NOT LISTED FOR SALE

424 Horse Pond Rd Madison, CT 06443

Estimated Value: $488,000 - $571,000

2.25 Acres
$236,938 Price per Acre
98,010 Sq Ft Lot

Last Sold September 04, 2015

Last sale price $225,000 $148 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,351/month

173 Days on Market

Highlights

  • 2.25 Acre Lot
  • No HOA
  • Open Lot
  • Walter C. Polson Upper Middle School Rated A

About This Lot

As of September 2015

WONDERFUL 2.25 ACRE LOT! CURRENTLY HAS A CAPE & BARN ON PROPERTY WHICH HAS POTENTIAL FOR REMODELING, OR REMOVAL & STARTING OVER AND BUILD YOUR DREAM HOME!!

Last Agent to Sell the Property

Patrick Combs

Dan Combs Real Estate License #REB.0751326 Listed on: 02/18/2015

Last Buyer's Agent

Cathy Lynch

Coldwell Banker Realty License #RES.0760078

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,898

Lot Details

  • 2.25 Acre Lot
  • Open Lot

Interior Spaces

  • 1,524 Sq Ft Home

Schools

  • Jeffrey Elementary School
  • Polson Middle School
  • Brown Middle School
  • Hand High School

Utilities

  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$4,898

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 1524
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: ROUTE 79 TO HORSEPOND RD.-THIS PROPERTY IS ON THE CORNER OF GREEN HILL & HORSEPOND-DRIVEWAY/OPENING IN FENCE IS ON GREEN HILL.
  • Special Features: None

Exterior Features

  • Road Frontage Description: Paved Road, Municipal Street

Utilities

  • Fuel Tank Location: Above Ground
  • Water Source: Private Well
  • Sewer: Cesspool, Septic Required
  • Utilities Available: Cable, Electric, Telephone
  • Septic Approval: Yes
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Brown

Lot Info

  • Acres: 2.2500
  • Lot Description: Open Lot
  • Lot Improvements: Barn(S), House(S)
  • Subdividable Ynu: Unknown
  • Zoning: Residential

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 4898
  • Assessor Parcel Number: 999999999

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2015
Closed on
Sep 8, 2015
Sold by
Marchetti Lisa B and Bertolli Eugene R
Bought by
Somers Geraldine P and Lenehan Aaron P
Seller's Agent
Patrick Combs
Dan Combs Real Estate
Buyer's Agent
Cathy Lynch
Coldwell Banker Realty
List Price
$279,500
Sold Price
$225,000
Premium/Discount to List
-$54,500
-19.5%
Current Estimated Value
$533,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,111
Avg. Annual Appreciation
8.78%
Original Mortgage
$202,500
Interest Rate
4.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Somers Geraldine P $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Somers Geraldine P $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2015 09/04/15 Sold $225,000 0.0% $148 / Sq Ft
09/04/2015 09/04/15 Sold $225,000 -19.5% $148 / Sq Ft View Prior Sale
08/10/2015 08/10/15 Pending -- -- --
07/20/2015 07/20/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $279,500 -8.3% $183 / Sq Ft
07/20/2014 07/20/14 For Sale $304,900 -- $200 / 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 $6,527 $291,000 $123,900 $167,100
2024 $6,402 $291,000 $123,900 $167,100
2023 $5,766 $192,400 $95,500 $96,900
2022 $5,658 $192,400 $95,500 $96,900
2021 $5,551 $192,400 $95,500 $96,900
2020 $5,455 $192,400 $95,500 $96,900
2019 $5,455 $192,400 $95,500 $96,900
2018 $5,457 $194,600 $92,900 $101,700
2017 $5,313 $194,600 $92,900 $101,700
2016 $5,155 $194,600 $92,900 $101,700
2015 $5,013 $194,600 $92,900 $101,700
2014 $6,318 $251,000 $152,100 $98,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10022771

SmartMLS

APN: MADI-000084-000000-000040