NOT LISTED FOR SALE

5 Sandgate Cir Unit 5 Madison, CT 06443

Estimated Value: $501,485 - $698,000

2 Beds
2 Baths
1,448 Sq Ft
$525/mo HOA Fee

Last Sold June 27, 2024

Last sale price $580,000 $401 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,301/month

26 Days on Market

Highlights

  • Waterfront
  • Property is near golf course and public transit
  • Attic
  • Walter C. Polson Upper Middle School Rated A
  • Ranch Style House
  • 1 Fireplace

About This Home

As of June 2024

*****OFFERS DUE TUESDAY, 4 JUNE 2024 by 10:00 a.m. Enjoy the views from one of Windermere's most desired units. This sunny 2-bedroom, 2-bath home is convenient to downtown Madison, Hammonasset State Park and the Madison town beaches. The unit overlooks the expansive Hammonasset River, with spectacular vistas all year round. The ranch style, open floor plan starts with the large living room, featuring wall-to-wall carpeting, huge window with plantation shutters, built-in bookshelves and crown molding throughout the home. Enter into the dining room and family room, graced with parquet floors, a raised-hearth wood fireplace, and vaulted ceiling. The kitchen has excellent storage. The primary bedroom has windows looking toward the river and full bath with tub/shower. The second bedroom can easily serve as a home office, den or guest space. The center hallway includes a full bath (with stackable washer/dryer) and large pantry closet. Sliders from the family room lead to the bright, three-season porch and fenced-in back patio where you can relax and enjoy more river views. While the unit does NOT have a basement, there is pull-down access to the attic/storage area, and the detached one car garage is close to the unit.

Last Agent to Sell the Property

Betsy Anderson

William Pitt Sotheby's Int'l License #RES.0769895 Listed on: 05/27/2024

William Pitt Sotheby's Int'l

Last Buyer's Agent

Heather Dacey

William Raveis Real Estate License #REB.0793752

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,219

Year Built

  • Built in 1979

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,448 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near golf course and public transit

Schools

  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1155452

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management
  • 164 Units
  • Property managed by Summit Properties

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,219

Year Built

Built in 1979

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Neighborhood: Hammonasset
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1448
  • Total Sq Ft: 1448
  • Year Built: 1979
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Golf Course, Health Club, Library, Medical Facilities
  • Remarks Public Addendum: The property is sold for an estate, so no CT Property Disclosures are provided; lead only. In addition to the HOA, there is an $80 fee per month for land lease.
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: Yes
  • Home Warranty Offered: No
  • Directions: From Boston Post Rd to Madison/Clinton line Cottage Rd Curry Cross to Sandgate Circle on right
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Circle
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: None
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Lighting, Patio
  • Exterior Siding: Wood
  • Waterfront Description: River Association Required View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management
  • HOA Fees: 525
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: Vic@SummitPMLLC.com
  • Property Manager Name: Victor Caprio
  • Property Mgt Company Name: Summit Properties
  • Property Mgt Phone: (203) 800-5020
  • Total Number of Units In Complex: Windermere East

Lot Info

  • Lot Description: Water View
  • Flood Zone: No
  • Zoning: R-2
  • Parcel #: 1155452

Rental Info

  • Pets Allowed Info: See Condo Docs for Restri
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 164

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6219

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 1997
Sold by
Bruce Gaylord E and Bruce Margaret C
Bought by
Torres James A and Torres Vitamarie T
Current Estimated Value
$617,121

Purchase Details

Closed on
Nov 18, 1994
Sold by
Reilly David M
Bought by
Bruce Gaylord E and Bruce Margaret C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres James A $130,000 --
Bruce Gaylord E $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce Gaylord E $177,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2024 06/27/24 Sold $580,000 +10.5% $401 / Sq Ft
05/31/2024 05/31/24 For Sale $525,000 +59.1% $363 / Sq Ft
07/29/2020 07/29/20 Sold $330,000 -5.7% $228 / Sq Ft View Prior Sale
07/25/2020 07/25/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $350,000 -- $242 / 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 $6,855 $305,600 $0 $305,600
2024 $6,723 $305,600 $0 $305,600
2023 $6,219 $207,500 $0 $207,500
2022 $6,103 $207,500 $0 $207,500
2021 $5,986 $207,500 $0 $207,500
2020 $5,883 $207,500 $0 $207,500
2019 $5,883 $207,500 $0 $207,500
2018 $6,803 $242,600 $0 $242,600
2017 $6,623 $242,600 $0 $242,600
2016 $6,426 $242,600 $0 $242,600
2015 $6,249 $242,600 $0 $242,600
2014 $6,970 $276,900 $0 $276,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24020499

SmartMLS

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