NOT LISTED FOR SALE

5 Syleo Ln Unit Lot 3 Salem, CT 06420

Estimated Value: $541,000 - $1,318,000

3 Beds
2.5 Baths
2,400 Sq Ft
$321/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $675,000 $281 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,935/month

55 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 1 Fireplace
  • Salem Elementary School Rated A-
  • Attic
  • No HOA

About This Home

As of May 2020

Build your next dream home in rural Salem on Forsyth Estates! There are 12 remaining lots; lots range from 2 to 9 acres with packages beginning at $424,900. Packages include the lot, style of home, and square footage. D&D Quality Builders will build your dream home! He will provide you with a variety of plans or you can bring your own for pricing to build.

Last Agent to Sell the Property

Joseph Malerba

eXp Realty License #RES.0792576 Listed on: 04/30/2019

eXp Realty

Co-Listed By

Marianne Malerba

eXp Realty License #RES.0769008

Last Buyer's Agent

Jason McKiernan

William Raveis Real Estate License #RES.0773562

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 2019

Lot Details

  • 1.84 Acre Lot
  • Cul-De-Sac
  • Interior Lot
  • Property is zoned R-80

Home Design

  • Home to be built
  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Parking Deck

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Location

  • Property is near shops

Schools

  • Salem Elementary And Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Private Company Owned Well

Community Details

  • No Home Owners Association
  • Forsyth Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,533

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2400
  • Public Record Living Room Sq Ft: 2237
  • Total Sq Ft: 2400
  • Year Built: 2019
  • New Construction: To Be Built
  • Nearby Amenities: Park, Shopping/Mall, Stables/Riding
  • Direct Waterfront: No
  • Encumbrances Restrictions: Covenant, Deed Restrictions, Easements, Inland-Wetland Restrictions, Lot Restriction(s), Right of Way, Subject to Lot Release
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5652
  • Directions: 85N to Forsyth - Right onto Syleo
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full
  • Appliances: Oven/Range, Range Hood, Refrigerator, Dishwasher
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Deck, Patio, Porch, Shed, Sidewalk
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Private Well
  • Sewer: Septic, Septic Required

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Salem
  • Middle School: Salem
  • High School: East Lyme
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 1.8400
  • Lot Description: Interior Lot, On Cul-De-Sac, In Subdivision
  • Zoning: R-80

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 1533
  • Total Assessed Value: 47600
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 2554005

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Fuller Deborah
Bought by
Fuller Deborah
Current Estimated Value
$770,719

Purchase Details

Closed on
Jul 25, 2019
Sold by
Syleo Developers Llc
Bought by
Fuller Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
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
Fuller Deborah -- None Available
Fuller Deborah -- None Available
Fuller Deborah J $60,000 --
Fuller Deborah J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuller Deborah J $386,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $675,000 +42.1% $281 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $475,000 -- $198 / 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 $10,193 $337,500 $57,700 $279,800
2024 $9,889 $337,500 $57,700 $279,800
2023 $9,720 $337,500 $57,700 $279,800
2022 $9,720 $337,500 $57,700 $279,800
2021 $9,296 $288,700 $47,600 $241,100
2020 $9,296 $288,700 $47,600 $241,100
2019 $1,533 $47,600 $47,600 $0
2018 $1,533 $47,600 $47,600 $0
2017 $1,533 $47,600 $47,600 $0
2016 $1,677 $52,900 $52,900 $0
2015 $1,677 $52,900 $52,900 $0
2014 $1,645 $52,900 $52,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Malerba

    Seller's Agent in 2020

    Joseph Malerba

    eXp Realty

    (860) 912-7315

    7 in this area

    245 Total Sales

    Joseph Malerba
    Section Image
  • Marianne Malerba

    Seller Co-Listing Agent in 2020

    Marianne Malerba

    eXp Realty

    (860) 608-9661

    90 Total Sales

    Marianne Malerba
    Section Image

  • J

    Buyer's Agent in 2020

    Jason McKiernan

    William Raveis Real Estate

    (860) 961-0103

    3 in this area

    45 Total Sales

    Jason McKiernan
    Section Image
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Map

Source: SmartMLS

MLS Number: 170189933

SmartMLS

APN: SALE-000009-000026-000003

Connecticut New London County Salem 06420

5 Syleo Ln Unit Lot 3, Salem, CT

This home is located at 5 Syleo Ln Unit Lot 3, Salem, CT 06420 since 30 April 2019 and is currently estimated at $770,719, approximately $321 per square foot. This property was built in 2019. 5 Syleo Ln Unit Lot 3 is a home located in New London County with nearby schools including Salem Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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