NOT LISTED FOR SALE

4 Toffee Ln Madison, CT 06443

Estimated Value: $1,472,000 - $1,610,145

4 Beds
2.5 Baths
2,296 Sq Ft
$670/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $1,406,000 $612 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $10,090/month

2 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • 1 Fireplace
  • Walter C. Polson Upper Middle School Rated A
  • Attic
  • Balcony

About This Home

As of April 2023

**Calling for Highest and Best offers by 9 PM Sunday March 19. 2 years young, this charming, 4-bedroom home in the Lee Manor Association offers carefree, coastal living. The sunny main living area has a desirable open floor plan w/tall ceilings, beautiful trim work and a gas fireplace faced w/stone. The light bright kitchen has quartz countertops, tile backsplash, a roomy island w/seating, and stainless steel appliances. The primary bedroom has views of Long Island Sound/Faulkner Island Lighthouse from its balcony. There is a large walk-in closet, full bath w/double sinks, soaking tub, and shower. The 2nd bedroom also offers a southerly water view from its balcony. The remainder of the 2nd floor is finished w/2 additional bedrooms and a shared full bath that houses the laundry. There is a climate-controlled 1-car garage that is as charming as the rest of the home w/nautical details, shiplap, and new maintenance-free epoxy coated flooring. The new custom paver driveway can accommodate 4 cars. The exterior is fully-fenced and offers bluestone patio/walkway, outdoor shower, and prof/mature landscaping that blooms beautifully all spring/summer. Additionally, there is a custom shed created by Atlas to match the home. The leased whole-house generator can be assumed by new owner. The home has a monitored security system and separate external 4K, hardwired video surveillance cameras that connect and record to a monitor inside the house.

Last Agent to Sell the Property

Dana Weinstein

Coldwell Banker Realty License #RES.0771655 Listed on: 03/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Lauren Iraeta

KW Legacy Partners License #RES.0780591

KW Legacy Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,593

Year Built

  • Built in 2020

Lot Details

  • 8,276 Sq Ft Lot
  • Property is zoned R-5

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding
  • Masonry

Interior Spaces

  • 2,296 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Range
  • Dishwasher
  • Smart Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Crawl Space

Home Security

  • Home Security System
  • Smart Locks

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Balcony
  • Patio
  • Shed
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Jm Jeffrey Elementary School
  • Polson Middle School
  • Daniel Hand High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Programmable Thermostat
  • Electric Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Community Details

  • Association fees include lake/beach access

Listing and Financial Details

  • Exclusions: Playscape
  • Assessor Parcel Number 1153858

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,593

Year Built

Built in 2020

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: 2296
  • Total Sq Ft: 2296
  • Year Built: 2020
  • New Construction: No/Resale
  • Exclusions: Playscape
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3788
  • Directions: Neck Road and left on Taylor Avenue to Toffee Lane
  • Financing Used: Assumed Conventional
  • Living Area Sq Ft Per Public Record: 2296
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space, Interior Access
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan, Security System
  • Appliances: Gas Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: Laundy in second floor shared bath
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Home Automation: Appliances, Lock(s), Security System
  • Street Number Modifier: 4

Exterior Features

  • Exterior Features: Balcony, Gutters, Patio, Shed
  • Exterior Siding: Shingle, Other
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights View Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Private
  • Total Parking Spaces: 4
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas, Hot Air, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 500
  • HOA Fee Frequency: Annually

Schools

  • Elementary School: JM Jeffrey
  • Middle School: Polson
  • High School: Daniel Hand

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 0.19
  • Lot Description: In Flood Zone Level Lot Fence - Full
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: R-5
  • Parcel #: 1153858

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 13593
  • Total Assessed Value: 462200
  • Mil Rate Total: 29.41

MLS Schools

  • Elementary School: JM Jeffrey
  • Middle Jr High School: Polson
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Apr 21, 2023
Sold by
Chapman Christopher N and Chapman Jamie M
Bought by
Sams Benjamin B and Sams Hilary K
Seller's Agent
Dana Weinstein
Coldwell Banker Realty
Buyer's Agent
Lauren Iraeta
KW Legacy Partners
List Price
$1,350,000
Sold Price
$1,406,000
Premium/Discount to List
$56,000
4.15%
Total Days on Market
2
Views
20
Current Estimated Value
$1,539,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,382
Avg. Annual Appreciation
4.37%
Original Mortgage
$1,000,000
Outstanding Balance
$971,715
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$567,667

Purchase Details

Closed on
Nov 30, 2020
Sold by
Petrucelli Ronald
Bought by
Chapman Christopher N and Chapman Jamie M

Purchase Details

Listed on
Jan 3, 2014
Closed on
Apr 22, 2014
Sold by
Wells Fargo Bank Na
Bought by
Petrucelli Ronald
Seller's Agent
Paul Thompson
Sellsomeproperty.com
Buyer's Agent
Paul Thompson
Sellsomeproperty.com
List Price
$399,900
Sold Price
$295,000
Premium/Discount to List
-$104,900
-26.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.99%

Purchase Details

Closed on
Aug 5, 2013
Sold by
Dimeo Pasquale P
Bought by
Wachovia Mtg

Purchase Details

Closed on
Jul 31, 2007
Sold by
Pimitri Judi
Bought by
Dimeo Pasquale P and Dimeo Roberta C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.71%
Source: Public Records

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Range of Values:

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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
Sams Benjamin B $1,406,000 None Available
Chapman Christopher N $960,000 None Available
Petrucelli Ronald $295 --
Wachovia Mtg -- --
Dimeo Pasquale P $589,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sams Benjamin B $1,000,000
Previous Owner Dimeo Pasquale P $600,000
Previous Owner Dimeo Pasquale P $442,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $1,406,000 +4.1% $612 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $1,350,000 +357.6% $588 / Sq Ft
04/17/2014 04/17/14 Sold $295,000 -26.2% $207 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $399,900 -- $280 / 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
2024 $16,885 $767,500 $307,800 $459,700
2023 $13,852 $462,200 $218,900 $243,300
2022 $13,593 $462,200 $218,900 $243,300
2021 $13,334 $462,200 $218,900 $243,300
2020 $10,396 $366,700 $218,900 $147,800
2019 $8,661 $305,500 $218,900 $86,600
2018 $4,868 $173,600 $173,600 $0
2017 $7,019 $257,100 $173,600 $83,500
2016 $6,811 $257,100 $173,600 $83,500
2015 $6,623 $257,100 $173,600 $83,500
2014 $10,904 $433,200 $339,900 $93,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170553176

SmartMLS

APN: MADI-000013-000000-000123