NOT LISTED FOR SALE

201 Race Hill Rd Madison, CT 06443

Estimated Value: $228,000 - $679,000

8.9 Acres
$57,608 Price per Acre
387,684 Sq Ft Lot

Last Sold March 17, 2015

Last sale price $200,000 $182 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,253/month

10 Days on Market

Highlights

  • Horse Property
  • 8.9 Acre Lot
  • Many Trees
  • Walter C. Polson Upper Middle School Rated A
  • No HOA

About This Lot

As of March 2015

Gorgeous piece of property consisting of 8.9 acres with 290 feet of frontage on Race Hill Road. There is a home and a barn on the property, however, the owner considers the home to be inhabitable and is selling this as a building lot. The owner has been to town hall and asked if the land could be subdivided and their opinion was that it could be divided into two lots. No other work has been done on that. There is an existing well on the property. The land is beautiful and is filled with beautiful trees and an abundance of wild life. The property to the rear of this lot is open space which will help insure that this lot will be a very private place to live. The open space also includes Shelley Lake.

Last Agent to Sell the Property

Brian Jermainne

Team Jermainne Real Estate Services, LLC License #REB.0754931 Listed on: 12/09/2014

Last Buyer's Agent

Brian Jermainne

Team Jermainne Real Estate Services, LLC License #REB.0754931 Listed on: 12/09/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,426

Lot Details

  • 8.9 Acre Lot
  • Many Trees

Schools

  • Ryerson Elementary School
  • Brown & Polson Middle School
  • Daniel Hand High School

Utilities

  • Heating System Uses Oil Above Ground
  • Well Required
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$6,426

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Old Toll Rd. to Race Hill Rd. See Sign. 209 Race Hill Rd. is also listed for sale separately.
  • Special Features: None

Interior Features

  • Street Number Modifier: 201

Exterior Features

  • Road Frontage Description: Paved Road, Municipal Street
  • Road Frontage Approximate: 290

Utilities

  • Fuel Tank Location: Above Ground
  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Cable, Electric, Telephone
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Ryerson
  • High School: Daniel Hand
  • Intermediate School: Brown & Polson

Lot Info

  • Acres: 8.9000
  • Lot Description: Treed
  • Development Status: Approved Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Lot Improvements: Barn(S)
  • Potential Land Uses: Single Family
  • Subdividable Ynu: Yes
  • Zoning: Residential
  • Property Info: Horse Property

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 6426
  • Total Assessed Value: 255300
  • Mil Rate Total: 25.170
  • Assessor Parcel Number: 1160620

MLS Schools

  • Elementary School: Ryerson
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2018
Sold by
Fgm Old Tyme Realty Llc
Bought by
Madison Land Conservation
Current Estimated Value
$512,709

Purchase Details

Closed on
Sep 26, 2017
Sold by
Denvir William J and Denvir Virgina M
Bought by
Fgm Old Tyme Realty Ll

Purchase Details

Listed on
Dec 9, 2014
Closed on
Mar 17, 2015
Sold by
Keller Nancy V
Bought by
Denvir Virginia M and Denvir William J
Seller's Agent
Brian Jermainne
Team Jermainne Real Estate Services, LLC
Buyer's Agent
Brian Jermainne
Team Jermainne Real Estate Services, LLC
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
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
Madison Land Conservation $375,000 --
Fgm Old Tyme Realty Ll -- --
Denvir Virginia M $200,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2015 03/17/15 Sold $200,000 -27.3% $182 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
12/09/2014 12/09/14 For Sale $275,000 -- $250 / 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 $6,778 $302,200 $302,200 $0
2024 $6,648 $302,200 $302,200 $0
2023 $6,965 $232,400 $232,400 $0
2022 $6,835 $232,400 $232,400 $0
2021 $6,705 $232,400 $232,400 $0
2020 $6,589 $232,400 $232,400 $0
2019 $6,260 $220,800 $179,200 $41,600
2018 $7,159 $255,300 $186,900 $68,400
2017 $6,970 $255,300 $186,900 $68,400
2016 $6,763 $255,300 $186,900 $68,400
2015 $6,577 $255,300 $186,900 $68,400
2014 $7,292 $289,700 $218,100 $71,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10008630

SmartMLS

APN: MADI-000141-000000-000035