NOT LISTED FOR SALE

32 Cedar Hill Ln Salem, CT 06420

Estimated Value: $752,000 - $784,000

6 Beds
4.5 Baths
4,334 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $339,000 $78 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,062/month

71 Days on Market

Highlights

  • 6.01 Acre Lot
  • Colonial Architecture
  • No HOA
  • Salem Elementary School Rated A-
  • 1 Fireplace
  • Workshop

About This Home

As of November 2016

Nice 4,000 Square Ft Home on 6 acres with in-law-apartment! Sits off cul-de-sac leading down into a wooded lot with lots of privacy! Laundry on first floor. In-law/au pair suite has 12x13 Kitchen, 9x11 Dining Room, 13x14 Living Room and 10x14 Bedroom. Unfinished basement 21x13 of additional room. Also includes Workshop Room off garage with its own entrance (could be an office). Large fenced in Backyard. This house could use some updates and some TLC - lots of potential!

Last Agent to Sell the Property

Tony Walstra

William Pitt Sotheby's Int'l License #RES.0800310 Listed on: 06/10/2016

William Pitt Sotheby's Int'l

Last Buyer's Agent

Tony Walstra

William Pitt Sotheby's Int'l License #RES.0800310 Listed on: 06/10/2016

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,366

Year Built

  • Built in 1987

Lot Details

  • 6.01 Acre Lot
  • Open Lot
  • Many Trees

Home Design

  • Colonial Architecture
  • Tudor Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,334 Sq Ft Home
  • 1 Fireplace
  • Workshop
  • Attic Fan

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

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

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Automatic Garage Door Opener
  • Driveway

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Tankless Water Heater
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,366

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial, Tudor
  • Total Sq Ft: 4334
  • Year Built: 1987
  • In Law Access: First Floor
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rte 85 to Salem - turn onto Forsyth Rd, go 1 mile then left onto Cedar Hill Ln., Salem
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 6
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Partial
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator, Wall Oven
  • Additional Rooms: Workshop
  • Laundry Room Location: First Floor
  • Attic: No

Exterior Features

  • Exterior Siding: Stone, Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Attic Fan, Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 6.0100
  • Lot Description: Open Lot, Treed, Fence - Partial

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 10366
  • Assessor Parcel Number: 1562845

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Nov 7, 2016
Sold by
Corman Michael L and Corman Audrey R
Bought by
Donovan Patrick D
Seller's Agent
Tony Walstra
William Pitt Sotheby's Int'l
Buyer's Agent
Tony Walstra
William Pitt Sotheby's Int'l
List Price
$394,900
Sold Price
$339,000
Premium/Discount to List
-$55,900
-14.16%
Current Estimated Value
$766,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,640
Avg. Annual Appreciation
9.40%
Original Mortgage
$339,000
Outstanding Balance
$272,672
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$493,968

Purchase Details

Closed on
Jan 16, 2004
Sold by
Johnson Kathryn
Bought by
Corman Michael and Corman Audrey

Purchase Details

Closed on
Feb 11, 1993
Sold by
Thompson James and Thompson Gail
Bought by
Moffat Mitchell and Johnson Kathryn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Donovan Patrick D $339,000 --
Donovan Patrick D $339,000 --
Corman Michael $448,000 --
Corman Michael $448,000 --
Moffat Mitchell $280,000 --
Moffat Mitchell $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Patrick D $339,000
Closed Donovan Patrick D $339,000
Previous Owner Moffat Mitchell $69,400
Previous Owner Moffat Mitchell $291,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Sold $339,000 -2.9% $78 / Sq Ft
09/02/2016 09/02/16 Price Changed $349,000 -11.6% $81 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $394,900 -- $91 / 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 $12,313 $407,700 $62,200 $345,500
2024 $11,946 $407,700 $62,200 $345,500
2023 $11,742 $407,700 $62,200 $345,500
2022 $11,681 $405,600 $62,200 $343,400
2021 $11,502 $357,200 $56,300 $300,900
2020 $11,502 $357,200 $56,300 $300,900
2019 $11,502 $357,200 $56,300 $300,900
2018 $11,502 $357,200 $56,300 $300,900
2017 $11,502 $357,200 $56,300 $300,900
2016 $10,366 $327,000 $60,900 $266,100
2015 $10,366 $327,000 $60,900 $266,100
2014 $10,170 $327,000 $60,900 $266,100
Source: Public Records

Agents Affiliated with this Home

  • Tony Walstra

    Seller's Agent in 2016

    Tony Walstra

    William Pitt

    (860) 460-8825

    1 in this area

    97 Total Sales

    Tony Walstra
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Map

Source: SmartMLS

MLS Number: E10142802

SmartMLS

APN: SALE-000009-000021-000011B

Connecticut New London County Salem 06420

32 Cedar Hill Ln, Salem, CT

Not Listed for Sale

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