NOT LISTED FOR SALE

2 Race Hill Rd Madison, CT 06443

Estimated Value: $1,253,000 - $1,642,488

4 Beds
3.5 Baths
3,748 Sq Ft
$398/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $1,685,000 $450 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $10,164/month

55 Days on Market

Highlights

  • Barn
  • Stables
  • 30.68 Acre Lot
  • Walter C. Polson Upper Middle School Rated A
  • Home fronts a pond
  • Open Floorplan

About This Home

As of March 2023

If you are on the hunt for a one of a kind property, that contains an antique house (with 1990's addition), 6 bay garage, equestrian facility, 4 fenced pastures and over 30 acres of land, you have found your match. Rarely does this type of "Gentleman's Farm" ever become available; built in 1740 with an addition added in the 90's, the house will immediately charm you as you enter into an oversized Living Room, with radiant brick floors and multiple doors to access the outside. All windows on the west side are new and overlook the pond and pasture. The balance of the 1st floor offers an office with builtins and generous natural light, a kitchen with plenty of counter space, a cosy Dining Room with fireplace and a 1st floor bedroom with access to a full bath. The Master Suite is located over the Living Room, is oversized and offers a walk-in dressing room and full bath. Two other bedrooms, with a full bath, are in the "older" side of the home. Beams are throughout the home, as well wide plank wood floors, 100 yr composite roof & a full house generator. There is a 6 bay garage, heated and with dehumidifier, is perfect for the car collector. The balance of the property offers: 4 fenced in pastures, 2 electronic gates, ponds & raw land. The Riding facility, established in 1990, and accessible by a private road, offers an indoor arena, outdoor ring, 22 stalls, tack rooms, wash stalls, excess barns / sheds and a 3 bdrm apartment. Come see, it won't disappoint.

Last Agent to Sell the Property

Kirsten Adams

William Pitt Sotheby's Int'l License #RES.0789096 Listed on: 10/12/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Regina DiBiase

William Raveis Real Estate License #RES.0818014

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,705

Year Built

  • Built in 1740

Lot Details

  • 30.68 Acre Lot
  • Home fronts a pond
  • Stone Wall
  • Corner Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RU-1

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Stone Foundation
  • Stone Frame
  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Block Exterior
  • Stone

Interior Spaces

  • 3,748 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 4 Fireplaces
  • Wood Burning Stove
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

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

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Basement Hatchway
  • Crawl Space

Parking

  • 6 Car Detached Garage
  • Automatic Garage Door Opener
  • Private Driveway

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessible Ramps
  • Multiple Entries or Exits

Outdoor Features

  • Wetlands on Lot
  • Patio
  • Shed
  • Rain Gutters

Schools

  • Jm Jeffrey Elementary School
  • Polson Middle School
  • Daniel Hand High School

Farming

  • Barn
  • Farm

Horse Facilities and Amenities

  • Paddocks
  • Stables

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Power Generator
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,705

Year Built

Built in 1740

Lot Details

30.68 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial, Farm House
  • Sq Ft Est Heated Above Grade: 3748
  • Public Record Living Room Sq Ft: 3748
  • Total Sq Ft: 3748
  • Year Built: 1740
  • Handicap Features: Hallways 36+ Inches Wide, Multiple Entries/Exits, Ramps
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4461
  • Directions: The property is located at the intersection of Bradley Corners and Race Hill Road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 4
  • Attic Description: Crawl Space
  • Basement Description: Partial, Unfinished, Concrete Floor, Interior Access, Hatchway Access
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Barn, French Doors, Garden Area, Gutters, Paddock, Patio, Shed, Stable, Stone Wall
  • Exterior Siding: Wood
  • Foundation Type: Concrete, Stone
  • Roof Information: Shingle, Metal
  • Waterfront Description: Pond
  • Swimming Pool: No
  • Construction Description: Frame, Stone, Block

Garage/Parking

  • Garage Parking Info: Detached Garage, Barn
  • Garages Number: 6
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Ceiling Fans, Central Air, Ductless
  • Heat Type: Hot Air, Radiant, Wood/Coal Stove, Zoned
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Generator, Thermopane Windows

Lot Info

  • Acres: 30.6800
  • Lot Description: Farm Land, May be Subdividable, Some Wetlands, Corner Lot, Lightly Wooded, Fence - Stone
  • Zoning: RU-1

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 21705
  • Mil Rate Base: 29.410
  • Assessor Parcel Number: 1159912

MLS Schools

  • Elementary School: JM Jeffrey
  • Middle Jr High School: Polson
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Mar 22, 2023
Sold by
Race Hill Farm Llc
Bought by
Race Hill Farm Llc
Seller's Agent
Kirsten Adams
William Pitt Sotheby's Int'l
Buyer's Agent
Regina DiBiase
William Raveis Real Estate
List Price
$1,800,000
Sold Price
$1,685,000
Premium/Discount to List
-$115,000
-6.39%
Views
96
Current Estimated Value
$1,492,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$192,504
Avg. Annual Appreciation
-3.94%
Original Mortgage
$1,239,800
Outstanding Balance
$1,199,897
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,599

Purchase Details

Listed on
Oct 12, 2022
Closed on
Mar 4, 2023
Sold by
Wenderoth Stephanie J
Bought by
Race Hill Farm Llc
Seller's Agent
Kirsten Adams
William Pitt Sotheby's Int'l
Buyer's Agent
Regina DiBiase
William Raveis Real Estate
List Price
$1,800,000
Sold Price
$1,685,000
Premium/Discount to List
-$115,000
-6.39%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,239,800
Outstanding Balance
$1,199,897
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,599

Purchase Details

Closed on
Sep 19, 2013
Sold by
Christine Beebe Ret and Beebe John W
Bought by
Christin Beebe Ret and Beebe John W

Purchase Details

Closed on
Dec 21, 2012
Sold by
Beebe Tr Christiane and Beebe John W
Bought by
Beebe Tr Christiane and Beebe John W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Race Hill Farm Llc $135,250 None Available
Race Hill Farm Llc $1,549,750 None Available
Christin Beebe Ret -- --
Beebe Tr Christiane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Race Hill Farm Llc $1,239,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2023 03/22/23 Sold $1,685,000 -6.4% $450 / Sq Ft
10/12/2022 10/12/22 For Sale $1,800,000 -- $480 / Sq Ft
Source: SmartMLS

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 $26,925 $1,200,400 $257,700 $942,700
2024 $26,409 $1,200,400 $257,700 $942,700
2023 $22,118 $738,000 $108,100 $629,900
2022 $21,705 $738,000 $108,100 $629,900
2021 $21,291 $738,000 $108,100 $629,900
2020 $20,922 $738,000 $108,100 $629,900
2019 $20,942 $738,700 $108,800 $629,900
2018 $19,578 $698,200 $111,500 $586,700
2017 $19,061 $698,200 $111,500 $586,700
2016 $18,495 $698,200 $111,500 $586,700
2015 $17,986 $698,200 $111,500 $586,700
2014 $18,647 $740,830 $156,930 $583,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170529801

SmartMLS

APN: MADI-000121-000000-000011

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