115 Island Ave Madison, CT 06443
Estimated Value: $1,590,000 - $1,699,399
5
Beds
3.5
Baths
2,909
Sq Ft
$563/Sq Ft
Est. Value
Highlights
- Sub-Zero Refrigerator
- Colonial Architecture
- No HOA
- Walter C. Polson Upper Middle School Rated A
- 1 Fireplace
- Walking Distance to Water
About This Home
As of March 2016Located directly across from the Madison Beach Club and within walking distance of Town Green and multiple beaches. Great location for those who enjoy an active lifestyle. A magical environment. Start your day with a cup of coffee on your oversized covered porch with swing enjoying morning ocean breezes. Later, transport yourself to the English Lake District with a cocktail while walking through your topiary gardens. Perfect flexible floor plan for families of any size. Third floor Master Suite provides ample privacy for owners and guests.
Last Agent to Sell the Property
Compass Connecticut, LLC License #RES.0769152 Listed on: 06/18/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,421
Year Built
- Built in 1920
Lot Details
- 5,998 Sq Ft Lot
- Level Lot
- Sprinkler System
- Garden
Home Design
- Colonial Architecture
- Shingle Siding
- Cedar Siding
Interior Spaces
- 2,909 Sq Ft Home
- Ceiling Fan
- 1 Fireplace
- Thermal Windows
- Concrete Flooring
- Unfinished Basement
- Partial Basement
Kitchen
- Oven or Range
- Gas Cooktop
- Sub-Zero Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire Suppression System
Parking
- 2 Car Detached Garage
- Automatic Garage Door Opener
- Shared Driveway
Outdoor Features
- Walking Distance to Water
- Patio
- Porch
Location
- Flood Zone Lot
Schools
- Island Avenue Elementary School
- Pboe Middle School
- Dr. Robert H. Brown Middle School
- Daniel Hand High School
Utilities
- Central Air
- Hydro-Air Heating System
- Heating System Uses Oil Above Ground
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2015
Closed on
Mar 8, 2016
Sold by
Defillippo Fred T
Bought by
Mayhew Jonathan E and Mayhew Robin T
Seller's Agent
John Campbell
Compass Connecticut, LLC
Buyer's Agent
Cathy Lynch
Coldwell Banker Realty
List Price
$949,000
Sold Price
$875,000
Premium/Discount to List
-$74,000
-7.8%
Total Days on Market
123
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,600
Avg. Annual Appreciation
7.07%
Original Mortgage
$625,000
Outstanding Balance
$503,920
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,141,052
Purchase Details
Closed on
Jan 26, 1999
Sold by
Pagliaro Michael A
Bought by
Swiggett Jeffrey N and Swiggett Ellen H
Purchase Details
Closed on
Nov 26, 1997
Sold by
Otwell William E and Otwell Rebecca J
Bought by
Pagliaro Michael J
Purchase Details
Closed on
Oct 5, 1993
Sold by
Jacques Missir Inc
Bought by
Otwell William E
Similar Homes in Madison, CT
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mayhew Jonathan E | $875,000 | -- | |
| Swiggett Jeffrey N | $362,500 | -- | |
| Pagliaro Michael J | $315,000 | -- | |
| Otwell William E | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mayhew Robin T | $400,000 | |
| Open | Otwell William E | $625,000 | |
| Previous Owner | Otwell William E | $380,000 | |
| Previous Owner | Otwell William E | $178,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2016 03/07/16 | Sold | $875,000 | -7.8% | $301 / Sq Ft |
| 10/19/2015 10/19/15 | Pending | -- | -- | -- |
| 06/18/2015 06/18/15 | For Sale | $949,000 | -- | $326 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $22,836 | $1,038,000 | $700,300 | $337,700 |
| 2023 | $17,958 | $599,200 | $404,000 | $195,200 |
| 2022 | $17,622 | $599,200 | $404,000 | $195,200 |
| 2021 | $17,287 | $599,200 | $404,000 | $195,200 |
| 2020 | $5,730 | $599,200 | $404,000 | $195,200 |
| 2019 | $16,987 | $599,200 | $404,000 | $195,200 |
| 2018 | $5,622 | $676,300 | $497,000 | $179,300 |
| 2017 | $6,760 | $676,300 | $497,000 | $179,300 |
| 2016 | $17,915 | $676,300 | $497,000 | $179,300 |
| 2015 | $19,691 | $764,400 | $585,100 | $179,300 |
| 2014 | $15,887 | $631,200 | $407,800 | $223,400 |
Source: Public Records
Agents Affiliated with this Home
-
John Campbell
Seller's Agent in 2016
John Campbell
Compass Connecticut, LLC
(203) 415-5439
28 in this area
83 Total Sales
-
Cathy Lynch
Buyer's Agent in 2016
Cathy Lynch
Coldwell Banker Realty
(203) 627-2331
138 in this area
206 Total Sales
Map
Source: SmartMLS
MLS Number: N10056492
APN: MADI-000016-000000-000019
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