$740,880
SOLD JUN 12, 2024

4 Syleo Ln Salem, CT 06420

3 Beds
2.5 Baths
2,000 Sq Ft
1.87 Acres

Recently Sold

$370 Per Sq Ft

8% Above List Price

231 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Forced Air Zoned Heating and Cooling System
  • Salem Elementary School Rated A-
  • Thermal Windows
  • Home to be built

About This Home

As of June 2024

Welcome to Forsyth Estates, a beautiful and elegant subdivision in rural Salem. With packages starting at 2,000 square feet on level lots, you can build your dream home to your exact specifications. Bring your own plans, or choose from ours! You can choose from a variety of cabinets, granite, hardwoods, tile, moldings, fixtures, doors, siding, and shingles. Subdivision has underground utilities, and all homes equipped with propane heating systems and central AC. Upgrades are also available! Model homes are available to view, so you can see the quality craftsmanship that D&D Quality Builders offers. Homes come with a one-year warranty. There are 3 remaining lots available, ranging from 1.8+ to 6+ acres. 1 lot (469 Forsyth) can potentially accommodate a walk-out basement. Let us know what you want and we will price it out for you. Pictures and 3D Tour are used with permission to show quality of construction to prospective buyers and reflect several upgrades.

Last Agent to Sell the Property

Paula Turley

CR Premier Properties License #REB.0794370 Listed on: 09/05/2023

Last Buyer's Agent

Mike Bowers

William Raveis Real Estate License #RES.0786988

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 2023

Lot Details

  • 1.87 Acre Lot
  • Property is zoned RUA

Parking

  • 2 Car Garage

Home Design

  • Home to be built
  • Colonial Architecture
  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Thermal Windows
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Salem Elementary And Middle School
  • East Lyme High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Underground Utilities
  • Well Required
  • Propane Water Heater
  • Cable TV Available

Community Details

  • Forsyth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2554017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial, Ranch
  • Sq Ft Est Heated Above Grade: 2000
  • Total Sq Ft: 2000
  • Year Built: 2023
  • New Construction: To Be Built
  • Nearby Amenities: Lake, Park, Public Pool, Stables/Riding
  • Direct Waterfront: No
  • Encumbrances Restrictions: Deed Restrictions
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Forsyth Road to Syleo Lane
  • Financing Used: Other
  • In Law Apartment: No
  • Street Type: Lane
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Storage Space, Access Via Hatch
  • Basement Description: Full, Unfinished, Storage
  • Interior Amenities: Cable - Available
  • Appliances: Allowance
  • Laundry Room Location: buyer's choice
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 4
  • Other SqFt Description: To Be Built

Exterior Features

  • Exterior Features: Underground Utilities, Gutters, Lighting
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air, Zoned, None
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, Propane, 50 Gallon Tank
  • Water Source: Well Required
  • Sewer: Septic Required

Schools

  • Elementary School: Salem
  • Middle School: Salem
  • High School: East Lyme
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 1.87
  • Lot Description: In Subdivision Level Lot On Cul-De-Sac Open Lot
  • Flood Zone: No
  • Zoning: RUA
  • Parcel #: 2554017

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 1431
  • Total Assessed Value: 49700
  • Mil Rate Total: 28.8

MLS Schools

  • Elementary School: Salem
  • Middle Jr High School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Jun 12, 2024
Sold by
Syleo Developers Llc
Bought by
Brasel Kenneth and Landrum Joan P
Seller's Agent
Paula Turley
CR Premier Properties
Buyer's Agent
Mike Bowers
William Raveis Real Estate
List Price
$685,000
Sold Price
$740,880
Premium/Discount to List
$55,880
8.16%
Total Days on Market
231
Views
129
Current Estimated Value
$556,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$184,547
Avg. Annual Appreciation
-25.57%
Original Mortgage
$520,880
Outstanding Balance
$516,572
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$39,761
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 Type Sale Price Title Company
Warranty Deed $85,000 None Available
Warranty Deed $85,000 None Available
Warranty Deed $85,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,880 Purchase Money Mortgage
Closed $520,880 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $740,880 +2.2% $370 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
03/27/2024 03/27/24 Price Changed $725,000 +5.8% $363 / Sq Ft
01/02/2024 01/02/24 For Sale $685,000 -7.5% $343 / Sq Ft
01/01/2024 01/01/24 Off Market $740,880 -- --
09/05/2023 09/05/23 For Sale $685,000 -- $343 / 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 $1,456 $49,700 $49,700 $0
2023 $1,431 $49,700 $49,700 $0
2022 $1,431 $49,700 $49,700 $0
2021 $6,070 $47,700 $47,600 $100
2020 $1,536 $47,700 $47,700 $0
2019 $6,382 $47,700 $47,700 $0
2018 $1,536 $47,700 $47,700 $0
2017 $1,536 $47,700 $47,700 $0
2016 $1,680 $53,000 $53,000 $0
2015 $1,680 $53,000 $53,000 $0
2014 $1,648 $53,000 $53,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170595942

SmartMLS

APN: SALE-000009-000026-000015