NOT LISTED FOR SALE

54 Salem Rd Old Lyme, CT 06371

Estimated Value: $826,915 - $990,000

3 Beds
2 Baths
2,206 Sq Ft
$425/Sq Ft Est. Value

Last Sold January 17, 2012

Last sale price $500,000 $227 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,473/month

3 Days on Market

Highlights

  • 5.57 Acre Lot
  • Cape Cod Architecture
  • 1 Fireplace
  • Lyme Consolidated School Rated A-
  • Partially Wooded Lot
  • 3 Car Detached Garage

About This Home

As of January 2012

This home is located at 54 Salem Rd, Old Lyme, CT 06371 since 15 November 2011 and is currently estimated at $938,229, approximately $425 per square foot. This property was built in 1985. 54 Salem Rd is a home located in New London County with nearby schools including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Last Agent to Sell the Property

Blythe Smith

Blythe Real Estate License #REB.0791614 Listed on: 11/15/2011

Last Buyer's Agent

Nancy Fox

Compass Connecticut, LLC License #RES.0235400

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,853

Year Built

  • Built in 1985

Lot Details

  • 5.57 Acre Lot
  • Partially Wooded Lot

Home Design

  • Cape Cod Architecture
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 2,206 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Driveway

Schools

  • Lyme Elementary School
  • Lyme Old Lyme High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,853

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Total Sq Ft: 2206
  • Year Built: 1985
  • Directions: Exit 70 off i-95. 8 Miles north on rte 156. Salem rd, on right, is marked with a vertical marker; across from horses and big red barn. #54 On left, up the hill (driveway newly paved 1 yr ago).
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full With Hatchway, Partially Finished
  • Interior Amenities: Cable - Available
  • Laundry Room Location: Lower Level
  • Attic: No
  • Street Number Modifier: 54

Exterior Features

  • Exterior Siding: Cedar, Shingle
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Lyme
  • High School: Lyme Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 5.5700
  • Lot Description: Lightly Wooded, Professionally Landscaped

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 4853
  • Total Assessed Value: 359496
  • Assessor Parcel Number: 1522026

MLS Schools

  • Elementary School: Lyme
  • High School: Lyme Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2008
Sold by
Resnick Stephen
Bought by
Wendell Willis and Wendell Benjamin Candice
Current Estimated Value
$904,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.91%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Mummert Earl J and Mummert Margaret C
Bought by
Resnick Stephen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.14%
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
Wendell Willis $589,000 --
Resnick Stephen S $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pope Steven W $417,000
Previous Owner Pope Steven W $247,345
Previous Owner Pope Steven W $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2012 01/17/12 Sold $500,000 -9.1% $227 / Sq Ft
11/18/2011 11/18/11 Pending -- -- --
11/15/2011 11/15/11 For Sale $550,000 -- $249 / 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 $6,569 $453,018 $99,118 $353,900
2024 $6,569 $453,018 $99,118 $353,900
2023 $8,996 $333,227 $70,927 $262,300
2022 $6,648 $333,227 $70,927 $262,300
2021 $881 $333,227 $70,927 $262,300
2020 $6,648 $333,227 $70,927 $262,300
2019 $6,648 $333,227 $70,927 $262,300
2018 $6,211 $333,939 $78,639 $255,300
2017 $6,094 $333,939 $78,639 $255,300
2016 $6,094 $333,939 $78,639 $255,300
2015 $5,927 $333,939 $78,639 $255,300
2014 $5,677 $333,939 $78,639 $255,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Blythe Smith

    Blythe Real Estate

    Section Image

  • N

    Buyer's Agent in 2012

    Nancy Fox

    Compass Connecticut, LLC

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Map

Source: SmartMLS

MLS Number: M9131558

SmartMLS

APN: LYME-000039-000000-000013

Connecticut New London County Old Lyme 06371

54 Salem Rd, Old Lyme, CT

This home is located at 54 Salem Rd, Old Lyme, CT 06371 since 15 November 2011 and is currently estimated at $938,229, approximately $425 per square foot. This property was built in 1985. 54 Salem Rd is a home located in New London County with nearby schools including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High 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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