NOT LISTED FOR SALE

348 New London Rd Unit c Salem, CT 06420

Estimated Value: $236,000 - $1,038,000

2 Beds
1 Bath
1,100 Sq Ft
$579/Sq Ft Est. Value

Highlights

  • 3.52 Acre Lot
  • Deck
  • No HOA
  • Salem Elementary School Rated A-
  • End Unit
  • Central Air

About This Home

As of August 2018

Shows great- like new! End Unit- 2 large BRs & 1.5 bath townhouse w/ eat at counter KT w/ door to deck. Hardwood floor in LR. Full basement w/ W/D hookup. FHA propane heat w/ central air. Tucked off the road in private, country setting. No pets, no matter the size. Yr lease. Credit & background check required. Conveniently located- easy access to Rt. 11.

Last Agent to Rent the Property

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 07/13/2018

RE/MAX on the Bay

Last Renter's Agent

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 07/13/2018

RE/MAX on the Bay

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,172

Year Built

  • Built in 2015

Lot Details

  • 3.52

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Shared Driveway
  • Paved Parking
  • Parking Lot

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Hot Water Circulator
  • Propane Water Heater

Additional Features

  • Deck
  • End Unit

Community Details

  • No Home Owners Association
  • 3 Units

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,172

Year Built

Built in 2015

Lot Details

0

Rental Info

  • Landlord Requirements: Credit Check, References Required, Security Deposit, Lease Required, Lease Restrictions
  • Landlord Responsibility: Common Area Maintenance, Exterior Maintenance, Grounds Maintenance, Insurance, Liability Insurance, Mechanicals, Property Management, Real Estate Taxes, Sewer, Snow Removal, Structural Maintenace, Trash Service, Water
  • Pets Allowed: No
  • Rental Duration: Yearly Unfurnished
  • Security Deposit Details: 1300
  • Smoking Allowed: No
  • Tenant Responsibility: Air Conditioning, All Utilities, Cable TV, Credit Check, Electricity, Heat, Hot Water, Liability Insurance, Snow Removal

Listing Details

  • Property Type: Residential Rental
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1100
  • Public Record Living Room Sq Ft: 3348
  • Total Sq Ft: 1100
  • Year Built: 2015
  • Property Sub Type: Multi-Family Rental
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting, Alterations
  • End Unit: Yes
  • Public Record Gross Sq Ft: 5310
  • Directions: Rt. 85 heading from New London- just past Burnett's garden center on the right- set back from the road
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Full, Unfinished
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 348

Exterior Features

  • Exterior Features: Deck, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Paved, Parking Lot
  • Driveway Type: Shared

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Water
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Levels In Unit: 2
  • HOA: No

Schools

  • Elementary School: Salem
  • High School: East Lyme

Lot Info

  • Acres: 3.5200
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: res

Multi Family

  • Total Num Of Units: 3

Tax Info

  • Assessor Parcel Number: 2587434

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2019
Sold by
Lindo Horace
Bought by
Lindo Construction Llc
Current Estimated Value
$637,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 17, 2012
Sold by
Est Whealton Wilfred E and Farrell Gaila A
Bought by
Lindo Horace

Purchase Details

Closed on
Sep 1, 2010
Sold by
Farrell Gaila and Wheaton Kirk
Bought by
Salem Land Trust Inc
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
Lindo Construction Llc -- --
Lindo Construction Llc -- --
Lindo Horace $32,500 --
Salem Land Trust Inc $110,000 --
Salem Land Trust Inc $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lindo Construction Llc $200,000
Previous Owner Salem Land Trust Inc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Rented $1,300 0.0% --
07/30/2018 07/30/18 Under Contract -- -- --
07/13/2018 07/13/18 For Rent $1,300 -- --
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 $8,172 $270,600 $47,600 $223,000
2024 $7,929 $270,600 $47,600 $223,000
2023 $7,793 $270,600 $47,600 $223,000
2022 $7,793 $270,600 $47,600 $223,000
2021 $8,961 $278,300 $45,600 $232,700
2020 $8,961 $278,300 $45,600 $232,700
2019 $8,961 $278,300 $45,600 $232,700
2018 $8,961 $278,300 $45,600 $232,700
2017 $8,961 $278,300 $45,600 $232,700
2016 $9,139 $288,300 $58,600 $229,700
2015 $1,858 $58,600 $58,600 $0
2014 $1,822 $58,600 $58,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170105183

SmartMLS

APN: SALE-000017-000004-B000000