$525,000
SOLD OCT 22, 2024

25 Downing Way Madison, CT 06443

2 Beds
2 Baths
1,476 Sq Ft
$475/mo HOA Fee

Recently Sold

$356 Per Sq Ft

11% Above List Price

23 Days on Market

Highlights

  • Property is near public transit
  • Ranch Style House
  • 1 Fireplace
  • Walter C. Polson Upper Middle School Rated A
  • Attic
  • End Unit

About This Home

As of October 2024

This condo is the larger of the two ranch-styles homes in Windermere, featuring six rooms, including a den/family room with a gas fireplace and custom built-in bookcases and cabinets. Right off this room is a delightful enclosed 3-season porch with access to a private patio and side and back yards. This home also has beautiful wood flooring, as seen in the photos. Both the natural-gas furnace and central air conditioning system are newer. The one-car detached garage offers extra storage space and is conveniently located close to the home. Windermere is a desirable complex just minutes from the amenities Madison has to offer: Hammonasset State Part, 3 separate beaches, shopping, library and restaurants to name a few.

Last Agent to Sell the Property

Doris Fallon

William Raveis Real Estate License #RES.0214968 Listed on: 08/08/2024

William Raveis Real Estate

Last Buyer's Agent

Deborah Rowe

William Raveis Real Estate License #REB.0487450

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,092

Year Built

  • Built in 1979

Lot Details

  • End Unit

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • 1 Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1155471

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, road maintenance, insurance
  • 150 Units
  • Property managed by Summit Property Managemen

Amenities

  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,092

Year Built

Built in 1979

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Neighborhood: Hammonasset
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1476
  • Total Sq Ft: 1476
  • Year Built: 1979
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Golf Course, Health Club, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting, Boats, Trailer(S)
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Rt. One to Cottage Road; right into Windermere; left on Aylesbury Circle; left onto Downing Way.
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Spec Assoc Asses: No
  • Street Type: Way
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: None
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 25

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Upright Tank
  • Water Source: Public Water Connected
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Road Maintenance, Insurance
  • Levels In Unit: 1
  • HOA Fees: 475
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: vic@summitpmllc.com
  • Property Manager Name: Victor Caprio
  • Property Manager Phone: (203) 800-5020
  • Property Mgt Company Name: Summit Property Managemen
  • Property Mgt Phone: (203) 800-5020
  • Total Number of Units In Complex: Windermere West

Schools

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

Lot Info

  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: R-2
  • Property Info: On Leased Land
  • Parcel #: 1155471

Rental Info

  • Pets Allowed Info: 2
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 150

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 7092
  • Total Assessed Value: 322400
  • Mil Rate Total: 22

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

Closed on
Dec 2, 2003
Sold by
Duten William E and Duten Claudia M
Bought by
Dunham Barbara M
Current Estimated Value
$532,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.09%

Purchase Details

Closed on
Jul 5, 1994
Sold by
Est Stiles Saima A and Nangle Nancy J
Bought by
Dutch William E and Dutch Claudia M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $280,000 --
Executors Deed $168,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $495,700 Stand Alone Refi Refinance Of Original Loan
Closed $224,000 No Value Available
Closed $56,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $525,000 +10.5% $356 / Sq Ft
08/31/2024 08/31/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $475,000 -- $322 / 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 $7,231 $322,400 $0 $322,400
2024 $7,093 $322,400 $0 $322,400
2023 $6,566 $219,100 $0 $219,100
2022 $6,444 $219,100 $0 $219,100
2021 $6,321 $219,100 $0 $219,100
2020 $6,211 $219,100 $0 $219,100
2019 $6,211 $219,100 $0 $219,100
2018 $5,992 $213,700 $0 $213,700
2017 $5,834 $213,700 $0 $213,700
2016 $5,661 $213,700 $0 $213,700
2015 $5,505 $213,700 $0 $213,700
2014 $6,557 $260,500 $0 $260,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24038635

SmartMLS

APN: MADI-000032-000000-000001-000025D