NOT LISTED FOR SALE

46 Rathbun Hill Rd Salem, CT 06420

Estimated Value: $572,410 - $650,000

4 Beds
2.5 Baths
2,356 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $367,000 $156 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,963/month

4 Days on Market

Highlights

  • Barn
  • Paddocks
  • Colonial Architecture
  • Salem Elementary School Rated A-
  • 9.1 Acre Lot
  • Deck

About This Home

As of June 2018

Come home to your own private and idyllic countryside retreat on over 9.1 acres surrounded by nature. This amazing custom Colonial log home boasts an open concept floor plan, exposed wood beams, dramatic living room with cathedral ceilings and a floor to ceiling stone fireplace for those cold winter nights! French doors off the living room lead to a deck perfect for summer BBQs! Huge eat-in kitchen features granite counters, center island and stainless steel appliances. The master bedroom with private bath is located on the main floor. Upstairs you will find three more bedrooms and a full bath. This home features 4 bedrooms and 2.5 baths with more than 2300 square feet of living space. The full walkout basement is perfect for storage or workshop. There is an over-sized 1 car attached garage. Additionally, there is a massive detached garage/barn with three huge doors. Presently used for two horse stalls and storing of tractor equipment. This garage/barn structure could also be perfect for a contractor needing to store large trucks. There are two paddocks with black cord fences that are electric and on! Additionally, the seller is thoughtfully providing a one year AHS Shield Plus Warranty for buyer peace of mind!

Last Agent to Sell the Property

Dan Sperduto

eXp Realty License #REB.0791617 Listed on: 05/10/2018

eXp Realty

Co-Listed By

Ashley Staub

Signature Properties of NewEng License #REB.0790778

Last Buyer's Agent

Tony Walstra

William Pitt Sotheby's Int'l License #RES.0800310

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,976

Year Built

  • Built in 1984

Lot Details

  • 9.1 Acre Lot
  • Level Lot
  • Open Lot
  • Partially Wooded Lot
  • Property is zoned RU-A

Home Design

  • Colonial Architecture
  • Log Cabin
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 2,356 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • French Doors
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Gas Dryer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Wetlands on Lot
  • Deck
  • Shed

Schools

  • East Lyme High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 60 Gallon+ Propane Water Heater
  • Private Company Owned Well
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Additional Features

  • Barn
  • Paddocks

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,976

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial, Log
  • Sq Ft Est Heated Above Grade: 2356
  • Public Record Living Room Sq Ft: 2356
  • Total Sq Ft: 2356
  • Year Built: 1984
  • Nearby Amenities: Lake
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4762
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Concrete Floor
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher, Gas Dryer
  • Laundry Room Location: At top of the stairs
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 46

Exterior Features

  • Exterior Features: Barn, Deck, French Doors, Paddock, Shed
  • Exterior Siding: Logs
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Log

Garage/Parking

  • Garage Parking Info: Attached Garage, Detached Garage, Barn
  • Garages Number: 3
  • Driveway Type: Private

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 100 Gallon Tank, Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 9.1000
  • Lot Description: Rear Lot, Open Lot, Some Wetlands, Level Lot, Lightly Wooded, Rolling
  • Elevation Certificate: No
  • Zoning: RU-A
  • Property Info: Horse Property

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 7976
  • Total Assessed Value: 247700
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 1563419

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 21, 2018
Sold by
Sullivan Joseph A and Sullivan Beth B
Bought by
Daquila Aron and Haynes Shannon
Seller's Agent
Dan Sperduto
eXp Realty
Buyer's Agent
Tony Walstra
William Pitt Sotheby's Int'l
List Price
$360,000
Sold Price
$367,000
Premium/Discount to List
$7,000
1.94%
Current Estimated Value
$601,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,771
Avg. Annual Appreciation
7.13%
Original Mortgage
$348,650
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 1996
Sold by
Costa Ernest N and Costa Susan
Bought by
Sullivan Joseph A and Sullivan Beth B
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
Daquila Aron -- --
Daquila Aron -- --
Sullivan Joseph A $195,000 --
Sullivan Joseph A $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haynes Shannon $342,000
Closed Haynes Shannon $348,650
Previous Owner Sullivan Beth B $90,000
Previous Owner Costa Ernest $193,500
Previous Owner Costa Ernest $35,000
Previous Owner Costa Ernest $192,079
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2018 06/19/18 Sold $367,000 +1.9% $156 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $360,000 -- $153 / 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 $8,018 $265,500 $67,400 $198,100
2024 $7,779 $265,500 $67,400 $198,100
2023 $7,646 $265,500 $67,400 $198,100
2022 $7,646 $265,500 $67,400 $198,100
2021 $8,047 $249,900 $65,400 $184,500
2020 $8,047 $249,900 $65,400 $184,500
2019 $8,047 $249,900 $65,400 $184,500
2018 $7,976 $247,700 $63,200 $184,500
2017 $7,976 $247,700 $63,200 $184,500
2016 $7,301 $230,300 $67,600 $162,700
2015 $7,301 $230,300 $67,600 $162,700
2014 $7,162 $230,300 $67,600 $162,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170077857

SmartMLS

APN: SALE-000015-000010-000003