NOT LISTED FOR SALE

32 Lakewood Dr Madison, CT 06443

Estimated Value: $750,000 - $787,359

3 Beds
4 Baths
3,918 Sq Ft
$194/Sq Ft Est. Value

Last Sold January 10, 2025

Last sale price $740,000 $189 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,130/month

97 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Attic
  • Walter C. Polson Upper Middle School Rated A
  • Deck
  • French Doors

About This Home

As of January 2025

Home for the Holidays, enjoy an early holiday gift of $10K back for closing costs, prepaids or rate reduction at closing! Beautifully renovated home, completed in 2022, located on a picturesque 1.87 acre parcel in North Madison. This 3-bedroom, 2 full and 2 half bath home offers modern luxury and timeless charm. The interior features high-end amenities throughout, including custom built-ins and light hardwood floors. The heart of the home is the exquisite kitchen, boasting an oversized island, stainless steel appliances, granite counters, and a natural stone backsplash. The kitchen flows seamlessly into the custom-paneled dining room, sunlit family room, and formal living room, creating a harmonious and open living space. The main level also includes a spacious mudroom with built-in storage, a laundry room, a half bath, and a versatile flex room that can serve as an office or den. Upstairs, the expansive primary suite features two luxurious walk-in closets and an ensuite bathroom with oversized shower and double sinks. The finished basement has an open floor plan with added space for a guest room and a half bath. This home features new windows throughout, a newer roof, and an upgraded heating and cooling system for year-round comfort. With 200-amp electrical service and generator readiness, this property is designed for convenience and peace of mind. The property is set off Rte 79 in a peaceful quiet setting but just 15 minutes from all of the conveniences.

Last Agent to Sell the Property

Cheryl Bertini

Redfin Corporation License #RES.0810926 Listed on: 09/17/2024

Redfin Corporation

Last Buyer's Agent

Nicole Acerra-Belcher

Coldwell Banker Realty License #RES.0807845

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,340

Year Built

  • Built in 1987

Lot Details

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

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • French Doors
  • Attic or Crawl Hatchway Insulated
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

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

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Association fees include snow removal, road maintenance
  • Property managed by Lakewood Association

Listing and Financial Details

  • Exclusions: Please see inclusion exclusion
  • Assessor Parcel Number 1161095

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,340

Year Built

Built in 1987

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2968
  • Sq Ft Est Heated Below Grade: 950
  • Total Sq Ft: 3918
  • Year Built: 1987
  • New Construction: No/Resale
  • Nearby Amenities: Park
  • Exclusions: Please see inclusion exclusion
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Please use GPS.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2968
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Heated, Sump Pump, Fully Finished, Cooled, Interior Access, Full With Hatchway
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 32

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Stone Wall, French Doors
  • Exterior Siding: Vinyl Siding
  • 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: Ceiling Fans, Central Air
  • Heat Type: Hydro Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Electric, Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Snow Removal, Road Maintenance
  • HOA Fees: 500
  • HOA Fee Frequency: Annually
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Valerie Varenelli
  • Property Mgt Company Name: Lakewood Association
  • Property Mgt Phone: (203) 725-5758

Schools

  • Elementary School: Kathleen H. Ryerson
  • Middle School: Per Board of Ed
  • High School: Daniel Hand
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 1.87
  • Lot Description: Treed On Cul-De-Sac
  • Zoning: RU-1
  • Parcel #: 1161095

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 10340
  • Total Assessed Value: 470000
  • Mil Rate Total: 22

MLS Schools

  • Elementary School: Kathleen H. Ryerson
  • Middle Jr High School: Per Board of Ed
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Jan 10, 2025
Sold by
Makhijani Bharatlal M and Makhijani Sunita B
Bought by
Renihan Zachary and Derosa Gabrielle
Seller's Agent
Cheryl Bertini
Redfin Corporation
Buyer's Agent
Nicole Acerra-Belcher
Coldwell Banker Realty
List Price
$799,900
Sold Price
$740,000
Premium/Discount to List
-$59,900
-7.49%
Views
182
Current Estimated Value
$759,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,840
Avg. Annual Appreciation
5.32%
Original Mortgage
$592,000
Outstanding Balance
$588,934
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$170,906

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 30, 2022
Sold by
Loomis Group Llc
Bought by
Makhijani Bharatlal M and Makhijani Sunita
Seller's Agent
Kris Lippi
Get Listed Realty
Buyer's Agent
Debra Scarpace
Marino Realty LLC
List Price
$699,900
Sold Price
$700,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$350,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jun 25, 2021
Sold by
Hunt Cathy L Est and Hunt
Bought by
Loomis Group Llc
Seller's Agent
Lisa Daniele
William Raveis Real Estate
Buyer's Agent
Debbie Huscher
Real Broker CT, LLC
List Price
$429,000
Sold Price
$380,000
Premium/Discount to List
-$49,000
-11.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.10%
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Renihan Zachary $740,000 None Available
Renihan Zachary $740,000 None Available
Makhijani Bharatlal M $700,000 None Available
Loomis Group Llc $372,500 None Available
Loomis Group Llc $372,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renihan Zachary $592,000
Closed Renihan Zachary $592,000
Previous Owner Makhijani Bharatlal M $350,000
Previous Owner Loomis Group Llc $420,000
Previous Owner Hunt James W $87,295
Previous Owner Hunt James W $104,000
Previous Owner Hunt James W $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $740,000 -2.6% $189 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
11/12/2024 11/12/24 Price Changed $760,000 -2.6% $194 / Sq Ft
10/01/2024 10/01/24 Price Changed $779,900 -2.5% $199 / Sq Ft
09/20/2024 09/20/24 For Sale $799,900 +14.3% $204 / Sq Ft
06/30/2022 06/30/22 Sold $700,000 0.0% $179 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $699,900 +84.2% $179 / Sq Ft
06/25/2021 06/25/21 Sold $380,000 -11.4% $128 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $429,000 -- $145 / 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
2025 $10,542 $470,000 $118,000 $352,000
2024 $10,340 $470,000 $118,000 $352,000
2023 $9,635 $321,500 $90,800 $230,700
2022 $8,476 $288,200 $90,800 $197,400
2021 $8,315 $288,200 $90,800 $197,400
2020 $8,170 $288,200 $90,800 $197,400
2019 $8,170 $288,200 $90,800 $197,400
2018 $8,734 $311,500 $93,400 $218,100
2017 $8,504 $311,500 $93,400 $218,100
2016 $8,252 $311,500 $93,400 $218,100
2015 $8,024 $311,500 $93,400 $218,100
2014 $9,031 $358,800 $147,700 $211,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24046705

SmartMLS

APN: MADI-000156-000000-000004-000002