26 Nathans Ln Madison, CT 06443
3
Beds
2
Baths
2,178
Sq Ft
0.93
Acres
Highlights
- Colonial Architecture
- Barn or Farm Building
- 1 Fireplace
- Walter C. Polson Upper Middle School Rated A
- Property is near public transit
- Sitting Room
About This Home
As of October 2024This one was worth the wait. One of a kind offering. A rare investment opportunity. One of two parcels in Madison designated as "Transitional Zone". Special permit approved to legalize historical use of (3) three-unit dwelling as a Planned Residential Development. This property does not need to be owner occupied. Live in one unit and rent the other two units or rent all three. Does not require owner occupancy for the units to be rented. The main home resting on a gentle knoll is a duplex with separate entrances, electric meters, heating, parking, and mailboxes. Largest unit of the duplex has three bedrooms, one on the first floor and two on the second floor. There is a family room, kitchen, dining room, sitting room with fireplace, and family room on second floor. This unit has natural gas and separate electric meter. The smaller unit in the duplex is a one-bedroom unit, family room with fireplace, eating nook, office, and modest kitchen. It is heated with oil and has separate electric meter. A second meter to transfer to natural gas was installed for future use. The detached red barn is the third unit comprised of one bedroom; family room open to eat-in kitchen area. This unit has separate electric meter, propane and electric baseboard heat. The duplex and red barn have separate septic systems. The septic system was cleaned and inspected in 2022. Property priced to be sold as is. Inspections are for informational purposes only. Property also cross-listed on MLS-24007972
Last Agent to Sell the Property
Berkshire Hathaway NE Prop. License #RES.0776259 Listed on: 08/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,616
Year Built
- Built in 1920
Home Design
- Colonial Architecture
- Concrete Foundation
- Stone Foundation
- Stone Frame
- Frame Construction
- Asphalt Shingled Roof
- Concrete Siding
- Vertical Siding
- Shingle Siding
- Cedar Siding
- Stone
Interior Spaces
- 2,178 Sq Ft Home
- 1 Fireplace
- Thermal Windows
- Sitting Room
- Basement Fills Entire Space Under The House
- Storm Doors
- Electric Cooktop
- Laundry on main level
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Car Garage
- Circular Driveway
- Gravel Driveway
- Shared Driveway
Location
- Property is near public transit
- Property is near a golf course
Schools
- Polson Middle School
- Daniel Hand High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Hot Water Circulator
Additional Features
- 0.93 Acre Lot
- Barn or Farm Building
Community Details
- Public Transportation
Listing and Financial Details
- Assessor Parcel Number 1155557
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2024
Closed on
Sep 30, 2024
Sold by
George C Koch T C and George Koch
Bought by
Smith Craig
Seller's Agent
Heather Clinton
Berkshire Hathaway NE Prop.
Buyer's Agent
Mary O'Neill
Eagle Eye Realty PLLC
List Price
$515,000
Sold Price
$553,000
Premium/Discount to List
$38,000
7.38%
Views
44
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
$27,623
Avg. Annual Appreciation
6.36%
Original Mortgage
$205,000
Outstanding Balance
$203,292
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$377,331
Purchase Details
Closed on
Sep 11, 2001
Sold by
Koch John P and Koch George C
Bought by
Glassman Stanley A and Glassman Teri M
Similar Homes in Madison, CT
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $553,000 | None Available | |
| Deed | $553,000 | None Available | |
| Warranty Deed | $496,900 | -- | |
| Warranty Deed | $496,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $205,000 | Purchase Money Mortgage | |
| Closed | $205,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $553,000 | 0.0% | $254 / Sq Ft |
| 09/30/2024 09/30/24 | Sold | $553,000 | +7.4% | $254 / Sq Ft |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 08/24/2024 08/24/24 | For Sale | $515,000 | 0.0% | $236 / Sq Ft |
| 08/24/2024 08/24/24 | For Sale | $515,000 | -- | $236 / 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 | $7,765 | $346,200 | $98,600 | $247,600 |
| 2024 | $7,616 | $346,200 | $98,600 | $247,600 |
| 2023 | $7,226 | $241,100 | $75,800 | $165,300 |
| 2022 | $7,091 | $241,100 | $75,800 | $165,300 |
| 2021 | $6,956 | $241,100 | $75,800 | $165,300 |
| 2020 | $6,835 | $241,100 | $75,800 | $165,300 |
| 2019 | $6,835 | $241,100 | $75,800 | $165,300 |
| 2018 | $6,926 | $247,000 | $78,300 | $168,700 |
| 2017 | $5,077 | $247,000 | $78,300 | $168,700 |
| 2016 | $6,543 | $247,000 | $78,300 | $168,700 |
| 2015 | $6,363 | $247,000 | $78,300 | $168,700 |
| 2014 | $6,504 | $258,400 | $105,100 | $153,300 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Clinton
Seller's Agent in 2024
Heather Clinton
Berkshire Hathaway Home Services
(203) 530-7363
13 in this area
33 Total Sales
-
Mary O'Neill
M
Buyer's Agent in 2024
Mary O'Neill
Eagle Eye Realty PLLC
(203) 824-3913
4 in this area
33 Total Sales
Map
Source: SmartMLS
MLS Number: 24007970
APN: MADI-000035-000000-000028
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