NOT LISTED FOR SALE

316 Race Hill Rd Madison, CT 06443

Estimated Value: $553,000 - $647,000

3 Beds
2 Baths
2,481 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $577,500 $233 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,773/month

35 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • 1 Fireplace
  • Walter C. Polson Upper Middle School Rated A
  • Ranch Style House
  • Workshop

About This Home

As of September 2024

Highest & Best 7pm 8/25 .This private retreat in Madison may remind you of a vacation spot in Vermont! This quiet location has a lot of privacy. The home is set on a 2+ acre lot that borders Water Company property. This Craftsman Ranch style home will impress you by the natural light and quality construction. The flexible floor plan has loads of living space inside and outside. Two bedrooms are located on the main floor. The primary bedroom has access to a full bath that also has an entry from the hall. Upscale improvements include the two full baths and stunning kitchen. All done by Kitchens by Gedney. The white Brookhaven cabinets, marble backsplash and quartz countertops are sure to impress you. The center island has a granite countertop and seating on two sides. Just off of the kitchen is a Butler's pantry with a storage closet, marble countertops, cabinets and wine storage. The kitchen opens to the dining room, (which could be used as a family room). A wood burning fireplace sits adjacent to a large picture window. The sunroom has a vaulted ceiling and skylights. The living space continues on the main floor with a living room with built-in bookshelves. There's a multi-level deck with a screened gazebo too. The lower level has a second family room with a wood stove. Just off of this room is a full bath and another room that might be used as an additional bedroom. Outside is a patio, outdoor enclosed shower, and shed that was used as an artist studio.

Last Agent to Sell the Property

Sheila Tinn-Murphy

Berkshire Hathaway NE Prop. License #RES.0761570 Listed on: 08/20/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Stephen Burke

Coldwell Banker Realty License #REB.0790211

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,336

Year Built

  • Built in 1964

Lot Details

  • 2.05 Acre Lot
  • Stone Wall
  • Property is zoned RU-1

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • Open Floorplan
  • Central Vacuum
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Workshop
  • Home Security System

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

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

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Property is near shops

Schools

  • Kathleen H. Ryerson Elementary School
  • Brown Middle School
  • Daniel Hand High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1160631

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,336

Year Built

Built in 1964

Lot Details

2.05 Acres

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1715
  • Sq Ft Est Heated Below Grade: 766
  • Total Sq Ft: 2481
  • Year Built: 1964
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • In Law Access: Lower Level
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS friendly
  • Financing Used: Cash
  • In Law Apartment: Possible
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full, Heated, Storage, Interior Access, Partially Finished, Walk-out, Liveable Space
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Central Vacuum, Open Floor Plan, Security System
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Workshop
  • Laundry Room Location: lower level
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Shed, Deck, Gutters, Lighting, Stone Wall
  • Exterior Siding: Shingle, Cedar
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Tank Size Unknown
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 2.05
  • Lot Description: Lightly Wooded Level Lot
  • Flood Zone: No
  • Zoning: RU-1
  • Parcel #: 1160631

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6336

MLS Schools

  • Elementary School: Kathleen H. Ryerson
  • Middle Jr High School: Brown
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Sep 24, 2024
Sold by
Gedney Ricard A Est and Gedney
Bought by
Borgese Vincent and Capuano Donna
Seller's Agent
Sheila Tinn-Murphy
Berkshire Hathaway NE Prop.
Buyer's Agent
Stephen Burke
Coldwell Banker Realty
List Price
$459,000
Sold Price
$577,500
Premium/Discount to List
$118,500
25.82%
Views
117
Current Estimated Value
$605,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,873
Avg. Annual Appreciation
3.19%

Purchase Details

Closed on
Feb 16, 2016
Sold by
Gedney Richard R and Gedney Patricia P
Bought by
Gedney Richard R and Gedney Patricia P

Purchase Details

Closed on
Jan 3, 1997
Sold by
Auer Frederick L
Bought by
Gedney Richard R and Gedney Patricia P

Purchase Details

Closed on
Dec 28, 1989
Sold by
Bracken Edward J
Bought by
Auer Frederick L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
9.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Borgese Vincent $577,500 None Available
Borgese Vincent $577,500 None Available
Gedney Richard R -- --
Gedney Richard R $155,000 --
Gedney Richard R -- --
Gedney Richard R $155,000 --
Auer Frederick L $168,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Auer Frederick L $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $577,500 +25.8% $233 / Sq Ft
08/22/2024 08/22/24 For Sale $459,000 -- $185 / Sq Ft
Source: SmartMLS

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 $6,460 $288,000 $114,300 $173,700
2024 $6,336 $288,000 $114,300 $173,700
2023 $5,565 $185,700 $87,900 $97,800
2022 $5,461 $185,700 $87,900 $97,800
2021 $5,357 $185,700 $87,900 $97,800
2020 $5,265 $185,700 $87,900 $97,800
2019 $5,265 $185,700 $87,900 $97,800
2018 $5,672 $202,300 $90,500 $111,800
2017 $5,523 $202,300 $90,500 $111,800
2016 $5,719 $215,900 $104,100 $111,800
2015 $5,562 $215,900 $104,100 $111,800
2014 $5,882 $233,700 $134,100 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24040428

SmartMLS

APN: MADI-000141-000000-000045

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