NOT LISTED FOR SALE

40 Salem Rd Old Lyme, CT 06371

Estimated Value: $380,000 - $861,000

2 Beds
2 Baths
2,080 Sq Ft
$287/Sq Ft Est. Value

About This Home

This home is located at 40 Salem Rd, Old Lyme, CT 06371 and is currently estimated at $597,323, approximately $287 per square foot. 40 Salem Rd is a home located in New London County with nearby schools including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Deck Peter
Bought by
Freer John and Freer Stacey
Current Estimated Value
$544,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,618
Outstanding Balance
$207,618
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$389,705

Purchase Details

Closed on
Sep 27, 2002
Sold by
Cann Ruth W
Bought by
Deck Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.63%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Freer John $225,500 None Available
Deck Peter $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freer John $233,618
Previous Owner Cann Norton W $192,000
Previous Owner Cann Norton W $30,000
Source: Public Records

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 $3,484 $240,300 $128,700 $111,600
2024 $3,484 $240,300 $128,700 $111,600
2023 $3,481 $178,500 $92,100 $86,400
2022 $3,561 $178,500 $92,100 $86,400
2021 $3,561 $178,500 $92,100 $86,400
2020 $3,561 $178,500 $92,100 $86,400
2019 $3,561 $178,500 $92,100 $86,400
2018 $3,595 $193,300 $104,300 $89,000
2017 $3,528 $193,300 $104,300 $89,000
2016 $3,528 $193,300 $104,300 $89,000
2015 $3,431 $193,300 $104,300 $89,000
2014 $3,286 $193,300 $104,300 $89,000
Source: Public Records

Map

Connecticut New London County Old Lyme 06371

40 Salem Rd, Old Lyme, CT

This home is located at 40 Salem Rd, Old Lyme, CT 06371 and is currently estimated at $597,323, approximately $287 per square foot. 40 Salem Rd is a home located in New London County with nearby schools including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

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