NOT LISTED FOR SALE

40 Forest Dr Salem, CT 06420

Estimated Value: $332,000 - $410,000

3 Beds
2 Baths
1,620 Sq Ft
$234/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $178,000 $110 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,357/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • Salem Elementary School Rated A-
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of December 2016

Don't miss this opportunity to live in a neighborhood leading right to Gardner Lake with a house that has a ton of potential. Featuring 3 beds, 2 full baths, a fireplace and a deck great for entertaining, this house is sure to make a great home with just a little extra love.

Last Agent to Sell the Property

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 08/12/2016

RE/MAX on the Bay

Last Buyer's Agent

Stephen Taylor

eXp Realty License #RES.0790235

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,435

Year Built

  • Built in 1984

Lot Details

  • 1 Acre Lot
  • Stone Wall

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Gravel Driveway

Outdoor Features

  • Deck

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Central Air
  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,435

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 1620
  • Year Built: 1984
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rt. 85 to Norwich Road. Left onto Old Colchester Road. Right onto Forest Drive.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Laundry Room Location: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Gravel

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 1.0000
  • Lot Description: Fence - Partial
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 4435
  • Assessor Parcel Number: 1563911

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Dec 14, 2016
Sold by
Us Bank Na
Bought by
Tourville Trevor
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
Stephen Taylor
eXp Realty
List Price
$169,900
Sold Price
$178,000
Premium/Discount to List
$8,100
4.77%
Current Estimated Value
$379,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,753
Avg. Annual Appreciation
8.74%
Original Mortgage
$179,797
Outstanding Balance
$146,928
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,825

Purchase Details

Closed on
Feb 21, 1996
Sold by
Cummins Douglas A
Bought by
Overfield Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,691
Interest Rate
7.04%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tourville Trevor $178,000 --
Tourville Trevor $178,000 --
Overfield Michael T $110,000 --
Overfield Michael T $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tourville Trevor $179,797
Closed Tourville Trevor $179,797
Previous Owner Overfield Michael T $107,500
Previous Owner Overfield Michael T $108,691
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $178,000 0.0% $110 / Sq Ft
11/30/2016 11/30/16 Off Market $178,000 -- --
08/26/2016 08/26/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $169,900 -- $105 / 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 $4,406 $145,900 $42,900 $103,000
2024 $4,275 $145,900 $42,900 $103,000
2023 $4,202 $145,900 $42,900 $103,000
2022 $4,202 $145,900 $42,900 $103,000
2021 $2,688 $144,600 $40,900 $103,700
2020 $4,656 $144,600 $40,900 $103,700
2019 $4,656 $144,600 $40,900 $103,700
2018 $4,656 $144,600 $40,900 $103,700
2017 $4,656 $144,600 $40,900 $103,700
2016 $4,435 $139,900 $42,400 $97,500
2015 $4,435 $139,900 $42,400 $97,500
2014 $4,351 $139,900 $42,400 $97,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10160775

SmartMLS

APN: SALE-000021-000008