000 +15.4% $43 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $65,000 -- $37 / 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 $8,592 $284,500 $51,200 $233,300
2024 $8,336 $284,500 $51,200 $233,300
2023 $8,194 $284,500 $51,200 $233,300
2022 $8,194 $284,500 $51,200 $233,300
2021 $8,118 $252,100 $49,200 $202,900
2020 $8,118 $252,100 $49,200 $202,900
2019 $8,118 $252,100 $49,200 $202,900
2018 $7,303 $226,800 $49,200 $177,600
2017 $2,080 $64,600 $52,300 $12,300
2016 $2,181 $68,800 $56,500 $12,300
2015 $6,514 $205,500 $56,500 $149,000
2014 $6,391 $205,500 $56,500 $149,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10024306

SmartMLS

APN: SALE-000012-000035-000005