NOT LISTED FOR SALE

589 Old Colchester Rd Salem, CT 06420

Estimated Value: $448,000 - $666,000

3 Beds
1.5 Baths
1,248 Sq Ft
$432/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $400,000 $321 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,567/month

309 Days on Market

Highlights

  • 112 Acre Lot
  • Cape Cod Architecture
  • Farm
  • Salem Elementary School Rated A-
  • Wood Burning Stove
  • Secluded Lot

About This Home

As of July 2020

Wow! Country living at it's best! Charming 3 bedroom cape surrounded by 112 wooded acres. A beautiful 1937 craftsmen style cape with many period details. Easy living with bedroom and full bath on first floor. Two bedrooms and a bath on second floor. A detached 2 bay garage with work-shop and heated greenhouse all set off the road for privacy. Enjoy the tranquil sounds of nature. Many possibilities for this unique property! Horticulture, farming, hunting, logging. Come and bring this beautiful place to life! More acreage photos to come.

Last Agent to Sell the Property

Diane Morton-Reilly

IMT Realty License #RES.0793447 Listed on: 05/01/2019

Last Buyer's Agent

Kamey Cavanaugh

eXp Realty License #REB.0794474

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,363

Year Built

  • Built in 1937

Lot Details

  • 112 Acre Lot
  • Secluded Lot
  • Open Lot
  • Partially Wooded Lot
  • Many Trees
  • Property is zoned RU-A

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Wetlands on Lot
  • Enclosed Patio or Porch
  • Rain Gutters

Farming

  • Farm

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Tankless Water Heater
  • Hot Water Circulator
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,363

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1248
  • Public Record Living Room Sq Ft: 1248
  • Total Sq Ft: 1248
  • Year Built: 1937
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2929
  • Tax Year Updated Dt: 07/29/2019
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 589

Exterior Features

  • Exterior Features: Gutters, Porch, Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Hot Water, Wood/Coal Stove
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 112.0000
  • Lot Description: Farm Land, Open Lot, Some Wetlands, Secluded, Lightly Wooded, Treed
  • Flood Zone: No
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5363
  • Total Assessed Value: 166540
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 1563354

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Dytko Paul A and Dytko Debra A
Bought by
Flanagon Ryan M
Current Estimated Value
$560,729

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 26, 2020
Sold by
Dytko Paul A and Dytko Debra A
Bought by
Flanagan Ryan M
Seller's Agent
Diane Morton-Reilly
IMT Realty
Buyer's Agent
Kamey Cavanaugh
eXp Realty
List Price
$498,000
Sold Price
$400,000
Premium/Discount to List
-$98,000
-19.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$360,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Flanagon Ryan M -- None Available
Flanagon Ryan M -- None Available
Flanagan Ryan M $400,000 None Available
Flanagan Ryan M $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flanagan Ryan M $360,000
Previous Owner Dytko Paul $34,500
Previous Owner Dytko Paul $25,000
Previous Owner Dytko Paul $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $400,000 -11.1% $321 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
11/06/2019 11/06/19 Price Changed $450,000 -5.3% $361 / Sq Ft
07/25/2019 07/25/19 Price Changed $475,000 -4.6% $381 / Sq Ft
05/01/2019 05/01/19 For Sale $498,000 -- $399 / 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 $6,139 $203,290 $92,790 $110,500
2024 $5,956 $203,290 $92,790 $110,500
2023 $5,855 $203,290 $92,790 $110,500
2022 $5,904 $205,000 $94,500 $110,500
2021 $5,860 $182,000 $80,900 $101,100
2020 $5,363 $166,540 $65,440 $101,100
2019 $5,363 $166,540 $65,440 $101,100
2018 $5,363 $166,540 $65,440 $101,100
2017 $5,363 $166,540 $65,440 $101,100
2016 $4,670 $147,330 $57,130 $90,200
2015 $4,670 $147,330 $57,130 $90,200
2014 $4,582 $147,330 $57,130 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170186522

SmartMLS

APN: SALE-000014-000018