NOT LISTED FOR SALE

7 Academy St Salisbury, CT 06068

Estimated Value: $451,000 - $644,000

3 Beds
2.5 Baths
2,296 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $300,000 $131 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,247/month

51 Days on Market

Highlights

  • The property is located in a historic district
  • Colonial Architecture
  • Enclosed Patio or Porch
  • City View
  • No HOA
  • Baseboard Heating

About This Home

As of August 2019

in town property that could be a combination for both residential and commercial uses in an excellent location. Historically the top two floors have either been used as office space or residential, while the main floor is wonderfully suited for commercial use, with large bay windows and front door facing Academy St. Built by the Satre family who were renowned for excellence in both ski jumping and construction, this is a rare opportunity to own a property in the center of Salisbury.

Last Agent to Sell the Property

John Harney

William Pitt Sotheby's Int'l License #REB.0788879 Listed on: 07/10/2019

William Pitt Sotheby's Int'l

Last Buyer's Agent

Holly Leibrock

Elyse Harney Real Estate License #RES.0805130

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,764

Year Built

  • Built in 1880

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned C20

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2,296 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Dirt Driveway
  • Off-Street Parking

Schools

  • Salisbury Elementary School
  • Housatonic High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • The property is located in a historic district

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,764

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2296
  • Public Record Living Room Sq Ft: 2296
  • Total Sq Ft: 2296
  • Year Built: 1880
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3820
  • Tax Year Updated Dt: 07/29/2019
  • Directions: drive to the center of Salisbury, take Academy St, property on your right
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full With Hatchway
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Electric Cooktop, Refrigerator
  • Attic: No

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt, Dirt

Utilities

  • Cooling System: Wall Unit, Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1200
  • Lot Description: Historic District, City Views
  • Zoning: C20

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2764
  • Mil Rate Base: 11.600
  • Assessor Parcel Number: 870699

MLS Schools

  • Elementary School: Salisbury
  • High School: Housatonic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Rice Margaret A
Bought by
Rice Ft
Current Estimated Value
$576,487

Purchase Details

Listed on
Jul 10, 2019
Closed on
Aug 28, 2019
Sold by
Novak Ronald S and Novak Rose J
Bought by
Rice Margaret A
Seller's Agent
John Harney
William Pitt Sotheby's Int'l
Buyer's Agent
Holly Leibrock
Elyse Harney Real Estate
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%

Purchase Details

Closed on
Dec 2, 1983
Bought by
Novak Ronald S and Novak Rose J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rice Ft -- None Available
Rice Ft -- None Available
Rice Margaret A $300,000 --
Rice Margaret A $300,000 --
Novak Ronald S $95,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $300,000 -14.3% $131 / Sq Ft
07/10/2019 07/10/19 For Sale $350,000 -- $152 / 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 $2,529 $229,900 $94,400 $135,500
2024 $2,529 $229,900 $94,400 $135,500
2023 $2,529 $229,900 $94,400 $135,500
2022 $2,529 $229,900 $94,400 $135,500
2021 $2,529 $229,900 $94,400 $135,500
2020 $2,764 $238,300 $94,400 $143,900
2019 $2,764 $238,300 $94,400 $143,900
2018 $2,693 $238,300 $94,400 $143,900
2017 $2,645 $238,300 $94,400 $143,900
2016 $2,550 $238,300 $94,400 $143,900
2015 $2,405 $224,800 $78,800 $146,000
2014 $2,523 $240,300 $78,800 $161,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170215241

SmartMLS

APN: SALI-000054-000075