Seller's Agent in 2023
Erin Connelly
Coldwell Banker Realty
(203) 668-9696
14 in this area
106 Total Sales
57 Island Ave Madison, CT 06443
Estimated Value: $1,500,000 - $1,733,000
4
Beds
3.5
Baths
3,006
Sq Ft
$528/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Walking Distance to Water
- Hot Water Circulator
- Walter C. Polson Upper Middle School Rated A
- Central Air
- Hot Water Heating System
About This Home
As of June 2023Location! Location! Welcome to your own private oasis! This is a rare opportunity to own almost an acre of land south of route one, so close to town & the Long Island Sound. This beautiful & unique 4 bedroom, 3.5 bath contemporary split level home is located on a large, level lot in a very desirable neighborhood just a few minutes to Long Island Sound, beaches, town center, I95, train, restaurants, shops and more. The bright open layout allows for easy access between each level of the home and is perfect for entertaining or large family gatherings. The renovated gourmet kitchen offers vaulted ceilings, stainless steel appliances, granite countertops, double ovens, wine refrigerator and a big center island. From the kitchen you flow right into the spacious dining room with high ceilings and a centrally located wood burning fireplace. Step down one level to either the grand family room with vaulted ceilings and a full wall of windows that bathe the room with natural light or to the cozy living room with wood burning fireplace. The lower level has an additional bedroom with ensuite bathroom and room for either another office, bedroom or workspace. On the third floor there are three more bedrooms, including a primary suite that includes a fabulous full bathroom with tiled walk-in shower and granite vanity. There is an additional office & one more full bathroom that finishes off the third. Home also has a two-car garage, basement, central air, natural gas & public water.
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0799239 Listed on: 04/16/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,950
Year Built
- Built in 1977
Lot Details
- 0.98 Acre Lot
- Property is zoned R-3
Home Design
- Split Level Home
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Redwood Siding
- Cedar Siding
Interior Spaces
- 3,006 Sq Ft Home
- 1 Fireplace
- Unfinished Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 2 Car Garage
- Driveway
Outdoor Features
- Walking Distance to Water
Schools
- Daniel Hand High School
Utilities
- Central Air
- Hot Water Heating System
- Heating System Uses Natural Gas
- Hot Water Circulator
Listing and Financial Details
- Assessor Parcel Number 1154803
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2023
Closed on
Jun 29, 2023
Sold by
Callahan Michael J Est and Carroll
Bought by
Sears Christopher and Sears Laura
Seller's Agent
Erin Connelly
Coldwell Banker Realty
Buyer's Agent
Cathy Lynch
Coldwell Banker Realty
List Price
$1,275,000
Sold Price
$1,215,000
Premium/Discount to List
-$60,000
-4.71%
Views
105
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,800
Avg. Annual Appreciation
13.00%
Original Mortgage
$960,000
Outstanding Balance
$929,033
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$656,767
Purchase Details
Closed on
Jun 11, 1990
Sold by
Kwass Anne B
Bought by
Callahan Michael J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sears Christopher | $1,215,000 | None Available | |
| Callahan Michael J | $375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sears Christopher | $960,000 | |
| Previous Owner | Callahan Michael J | $499,976 | |
| Previous Owner | Callahan Michael J | $194,836 | |
| Previous Owner | Callahan Michael J | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2023 06/29/23 | Sold | $1,215,000 | -4.7% | $404 / Sq Ft |
| 05/17/2023 05/17/23 | Pending | -- | -- | -- |
| 04/16/2023 04/16/23 | For Sale | $1,275,000 | -- | $424 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $21,295 | $949,400 | $576,900 | $372,500 |
| 2024 | $20,887 | $949,400 | $576,900 | $372,500 |
| 2023 | $15,950 | $532,200 | $334,300 | $197,900 |
| 2022 | $15,652 | $532,200 | $334,300 | $197,900 |
| 2021 | $15,354 | $532,200 | $334,300 | $197,900 |
| 2020 | $15,088 | $532,200 | $334,300 | $197,900 |
| 2019 | $15,088 | $532,200 | $334,300 | $197,900 |
| 2018 | $15,702 | $560,000 | $362,700 | $197,300 |
| 2017 | $15,288 | $560,000 | $362,700 | $197,300 |
| 2016 | $14,834 | $560,000 | $362,700 | $197,300 |
| 2015 | $14,426 | $560,000 | $362,700 | $197,300 |
| 2014 | $17,760 | $705,600 | $501,400 | $204,200 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Connelly
-
Ryan Connelly
Seller Co-Listing Agent in 2023
Ryan Connelly
Coldwell Banker Realty
(203) 871-9050
7 in this area
41 Total Sales
-
Cathy Lynch
Buyer's Agent in 2023
Cathy Lynch
Coldwell Banker Realty
(203) 627-2331
136 in this area
200 Total Sales
Map
Source: SmartMLS
MLS Number: 170563053
APN: MADI-000027-000000-000048
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