NOT LISTED FOR SALE

58E Kelsey Place Madison, CT 06443

Estimated Value: $632,000 - $750,000

2 Beds
1 Bath
958 Sq Ft
$708/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $450,000 $470 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,523/month

116 Days on Market

Highlights

  • Beach Access
  • Ranch Style House
  • 1 Fireplace
  • Walter C. Polson Upper Middle School Rated A
  • Attic
  • Corner Lot

About This Home

As of July 2019

Turn-key & terrific with deeded beach rights! This is the home by the beach you have been waiting for: totally re-
built from top to bottom, this 1,000-sf +/- impeccably designed home lives large.
Vaulted living space with abundant natural light, beautiful eat-in kitchen with cozy stone fireplace,
2 bedrooms with large closets, and den/office space presently being used as 3rd bedroom.
This home offers heating and cooling for year round comfort.
Enjoy the outdoor kitchen with large stone patio for summer living after a day at the beach. The outdoor shower and fire pit give
this beach home the feel of coastal living at its best. Great use of space with ample storage in the full basement.
Indoor and outdoor beach side summers and cozy winters … this is the one you
have been waiting for … year ‘round, weekends or as a proven rental investment 58E
Kelsey Place is indeed turn-key and terrific. Beach Rights to Kelsey Beach Association.

Last Agent to Sell the Property

Dean Mitchell

William Pitt Sotheby's Int'l License #RES.0791167 Listed on: 02/05/2019

William Pitt Sotheby's Int'l

Last Buyer's Agent

Dean Mitchell

William Pitt Sotheby's Int'l License #RES.0791167 Listed on: 02/05/2019

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,723

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned R-5

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 958 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Public Water Access
  • Walking Distance to Water

Location

  • Property is near a golf course

Schools

  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Association fees include lake/beach access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,723

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 958
  • Public Record Living Room Sq Ft: 958
  • Total Sq Ft: 958
  • Year Built: 1950
  • Nearby Amenities: Golf Course
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Special Assessment Details: $335.30 annually for beach association
  • Public Record Gross Sq Ft: 2814
  • Tax Year Updated Dt: 07/08/2019
  • Directions: Neck Road to Kelsey
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 58E

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Water Community, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fee Frequency: Annually
  • HOA: No
  • Special Association Assessment Y: Yes

Schools

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

Lot Info

  • Acres: 0.1400
  • Lot Description: Corner Lot, Level Lot
  • Zoning: R-5

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 7723
  • Total Assessed Value: 272400
  • Mil Rate Base: 28.040
  • Mil Rate Total: 28.350
  • Assessor Parcel Number: 1154447

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2011
Sold by
Est Dwyer Robert L and Dwyer Alan J
Bought by
Galvin Eric B and Galvin Amy
Total Days on Market
116
Current Estimated Value
$677,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$20,153
Interest Rate
4.82%
Estimated Equity
$694,837
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
Galvin Eric B $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Lesley $204,000
Previous Owner Smith Lesley $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $450,000 -6.1% $470 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
04/03/2019 04/03/19 Price Changed $479,000 -4.0% $500 / Sq Ft
02/05/2019 02/05/19 For Sale $499,000 -- $521 / 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 $8,789 $399,500 $260,500 $139,000
2023 $8,164 $272,400 $185,200 $87,200
2022 $8,011 $272,400 $185,200 $87,200
2021 $7,859 $272,400 $185,200 $87,200
2020 $7,723 $272,400 $185,200 $87,200
2019 $7,723 $272,400 $185,200 $87,200
2018 $7,439 $265,300 $173,200 $92,100
2017 $7,243 $265,300 $173,200 $92,100
2016 $7,028 $265,300 $173,200 $92,100
2015 $6,834 $265,300 $173,200 $92,100
2014 -- $301,300 $224,900 $76,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170161902

SmartMLS

APN: MADI-000024-000000-000087