Seller's Agent in 2023
Sue Woods
William Pitt
(203) 215-8676
45 in this area
83 Total Sales
398 Summer Hill Rd Madison, CT 06443
Estimated Value: $849,000 - $1,083,000
4
Beds
2.5
Baths
3,470
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- In Ground Pool
- 2.78 Acre Lot
- Deck
- Walter C. Polson Upper Middle School Rated A
- Colonial Architecture
- Wetlands on Lot
About This Home
As of June 2023This stylish Colonial home, with 4 bedrooms/2.1 baths, is nestled in a private setting, set back from the road. In addition to its tranquil location, the impeccably maintained, 2970-sq-ft home’s many custom features truly set it apart. That’s evident when you step into the two-story foyer and admire the pristine hardwood flooring (throughout main and second floors) and unique curved wall. To one side is the living room, featuring crown molding and granite-framed, wood-burning fireplace. To the other side is the home office and sunken family room, with built-in bookcases and fireplace. Straight ahead is the elegant dining room, with raised-panel molding and bay window. Adjacent is the remodeled kitchen, featuring center island, eat-in area, granite countertops, double wall ovens, and stainless-steel appliances. This leads into the sunny 3-season porch with walls of windows and overlooking the AZEK deck, landscaped back yard and kidney-shaped Gunite pool. The main floor also includes a half bath, laundry room, and access to the deck and two-car garage. The second floor includes the primary suite, with walk-in closet and bath with separate vanities and walk-in shower. The other three bedrooms share a full bath with double sinks and tub/shower. Great bonus space in the partially finished basement with three separate storage areas. Newer hot water heater, oil tank, water treatment tank and updated electrical panel box. Added extras: central vac and portable generator hook-up.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0757106 Listed on: 04/04/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,642
Year Built
- Built in 1988
Lot Details
- 2.78 Acre Lot
- Open Lot
- Many Trees
- Garden
- Property is zoned RU-1
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Radon Mitigation System
Interior Spaces
- 2 Fireplaces
- Entrance Foyer
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
- Home Security System
Kitchen
- Built-In Oven
- Electric Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Parking Deck
- Automatic Garage Door Opener
Pool
- In Ground Pool
- Gunite Pool
Outdoor Features
- Wetlands on Lot
- Deck
- Enclosed Patio or Porch
- Exterior Lighting
Location
- Flood Zone Lot
- Property is near golf course and shops
Schools
- Daniel Hand High School
Utilities
- Central Air
- Heating System Uses Oil
- Private Company Owned Well
- Electric Water Heater
- Fuel Tank Located in Basement
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2023
Closed on
Jun 29, 2023
Sold by
Vannelli Ft and Vannelli
Bought by
Lofaro Matthew E and Lofaro Margaret A
Seller's Agent
Sue Woods
William Pitt Sotheby's Int'l
Buyer's Agent
Heidi DeRusso
Coldwell Banker Realty
List Price
$819,000
Sold Price
$850,000
Premium/Discount to List
$31,000
3.79%
Views
45
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
$106,114
Avg. Annual Appreciation
4.67%
Original Mortgage
$475,000
Outstanding Balance
$463,199
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$492,915
Purchase Details
Closed on
Aug 13, 2007
Sold by
Cassanova Vincent M and Cassanova Virginia A
Bought by
Vanelli Francesco and Vanelli Johanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 8, 2000
Sold by
Gammons Robert C and Gammons Virginia F
Bought by
Knight James R
Purchase Details
Closed on
Oct 3, 1988
Sold by
Structra Inc
Bought by
Gamons Robert C
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Lofaro Matthew E | $850,000 | None Available | |
| Vanelli Francesco | $711,000 | -- | |
| Knight James R | $488,000 | -- | |
| Gamons Robert C | $489,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lofaro Matthew E | $475,000 | |
| Previous Owner | Gamons Robert C | $300,000 | |
| Previous Owner | Gamons Robert C | $401,800 | |
| Previous Owner | Gamons Robert C | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2023 06/29/23 | Sold | $850,000 | +3.8% | $245 / Sq Ft |
| 04/07/2023 04/07/23 | Pending | -- | -- | -- |
| 04/04/2023 04/04/23 | For Sale | $819,000 | -- | $236 / 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 | $12,841 | $572,500 | $138,400 | $434,100 |
| 2024 | $12,595 | $572,500 | $138,400 | $434,100 |
| 2023 | $10,642 | $355,100 | $106,400 | $248,700 |
| 2022 | $10,443 | $355,100 | $106,400 | $248,700 |
| 2021 | $10,245 | $355,100 | $106,400 | $248,700 |
| 2020 | $10,067 | $355,100 | $106,400 | $248,700 |
| 2019 | $10,067 | $355,100 | $106,400 | $248,700 |
| 2018 | $10,333 | $368,500 | $109,700 | $258,800 |
| 2017 | $10,060 | $368,500 | $109,700 | $258,800 |
| 2016 | $9,762 | $368,500 | $109,700 | $258,800 |
| 2015 | $9,493 | $368,500 | $109,700 | $258,800 |
| 2014 | $12,132 | $482,000 | $153,900 | $328,100 |
Source: Public Records
Agents Affiliated with this Home
-
Sue Woods
-
Heidi DeRusso
Buyer's Agent in 2023
Heidi DeRusso
Coldwell Banker Realty
(203) 444-4075
15 in this area
127 Total Sales
Map
Source: SmartMLS
MLS Number: 170559089
APN: MADI-000131-000000-000002-000002
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