NOT LISTED FOR SALE

505 Summer Hill Rd Madison, CT 06443

Estimated Value: $621,000 - $820,000

3 Beds
2.5 Baths
2,490 Sq Ft
$304/Sq Ft Est. Value

Last Sold December 18, 2012

Last sale price $460,000 $185 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,820/month

193 Days on Market

Highlights

  • Barn
  • 4.4 Acre Lot
  • Fruit Trees
  • Walter C. Polson Upper Middle School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of December 2012

Beautifully updated antique federal set on 4+acres. Features include: barn/garage; wrap deck; refinished wide-brd floors; new kitchen & baths, roof, siding, gutters, hvac + more. A must see for the discriminating buyer.

Last Agent to Sell the Property

Lisa Rollins Team

Compass Connecticut, LLC License #RES.0766380 Listed on: 04/27/2012

Compass Connecticut, LLC

Last Buyer's Agent

Rob Coster

Coldwell Banker Realty License #RES.0768167

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,067

Year Built

  • Built in 1850

Lot Details

  • 4.4 Acre Lot
  • Corner Lot
  • Fruit Trees

Home Design

  • Colonial Architecture
  • Clap Board Siding

Interior Spaces

  • 2,490 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Wrap Around Balcony
  • Outdoor Storage

Schools

  • Clb Elementary School
  • Polson Middle School
  • Brown Middle School
  • Hand High School

Farming

  • Barn

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,067

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2490
  • Year Built: 1850
  • Direct Waterfront: No
  • Directions: Rt. 80 To summer hill rd.-On corner
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available, Security System
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Laundry Room Location: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Barn, Fruit Trees, Storage Building, Wrap Around Deck
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Barn
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Intermediate School: Brown

Lot Info

  • Acres: 4.4000
  • Lot Description: Corner Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 7067
  • Assessor Parcel Number: 1160528

MLS Schools

  • Elementary School: Clb
  • Middle Jr High School: Polson
  • High School: Hand High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2012
Closed on
Dec 18, 2012
Sold by
Gulick & Spradlin Llc
Bought by
Hickein-Cartier Heather and Cartier Geoffrey K
Seller's Agent
Lisa Rollins Team
Compass Connecticut, LLC
Buyer's Agent
Rob Coster
Coldwell Banker Realty
List Price
$550,000
Sold Price
$460,000
Premium/Discount to List
-$90,000
-16.36%
Current Estimated Value
$756,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,469
Avg. Annual Appreciation
3.92%
Original Mortgage
$368,000
Outstanding Balance
$253,987
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$502,482

Purchase Details

Closed on
Feb 12, 2010
Sold by
Cmce Llc
Bought by
Gulick&Spradlin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hickein-Cartier Heather $460,000 --
Gulick&Spradlin Llc $252,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gulick&Spradlin Llc $368,000
Previous Owner Gulick&Spradlin Llc $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2012 12/18/12 Sold $460,000 -16.4% $185 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $550,000 -- $221 / 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 $10,040 $447,600 $163,400 $284,200
2024 $9,847 $447,600 $163,400 $284,200
2023 $8,838 $294,900 $125,700 $169,200
2022 $8,673 $294,900 $125,700 $169,200
2021 $8,508 $294,900 $125,700 $169,200
2020 $8,360 $294,900 $125,700 $169,200
2019 $8,360 $294,900 $125,700 $169,200
2018 $8,642 $308,200 $130,200 $178,000
2017 $8,414 $308,200 $130,200 $178,000
2016 $8,164 $308,200 $130,200 $178,000
2015 $7,939 $308,200 $130,200 $178,000
2014 $9,469 $376,200 $183,100 $193,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: M9134219

SmartMLS

APN: MADI-000136-000000-000001