NOT LISTED FOR SALE

73 Horse Pond Rd Unit J Salem, CT 06420

Estimated Value: $130,000

2 Beds
1 Bath
986 Sq Ft
$408/mo HOA Fee

Last Sold May 04, 2020

Last sale price $79,900 $81 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,265/month

33 Days on Market

Highlights

  • Ranch Style House
  • Partially Wooded Lot
  • Storm Windows
  • Salem Elementary School Rated A-
  • End Unit
  • Baseboard Heating

About This Home

As of May 2020

Don't miss this one! Private condo living at an affordable price, Unique one of a kind offering. Ranch style end unit with a heated basement. Laundry in basement. Only unit like this in the complex. Excellent updated condition.

Last Agent to Sell the Property

Justin Stebbins

Assist 2 Sell/Stebbins Buyer & Sellers Realty License #RES.0767010 Listed on: 02/21/2020

Last Buyer's Agent

Anthony Revoir

RE/MAX One License #REB.0791557

RE/MAX One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $982

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • Partially Wooded Lot

HOA Fees

  • $408 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 986 Sq Ft Home
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Home Security

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Baseboard Heating
  • Shared Well
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, pest control, road maintenance, insurance
  • 72 Units
  • Horse Pond Community
  • Property managed by Sound Real Estate Service

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$982

Year Built

Built in 1989

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Neighborhood: Horse Pond
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 986
  • Public Record Living Room Sq Ft: 986
  • Total Sq Ft: 986
  • Year Built: 1989
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1972
  • Directions: Route 85 to Horse Pond Road
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Full, Unfinished, Heated, Concrete Floor, Interior Access, Sump Pump
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 73

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Road Maintenance, Insurance
  • Complex Name: Horse Pond
  • Levels In Unit: 1
  • HOA Fees: 408
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Josh Parsons
  • Property Manager Phone: 860-961-0461
  • Property Mgt Company Name: Sound Real Estate Service
  • Property Mgt Phone: 860-333-6535

Schools

  • Elementary School: Salem
  • High School: East Lyme

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Lot Description: Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RVA

Rental Info

  • Pets Allowed Info: 2 cats or 1 dog
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 982
  • Total Assessed Value: 30500
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 2208382

Multi Family

  • Total Num Of Units: 72

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 27, 2020
Sold by
Delrusso Richard
Bought by
Skinner Daniel
Seller's Agent
Justin Stebbins
Assist 2 Sell/Stebbins Buyer & Sellers Realty
Buyer's Agent
Anthony Revoir
RE/MAX One
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,100
Avg. Annual Appreciation
9.54%
Original Mortgage
$63,920
Outstanding Balance
$56,766
Interest Rate
3.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$73,234

Purchase Details

Listed on
Nov 26, 2013
Closed on
May 5, 2014
Sold by
Kinney Aristea E
Bought by
Delrusso Richard
Seller's Agent
Lisa Marineau
Compass Connecticut, LLC
Buyer's Agent
Justin Stebbins
Assist 2 Sell/Stebbins Buyer & Sellers Realty
List Price
$49,900
Sold Price
$25,000
Premium/Discount to List
-$24,900
-49.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.37%

Purchase Details

Closed on
Sep 2, 1997
Sold by
Gage David S
Bought by
Kinney Todd A and Kinney Aristea E
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
Skinner Daniel -- None Available
Skinner Daniel -- None Available
Delrusso Richard $25,000 --
Delrusso Richard $25,000 --
Kinney Todd A $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skinner Daniel $63,920
Closed Skinner Daniel $63,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold $79,900 0.0% $81 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $79,900 +219.6% $81 / Sq Ft
05/05/2014 05/05/14 Sold $25,000 -49.9% $25 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $49,900 -- $51 / 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 $1,800 $59,600 $0 $59,600
2024 $1,746 $59,600 $0 $59,600
2023 $1,716 $59,600 $0 $59,600
2022 $1,716 $59,600 $0 $59,600
2021 $982 $30,500 $0 $30,500
2020 $982 $30,500 $0 $30,500
2019 $1,538 $30,500 $0 $30,500
2018 $982 $30,500 $0 $30,500
2017 $982 $30,500 $0 $30,500
2016 $1,794 $56,600 $0 $56,600
2015 $1,794 $56,600 $0 $56,600
2014 $1,760 $56,600 $0 $56,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170274835

SmartMLS

APN: SALE-000017-000007-000073J