NOT LISTED FOR SALE

87 Lake View Ave Salem, CT 06420

Salem Area

Estimated Value: $198,000 - $276,000

1 Bed
1 Bath
540 Sq Ft
$417/Sq Ft Est. Value

Sale Details

Date Sold: February 5, 2016

Last sale price $50,000 $93 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $1,469 / mo

204 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Level Lot
  • Salem Elementary School Rated A-

About This Home

As of February 2016

Property walking distance to Garner Lake, great place to enjoy the summers

Last Agent to Sell the Property

Richard Gill

Aspen Realty Group License #RES.0791574 Listed on: 06/24/2015

Last Buyer's Agent

Richard Gill

Aspen Realty Group License #RES.0791574 Listed on: 06/24/2015

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 1930

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Clap Board Siding

Interior Spaces

  • 540 Sq Ft Home
  • Dirt Floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Salem Elementary School
  • Pboe High School

Utilities

  • Heating System Uses Oil
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,440

Year Built

Built in 1930

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Bungalow
  • Total Sq Ft: 540
  • Year Built: 1930
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: 87 Lakeview Ave
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Dirt Floor
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Gravel

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2300
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 2440
  • Assessor Parcel Number: 1564004

MLS Schools

  • Elementary School: Salem
  • High School: PBOE

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2015
Closed on
Feb 9, 2016
Sold by
Bought by
Seller's Agent
Richard Gill
Aspen Realty Group
Buyer's Agent
Richard Gill
Aspen Realty Group
List Price
$102,900
Sold Price
$50,000
Premium/Discount to List
-$52,900
-51.41%
Current Estimated Value
$225,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,096
Avg. Annual Appreciation
15.36%
Original Mortgage
$40,000
Outstanding Balance
$31,233
Interest Rate
3.98%
Estimated Equity
$193,863

Purchase Details

Closed on
Mar 16, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, CT

  • Timothy Morse Real Estate Agent - Alliance Realty LLC

    Timothy Morse

    Alliance Realty LLC

    (401) 217-8387

    99 Total Sales

    1 in Salem

    $292,000 Price

    Timothy Morse
     Section Image
  • Lisa Bernard Real Estate Agent - Coldwell Banker Realty

    Lisa Bernard

    Coldwell Banker Realty

    (959) 500-5073

    81 Total Sales

    1 in Salem

    $264,000 Price

    Lisa Bernard
     Section Image
  • Cathy Gonyo Real Estate Agent - RE/MAX Legends

    Cathy Gonyo

    RE/MAX Legends

    (959) 500-6704

    82 Total Sales

    1 in Salem

    $48,000 Price

    Cathy Gonyo
     Section Image
  • Dan Contino Real Estate Agent - eXp Realty

    Dan Contino

    eXp Realty

    (959) 215-6603

    174 Total Sales

    1 in Salem

    $470,000 Price

    Dan Contino
     Section Image
  • Tammy Tinnerello Real Estate Agent - William Pitt Sotheby's Int'l

    Tammy Tinnerello

    William Pitt Sotheby's Int'l

    (959) 215-5434

    141 Total Sales

    1 in Salem

    $60,000 Price

    Tammy Tinnerello
     Section Image
  • Jesus Cazorla Real Estate Agent - LPT Realty

    Jesus Cazorla

    LPT Realty

    (860) 855-7920

    84 Total Sales

    1 in Salem

    $135,000 Price

    Jesus Cazorla
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$50,000 --
-- --
$172,800 --
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $40,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/05/2016 02/05/16 Sold $50,000 -51.4% $93 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
06/24/2015 06/24/15 For Sale $102,900 -- $191 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,809 $93,000 $70,900 $22,100
2024 $2,725 $93,000 $70,900 $22,100
2023 $2,678 $93,000 $70,900 $22,100
2022 $2,678 $93,000 $70,900 $22,100
2021 $2,041 $63,400 $42,900 $20,500
2020 $2,041 $63,400 $42,900 $20,500
2019 $2,041 $63,400 $42,900 $20,500
2018 $2,041 $63,400 $42,900 $20,500
2017 $2,041 $63,400 $42,900 $20,500
2016 $2,441 $77,000 $47,700 $29,300
2015 $2,441 $77,000 $47,700 $29,300
2014 $2,395 $77,000 $47,700 $29,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Richard Gill

    Aspen Realty Group

See All Agents

Map

Source: SmartMLS

MLS Number: G10058189

SmartMLS

APN: SALE-000021-000079

Connecticut New London County Salem 06420

87 Lake View Ave, Salem, CT

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SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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