NOT LISTED FOR SALE

Estimated Value: $709,410 - $788,000

3 Beds
3 Baths
3,014 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $608,423 $202 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,689/month

11 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Attic
  • Beach Access
  • Deck
  • Corner Lot

About This Home

As of March 2022

Hidden Gem! Private lake community with its own private beach (deeded Beach Rights) and low cost boat slip for just $129yr! Bring your powerboat, Jetski, kayak or canoe to Candlewood Echoes! This home was built by a Master craftsman carpenter and the Tulip Trees on the original building lot were milled and used as flooring. This warm and lovely 3 Bed, 3 Bath home includes a separate 1 bedroom in-law apartment for guests or a tenant with all utilities metered separately. Efficient propane heat with central air. A list of updates are included in the agent supplements. Stunning Western exposure with many windows creating sun drenched rooms with beautiful views of the water and sunsets. A perfect weekend escape from hectic city life or perfect for all year living as well. Enjoy the waterfall pond with koi fish and gazebo in addition to the large front deck overlooking the water for BBQ’s, entertaining guests or as a peaceful, relaxing outdoor space. Walk down the road to the beach and enjoy fishing, boating, swimming, ice fishing, ice skating and all year around fun! The beautiful town of Sherman has VERY LOW taxes and offers an easy commute to NY/Westchester, New Milford and Danbury! 60Min from Manhattan, close to in-town shopping, schools and just minutes from Metro North Trains, major highways (I-84, Rt7, Federal Rd and NY 684 & Rt22). Bring your toys, friends and family. You’re going to absolutely love it here!

Last Listed By

Sandra Lamanna

Houlihan Lawrence License #RES.0799744 Listed on: 12/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,825

Year Built

  • Built in 1984

Lot Details

  • 0.45 Acre Lot
  • Corner Lot

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,014 Sq Ft Home
  • Water Views
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Oven or Range
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Deck
  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Gazebo
  • Shed

Additional Homes

  • Separate Entry Quarters

Schools

  • Sherman Elementary School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Propane
  • Private Company Owned Well
  • Propane Water Heater

Community Details

  • Association fees include lake/beach access, road maintenance, insurance
  • Candlewood Echos Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,825

Year Built

Built in 1984

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3014
  • Public Record Living Room Sq Ft: 3014
  • Total Sq Ft: 3014
  • Year Built: 1984
  • Nearby Amenities: Health Club, Lake, Park
  • In Law Access: Separate Entry
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Route 39 to Candlewood Echoes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Appliances: Electric Range, Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Deck, Gazebo, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Dock or Mooring, Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Road Maintenance, Insurance
  • HOA Fees: 484
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Sherman
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.4500
  • Lot Description: Water View, Corner Lot
  • Zoning: RES

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5825
  • Total Assessed Value: 312500
  • Mil Rate Base: 18.640
  • Mil Rate Total: 18.640
  • Assessor Parcel Number: 309946

MLS Schools

  • Elementary School: Sherman
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
Mar 9, 2022
Sold by
Liker Susan
Bought by
Madia Robert F and Madia Chelsea R
Seller's Agent
Sandra Lamanna
Houlihan Lawrence
Buyer's Agent
Sandra Lamanna
Houlihan Lawrence
List Price
$595,000
Sold Price
$608,423
Premium/Discount to List
$13,423
2.26%
Total Days on Market
11
Current Estimated Value
$752,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,930
Avg. Annual Appreciation
7.08%
Original Mortgage
$486,738
Outstanding Balance
$464,355
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$290,313

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
Madia Robert F $608,423 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madia Robert F $486,738
Previous Owner Schilke Philip $177,100
Previous Owner Schilke Philip $185,000
Previous Owner Schilke Philip $150,000
Previous Owner Schilke Philip $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $608,423 +2.3% $202 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $595,000 -- $197 / 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
2024 $5,495 $335,900 $76,800 $259,100
2023 $5,986 $335,900 $76,800 $259,100
2022 $6,107 $335,900 $76,800 $259,100
2021 $5,825 $312,500 $76,800 $235,700
2020 $5,311 $277,900 $76,800 $201,100
2019 $5,159 $260,400 $76,800 $183,600
2018 $5,028 $247,300 $76,800 $170,500
2017 $5,028 $247,300 $76,800 $170,500
2016 $5,028 $247,310 $76,790 $170,520
2015 $4,956 $247,310 $76,790 $170,520
2014 $4,907 $247,310 $76,790 $170,520
Source: Public Records

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Source: SmartMLS

MLS Number: 170457734

SmartMLS

APN: SHMN-000047-000000-000048