Seller's Agent in 2023
Teri Strain-Lewis
William Pitt
(860) 434-1194
2 in this area
88 Total Sales
23 Highland Terrace Madison, CT 06443
Estimated Value: $1,099,000 - $1,342,373
3
Beds
2
Baths
2,270
Sq Ft
$525/Sq Ft
Est. Value
Highlights
- Water Views
- Beach Access
- Open Floorplan
- Walter C. Polson Upper Middle School Rated A
- Home fronts a sound
- Deck
About This Home
As of June 2023Welcome to this special property being offered in Highland Terrace Association, a sought after enclave of Madison, Connecticut. With expansive views of Long Island Sound, this 3-story contemporary styled home sits on a large double lot with a possibility for a pool. The fact that this home has been in the same family since 1977, is a testament to its enduring appeal and desirability of this area. The open entertaining floor plan, including a wet bar area and buffet, is perfect for hosting guests, and there is plenty of parking available for them when they arrive! After spending the day at your private beach, rinse off in the outdoor shower, and enjoy the evening ocean breeze on the second floor private covered deck.The master suite features a sitting room, loft and views of the ocean. In addition to the 3 existing bedrooms, there are more options to privately or semi-privately sleep extra guests, which seems to happen at a beach house! This home requires no flood insurance and is one of the few properties with a basement. Adding to the value are a newer roof, generator, and updated electrical. Additionally, Madison features fine dining and upscale shopping. The location is convenient, being only 2 hours to NY, just over an hour to Providence, and 2 hours to Boston. Overall, this property is an idyllic place to live year round or spend the summer enjoying the private beach. Too many desirable attractions to list on the shoreline.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0814595 Listed on: 04/19/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,449
Year Built
- Built in 1950
Lot Details
- 0.28 Acre Lot
- Home fronts a sound
- Level Lot
- Open Lot
- Garden
- Property is zoned R-4
HOA Fees
- $33 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 2,270 Sq Ft Home
- Open Floorplan
- 2 Fireplaces
- Concrete Flooring
- Water Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Parking Deck
- Private Driveway
Outdoor Features
- Beach Access
- Walking Distance to Water
- Deck
- Porch
Location
- Property is near shops
- Property is near a golf course
Schools
- Daniel Hand High School
Utilities
- Central Air
- Heating System Uses Oil
- Power Generator
- Fuel Tank Located in Basement
Community Details
Recreation
- Tennis Courts
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2023
Closed on
Jun 2, 2023
Sold by
Merriam Judith M
Bought by
Shykind Benjamin M and Konopasek Lyuba
Seller's Agent
Teri Strain-Lewis
William Pitt Sotheby's Int'l
Buyer's Agent
Pamela D'Arc
William Pitt Sotheby's Int'l
List Price
$850,000
Sold Price
$925,000
Premium/Discount to List
$75,000
8.82%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,843
Avg. Annual Appreciation
10.27%
Original Mortgage
$740,000
Outstanding Balance
$720,006
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$436,035
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shykind Benjamin M | $925,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shykind Benjamin M | $740,000 | |
| Previous Owner | Merriam Judith M | $25,000 | |
| Previous Owner | Merriam Judith M | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2023 06/02/23 | Sold | $925,000 | +8.8% | $407 / Sq Ft |
| 05/19/2023 05/19/23 | Pending | -- | -- | -- |
| 04/19/2023 04/19/23 | For Sale | $850,000 | -- | $374 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $13,857 | $617,800 | $380,900 | $236,900 |
| 2024 | $13,592 | $617,800 | $380,900 | $236,900 |
| 2023 | $13,705 | $457,300 | $312,500 | $144,800 |
| 2022 | $13,449 | $457,300 | $312,500 | $144,800 |
| 2021 | $4,704 | $457,300 | $312,500 | $144,800 |
| 2020 | $12,964 | $457,300 | $312,500 | $144,800 |
| 2019 | $12,964 | $457,300 | $312,500 | $144,800 |
| 2018 | $12,820 | $457,200 | $301,700 | $155,500 |
| 2017 | $12,482 | $457,200 | $301,700 | $155,500 |
| 2016 | $12,111 | $457,200 | $301,700 | $155,500 |
| 2015 | $11,777 | $457,200 | $301,700 | $155,500 |
| 2014 | $12,744 | $506,300 | $330,500 | $175,800 |
Source: Public Records
Agents Affiliated with this Home
-
Teri Strain-Lewis
-
Pamela D'Arc
Buyer's Agent in 2023
Pamela D'Arc
William Pitt
(917) 509-8315
4 in this area
5 Total Sales
Map
Source: SmartMLS
MLS Number: 170560852
APN: MADI-000012-000000-000130
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