NOT LISTED FOR SALE

49 Cottage Rd Unit 9 Madison, CT 06443

Estimated Value: $186,000 - $275,000

1 Bed
1 Bath
440 Sq Ft
$121/mo HOA Fee

Last Sold December 12, 2016

Last sale price $99,000 $225 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,438/month

14 Days on Market

Highlights

  • Open Floorplan
  • Enclosed Patio or Porch
  • Ceiling Fan
  • Walter C. Polson Upper Middle School Rated A
  • Property is near shops
  • Laundry Facilities

About This Home

As of December 2016

Rare opportunity to own a summer getaway. A perfect place to experience serenity, away from a busy lifestyle. Absorb nature and all that a seaside town has to offer in this very quaint 1 bedroom cottage with additional sleeping loft. Located in an enclave of 21 seasonal cottages, this one is an absolute jewel. 1 full bath, living room, dining and kitchen have an open floor plan with high ceiling and skylights. Loft offers sleeping area for guests or you can use for storage, napping, writing, game & reading. Enclosed porch and outdoor back patio add option for enjoyable outdoor living. Outdoor shower. Nicely maintained. Low condo fee! Walk or bike ride to Hammonassett State Park, dining, entertainment, shopping, town amenities and much more. A special place to go and get away from it all. Bring your favorite book or begin writing the one you always wanted to!
.

Last Agent to Sell the Property

Joann DeRaffaele

Berkshire Hathaway NE Prop. License #REB.0756628 Listed on: 10/17/2016

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Joann DeRaffaele

Berkshire Hathaway NE Prop. License #REB.0756628 Listed on: 10/17/2016

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $999

Year Built

  • Built in 1946

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 4 Parking Spaces

Home Design

  • Clap Board Siding

Interior Spaces

  • 440 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Per Boe Elementary School
  • Pboe Middle School
  • Per Boe High School

Utilities

  • No Heating
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Property is near shops

Community Details

Overview

  • Association fees include grounds maintenance, insurance, property management, road maintenance, trash pickup, water
  • 21 Units
  • Seabreeze Community
  • Property managed by APMC,LLC

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$999

Year Built

Built in 1946

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 440
  • Year Built: 1946
  • Nearby Amenities: Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Alterations, Trailer(S)
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: West Main Street to Cottage
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Open Floor Plan
  • Appliances: Microwave, Oven/Range, Refrigerator, Range Hood
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 49

Exterior Features

  • Exterior Features: Porch-Enclosed, Patio
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Total Parking Spaces: 4

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: No Heat
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Cesspool

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Property Management, Road Maintenance, Trash Pickup, Water
  • Complex Name: SEABREEZE
  • Levels In Unit: 1
  • HOA Fees: 1457
  • HOA Fee Frequency: Annually
  • HOA: No
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Manager Name: RICH AFRAGOLA
  • Property Mgt Company Name: APMC,LLC
  • Property Mgt Phone: 860-663-0550

Schools

  • Elementary School: Per BOE
  • Middle School: PBOE
  • High School: Per BOE
  • Intermediate School: PBOE

Lot Info

  • Flood Zone: No
  • Property Info: Seasonal Property

Rental Info

  • Pets Allowed Info: dogs, cats
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 999
  • Total Assessed Value: 37700
  • Mil Rate Total: 26.490
  • Assessor Parcel Number: 1155240

Multi Family

  • Total Num Of Units: 21

MLS Schools

  • Elementary School: Per BOE
  • Middle Jr High School: PBOE
  • High School: Per BOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Dec 16, 2016
Sold by
Colegrove Jonathan A and Colegrove Jama
Bought by
King Deborah L
Seller's Agent
Joann DeRaffaele
Berkshire Hathaway NE Prop.
Buyer's Agent
Joann DeRaffaele
Berkshire Hathaway NE Prop.
List Price
$99,000
Sold Price
$99,000
Current Estimated Value
$211,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,191
Avg. Annual Appreciation
10.57%

Purchase Details

Listed on
Dec 17, 2014
Closed on
May 1, 2015
Sold by
Rockelle Martin T and Lodge Laura
Bought by
Collegrove Jonathan A and Collegrove Jama R
Seller's Agent
Joann DeRaffaele
Berkshire Hathaway NE Prop.
Buyer's Agent
Joann DeRaffaele
Berkshire Hathaway NE Prop.
List Price
$99,000
Sold Price
$87,000
Premium/Discount to List
-$12,000
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Apr 16, 1999
Sold by
Hogan George N
Bought by
Rochette Martin T and Lodge Laura L
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
King Deborah L $99,000 --
Collegrove Jonathan A $87,000 --
Rochette Martin T $40,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2016 12/12/16 Sold $99,000 0.0% $225 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $99,000 +13.8% $225 / Sq Ft
04/30/2015 04/30/15 Sold $87,000 -12.1% $198 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $99,000 -- $225 / 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: G10176130

SmartMLS

APN: MADI-000031-000000-000007-000009