NOT LISTED FOR SALE

85 Preston Ln Salisbury, CT 06068

Estimated Value: $1,542,000 - $2,116,000

3 Beds
2.5 Baths
2,822 Sq Ft
$641/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $1,571,000 $557 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,515/month

3 Days on Market

Highlights

  • Lake Front
  • 1 Fireplace
  • 2 Car Attached Garage
  • Contemporary Architecture
  • No HOA
  • Central Air

About This Home

As of April 2022

A beautifully maintained contemporary home with a gentle sloping yard and direct access to the lake is now available for sale in the idyllic Twin Lakes region of Salisbury CT. Enjoy nightly sunsets from this western-facing house from the porch, dock, or from inside the house in front of the fire. The oversized great room with double height vaulted ceilings, oak floors, a bank of windows revealing breathtaking water views, a dining area next to a cozy living space with a fireplace is open to a chef's kitchen with custom cabinetry and countertops. Open french doors to a main floor primary bedroom and bath. An office, mudroom, and powder room complete the first floor. The 2nd floor boasts three bedrooms and a full bath with a hallway opens to the great
room. The walk-out lower level is easily converted to additional living space. A two-car attached garage and generator add to the comfort and security of this luxury home. Enjoy the best of country living from the heart of Salisbury. Other nearby amenities
include, Lakeville Lake, Catamount Ski Resort & Aerial Park, Butternut Ski Area, Hotchkiss, Salisbury School, Berkshire School.

Last Agent to Sell the Property

William Melnick

Elyse Harney Real Estate License #RES.0808379 Listed on: 01/26/2022

Co-Listed By

Holly Leibrock

Elyse Harney Real Estate License #RES.0805130

Last Buyer's Agent

Elyse Morris

Elyse Harney Real Estate License #REB.0789052

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,324

Year Built

  • Built in 1988

Lot Details

  • 0.45 Acre Lot
  • Lake Front
  • Property is zoned RR1

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,822 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Schools

  • Salisbury Elementary School
  • Regional District 1 High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Private Company Owned Well
  • Propane Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,324

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Neighborhood: Lakeville
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 2822
  • Public Record Living Room Sq Ft: 2822
  • Total Sq Ft: 2822
  • Year Built: 1988
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5645
  • Directions: from Taconic Post Office, take Twin Lakes Road toward Cooper Hill, Preston Lane on the right, #85 is on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: No

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.4500
  • Lot Description: N/A
  • Zoning: RR1

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 9324
  • Mil Rate Base: 11.000
  • Assessor Parcel Number: 871026

MLS Schools

  • Elementary School: Salisbury
  • High School: Regional District 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Apr 1, 2022
Sold by
Willand Ruthmary Est and Pellegrino
Bought by
Kirk Nathaniel and Kirk Laura
Seller's Agent
William Melnick
Elyse Harney Real Estate
Buyer's Agent
Elyse Morris
Elyse Harney Real Estate
List Price
$1,395,000
Sold Price
$1,571,000
Premium/Discount to List
$176,000
12.62%
Current Estimated Value
$1,809,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,285
Avg. Annual Appreciation
3.80%
Original Mortgage
$1,296,250
Outstanding Balance
$1,208,943
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$600,342

Purchase Details

Closed on
May 25, 1999
Sold by
Chumsky Jay R and Chumsky Paul K
Bought by
Willard Ruthmary
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
Kirk Nathaniel $1,571,000 None Available
Kirk Nathaniel $1,571,000 None Available
Willard Ruthmary $475,000 --
Willard Ruthmary $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirk Nathaniel $1,296,250
Closed Kirk Nathaniel $1,296,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $1,571,000 +12.6% $557 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $1,395,000 -- $494 / 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 $12,651 $1,150,100 $574,000 $576,100
2024 $12,526 $1,138,700 $574,000 $564,700
2023 $10,260 $932,700 $574,000 $358,700
2022 $9,324 $847,600 $574,000 $273,600
2021 $9,324 $847,600 $574,000 $273,600
2020 $8,988 $774,800 $479,900 $294,900
2019 $8,988 $774,800 $479,900 $294,900
2018 $8,755 $774,800 $479,900 $294,900
2017 $8,600 $774,800 $479,900 $294,900
2016 $8,290 $774,800 $479,900 $294,900
2015 $7,922 $740,400 $479,900 $260,500
2014 $7,939 $756,100 $479,900 $276,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170463536

SmartMLS

APN: SALI-000069-000029