NOT LISTED FOR SALE

521 Old Colchester Rd Salem, CT 06420

Estimated Value: $427,000 - $562,000

4 Beds
2 Baths
2,254 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 30, 2013

Last sale price $210,000 $93 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,317/month

48 Days on Market

Highlights

  • 3.94 Acre Lot
  • Open Floorplan
  • Deck
  • Salem Elementary School Rated A-
  • Cape Cod Architecture
  • 1 Fireplace

About This Home

As of January 2013

Park like country setting, located adjacent to equestrian center. Well kept 4 br, 2.5 Bath cape opens to dining room w/ slider to deck. Living room with fireplace. 4 Large bedrooms -2 up & 2 down. Located on almost 4 acres of pasture land.

Last Agent to Sell the Property

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 09/15/2012

RE/MAX on the Bay

Last Buyer's Agent

Ann Carpenter

RE/MAX on the Bay License #REB.0755917 Listed on: 09/15/2012

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,948

Year Built

  • Built in 1991

Lot Details

  • 3.94 Acre Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 2,254 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Deck
  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • 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

$5,948

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Total Sq Ft: 2254
  • Year Built: 1991
  • Direct Waterfront: No
  • Directions: Rt. 82 West- turn right onto old colchester rd., Just past rathbun hill rd.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Range Hood, Washer
  • Laundry Room Location: Lower Level
  • Attic: No
  • Street Number Modifier: 521

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Dirt, Gravel

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
  • High School: East Lyme

Lot Info

  • Acres: 3.9400
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 5948
  • Total Assessed Value: 200960
  • Assessor Parcel Number: 1563110

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2012
Closed on
Jan 30, 2013
Sold by
Lecce John A and Leece Jody A
Bought by
Treasure Hill Farm Llc
Seller's Agent
Ann Carpenter
RE/MAX on the Bay
Buyer's Agent
Ann Carpenter
RE/MAX on the Bay
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%
Current Estimated Value
$512,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,442
Avg. Annual Appreciation
7.26%
Source: Public Records

Range of Values:

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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
Treasure Hill Farm Llc $210,000 --
Treasure Hill Farm Llc $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Treasure Hill Farm Llc $141,500
Previous Owner Treasure Hill Farm Llc $32,000
Previous Owner Treasure Hill Farm Llc $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2013 01/30/13 Sold $210,000 -4.5% $93 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
09/15/2012 09/15/12 For Sale $219,900 -- $98 / 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 $7,196 $238,290 $42,490 $195,800
2024 $6,982 $238,290 $42,490 $195,800
2023 $6,863 $238,290 $42,490 $195,800
2022 $6,863 $238,290 $42,490 $195,800
2021 $6,417 $199,300 $40,300 $159,000
2020 $6,417 $199,300 $40,300 $159,000
2019 $6,417 $199,300 $40,300 $159,000
2018 $6,417 $199,300 $40,300 $159,000
2017 $6,417 $199,300 $40,300 $159,000
2016 $5,336 $168,330 $40,230 $128,100
2015 $5,276 $166,430 $40,230 $126,200
2014 $5,390 $173,300 $47,100 $126,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E261084

SmartMLS

APN: SALE-000011-000044-000002