NOT LISTED FOR SALE

420 Old Colchester Rd Salem, CT 06420

Estimated Value: $200,000 - $598,000

3 Beds
3 Baths
2,420 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 06, 2019

Last sale price $102,204 $42 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $2,713/month

107 Days on Market

Highlights

  • Indoor Pool
  • Cape Cod Architecture
  • 1 Fireplace
  • Salem Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of February 2019

Lovely antique cape with many modern conveniences. Open floor plan, beautiful fireplaces, sunroom and screened in porch. Large flat back yard is perfect for gardening and animals! Studio apartment over the garage perfect for in-law or extra income. Come take a look!

Last Agent to Sell the Property

Lisa Sader-Goede

Aspen Realty Group License #RES.0595795 Listed on: 09/17/2018

Last Buyer's Agent

Lisa Sader-Goede

Aspen Realty Group License #RES.0595795 Listed on: 09/17/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1790

Lot Details

  • 1.92 Acre Lot
  • Stone Wall
  • Open Lot
  • Property is zoned RU-A

Home Design

  • Cape Cod Architecture
  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,420 Sq Ft Home
  • 1 Fireplace
  • Screened Porch
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Driveway

Pool

  • Indoor Pool
  • Outdoor Pool

Outdoor Features

  • Deck

Schools

  • East Lyme High School

Utilities

  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Indoor Pool

Home Details

Home Type

Single Family

Year Built

Built in 1790

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod, Antique
  • Sq Ft Est Heated Above Grade: 2420
  • Public Record Living Room Sq Ft: 2420
  • Total Sq Ft: 2420
  • Year Built: 1790
  • In Law Access: Over Garage
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5809
  • Directions: across from Gardner Lake Fire House
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 420

Exterior Features

  • Exterior Features: Deck, Porch-Screened, Stone Wall
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: Indoor Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Heat Type: Hot Air
  • 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

Schools

  • Elementary School: Per Board of Ed
  • High School: East Lyme

Lot Info

  • Acres: 1.9200
  • Lot Description: Open Lot
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 7023
  • Total Assessed Value: 218100
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 1564080

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Feb 8, 2019
Sold by
Naumowitz Michael
Bought by
Naumowitz Michael and Naumowitz Tracy
Seller's Agent
Lisa Sader-Goede
Aspen Realty Group
Buyer's Agent
Lisa Sader-Goede
Aspen Realty Group
List Price
$169,600
Sold Price
$102,204
Premium/Discount to List
-$67,396
-39.74%
Current Estimated Value
$416,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,688
Avg. Annual Appreciation
23.74%

Purchase Details

Listed on
Sep 17, 2018
Closed on
Jan 30, 2019
Sold by
Fnma
Bought by
Naumowitz Michael
Seller's Agent
Lisa Sader-Goede
Aspen Realty Group
Buyer's Agent
Lisa Sader-Goede
Aspen Realty Group
List Price
$169,600
Sold Price
$102,204
Premium/Discount to List
-$67,396
-39.74%

Purchase Details

Closed on
Jun 14, 2018
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 29, 2012
Sold by
Nadeau Karen G
Bought by
Nadeau Karen G and Nadeau Robert F

Purchase Details

Closed on
Apr 16, 1998
Sold by
Lattimore Mark F and Lattimore Jennifer L
Bought by
Forcier Kenneth W and Forcier Karen G

Purchase Details

Closed on
Nov 17, 1995
Sold by
Bright Barbara W
Bought by
Lattimore Mark F and Lattimore Jennifer
Source: Public Records

Range of Values:

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Average Value
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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
Naumowitz Michael -- --
Naumowitz Michael -- --
Naumowitz Michael $102,204 --
Naumowitz Michael $102,204 --
Federal National Mortgage Association -- --
Federal National Mortgage Association -- --
Nadeau Karen G -- --
Nadeau Karen G -- --
Forcier Kenneth W $164,250 --
Forcier Kenneth W $164,250 --
Lattimore Mark F $141,000 --
Lattimore Mark F $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bright Barbara $246,200
Previous Owner Bright Barbara $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2019 02/06/19 Sold $102,204 -26.7% $42 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
11/21/2018 11/21/18 Price Changed $139,500 -10.0% $58 / Sq Ft
10/15/2018 10/15/18 Price Changed $155,000 -8.6% $64 / Sq Ft
09/17/2018 09/17/18 For Sale $169,600 -- $70 / 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 $5,354 $177,300 $42,000 $135,300
2024 $5,195 $177,300 $42,000 $135,300
2023 $5,106 $177,300 $42,000 $135,300
2022 $5,106 $177,300 $42,000 $135,300
2021 $5,445 $169,100 $40,000 $129,100
2020 $5,445 $169,100 $40,000 $129,100
2019 $5,445 $169,100 $40,000 $129,100
2018 $7,023 $218,100 $40,000 $178,100
2017 $7,023 $218,100 $40,000 $178,100
2016 $4,986 $157,300 $40,000 $117,300
2015 $4,986 $157,300 $40,000 $117,300
2014 $4,892 $157,300 $40,000 $117,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170125988

SmartMLS

APN: SALE-000022-000047