NOT LISTED FOR SALE

515 Maple Shade Rd Middletown, CT 06457

Estimated Value: $641,000 - $771,000

3 Beds
4 Baths
3,506 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $590,000 $168 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,108/month

103 Days on Market

Highlights

  • Heated Driveway
  • Sub-Zero Refrigerator
  • Deck
  • Pool House
  • 3.89 Acre Lot
  • Contemporary Architecture

About This Home

As of September 2022

Huge Price Reduction! Now's the time to act. This formidable, yet cozy home tucked away in a nearly 4acre private setting with a lush, private inground pool and pool house has a local history well known in CT and beyond as the Home/Compound of the Founder of Bob's Surplus/Clothing Stores, Robert J. Lapidus, currently owned by the Estate of Nihla M. Lapidus. The property is perched on a hill via heated concrete driveway into a rounded driveway leading to the large parking area and garages.
The Main Entrance opens into the foyer thru which the Sunroom faces and on thru to the deck. The Main Floor is home to the massive MBR Suite displaying Beautiful Hardwood Floors, Vaulted Ceiling, Skylights and an absolutely huge Walk-In Closet. It has a Private Hydro-Tub, separate shower/steam and makeup area with double vanities. A Floor to Ceiling Fireplace rises up and into a Loft Area overlooking the Wood Paneled Great Room. This home had several rooms freshly painted, brought to life and a new owner/s can continue making it something quite originally their own. They just don't build them like this anymore. The home is full of character and privacy and is one-of-a kind. It's sure to lure many buyers to consider it over std. sub-division homes. Come see what it can become for you. Estate Sale Sold "AS IS".

Last Agent to Sell the Property

Michael Graham

Berkshire Hathaway NE Prop. License #RES.0792730 Listed on: 04/18/2022

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Tyler DeVecchis

Century 21 AllPoints Realty License #RES.0814134

Century 21 AllPoints Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,808

Year Built

  • Built in 1976

Lot Details

  • 3.89 Acre Lot
  • Stone Wall
  • Sprinkler System
  • Many Trees
  • Garden
  • Property is zoned R-30

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Siding
  • Cedar Siding

Interior Spaces

  • 3,506 Sq Ft Home
  • Central Vacuum
  • Sound System
  • Whole House Fan
  • 2 Fireplaces
  • Thermal Windows
  • Entrance Foyer
  • Concrete Flooring

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Sub-Zero Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

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

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Unfinished Basement

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

Home Security

  • Home Security System
  • Smart Thermostat

Parking

  • 3 Car Detached Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Heated Driveway

Eco-Friendly Details

  • Pre-Wired For Photovoltaic Solar

Pool

  • Pool House
  • Cabana
  • Concrete Pool
  • Heated In Ground Pool
  • Fence Around Pool
  • Pool has a Solar Cover

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Schools

  • Middletown High School

Utilities

  • Zoned Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Programmable Thermostat
  • Power Generator
  • Private Company Owned Well
  • Tankless Water Heater
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,808

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 3506
  • Public Record Living Room Sq Ft: 3506
  • Total Sq Ft: 3506
  • Year Built: 1976
  • In Law Access: Possible
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 8698
  • Directions: Rt17 (So. Main St.) to Left onto Rt.155(Randolph Rd.) to quick right on Maple Shade Rd. Follow Rd. for awhile til you see BHHS Sign on right. Home is perched at top of driveway.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs, Floored
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor, Interior Access, Garage Access
  • Interior Amenities: Audio System, Auto Garage Door Opener, Central Vacuum, Security System
  • Appliances: Cook Top, Wall Oven, Range Hood, Refrigerator, Subzero, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: Off Kitchen on Main Level
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Security System, Thermostat(s), Wired For Audio
  • Street Number Modifier: 515

Exterior Features

  • Exterior Features: Cabana, Deck, Garden Area, Lighting, Shed, Stone Wall, Underground Sprinkler
  • Exterior Siding: Cedar
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Heated, Safety Fence, Concrete, Solar Cover
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Detached Garage, Under House Garage, Paved
  • Garages Number: 3
  • Driveway Type: Paved, Asphalt, Cement, Heated

Utilities

  • Cooling System: Central Air, Whole House Fan
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Middletown
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Generator, Generator Ready, Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 3.8900
  • Lot Description: Dry, Treed, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-30

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 11808
  • Total Assessed Value: 287480
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 5.373
  • Mil Rate Total: 41.073
  • Assessor Parcel Number: 1009517

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Sep 7, 2022
Sold by
Lapidus Nihla M Est and Lapidus
Bought by
Mischke Michael R and Hetner Amanda
Seller's Agent
Michael Graham
Berkshire Hathaway NE Prop.
Buyer's Agent
Tyler DeVecchis
Century 21 AllPoints Realty
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Total Days on Market
103
Views
54
Current Estimated Value
$709,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,286
Avg. Annual Appreciation
6.93%
Original Mortgage
$501,500
Outstanding Balance
$482,347
Interest Rate
5.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$226,939

Purchase Details

Closed on
Aug 8, 1975
Bought by
Lapidus Nihla
Source: Public Records

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Range of Values:

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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
Mischke Michael R $590,000 None Available
Lapidus Nihla -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mischke Michael R $501,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $590,000 +2.6% $168 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/20/2022 07/20/22 Price Changed $575,000 -8.0% $164 / Sq Ft
06/29/2022 06/29/22 Price Changed $625,000 0.0% $178 / Sq Ft
06/29/2022 06/29/22 For Sale $625,000 -1.6% $178 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $635,000 -- $181 / 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
2024 $13,703 $386,960 $78,860 $308,100
2023 $13,006 $386,960 $78,860 $308,100
2022 $11,860 $287,480 $58,430 $229,050
2021 $11,808 $287,480 $58,430 $229,050
2020 $11,788 $287,480 $58,430 $229,050
2019 $11,845 $287,480 $58,430 $229,050
2018 $11,437 $287,480 $58,430 $229,050
2017 $12,342 $319,070 $69,340 $249,730
2016 $12,094 $319,070 $69,340 $249,730
2015 $11,827 $319,070 $69,340 $249,730
2014 $11,815 $319,070 $69,340 $249,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170483233

SmartMLS

APN: 39 0029