NOT LISTED FOR SALE

51 Morgan Rd Salem, CT 06420

Estimated Value: $366,000 - $417,000

2.14 Acres
$181,226 Price per Acre
93,218 Sq Ft Lot

Last Sold June 06, 2013

Last sale price $60,000 $1 Per Sq Ft

Est. 546% increase in value since last sale

Current estimated payment $2,473/month

118 Days on Market

About This Lot

As of June 2013

Can't find your dream home? Build it ! This approved building lot is conveniently located close to the town center and convenient to colchester. Construction loans available with as little as 5% down. Wetlands at rear of property.

Last Agent to Sell the Property

Eric Engdall

Coldwell Banker Realty License #RES.0784322 Listed on: 01/12/2013

Coldwell Banker Realty

Last Buyer's Agent

Leo Chomen

Signature Properties of NewEng License #RES.0752883

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,338

Lot Details

  • 2.14

Utilities

  • Well Required
  • Cable TV Available

Additional Features

  • 93,218 Sq Ft Home
  • 2.14 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,338

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Total Sq Ft: 93218
  • Property Sub Type: Residential Land
  • Encumbrances Restrictions: Inland-Wetland Restrictions
  • Directions: Rt 85 to morgan rd (across from salem elementary school)
  • Special Features: None

Interior Features

  • Interior Amenities: Cable - Available
  • Attic: No

Exterior Features

  • Road Frontage Description: Paved Road, Municipal Street

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required

Lot Info

  • Acres: 2.1400
  • Development Status: Approved Lot
  • Zoning: Residential

Tax Info

  • Property Tax: 1338
  • Assessor Parcel Number: 2208569

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2013
Closed on
Jun 6, 2013
Sold by
Maiorana Joseph and Maiorana Maureen C
Bought by
Perry Michael S
Seller's Agent
Eric Engdall
Coldwell Banker Realty
Buyer's Agent
Leo Chomen
Signature Properties of NewEng
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$387,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,823
Avg. Annual Appreciation
16.10%
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
Perry Michael S $60,000 --
Perry Michael S $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Michael S $20,000
Open Perry Michael S $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2013 06/06/13 Sold $60,000 0.0% $1 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $60,000 -- $1 / 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 $5,173 $171,300 $42,800 $128,500
2024 $4,861 $165,900 $42,800 $123,100
2023 $4,778 $165,900 $42,800 $123,100
2022 $4,778 $165,900 $42,800 $123,100
2021 $4,801 $149,100 $40,800 $108,300
2020 $4,801 $149,100 $40,800 $108,300
2019 $4,801 $149,100 $40,800 $108,300
2018 $4,659 $144,700 $40,800 $103,900
2017 $4,659 $144,700 $40,800 $103,900
2016 $4,099 $129,300 $45,200 $84,100
2015 $4,099 $129,300 $45,200 $84,100
2014 $3,042 $97,800 $45,200 $52,600
Source: Public Records

Agents Affiliated with this Home

  • Eric Engdall

    Seller's Agent in 2013

    Eric Engdall

    Coldwell Banker Realty

    (860) 705-6918

    34 Total Sales

    Eric Engdall
    Section Image
  • Leo Chomen

    Buyer's Agent in 2013

    Leo Chomen

    Signature Properties of NewEng

    (860) 447-8839

    1 in this area

    167 Total Sales

    Leo Chomen
    Section Image
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Map

Source: SmartMLS

MLS Number: E263458

SmartMLS

APN: SALE-000019-000009-A000000

Connecticut New London County Salem 06420

51 Morgan Rd, Salem, CT

Not Listed for Sale

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