NOT LISTED FOR SALE

54 Cherry Ln Madison, CT 06443

Estimated Value: $1,425,000 - $1,577,095

4 Beds
2.5 Baths
2,896 Sq Ft
$519/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2014

Last sale price $800,000 $276 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,958 / mo

162 Days on Market

Highlights

  • Open Floorplan
  • Cape Cod Architecture
  • Partially Wooded Lot
  • Walter C. Polson Upper Middle School Rated A
  • Secluded Lot
  • 3-minute walk to Madison Surf Club

About This Home

As of July 2014

On a private road between the village of madison and west wharf beach this pristine four bedroom home is perfectly situated on the lot to take full advantage of the views of the country club. First floor master, hard wood floors through .

Last Agent to Sell the Property

Lorey Walz

Coldwell Banker Realty License #RES.0711090 Listed on: 01/07/2014

Coldwell Banker Realty

Last Buyer's Agent

Cheri Paulsen

Advise Realty Services License #RES.0762450

Advise Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,942

Year Built

  • Built in 1966

Lot Details

  • 15,028 Sq Ft Lot
  • Stone Wall
  • Secluded Lot
  • Open Lot
  • Partially Wooded Lot
  • Garden

Home Design

  • Cape Cod Architecture
  • Wood Siding

Interior Spaces

  • 2,896 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Unfinished Basement
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Breezeway

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,942

Year Built

Built in 1966

Lot Details

0.34 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 2896
  • Year Built: 1966
  • In Law Access: Possible
  • In Law Apartment: Possible
  • Easements Right Of Way: Private Road
  • Direct Waterfront: No
  • Directions: Boston post, s onto we3st wharf rpoad, left onto cherry lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Crawl Space, Unfinished
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Open Floor Plan, Security System
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Range Hood, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Breezeway, Garden Area, Patio, Stone Wall
  • Exterior Siding: Wood
  • Waterfront Description: Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Cesspool

Schools

  • Intermediate School: Brown

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.3450
  • Lot Description: Lightly Wooded, Open Lot, Secluded, Professionally Landscaped

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 9942
  • Assessor Parcel Number: 1154721

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2014
Closed on
Jul 25, 2014
Sold by
Drummond Joseph J and Drummond Susanne M
Bought by
Wilds Tracey and Otsuki Juko A
Seller's Agent
Lorey Walz
Coldwell Banker Realty
Buyer's Agent
Cheri Paulsen
Advise Realty Services
List Price
$910,000
Sold Price
$800,000
Premium/Discount to List
-$110,000
-12.09%
Current Estimated Value
$1,552,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$752,360
Avg. Annual Appreciation
5.47%
Original Mortgage
$350,000
Outstanding Balance
$262,086
Interest Rate
4.18%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,242,279

Purchase Details

Closed on
Sep 23, 1994
Sold by
Adeline W Holmes Ft and Holmes
Bought by
Drummond Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Wilds Tracey $800,000 --
Drummond Suzanne $295,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Drummond Suzanne $350,000
Previous Owner Drummond Suzanne $200,000
Previous Owner Drummond Suzanne $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $800,000 -12.1% $276 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $910,000 -- $314 / Sq Ft
Source: SmartMLS

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 $18,491 $824,400 $538,600 $285,800
2024 $18,137 $824,400 $538,600 $285,800
2023 $14,667 $489,400 $311,100 $178,300
2022 $14,393 $489,400 $311,100 $178,300
2021 $14,119 $489,400 $311,100 $178,300
2020 $31,745 $489,400 $311,100 $178,300
2019 $13,874 $489,400 $311,100 $178,300
2018 $13,672 $487,600 $324,500 $163,100
2017 $13,311 $487,600 $324,500 $163,100
2016 $12,917 $487,600 $324,500 $163,100
2015 $12,561 $487,600 $324,500 $163,100
2014 $14,707 $584,300 $388,500 $195,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: M9144882

SmartMLS

APN: MADI-000026-000000-000050

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