NOT LISTED FOR SALE

103 Colonial Rd Madison, CT 06443

Estimated Value: $821,277 - $986,000

5 Beds
2.5 Baths
3,562 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $465,000 $131 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,485/month

70 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Walter C. Polson Upper Middle School Rated A
  • Partially Wooded Lot
  • 2 Fireplaces

About This Home

As of August 2018

High-quality contemporary home situated on a level 1.1 acre lot adjacent to the Cockaponset State Forest. Pride of ownership is evident inside and out. The formal entry showcases the living room with its fireplace, and cathedral ceiling and the custom crafted curved staircase. The southerly side of the home has many grand windows which soak in the natural sunlight and outdoor vistas. The kitchen and family room offer a very desirable open floor plan plus great views of the back yard. There is a secondary side entrance to the home which leads to the detached garage via a garden-lined, arbor-covered pathway. The first floor also offers an additional room with its own entrance which is well suited as a home office, den, art studio or guest room. The second floor has a master suite plus 4 additional bedrooms. The home has central air conditioning and a newer Buderus heating system. The finished basement provides approx. 300 additional square feet of living area. This property is truly a great place to enjoy the year-round beauty of nature.

Last Agent to Sell the Property

Cathy Lynch

Coldwell Banker Realty License #RES.0760078 Listed on: 05/01/2018

Coldwell Banker Realty

Last Buyer's Agent

Tony Nuzzo

William Pitt Sotheby's Int'l License #RES.0503700

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,632

Year Built

  • Built in 1975

Lot Details

  • 1.1 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RU-1

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Radon Mitigation System

Interior Spaces

  • 2 Fireplaces
  • Finished Basement
  • Heated Basement
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Detached Garage
  • Parking Deck

Outdoor Features

  • Deck
  • Shed
  • Rain Gutters

Schools

  • Jm Jeffrey Elementary School
  • Daniel Hand High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,632

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial, Contemporary
  • Sq Ft Est Heated Above Grade: 3240
  • Public Record Living Room Sq Ft: 3240
  • Sq Ft Est Heated Below Grade: 322
  • Total Sq Ft: 3562
  • Year Built: 1975
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5741
  • Directions: Route 79 to Overbrook Road then left onto Colonial Road. House is on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Fully Finished, Heated
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Gas Cooktop, Wall Oven, Refrigerator, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Garden Area, Gutters, Shed
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 1.1000
  • Lot Description: Level Lot, Lightly Wooded, Fence - Partial, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU-1

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 9632
  • Mil Rate Base: 27.300
  • Assessor Parcel Number: 1159263

MLS Schools

  • Elementary School: JM Jeffrey
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Aug 28, 2018
Sold by
Iverson Cynde
Bought by
Gitterman Marla and Sherman Dan
Seller's Agent
Cathy Lynch
Coldwell Banker Realty
Buyer's Agent
Tony Nuzzo
William Pitt Sotheby's Int'l
List Price
$539,900
Sold Price
$465,000
Premium/Discount to List
-$74,900
-13.87%
Current Estimated Value
$890,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,819
Avg. Annual Appreciation
9.20%
Original Mortgage
$365,000
Outstanding Balance
$317,646
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$573,173

Purchase Details

Closed on
Nov 1, 1993
Sold by
Moore Gail F
Bought by
Sacco Peter J and Iverson Cynde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.86%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gitterman Marla $465,000 --
Sacco Peter J $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gitterman Marla $365,000
Previous Owner Sacco Peter J $260,000
Previous Owner Sacco Peter J $191,753
Previous Owner Sacco Peter J $209,450
Previous Owner Sacco Peter J $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2018 08/27/18 Sold $465,000 -7.0% $131 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
06/12/2018 06/12/18 Price Changed $500,000 -3.8% $140 / Sq Ft
05/30/2018 05/30/18 Price Changed $519,900 -3.7% $146 / Sq Ft
05/01/2018 05/01/18 For Sale $539,900 -- $152 / 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
2025 $10,475 $467,000 $134,400 $332,600
2024 $10,274 $467,000 $134,400 $332,600
2023 $9,737 $324,900 $103,400 $221,500
2022 $9,555 $324,900 $103,400 $221,500
2021 $9,373 $324,900 $103,400 $221,500
2020 $9,211 $324,900 $103,400 $221,500
2019 $9,211 $324,900 $103,400 $221,500
2018 $9,632 $343,500 $95,100 $248,400
2017 $9,378 $343,500 $95,100 $248,400
2016 $9,099 $343,500 $95,100 $248,400
2015 $8,849 $343,500 $95,100 $248,400
2014 $11,540 $458,500 $135,900 $322,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170077079

SmartMLS

APN: MADI-000102-000000-000014