NOT LISTED FOR SALE

508 Durham Rd Madison, CT 06443

Estimated Value: $572,472 - $720,000

4 Beds
2.5 Baths
2,200 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $319,000 $145 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,905/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • Covered Deck
  • Attic
  • Walter C. Polson Upper Middle School Rated A
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of August 2018

This beautifully updated Cape Cod home features a convenient central location offering a quick drive to the beach, town and Madison schools. A spacious open floor plan, eat-in kitchen with stainless appliances and granite countertops, sliders out to an expansive back deck with architectural features and built-in seating, a freshly painted main level and newly finished hardwood floors in soothing modern colors makes this home truly move in ready! Situated on a beautifully wooded 2 acre lot with a private backyard with a small fish pond, an oversized attached garage and a gravel driveway provide a setting with true charm from the moment you see it.

Last Agent to Sell the Property

Megan Cadematori

Coldwell Banker Realty License #RES.0805801 Listed on: 05/30/2018

Coldwell Banker Realty

Co-Listed By

Susan Wagner

Berkshire Hathaway NE Prop. License #RES.0760330

Last Buyer's Agent

Jessica Kimball

William Raveis Real Estate License #RES.0784867

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,192

Year Built

  • Built in 1956

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned RU-1

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Covered Deck
  • Shed
  • Porch

Schools

  • Polson Middle School
  • Daniel Hand High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,192

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2200
  • Public Record Living Room Sq Ft: 1907
  • Total Sq Ft: 2200
  • Year Built: 1956
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 4724
  • Directions: Exit 61, Head North on 79. House is on the right side of Durham Rd
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Unfinished
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Covered Deck, Deck, Porch, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 2.0000
  • Lot Description: Level Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU-1

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 6192
  • Mil Rate Base: 27.300
  • Assessor Parcel Number: 1158461

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Aug 14, 2018
Sold by
Taft David G and Taft Odessa G
Bought by
Morales Letizia
Seller's Agent
Megan Cadematori
Coldwell Banker Realty
Buyer's Agent
Jessica Kimball
William Raveis Real Estate
List Price
$319,000
Sold Price
$319,000
Current Estimated Value
$625,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,118
Avg. Annual Appreciation
9.46%
Original Mortgage
$308,353
Outstanding Balance
$271,321
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$353,797

Purchase Details

Closed on
May 24, 2002
Sold by
Nichols Richard D and Nichols Kathleen E
Bought by
Taft David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.71%
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
Morales Letizia $319,000 --
Taft David $301,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Letizia $308,353
Previous Owner Taft David $212,250
Previous Owner Taft David $209,000
Previous Owner Taft David $240,000
Previous Owner Taft David $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $319,000 0.0% $145 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $319,000 -- $145 / 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 $7,631 $340,200 $113,900 $226,300
2024 $7,484 $340,200 $113,900 $226,300
2023 $7,058 $235,500 $87,600 $147,900
2022 $6,926 $235,500 $87,600 $147,900
2021 $6,794 $235,500 $87,600 $147,900
2020 $5,629 $235,500 $87,600 $147,900
2019 $5,380 $235,500 $87,600 $147,900
2018 $5,380 $226,800 $90,100 $136,700
2017 $6,192 $226,800 $90,100 $136,700
2016 $6,008 $226,800 $90,100 $136,700
2015 $5,842 $226,800 $90,100 $136,700
2014 $7,357 $292,300 $121,500 $170,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170089980

SmartMLS

APN: MADI-000083-000000-000051