NOT LISTED FOR SALE

55 Emerald Glen Ln Salem, CT 06420

Estimated Value: $692,000 - $784,000

7 Beds
4 Baths
3,654 Sq Ft
$201/Sq Ft Est. Value

Last Sold February 26, 2022

Last sale price $525,000 $144 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,043/month

10 Days on Market

Highlights

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

About This Home

As of February 2022

Look no further!!! Prestigious home in Emerald Glen subdivision. Custom built home with professionally landscaped yard, hardwood throughout and treetops views to Long Island Sound. Oversized rooms throughout living area, consisting of extra large living room, formal dining room, 2 car garage, laundry room, great room, 5 bedrooms and 3 full baths. Large eat-in kitchen with solid pinewood cabinets, granite countertops, stainless steel appliances, double sinks and extra large pant. Oversized master suite with fireplace, bookshelves, walk-in closet with dressing area and sitting area. Fully finished basement featuring recessed ceiling with kitchen, 2 bedrooms and full bath. Emerald Glen Subdivision is surrounded by parks and ponds with endless outdoor activities, plus close proximity to groceries and malls. The town of Salem offers one of the best school systems in southeastern Connecticut. You will not be disappointed!!

Last Agent to Sell the Property

Tim Lee

eXp Realty License #RES.0817495 Listed on: 11/29/2021

eXp Realty

Last Buyer's Agent

Tom Preston

Keller Williams Realty License #REB.0791576

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,786

Year Built

  • Built in 1999

Lot Details

  • 1.86 Acre Lot
  • Waterfront

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 3,654 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Sitting Room
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Home Security

  • Home Security System
  • Smart Thermostat
  • Storm Doors

Parking

  • 2 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Insulation
  • ENERGY STAR Certified Homes

Outdoor Features

  • Wrap Around Balcony

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Salem Elementary And Middle School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • 60+ Gallon Tank
  • Private Water Source
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • Emerald Glen Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,786

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Neighborhood: Horse Pond
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3654
  • Public Record Living Room Sq Ft: 3654
  • Total Sq Ft: 3654
  • Year Built: 1999
  • Nearby Amenities: Basketball Court, Golf Course, Lake, Medical Facilities, Park, Private School(s), Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Public Record Gross Sq Ft: 7788
  • Directions: USE GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 2
  • Basement Description: Fully Finished, Walk-out
  • Interior Amenities: Security System
  • Appliances: Electric Range, Refrigerator, Dishwasher, Disposal
  • Additional Rooms: Laundry Room, Sitting Room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Home Automation: Security System, Thermostat(s)
  • Street Number Modifier: 55

Exterior Features

  • Exterior Features: Balcony, Wrap Around Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 100 Gallon Tank
  • Water Source: Private Water System
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Energy Star Rated, Extra Insulation, Storm Doors

Lot Info

  • Acres: 1.8600
  • Lot Description: In Subdivision
  • Zoning: Residential

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 9786
  • Total Assessed Value: 303900
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 2208488

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
Nov 29, 2021
Closed on
Jan 24, 2022
Sold by
Lee Timmy and Nguyen Tien
Bought by
Mcfarland Nancy
Seller's Agent
Tim Lee
eXp Realty
Buyer's Agent
Tom Preston
Keller Williams Realty
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Total Days on Market
10
Current Estimated Value
$736,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,036
Avg. Annual Appreciation
11.40%

Purchase Details

Closed on
Oct 31, 2001
Sold by
Zhao Zhiy Ang and Chen Ying
Bought by
Nguyen Tien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.82%

Purchase Details

Closed on
May 7, 1999
Sold by
Phillips Roger L and Phillips Linda F
Bought by
Zhao Zhiyang and Chen Ying
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
Mcfarland Nancy -- None Available
Mcfarland Nancy -- None Available
Nguyen Tien $500,000 --
Nguyen Tien $500,000 --
Zhao Zhiyang $420,368 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Timmy $292,000
Previous Owner Zhao Zhiyang $201,500
Previous Owner Zhao Zhiyang $286,000
Previous Owner Zhao Zhiyang $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2022 02/26/22 Sold $525,000 -4.5% $144 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $550,000 0.0% $151 / Sq Ft
03/13/2020 03/13/20 Rented $2,600 -3.7% --
03/10/2020 03/10/20 Under Contract -- -- --
01/03/2020 01/03/20 For Rent $2,700 0.0% --
10/31/2018 10/31/18 Rented $2,700 0.0% --
09/17/2018 09/17/18 For Rent $2,700 -- --
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
2024 $11,491 $392,200 $49,700 $342,500
2023 $11,295 $392,200 $49,700 $342,500
2022 $11,295 $392,200 $49,700 $342,500
2021 $9,786 $303,900 $47,700 $256,200
2020 $9,786 $303,900 $47,700 $256,200
2019 $9,786 $303,900 $47,700 $256,200
2018 $9,786 $303,900 $47,700 $256,200
2017 $8,781 $272,700 $47,700 $225,000
2016 $9,710 $306,300 $53,000 $253,300
2015 $9,710 $306,300 $53,000 $253,300
2014 $9,526 $306,300 $53,000 $253,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170454422

SmartMLS

APN: SALE-000025-000002-000044