Off Market Oct 2020 for $325K

$554,849

Est. refi paymentEst. refi $2,417/mo

•

2,244

sq ft

40 Morgan Rd, Salem, CT 06420

About this home

You can't beat the location of this 5 bedroom 2 1/2 bath Colonial. This home is within walking distance to the Salem School and set on nearly 5 acres. When you walk into the foyer there is a den on your left and a dining room on your right, at the end of the hall there is a half bath with a laundry room and 1st floor bedroom. There's a eat-in kitchen with slider that leads to the large deck overlooking private backyard that's filled with wildlife. Hardwood floors in kitchen, living room and hall have much life left but need to be refinished. There is a beautiful fireplace in the living room which can be viewed from the kitchen. 4 beds and 2 full baths upstairs with possibility for expansion over the garage in the future. A new 1100 foot well was put in a few years back. Full walk out basement and curtain drain surround the perimeter to round out this home.

Single-familyProperty Type

1983Year Built

4.98 acresLot Size

$247Est. Price/Sq.Ft.

2 car garageParking

Listed by Amanda Gaudette • Berkshire Hathaway NE Prop.

Bought with Scott Pellerin • Coldwell Banker Realty

Source:Smart MLS #170324936

Redfin Estimate

$554,849

$230K since sold in October 2020$5,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.9% lower than the average sale price ($577K) of 6 comparable homes.

SOLD JUL 7, 2026
$586,000
A
4 beds2.5 baths2,079 sq ft
129 Sullivan Rd, Salem, CT 06420
SOLD BY REDFIN MAY 14, 2026
$600,000
B
3 beds2.5 baths2,408 sq ft
319 Laurelwood Dr, Salem, CT 06420
SOLD JUL 29, 2026
$460,000
C
3 beds2.5 baths2,522 sq ft
51 Norwich Rd, Salem, CT 06420
SOLD JUN 1, 2026
$504,000
D
3 beds2.5 baths1,924 sq ft
393 Forsyth Rd, Salem, CT 06420
SOLD JUL 13, 2026
$564,900
E
4 beds2.5 baths2,560 sq ft
624 Hartford Rd, Salem, CT 06420
SOLD JUL 31, 2026
$750,000
F
4 beds3 baths2,349 sq ft
82 Valley Dr, Salem, CT 06420

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Earn from this home

Sell

$290,916

Est. take-home

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Refinance

Est. cash available

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Rent

$3,009/mo

Redfin rental estimate

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Market trends in 06420, CT

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.5%

+0.7% MoM

Median sale price

$600K

$77K MoM

Avg. days on market

41d

4 days MoM

Recently sold homes

9 MoM

New listings for sale

NEW 19 HRS AGO
$150,000
2 beds1 bath840 sq ft
105 Horse Pond Rd Unit C, Salem, CT 06420
$299,000
2 beds1 bath775 sq ft
146 Witch Meadow Rd, Salem, CT 06420
$649,900
3 beds2.5 baths2,556 sq ft
271 Forsyth Rd, Salem, CT 06420
See all

Provided by Redfin

Sale history for 40 Morgan Rd

Year

Property tax

Land + Additions

Assessment*

2022

$6,751 (−3.2%)

$52,700 + $181,700

$234,400

2021

$6,975

$50,700 + $165,900

$216,600

2020

$6,975

$50,700 + $165,900

$216,600

2019

$6,975

$50,700 + $165,900

$216,600

2018

$6,975

$50,700 + $165,900

$216,600

2017

$6,975 (−1.9%)

$50,700 + $165,900

$216,600

2016

$7,110 (+1.9%)

$55,100 + $169,200

$224,300

2014

$6,976 (+3.3%)

$55,100 + $169,200

$224,300

2012

$6,751

$55,100 + $169,200

$224,300

Tax history for 40 Morgan Rd

Year

Property tax

Land + Additions

Assessment*

2022

$6,751 (−3.2%)

$52,700 + $181,700

$234,400

2021

$6,975

$50,700 + $165,900

$216,600

2020

$6,975

$50,700 + $165,900

$216,600

2019

$6,975

$50,700 + $165,900

$216,600

2018

$6,975

$50,700 + $165,900

$216,600

2017

$6,975 (−1.9%)

$50,700 + $165,900

$216,600

2016

$7,110 (+1.9%)

$55,100 + $169,200

$224,300

2014

$6,976 (+3.3%)

$55,100 + $169,200

$224,300

2012

$6,751

$55,100 + $169,200

$224,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

4.98 Acres

Year renovated

—

Sq. Ft.

2,244

Year built

1983

Style

Single Family Residential

County

New London County

APN

1563800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2023.

Property details

Parking

Garage Information
Garage & Parking: Attached Garage
Garages Number: 2

Interior

Virtual Tour Information
Has Virtual Tour

Interior Information
Total Rooms: 9
Laundry Room Location: in 1st floor half bath
Laundry Room Info: Main Level
Fireplaces Total: 1
Cooling System: Window Unit
Appliances Included: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer

Bathroom Information
# of Baths (Full): 2
# of Baths (Half): 1

Bedroom Information
Beds Total: 5

Room Information
Room Count: 9
Basement Description: Full With Walk-Out
Has Attic
Attic Description: Access Via Hatch

Exterior

Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Vinyl Siding
Exterior Features: Deck, Gutters

Lot Information
Lot Description: Open Lot

Building Information
Foundation Type: Concrete
Construction Description: Frame
Color: Grey

Property Information
Property Type: Single Family For Sale
Living Area SQFT Per Public Record: 2244
Driveway Type: Paved

Financial

Assessments Information
Assessed Value: $216,600

Utilities

Utility Information
Water Source: Private Well
Sewage System: Septic
Hot Water Description: Electric
Heat Type: Baseboard
Heat Fuel Type: Oil
Fuel Tank Location: In Basement
Energy Features: Generator Ready

Location

School Information
Middle Jr High School: Salem
High School: East Lyme
Elementary School: Salem

Location Information
State: Connecticut
Directions: Rt. 85 to Morgan Rd.
County: New London

Public facts

Beds: 5
Baths: 2.5
Sq. Ft.: 2,244
Stories: 2.0
Lot Size: 4.98 acres
Style: Single Family Residential
Year Built: 1983
Year Renovated: —
County: New London County
APN: 1563800

Home facts updated by county records on Jul 13, 2023

Other

Documents & Disclosures
Supplement Count Public: 2

Around this home

Schools

Salem Elementary School

Public PreK-8 • Assigned • 0.2mi

6/10

East Lyme High School

Public 9-12 • Assigned • 8.9mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 96° expected this year, 16 days in 30 years

6/10 Wind Factor

62% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Salem, CT • 06420

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$528,000 – $639,000

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New listings for sale in 06420

NEW 19 HRS AGO

$150,000

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105 Horse Pond Rd Unit C, Salem, CT 06420

$299,000

2 beds1 bath775 sq ft

146 Witch Meadow Rd, Salem, CT 06420

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3 beds2.5 baths2,556 sq ft

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Home values near 40 Morgan Rd

Data from public records.

Address	Redfin Estimate
1 Morgan Rd, Salem, CT 4 Beds \| 1.5 Baths \| 2234 Sq. Ft.	$402,017
50 Morgan Rd, Salem, CT 5 Beds \| 3.5 Baths \| 2340 Sq. Ft.	$572,571

Address	Redfin Estimate
2 Morgan Rd, Salem, CT 3 Beds \| 2 Baths \| 1151 Sq. Ft.	$434,860
20 Morgan Rd, Salem, CT 2 Beds \| 1.5 Baths \| 1092 Sq. Ft.	$283,613

Address	Redfin Estimate
100 Morgan Rd, Salem, CT 5 Beds \| 3.5 Baths \| 3307 Sq. Ft.	$721,567
60 Morgan Rd, Salem, CT 3 Beds \| 2.5 Baths \| 2688 Sq. Ft.	$627,631

Property information provided by Smart MLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 06420, CT

Sale history for 40 Morgan Rd

Tax history for 40 Morgan Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 06420

Home values near 40 Morgan Rd

More real estate resources