NOT LISTED FOR SALE

47 Riverside Terrace Madison, CT 06443

Estimated Value: $552,966 - $636,000

3 Beds
2.5 Baths
2,102 Sq Ft
$287/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $451,000 $215 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,695/month

2 Days on Market

Highlights

  • Raised Ranch Architecture
  • Attic
  • Screened Porch
  • Walter C. Polson Upper Middle School Rated A
  • 2 Fireplaces
  • Laundry Room

About This Home

As of June 2023

Located in the quaint town of Madison, this 3 bedroom 2 1/2 bath home sits at the end of a cul-de-sac, in a beautiful neighborhood, minutes to the town center and Hammonasset Beach State Park. It features an open floor plan with hardwood floors throughout the main level. The large living room opens to the dining room with a gas fireplace as it's focal point. The kitchen has gorgeous, solid wood cabinetry with an entire wall of storage. Off the kitchen is a huge, screened in porch that is perfect for entertaining or as an alternative outdoor dining space. The lower level offers a spacious family room with a wood-burning fireplace, a 1/2 bath, a laundry room and an attached two car garage. Enjoy all that Madison has to offer including RJ Julia's an award-winning book store, a cinema, coffee shops, restaurants and boutique shopping. This home has been loved by it's current owners for 53 years and is ready for new owners to make it their own!

Last Agent to Sell the Property

Mary O'Neill

Eagle Eye Realty PLLC License #RES.0803146 Listed on: 04/21/2023

Eagle Eye Realty PLLC

Last Buyer's Agent

Emily Lovejoy

William Raveis Real Estate License #RES.0813995

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,390

Year Built

  • Built in 1964

Lot Details

  • 0.92 Acre Lot
  • Property is zoned RU-1

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,102 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Screened Porch
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

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

Parking

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

Accessible Home Design

  • Accessible Bathroom
  • Exterior Wheelchair Lift
  • Chairlift

Location

  • Property is near golf course

Schools

  • Daniel Hand High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1157901

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,390

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 2102
  • Total Sq Ft: 2102
  • Year Built: 1964
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Stables/Riding, Tennis Courts
  • Association Amenities: None
  • Handicap Features: Accessible Bath, Chair Lift
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3822
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • In Law Apartment: Possible
  • Spec Assoc Asses: No
  • Street Type: Terrace
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: None
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch-Screened
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Asphalt
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Ceiling Fans, Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.92
  • Lot Description: On Cul-De-Sac Cleared Level Lot
  • Flood Zone: No
  • Zoning: RU-1
  • Parcel #: 1157901

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6390

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
Apr 21, 2023
Closed on
Jun 21, 2023
Sold by
Mclaughlin Justin D
Bought by
Turner Jessica A and Turner Justin L
Seller's Agent
Mary O'Neill
Eagle Eye Realty PLLC
Buyer's Agent
Emily Lovejoy
William Raveis Real Estate
List Price
$410,000
Sold Price
$451,000
Premium/Discount to List
$41,000
10%
Views
58
Current Estimated Value
$603,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,992
Avg. Annual Appreciation
11.84%
Original Mortgage
$442,831
Outstanding Balance
$429,950
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$174,042
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Turner Jessica A $451,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Jessica A $442,831
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2023 06/21/23 Sold $451,000 +10.0% $215 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $410,000 -- $195 / 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 $6,709 $299,100 $118,300 $180,800
2024 $6,580 $299,100 $118,300 $180,800
2023 $6,390 $213,200 $91,000 $122,200
2022 $6,270 $213,200 $91,000 $122,200
2021 $6,151 $213,200 $91,000 $122,200
2020 $6,044 $213,200 $91,000 $122,200
2019 $4,415 $213,200 $91,000 $122,200
2018 $5,975 $213,100 $95,300 $117,800
2017 $5,818 $213,100 $95,300 $117,800
2016 $5,645 $213,100 $95,300 $117,800
2015 $5,489 $213,100 $95,300 $117,800
2014 $6,043 $240,100 $149,500 $90,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170563913

SmartMLS

APN: MADI-000070-000000-000007