NOT LISTED FOR SALE

5 Downing Way Unit 5 Madison, CT 06443

Estimated Value: $550,499 - $639,000

2 Beds
2.5 Baths
2,020 Sq Ft
$324/mo HOA Fee

Last Sold August 29, 2014

Last sale price $365,000 $181 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,091/month

10 Days on Market

Highlights

  • Attic
  • 1 Fireplace
  • 1 Car Attached Garage
  • Walter C. Polson Upper Middle School Rated A
  • Porch
  • Patio

About This Home

As of August 2014

Updated riverview townhouse is ready for new owner. Hardwd flrs, granite & stainless kitchen, wonderful 3 season porch with views out to yard and marsh beyond.3Rd room upstairs makes great office. New city gas heat with ability to program from cell phone.

Last Agent to Sell the Property

Shoreline Homes Team

William Raveis Real Estate License #RES.0786926 Listed on: 06/16/2014

William Raveis Real Estate

Last Buyer's Agent

Gregg Doonan

William Pitt Sotheby's Int'l License #RES.0758921

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,812

Year Built

  • Built in 1979

HOA Fees

  • $324 Monthly HOA Fees

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,020 Sq Ft Home
  • 1 Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Windermere West Community
  • Property managed by Vic Caprio

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,812

Year Built

Built in 1979

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Total Sq Ft: 2020
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Directions: Rt 1 to left on cottage, right on windermere, l on aylesbury, l on downing to #5.
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Interior Amenities: Cable - Available, Auto Garage Door Opener
  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Upper Level
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Patio, Porch
  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Total Parking Spaces: 4

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Complex Name: Windermere West
  • HOA Fees: 324
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Vic Caprio

Schools

  • Elementary School: Island
  • Middle School: Polson
  • High School: Hand
  • Intermediate School: Brown

Lot Info

  • Land Lease Fee Per Month: 90

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 5812
  • Total Assessed Value: 230900
  • Assessor Parcel Number: 1155464

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2019
Sold by
Spero Kathryn W and Spero Richard
Bought by
1 Downing Way Llc
Current Estimated Value
$593,375

Purchase Details

Closed on
May 27, 2005
Sold by
Est Bandremer Harvey and Bandremer Seymour A
Bought by
Alson Catherine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.94%

Purchase Details

Closed on
Apr 28, 1989
Sold by
Selger Kenneth
Bought by
Farrar Elaine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.9%
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
1 Downing Way Llc -- None Available
Alson Catherine B $330,000 --
Farrar Elaine C $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farrar Elaine C $255,000
Previous Owner Farrar Elaine C $264,000
Previous Owner Farrar Elaine C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $365,000 -1.3% $181 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $369,900 -- $183 / 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 $7,449 $332,100 $0 $332,100
2024 $7,306 $332,100 $0 $332,100
2023 $7,484 $249,700 $0 $249,700
2022 $7,344 $249,700 $0 $249,700
2021 $7,204 $249,700 $0 $249,700
2020 $7,079 $249,700 $0 $249,700
2019 $7,079 $249,700 $0 $249,700
2018 $6,435 $229,500 $0 $229,500
2017 $6,265 $229,500 $0 $229,500
2016 $6,079 $229,500 $0 $229,500
2015 $5,781 $224,400 $0 $224,400
2014 $7,027 $279,200 $0 $279,200
Source: Public Records

Agents Affiliated with this Home

  • Shoreline Homes Team

    Seller's Agent in 2014

    Shoreline Homes Team

    William Raveis Real Estate

    (203) 500-2212

    14 in this area

    52 Total Sales

    Shoreline Homes Team
    Section Image

  • G

    Buyer's Agent in 2014

    Gregg Doonan

    William Pitt

See All Agents

Map

Source: SmartMLS

MLS Number: M9148503

SmartMLS

APN: MADI-000032-000000-000001-000005D

Connecticut New Haven County Madison 06443

5 Downing Way Unit 5, Madison, CT

This home is located at 5 Downing Way Unit 5, Madison, CT 06443 since 16 June 2014 and is currently estimated at $593,375, approximately $293 per square foot. This property was built in 1979. 5 Downing Way Unit 5 is a home located in New Haven County with nearby schools including Walter C. Polson Upper Middle School, Daniel Hand High School, and Our Lady of Mercy Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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