NOT LISTED FOR SALE

119 Beach Ave Madison, CT 06443

Estimated Value: $2,650,000 - $3,097,957

3 Beds
3 Baths
2,276 Sq Ft
$1,244/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $2,650,000 $1,164 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $17,731/month

24 Days on Market

Highlights

  • Beach Front
  • Colonial Architecture
  • 2 Fireplaces
  • Walter C. Polson Upper Middle School Rated A
  • Attic
  • No HOA

About This Home

As of December 2022

Once owned by an artist and an architect, this is unlike any waterfront property you have seen. A classic summer house with generations of stories to tell yet made comfortably year-round. Mahoghany trimmed throughout, this 1924 gem offers a stunning new cook’s kitchen and central air. Light pours in with a clerestory effect making this an ideal gallery for artwork. A third level “crows nest” loft floats above with a sweeping panorama of the long private sandy cove heading west to the sunset. The more than 1200 sf of covered wrap around porch is incredible for entertaining or just napping to the sound of the lapping Sound. Your own sandy private beach, a spot to moor your boat and a quiet not-through private street. Four bedrooms, office/studio. Flexible very open floor plan.

Last Agent to Sell the Property

Margaret Muir

William Pitt Sotheby's Int'l License #RES.0485255 Listed on: 08/19/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Margaret Muir

William Pitt Sotheby's Int'l License #RES.0485255 Listed on: 08/19/2022

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,325

Year Built

  • Built in 1924

Lot Details

  • 0.34 Acre Lot
  • Beach Front
  • Home fronts a sound
  • Level Lot
  • Sprinkler System
  • Property is zoned R-4

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Shingle Roof
  • Shingle Siding
  • Cedar Siding
  • Piling Construction

Interior Spaces

  • 2,276 Sq Ft Home
  • 2 Fireplaces
  • Entrance Foyer
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

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

Attic

  • Storage In Attic
  • Partially Finished Attic

Parking

  • 2 Car Attached Garage
  • Private Driveway

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Electric Water Heater

Additional Features

  • Porch
  • Property is near shops

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,325

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2276
  • Public Record Living Room Sq Ft: 2276
  • Total Sq Ft: 2276
  • Year Built: 1924
  • Nearby Amenities: Library, Medical Facilities, Shopping/Mall
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5952
  • Directions: Route 1 to Neck Road to Beach Avenue, follow to water, #119 on water side
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Partially Finished, Storage Space
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch, Underground Sprinkler
  • Exterior Siding: Shingle, Cedar
  • Foundation Type: Piling
  • Roof Information: Wood Shingle
  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Beach, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.3400
  • Lot Description: Level Lot
  • Zoning: R-4

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 24325
  • Mil Rate Base: 29.410
  • Assessor Parcel Number: 1153802

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
Aug 19, 2022
Closed on
Dec 9, 2022
Sold by
Spiegel William S and Slater Audrey
Bought by
Kola Ismail and Kola Rihanna
Seller's Agent
Margaret Muir
William Pitt Sotheby's Int'l
Buyer's Agent
Margaret Muir
William Pitt Sotheby's Int'l
List Price
$2,650,000
Sold Price
$2,650,000
Views
141
Current Estimated Value
$2,831,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,986
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
Jul 26, 2019
Sold by
Spiegel William
Bought by
Slater Auorey and Spiegel Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,900
Interest Rate
3.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 23, 2019
Sold by
Sally P Spiegel Ret
Bought by
Spiegel William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,900
Interest Rate
3.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kola Ismail $2,650,000 None Available
Slater Auorey -- --
Spiegel William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slater Auorey $760,900
Previous Owner Spiegel William $760,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $2,650,000 0.0% $1,164 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $2,650,000 -- $1,164 / 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 $35,247 $1,571,400 $898,100 $673,300
2024 $34,571 $1,571,400 $898,100 $673,300
2023 $24,788 $827,100 $638,800 $188,300
2022 $24,325 $827,100 $638,800 $188,300
2021 $23,862 $827,100 $638,800 $188,300
2020 $23,448 $827,100 $638,800 $188,300
2019 $23,448 $827,100 $638,800 $188,300
2018 $21,420 $763,900 $572,700 $191,200
2017 $20,854 $763,900 $572,700 $191,200
2016 $20,236 $763,900 $572,700 $191,200
2015 $19,678 $763,900 $572,700 $191,200
2014 $38,890 $1,545,100 $1,330,400 $214,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170509098

SmartMLS

APN: MADI-000013-000000-000066