NOT LISTED FOR SALE

40 Way Rd Salem, CT 06420

Estimated Value: $324,000 - $361,000

3 Beds
1 Bath
1,185 Sq Ft
$292/Sq Ft Est. Value

About This Home

This home is located at 40 Way Rd, Salem, CT 06420 and is currently estimated at $346,257, approximately $292 per square foot. 40 Way Rd is a home located in New London County with nearby schools including Salem Elementary School and St. Thomas More School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2024
Sold by
Allard Linda M and Anderson Rosemary
Bought by
Anderson Jason D
Current Estimated Value
$332,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$122,909
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,348
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Anderson Jason D $300,000 None Available
Anderson Jason D $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Jason D $125,000
Closed Anderson Jason D $125,000
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 $4,883 $161,690 $60,990 $100,700
2024 $4,738 $161,690 $60,990 $100,700
2023 $4,391 $152,470 $51,770 $100,700
2022 $4,391 $152,470 $51,770 $100,700
2021 $4,120 $127,960 $45,760 $82,200
2020 $4,120 $127,960 $45,760 $82,200
2019 $4,120 $127,960 $45,760 $82,200
2018 $4,120 $127,960 $45,760 $82,200
2017 $4,120 $127,960 $45,760 $82,200
2016 $3,583 $113,030 $47,330 $65,700
2015 $3,583 $113,030 $47,330 $65,700
2014 $3,515 $113,030 $47,330 $65,700
Source: Public Records

Map

Connecticut New London County Salem 06420

40 Way Rd, Salem, CT

Not Listed for Sale

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