NOT LISTED FOR SALE

50 Corrina Ln Salem, CT 06420

Estimated Value: $632,000 - $643,000

4 Beds
2.5 Baths
2,616 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $545,000 $208 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,081/month

45 Days on Market

Highlights

  • Colonial Architecture
  • ENERGY STAR Certified Homes
  • 2 Fireplaces
  • Salem Elementary School Rated A-
  • Attic
  • Wrap Around Porch

About This Home

As of June 2023

Colonial/Victorian style with quality offered by original owner. Pride of ownership involved with attention to details representing the Victorian style with custom moldings, Hardwood flooring, custom doorknobs, steep gable roof lines, beautiful and large wrap around porch, shapely windows are all uniquely present for character and elegance. Nine foot ceiling on the first floor with a two story foyer to grace the entrance of this home. Large eat in kitchen has ornate designers and plenty of counter space for the cook in the household. Two fireplaces, one stone, in the family room, and the Living room fireplace is marble, add warmth and detail to the rooms they occupy. The wrap around porch offers plenty exterior covered living space for dining and to enjoy the view of the yard. Walk-out basement with full size windows which allow natural light is ideal for storage but is also a desirable location for future living space or great for the handyperson's workshop. Furnace is a 2018 Thermopride with TrueEase humidifier and Air Bear filter which is annually serviced. AC condenser installed 2019. This home is located on a cul-de-sac street in an ideal location for ease of commuting to New London, Waterford, Hartford, Norwich and local conveniences.

Last Agent to Sell the Property

MaryAnn Salvatore

Coldwell Banker Realty License #RES.0753444 Listed on: 03/06/2023

Coldwell Banker Realty

Last Buyer's Agent

Andrew McGurer

Drawbridge Realty License #RES.0796437

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,949

Year Built

  • Built in 1994

Lot Details

  • 2.16 Acre Lot
  • Property is zoned RU-A

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,616 Sq Ft Home
  • 2 Fireplaces
  • Thermal Windows
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Covered Deck
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Salem Elementary And Middle School
  • East Lyme High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Underground Utilities
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • ENERGY STAR Certified Homes
  • Property is near shops

Community Details

  • Silver Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1562485

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,949

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial, Victorian
  • Sq Ft Est Heated Above Grade: 2616
  • Total Sq Ft: 2616
  • Year Built: 1994
  • New Construction: No/Resale
  • Nearby Amenities: Lake, Library, Park, Shopping/Mall
  • Remarks Public Addendum: This is a true 4 bedroom home with a first floor office. Unfinished basement is walk out and has full sized windows for natural light.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5269
  • Directions: route 85 to Silver Valley. Corrina is a cull de sac street on the right.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2616
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Concrete Floor
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Covered Deck, Gutters, Porch-Wrap Around, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Crushed Stone
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Schools

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

Green Features

  • Energy Features: Energy Star Rated, Thermopane Windows

Lot Info

  • Acres: 2.16
  • Lot Description: On Cul-De-Sac In Subdivision
  • Flood Zone: No
  • Zoning: RU-A
  • Parcel #: 1562485

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7949
  • Total Assessed Value: 276000
  • Mil Rate Total: 28.8

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Jun 15, 2023
Sold by
Ostrander Sherylyn S
Bought by
Olsen Thomas and Olsen Diana
Seller's Agent
MaryAnn Salvatore
Coldwell Banker Realty
Buyer's Agent
Andrew McGurer
Drawbridge Realty
List Price
$585,000
Sold Price
$545,000
Premium/Discount to List
-$40,000
-6.84%
Views
144
Current Estimated Value
$635,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,661
Avg. Annual Appreciation
5.77%
Original Mortgage
$370,000
Outstanding Balance
$360,822
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$257,550

Purchase Details

Closed on
Jan 5, 1995
Sold by
Phillips Roger L and Phillips Linda
Bought by
Ostrander Michael R and Ostrander Sherelyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.23%
Mortgage Type
Unknown
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
Olsen Thomas $545,000 None Available
Olsen Thomas $545,000 None Available
Ostrander Michael R $318,950 --
Ostrander Michael R $318,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Thomas $370,000
Closed Olsen Thomas $370,000
Previous Owner Ostrander Michael R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $545,000 -4.4% $208 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $570,000 -2.6% $218 / Sq Ft
03/11/2023 03/11/23 For Sale $585,000 -- $224 / 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 $8,335 $276,000 $50,700 $225,300
2024 $8,087 $276,000 $50,700 $225,300
2023 $7,949 $276,000 $50,700 $225,300
2022 $7,949 $276,000 $50,700 $225,300
2021 $8,018 $249,000 $48,700 $200,300
2020 $8,018 $249,000 $48,700 $200,300
2019 $8,018 $249,000 $48,700 $200,300
2018 $8,018 $249,000 $48,700 $200,300
2017 $8,018 $249,000 $48,700 $200,300
2016 $8,156 $257,300 $54,000 $203,300
2015 $8,156 $257,300 $54,000 $203,300
2014 $8,002 $257,300 $54,000 $203,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170554139

SmartMLS

APN: SALE-000003-000005-000017