NOT LISTED FOR SALE

5 Franks Way Madison, CT 06443

Estimated Value: $933,000 - $993,000

4 Beds
3.5 Baths
3,782 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 13, 2017

Last sale price $530,000 $140 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,179/month

118 Days on Market

Highlights

  • Health Club
  • Open Floorplan
  • Deck
  • Walter C. Polson Upper Middle School Rated A
  • Colonial Architecture
  • Property is near public transit

About This Home

As of September 2017

Welcome to 5 Franks Way! A well maintained corner lot Colonial situated in a wonderful cul de sac neighborhood. On just over an acre this home allows both privacy and convenience to town, beaches and schools. Complete with a covered front and back porch for outdoor enjoyment and gleaming hardwood floors throughout the main level. Inside the gracious foyer, a dramatic curved staircase leads to the 4 bedrooms, 3 full baths and an abundance of easily accessible storage. The master bedroom offers a lot of natural light with the many windows and there's plenty of built in storage in the walk in closet.
The newer (1400 square feet) addition includes a chef's kitchen with cherry cabinets, custom granite island with built-ins, a family room with two skylights, built -in corner seating storage benches, and a dining room with french doors allowing for easy entertaining.
An office, laundry room, living room and half bath complete the main living level. The unfinished basement has an additional 1648 square feet with both a walk out and hatchway access to the back yard. Plenty of storage space and potential living space if needed in the basement to make your own! A pleasure to show.

Last Agent to Sell the Property

Debra Pardales

William Pitt Sotheby's Int'l License #RES.0796432 Listed on: 05/10/2017

William Pitt Sotheby's Int'l

Last Buyer's Agent

Laurie Mazzeo

William Pitt Sotheby's Int'l License #RES.0761609

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,275

Year Built

  • Built in 1987

Lot Details

  • 1.12 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Colonial Architecture
  • Clap Board Siding

Interior Spaces

  • 3,782 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • French Doors
  • Concrete Flooring
  • Storm Doors

Kitchen

  • Built-In Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Shed
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • J. Milton Elementary School
  • Pboe Middle School
  • Dr. Robert H. Brown Middle School
  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Private Company Owned Well
  • Cable TV Available

Community Details

Recreation

  • Health Club
  • Tennis Courts
  • Community Playground
  • Putting Green

Additional Features

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,275

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Public Record Living Room Sq Ft: 3782
  • Total Sq Ft: 3782
  • Year Built: 1987
  • Nearby Amenities: Golf Course, Health Club, Library, Playground/Tot Lot, Private School(s), Public Transportation, Tennis Courts
  • Association Amenities: Putting Green, Health Club, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 6750
  • Directions: Route 79 to Green Hill Rd to Ridge Road to Franks Way.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full With Hatchway, Full With Walk-Out, Unfinished, Concrete Floor, Interior Access, Storage
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Range, Oven/Range, Wall Oven, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Deck, French Doors, Gutters, Porch, Shed, Sidewalk
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved, Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: J. Milton
  • Middle School: PBOE
  • High School: Daniel Hand
  • Intermediate School: Dr. Robert H. Brown

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 1.1200
  • Lot Description: Corner Lot, On Cul-De-Sac, Level Lot, Lightly Wooded
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 10275
  • Total Assessed Value: 375000
  • Mil Rate Total: 26.490
  • Assessor Parcel Number: 1157947

MLS Schools

  • Elementary School: J. Milton
  • Middle Jr High School: PBOE
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Sep 14, 2017
Sold by
Couret Patrice M
Bought by
Couret Patrice M and Couret Nargiza
Seller's Agent
Debra Pardales
William Pitt Sotheby's Int'l
Buyer's Agent
Laurie Mazzeo
William Pitt Sotheby's Int'l
List Price
$619,000
Sold Price
$530,000
Premium/Discount to List
-$89,000
-14.38%
Current Estimated Value
$962,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,136
Avg. Annual Appreciation
7.36%
Original Mortgage
$424,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1995
Sold by
Hawkes Michael K
Bought by
Danetz Mark S and Danetz Stephanie H

Purchase Details

Closed on
Nov 5, 1987
Sold by
J & L Dev
Bought by
Hawkes Michael K
Source: Public Records

Range of Values:

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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
Couret Patrice M -- --
Couret Patrice M $530,000 --
Danetz Mark S $225,000 --
Hawkes Michael K $296,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couret Patrice M $412,200
Closed Hawkes Michael K $424,000
Previous Owner Hawkes Michael K $393,074
Previous Owner Hawkes Michael K $406,617
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2017 09/13/17 Sold $530,000 -3.5% $140 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
06/15/2017 06/15/17 Price Changed $549,000 -6.2% $145 / Sq Ft
05/18/2017 05/18/17 Price Changed $585,000 -5.5% $155 / Sq Ft
05/10/2017 05/10/17 For Sale $619,000 -- $164 / 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 $11,720 $522,500 $134,500 $388,000
2024 $11,495 $522,500 $134,500 $388,000
2023 $10,945 $365,200 $103,500 $261,700
2022 $10,741 $365,200 $103,500 $261,700
2021 $10,536 $365,200 $103,500 $261,700
2020 $6,671 $365,200 $103,500 $261,700
2019 $10,353 $365,200 $103,500 $261,700
2018 $10,515 $375,000 $102,300 $272,700
2017 $10,238 $375,000 $102,300 $272,700
2016 $9,934 $375,000 $102,300 $272,700
2015 $9,660 $375,000 $102,300 $272,700
2014 $12,968 $515,200 $152,700 $362,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10220145

SmartMLS

APN: MADI-000072-000000-000012