NOT LISTED FOR SALE

5 Syleo Ln Unit Lot 3 Salem, CT 06420

Estimated Value: $539,000 - $639,878

3 Beds
2.5 Baths
2,400 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 15, 2020

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

Est. 10% decrease in value since last sale

Current estimated payment $4,057/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

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

  • 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
  • Mil Rate Base: 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
$609,220

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:

--
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
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

    242 Total Sales

    Joseph Malerba
    Section Image
  • Marianne Malerba

    Seller Co-Listing Agent in 2020

    Marianne Malerba

    eXp Realty

    (860) 608-9661

    78 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

    43 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

Not Listed for Sale

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