NOT LISTED FOR SALE

38 E Wharf Rd Madison, CT 06443

Estimated Value: $1,293,000 - $1,416,000

4 Beds
2.5 Baths
2,230 Sq Ft
$611/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $850,000 $381 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,830/month

27 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Walter C. Polson Upper Middle School Rated A
  • Property is near public transit
  • No HOA

About This Home

As of May 2021

Due to tenant situation SHOWINGS ARE AVAILABLE ONLY between 1-4pm on Saturdays and Sundays. NO EXCEPTIONS. South of the Boston Post Road in an area of high value homes
and a short walk to both East Wharf beach and the village, this 1930's
charmer awaits your touch. An inviting family room with built-ins and doors leading
to an awning covered deck overlooks the spacious backyard (with potential
for a pool). The living room has built in bookshelves and many windows. The
kitchen features hardwood floors, stainless steel appliances and granite counter tops
and is adjacent to the dining room. The second floor has three bedrooms with a
fourth bedroom on the third floor. The basement has been
partially finished and also provides ample storage space. There is a tenant in place
so showings are ONLY available on Saturdays and Sundays between 1-4 pm.
Please wear a mask when visiting this delightful property.

Last Agent to Sell the Property

Margaret Muir

William Pitt Sotheby's Int'l License #RES.0485255 Listed on: 03/23/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Susan Clifford

Coldwell Banker Realty License #RES.0758951

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,471

Year Built

  • Built in 1935

Lot Details

  • 0.37 Acre Lot
  • Level Lot
  • Property is zoned R-2

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,230 Sq Ft Home
  • Awning
  • Storage In Attic

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer

Partially Finished Basement

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

Parking

  • Parking Deck
  • Private Driveway
  • Paved Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,471

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2230
  • Public Record Living Room Sq Ft: 2230
  • Total Sq Ft: 2230
  • Year Built: 1935
  • Nearby Amenities: Library, Public Transportation, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4130
  • Directions: Route 1 to East Wharf Road to #38 on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Storage Space
  • Basement Description: Full With Walk-Out, Partially Finished, Heated, Storage
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Awnings, Deck
  • Exterior Siding: Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved
  • Driveway Type: Private, Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.3700
  • Lot Description: Level Lot
  • Zoning: R-2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 15471
  • Total Assessed Value: 545700
  • Mil Rate Base: 28.350
  • Mil Rate Total: 28.350
  • Assessor Parcel Number: 1154896

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 24, 2021
Sold by
Millhiser Timothy
Bought by
Chiarmonte Michael and Chiaramonte Micaela
Seller's Agent
Margaret Muir
William Pitt Sotheby's Int'l
Buyer's Agent
Susan Clifford
Coldwell Banker Realty
List Price
$865,000
Sold Price
$850,000
Premium/Discount to List
-$15,000
-1.73%
Current Estimated Value
$1,362,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,745
Avg. Annual Appreciation
11.35%
Original Mortgage
$680,000
Outstanding Balance
$615,286
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$747,459

Purchase Details

Listed on
Feb 12, 2015
Closed on
Jul 10, 2015
Sold by
38 East Wharf Llc
Bought by
Millhiser Timothy
Seller's Agent
Heidi Palmer
William Pitt Sotheby's Int'l
Buyer's Agent
Margaret Muir
William Pitt Sotheby's Int'l
List Price
$749,900
Sold Price
$749,000
Premium/Discount to List
-$900
-0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%

Purchase Details

Listed on
Feb 12, 2015
Closed on
May 26, 2015
Sold by
Geisler Thomas M and Geisler Sarah F
Bought by
East Wharf Llc
Seller's Agent
Heidi Palmer
William Pitt Sotheby's Int'l
Buyer's Agent
Margaret Muir
William Pitt Sotheby's Int'l
List Price
$749,900
Sold Price
$749,000
Premium/Discount to List
-$900
-0.12%

Purchase Details

Closed on
Aug 30, 1988
Sold by
Lieberman Jeffrey A
Bought by
Geisler Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
10.36%
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
Chiarmonte Michael $850,000 None Available
Millhiser Timothy -- --
East Wharf Llc $749,000 --
Geisler Thomas M $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiarmonte Michael $680,000
Previous Owner Geisler Thomas M $400,000
Previous Owner Geisler Thomas M $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2021 05/24/21 Sold $850,000 -1.7% $381 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $865,000 +15.5% $388 / Sq Ft
05/22/2015 05/22/15 Sold $749,000 -0.1% $330 / Sq Ft View Prior Sale
02/12/2015 02/12/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $749,900 -- $331 / 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 $19,256 $858,500 $589,700 $268,800
2024 $18,887 $858,500 $589,700 $268,800
2023 $16,355 $545,700 $410,800 $134,900
2022 $16,049 $545,700 $410,800 $134,900
2021 $15,743 $545,700 $410,800 $134,900
2020 $15,471 $545,700 $410,800 $134,900
2019 $15,471 $545,700 $410,800 $134,900
2018 $14,858 $529,900 $385,000 $144,900
2017 $14,466 $529,900 $385,000 $144,900
2016 $14,037 $529,900 $385,000 $144,900
2015 $13,650 $529,900 $385,000 $144,900
2014 $12,520 $497,400 $333,300 $164,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170379666

SmartMLS

APN: MADI-000028-000000-000039