Seller's Agent in 2015
Lisa Rollins Team
Compass Connecticut, LLC
(203) 671-0295
25 in this area
78 Total Sales
40 Old 79 Madison, CT 06443
Estimated Value: $649,000 - $1,101,000
3
Beds
3.5
Baths
1,960
Sq Ft
$405/Sq Ft
Est. Value
Highlights
- Water Views
- Colonial Architecture
- Barn or Farm Building
- Walter C. Polson Upper Middle School Rated A
- Deck
- Partially Wooded Lot
About This Home
As of August 2015Unique offering walk or bike to village, train station and beach.
Great weekend home or condo alternative. This former barn (a Madison historical property dating back to 1889), is a charming home boasting wide plank floors and visible rough hewn timber throughout. Many quality improvements made throughout the years are superior to much of the competing market including Gedney kitchen, multiple fireplaces and central air.
Master and guest suite balconies, screened porch and brick terrace all overlook lovely perennial gardens and fountains. Extend your evenings outdoors and enjoy the warmth of your stone fireplace.
All mechanicals are updated and interior finishes have been tastefully designed. A must see!
Last Agent to Sell the Property
Compass Connecticut, LLC License #RES.0766380 Listed on: 05/01/2015
Last Buyer's Agent
Jean Gerrity
William Pitt Sotheby's Int'l License #RES.0256556
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,252
Year Built
- Built in 1898
Lot Details
- 5,837 Sq Ft Lot
- Lot Has A Rolling Slope
- Partially Wooded Lot
- Garden
Home Design
- Colonial Architecture
- Wood Siding
Interior Spaces
- 1,960 Sq Ft Home
- Sound System
- Ceiling Fan
- 2 Fireplaces
- French Doors
- Water Views
- Attic or Crawl Hatchway Insulated
Kitchen
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- Wine Cooler
Bedrooms and Bathrooms
- 3 Bedrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Partial Basement
Parking
- 2 Car Garage
- Parking Deck
- Driveway
- Parking Garage Space
Outdoor Features
- Balcony
- Deck
- Enclosed Patio or Porch
- Exterior Lighting
- Outdoor Storage
- Breezeway
Schools
- Pboe Elementary And Middle School
- Daniel Hand High School
Farming
- Barn or Farm Building
Utilities
- Cooling System Mounted In Outer Wall Opening
- Humidifier
- Heating System Uses Oil
- Heating System Uses Propane
- Electric Water Heater
- Fuel Tank Located in Basement
Community Details
- No Home Owners Association
- Community Garden
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2015
Closed on
Aug 18, 2015
Sold by
Smith Timothy L and Smith Susan R
Bought by
Gresham Lisa C
Seller's Agent
Lisa Rollins Team
Compass Connecticut, LLC
Buyer's Agent
Jean Gerrity
William Pitt Sotheby's Int'l
List Price
$445,000
Sold Price
$420,000
Premium/Discount to List
-$25,000
-5.62%
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
$374,232
Avg. Annual Appreciation
6.30%
Original Mortgage
$336,000
Outstanding Balance
$264,711
Interest Rate
4.08%
Estimated Equity
$529,521
Purchase Details
Closed on
Jun 29, 1998
Sold by
Ghoreyeb Thomas F and Ghoreyeb Marybeth
Bought by
Smith Timothy L and Fetter Susan R
Purchase Details
Closed on
Mar 16, 1995
Sold by
National Mtg Co
Bought by
Ghoreyeb Thomas and Ghoreyeb Marybeth
Purchase Details
Closed on
Dec 22, 1989
Sold by
Denison William M
Bought by
Mcmahon Michael S
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 |
|---|---|---|---|
| Gresham Lisa C | $420,000 | -- | |
| Smith Timothy L | $232,500 | -- | |
| Ghoreyeb Thomas | $149,900 | -- | |
| Mcmahon Michael S | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcmahon Michael S | $336,000 | |
| Previous Owner | Mcmahon Michael S | $276,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2015 08/13/15 | Sold | $420,000 | -5.6% | $214 / Sq Ft |
| 06/30/2015 06/30/15 | Pending | -- | -- | -- |
| 05/01/2015 05/01/15 | For Sale | $445,000 | -- | $227 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $8,082 | $360,300 | $88,500 | $271,800 |
| 2024 | $7,927 | $360,300 | $88,500 | $271,800 |
| 2023 | $7,573 | $252,700 | $68,000 | $184,700 |
| 2022 | $7,432 | $252,700 | $68,000 | $184,700 |
| 2021 | $7,290 | $252,700 | $68,000 | $184,700 |
| 2020 | $7,164 | $252,700 | $68,000 | $184,700 |
| 2019 | $7,045 | $248,500 | $68,000 | $180,500 |
| 2018 | $6,965 | $248,400 | $74,200 | $174,200 |
| 2017 | $6,781 | $248,400 | $74,200 | $174,200 |
| 2016 | $6,580 | $248,400 | $74,200 | $174,200 |
| 2015 | $6,399 | $248,400 | $74,200 | $174,200 |
| 2014 | $7,058 | $280,400 | $109,100 | $171,300 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Rollins Team
-
J
Buyer's Agent in 2015
Jean Gerrity
William Pitt
-
Pam Kadamus
Buyer Co-Listing Agent in 2015
Pam Kadamus
William Pitt
(203) 464-3050
32 in this area
39 Total Sales
Map
Source: SmartMLS
MLS Number: N10041396
APN: MADI-000048-000000-000050
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