NOT LISTED FOR SALE

5 Riverside Ln Madison, CT 06443

Estimated Value: $620,000 - $676,000

2 Beds
2 Baths
1,652 Sq Ft
$390/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $332,000 $201 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,122/month

18 Days on Market

Highlights

  • River Front
  • Ranch Style House
  • 1 Fireplace
  • Walter C. Polson Upper Middle School Rated A
  • Attic
  • Property is near golf course and shops

About This Home

As of October 2018

~ Come live your good life on the Connecticut Shoreline ~ This is an amazing value for a year-round waterfront home. Located right on the Neck River w/endless views, enjoy beautiful sunsets & boating right from your neighborhood dock. Glossy wood flooring, a fireplace for chilly nights, Quartz countertops in the kitchen & both bathrooms. Two bedrooms PLUS an extra sun filled room with gorgeous views that would work perfectly as a guest room, home office or den (currently set up as an extra bedroom). This is a warm, sunny home with a great flow & feel. CITY WATER & LOW PROPERTY TAXES for waterfront property in Madison. Madison Land Trust walking trails right in the neighborhood. Flood insurance quote available for review, came in just under $1900/annually. Just 25 min to New Haven/Yale. 90 min NYC. Easy train access from NYC right into our Madison railroad station. THIS IS A PERFECT SUMMER HOME/WEEKENDER! It could work as a perfect investment opportunity as well, use when you want to and Airbnb or rent academically the rest of the time! (Solid rental history available, just ask) A dock may be possible, many others in the neighborhood-ask for details. The owners always launched their kayaks right from the backyard. Neighborhood dues are approximately $300.00 annually and include: Snow plowing of the neighborhood roads, use & care of the community dock, kayak racks & picnic area. Home is so pretty and shows very well - it is now fully furnished/decorated and just beautiful!

Last Agent to Sell the Property

Kimberly Bailey

William Raveis Real Estate License #REB.0792834 Listed on: 09/09/2018

William Raveis Real Estate

Last Buyer's Agent

Amanda Popplewell-Sanson

Coldwell Banker Realty License #RES.0756627

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,121

Year Built

  • Built in 1960

Lot Details

  • 0.97 Acre Lot
  • River Front

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Cottage
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Shake Siding

Interior Spaces

  • 1,652 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Laundry on lower level

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Unfinished Basement

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

Home Security

  • Smart Thermostat
  • Storm Doors

Outdoor Features

  • Exterior Lighting

Location

  • Flood Zone Lot
  • Property is near golf course and shops

Schools

  • Pboe Elementary And Middle School
  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Association fees include snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,121

Year Built

Built in 1960

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch, Cottage
  • Sq Ft Est Heated Above Grade: 1652
  • Public Record Living Room Sq Ft: 1302
  • Total Sq Ft: 1652
  • Year Built: 1960
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Private Rec Facilities, Private School(s), Shopping/Mall
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2832
  • Directions: Boston Post Road in Madison to Garnet Park Road. Follow to the large circle at the end. Left onto Park Lane. Then 2nd left onto Riverside Lane. Home is on right side. Park in either parking area.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full With Walk-Out, Unfinished, Interior Access, Walk-out
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Electric Cooktop, Wall Oven, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Exterior Siding: Shingle, Shake, Wood
  • Foundation Type: Concrete
  • Roof Information: Shingle
  • Waterfront Description: Direct Waterfront, River, Dock or Mooring, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Snow Removal
  • HOA Fees: 300
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • Intermediate School: PBOE

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.9700
  • Lot Description: Water View
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: Residential

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5121
  • Assessor Parcel Number: 1154310

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2018
Closed on
Oct 29, 2018
Sold by
Stanley G Adamchek
Bought by
Crawley Charles and Breck Elizabeth
Seller's Agent
Kimberly Bailey
William Raveis Real Estate
Buyer's Agent
Amanda Popplewell-Sanson
Coldwell Banker Realty
List Price
$349,900
Sold Price
$332,000
Premium/Discount to List
-$17,900
-5.12%
Current Estimated Value
$644,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,302
Avg. Annual Appreciation
9.66%
Original Mortgage
$265,600
Outstanding Balance
$233,826
Interest Rate
4.86%
Estimated Equity
$410,476

Purchase Details

Closed on
May 15, 1996
Sold by
Sygiel John A and Sygiel Jennifer M
Bought by
Adamchek Stanley G and Adamchek Loretta R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crawley Charles -- --
Adamchek Stanley G $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adamchek Stanley G $265,600
Closed Adamchek Stanley G --
Previous Owner Adamchek Stanley G $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $332,000 -5.1% $201 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/09/2018 09/09/18 For Sale $349,900 0.0% $212 / Sq Ft
09/15/2017 09/15/17 Rented $1,600 0.0% --
09/15/2017 09/15/17 Under Contract -- -- --
08/14/2017 08/14/17 For Rent $1,600 0.0% --
09/24/2016 09/24/16 Rented $1,600 0.0% --
08/30/2016 08/30/16 Price Changed $1,600 -11.1% $1 / Sq Ft
08/16/2016 08/16/16 Price Changed $1,800 -14.3% $1 / Sq Ft
07/12/2016 07/12/16 For Rent $2,100 -- --
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 $8,728 $389,100 $234,900 $154,200
2024 $8,560 $389,100 $234,900 $154,200
2023 $7,558 $252,200 $148,400 $103,800
2022 $7,417 $252,200 $148,400 $103,800
2021 $7,276 $252,200 $148,400 $103,800
2020 $7,150 $252,200 $148,400 $103,800
2019 $7,136 $251,700 $148,400 $103,300
2018 $6,561 $234,000 $107,100 $126,900
2017 $6,388 $234,000 $107,100 $126,900
2016 $6,199 $234,000 $107,100 $126,900
2015 $4,979 $193,300 $107,100 $86,200
2014 $7,742 $307,600 $234,000 $73,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170123361

SmartMLS

APN: MADI-000023-000000-000037