NOT LISTED FOR SALE

470 Forsyth Rd Salem, CT 06420

Estimated Value: $451,206 - $592,000

5 Beds
2 Baths
2,465 Sq Ft
$212/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2022

Last sale price $405,000 $164 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,355 / mo

52 Days on Market

Highlights

  • Cape Cod Architecture
  • Partially Wooded Lot
  • 1 Fireplace
  • Salem Elementary School Rated A-
  • Attic
  • No HOA

About This Home

As of May 2022

A spacious Cape style home that features five bedrooms, two full baths set on a beautiful 2.05 acre lot with a great yard. Newer Septic, updated Kitchen, Granite counter-tops, Refinished hardwood floors, Upgrades to baths. The front yard is protected with a stone wall. With 5 bedrooms, 2 bathrooms, 1 car garage, full basement with finished room this home is sure to please.

Last Agent to Sell the Property

Randy Gallogly

Carl Guild & Associates License #RES.0796594 Listed on: 04/01/2022

Last Buyer's Agent

Jeff Beale

eXp Realty License #RES.0803773

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,005

Year Built

  • Built in 1956

Lot Details

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

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,465 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,005

Year Built

Built in 1956

Lot Details

2.05 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2465
  • Public Record Living Room Sq Ft: 2465
  • Total Sq Ft: 2465
  • Year Built: 1956
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5722
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full With Hatchway
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Private, Circular, Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 2.0500
  • Lot Description: Open Lot, Lightly Wooded
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6005
  • Mil Rate Base: 32.200
  • Assessor Parcel Number: 1562874

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 24, 2022
Sold by
Lopez Alex and Lopez Courtney
Bought by
Teixeira Thomas H and Teixeira Julie M
Seller's Agent
Randy Gallogly
Carl Guild & Associates
Buyer's Agent
Jeff Beale
eXp Realty
List Price
$385,000
Sold Price
$405,000
Premium/Discount to List
$20,000
5.19%
Current Estimated Value
$522,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,802
Avg. Annual Appreciation
6.77%
Original Mortgage
$324,000
Outstanding Balance
$297,351
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$225,451

Purchase Details

Listed on
Jan 8, 2018
Closed on
Apr 2, 2018
Sold by
Ardent Ventures Llc
Bought by
Lopez Alex and Lopez Courtney
Seller's Agent
Andrew Koczon
Berkshire Hathaway NE Prop.
Buyer's Agent
Randy Gallogly
Carl Guild & Associates
List Price
$274,900
Sold Price
$266,900
Premium/Discount to List
-$8,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$275,707
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Closed on
May 8, 2017
Sold by
Winakor Arthur
Bought by
Ardent Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2017
Sold by
Winakor Eugene
Bought by
Winakor Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.23%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Teixeira Thomas H -- None Available
Teixeira Thomas H -- None Available
Teixeira Thomas H -- None Available
Lopez Alex $266,900 --
Lopez Alex -- --
Lopez Alex -- --
Lopez Alex $266,900 --
Lopez Alex $266,900 --
Ardent Ventures Llc -- --
Ardent Ventures Llc -- --
Ardent Ventures Llc -- --
Winakor Arthur $50,000 --
Winakor Arthur $50,000 --
Winakor Arthur $50,000 --
Winakor Arthur $50,000 --
Winakor Arthur $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teixeira Thomas H $324,000
Closed Teixeira Thomas H $324,000
Previous Owner Lopez Alex $275,707
Previous Owner Ardent Ventures Llc $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2022 05/25/22 Sold $405,000 +5.2% $164 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $385,000 0.0% $156 / Sq Ft
03/26/2020 03/26/20 Rented $2,100 -4.5% --
03/16/2020 03/16/20 For Rent $2,200 0.0% --
03/29/2018 03/29/18 Sold $266,900 -2.9% $87 / Sq Ft View Prior Sale
02/03/2018 02/03/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $274,900 -- $90 / Sq Ft
Source: SmartMLS

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 $7,227 $239,300 $42,500 $196,800
2024 $7,011 $239,300 $42,500 $196,800
2023 $6,892 $239,300 $42,500 $196,800
2022 $6,892 $239,300 $42,500 $196,800
2021 $4,906 $186,500 $40,500 $146,000
2020 $6,005 $186,500 $40,500 $146,000
2019 $6,005 $186,500 $40,500 $146,000
2018 $4,798 $186,500 $40,500 $146,000
2017 $5,534 $171,870 $54,070 $117,800
2016 $5,923 $186,830 $64,930 $121,900
2015 $7,023 $221,530 $98,530 $123,000
2014 $6,890 $221,530 $98,530 $123,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170478744

SmartMLS

APN: SALE-000009-000029

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