NOT LISTED FOR SALE

18 Oak Ave Madison, CT 06443

Estimated Value: $1,160,528 - $1,253,000

4 Beds
3 Baths
3,105 Sq Ft
$393/Sq Ft Est. Value

Last Sold May 12, 2020

Last sale price $750,000 $242 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,541/month

47 Days on Market

Highlights

  • Beach Front
  • Cape Cod Architecture
  • 2 Fireplaces
  • Walter C. Polson Upper Middle School Rated A
  • Attic
  • Workshop

About This Home

As of May 2020

Vacation at home all year round! Deeded sandy beach rights, great water views, and a salt water in-ground pool. The location is just off of Neck Road on a small private road that leads to your beautiful beach at the end of the street. There's a lot of privacy on this large .93 acre parcel. The kitchen has a large island with granite and there's lots of cabinetry for storage. The dining area opens to the kitchen and screened-in porch for ease of entertaining. The living room has a large picture window that takes advantage of the views of Long Island Sound. The first floor Master bedroom has a fully updated bath, and there's a second bedroom and full bath on the main floor too. Upstairs, there's are two more spacious bedrooms plus a walk-in attic (645 square feet) that could be finished for additional space for a bonus room. The lower level is partially finished (572 square feet) and has a fireplace and a slider that leads to a patio. There's a 2 car garage and workshop area in the basement level. Not in a Flood Zone. A new architectural roof (2013) 3 fireplaces are just a few of the great features. Make memories that will last a lifetime right here!

Last Agent to Sell the Property

Sheila Tinn-Murphy

Berkshire Hathaway NE Prop. License #RES.0761570 Listed on: 02/27/2020

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Sheila Tinn-Murphy

Berkshire Hathaway NE Prop. License #RES.0761570 Listed on: 02/27/2020

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,397

Year Built

  • Built in 1969

Lot Details

  • 0.93 Acre Lot
  • Beach Front
  • Level Lot
  • Garden
  • Property is zoned R-3

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • 2 Fireplaces
  • Workshop
  • Water Views

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Saltwater Pool
  • Walking Distance to Water
  • Enclosed Patio or Porch

Location

  • Property is near golf course and shops

Schools

  • Daniel Hand High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Floor Furnace
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Association fees include lake/beach access, snow removal, road maintenance

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,397

Year Built

Built in 1969

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2533
  • Public Record Living Room Sq Ft: 2533
  • Sq Ft Est Heated Below Grade: 572
  • Total Sq Ft: 3105
  • Year Built: 1969
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Library, Park, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 6421
  • Directions: Route 1 to Neck Road, Left on Oak Avenue to #18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Floored, Storage Space
  • Basement Description: Full With Walk-Out, Partially Finished, Heated, Walk-out, Storage
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Cook Top, Oven/Range, Microwave, Refrigerator, Freezer, Icemaker, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Workshop
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Patio, Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach, Beach Rights, View, Walk to Water
  • Swimming Pool: Yes
  • Pool: Salt Water
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved, Asphalt

Utilities

  • Cooling System: Ceiling Fans, Wall Unit
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Snow Removal, Road Maintenance
  • HOA Fees: 550
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.9300
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R-3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 11397
  • Mil Rate Base: 28.350
  • Assessor Parcel Number: 1153786

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
May 9, 2020
Sold by
Rees and Prasinos Ellen
Bought by
Orshansky Inna B and Orshansky Sergei
Seller's Agent
Sheila Tinn-Murphy
Berkshire Hathaway NE Prop.
Buyer's Agent
Sheila Tinn-Murphy
Berkshire Hathaway NE Prop.
List Price
$824,000
Sold Price
$750,000
Premium/Discount to List
-$74,000
-8.98%
Current Estimated Value
$1,220,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,509
Avg. Annual Appreciation
8.98%
Original Mortgage
$510,000
Outstanding Balance
$451,931
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$768,578

Purchase Details

Closed on
Aug 27, 1991
Sold by
Tetu Jean D
Bought by
Prasinos Michael G and Prasinos Ellen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
9.55%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orshansky Inna B $753,000 None Available
Prasinos Michael G $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orshansky Inna B $510,000
Previous Owner Prasinos Michael G $299,000
Previous Owner Prasinos Michael G $391,000
Previous Owner Prasinos Michael G $187,000
Previous Owner Prasinos Michael G $191,250
Closed Prasinos Michael G $23,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2020 05/12/20 Sold $750,000 -6.1% $242 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/03/2020 04/03/20 Price Changed $799,000 -3.0% $257 / Sq Ft
02/27/2020 02/27/20 For Sale $824,000 -- $265 / 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 $13,422 $598,400 $308,700 $289,700
2024 $13,165 $598,400 $308,700 $289,700
2023 $12,048 $402,000 $219,900 $182,100
2022 $11,823 $402,000 $219,900 $182,100
2021 $11,598 $402,000 $219,900 $182,100
2020 $11,397 $402,000 $219,900 $182,100
2019 $11,397 $402,000 $219,900 $182,100
2018 $10,630 $379,100 $195,400 $183,700
2017 $10,349 $379,100 $195,400 $183,700
2016 $10,042 $379,100 $195,400 $183,700
2015 $9,766 $379,100 $195,400 $183,700
2014 $11,218 $445,700 $250,100 $195,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170264546

SmartMLS

APN: MADI-000013-000000-000049