NOT LISTED FOR SALE

57 E Wharf Rd Madison, CT 06443

Estimated Value: $3,546,000 - $4,683,638

3 Beds
4 Baths
3,609 Sq Ft
$1,130/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $2,200,000 $610 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $27,501/month

201 Days on Market

Highlights

  • Waterfront
  • 3.2 Acre Lot
  • 3 Fireplaces
  • Walter C. Polson Upper Middle School Rated A
  • Cape Cod Architecture
  • No HOA

About This Home

As of November 2016

"Three Chimneys" - A private drive brings you in to a spectacular hilltop setting above East Wharf Road with commanding views over Fence Creek, along Middle Beach to Long Island Sound. This architect designed custom one of a kind home with water views and stone touches throughout offers more than 3 acres in a park-like private estate and a pastoral setting. Four bedrooms, 2.2 baths with over 4000 square feet of living space, this home is masterfully planned to incorporate both casual and formal spaces and breathtaking views from all rooms.

Last Agent to Sell the Property

Margaret Muir

William Pitt Sotheby's Int'l License #RES.0485255 Listed on: 03/24/2016

William Pitt Sotheby's Int'l

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,306

Year Built

  • Built in 1985

Lot Details

  • 3.2 Acre Lot
  • Waterfront
  • Sloped Lot
  • Many Trees
  • Property is zoned R-2

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,609 Sq Ft Home
  • 3 Fireplaces
  • Entrance Foyer
  • Water Views
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,306

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 3609
  • Public Record Living Room Sq Ft: 7992
  • Total Sq Ft: 3609
  • Year Built: 1985
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: Yes
  • Public Record Gross Sq Ft: 18255
  • Directions: Route 1 to East Wharf to #57 on left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 3
  • Basement Description: Partially Finished, Unfinished
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Additional Rooms: Foyer
  • Laundry Room Location: Main Floor
  • Attic: No
  • Street Number Modifier: 57

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Stone, Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 3.2000
  • Lot Description: Sloping Lot, Treed, Water View
  • Zoning: R-2

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 49306
  • Total Assessed Value: 1861300
  • Mil Rate Total: 26.490
  • Assessor Parcel Number: 1154920

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
Dec 1, 2016
Sold by
Ercall Llc
Bought by
Pathy Vinod V and Pathy Shefali R
Seller's Agent
Margaret Muir
William Pitt Sotheby's Int'l
Buyer's Agent
Non Member
Non-Member
List Price
$2,500,000
Sold Price
$2,200,000
Premium/Discount to List
-$300,000
-12%
Current Estimated Value
$4,079,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,879,213
Avg. Annual Appreciation
7.20%
Original Mortgage
$1,760,000
Outstanding Balance
$1,400,559
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,678,654

Purchase Details

Closed on
Jan 27, 2006
Sold by
Byrne Christina M S
Bought by
Ercall Inc

Purchase Details

Closed on
May 29, 1998
Sold by
Adams Frank D and Adams Joan P
Bought by
Byrne Christina Ms

Purchase Details

Closed on
Jan 8, 1998
Sold by
Adams Joan and Adams Frank D
Bought by
Heflin Jack M
Source: Public Records

Range of Values:

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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
Pathy Vinod V $2,200,000 --
Ercall Inc $4,000,000 --
Byrne Christina Ms $1,100,000 --
Heflin Jack M $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heflin Jack M $1,760,000
Previous Owner Heflin Jack M $250,000
Previous Owner Heflin Jack M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2016 11/30/16 Sold $2,200,000 0.0% $610 / Sq Ft
11/30/2016 11/30/16 Sold $2,200,000 -12.0% $610 / Sq Ft View Prior Sale
10/31/2016 10/31/16 Pending -- -- --
09/28/2016 09/28/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $2,500,000 0.0% $693 / Sq Ft
02/17/2016 02/17/16 For Sale $2,500,000 -- $693 / 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 $70,482 $3,142,300 $1,007,700 $2,134,600
2024 $69,131 $3,142,300 $1,007,700 $2,134,600
2023 $79,040 $2,637,300 $704,600 $1,932,700
2022 $77,563 $2,637,300 $704,600 $1,932,700
2021 $76,086 $2,637,300 $704,600 $1,932,700
2020 $45,527 $1,605,900 $704,600 $901,300
2019 $45,527 $1,605,900 $704,600 $901,300
2018 $52,191 $1,861,300 $1,000,100 $861,200
2017 $50,813 $1,861,300 $1,000,100 $861,200
2016 $49,306 $1,861,300 $1,000,100 $861,200
2015 $47,947 $1,861,300 $1,000,100 $861,200
2014 $61,100 $2,427,500 $1,603,000 $824,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99138874

SmartMLS

APN: MADI-000028-000000-000063