28 Toffee Ln Madison, CT 06443
4
Beds
4
Baths
2,414
Sq Ft
10,019
Sq Ft Lot
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 2023TOO GOOD TO BE TRUE! AT $1,000,000, THIS YEAR ROUND DIRECT WATERFRONT HOME THIS WON'T LAST LONG! Entire 1st floor has been completely renovated to showcase the water views from every angle. Bright natural light, unobstructed views and gleaming hardwood floors are breathtaking! This home has 4 bedrooms (one of the 1st floor with full bath) and 4 full bathrooms. Two screened in porches, one on each level, provide extra entertaining opportunities. NEW septic system and new electronic hurricane shutters installed in the fall of 2013. With this type of home, all your friends will come to visit! Enjoy sitting on the many decks, watching the boaters and swimmers, stunning views of Faulkners Island Lighthouse - all with the bonus of a "double lot" of land! Come see!
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0789096 Listed on: 06/29/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,571
Year Built
- Built in 1934
Lot Details
- 10,019 Sq Ft Lot
- Home fronts a sound
- Corner Lot
- Open Lot
Home Design
- Colonial Architecture
- Clap Board Siding
Interior Spaces
- 2,414 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
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 4 Car Garage
- Parking Deck
- Driveway
Outdoor Features
- Beach Access
- Deck
Schools
- Island Avenue Elementary School
- Pboe Middle School
- Dr. Robert H. Brown Middle School
- Daniel Hand High School
Utilities
- Radiator
- Electric Water Heater
- Cable TV Available
Additional Features
- Accessible Ramps
- Flood Zone Lot
Community Details
- No Home Owners Association
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
0
Views
45
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
-$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%
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
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
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
-
Sheila Tinn-Murphy
Seller's Agent in 2023
Sheila Tinn-Murphy
Berkshire Hathaway Home Services
(203) 915-7530
53 in this area
134 Total Sales
-
Melissa Rwambuya
Buyer's Agent in 2023
Melissa Rwambuya
William Raveis Real Estate
(917) 670-5053
1 in this area
91 Total Sales
-
John Campbell
Seller's Agent in 2021
John Campbell
Compass Connecticut, LLC
(203) 415-5439
28 in this area
83 Total Sales
-
Kirsten Adams
Seller's Agent in 2017
Kirsten Adams
William Pitt
(203) 500-4000
68 in this area
119 Total Sales
-
Ariel Tortora
Buyer's Agent in 2017
Ariel Tortora
William Raveis Real Estate
(203) 500-3243
1 in this area
64 Total Sales
Map
Source: SmartMLS
MLS Number: N10234266
APN: MADI-000013-000000-000119
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