3 Toffee Ln Madison, CT 06443
Estimated Value: $545,000 - $628,000
2
Beds
1
Bath
836
Sq Ft
$694/Sq Ft
Est. Value
Highlights
- Beach Access
- Open Floorplan
- Attic
- Walter C. Polson Upper Middle School Rated A
- Deck
- 1 Fireplace
About This Home
As of April 2020Charming 3 season beach cottage in peaceful quiet setting. 4Th house from private deeded sandy beach + your own private access beach path that is a direct shot to the ocean! Open floor plan with vaulted great room, travertine fireplace, oak beams, and large private deck. Garage- sized storage shed and front porch to handle overflow guests, those spaces provide storage and are not included in the square footage of the home. Vinyl privacy fence and new patio lead to a direct easy path right to your private beach association (place to store your kayak and beach chairs, gear). Unparalleled value ...Now is the time to secure your low cost CT beach cottage! Some preliminary engineering and soil testing has been has been done as a first step towards what it would likely take to convert this property into a 4 season home. Enjoy kayaking, entertaining, fishing, or just hanging at the beach, all while just minutes to the surf club, train station, restaurants, stroll downtown shops and discover all that the Madison town village offers. Outdoor shower, washer and dryer. Come see!
Last Agent to Sell the Property
William Raveis Real Estate License #RES.0784867 Listed on: 08/14/2019
Last Buyer's Agent
Nancy Dansereau
Coldwell Banker Realty License #RES.0766198
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,309
Year Built
- Built in 1945
Lot Details
- 4,792 Sq Ft Lot
- Level Lot
- Garden
- Property is zoned R-5
HOA Fees
- $33 Monthly HOA Fees
Home Design
- Cottage
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 836 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- 1 Fireplace
- Bonus Room
- Pull Down Stairs to Attic
- Oven or Range
- Laundry on main level
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 4 Car Garage
- Parking Deck
- Private Driveway
- Off-Street Parking
Outdoor Features
- Beach Access
- Walking Distance to Water
- Deck
Location
- Flood Zone Lot
Schools
- Daniel Hand High School
Utilities
- No Heating
- Electric Water Heater
- Cable TV Available
Community Details
- Association fees include lake/beach access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2019
Closed on
Mar 25, 2020
Sold by
Setten Christopher J
Bought by
Savarese Theresa
Seller's Agent
Jessica Kimball
William Raveis Real Estate
Buyer's Agent
Nancy Dansereau
Coldwell Banker Realty
List Price
$364,900
Sold Price
$295,000
Premium/Discount to List
-$69,900
-19.16%
Total Days on Market
164
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
$285,434
Avg. Annual Appreciation
12.49%
Purchase Details
Closed on
May 22, 1992
Sold by
Hirsch Frederick L and Hirsch Laura G
Bought by
Burton James N and Burton Adrienne A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6%
Mortgage Type
Unknown
Similar Homes in Madison, CT
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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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Savarese Theresa | $295,000 | None Available | |
| Burton James N | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Burton James N | $294,000 | |
| Previous Owner | Burton James N | $76,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2020 04/10/20 | Sold | $295,000 | -14.7% | $353 / Sq Ft |
| 01/25/2020 01/25/20 | Pending | -- | -- | -- |
| 09/19/2019 09/19/19 | Price Changed | $345,900 | -5.2% | $414 / Sq Ft |
| 08/14/2019 08/14/19 | For Sale | $364,900 | -- | $436 / 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 | $6,908 | $314,000 | $273,500 | $40,500 |
| 2023 | $7,726 | $257,800 | $222,300 | $35,500 |
| 2022 | $7,582 | $257,800 | $222,300 | $35,500 |
| 2021 | $7,438 | $257,800 | $222,300 | $35,500 |
| 2020 | $7,309 | $257,800 | $222,300 | $35,500 |
| 2019 | $7,309 | $257,800 | $222,300 | $35,500 |
| 2018 | $5,566 | $198,500 | $147,200 | $51,300 |
| 2017 | $5,419 | $198,500 | $147,200 | $51,300 |
| 2016 | $5,258 | $198,500 | $147,200 | $51,300 |
| 2015 | $5,113 | $198,500 | $147,200 | $51,300 |
| 2014 | $9,985 | $396,700 | $336,300 | $60,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Kimball
Seller's Agent in 2020
Jessica Kimball
William Raveis Real Estate
(203) 988-5770
11 in this area
73 Total Sales
-
Buyer's Agent in 2020
Nancy Dansereau
Coldwell Banker Realty
(860) 301-5148
3 in this area
35 Total Sales
Map
Source: SmartMLS
MLS Number: 170223175
APN: MADI-000013-000000-000112
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