NOT LISTED FOR SALE

31 Cedar Hill Ln Salem, CT 06420

Estimated Value: $593,765 - $689,000

5 Beds
2 Baths
2,930 Sq Ft
$224/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $485,000 $166 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,191/month

154 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • Cape Cod Architecture
  • Salem Elementary School Rated A-
  • 18.87 Acre Lot
  • Covered Deck

About This Home

As of November 2021

Looking for privacy, farming, horses, hunting, fishing? This private home sits back from the end of a cul-de-sac with an 800 ft paved driveway. Enjoy the private pond, 40x32 barn with 8 stalls, run-in shed, 800 hay bail storage above, paddock area for horses, 2 car detached garage with custom built kennel add on, a huge 24x24 detached storage shed/garage allowing for ample additional farm storage, and chicken coop with fenced-in run. Home features brand new Renewal by Anderson Windows, huge back deck attached to a covered side deck. Interior features a eat-in kitchen with granite and new appliances, 5 bedrooms with 2 on the first floor. Hardwood floors have just recently been refinished. This unique property will not last long on the market.

Last Agent to Sell the Property

Mike Thompson

Countryside Realty License #RES.0769435 Listed on: 05/31/2021

Last Buyer's Agent

Maria Aubey

Silver and Oak Realty License #RES.0783788

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,731

Year Built

  • Built in 1980

Lot Details

  • 18.87 Acre Lot
  • Home fronts a pond
  • Property is zoned RU-A

Home Design

  • Cape Cod Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,930 Sq Ft Home
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Detached Garage
  • Parking Deck
  • Private Driveway

Schools

  • Salem Elementary School
  • East Lyme High School

Farming

  • Barn
  • Farm

Utilities

  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Heating system powered by active solar
  • Covered Deck

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,731

Year Built

Built in 1980

Lot Details

18.87 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod, Farm House
  • Sq Ft Est Heated Above Grade: 2930
  • Public Record Living Room Sq Ft: 2610
  • Total Sq Ft: 2930
  • Year Built: 1980
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5473
  • Directions: Forsyth Rd to Cedar. Last home on the cul-de-sac. Long paved driveway
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Covered Deck, Deck
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Barn
  • Garages Number: 4
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil, Wood
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Active Solar

Lot Info

  • Acres: 18.8700
  • Lot Description: Rear Lot, Farm Land
  • Flood Zone: No
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 7731
  • Mil Rate Base: 32.200
  • Assessor Parcel Number: 1562839

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2021
Closed on
Nov 1, 2021
Sold by
Schulte Clarence E
Bought by
Hilke Gaylen S
Seller's Agent
Mike Thompson
Countryside Realty
Buyer's Agent
Maria Aubey
Silver and Oak Realty
List Price
$504,900
Sold Price
$485,000
Premium/Discount to List
-$19,900
-3.94%
Current Estimated Value
$655,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,691
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Jun 24, 2004
Sold by
Loughman Raymond and Loughman Deborah
Bought by
Schulte Clarence
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
Hilke Gaylen S $485,000 None Available
Hilke Gaylen S $485,000 None Available
Schulte Clarence $420,000 --
Schulte Clarence $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schulte Clarence $83,000
Previous Owner Schulte Clarence $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $485,000 -3.9% $166 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $504,900 +4.1% $172 / Sq Ft
08/31/2021 08/31/21 Off Market $485,000 -- --
08/18/2021 08/18/21 Price Changed $504,900 -3.8% $172 / Sq Ft
08/18/2021 08/18/21 For Sale $524,900 0.0% $179 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
05/31/2021 05/31/21 For Sale $524,900 -- $179 / Sq Ft
Source: SmartMLS

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 $9,365 $310,100 $93,100 $217,000
2024 $9,086 $310,100 $93,100 $217,000
2023 $8,931 $310,100 $93,100 $217,000
2022 $8,931 $310,100 $93,100 $217,000
2021 $7,731 $240,100 $87,200 $152,900
2020 $7,731 $240,100 $87,200 $152,900
2019 $6,460 $200,630 $47,730 $152,900
2018 $6,460 $200,630 $47,730 $152,900
2017 $6,460 $200,630 $47,730 $152,900
2016 $6,488 $204,660 $49,560 $155,100
2015 $6,488 $204,660 $49,560 $155,100
2014 $6,365 $204,660 $49,560 $155,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170405619

SmartMLS

APN: SALE-000009-000021-000014

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