NOT LISTED FOR SALE

53 Oak Ave Madison, CT 06443

Estimated Value: $880,000 - $1,065,000

3 Beds
1.5 Baths
1,192 Sq Ft
$792/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $699,000 $586 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,964/month

20 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Attic
  • Walter C. Polson Upper Middle School Rated A
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of December 2022

Welcome to the year round beach house you've been waiting for! A rare 3 bedroom 1.5 bath colonial home in a private beach association in Madison, CT only 3 houses in from the beach. Entering through the front door you'll have a wide open living room with a cozy fireplace that is equipped with 2 blowers to give off that much wanted warm air on the cold New England nights. During the day you can work from home utilizing the built in desk area overlooking the backyard through the large picture window. To the right of the living room you'll enjoy a morning coffee, or a romantic evening dinner, in the All-Season room with views of the Long Island Sound. The main floor also offers a spacious kitchen, a half bath, and a bedroom. On the second floor is the laundry room, 2 bedrooms. a full bathroom, and a sitting area. Both the master bedroom and the sitting area have views of the Long Island Sound. The sitting area along with the laundry room have both been used in the past as additional spaces to host extra guests who want to come stay the night (or more). The private beach is less than a minute walk where you can take a swim in the private cove, read a book with your feet in the water, kayak, etc. When you get back there is an outdoor shower in backyard waiting for you to wash off. Don't miss out on this opportunity for your beach oasis.

Last Agent to Sell the Property

Mallorie Dorflinger

Coldwell Banker Realty License #RES.0817980 Listed on: 09/30/2022

Coldwell Banker Realty

Last Buyer's Agent

Deven Talarczyk

Compass Connecticut, LLC License #RES.0818348

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,382

Year Built

  • Built in 1946

Lot Details

  • 6,534 Sq Ft Lot
  • Cleared Lot
  • Garden
  • Property is zoned R-4

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,192 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Private Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near a golf course

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • Association fees include lake/beach access, snow removal, road maintenance, insurance, taxes

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,382

Year Built

Built in 1946

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Neighborhood: East River
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1192
  • Public Record Living Room Sq Ft: 1192
  • Total Sq Ft: 1192
  • Year Built: 1946
  • Nearby Amenities: Golf Course, Private School(s)
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1879
  • Directions: Per GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Unfinished, Concrete Floor
  • Appliances: Electric Cooktop, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Second Floor
  • Laundry Room Info: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting
  • Exterior Siding: Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage, Driveway
  • Garages Number: 1
  • Driveway Type: Private

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Snow Removal, Road Maintenance, Insurance, Taxes
  • HOA Fees: 550
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1500
  • Lot Description: In Flood Zone, Cleared, Water View
  • Zoning: R-4

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 10382
  • Mil Rate Base: 29.410
  • Assessor Parcel Number: 1153793

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Dec 2, 2022
Sold by
Cosham Donald A Est and Cosham
Bought by
Spadaro Michael A and Spadaro Jennifer
Seller's Agent
Mallorie Dorflinger
Coldwell Banker Realty
Buyer's Agent
Deven Talarczyk
Compass Connecticut, LLC
List Price
$750,000
Sold Price
$699,000
Premium/Discount to List
-$51,000
-6.8%
Views
71
Current Estimated Value
$944,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,164
Avg. Annual Appreciation
10.25%
Original Mortgage
$559,200
Outstanding Balance
$541,717
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$402,447
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
Spadaro Michael A $699,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spadaro Michael A $559,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $699,000 -2.9% $586 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/18/2022 10/18/22 Price Changed $719,999 -4.0% $604 / Sq Ft
10/03/2022 10/03/22 For Sale $750,000 -- $629 / 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 $11,668 $520,200 $382,800 $137,400
2024 $11,444 $520,200 $382,800 $137,400
2023 $10,579 $353,000 $272,300 $80,700
2022 $10,382 $353,000 $272,300 $80,700
2021 $8,442 $353,000 $272,300 $80,700
2020 $4,484 $353,000 $272,300 $80,700
2019 $10,008 $353,000 $272,300 $80,700
2018 $11,799 $420,800 $347,900 $72,900
2017 $7,925 $420,800 $347,900 $72,900
2016 $11,147 $420,800 $347,900 $72,900
2015 $10,840 $420,800 $347,900 $72,900
2014 $9,947 $395,200 $304,200 $91,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170527211

SmartMLS

APN: MADI-000013-000000-000056