$1,550,000
SOLD AUG 3, 2021

28 Toffee Ln Madison, CT 06443

4 Beds
4 Baths
2,444 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$634 Per Sq Ft

13% Below List Price

258 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Open Floorplan
  • Walter C. Polson Upper Middle School Rated A
  • Home fronts a sound
  • Colonial Architecture

About This Home

As of December 2023

A beach home. It's all about the environment right? Large deck / patio areas for parties to spill onto. Beautifully landscaped yard that offers so many options from a possible pool to an amazing waterfront play area. Beach access from your yard. Large windows and sliders providing all the sunshine you could ask for and, of course, two sleeping porches for those beautiful summer night sea breezes. And that's just the outside. Inside, enjoy an open floor plan conducive to large family gatherings. Thanksgiving on the water this year? First floor bedroom suite complete with full bath and unique sleeping porch awaits you or your fortunate guests. Water views from almost every corner of the first floor. Second floor embraces a large Master Bedroom Suite. Two additional second floor bedrooms share a full bath and large sleeping porch. A substantial seawall and automatic storm shutters there to protect you from those occasional tantrums Mother Nature occasionally tosses our way. Enjoy deeded access to beautiful Lee Manor Beach just two doors away. Flood insurance is a reasonable $4,800 annually. Enjoy this special place either year round or as special place to escape to or gather with loved ones!

Last Agent to Sell the Property

John Campbell

Compass Connecticut, LLC License #RES.0769152 Listed on: 10/21/2020

Compass Connecticut, LLC

Last Buyer's Agent

Sheila Tinn-Murphy

Berkshire Hathaway NE Prop. License #RES.0761570

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,067

Year Built

  • Built in 1934

Lot Details

  • 10,019 Sq Ft Lot
  • Home fronts a sound
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • Garden
  • Property is zoned R-5

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Siding

Interior Spaces

  • 2,444 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Screened Porch
  • Water Views
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 5 Car Garage
  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Public Water Access
  • Wrap Around Balcony
  • Deck

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

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

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Baseboard Heating
  • Programmable Thermostat
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,067

Year Built

Built in 1934

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2444
  • Public Record Living Room Sq Ft: 2444
  • Total Sq Ft: 2444
  • Year Built: 1934
  • Nearby Amenities: Golf Course, Medical Facilities
  • In Law Access: First Floor
  • In Law Apartment: Possible
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5823
  • Directions: Madison Town Green to Boston Post Road. Left on Neck. Left on Taylor. Follow to end. Quick left and right onto Toffee Lane. Residence is on water. large yard on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partial
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Lower Level
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 28

Exterior Features

  • Exterior Features: Deck, Garden Area, Porch-Screened, Wrap Around Deck
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Water Community, Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Garages Number: 5
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Ceiling Fans, Central Air, Split System
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 125
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 0.2300
  • Lot Description: On Cul-De-Sac, Water View, Corner Lot, Level Lot, Fence - Partial, Professionally Landscaped
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: R-5

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 22067
  • Total Assessed Value: 764900
  • Mil Rate Base: 28.350
  • Mil Rate Total: 28.850
  • Assessor Parcel Number: 1153854

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, 2023
Closed on
Dec 8, 2023
Sold by
Cosgrove Michael J and Cosgrove Patricia A
Bought by
Mellas Renee and Mellas Gregory
Seller's Agent
Sheila Tinn-Murphy
Berkshire Hathaway NE Prop.
Buyer's Agent
Melissa Rwambuya
William Raveis Real Estate
List Price
$2,300,000
Sold Price
$2,310,000
Premium/Discount to List
$10,000
0.43%
Total Days on Market
258
Views
45
Current Estimated Value
$2,216,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,330
Avg. Annual Appreciation
-5.25%

Purchase Details

Listed on
Oct 21, 2020
Closed on
Aug 3, 2021
Sold by
James A Salatto Ret and Salatto
Bought by
Cosgrove Michael J and Cosgrove Patricia A
Seller's Agent
John Campbell
Compass Connecticut, LLC
Buyer's Agent
Sheila Tinn-Murphy
Berkshire Hathaway NE Prop.
List Price
$1,775,000
Sold Price
$1,550,000
Premium/Discount to List
-$225,000
-12.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.09%
Original Mortgage
$548,250
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 28, 2013
Closed on
Sep 18, 2013
Sold by
Reynolds Robert N
Bought by
Corey Leslie N
Seller's Agent
Kirsten Adams
William Pitt Sotheby's Int'l
Buyer's Agent
Kirsten Adams
William Pitt Sotheby's Int'l
List Price
$1,395,000
Sold Price
$1,250,000
Premium/Discount to List
-$145,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
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 $2,310,000 None Available
Warranty Deed $1,550,000 None Available
Deed $1,250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $548,250 Purchase Money Mortgage
Previous Owner $750,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $700,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $2,310,000 +0.4% $945 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
10/14/2023 10/14/23 For Sale $2,300,000 +48.4% $941 / Sq Ft
08/03/2021 08/03/21 Sold $1,550,000 -12.7% $634 / Sq Ft
07/04/2021 07/04/21 For Sale $1,775,000 +14.5% $726 / Sq Ft
07/03/2021 07/03/21 Off Market $1,550,000 -- --
06/15/2021 06/15/21 For Sale $1,775,000 +14.5% $726 / Sq Ft
06/14/2021 06/14/21 Off Market $1,550,000 -- --
06/05/2021 06/05/21 For Sale $1,775,000 +14.5% $726 / Sq Ft
06/02/2021 06/02/21 Off Market $1,550,000 -- --
04/15/2021 04/15/21 Price Changed $1,775,000 -5.3% $726 / Sq Ft
03/28/2021 03/28/21 For Sale $1,875,000 +21.0% $767 / Sq Ft
03/27/2021 03/27/21 Off Market $1,550,000 -- --
01/24/2021 01/24/21 For Sale $1,875,000 +21.0% $767 / Sq Ft
01/23/2021 01/23/21 Off Market $1,550,000 -- --
10/21/2020 10/21/20 For Sale $1,875,000 +87.5% $767 / Sq Ft
08/01/2017 08/01/17 Sold $1,000,000 0.0% $414 / Sq Ft
06/29/2017 06/29/17 For Sale $1,000,000 0.0% $414 / Sq Ft
06/16/2017 06/16/17 Rented $10,000 0.0% --
06/08/2017 06/08/17 For Rent $10,000 0.0% --
09/17/2013 09/17/13 Sold $1,250,000 -10.4% $439 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $1,395,000 -- $490 / 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
2024 $24,361 $1,107,300 $821,500 $285,800
2023 $22,924 $764,900 $565,700 $199,200
2022 $22,496 $764,900 $565,700 $199,200
2021 $22,067 $764,900 $565,700 $199,200
2020 $21,685 $764,900 $565,700 $199,200
2019 $21,430 $755,900 $565,700 $190,200
2018 $16,482 $587,800 $412,200 $175,600
2017 $16,047 $587,800 $412,200 $175,600
2016 $15,571 $587,800 $412,200 $175,600
2015 $15,142 $587,800 $412,200 $175,600
2014 $28,105 $1,116,600 $917,100 $199,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170348938

SmartMLS

APN: MADI-000013-000000-000119