1 Downing Way Unit 1 Madison, CT 06443
Estimated payment $4,520/month
Highlights
- Waterfront
- Property is near public transit
- Attic
- Walter C. Polson Upper Middle School Rated A
- Ranch Style House
- 1 Fireplace
About This Home
Don't miss this pristine, freestanding 2-bedroom, 2-bath home offering desirable one-level living in one of Madison's most sought-after condominium communities. This home is perfectly positioned to capture serene views of the everchanging Hammonasset River Estuary. Inside, the light-filled kitchen/living/dining area is ideal for everyday living and entertaining. A spacious family room with a cozy wood-burning fireplace provides another comfortable place to rest, while the inviting 3-season porch lets you relax and enjoy the natural surroundings throughout much of the year. The primary bedroom is generously-sized, has a full bathroom and offers more estuary views. The second full bathroom holds a full-sized washer and dryer. The property includes a one-car detached garage with room for added storage. Located just minutes from downtown Madison, you'll enjoy quick access to shopping, restaurants, beaches, and all the shoreline has to offer. Move-in ready and exceptionally cared for, this charming home is a rare opportunity in a prime setting.
Listing Agent
Coldwell Banker Realty Brokerage Phone: (203) 927-8687 License #RES.0771655 Listed on: 12/09/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,575
Year Built
- Built in 1979
Lot Details
- Waterfront
- End Unit
HOA Fees
- $480 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Ranch Style House
- Frame Construction
- Aluminum Siding
Interior Spaces
- 1,476 Sq Ft Home
- 1 Fireplace
- Laundry on main level
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Attic
- Attic Floors
- Storage In Attic
- Pull Down Stairs to Attic
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near public transit
Schools
- Neck River Elementary School
- Daniel Hand High School
Utilities
- Central Air
- Floor Furnace
- Heating System Uses Natural Gas
- Underground Utilities
Listing and Financial Details
- Assessor Parcel Number 1155387
Community Details
Overview
- Association fees include grounds maintenance, trash pickup, snow removal, property management, road maintenance, insurance
- 86 Units
- Property managed by Summit Management
Amenities
- Public Transportation
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,575 | $337,700 | $0 | $337,700 |
| 2024 | $7,429 | $337,700 | $0 | $337,700 |
| 2023 | $6,872 | $229,300 | $0 | $229,300 |
| 2022 | $6,744 | $229,300 | $0 | $229,300 |
| 2021 | $6,615 | $229,300 | $0 | $229,300 |
| 2020 | $6,501 | $229,300 | $0 | $229,300 |
| 2019 | $6,501 | $229,300 | $0 | $229,300 |
| 2018 | $5,992 | $213,700 | $0 | $213,700 |
| 2017 | $5,834 | $213,700 | $0 | $213,700 |
| 2016 | $5,661 | $213,700 | $0 | $213,700 |
| 2015 | $5,505 | $213,700 | $0 | $213,700 |
| 2014 | $6,874 | $273,100 | $0 | $273,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/15/2013 02/15/13 | Rented | $2,000 | -11.1% | -- |
| 01/30/2013 01/30/13 | Under Contract | -- | -- | -- |
| 12/05/2012 12/05/12 | For Rent | $2,250 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $246,000 | -- |
Source: SmartMLS
MLS Number: 24144030
APN: MADI-000032-000000-000001-000001D
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