NOT LISTED FOR SALE

343 Old Colchester Rd Salem, CT 06420

Estimated Value: $463,000

3 Beds
2 Baths
2,588 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $300,000 $116 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,918/month

7 Days on Market

Highlights

  • Fruit Trees
  • Wood Burning Stove
  • 2 Fireplaces
  • Salem Elementary School Rated A-
  • Attic
  • No HOA

About This Home

As of June 2022

Unique split level home with over 2500 sf on 1.64 acres. Multiple living areas let you spread out and enjoy this home. The cathedral living room with tile floor, ceiling fans and wood stove would make a great home office, workout room or a fabulous space for entertaining. Cozy up in the family room with wood stove and wall coverings made out of recycled, American chestnut, telephone poles. The lower level sitting room with a full bath and propane stove is perfect for overnight guests or a fun game room. The upstairs hardwood floors have been beautifully refinished. Many updates include: Fujitsu propane furnace and central air with wireless thermostat; IBC tankless water heater; new gutters; updates to electrical outlets; high efficiency washing machine. Newly planted fruit and nut trees will provide for many years. Close to Gardner Lake public boat launch and beach. Come bring your personal touches and make this house your home! Tax records and independent real estate websites may have the taxes incorrect. This parcel was subdivided off of 64 acres last year and not all websites are up to date. Buyer to perform due diligence.

Last Agent to Sell the Property

Kimberly Veronesi

Coldwell Banker Realty License #RES.0757807 Listed on: 05/06/2022

Coldwell Banker Realty

Last Buyer's Agent

Roberta Cardinal

RbRE, LLC License #REB.0793396

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,260

Year Built

  • Built in 1968

Lot Details

  • 1.64 Acre Lot
  • Level Lot
  • Open Lot
  • Fruit Trees

Home Design

  • Split Level Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,588 Sq Ft Home
  • Whole House Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Concrete Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Washer
  • Gas Dryer

Attic

  • Pull Down Stairs to Attic
  • Attic or Crawl Hatchway Insulated

Basement

  • Partial Basement
  • Basement Hatchway
  • Crawl Space

Home Security

  • Home Security System
  • Smart Thermostat

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Wood
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,260

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Neighborhood: Gardner Lake
  • Property Type: Single Family For Sale
  • Style: Split Level
  • Sq Ft Est Heated Above Grade: 2588
  • Public Record Living Room Sq Ft: 1992
  • Total Sq Ft: 2588
  • Year Built: 1968
  • Nearby Amenities: Lake
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5088
  • Tax Year Updated Dt: 05/16/2022
  • Directions: GPS friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs, Access Via Hatch
  • Basement Description: Partial With Hatchway, Crawl Space, Concrete Floor, Hatchway Access
  • Interior Amenities: Auto Garage Door Opener, Security System
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher, Washer, Gas Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 343

Exterior Features

  • Exterior Features: Fruit Trees, Gutters, Lighting, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Central Air, Wall Unit, Whole House Fan
  • Heat Type: Hot Air, Wood/Coal Stove
  • Heat Fuel Type: Propane, Wood
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Salem
  • High School: East Lyme

Lot Info

  • Acres: 1.6400
  • Lot Description: Open Lot, Level Lot
  • Zoning: B

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 15260
  • Total Assessed Value: 473910
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 1563222

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 9, 2022
Sold by
Marrotte Jason
Bought by
Diamantini John and Diamantini Kimberly
Seller's Agent
Kimberly Veronesi
Coldwell Banker Realty
Buyer's Agent
Roberta Cardinal
RbRE, LLC
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$463,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,000
Original Mortgage
$300,000
Interest Rate
5.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 6, 2022
Sold by
Nichols David and Nichols Sarah
Bought by
Marrotte Jason
Seller's Agent
Kimberly Veronesi
Coldwell Banker Realty
Buyer's Agent
Roberta Cardinal
RbRE, LLC
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 6, 2022
Closed on
Apr 12, 2022
Sold by
Bourdeau Donald W
Bought by
Diamantini John and Diamantini Kimberly
Seller's Agent
Kimberly Veronesi
Coldwell Banker Realty
Buyer's Agent
Roberta Cardinal
RbRE, LLC
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 7, 2021
Sold by
Bourdeau Donald W
Bought by
Turner Wade and Mcnaughton Carrier

Purchase Details

Listed on
Nov 15, 2020
Closed on
Mar 24, 2021
Sold by
Boudreau Donald W
Bought by
Nichols David and Nichols Sarah
Seller's Agent
Susan Barnhouser
RE/MAX Legends
Buyer's Agent
Irene Adams
Signature Properties of NewEng
List Price
$275,000
Sold Price
$254,000
Premium/Discount to List
-$21,000
-7.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,600
Interest Rate
3.1%
Mortgage Type
Balloon
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
Diamantini John -- None Available
Marrotte Jason $300,000 None Available
Diamantini John -- None Available
Turner Wade -- None Available
Nichols David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Diamantini John $300,000
Previous Owner Diamantini John $230,000
Previous Owner Nichols David $228,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2022 06/09/22 Sold $300,000 0.0% $116 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $300,000 +18.1% $116 / Sq Ft
04/23/2021 04/23/21 Sold $254,000 +1.6% $128 / Sq Ft View Prior Sale
01/27/2021 01/27/21 Pending -- -- --
01/22/2021 01/22/21 Price Changed $250,000 -9.1% $126 / Sq Ft
11/15/2020 11/15/20 For Sale $275,000 -- $138 / 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
2022 $5,440 $188,900 $42,300 $146,600
2021 $15,260 $473,910 $230,010 $243,900
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Veronesi

    Seller's Agent in 2022

    Kimberly Veronesi

    Coldwell Banker Realty

    (860) 214-4076

    3 in this area

    36 Total Sales

    Kimberly Veronesi
    Section Image
  • Roberta Cardinal

    Buyer's Agent in 2022

    Roberta Cardinal

    RbRE, LLC

    (860) 377-3725

    1 in this area

    112 Total Sales

    Roberta Cardinal
    Section Image
  • Susan Barnhouser

    Seller's Agent in 2021

    Susan Barnhouser

    RE/MAX

    (860) 908-5905

    7 in this area

    242 Total Sales

    Susan Barnhouser
    Section Image
  • Irene Adams

    Buyer's Agent in 2021

    Irene Adams

    Signature Properties of NewEng

    (860) 917-9351

    4 in this area

    259 Total Sales

    Irene Adams
    Section Image
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Map

Source: SmartMLS

MLS Number: 170487468

SmartMLS

APN: SALE M:12 B:023 L:000

Connecticut New London County Salem 06420

343 Old Colchester Rd, Salem, CT

This home is located at 343 Old Colchester Rd, Salem, CT 06420 since 06 May 2022 and is currently priced at $463,000, approximately $178 per square foot. This property was built in 1968. 343 Old Colchester Rd is a home located in New London County with nearby schools including Salem Elementary School and St. Thomas More School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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