NOT LISTED FOR SALE

309 Forsyth Rd Salem, CT 06420

Estimated Value: $31,648 - $743,000

3.54 Acres
$60,780 Price per Acre
154,202 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $25,000 $19 Per Sq Ft

Est. 761% increase in value since last sale

Current estimated payment $1,187/month

209 Days on Market

Highlights

  • 3.54 Acre Lot
  • No HOA
  • Many Trees
  • Salem Elementary School Rated A-
  • Property is near shops
  • Lot Has A Rolling Slope

About This Lot

As of September 2022

Enjoy peace and quite in this tranquil lot surrounded by over 3.5 acres of Salem’s natural beauty. Nearby amenities consist of soccer fields, restaurants, breweries, an indoor shooting range, Salem Marketplace, a convenience store, a butcher shop, trails, Salem Elementary School, and Gardner Lake State Park all within about a 6-minute drive away. Sloping lot with some wetland soils but there has been an approved site plan that has expired. Ask agent for further details.

Last Agent to Sell the Property

Tyler Hespeler

Berkshire Hathaway NE Prop. License #RES.0814891 Listed on: 02/24/2022

Berkshire Hathaway NE Prop.

Co-Listed By

Hanna Kronholm

Compass Connecticut, LLC License #RES.0815694

Last Buyer's Agent

Erin Anderson

KW Legacy Partners License #RES.0810795

KW Legacy Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $706

Lot Details

  • 3.54 Acre Lot
  • Lot Has A Rolling Slope
  • Many Trees

Schools

  • Salem Elementary School
  • East Lyme High School

Additional Features

  • Property is near shops
  • Private Company Owned Well

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$706

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Lake, Park, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Address may not be consistent with GPS. Lot is between #299 and #319 Forsyth Road, about 1000' east Harris Road Extension intersection. Lot is on the South side of Forsyth Road. Between Harris Road Extension and Cedar Hill Lane
  • Special Features: None

Exterior Features

  • Road Frontage Description: Paved Road

Utilities

  • Water Source: Private Well
  • Sewer: Septic
  • Utilities Available: Electric
  • Septic Approval: No
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 3.5400
  • Lot Description: Rolling, Treed
  • Lots Number Of: 1
  • Zoning: R

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 706
  • Mil Rate Base: 28.800
  • Assessor Parcel Number: 2624440

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Sep 30, 2022
Sold by
Allen Matthew T
Bought by
Hadaoui Chiama
Seller's Agent
Tyler Hespeler
Berkshire Hathaway NE Prop.
Buyer's Agent
Erin Anderson
KW Legacy Partners
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%
Views
13
Current Estimated Value
$215,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,162
Avg. Annual Appreciation
92.76%

Purchase Details

Closed on
Mar 26, 2021
Sold by
Johnson Charles
Bought by
Allen Matthew T

Purchase Details

Listed on
Oct 12, 2017
Closed on
Feb 5, 2018
Sold by
Conn Jason R
Bought by
Johnson 3Rd Charles
Seller's Agent
Michael Graf
Berkshire Hathaway NE Prop.
Buyer's Agent
Renee Rossi
Ann McBride Real Estate
List Price
$20,000
Sold Price
$15,000
Premium/Discount to List
-$5,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hadaoui Chiama $25,000 None Available
Hadaoui Chiama $25,000 None Available
Allen Matthew T $20,000 None Available
Allen Matthew T $20,000 None Available
Johnson 3Rd Charles $15,000 --
Johnson 3Rd Charles $15,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $25,000 -16.7% $19 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
03/28/2022 03/28/22 Price Changed $30,000 -25.0% $23 / Sq Ft
02/24/2022 02/24/22 For Sale $40,000 +166.7% $30 / Sq Ft
02/16/2018 02/16/18 Sold $15,000 0.0% $11 / Sq Ft View Prior Sale
01/31/2018 01/31/18 Off Market $15,000 -- --
01/23/2018 01/23/18 Pending -- -- --
10/12/2017 10/12/17 For Sale $20,000 -- $15 / 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 $740 $24,500 $24,500 $0
2024 $718 $24,500 $24,500 $0
2023 $706 $24,500 $24,500 $0
2022 $706 $24,500 $24,500 $0
2021 $1,394 $43,300 $43,300 $0
2020 $1,394 $43,300 $43,300 $0
2019 $1,394 $43,300 $43,300 $0
2018 $1,394 $43,300 $43,300 $0
2017 $1,394 $43,300 $43,300 $0
2016 $1,522 $48,000 $48,000 $0
2015 $1,522 $48,000 $48,000 $0
2014 $1,493 $48,000 $48,000 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tyler Hespeler

    Berkshire Hathaway Home Services

    Section Image
  • Hanna Kronholm

    Seller Co-Listing Agent in 2022

    Hanna Kronholm

    Compass Connecticut, LLC

    (860) 917-6128

    2 in this area

    30 Total Sales

    Hanna Kronholm
    Section Image
  • Erin Anderson

    Buyer's Agent in 2022

    Erin Anderson

    KW Legacy Partners

    (860) 280-8509

    1 in this area

    166 Total Sales

    Erin Anderson
    Section Image

  • M

    Seller's Agent in 2018

    Michael Graf

    Berkshire Hathaway Home Services

    Section Image
  • Renee Rossi

    Buyer's Agent in 2018

    Renee Rossi

    Ann McBride Real Estate

    (860) 334-2134

    61 Total Sales

    Renee Rossi
    Section Image
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Map

Source: SmartMLS

MLS Number: 170469420

SmartMLS

APN: SALE-000009-000018-000003

Connecticut New London County Salem 06420

309 Forsyth Rd, Salem, CT

Not Listed for Sale

Lots

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