NOT LISTED FOR SALE

552 Hartford Rd Salem, CT 06420

Estimated Value: $360,000 - $608,000

6 Beds
4 Baths
3,000 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $323,100 $108 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,116/month

18 Days on Market

Highlights

  • Deck
  • Attic
  • Thermal Windows
  • Salem Elementary School Rated A-
  • No HOA
  • Storm Windows

About This Home

As of June 2022

A unique opportunity to live in or invest in an income-producing, multi-family home! This home has been meticulously maintained by its owner and occupants for decades. Owner has spent close to 50k in the last couple of years alone: siding has been repaired and repainted, driveway repaved, kitchen countertops replaced and deck repaired and re-stained. There are multiple ways this could work for you. Make this property entirely your own home and enjoy extended family/multigenerational living on the same property with the perfect amount of privacy/separation. Or simply take advantage of existing rental income from both units. A third option would be to live in one unit and cover your expenses with the income from the other. Each unit has the same layout that features a comfortable 3 bedrooms and 1.5 baths with hardwood floors and natural light throughout. Living rooms are generous and dining areas are separate, just off the kitchen. The kitchens are efficient with some stainless steel appliances. There is a half bath on the main level and a full bath on the upper level on each side. Each unit is a corner unit, has its own basement, utilities, washer/dryer hook ups and plenty of storage. Both units feature upgraded windows with blinds, newer oil tanks and boilers. Well pump has also been upgraded. One of the units has access to a large mahogany deck. Large, level lot of 1.6 acres for occupants to enjoy! Take a look at this home today and see how it can work for YOU!

Last Agent to Sell the Property

Taheera Pinto

William Raveis Real Estate License #REB.0795044 Listed on: 04/01/2021

William Raveis Real Estate

Co-Listed By

Margaret Wilcox

William Raveis Real Estate License #RES.0765012

Last Buyer's Agent

Nadia Kachwaha

KW Legacy Partners License #RES.0799452

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,327

Year Built

  • Built in 1967

Lot Details

  • 1.6 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Thermal Windows

Bedrooms and Bathrooms

  • 6 Bedrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Unfinished Basement

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

Home Security

  • Smart Thermostat
  • Storm Windows
  • Storm Doors

Parking

  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Programmable Thermostat
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,327

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3000
  • Public Record Living Room Sq Ft: 3000
  • Total Sq Ft: 3000
  • Year Built: 1967
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5104
  • Tax Year Updated Dt: 03/31/2021
  • Directions: Off Hartford Rd
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full With Walk-Out, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 552

Exterior Features

  • Exterior Features: Deck, Gutters
  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Programmable Thermostat, Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 1.6000
  • Lot Description: Level Lot
  • Zoning: R-A

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6327
  • Total Assessed Value: 196500
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 1563026

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
Apr 1, 2021
Closed on
Jun 15, 2022
Sold by
Miller Chriss R
Bought by
Sirois Mark and Sirois John T
Seller's Agent
Taheera Pinto
William Raveis Real Estate
Buyer's Agent
Nadia Kachwaha
KW Legacy Partners
List Price
$300,000
Sold Price
$323,100
Premium/Discount to List
$23,100
7.7%
Total Days on Market
18
Current Estimated Value
$472,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,495
Avg. Annual Appreciation
12.48%
Original Mortgage
$295,878
Outstanding Balance
$283,423
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$178,589

Purchase Details

Closed on
Nov 3, 1992
Sold by
State Street Mtg Co
Bought by
Miller Chriss

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sirois Mark $323,100 None Available
Sirois Mark $323,100 None Available
Miller Chriss $105,000 --
Miller Chriss $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sirois Mark $295,878
Closed Sirois Mark $295,878
Previous Owner Miller Chriss R $192,000
Previous Owner Miller Chriss $40,000
Previous Owner Miller Chriss $160,000
Previous Owner Miller Chriss $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $323,100 +7.7% $108 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $300,000 -- $100 / 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
2024 $5,924 $202,200 $42,200 $160,000
2023 $5,823 $202,200 $42,200 $160,000
2022 $5,823 $202,200 $42,200 $160,000
2021 $6,327 $196,500 $40,300 $156,200
2020 $6,327 $196,500 $40,300 $156,200
2019 $6,327 $196,500 $40,300 $156,200
2018 $6,327 $196,500 $40,300 $156,200
2017 $6,327 $196,500 $40,300 $156,200
2016 $5,563 $175,500 $40,300 $135,200
2015 $5,563 $175,500 $40,300 $135,200
2014 $5,458 $175,500 $40,300 $135,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170385579

SmartMLS

APN: SALE-000010-000060