$89,500
SOLD MAR 17, 2025

44 Alexander Rd Salem, CT 06420

2.33 Acres
$38,412 Price per Acre
101,495 Sq Ft Lot

Recently Sold

27 Days on Market

About This Lot

As of March 2025

A Prime Building Lot! Build your dream home on this wooded lot that's got great desirability. It has just enough slope (right to left) for gravity footing drains. The soils are desirable, with a perc test at 6.7 (allowing for the smallest septic system design). Your driveway would be nice and level with the road. There are no deed restrictions that require you to build a large home. The only limitation and requirement is that your build conforms to the Salem Zoning regulations. The location is excellent, giving you quick access north or south on Rte 11 and far enough to avoid highway noise. To build a home on this approved building lot, you would need to have a site plan and septic design created for the home you would be building, and your surveyor would reference the original A-2 Survey that's already on file with the town.

Last Agent to Sell the Property

Gregory Hanner

Garden Realty License #REB.0788235 Listed on: 01/05/2025

Last Buyer's Agent

Elizabeth Watson Highman

RE/MAX Legends License #RES.0824238

RE/MAX Legends

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $967

Lot Details

  • 2.33 Acre Lot
  • Property is zoned RuA - Rural Zone A

Location

  • Property is near golf course

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Well Required
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2554037

Property Details

Property Type

Land

Est. Annual Taxes

$967

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Lake, Stables/Riding
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: The lot is just east of the town line on the North side of the street, and the southeast corner is across the street from CL&P Pole #5818
  • Financing Used: Other
  • Street Type: Road
  • Special Features: None

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Cable Available, Electric Available, Phone Available
  • Septic Approval: No
  • Septic Plan Available: Yes

Lot Info

  • Acres: 2.33
  • Lot Description: Level Lot Rolling
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: RuA - Rural Zone A
  • Parcel #: 2554037

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 967

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2025
Closed on
Mar 12, 2025
Sold by
Gribbin Thomas
Bought by
Franco Judith and Franco Steven
Seller's Agent
Gregory Hanner
Garden Realty
Buyer's Agent
Elizabeth Watson Highman
RE/MAX Legends
List Price
$89,500
Sold Price
$89,500
Views
19
Current Estimated Value
$97,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,275
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Dec 20, 2021
Sold by
Scott Wayne
Bought by
Gribbin Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $89,500 None Available
Warranty Deed $89,500 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2025 03/17/25 Sold $89,500 0.0% --
02/01/2025 02/01/25 Pending -- -- --
01/05/2025 01/05/25 For Sale $89,500 +118.3% --
04/06/2016 04/06/16 Sold $41,000 -8.9% -- View Prior Sale
03/21/2016 03/21/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $45,000 -- --
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 $997 $33,000 $33,000 $0
2024 $967 $33,000 $33,000 $0
2023 $950 $33,000 $33,000 $0
2022 $950 $33,000 $33,000 $0
2021 $1,018 $31,600 $31,600 $0
2020 $1,018 $31,600 $31,600 $0
2019 $1,018 $31,600 $31,600 $0
2018 $1,018 $31,600 $31,600 $0
2017 $1,018 $31,600 $31,600 $0
2016 $1,455 $45,900 $45,900 $0
2015 $1,455 $45,900 $45,900 $0
2014 $1,427 $45,900 $45,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24066777

SmartMLS

APN: 10 016 001