NOT LISTED FOR SALE

71 Salem Rd Old Lyme, CT 06371

Estimated Value: $758,698 - $810,000

1 Bed
1 Bath
620 Sq Ft
$1,266/Sq Ft Est. Value

Sale Details

Date Sold: December 9, 2014

Last sale price $180,000 $290 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $4,691 / mo

35 Days on Market

Highlights

  • 5.83 Acre Lot
  • Open Floorplan
  • Workshop
  • Lyme Consolidated School Rated A-
  • 1 Fireplace
  • Thermal Windows

About This Home

As of December 2014

Nearly six wooded, waterfront acres on the eight-mile river. Lovely, quiet setting. Value is mainly in the land. House will require renovation. Tool sheds,gardens.This property has 960 feet of frontage on the eight mile river. House is minimal, but built for high energy efficiency.

Last Agent to Sell the Property

Evan Griswold

Coldwell Banker Realty License #RES.0281418 Listed on: 10/28/2014

Coldwell Banker Realty

Last Buyer's Agent

Joseph Rhodes

Coldwell Banker Realty License #REB.0750631

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 1978

Lot Details

  • 5.83 Acre Lot
  • Stone Wall
  • Sloped Lot
  • Many Trees

Parking

  • Driveway

Home Design

  • Split Level Home
  • Vertical Siding

Interior Spaces

  • 620 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Workshop
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Partially Finished Basement

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

Eco-Friendly Details

  • Solar Heating System
  • Heating system powered by solar not connected to the grid

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Lyme Elementary School
  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Heating System Uses Propane
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,247

Year Built

Built in 1978

Lot Details

5.83 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Style: Split Level
  • Total Sq Ft: 620
  • Year Built: 1978
  • Directions: Route 156 to salem road. House on east side of road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Partially Finished
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Refrigerator
  • Additional Rooms: Workshop
  • Attic: No

Exterior Features

  • Exterior Features: Patio, Stone Wall, Storage Building
  • Exterior Siding: Vertical Siding
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: No Heat
  • Heat Fuel Type: Propane, Solar
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Intermediate School: Lyme-Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 5.8300
  • Lot Description: Sloping Lot, Treed

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 2247
  • Assessor Parcel Number: 2327981

MLS Schools

  • Elementary School: Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2017
Sold by
Hammond Priscilla F and Hammond Dale S
Bought by
Hammond Priscilla and Hammond Dale S
Current Estimated Value
$784,899

Purchase Details

Listed on
Oct 28, 2014
Closed on
Dec 10, 2014
Sold by
Woodwrd Elizabeth W
Bought by
Hammond Dale S and Hammond Priscilla F
Seller's Agent
Evan Griswold
Coldwell Banker Realty
Buyer's Agent
Joseph Rhodes
Coldwell Banker Realty
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hammond Priscilla -- --
Hammond Dale S $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammond Dale S $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2014 12/09/14 Sold $180,000 -10.0% $290 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $200,000 -- $323 / Sq Ft
Source: SmartMLS

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 $6,006 $414,200 $131,400 $282,800
2024 $6,006 $414,200 $131,400 $282,800
2023 $6,104 $313,000 $94,100 $218,900
2022 $6,244 $313,000 $94,100 $218,900
2021 $6,244 $313,000 $94,100 $218,900
2020 $6,244 $313,000 $94,100 $218,900
2019 $6,244 $313,000 $94,100 $218,900
2018 $5,530 $297,300 $106,600 $190,700
2017 $5,426 $297,300 $106,600 $190,700
2016 $2,769 $151,700 $106,800 $44,900
2015 $2,346 $132,163 $87,263 $44,900
2014 $2,247 $132,163 $87,263 $44,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Evan Griswold

    Coldwell Banker Realty

    Section Image
  • Joseph Rhodes

    Buyer's Agent in 2014

    Joseph Rhodes

    Coldwell Banker Realty

    (860) 227-0921

    22 in this area

    50 Total Sales

    Joseph Rhodes
    Section Image
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Map

Source: SmartMLS

MLS Number: N357150

SmartMLS

APN: LYME-000039-000000-000023

Connecticut New London County Old Lyme 06371

71 Salem Rd, Old Lyme, CT

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