NOT LISTED FOR SALE

703 Hartford Rd Salem, CT 06420

Estimated Value: $531,000 - $804,744

3 Beds
3.5 Baths
2,080 Sq Ft
$306/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $485,000 $233 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,447/month

153 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Deck
  • Salem Elementary School Rated A-
  • 17.5 Acre Lot
  • Wetlands on Lot

About This Home

As of August 2020

NATURE LOVERS DREAM! 17.5 acres of privacy, peace and beauty come together in this brand new spacious 2080 sq ft beautifully landscaped 3 bedroom, 3 bath ranch, with an open floor plan, 32 X 60 4 bay attached garage w/half bath, kitchen offers granite countertop, new stainless appliances, tiled kitchen floor, gleaming hardwood floors in living room/dining area and bedrooms, gas fireplace, central air, generator hookup, additional 1120 sq foot finished off lower level w/waterproof laminate flooring, 2 laundry rooms, one on main floor one in LL, enjoy the view of your own pond from the 14 X 68 deck. Hartford Road is Route 85, close to Route 2 for easy travel to Hartford. Horse friendly! Please check with the town for accurate taxes.

Last Agent to Sell the Property

Cindy Schneider

Compass Connecticut, LLC License #RES.0760017 Listed on: 02/21/2020

Compass Connecticut, LLC

Last Buyer's Agent

Beth Greika

Browning & Browning R.E. License #RES.0810953

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,164

Year Built

  • Built in 2018

Lot Details

  • 17.5 Acre Lot
  • Home fronts a pond
  • Open Lot
  • Partially Wooded Lot
  • Property is zoned RU-A

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Partially Finished Basement

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

Parking

  • 4 Car Attached Garage
  • Parking Deck
  • Gravel Driveway

Outdoor Features

  • Wetlands on Lot
  • Deck

Location

  • Property is near shops

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,164

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2080
  • Public Record Living Room Sq Ft: 2080
  • Total Sq Ft: 2080
  • Year Built: 2018
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Lake, Library, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 7153
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Route 85 is Hartford Road, Sign at end of driveway
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Partially Finished, Heated, Cooled, Liveable Space
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Lower Level, Main Level
  • Attic: Yes
  • Street Number Modifier: 703

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 4
  • Driveway Type: Gravel

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • 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
  • Special Association Assessment Y: No

Schools

  • Elementary School: Salem
  • High School: East Lyme

Lot Info

  • Acres: 17.5000
  • Lot Description: Open Lot, Some Wetlands, Water View, Lightly Wooded
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 11164
  • Total Assessed Value: 346700
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 1563283

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
Wells Leo
Bought by
Wells Leo and Wells Bonnie L
Current Estimated Value
$636,186

Purchase Details

Listed on
Feb 21, 2020
Closed on
Aug 21, 2020
Sold by
Brick Marion
Bought by
Wells Leo
Seller's Agent
Cindy Schneider
Compass Connecticut, LLC
Buyer's Agent
Beth Greika
Browning & Browning R.E.
List Price
$529,900
Sold Price
$485,000
Premium/Discount to List
-$44,900
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$415,000
Interest Rate
2.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 20, 2012
Sold by
Johnson Lorraine C and Deschamps Alicia F
Bought by
Brick Marion
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
Wells Leo -- None Available
Wells Leo -- None Available
Wells Leo -- None Available
Wells Leo -- None Available
Brick Marion $140,000 --
Johnson Lorraine C -- --
Brick Marion $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Leo $65,000
Previous Owner Wells Leo $415,000
Previous Owner Wells Leo $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $485,000 -8.5% $233 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $529,900 -- $255 / 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 $11,754 $389,200 $95,700 $293,500
2024 $11,404 $389,200 $95,700 $293,500
2023 $11,209 $389,200 $95,700 $293,500
2022 $11,209 $389,200 $95,700 $293,500
2021 $11,161 $346,600 $91,100 $255,500
2020 $11,164 $346,700 $91,200 $255,500
2019 $6,625 $205,730 $62,830 $142,900
2018 $2,332 $72,430 $54,930 $17,500
2017 $1,769 $54,930 $54,930 $0
2016 $1,692 $53,360 $53,360 $0
2015 $1,692 $53,360 $53,360 $0
2014 $1,659 $53,360 $53,360 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cindy Schneider

    Compass Connecticut, LLC

    Section Image

  • B

    Buyer's Agent in 2020

    Beth Greika

    Weichert Corporate

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Map

Source: SmartMLS

MLS Number: 170274249

SmartMLS

APN: SALE-000013-000010-A000000

Connecticut New London County Salem 06420

703 Hartford Rd, Salem, CT

This home is located at 703 Hartford Rd, Salem, CT 06420 since 21 February 2020 and is currently estimated at $636,186, approximately $305 per square foot. This property was built in 2018. 703 Hartford Rd is a home located in New London County with nearby schools including Salem Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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