2 months on rocket

114 Way Rd, Salem, CT, 06420

$199,500

Home List Price

$2,369*

Closing Credit

3 Bedrooms
1 Full Bath
1,402 SqFt
$142/SqFt
House

Location

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114 Way Rd, Salem$199,500

Buyer Closing Credits

$2,369*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1968
HeatingBaseboard
CoolingCeiling Fan(s)
ViewTrees/Woods
MLS #24029989
Lot Size4.33 Acres
StatusActive

About 114 Way Rd

BEAUTIFUL PRIVATE 4+ ACRE LOT IN A SERENE SCENIC SETTING. IN ITS DAY THIS 1400 SQ FT SOPHISTICATED CONTEMPORARY WAS VERY CHIC. PRESENTLY HOME IS IN NEED OF MAJOR REPAIR. THIS PROPERTY HAS MANY POSSIBILITIES BUT WILL TAKE THE RIGHT INVESTOR OR CONTRACTOR TO RESTORE THE HOME TO WHAT IT ONCE WAS...WORTH THE EFFORT FOR SOMEONE WILLING TO TAKE ON A MAJOR PROJECT!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1968
  • Living Area: 1,402 SqFt

Listing Office:

  • Office Name: William Raveis Real Estate
  • Office Phone: (860) 886-1386
  • Listing Agent: BJ Lee

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Interior: Open Floor Plan

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods
  • Exterior: Shed, Deck, Gutters, Lighting

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Trees, Level
  • Lot Size: 4.33 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Salem Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: ROUTE 163 TO LAKE ROAD TO WAY RD

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,500
  • Price Per SqFt: $142/SqFt

Tax Information:

  • Annual Amount: $3,954
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, CT.

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Salem, CT

City

Med. Sold Price

$409.5K

Med. Price/SqFt

$194

# of Sold Homes

5

114 Way Rd vs Salem

66 DAYS ON ROCKET

$199,500

-$210K Less

$142/SqFt

-$53 Less

KEY TAKEAWAY

This property is $210K less than the Median Sold Price and $53/SqFt less than other homes in Salem, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24029989

Listing Office:

  • Office Name: William Raveis Real Estate
  • Office Phone: (860) 886-1386
  • Listing Agent: BJ Lee

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,954$122,800
2020$3,954$122,800
2019$3,954$122,800
2018$3,954$122,800
2017$3,954$122,800

History based on county public records data.

Payment Calculator

$1,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$665

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1093210
6
/10

  • Salem Elementary School

  • 200 Hartford Rd

  • 3.90 miles

  • Public District Grades PK-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,986. Most Salem, CT residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 114 Way Rd

What is the listing price of this property?

The listing price of 114 Way Rd property is $199,500.

What type of property is this?

The property 114 Way Rd is a house located in Salem, Connecticut, 06420.

Is this property for sale now?

Active Listing: 114 Way Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 114 Way Rd are:
Salem Elementary School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,954 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 114 Way Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 114 Way Rd is 1,402 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 114 Way Rd is 1968.

Rocket Homes›Connecticut›New London County›Salem›06420›114 Way Rd

This home is located at 114 Way Rd in Salem, CT and zip code 06420. This 1,402 square foot home, which was built in 1968, sits on a 4.33 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $199,500.

While more than 3 listings in Salem, CT in August 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Salem, CT decreased by 15% between July 2024 and August 2024.

From Rocket Homes Real Estate and based on county public records data.

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