NOT LISTED FOR SALE

92 Valley Dr Salem, CT 06420

Estimated Value: $519,089 - $628,000

3 Beds
2.5 Baths
1,985 Sq Ft
$293/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $311,500 $157 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,676/month

5 Days on Market

Highlights

  • Open Floorplan
  • Cape Cod Architecture
  • Secluded Lot
  • Salem Elementary School Rated A-
  • Deck
  • Partially Wooded Lot

About This Home

As of July 2018

Updated Cape Cod offering 3 bedrooms, 2.1 baths, 1900+ sq/ft, wood floors though out, granite kitchen, remodeled full bathrooms, 3 car garage, fresh paint, out building, large screen porch, full basement, central vac, security system, cul-de-sac location and set back off the road for extra privacy. A must see!

Last Agent to Sell the Property

John Huhn

Coldwell Banker Realty License #REB.0791198 Listed on: 06/10/2018

Coldwell Banker Realty

Last Buyer's Agent

Kevin Counter

Compass Connecticut, LLC License #RES.0804853

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,416

Year Built

  • Built in 1993

Lot Details

  • 1.93 Acre Lot
  • Secluded Lot
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned RU-A

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Wood Siding

Interior Spaces

  • 1,985 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Screened Porch
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer
  • Gas Dryer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Rain Gutters

Schools

  • Salem Elementary School
  • East Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Valley Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,416

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Neighborhood: South Salem
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1985
  • Public Record Living Room Sq Ft: 1985
  • Total Sq Ft: 1985
  • Year Built: 1993
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4681
  • Directions: Rt 85 to Silver Valley
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Partial With Hatchway, Crawl Space, Unfinished, Concrete Floor
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Central Vacuum, Open Floor Plan, Security System
  • Appliances: Gas Range, Range Hood, Refrigerator, Dishwasher, Washer, Gas Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Porch-Screened, Shed
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Private, Dirt, Gravel

Utilities

  • Cooling System: Ceiling Fans, Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Fireplace Insert, Ridge Vents

Lot Info

  • Acres: 1.9300
  • Lot Description: In Subdivision, Secluded, Level Lot, Lightly Wooded
  • Zoning: RU-A

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5416
  • Mil Rate Base: 32.200
  • Assessor Parcel Number: 1562494

MLS Schools

  • Elementary School: Salem
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2018
Closed on
Jul 31, 2018
Sold by
Cousineau Haelin and Cousineau Eric
Bought by
Sheehan Deborah A and Sheehan Daniel E
Seller's Agent
John Huhn
Coldwell Banker Realty
Buyer's Agent
Kevin Counter
Compass Connecticut, LLC
List Price
$299,000
Sold Price
$311,500
Premium/Discount to List
$12,500
4.18%
Current Estimated Value
$581,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,022
Avg. Annual Appreciation
8.79%
Original Mortgage
$161,500
Outstanding Balance
$138,646
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$442,876

Purchase Details

Listed on
Jul 10, 2012
Closed on
Jun 20, 2013
Sold by
Wood Norman B and Wood Carol A
Bought by
Lim Haejin and Cousineau Eric
Seller's Agent
Merry Cassabria
RE/MAX Realty Group
Buyer's Agent
Merry Cassabria
RE/MAX Realty Group
List Price
$309,900
Sold Price
$255,000
Premium/Discount to List
-$54,900
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$250,350
Interest Rate
3.5%
Mortgage Type
FHA
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
Sheehan Deborah A $311,500 --
Sheehan Deborah A $311,500 --
Lim Haejin $255,000 --
Lim Haejin $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Deborah A $161,500
Closed Sheehan Deborah A $161,500
Previous Owner Lim Haejin $250,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2018 07/31/18 Sold $311,500 +4.2% $157 / Sq Ft
06/10/2018 06/10/18 For Sale $299,000 +17.3% $151 / Sq Ft
06/20/2013 06/20/13 Sold $255,000 -17.7% $128 / Sq Ft View Prior Sale
01/15/2013 01/15/13 Pending -- -- --
07/10/2012 07/10/12 For Sale $309,900 -- $156 / 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 $7,544 $249,800 $50,000 $199,800
2024 $7,319 $249,800 $50,000 $199,800
2023 $7,194 $249,800 $50,000 $199,800
2022 $7,194 $249,800 $50,000 $199,800
2021 $7,066 $219,440 $48,000 $171,440
2020 $7,066 $219,440 $48,000 $171,440
2019 $6,633 $206,000 $48,000 $158,000
2018 $5,416 $168,200 $48,000 $120,200
2017 $5,416 $168,200 $48,000 $120,200
2016 $6,315 $199,200 $53,300 $145,900
2015 $6,315 $199,200 $53,300 $145,900
2014 $6,195 $199,200 $53,300 $145,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170093935

SmartMLS

APN: SALE-000003-000005-000026