NOT LISTED FOR SALE

17 Lantern Hill Rd Madison, CT 06443

Estimated Value: $3,001,000 - $3,786,000

0.98 Acre
$3,488,393 Price per Acre
42,689 Sq Ft Lot

Last Sold August 19, 2020

Last sale price $455,000

Est. 651% increase in value since last sale

Current estimated payment $21,740/month

7 Days on Market

Highlights

  • Walking Distance to Water
  • Walter C. Polson Upper Middle School Rated A
  • Property is near golf course and shops

About This Lot

As of August 2020

Home site located in neighborhood of fine homes. Bring your own builder and enjoy all Madison has to offer. Walking distance to beaches, golf course and town village.

Last Agent to Sell the Property

Brenda Davenport

Pearce Real Estate License #RES.0776852 Listed on: 06/28/2020

Pearce Real Estate

Last Buyer's Agent

Diane Dupont

William Pitt Sotheby's Int'l License #REB.0757757

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,533

Lot Details

  • 0.98

HOA Fees

  • $83 Monthly HOA Fees

Schools

  • Daniel Hand High School

Utilities

  • Well Required
  • Cable TV Available

Additional Features

  • 0.98 Acre Lot
  • Property is near golf course and shops

Community Details

Recreation

  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$8,533

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: From Route 1, turn onto Lantern Hill. Lot is on the left.
  • Special Features: None

Exterior Features

  • Waterfront Description: Walk to Water
  • Road Frontage Description: Municipal Street

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Cable Available, Underground Required
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA Fees: 1000
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.9800
  • Lot Description: In Subdivision
  • Lot Improvements: Approved Building Lot, Approved Subdivision
  • Lots Number Of: 1
  • Zoning: R-1

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 8533
  • Mil Rate Base: 28.350
  • Assessor Parcel Number: 2492306

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2023
Sold by
17 Lantern Hill Rd Llc
Bought by
Charles Foster P and Charles Kristina R
Current Estimated Value
$3,418,625

Purchase Details

Listed on
Jun 28, 2020
Closed on
Aug 18, 2020
Sold by
Seashore Const Co
Bought by
Meco Alket
Seller's Agent
Brenda Davenport
Pearce Real Estate
Buyer's Agent
Diane Dupont
William Pitt Sotheby's Int'l
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Charles Foster P $2,950,000 None Available
17 Lantern Hill Rd Llc -- None Available
Meco Alket $455,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2020 08/19/20 Sold $455,000 -4.2% --
07/05/2020 07/05/20 Pending -- -- --
06/28/2020 06/28/20 For Sale $475,000 -- --
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 $45,571 $2,031,700 $379,500 $1,652,200
2024 $44,326 $2,014,800 $379,500 $1,635,300
2023 $22,094 $737,200 $301,000 $436,200
2022 $8,852 $301,000 $301,000 $0
2021 $8,684 $301,000 $301,000 $0
2020 $8,533 $301,000 $301,000 $0
2019 $8,533 $301,000 $301,000 $0
2018 $4,966 $177,100 $177,100 $0
2017 $4,835 $177,100 $177,100 $0
2016 $4,691 $177,100 $177,100 $0
2015 $4,562 $177,100 $177,100 $0
2014 $11,472 $455,800 $455,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170311393

SmartMLS

APN: MADI-000037-000000-000068