NOT LISTED FOR SALE

107 E Wharf Rd Madison, CT 06443

Estimated Value: $1,601,000 - $1,854,619

5 Beds
2.5 Baths
3,170 Sq Ft
$553/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $1,385,000 $437 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,999/month

105 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • No HOA
  • Walter C. Polson Upper Middle School Rated A
  • 1 Fireplace
  • Sitting Room

About This Home

As of October 2021

Delightful c. 1930 3,170 sf  colonial with 5 bedrooms, 2 1/2 baths just two houses from East Wharf Beach in the heart of Middle Beach! Just a few blocks to the town center, convenient to everything, in an area of beautiful classic New England homes close to the center of historic Madison. Updated throughout with gorgeous white kitchen. A bright open second level family room with skylights and built ins offers water views. This gracious home works beautifully as a classic beach getaway property yet offers the distinction and style of a primary residence with five zone heating and comforts. French doors, and special custom details throughout. A roomy screened porch overlooks this unusually large and private rear yard. Supersized lot includes a second property access from Linden Lane and 2+ car garage. Plenty of parking on both sides of this property. Steps to sandy East Wharf Beach. An hour to Providence Int’l Airport and the same distance to the airport in Hartford. 20 minutes to New Haven.

Last Agent to Sell the Property

Margaret Muir

William Pitt Sotheby's Int'l License #RES.0485255 Listed on: 05/11/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Amy Kirst

William Pitt Sotheby's Int'l License #RES.0765110

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,780

Year Built

  • Built in 1930

Lot Details

  • 0.46 Acre Lot
  • Level Lot
  • Property is zoned R-5

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 3,170 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Sitting Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Walking Distance to Water
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,780

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3170
  • Public Record Living Room Sq Ft: 3170
  • Total Sq Ft: 3170
  • Year Built: 1930
  • Nearby Amenities: Library, Medical Facilities, Public Transportation, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5099
  • Directions: Route 1 to East Wharf Road to #107 on left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Crawl Space
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Sitting Room
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 107

Exterior Features

  • Exterior Features: Porch, Porch-Enclosed
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.4600
  • Lot Description: Level Lot, Fence - Partial
  • Zoning: R-5

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 17780
  • Total Assessed Value: 616300
  • Mil Rate Base: 28.350
  • Mil Rate Total: 28.850
  • Assessor Parcel Number: 1154131

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Oct 1, 2021
Sold by
Geringer Marcia
Bought by
Pennington Christopher L and Pennington Louise W
Seller's Agent
Margaret Muir
William Pitt Sotheby's Int'l
Buyer's Agent
Amy Kirst
William Pitt Sotheby's Int'l
List Price
$1,459,000
Sold Price
$1,385,000
Premium/Discount to List
-$74,000
-5.07%
Current Estimated Value
$1,753,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,540
Avg. Annual Appreciation
6.01%
Original Mortgage
$1,038,750
Outstanding Balance
$947,243
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$806,297

Purchase Details

Closed on
Aug 30, 1996
Sold by
Palmasano Richard A and Palmasano Margaret B
Bought by
Pickman E Steven and Pickman Marcia G

Purchase Details

Closed on
Sep 11, 1992
Sold by
Dugan John B and Dugan Susan H
Bought by
Palmasano Richard A and Palmasano Margaretb
Source: Public Records

Range of Values:

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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
Pennington Christopher L $1,385,000 None Available
Pickman E Steven $425,000 --
Palmasano Richard A $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Christopher L $1,038,750
Previous Owner Palmasano Richard A $150,000
Previous Owner Palmasano Richard A $150,000
Previous Owner Palmasano Richard A $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $1,385,000 -5.1% $437 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $1,459,000 0.0% $460 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $1,459,000 -- $460 / 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 $20,418 $910,300 $584,500 $325,800
2024 $20,027 $910,300 $584,500 $325,800
2023 $18,471 $616,300 $431,800 $184,500
2022 $18,125 $616,300 $431,800 $184,500
2021 $17,780 $616,300 $431,800 $184,500
2020 $17,472 $616,300 $431,800 $184,500
2019 $17,472 $616,300 $431,800 $184,500
2018 $16,611 $592,400 $403,700 $188,700
2017 $16,173 $592,400 $403,700 $188,700
2016 $15,693 $592,400 $403,700 $188,700
2015 $15,260 $592,400 $403,700 $188,700
2014 $17,627 $700,300 $504,000 $196,300
Source: Public Records

Agents Affiliated with this Home

  • Margaret Muir

    Seller's Agent in 2021

    Margaret Muir

    William Pitt

    (203) 415-9187

    102 in this area

    135 Total Sales

    Margaret Muir
    Section Image
  • Amy Kirst

    Buyer's Agent in 2021

    Amy Kirst

    William Pitt

    (203) 641-6000

    31 in this area

    79 Total Sales

    Amy Kirst
    Section Image
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Map

Source: SmartMLS

MLS Number: 170398377

SmartMLS

APN: MADI-000017-000000-000036

Connecticut New Haven County Madison 06443

107 E Wharf Rd, Madison, CT

This home is located at 107 E Wharf Rd, Madison, CT 06443 since 11 May 2021 and is currently estimated at $1,753,540, approximately $553 per square foot. This property was built in 1930. 107 E Wharf Rd is a home located in New Haven County with nearby schools including Walter C. Polson Upper Middle School, Daniel Hand High School, and Our Lady of Mercy Preparatory Academy.

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