NOT LISTED FOR SALE

99 Preston Ln Salisbury, CT 06068

Estimated Value: $602,482 - $856,000

3 Beds
1 Bath
1,558 Sq Ft
$492/Sq Ft Est. Value

Last Sold August 04, 2016

Last sale price $495,000 $318 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,620/month

70 Days on Market

Highlights

  • Beach Front
  • Deck
  • 1 Fireplace
  • Open Floorplan
  • Partially Wooded Lot
  • No HOA

About This Home

As of August 2016

This three season charming cottage with an open floor plan and a large stone fireplace has 125 feet of lakefront on Twin Lakes. Enjoy sunsets on your wraparound deck overlooking the water. Located at the end of a quiet dead end street in the Taconic section of Salisbury. Approved 4 BR septic plan has been completed. Enjoy this house as a three season retreat or update and make a year round home pending town approvals.

Last Listed By

Elvia Gignoux

William Pitt Sotheby's Int'l License #RES.0758682 Listed on: 04/01/2016

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 1900

Lot Details

  • 0.54 Acre Lot
  • Beach Front
  • Lake Front
  • Cul-De-Sac
  • Partially Wooded Lot

Home Design

  • Cottage
  • Clap Board Siding

Interior Spaces

  • 1,558 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Water Views
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Dirt Driveway

Outdoor Features

  • Deck

Schools

  • Salisbury Elementary School
  • Regional District 1 High School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,342

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cottage
  • Total Sq Ft: 1558
  • Year Built: 1900
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Twin Lakes Road to Preston Lane. House on right almost at the end of the road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Open Floor Plan
  • Appliances: Electric Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 99

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard
  • Waterfront Description: Beach, Dock or Mooring, Frontage, Lake, View
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Dirt

Utilities

  • Heat Type: No Heat
  • 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

Schools

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

Lot Info

  • Acres: 0.5400
  • Lot Description: On Cul-De-Sac, Lightly Wooded

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3342
  • Total Assessed Value: 312400
  • Mil Rate Total: 10.700
  • Assessor Parcel Number: 870992

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Aug 5, 2016
Sold by
Pego Partners Llp
Bought by
Reid Alexander M and Spaziani Kathryn J
Seller's Agent
Elvia Gignoux
William Pitt Sotheby's Int'l
Buyer's Agent
Patricia Best
William Pitt Sotheby's Int'l
List Price
$595,000
Sold Price
$495,000
Premium/Discount to List
-$100,000
-16.81%
Total Days on Market
70
Current Estimated Value
$765,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,871
Avg. Annual Appreciation
4.69%
Original Mortgage
$583,698
Outstanding Balance
$478,459
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,617

Purchase Details

Closed on
Dec 28, 1995
Sold by
Graham Laura D Est
Bought by
Pego Ptnrs

Range of Values:

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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
Reid Alexander M $495,000 --
Reid Alexander M $495,000 --
Pego Ptnrs $97,500 --
Pego Ptnrs $32,500 --
Pego Ptnrs $32,500 --
Pego Ptnrs $32,500 --
Pego Ptnrs $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pego Ptnrs $583,698
Closed Pego Ptnrs $583,698
Previous Owner Pego Ptnrs $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2016 08/04/16 Sold $495,000 -16.8% $318 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $595,000 -- $382 / 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 $3,996 $363,300 $286,900 $76,400
2023 $3,996 $363,300 $286,900 $76,400
2022 $3,996 $363,300 $286,900 $76,400
2021 $3,996 $363,300 $286,900 $76,400
2020 $4,033 $347,700 $286,900 $60,800
2019 $4,033 $347,700 $286,900 $60,800
2018 $3,929 $347,700 $286,900 $60,800
2017 $3,859 $347,700 $286,900 $60,800
2016 $3,685 $344,400 $286,900 $57,500
2015 $3,343 $312,400 $254,900 $57,500
2014 $3,302 $314,500 $254,900 $59,600
Source: Public Records

Agents Affiliated with this Home

  • Elvia Gignoux

    Seller's Agent in 2016

    Elvia Gignoux

    William Pitt

    (860) 435-0345

    74 Total Sales

    Elvia Gignoux
    Section Image
  • Patricia Best

    Buyer's Agent in 2016

    Patricia Best

    William Pitt

    (860) 307-0591

    38 Total Sales

    Patricia Best
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: L10121485

SmartMLS

APN: SALI-000068-000010

Connecticut Litchfield County Salisbury 06068

99 Preston Ln, Salisbury, CT

Homes for Sale in Salisbury, CT

This home is located at 99 Preston Ln, Salisbury, CT 06068 since 01 April 2016 and is currently estimated at $765,871, approximately $491 per square foot. This property was built in 1900. 99 Preston Ln is a home located in Litchfield County with nearby schools including Housatonic Valley Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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