NOT LISTED FOR SALE

622 Old Colchester Rd Salem, CT 06420

Estimated Value: $344,108 - $547,000

2 Beds
1 Bath
884 Sq Ft
$476/Sq Ft Est. Value

Last Sold March 18, 2015

Last sale price $210,000 $238 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,640/month

Highlights

  • 2.4 Acre Lot
  • Deck
  • Baseboard Heating
  • Salem Elementary School Rated A-
  • No HOA
  • Level Lot

About This Home

As of November 2022

Perfect location in beautiful Salem, CT just down the road from tranquil Gardner Lake. This unit is in a side by side duplex, contains an eat-in kitchen, living room, 2 beds, 1 full bath, private deck, and a private walk-out basement with laundry hook-ups. Beautiful level yard. Snow removal, mowing/grounds maintenance are included. Pets are allowed pending landlord approval. Brand new vinyl double pane windows have been ordered and will be installed soon as well.

Last Agent to Rent the Property

Brian Pastuszak

Kings of the House LLC License #REB.0791072 Listed on: 10/25/2022

Last Renter's Agent

Brian Pastuszak

Kings of the House LLC License #REB.0791072 Listed on: 10/25/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,186

Year Built

  • Built in 1984

Lot Details

  • 2.4

Home Design

  • 884 Sq Ft Home
  • Half Duplex
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • 2 Parking Spaces
  • Parking Deck
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Salem Elementary And Middle School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Shared Well
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,186

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Pets Allowed Info: additional $500 deposit
  • Landlord Requirements: Credit Check, Security Deposit, Lease Required
  • Landlord Responsibility: Grounds Maintenance, Snow Removal
  • Lease Price Description: Per Month
  • Pets Allowed: Yes
  • Rental Duration: Yearly Unfurnished
  • Security Deposit Details: $2,500
  • Smoking Allowed: No
  • Tenant Responsibility: Electricity, Heat, Hot Water, Trash Service

Listing Details

  • Neighborhood: Gardner Lake
  • Property Type: Residential Rental
  • Style: Half Duplex
  • Sq Ft Est Heated Above Grade: 884
  • Public Record Living Room Sq Ft: 1768
  • Total Sq Ft: 884
  • Year Built: 1984
  • Nearby Amenities: Lake, Playground/Tot Lot
  • Property Sub Type: Multi-Family Rental
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 2912
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Full With Walk-Out
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 622

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Shared, Paved
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Shared Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 2.4000
  • Lot Description: Level Lot
  • Zoning: RU-A

Multi Family

  • Total Num Of Units: 2

Tax Info

  • Assessor Parcel Number: 1563350

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Rmd Land Development Llc
Bought by
Turnpike 282-284 Albany
Total Days on Market
10
Current Estimated Value
$420,527

Purchase Details

Closed on
Sep 22, 1995
Sold by
Downey Harry E and Downey Grace
Bought by
Joseph David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.81%
Mortgage Type
Unknown
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
Turnpike 282-284 Albany $260,000 None Available
282-284 Albany Turnpike $260,000 None Available
Joseph David P $110,000 --
Joseph David P $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downey Harry E $215,000
Previous Owner Downey Harry E $80,000
Previous Owner Downey Harry E $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Rented $1,800 0.0% --
11/04/2022 11/04/22 Under Contract -- -- --
10/25/2022 10/25/22 For Rent $1,800 +50.0% --
07/03/2015 07/03/15 Rented $1,200 0.0% --
07/02/2015 07/02/15 Under Contract -- -- --
06/25/2015 06/25/15 For Rent $1,200 0.0% --
03/18/2015 03/18/15 Sold $210,000 -12.5% $119 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $239,900 -- $136 / 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 $4,186 $138,600 $43,700 $94,900
2024 $4,061 $138,600 $43,700 $94,900
2023 $3,992 $138,600 $43,700 $94,900
2022 $3,992 $138,600 $43,700 $94,900
2021 $5,123 $159,100 $41,700 $117,400
2020 $5,123 $159,100 $41,700 $117,400
2019 $5,123 $159,100 $41,700 $117,400
2018 $5,123 $159,100 $41,700 $117,400
2017 $5,123 $159,100 $41,700 $117,400
2016 $5,050 $159,300 $41,700 $117,600
2015 $5,050 $159,300 $41,700 $117,600
2014 $4,954 $159,300 $41,700 $117,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170532327

SmartMLS

APN: SALE-000014-000015-A000005