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8 Chester Court

8 Chester Court, Salem, CT 06420
Property in Salem
Sold Jun 22, 2015
$375,000
$300,000 by Mb Financial Bk Na
Mortgage Due Jun 22, 2045
Sold Aug 16, 1993
$257,870
$202,300 by Advest Bank
Mortgage Due Aug 16, 2023
8 Chester Court in Salem, CT was first built in 1993 and is 31 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 8 Chester Court has 2,582 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,229 sqft and has been categorized as a full basement. In total, the area measurement of the land is 81,457 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8 Chester Court sold most recently in Jan 1, 1970 for a total of $375,000. If you work out the math, that's approximately a cost of $145.24 per sqft. Before that, the property was also sold for $257,870 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,782 in taxes each year. 8 Chester Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $270,200. If we break it down further, the land itself was valued at $49,700. Improvements to the property, however, were assessed at a total of $220,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Style: Contemporary
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,229
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 81,457
  • Total Building Area: 2,582
  • Gross Building Area: 6,285
  • Building Area: 2,582
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,582
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.87
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DONOGHUE SEAN C
  • Current Owner 2: DONOGHUE ANNEMARIE
  • Previous Owner : CRANSTON JAMES S
  • Owner Before Previous Owner: SALEM 87 ASSOC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 715100

Zoning

  • Zoning: RU-A

Geography

  • Account Number: 1597
  • Parcel: SALE M:24 B:040 L:000
  • Block: 40
  • Municipality: SALEM
  • Latitude: 41.4503
  • Longitude: -72.2429

    Address

  • Full Address: 8 Chester Ct
  • Address - House Number: 8
  • Address - Street Name: Chester
  • Address - Suffix Type: Ct
  • State: CT
  • City Name: Salem
  • Carrier Code: R003
  • 4-Digit Zip Code: 4117
  • Zip Code: 06420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,782

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 69
  • Final Value: 557,986
  • High Value: 682,541
  • Low Value: 433,432

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: MB FINANCIAL BK NA
  • First Open Lien Mortgage Recording Date: Jun 22, 2015
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 22, 2045
  • Second Open Lien Mortgage Lender: CHELSEA GROTON BANK
  • Second Open Lien Mortgage Recording Date: Apr 25, 2022
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: May 01, 2032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,200
  • Assessed Land Value: $49,700
  • Assessed Improvements Value: $220,500

    Sales

  • Current Sale Recording Date: Jun 22, 2015
  • Current Sale Transaction ID: 1221818045
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 16, 1993
  • Previous Sale Amount: $257,870
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MB FINANCIAL BK NA
  • First Mortgage Transaction Date: Jun 22, 2015
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 22, 2045

    Previous Mortgages

  • Previous Mortgage Lender: ADVEST BANK
  • Previous Mortgage Transaction Date: Aug 16, 1993
  • Previous Mortgage Loan Amount: $202,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 16, 2023

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Frequently Asked Questions

What neighborhood is 8 Chester Court located in?
The 8 Chester Court is a located in the neighborhood of Salem in New London, Salem.
What is the average sales price for listings in 8 Chester Court?
The average sales price for units in 8 Chester Court is $0 currently.

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