NOT LISTED FOR SALE

16 Cherry Ln Madison, CT 06443

Estimated Value: $1,191,000 - $1,303,360

4 Beds
2.5 Baths
2,040 Sq Ft
$605/Sq Ft Est. Value

Last Sold August 02, 2013

Last sale price $642,000 $315 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,135/month

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Baseboard Heating
  • Walter C. Polson Upper Middle School Rated A
  • Central Air

About This Home

As of November 2014

Available 11/1 thru 4/30. Excellent location! Walk to town, beaches, light & bright, furnished home, beautiful views of golf course, level yard. Owner agent.

Last Agent to Rent the Property

Brenda Garzi

William Raveis Real Estate License #RES.0775312 Listed on: 09/22/2014

William Raveis Real Estate

Last Renter's Agent

Dana Garitta

William Pitt Sotheby's Int'l License #RES.0794081

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,444

Year Built

  • Built in 1967

Lot Details

  • 0.3

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,040 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Boe Elementary School
  • Boe High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Propane
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,444

Year Built

Built in 1967

Lot Details

0

Rental Info

  • Landlord Requirements: Lease Required
  • Pets Allowed: No
  • Rental Duration: Academic Year Unfurnished

Listing Details

  • Property Type: Residential Rental
  • Style: Colonial
  • Total Sq Ft: 2040
  • Year Built: 1967
  • Property Sub Type: Single Family Rental
  • Directions: Madison town center, rte 1w, left on cherry
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full With Hatchway, Unfinished
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 16

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Propane
  • Hot Water Description: Electric
  • Water Source: Public Water In Street
  • Sewer: Septic

Schools

  • Elementary School: Boe
  • High School: Boe

Tax Info

  • Assessor Parcel Number: 1154730

MLS Schools

  • Elementary School: Boe
  • High School: Boe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2012
Closed on
Aug 2, 2013
Sold by
Guidi James
Bought by
Garzi Joseph M and Garzi Brenda J
Seller's Agent
Farmer & Winsch Team
William Raveis Real Estate
Buyer's Agent
Brenda Garzi
William Raveis Real Estate
List Price
$739,900
Sold Price
$642,000
Premium/Discount to List
-$97,900
-13.23%
Current Estimated Value
$1,220,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,204
Avg. Annual Appreciation
5.19%
Original Mortgage
$500,000
Outstanding Balance
$367,535
Interest Rate
3.95%
Estimated Equity
$812,851
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garzi Joseph M $650,000 --
Guidi James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Guidi James $133,500
Open Guidi James $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2014 11/02/14 Rented $2,400 -4.0% --
11/01/2014 11/01/14 Under Contract -- -- --
09/22/2014 09/22/14 For Rent $2,500 0.0% --
11/25/2013 11/25/13 Rented $2,500 -3.8% --
11/25/2013 11/25/13 Under Contract -- -- --
10/23/2013 10/23/13 For Rent $2,600 0.0% --
08/02/2013 08/02/13 Sold $642,000 -13.2% $315 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
06/10/2012 06/10/12 For Sale $739,900 -- $363 / 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 $17,444 $777,700 $538,000 $239,700
2024 $17,109 $777,700 $538,000 $239,700
2023 $14,293 $476,900 $310,600 $166,300
2022 $14,026 $476,900 $310,600 $166,300
2021 $13,484 $467,400 $310,600 $156,800
2020 $5,035 $467,500 $310,600 $156,900
2019 $13,254 $467,500 $310,600 $156,900
2018 $13,126 $468,100 $324,000 $144,100
2017 $5,390 $454,600 $324,000 $130,600
2016 $12,042 $454,600 $324,000 $130,600
2015 $11,710 $454,600 $324,000 $130,600
2014 $11,790 $468,400 $331,200 $137,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: W1078682

SmartMLS

APN: MADI-000026-000000-000059