NOT LISTED FOR SALE

579 Opening Hill Rd Madison, CT 06443

Estimated Value: $551,000 - $717,000

5 Beds
3.5 Baths
2,380 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $680,000 $286 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,255/month

74 Days on Market

Highlights

  • Detached Guest House
  • Colonial Architecture
  • 2 Fireplaces
  • Walter C. Polson Upper Middle School Rated A
  • Attic
  • Tankless Water Heater

About This Home

As of March 2024

Welcome to this exquisite fully remodeled Colonial nestled on a generous .92-acre lot in the town of Madison. Located just 15 minutes away from Hammonasset Beach & easy access to New Haven, Old Lyme, Hartford, Casinos & Misquamicut Beach all within less then 1 hour away. The main house welcomes you with an inviting front porch that brings you into the semi-open concept layout w/ gleaming hardwood flooring that runs throughout. The main level provides 2 wood-burning fireplaces & recessed lighting. Eat-in kitchen boasts quartz countertops, stainless steel appliances, ample cabinetry space & large center island with breakfast bar. including a primary bedroom featuring a walk-in closet & on-suite full bath. The detached cottage is a true gem. W/ 1 bedroom, 1 bath, a laundry room, kitchen & a combination living room/dining room the cottage provides a perfect private in-law apartment. Sharing the well & electric service, including a hard-wired generator w/ the main house, the detached cottage also features a separate septic system. Whether you are captivated by the thoughtfully designed main house or enticed by the possibilities offered by the detached cottage, this property promises a lifestyle of comfort & convenience. Embrace the tranquility of Madison while enjoying easy access to beaches, vibrant cities & entertainment destinations.

Last Agent to Sell the Property

Shane Khan

Regency Real Estate, LLC License #RES.0826114 Listed on: 01/05/2024

Regency Real Estate, LLC

Last Buyer's Agent

tina redden

Houlihan Lawrence WD License #REB.0792673

Houlihan Lawrence WD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,450

Year Built

  • Built in 1972

Lot Details

  • 0.92 Acre Lot
  • Level Lot
  • Property is zoned RU-1

Home Design

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

Interior Spaces

  • 2,380 Sq Ft Home
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Garage
  • Gravel Driveway

Additional Homes

  • Detached Guest House

Utilities

  • Baseboard Heating
  • Heating System Uses Propane
  • Private Company Owned Well
  • Tankless Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1159749

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,450

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2380
  • Total Sq Ft: 2380
  • Year Built: 1972
  • New Construction: No/Resale
  • In Law Access: Detached
  • Remarks Public Addendum: Cottage Dimensions: Kitchen: 15.08 x 11.41, Living Room: 19.41 x 13.91, Laundry Room: 11.33 x 5.91, Bathroom: 10.00 x 5.00, Bedroom:16.91 x 14.16
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4967
  • Directions: GPS Friendly.
  • Financing Used: Assumed Conventional
  • In Law Apartment: Yes
  • Living Area Sq Ft Per Public Record: 2380
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Full
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Attic: Yes
  • Street Number Modifier: 579

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Gravel
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 0.92
  • Lot Description: Level Lot
  • Zoning: RU-1
  • Parcel #: 1159749

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 9450
  • Total Assessed Value: 315300
  • Mil Rate Total: 29.97

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
Jan 5, 2024
Closed on
Mar 15, 2024
Sold by
29 Bellevue Street Llc
Bought by
Farrell Kyle J and Farrell Alexander
Seller's Agent
Shane Khan
Regency Real Estate, LLC
Buyer's Agent
tina redden
Houlihan Lawrence WD
List Price
$650,000
Sold Price
$680,000
Premium/Discount to List
$30,000
4.62%
Total Days on Market
74
Views
218
Current Estimated Value
$666,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,376
Avg. Annual Appreciation
-1.64%
Original Mortgage
$612,000
Outstanding Balance
$604,750
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$61,874

Purchase Details

Listed on
Apr 26, 2023
Closed on
Nov 8, 2023
Sold by
Webb Barbara A Est and Webb
Bought by
29 Bellevue Street Llc
Seller's Agent
Jenn Feiman
KW Legacy Partners
Buyer's Agent
Joe Rohinsky
Coldwell Banker Realty
List Price
$400,000
Sold Price
$340,000
Premium/Discount to List
-$60,000
-15%
Views
289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
585.80%
Original Mortgage
$440,650
Interest Rate
7.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2014
Sold by
Dombkowski William and Usa Irs
Bought by
Usa Irs
Source: Public Records

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Range of Values:

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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
Farrell Kyle J $680,000 None Available
Farrell Kyle J $680,000 None Available
29 Bellevue Street Llc $340,000 None Available
29 Bellevue Street Llc $340,000 None Available
Usa Irs -- --
Usa Irs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell Kyle J $612,000
Closed Farrell Kyle J $612,000
Previous Owner 29 Bellevue Street Llc $440,650
Previous Owner Webb Thomas $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $680,000 +4.6% $286 / Sq Ft
02/14/2024 02/14/24 Price Changed $650,000 0.0% $273 / Sq Ft
02/14/2024 02/14/24 For Sale $650,000 -4.4% $273 / Sq Ft
02/02/2024 02/02/24 Off Market $680,000 -- --
01/05/2024 01/05/24 For Sale $729,000 +114.4% $306 / Sq Ft
11/08/2023 11/08/23 Sold $340,000 -15.0% $143 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $400,000 +17.6% $168 / Sq Ft
07/03/2023 07/03/23 Off Market $340,000 -- --
05/06/2023 05/06/23 For Sale $400,000 -- $168 / 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
2024 $8,615 $391,600 $106,500 $285,100
2023 $9,450 $315,300 $81,900 $233,400
2022 $9,273 $315,300 $81,900 $233,400
2021 $5,410 $315,300 $81,900 $233,400
2020 $8,939 $315,300 $81,900 $233,400
2019 $8,939 $315,300 $81,900 $233,400
2018 $9,032 $322,100 $85,800 $236,300
2017 $8,793 $322,100 $85,800 $236,300
2016 $8,532 $322,100 $85,800 $236,300
2015 $8,297 $322,100 $85,800 $236,300
2014 $7,219 $286,800 $105,000 $181,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170617206

SmartMLS

APN: MADI-000115-000000-000083