NOT LISTED FOR SALE

448 Durham Rd Madison, CT 06443

Estimated Value: $524,000 - $600,000

3 Beds
2 Baths
2,240 Sq Ft
$245/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $413,000 $184 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,417/month

58 Days on Market

Highlights

  • Property is near public transit
  • Ranch Style House
  • 1 Fireplace
  • Walter C. Polson Upper Middle School Rated A
  • Attic
  • No HOA

About This Home

As of January 2023

Come take a look at this spacious & tastefully updated ranch style home. Featuring an enormous, updated kitchen with a huge custom made island. Off of the kitchen is an expansive family room w rustic barn board creating a cozy yet roomy space. The family room gives access to the large screened in sun porch which is perfect for summertime entertaining. Use the stairs tucked into the corner of the family room to reach the garage, the just updated finished basement & the room currently used as a gym. Garage is extra deep providing great storage space. Back upstairs, on the other side of the kitchen you will find the formal dining room for those special occasions or for everyday use. The home features 3 bedrooms all with carpeting to keep your feet warm on those chilly mornings. The primary bedroom has its own en-suite bathroom with a brand new vanity. Back outside you will find a large yard, storage shed & plenty of driveway space for off street parking. There are brand new Harvey windows throughout, all new well equipment & a Vermont Casting fireplace insert to help with the home's efficiency. The home has been enjoyed by the current owners and is just waiting for you to fall in love. Leased solar panels & system to convey with the home. Sellers prefer a quick closing. BOM due to previous buyer wanting solar panels removed and date not available due to solar company. Seller to offer $4000 credit to cover new septic distribution box & other inspection items. Ask for details.

Last Agent to Sell the Property

Janet Cronin-Rumanoff

William Pitt Sotheby's Int'l License #RES.0768566 Listed on: 10/06/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Joseph DeFrancisco

RE/MAX Right Choice License #RES.0806037

RE/MAX Right Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,623

Year Built

  • Built in 1970

Lot Details

  • 1.16 Acre Lot
  • Level Lot
  • Garden
  • Property is zoned RU-1

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Thermal Windows
  • Screened Porch
  • Home Gym
  • Attic or Crawl Hatchway Insulated
  • Smart Thermostat

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Automatic Garage Door Opener
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutters

Schools

  • Daniel Hand High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Programmable Thermostat
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Garage

Additional Features

  • Heating system powered by passive solar
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Public Transportation

Listing and Financial Details

  • Exclusions: Child's play set in backyard/barnboard shelves in family room

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,623

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1680
  • Public Record Living Room Sq Ft: 1680
  • Sq Ft Est Heated Below Grade: 560
  • Total Sq Ft: 2240
  • Year Built: 1970
  • Nearby Amenities: Health Club, Library, Medical Facilities, Paddle Tennis, Playground/Tot Lot, Private School(s), Public Transportation, Stables/Riding
  • Remarks Public Addendum: There is a a properly abandoned and filled in-ground oil tank on this property. Documents available. Recent soil testing also available. Ask for documentation.
  • Exclusions: Child's play set in backyard/barnboard shelves in family room
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3956
  • Directions: I 95 to Route 79 which is Durham Road. Follow to #448 on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Partially Finished, Garage Access
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Electric Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Gym, Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Porch-Screened, Shed
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage, Paved, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: Domestic, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Passive Solar, Programmable Thermostat, Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 1.1600
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU-1

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5623
  • Mil Rate Base: 29.410
  • Assessor Parcel Number: 1158229

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Jan 19, 2023
Sold by
Towery Christopher S and Towery Michelle L
Bought by
Maragas Leonidas and Maragas Irene
Seller's Agent
Janet Cronin-Rumanoff
William Pitt Sotheby's Int'l
Buyer's Agent
Joseph DeFrancisco
RE/MAX Right Choice
List Price
$435,000
Sold Price
$413,000
Premium/Discount to List
-$22,000
-5.06%
Views
115
Current Estimated Value
$548,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,068
Avg. Annual Appreciation
9.93%
Original Mortgage
$405,473
Outstanding Balance
$392,257
Interest Rate
6.31%
Mortgage Type
FHA
Estimated Equity
$155,811

Purchase Details

Listed on
Jan 26, 2016
Closed on
Apr 19, 2016
Sold by
Murphy Mary M
Bought by
Towery Christopher S and Towery Michelle L
Seller's Agent
Joseph Giordano
RE/MAX Alliance
Buyer's Agent
Charles Kroopneck
Charles Kroopneck Real Estate
List Price
$215,000
Sold Price
$195,700
Premium/Discount to List
-$19,300
-8.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%
Original Mortgage
$189,168
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Maragas Leonidas $413,000 None Available
Towery Christopher S $195,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maragas Leonidas $405,473
Previous Owner Towery Christopher S $189,168
Previous Owner Towery Christopher S $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2023 01/19/23 Sold $413,000 -1.7% $184 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $420,000 -3.4% $188 / Sq Ft
10/06/2022 10/06/22 For Sale $435,000 +122.3% $194 / Sq Ft
03/31/2016 03/31/16 Sold $195,700 -9.0% $116 / Sq Ft View Prior Sale
02/06/2016 02/06/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $215,000 -- $128 / 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 $6,615 $294,900 $110,100 $184,800
2024 $6,488 $294,900 $110,100 $184,800
2023 $5,730 $191,200 $84,700 $106,500
2022 $5,623 $191,200 $84,700 $106,500
2021 $4,027 $191,200 $84,700 $106,500
2020 $8,153 $191,200 $84,700 $106,500
2019 $8,124 $191,200 $84,700 $106,500
2018 $5,757 $205,300 $84,800 $120,500
2017 $5,605 $205,300 $84,800 $120,500
2016 $5,438 $205,300 $84,800 $120,500
2015 $5,289 $205,300 $84,800 $120,500
2014 $5,782 $229,700 $108,600 $121,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170528391

SmartMLS

APN: MADI-000078-000000-000026