NOT LISTED FOR SALE

88 Norwich Rd Salem, CT 06420

Estimated Value: $402,000 - $445,000

3 Beds
3 Baths
2,556 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $332,000 $130 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,884/month

Highlights

  • 2.58 Acre Lot
  • Property is near public transit
  • Raised Ranch Architecture
  • Salem Elementary School Rated A-
  • Secluded Lot
  • 2-minute walk to Salem Community Park

About This Home

As of May 2022

Over 2500 sq feet of living space! Set back on over 2.5 quiet acres, this home offers plenty of privacy on a secluded lot. With the recent addition of a master bed and master full bath, you'll have plenty of opportunity to spread out. The dining area opens up to the expansive back deck - perfect for entertaining. The skylight and window doors bring a flood of natural light into the main living area. The fully finished bottom level offers ample additional space for a playroom, game room, or office. Between the two car garage and attic, there's plenty of space for storage as well. While the home itself is set back and secluded, you'll enjoy easy access to stores, restaurants, and the highway. Recent improvements include new insulation, new shingles on the roof, and a new dishwasher.

Last Agent to Sell the Property

Nicholas Tomanelli

Coldwell Banker Realty License #RES.0816258 Listed on: 04/26/2022

Coldwell Banker Realty

Last Buyer's Agent

Skyla Gagnon

RE/MAX Bell Park Realty License #RES.0804256

RE/MAX Bell Park Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,355

Year Built

  • Built in 1990

Lot Details

  • 2.58 Acre Lot
  • Secluded Lot
  • Many Trees
  • Property is zoned RU-A

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Private Driveway

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Garage

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,355

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 1606
  • Public Record Living Room Sq Ft: 1606
  • Sq Ft Est Heated Below Grade: 950
  • Total Sq Ft: 2556
  • Year Built: 1990
  • Nearby Amenities: Library, Park, Public Transportation, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3436
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Full With Walk-Out, Fully Finished, Heated
  • Appliances: Electric Cooktop, Cook Top, Oven/Range, Microwave, Range Hood, Refrigerator, Freezer, Washer, Electric Dryer
  • Attic: Yes
  • Street Number Modifier: 88

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 2.5800
  • Lot Description: Secluded, Treed
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5355
  • Total Assessed Value: 166300
  • Mil Rate Base: 32.200
  • Mil Rate Total: 32.200
  • Assessor Parcel Number: 1562765

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 25, 2022
Sold by
Carsillo Ralph A
Bought by
Rioux Matthew and Rioux Brittany
Seller's Agent
Nicholas Tomanelli
Coldwell Banker Realty
Buyer's Agent
Skyla Gagnon
RE/MAX Bell Park Realty
List Price
$315,000
Sold Price
$332,000
Premium/Discount to List
$17,000
5.4%
Current Estimated Value
$424,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,277
Avg. Annual Appreciation
10.10%
Original Mortgage
$265,600
Outstanding Balance
$254,105
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,296

Purchase Details

Closed on
Jun 7, 1990
Sold by
Rdm Constr
Bought by
Carsillo Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
10.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Rioux Matthew $332,000 None Available
Rioux Matthew $332,000 None Available
Carsillo Ralph $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rioux Matthew $265,600
Closed Rioux Matthew $265,600
Previous Owner Carsillo Ralph $136,500
Previous Owner Carsillo Ralph $142,000
Previous Owner Carsillo Ralph $102,000
Previous Owner Carsillo Ralph $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $332,000 +5.4% $130 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $315,000 -- $123 / 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
2024 $6,358 $217,000 $44,300 $172,700
2023 $6,250 $217,000 $44,300 $172,700
2022 $6,192 $215,000 $44,300 $170,700
2021 $5,355 $166,300 $42,300 $124,000
2020 $5,355 $166,300 $42,300 $124,000
2019 $5,355 $166,300 $42,300 $124,000
2018 $5,355 $166,300 $42,300 $124,000
2017 $5,355 $166,300 $42,300 $124,000
2016 $5,265 $166,100 $42,300 $123,800
2015 $5,265 $166,100 $42,300 $123,800
2014 $5,166 $166,100 $42,300 $123,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170485500

SmartMLS

APN: SALE-000008-000008-A000000