NOT LISTED FOR SALE

40 Morgan Rd Salem, CT 06420

Salem Area

Estimated Value: $518,054 - $600,000

5 Beds
2.5 Baths
2,244 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2020

Last sale price $325,000 $145 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,753 / mo

2 Days on Market

Highlights

  • 4.98 Acre Lot
  • Colonial Architecture
  • Attic
  • Salem Elementary School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of October 2020

You can't beat the location of this 5 bedroom 2 1/2 bath Colonial. This home is within walking distance to the Salem School and set on nearly 5 acres. When you walk into the foyer there is a den on your left and a dining room on your right, at the end of the hall there is a half bath with a laundry room and 1st floor bedroom. There's a eat-in kitchen with slider that leads to the large deck overlooking private backyard that's filled with wildlife. Hardwood floors in kitchen, living room and hall have much life left but need to be refinished. There is a beautiful fireplace in the living room which can be viewed from the kitchen. 4 beds and 2 full baths upstairs with possibility for expansion over the garage in the future. A new 1100 foot well was put in a few years back. Full walk out basement and curtain drain surround the perimeter to round out this home.

Last Agent to Sell the Property

Amanda Gaudette

William Pitt Sotheby's Int'l License #RES.0784854 Listed on: 08/10/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Scott Pellerin

Coldwell Banker Realty License #RES.0784146

Coldwell Banker Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,975

Year Built

  • Built in 1983

Lot Details

  • 4.98 Acre Lot
  • Open Lot
  • Property is zoned RU-A

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,244 Sq Ft Home
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Salem Elementary And Middle School
  • East Lyme High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Power Generator
  • Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,975

Year Built

Built in 1983

Lot Details

4.98 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2244
  • Public Record Living Room Sq Ft: 2244
  • Total Sq Ft: 2244
  • Year Built: 1983
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5444
  • Directions: Rt. 85 to Morgan Rd.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: in 1st floor half bath
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Gutters
  • 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: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Generator Ready

Lot Info

  • Acres: 4.9800
  • Lot Description: Open Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6975
  • Mil Rate Base: 32.200
  • Assessor Parcel Number: 1563800

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2010
Sold by
Bought by
Current Estimated Value
$576,514

Purchase Details

Closed on
Jun 1, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Salem, CT

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$192,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/06/2020 10/06/20 Sold $325,000 +12.1% $145 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $289,900 -- $129 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,079 $234,400 $52,700 $181,700
2024 $6,868 $234,400 $52,700 $181,700
2023 $6,751 $234,400 $52,700 $181,700
2022 $6,751 $234,400 $52,700 $181,700
2021 $6,975 $216,600 $50,700 $165,900
2020 $6,975 $216,600 $50,700 $165,900
2019 $6,975 $216,600 $50,700 $165,900
2018 $6,975 $216,600 $50,700 $165,900
2017 $6,975 $216,600 $50,700 $165,900
2016 $7,110 $224,300 $55,100 $169,200
2015 $7,110 $224,300 $55,100 $169,200
2014 $6,976 $224,300 $55,100 $169,200
Source: Public Records

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Map

Source: SmartMLS

MLS Number: 170324936

SmartMLS

APN: SALE-000019-000014-000003

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