NOT LISTED FOR SALE

63 Horse Pond Rd Unit F Salem, CT 06420

Estimated Value: $122,000 - $130,903

2 Beds
1 Bath
840 Sq Ft
$411/mo HOA Fee

Last Sold July 29, 2024

Last sale price $117,000 $139 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,226/month

4 Days on Market

Highlights

  • End Unit
  • Property is near shops
  • Coin Laundry
  • Salem Elementary School Rated A-
  • Baseboard Heating
  • Level Lot

About This Home

As of July 2024

Great opportunity for affordable, maintenance free living in Salem! Lovingly maintained, this 2 bedroom, top floor condominium is move-in ready. Open concept design connects the spacious, light-filled living room with the dining area, perfect for entertaining. Beautifully updated kitchen with rich, dark cabinets and stainless steel appliances. Down the hallway is the updated bathroom, large primary bedroom with walk-in closet and well sized 2nd bedroom. Shared basement with designated storage area and coin-operated laundry. Close proximity to New London, Groton, Hartford, yet country living, makes this a no brainer! Don't hesitate on this one!

Last Agent to Sell the Property

Tonilynn Wood

RE/MAX Legends License #RES.0803680 Listed on: 07/12/2024

RE/MAX Legends

Last Buyer's Agent

Banglian Gao

United Realty Plus License #REB.0790952

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1989

HOA Fees

  • $411 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • 840 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • End Unit
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 2208363

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management
  • 8 Units
  • Property managed by Sound RE Services

Amenities

  • Coin Laundry

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,421

Year Built

Built in 1989

Lot Details

0

HOA Fees

$411 per month

Listing Details

  • Neighborhood: Horse Pond
  • Property Type: Condo/Co-Op For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 840
  • Total Sq Ft: 840
  • Year Built: 1989
  • New Construction: No/Resale
  • Nearby Amenities: Lake, Park, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 2
  • Directions: Route 85 to Horse Pond Rd. Up hill to take right into complex- first building on right.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 840
  • Spec Assoc Asses: Yes
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Full, Unfinished, Storage, Interior Access
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Microwave, Refrigerator
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: No
  • Street Number Modifier: 63

Exterior Features

  • Exterior Features: Sidewalk, Gutters, Lighting
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 2
  • Garage And Parking: None, Paved, Unassigned Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 30 Gallon Tank
  • Water Source: Shared Well
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management
  • Levels In Unit: 1
  • HOA Fees: 411
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Josh Parsons
  • Property Manager Phone: (860) 333-6535x101
  • Property Mgt Company Name: Sound RE Services
  • Property Mgt Phone: (860) 333-6535x101
  • Total Number of Units In Complex: Crystal Lake

Schools

  • Elementary School: Salem
  • High School: East Lyme

Lot Info

  • Lot Description: Level Lot
  • Zoning: per town
  • Parcel #: 2208363

Rental Info

  • Pets Allowed Info: per association
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 8

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 1421
  • Total Assessed Value: 48500
  • Mil Rate Total: 29.3

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Jul 26, 2024
Sold by
Corcino Melvin F and Jimenez Meliza
Bought by
Yang Jing
Seller's Agent
Tonilynn Wood
RE/MAX Legends
Buyer's Agent
Banglian Gao
United Realty Plus
List Price
$117,000
Sold Price
$117,000
Views
13
Current Estimated Value
$126,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,726
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Nov 4, 2022
Sold by
Corcino Melvin F
Bought by
Corcino Melvin F and Jimenez Meliza

Purchase Details

Closed on
Apr 11, 2005
Sold by
Liu Lance
Bought by
Corcino Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.7%

Purchase Details

Closed on
Feb 9, 2004
Sold by
Porriello John
Bought by
Liu Lance Y
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
Yang Jing $117,000 None Available
Yang Jing $117,000 None Available
Yang Jing $117,000 None Available
Corcino Melvin F -- None Available
Corcino Melvin F -- None Available
Corcino Melvin F -- None Available
Corcino Melvin $85,000 --
Corcino Melvin $85,000 --
Liu Lance Y $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Lance Y $49,788
Previous Owner Liu Lance Y $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $117,000 0.0% $139 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $117,000 -- $139 / 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 $1,465 $48,500 $0 $48,500
2024 $1,421 $48,500 $0 $48,500
2023 $1,397 $48,500 $0 $48,500
2022 $1,397 $48,500 $0 $48,500
2021 $795 $24,700 $0 $24,700
2020 $795 $24,700 $0 $24,700
2019 $795 $24,700 $0 $24,700
2018 $795 $24,700 $0 $24,700
2017 $795 $24,700 $0 $24,700
2016 $1,487 $46,900 $0 $46,900
2015 $1,487 $46,900 $0 $46,900
2014 $1,459 $46,900 $0 $46,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24010273

SmartMLS

APN: SALE-000017-000007-000063F