NOT LISTED FOR SALE

57 Dream Lake Dr Madison, CT 06443

Estimated Value: $973,000 - $1,224,000

4 Beds
3.5 Baths
2,577 Sq Ft
$434/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2022

Last sale price $997,500 $387 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,053 / mo

1 Day on Market

Highlights

  • Lake Front
  • Detached Guest House
  • 4.57 Acre Lot
  • Walter C. Polson Middle School Rated A
  • Sub-Zero Refrigerator
  • Open Floorplan

About This Home

As of June 2022

WELCOME TO YOUR DIRECT WATERFRONT DREAM HOME - A contemporary style home nestled on Dream Lake within the shoreline town of Madison, Connecticut. This 4-bedroom, 3 full and 1 half bath home sits on a 4.6-acre, lightly wooded lot, overlooking the lake and provides the perfect escape from a busy day of work or play. An open floor concept with a soaring cathedral ceiling is revealed once you enter the front entry. A woodstove in the foyer provides additional warmth during the winter season. The dining room offers a wood-burning fireplace and leads to a sitting area/family room which flows into the sunroom and recently remodeled (in 2021) kitchen. Enjoy beautiful water-views through large glass windows and doors from most rooms. The kitchen was designed by Kitchens by Gedney and features a center island, top-of-the-line stainless steel appliances, including a WOLF oven with 6-burner gas cook-top and a Sub-Zero refrigerator. The outdoor deck can be accessed via the sunroom and kitchen providing easy indoor to outdoor entertaining. The second floor holds 3 bedrooms, including an en-suite and a second full bath to service the other two bedrooms. The master bedroom is found on the upper level and provides wonderful lake views as well as a cathedral ceiling w/exposed beams and fan, and an updated full bath, providing a private retreat for the owner. The lower level offers an additional 500 SF of finished space ~ room for a home office or recreation room.

Last Agent to Sell the Property

Rose Ciardiello

William Raveis Real Estate License #RES.0798086 Listed on: 04/25/2022

William Raveis Real Estate

Last Buyer's Agent

Barbara Goetsch

William Pitt Sotheby's Int'l License #RES.0772208

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,791

Year Built

  • Built in 1984

Lot Details

  • 4.57 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Partially Wooded Lot
  • Property is zoned RU-1

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Open Floorplan
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Entrance Foyer
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Sub-Zero Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

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

Schools

  • Brown Middle School
  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Power Generator
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Deck
  • Detached Guest House
  • Property is near golf course

Community Details

  • Dream Lake Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,791

Year Built

Built in 1984

Lot Details

4.57 Acres

HOA Fees

$8 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 2077
  • Public Record Living Room Sq Ft: 1873
  • Sq Ft Est Heated Below Grade: 500
  • Total Sq Ft: 2577
  • Year Built: 1984
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Playground/Tot Lot, Private School(s), Tennis Courts
  • In Law Access: Detached
  • Remarks Public Addendum: Embrace your waterfront adventure from a floating dock, a picnic on the pergola, or enjoy a lakeside bonfire. End the day with a relaxing soak in the hot tub. Beautifully landscaped gardens, stone paver walkways and easy access to outdoor spaces allow for
  • In Law Apartment: Yes
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3972
  • Directions: I-95 --> Exit 61, Durham Road/Route 79 --> Route 79/80 circle --> Route 80 --> Dream Lake Drive to #57
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Fully Finished
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Cooktop, Oven/Range, Subzero, Dishwasher, Wine Chiller
  • Additional Rooms: Foyer
  • Laundry Room Location: lower level
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Guest House
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Lake, Dock or Mooring, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 100
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Fireplace Insert, Generator, Thermopane Windows

Lot Info

  • Acres: 4.5700
  • Lot Description: On Cul-De-Sac, In Subdivision, Water View, Lightly Wooded
  • Flood Zone: No
  • Zoning: RU-1

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 8791
  • Mil Rate Base: 28.850
  • Assessor Parcel Number: 1160597

MLS Schools

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 15, 2022
Sold by
Bought by
Seller's Agent
Rose Ciardiello
William Raveis Real Estate
Buyer's Agent
Barbara Goetsch
William Pitt Sotheby's Int'l
List Price
$800,000
Sold Price
$997,500
Premium/Discount to List
$197,500
24.69%
Current Estimated Value
$1,118,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,064
Avg. Annual Appreciation
2.86%
Original Mortgage
$400,000
Outstanding Balance
$377,866
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$740,698

Purchase Details

Closed on
Nov 19, 2013
Sold by
Bought by

Purchase Details

Closed on
May 12, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$997,500 None Available
-- --
$600,000 --
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 $400,000
Previous Owner $179,000
Previous Owner $296,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $997,500 +24.7% $387 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $800,000 -- $310 / Sq Ft
Source: SmartMLS

Tax 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.

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 $12,462 $555,600 $203,400 $352,200
2024 $12,223 $555,600 $203,400 $352,200
2023 $10,858 $362,300 $156,600 $205,700
2022 $8,961 $304,700 $156,600 $148,100
2021 $8,791 $304,700 $156,600 $148,100
2020 $8,638 $304,700 $156,600 $148,100
2019 $8,638 $304,700 $156,600 $148,100
2018 $9,290 $331,300 $149,800 $181,500
2017 $9,044 $331,300 $149,800 $181,500
2016 $8,776 $331,300 $149,800 $181,500
2015 $8,534 $331,300 $149,800 $181,500
2014 $12,570 $499,400 $274,900 $224,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170449047

SmartMLS

APN: MADI-000141-000000-000012

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