NOT LISTED FOR SALE

480 West Rd Salem, CT 06420

Estimated Value: $415,590 - $541,000

3 Beds
2 Baths
1,680 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $237,000 $141 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,097/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Secluded Lot
  • Attic
  • Salem Elementary School Rated A-
  • Partially Wooded Lot
  • Thermal Windows

About This Home

As of May 2013

Newer cape in beautiful rural setting. This is a nature lovers paradise! Entire second floor is master suite with ample closets, easily used as 2 beds. Open floor plan with two first floor bedrooms. Fully finished basement adds 340 sq ft of living space.
Lots to love about this home! Two car attached garage, finished basement, tons of storage, covered screen porch / deck off the back of the house.

Last Agent to Sell the Property

Liz Doll

William Raveis Real Estate License #RES.0780779 Listed on: 03/01/2013

William Raveis Real Estate

Last Buyer's Agent

Linda Johnson-Hille

RE/MAX on the Bay License #RES.0310465

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 2001

Lot Details

  • 2.25 Acre Lot
  • Stone Wall
  • Secluded Lot
  • Partially Wooded Lot

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Thermal Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Deck

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
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,236

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Total Sq Ft: 1680
  • Year Built: 2001
  • Directions: Witch meadow road to west road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Fully Finished, Full
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator, Range Hood
  • Laundry Room Location: Lower Level
  • Attic: Yes
  • Street Number Modifier: 480

Exterior Features

  • Exterior Features: Covered Deck, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Salem School
  • High School: East Lyme High

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 2.2500
  • Lot Description: Lightly Wooded, Secluded

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 5236
  • Total Assessed Value: 176900
  • Assessor Parcel Number: 1562725

MLS Schools

  • Elementary School: Salem School
  • High School: East Lyme High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2013
Closed on
May 6, 2013
Sold by
Duhamel Christopher D and Duhamel Gretchen
Bought by
Porrello Peter D and Arnott Andrea M
Seller's Agent
Liz Doll
William Raveis Real Estate
Buyer's Agent
Linda Johnson-Hille
RE/MAX on the Bay
List Price
$239,900
Sold Price
$237,000
Premium/Discount to List
-$2,900
-1.21%
Current Estimated Value
$469,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,898
Avg. Annual Appreciation
5.74%
Original Mortgage
$232,707
Outstanding Balance
$166,014
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$300,571

Purchase Details

Closed on
Jun 16, 2006
Sold by
Hill Robert and Hill Julie
Bought by
Duhamel Christopher and Duhamel Gretchen

Purchase Details

Closed on
Oct 11, 2000
Sold by
Grasselli Nicholas and Morgan Margaret
Bought by
Hill Robert and Hill Julie

Purchase Details

Closed on
Feb 14, 1996
Sold by
Peterson Jon W and Peterson Karen L
Bought by
Grasselli Nicholas E and Grasselli Margaret M
Source: Public Records

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Range of Values:

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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
Porrello Peter D $237,000 --
Porrello Peter D $237,000 --
Duhamel Christopher $315,000 --
Duhamel Christopher $315,000 --
Hill Robert $23,000 --
Hill Robert $23,000 --
Grasselli Nicholas E $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porrello Peter D $5,009
Open Grasselli Nicholas E $232,707
Closed Grasselli Nicholas E $232,707
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2013 05/03/13 Sold $237,000 -1.2% $141 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $239,900 -- $143 / 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
2024 $5,757 $196,500 $43,200 $153,300
2023 $5,659 $196,500 $43,200 $153,300
2022 $5,659 $196,500 $43,200 $153,300
2021 $5,561 $172,700 $41,200 $131,500
2020 $5,561 $172,700 $41,200 $131,500
2019 $5,561 $172,700 $41,200 $131,500
2018 $5,561 $172,700 $41,200 $131,500
2017 $5,561 $172,700 $41,200 $131,500
2016 $5,769 $182,000 $45,600 $136,400
2015 $5,750 $181,400 $45,600 $135,800
2014 $5,642 $181,400 $45,600 $135,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G643936

SmartMLS

APN: SALE-000007-000015-000001