NOT LISTED FOR SALE

16 Downing Way Madison, CT 06443

Estimated Value: $546,527 - $606,000

2 Beds
2 Baths
1,476 Sq Ft
$415/mo HOA Fee

Last Sold February 14, 2020

Last sale price $315,000 $213 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,159/month

87 Days on Market

Highlights

  • Beach Front
  • Open Floorplan
  • Attic
  • Walter C. Polson Upper Middle School Rated A
  • Ranch Style House
  • End Unit

About This Home

As of February 2020

Sunny Free Standing Large Condo (1476 SF) with 2 Bedrooms,2 Full baths Family Room with Fireplace with Gas Insert and Built ins, and a lovely heated Sun Room with Private Patio. Natural Gas Heat w/Central Air, City Water and Hardwood Floors. Located in a Picturesque complex on the Hammonasset River with Kayaking available, this Condo is convenient to Long Island Sound, Beaches, Hiking, Hammonasset State Park, Restaurants and Madison Town Center .

Last Agent to Sell the Property

Jennifer Trautman Turton

William Pitt Sotheby's Int'l License #REB.0408160 Listed on: 10/01/2019

William Pitt Sotheby's Int'l

Last Buyer's Agent

John Vigliotti

Total Realty Services LLC License #RES.0701688

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,211

Year Built

  • Built in 1979

Lot Details

  • Beach Front
  • River Front
  • End Unit
  • Cul-De-Sac
  • Many Trees
  • Garden

HOA Fees

  • $415 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • Open Floorplan
  • Self Contained Fireplace Unit Or Insert
  • Entrance Foyer
  • Heated Enclosed Porch
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Visitor Parking

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Rain Gutters

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, pest control, road maintenance, insurance
  • 180 Units
  • Windermere Community
  • Property managed by Summit PropMgmt & Caprio

Amenities

  • Community Garden

Pet Policy

  • Pets Allowed

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,211

Year Built

Built in 1979

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1476
  • Public Record Living Room Sq Ft: 1476
  • Total Sq Ft: 1476
  • Year Built: 1979
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Private School(s), Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Association Amenities: Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3316
  • Directions: I-95,X61 & 62, South to Boston Post Road (Route One) to Cottage Road opposite Salt Meadow Park to Curry Cross. 2nd Left Aylesbury Circle., 1st left Downing Way to 16 Downing wWy.
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Foyer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Garden Area, Gutters, Patio, Porch-Enclosed, Porch-Heated, Sidewalk
  • Exterior Siding: Aluminum
  • Waterfront Description: River, Beach, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, On Street Parking
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Road Maintenance, Insurance
  • Complex Name: Windermere
  • Levels In Unit: 1
  • HOA Fees: 415
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Unit Owners Association
  • Property Manager Email: vic@summitpmllc.com
  • Property Manager Name: Victor Caprio
  • Property Manager Phone: 203-800-5020
  • Property Mgt Company Name: Summit PropMgmt & Caprio
  • Property Mgt Phone: 203-800-5020

Schools

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

Green Features

  • Energy Features: Fireplace Insert, Storm Doors, Storm Windows

Lot Info

  • Lot Description: On Cul-De-Sac, Level Lot, Treed
  • Flood Zone: No
  • Zoning: R-2

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 6211
  • Total Assessed Value: 219100
  • Mil Rate Base: 28.350
  • Mil Rate Total: 28.350
  • Assessor Parcel Number: 1155474

Multi Family

  • Total Num Of Units: 180

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 1998
Sold by
Chastain John A and Chastain Marilyn W
Bought by
Mcdonnell Raymond K and Mcdonnell Mary Ann
Current Estimated Value
$583,132
Source: Public Records

Range of Values:

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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
Mcdonnell Raymond K $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonnell Raymond K $150,000
Closed Mcdonnell Raymond K $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $315,000 -3.1% $213 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $325,000 -- $220 / 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 $7,819 $348,600 $0 $348,600
2024 $7,669 $348,600 $0 $348,600
2023 $7,088 $236,500 $0 $236,500
2022 $6,955 $236,500 $0 $236,500
2021 $6,321 $219,100 $0 $219,100
2020 $6,211 $219,100 $0 $219,100
2019 $6,211 $219,100 $0 $219,100
2018 $5,992 $213,700 $0 $213,700
2017 $5,834 $213,700 $0 $213,700
2016 $5,661 $213,700 $0 $213,700
2015 $5,505 $213,700 $0 $213,700
2014 $6,479 $257,400 $0 $257,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170239550

SmartMLS

APN: MADI-000032-000000-000001-000016D