NOT LISTED FOR SALE

407 Forsyth Rd Salem, CT 06420

Estimated Value: $472,000 - $565,966

3 Beds
2.5 Baths
1,820 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $255,000 $140 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,384/month

16 Days on Market

Highlights

  • 7.85 Acre Lot
  • Open Floorplan
  • Secluded Lot
  • Salem Elementary School Rated A-
  • Cape Cod Architecture
  • Wetlands on Lot

About This Home

As of December 2016

Plenty of privacy surrounds this move in ready cape located on 7.85 acres. This 3 bedroom, 2.5 bath home offers an abundance of natural light and tons of character. The Master bedroom suite has a large walk in closet and its own private bath. The hardwood floors were just refinished, new carpeting added, and the interior freshly painted. The eat in kitchen with a breakfast bar is a joy for any chef. The open floor plan is great for entertaining. The fireplace with its wood burning stove insert will keep you warm and cozy in the winter. The large living room is perfect for gaming, movie watching and much more. Enjoy the sunsets from the stamped concrete patio or enjoy keeping your horses in the yard. The location makes it an easy commute to Hartford, Norwich and New London. A fabulous place to call home.

Last Agent to Sell the Property

Laura Frisch

Coldwell Banker Realty License #REB.0756723 Listed on: 09/28/2016

Coldwell Banker Realty

Last Buyer's Agent

Allyson Cotton

William Pitt Sotheby's Int'l License #REB.0793689

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,673

Year Built

  • Built in 1999

Lot Details

  • 7.85 Acre Lot
  • Secluded Lot
  • Level Lot
  • Partially Wooded Lot
  • Garden

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Wetlands on Lot
  • Patio
  • Shed

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Oil Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,673

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod, Colonial
  • Total Sq Ft: 1820
  • Year Built: 1999
  • Nearby Amenities: Library
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 85 to Forsyth Road. The home is on a flag lot with the driveway located right after 411 Forsyth road, a yellow house.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Interior Amenities: Auto Garage Door Opener, Open Floor Plan
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 407

Exterior Features

  • Exterior Features: Garden Area, Patio, Shed
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Salem
  • High School: East Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 7.8500
  • Lot Description: Level Lot, Lightly Wooded, Rear Lot, Secluded, Some Wetlands
  • Flood Zone: No
  • Property Info: Horse Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 6673
  • Total Assessed Value: 210500
  • Mil Rate Total: 31.700
  • Assessor Parcel Number: 1562861

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Jan 26, 2017
Sold by
Williams Mitchell D
Bought by
Williams Mitchell D and Williams Britany L
Seller's Agent
Laura Frisch
Coldwell Banker Realty
Buyer's Agent
Allyson Cotton
William Pitt Sotheby's Int'l
List Price
$262,500
Sold Price
$255,000
Premium/Discount to List
-$7,500
-2.86%
Current Estimated Value
$522,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,992
Avg. Annual Appreciation
8.47%
Original Mortgage
$260,482
Outstanding Balance
$210,464
Interest Rate
3.54%
Mortgage Type
VA
Estimated Equity
$312,528

Purchase Details

Listed on
Sep 28, 2016
Closed on
Dec 19, 2016
Sold by
Cahill-Griffin Teresa
Bought by
Williams Mitchell D
Seller's Agent
Laura Frisch
Coldwell Banker Realty
Buyer's Agent
Allyson Cotton
William Pitt Sotheby's Int'l
List Price
$262,500
Sold Price
$255,000
Premium/Discount to List
-$7,500
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,482
Outstanding Balance
$210,464
Interest Rate
3.54%
Mortgage Type
VA
Estimated Equity
$312,528

Purchase Details

Closed on
Jul 21, 2003
Sold by
Peckham Alden and Peckham Pamela
Bought by
Cahill-Griffin Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
5.34%

Purchase Details

Closed on
May 4, 1995
Sold by
Lenzen Mary E and Lenzen Kurt
Bought by
Peckham Alden L and Peckham Pamela
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Williams Mitchell D -- --
Williams Mitchell D -- --
Williams Mitchell D $255,000 --
Williams Mitchell D $255,000 --
Cahill-Griffin Teresa $26,600 --
Cahill-Griffin Teresa $26,600 --
Peckham Alden L $40,000 --
Peckham Alden L $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Mitchell D $260,482
Closed Williams Mitchell D $260,482
Previous Owner Peckham Alden L $182,500
Previous Owner Peckham Alden L $212,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2016 12/19/16 Sold $255,000 -2.9% $140 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $262,500 -- $144 / 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 $7,311 $242,100 $57,900 $184,200
2024 $7,094 $242,100 $57,900 $184,200
2023 $6,972 $242,100 $57,900 $184,200
2022 $6,972 $242,100 $57,900 $184,200
2021 $5,960 $185,100 $55,900 $129,200
2020 $5,960 $185,100 $55,900 $129,200
2019 $5,960 $185,100 $55,900 $129,200
2018 $6,118 $190,000 $60,800 $129,200
2017 $6,118 $190,000 $60,800 $129,200
2016 $6,673 $210,500 $65,200 $145,300
2015 $6,673 $210,500 $65,200 $145,300
2014 $6,547 $210,500 $65,200 $145,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: E10171391

SmartMLS

APN: SALE-000009-000023-A000002