NOT LISTED FOR SALE

393 Race Hill Rd Madison, CT 06443

Estimated Value: $707,000 - $1,003,965

3 Beds
2.5 Baths
2,297 Sq Ft
$373/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $330,000 $144 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $5,638/month

116 Days on Market

Highlights

  • Home fronts a pond
  • Open Floorplan
  • Music or Sound Studio
  • Walter C. Polson Upper Middle School Rated A
  • Cape Cod Architecture
  • Deck

About This Home

As of February 2020

Feel like you are on vacation every day with this >2-acre lot that backs up to water company property. If you love peace & tranquility and still want a convenient location -nearby shopping, restaurants, Rt.1, Rt.80 and I91 this home is for you. This property is a dream for contractors, landscapers, car enthusiast or anyone that would love a 2-story garage (3 doors, 4 bays) with potential living space above (approx. 10 years old, separate utilities). Great entertaining home featuring an open floor plan with a beautiful two-story stone fireplace, first floor master suite, kitchen with granite, dining area and first floor laundry room all with a wraparound deck that spans both the house and garage overlooking a beautiful pond. Upstairs are two additional bedrooms; one is a suite with walk in closet and full bath. There is an open hallway that connects the bedrooms and overlooks the living space. The lower level offers additional space for a family room, office, gym or home theater and walks out to a patio area with views of the pond. Interior lot with a paved driveway with plenty of parking in and out of the garages. Take the 3D tour and come to see this lovely home!

Last Agent to Sell the Property

Lorrie Maiorano

Calcagni Real Estate License #REB.0792295 Listed on: 08/08/2019

Calcagni Real Estate

Last Buyer's Agent

Svetlana Goletz

Compass Connecticut, LLC License #RES.0775071

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,512

Year Built

  • Built in 1999

Lot Details

  • 2.01 Acre Lot
  • Home fronts a pond
  • Interior Lot
  • Partially Wooded Lot
  • Property is zoned RU-1

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,297 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Workshop
  • Storage In Attic
  • Home Security System
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Parking

  • 4 Car Detached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Wrap Around Balcony
  • Deck

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Music or Sound Studio

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,512

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod, Colonial
  • Sq Ft Est Heated Above Grade: 2297
  • Public Record Living Room Sq Ft: 2297
  • Total Sq Ft: 2297
  • Year Built: 1999
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 4796
  • Directions: Race Hill Rd - Long driveway
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Full With Walk-Out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan, Security System
  • Appliances: Oven/Range, Refrigerator
  • Additional Rooms: Foyer, Laundry Room, Music Room, Workshop
  • Attic: Yes
  • Street Number Modifier: 393

Exterior Features

  • Exterior Features: Deck, Wrap Around Deck
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond, Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 4
  • Driveway Type: Private

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 2.0100
  • Lot Description: Interior Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU-1

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 6512
  • Total Assessed Value: 229700
  • Mil Rate Base: 28.350
  • Mil Rate Total: 28.350
  • Assessor Parcel Number: 1160767

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Feb 13, 2020
Sold by
Donato Amy and Picard Thomas
Bought by
Poleschuk Margaret and Poleschuk Oleg
Seller's Agent
Lorrie Maiorano
Calcagni Real Estate
Buyer's Agent
Svetlana Goletz
Compass Connecticut, LLC
List Price
$449,900
Sold Price
$330,000
Premium/Discount to List
-$119,900
-26.65%
Current Estimated Value
$856,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,491
Avg. Annual Appreciation
18.50%
Original Mortgage
$264,000
Outstanding Balance
$233,754
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$622,737
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
Poleschuk Margaret $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poleschuk Margaret $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $330,000 -19.5% $144 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $409,900 -3.6% $178 / Sq Ft
08/26/2019 08/26/19 Price Changed $425,000 -5.5% $185 / Sq Ft
08/08/2019 08/08/19 For Sale $449,900 -- $196 / 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 $13,166 $587,000 $113,800 $473,200
2024 $9,456 $429,800 $113,800 $316,000
2023 $10,504 $350,500 $87,500 $263,000
2022 $9,638 $327,700 $87,500 $240,200
2021 $7,801 $270,400 $87,500 $182,900
2020 $6,512 $229,700 $87,500 $142,200
2019 $6,512 $229,700 $87,500 $142,200
2018 $6,951 $247,900 $90,100 $157,800
2017 $6,768 $247,900 $90,100 $157,800
2016 $6,567 $247,900 $90,100 $157,800
2015 $6,386 $247,900 $90,100 $157,800
2014 $7,531 $299,200 $121,700 $177,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170223876

SmartMLS

APN: MADI-000145-000000-000005-B000000