NOT LISTED FOR SALE

49 Cottage Rd Unit 17 Madison, CT 06443

Estimated Value: $181,000 - $246,000

1 Bed
1 Bath
320 Sq Ft
1946 Built

Last Sold October 09, 2015

Last sale price $85,000 $266 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,281/month

91 Days on Market

Highlights

  • Thermal Windows
  • Enclosed Patio or Porch
  • Laundry Facilities
  • Walter C. Polson Upper Middle School Rated A

About This Home

As of October 2015

The perfect retreat for a little R & R and rental income! Don't be fooled by the size (320 sq. ft.). This cottage can sleep up to six people and is being sold completely furnished ---from the furniture to the silverware. Nothing to do except open the door and enjoy. This cottage is located in a small community of like homes and is within walking distance to Hammonassett State Park. Great income potential! Owners are currently renting the cottage for $1,200 per week during the summer months. The current owner's have made several updates over the past 10 years including the electric, roof, windows, skylights, tile porch, bath fixtures, bamboo flooring in the bedroom and full bath. There is a community room where you can store bikes, beach supplies and yard equipment. A washing machine is also located in the community room for your convenience. This is a seasonal property that opens at the end of April and closes at the end of October. No heat, propane for hot water and cooking. Low annual association fee of $1,457 which includes water, winterizing in the Fall and opening in the Spring. Owners own the land.

Last Agent to Sell the Property

Christine Shaw

Coldwell Banker Realty License #RES.0762528 Listed on: 06/26/2015

Coldwell Banker Realty

Last Buyer's Agent

Pat Durante

William Pitt Sotheby's Int'l License #RES.0752187

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Year Built

  • 1946

Home Design

  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave

Schools

  • Pboe Elementary School

Additional Features

  • Thermal Windows
  • Enclosed Patio or Porch
  • Window Unit Cooling System

Community Details

Overview

  • Association fees include grounds maintenance, insurance, management, road maintenance, trash removal, water
  • 22 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

1946

Lot Details

0

Listing Details

  • Neighborhood: Madison (98)
  • Year Built Description: Town Records
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1946

Interior Features

  • Room Count: 5
  • Appliances: Microwave, Oven/Range, Refrigerator
  • Laundry Room Info: Common Laundry Area
  • Interior Amenities: Cable - Pre-wired

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Vinyl Siding

Garage/Parking

  • Parking: Assigned
  • Parking Spaces: 1

Utilities

  • Cooling System: Window Unit
  • Water Source: Public Water Connected
  • Sewer: Unknown
  • Hot Water Fuel: Propane
  • Radon Mit System Water: Unknown
  • Radon Mit Sytem Air: Unknown

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Management, Road Maintenance, Trash Removal, Water
  • Amenities: Private Trash Pickup
  • Property Manager: Rich Afragola
  • Property Manager Phone: 860-663-0550
  • Property Management Company: APMC, LLC
  • Property Management Phone: 0000000000
  • Association Fee: 1457
  • Association Fee Description: Annually
  • Complex Management: Unit Owners Association
  • Complex Restrictions: Alterations, Trailer(s)

Schools

  • High School: Daniel Hand

Lot Info

  • Development Type: Condominium
  • Mill Rate: 25.7600
  • Mill Rate: 25.7600
  • Assessment: 37700
  • Assessments: Unknown

Green Features

  • Energy Features: Ceiling Fan(s), Partial Screens, Thermopane Windows

Rental Info

  • Pets Allowed Info: Dogs/Cats

Multi Family

  • Total Number Of Units: 22

Tax Info

  • Tax Year: 7/15-6/16

MLS Schools

  • Elementary School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2022
Sold by
Egan Lynn
Bought by
Darrow Barbara A
Current Estimated Value
$210,339

Purchase Details

Listed on
Jun 26, 2015
Closed on
Oct 9, 2015
Sold by
Krietler William and Sorrentino Karen
Bought by
Mika Lynn
Seller's Agent
Christine Shaw
Coldwell Banker Realty
Buyer's Agent
Pat Durante
William Pitt Sotheby's Int'l
List Price
$93,000
Sold Price
$85,000
Premium/Discount to List
-$8,000
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
Aug 1, 2005
Sold by
Weber Richard J and Weber Billie F
Bought by
Sorrentino Karen and Kreitler William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Darrow Barbara A $150,000 None Available
Mika Lynn $85,000 --
Sorrentino Karen $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2015 10/09/15 Sold $85,000 -8.6% $266 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $93,000 -- $291 / 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 $2,299 $102,500 $0 $102,500
2024 $2,255 $102,500 $0 $102,500
2023 $1,528 $51,000 $0 $51,000
2022 $1,500 $51,000 $0 $51,000
2021 $1,471 $51,000 $0 $51,000
2020 $1,446 $51,000 $0 $51,000
2019 $1,446 $51,000 $0 $51,000
2018 $1,057 $37,700 $0 $37,700
2017 $1,029 $37,700 $0 $37,700
2016 $999 $37,700 $0 $37,700
2015 $971 $37,700 $0 $37,700
2014 $1,387 $55,100 $0 $55,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10058768

SmartMLS

APN: MADI-000031-000000-000007-000017