NOT LISTED FOR SALE

5 Michele Ln Madison, CT 06443

Estimated Value: $974,000 - $1,090,564

4 Beds
6 Baths
5,220 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $950,000 $182 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,776/month

34 Days on Market

Highlights

  • Sauna
  • Colonial Architecture
  • Attic
  • Walter C. Polson Upper Middle School Rated A
  • Deck
  • 2 Fireplaces

About This Home

As of July 2024

Welcome to this stunning home, ideal for multigenerational living in a highly sought-after neighborhood. The main level offers the option for a first floor primary suite and a completely renovated kitchen, equipped with top-of-the-line appliances and luxurious finishes. The lower level features two additional rooms and a full bathroom, providing endless possibilities for in-law, au pair, or guest accommodations. This spacious property boasts a new septic system (2022), a new roof (2021), and an impressive 3000 square feet of new oak hardwood floors, along with many other upgrades and improvements. Indulge in the ultimate relaxation experience with your own personal sauna, where you can unwind and rejuvenate in the comfort of your home. With convenient access to the town center, I-95, and nearby beaches, this home combines comfort and accessibility. Don't miss the opportunity to make this home yours. Watch the video and explore the floor plans to discover all that this property has to offer.

Last Agent to Sell the Property

Barbara Goetsch

William Pitt Sotheby's Int'l License #RES.0772208 Listed on: 05/29/2024

William Pitt Sotheby's Int'l

Last Buyer's Agent

Rose Ciardiello

William Raveis Real Estate License #RES.0798086

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,571

Year Built

  • Built in 1987

Lot Details

  • 1.13 Acre Lot
  • Sprinkler System
  • Garden
  • Property is zoned RU-1

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 2 Fireplaces
  • Thermal Windows
  • Mud Room
  • Screened Porch
  • Sauna
  • Smart Thermostat

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Walkup Attic
  • Unfinished Attic

Partially Finished Basement

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

Parking

  • 2 Car Garage
  • Parking Deck

Outdoor Features

  • Deck
  • Shed
  • Rain Gutters

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Brown Middle School
  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Programmable Thermostat
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1160367

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,571

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4020
  • Sq Ft Est Heated Below Grade: 1200
  • Total Sq Ft: 5220
  • Year Built: 1987
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Shopping/Mall
  • In Law Access: LOWER,ENTRY
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Rt 79/Durham Rd. to left on Joshua Trail to left on Michele Lane First house on left.
  • Financing Used: Conventional Fixed
  • In Law Apartment: Yes
  • Living Area Sq Ft Per Public Record: 4020
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Unfinished, Storage Space, Walk-up
  • Basement Description: Full, Heated, Storage, Cooled, Interior Access, Partially Finished, Full With Walk-Out
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Mud Room, Sauna
  • Laundry Room Location: mudroom
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Porch-Screened, Shed, Porch, Deck, Gutters, Garden Area, Underground Sprinkler
  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Domestic, 50 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Brown
  • High School: Daniel Hand
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 1.13
  • Lot Description: Corner Lot In Subdivision Lightly Wooded Professionally Landscaped
  • Flood Zone: No
  • Zoning: RU-1
  • Parcel #: 1160367

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 14571
  • Total Assessed Value: 662300
  • Mil Rate Total: 22

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Brown
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 15, 2024
Sold by
Munawar Kamran
Bought by
Myers Todd and Myers Nancy F
Seller's Agent
Barbara Goetsch
William Pitt Sotheby's Int'l
Buyer's Agent
Rose Ciardiello
William Raveis Real Estate
List Price
$950,000
Sold Price
$950,000
Views
13
Current Estimated Value
$1,028,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,641
Avg. Annual Appreciation
7.29%
Original Mortgage
$760,000
Outstanding Balance
$752,265
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$272,755

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 9, 2022
Sold by
Ahady Ziaulhaq
Bought by
Munawar Kamran
Seller's Agent
Judy Libby
Berkshire Hathaway NE Prop.
Buyer's Agent
Barbara Goetsch
William Pitt Sotheby's Int'l
List Price
$750,000
Sold Price
$755,000
Premium/Discount to List
$5,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$604,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 11, 2013
Closed on
Oct 28, 2013
Sold by
Us Bank Na
Bought by
Ahady Ziaulbag
Seller's Agent
Michael Rodriguez
REALHome Services and Solutions
Buyer's Agent
Sheila Tinn-Murphy
Berkshire Hathaway NE Prop.
List Price
$450,000
Sold Price
$441,400
Premium/Discount to List
-$8,600
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Aug 22, 2006
Sold by
Harabedian Richard A and Harabedian Elizabeth W
Bought by
Dwyer Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.88%

Purchase Details

Closed on
Jul 14, 1989
Sold by
Pandya Ashwin K
Bought by
Harabedian Richard A

Purchase Details

Closed on
Jul 20, 1988
Sold by
Bajania Bipin
Bought by
Keshwala Lakhanshi K
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
Myers Todd $950,000 None Available
Myers Todd $950,000 None Available
Munawar Kamran $755,000 None Available
Ahady Ziaulbag $441,400 --
Dwyer Steve $661,800 --
Ahady Ziaulbag $441,400 --
Dwyer Steve $661,800 --
Harabedian Richard A $388,000 --
Keshwala Lakhanshi K $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Todd $760,000
Closed Myers Todd $760,000
Previous Owner Munawar Kamran $604,000
Previous Owner Ilardi Brianna L $386,500
Previous Owner Keshwala Lakhanshi K $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $950,000 0.0% $182 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $950,000 +25.8% $182 / Sq Ft
06/10/2022 06/10/22 Sold $755,000 +0.7% $145 / Sq Ft
04/21/2022 04/21/22 For Sale $750,000 +69.9% $144 / Sq Ft
10/16/2013 10/16/13 Sold $441,400 -1.9% $108 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $450,000 -- $110 / 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 $14,052 $626,500 $146,700 $479,800
2024 $14,571 $662,300 $146,700 $515,600
2023 $13,385 $446,600 $112,800 $333,800
2022 $12,690 $431,500 $112,800 $318,700
2021 $12,449 $431,500 $112,800 $318,700
2020 $12,233 $431,500 $112,800 $318,700
2019 $12,233 $431,500 $112,800 $318,700
2018 $10,916 $389,300 $127,700 $261,600
2017 $10,628 $389,300 $127,700 $261,600
2016 $10,313 $389,300 $127,700 $261,600
2015 $11,832 $459,300 $127,700 $331,600
2014 $15,412 $612,300 $153,000 $459,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24020743

SmartMLS

APN: MADI-000130-000000-000001