NOT LISTED FOR SALE

418R Madison Rd Durham, CT 06422

73.64 Acres
-- Price per Acre
3,207,758 Sq Ft Lot

Last Sold September 14, 2022

Last sale price $825,000

350 Days on Market

Highlights

  • 73.64 Acre Lot
  • No HOA
  • Open Lot
  • Wetlands on Lot
  • Many Trees

About This Lot

As of September 2022

418R Madison Road is a highly desirable development site available in Durham on Madison Road (Route 79). The property is a 73.64+/- acre site just south of the center of Durham and an easy drive to Madison's Town Center. The site has previous approvals for 46 detached condominium units of age restricted housing. New approvals would be necessary for completion of the development. Extensive architectural and engineering design work has been drafted. The site has some of the nicest vistas in the area and would be suitable for residential development. The entire site is available for $1,100,000. The property is located within the south-central portion of Durham and fronts along the easterly side of Madison Road (Route 79). The land area is comprised of two parcels that combine to offer 73.64 acres. The land offers an irregular configuration. The topography is varied throughout and, contains scattered, designated inland-wetlands. A pond is located on the larger of the two parcels along with a conservation easement that forms the northerly border. This area accounts for 6 acres. The parcel falls within the FEMA Zone X - areas outside the 500 year flood plain. There is a dilapidated 2800 square foot structure located on the property.

Last Agent to Sell the Property

John Campbell

Compass Connecticut, LLC License #RES.0769152 Listed on: 09/10/2021

Compass Connecticut, LLC

Last Buyer's Agent

Terra Mennone

Coldwell Banker Realty License #RES.0812570

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,632

Lot Details

  • 73.64 Acre Lot
  • Property fronts a state road
  • Open Lot
  • Many Trees
  • 2 Lots in the community
  • Property is zoned FR

Utilities

  • Private Company Owned Well

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$11,632

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Route 79 North to Durham. Approximately 12 miles from Madison Town Center
  • Special Features: None

Interior Features

  • Street Number Modifier: 418R

Exterior Features

  • Road Frontage Description: State Road
  • Road Frontage Approximate: 685

Utilities

  • Water Source: Public Water In Street, Private Well
  • Sewer: Septic Required
  • Utilities Available: Electric Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

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: 73.6400
  • Lot Description: Open Lot, May be Subdividable, Some Wetlands, Treed
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot, House(S)
  • Lots Number Of: 2
  • Subdividable Ynu: Yes
  • Zoning: FR

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 11632
  • Total Assessed Value: 336490
  • Mil Rate Base: 34.570
  • Mil Rate Total: 34.570
  • Assessor Parcel Number: 964997

MLS Schools

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

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

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $825,000 -25.0% --
08/26/2022 08/26/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $1,100,000 +33.3% --
06/30/2022 06/30/22 Off Market $825,000 -- --
06/12/2022 06/12/22 For Sale $1,100,000 +33.3% --
06/11/2022 06/11/22 Off Market $825,000 -- --
05/29/2022 05/29/22 For Sale $1,100,000 +33.3% --
05/28/2022 05/28/22 Off Market $825,000 -- --
05/17/2022 05/17/22 For Sale $1,100,000 +33.3% --
05/14/2022 05/14/22 Off Market $825,000 -- --
03/13/2022 03/13/22 For Sale $1,100,000 +33.3% --
03/12/2022 03/12/22 Off Market $825,000 -- --
02/20/2022 02/20/22 For Sale $1,100,000 +33.3% --
02/19/2022 02/19/22 Off Market $825,000 -- --
01/30/2022 01/30/22 For Sale $1,100,000 +33.3% --
01/29/2022 01/29/22 Off Market $825,000 -- --
01/08/2022 01/08/22 For Sale $1,100,000 +33.3% --
01/07/2022 01/07/22 Off Market $825,000 -- --
09/10/2021 09/10/21 For Sale $1,100,000 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170436209

SmartMLS