NOT LISTED FOR SALE

313 Old Colchester Rd Salem, CT 06420

Estimated Value: $390,000 - $497,000

3 Beds
1.5 Baths
1,904 Sq Ft
$223/Sq Ft Est. Value

Last Sold January 09, 2019

Last sale price $213,750 $112 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,831/month

32 Days on Market

Highlights

  • Barn
  • Spa
  • Attic
  • Salem Elementary School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of January 2019

Salem Farm House built in 1865 with large front porch. Loaded with character and updates! 3BR/1.5BA with large remodeled eat-in KT with SS appliances, formal LR and DR. Center hall staircase to upstairs. Three large bedrooms with wide board floors. Spacious 3 season glass enclosed Sun Room. Two story garage with plenty of storage or great for workshop. Serene backyard setting with level yard with paver patio and hot tub.

Last Agent to Sell the Property

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 10/02/2018

RE/MAX on the Bay

Last Buyer's Agent

Michael Varni

Carl Guild & Associates License #RES.0802964

Carl Guild & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,986

Year Built

  • Built in 1865

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Property is zoned RU-A

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Storm Doors
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Attic Floors
  • Walkup Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Spa
  • Patio
  • Porch

Schools

  • Salem Elementary School
  • East Lyme High School

Farming

  • Barn

Utilities

  • Floor Furnace
  • Radiator
  • Heating System Uses Oil
  • Private Water Source
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,986

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial, Farm House
  • Sq Ft Est Heated Above Grade: 1904
  • Public Record Living Room Sq Ft: 1904
  • Total Sq Ft: 1904
  • Year Built: 1865
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4280
  • Directions: 1+/- mile east of Route 82
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Walk-up, Floored
  • Basement Description: Full With Hatchway, Unfinished, Sump Pump
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Disposal
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 313

Exterior Features

  • Exterior Features: Barn, Hot Tub, Patio, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Water System
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Salem
  • High School: East Lyme

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 1.0000
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5986
  • Total Assessed Value: 185900
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 1563216

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Turner Wade and Mcnaughton Carrie
Bought by
Turner Wade and Mcnaughton Carrie
Total Days on Market
32
Current Estimated Value
$425,043

Purchase Details

Listed on
Oct 2, 2018
Closed on
Jan 4, 2019
Sold by
Cook Debra A and Brick Matthew
Bought by
Turner Wade and Mcnaughton Carrie
Seller's Agent
Ann Carpenter
RE/MAX on the Bay
Buyer's Agent
Michael Varni
Carl Guild & Associates
List Price
$219,900
Sold Price
$213,750
Premium/Discount to List
-$6,150
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$203,062
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2012
Closed on
Jun 4, 2012
Sold by
Gignac Michael W and Gignac Sandra P
Bought by
Cook Debra A and Brick Matthew
Seller's Agent
Roberta Felitto
Berkshire Hathaway NE Prop.
Buyer's Agent
Alan Berman
Signature Properties of NewEng
List Price
$251,000
Sold Price
$192,500
Premium/Discount to List
-$58,500
-23.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$192,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 1989
Sold by
Holderman Douglas
Bought by
Gignac Michael
Source: Public Records

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Range of Values:

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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
Turner Wade -- None Available
Turner Wade -- None Available
Turner Wade $213,750 --
Turner Wade $213,750 --
Cook Debra A $192,500 --
Cook Debra A $192,500 --
Gignac Michael $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turner Wade $216,000
Previous Owner Turner Wade $203,062
Previous Owner Gignac Michael $192,500
Previous Owner Gignac Michael $12,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Sold $213,750 -2.8% $112 / Sq Ft
11/03/2018 11/03/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $219,900 +14.2% $115 / Sq Ft
05/31/2012 05/31/12 Sold $192,500 -23.3% $101 / Sq Ft
03/04/2012 03/04/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $251,000 -- $132 / 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
2024 $5,658 $193,100 $48,700 $144,400
2023 $5,561 $193,100 $48,700 $144,400
2022 $5,161 $179,200 $40,300 $138,900
2021 $5,690 $176,700 $38,400 $138,300
2020 $5,690 $176,700 $38,400 $138,300
2019 $5,690 $176,700 $38,400 $138,300
2018 $5,986 $185,900 $38,400 $147,500
2017 $5,519 $171,400 $38,400 $133,000
2016 $4,631 $146,100 $38,400 $107,700
2015 $4,631 $146,100 $38,400 $107,700
2014 $4,544 $146,100 $38,400 $107,700
Source: Public Records

Agents Affiliated with this Home

  • Ann Carpenter

    Seller's Agent in 2019

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    13 in this area

    293 Total Sales

    Ann Carpenter
    Section Image
  • Michael Varni

    Buyer's Agent in 2019

    Michael Varni

    Carl Guild & Associates

    (860) 335-7380

    Section Image
  • Roberta Felitto

    Seller's Agent in 2012

    Roberta Felitto

    Berkshire Hathaway Home Services

    Section Image
  • Alan Berman

    Buyer's Agent in 2012

    Alan Berman

    Signature Properties of NewEng

    (860) 334-5004

    59 Total Sales

    Alan Berman
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170130235

SmartMLS

APN: SALE-000012-000021

Connecticut New London County Salem 06420

313 Old Colchester Rd, Salem, CT

This home is located at 313 Old Colchester Rd, Salem, CT 06420 since 02 October 2018 and is currently estimated at $425,043, approximately $223 per square foot. This property was built in 1865. 313 Old Colchester Rd is a home located in New London County with nearby schools including Salem Elementary School and St. Thomas More School.

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