NOT LISTED FOR SALE

7 Fence Creek Dr Madison, CT 06443

Estimated Value: $1,907,340 - $2,283,000

5 Beds
4.5 Baths
4,255 Sq Ft
$494/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $1,075,000 $253 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $13,447/month

11 Days on Market

Highlights

  • Beach Front
  • Cabana
  • Deck
  • Walter C. Polson Upper Middle School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of May 2016

Beautiful stately colonial home, set on just less than an acre, in the sought after Fence Creek neighborhood/ East Wharf area of Madison just waiting for you to add your own personality to its interior. Home is priced with this in mind and is an incredible value for this high-end neighborhood. You can have it all – a perfect family home, great location with a beautiful pool/pool house, just a short walk to the beach and town. New: boiler and 7 zone heating system, central air, sprinkler system, renovated basement. In this case you can't judge this home by its photos - it is a must see!

Last Agent to Sell the Property

Ruthanna Terreri

Coldwell Banker Realty Listed on: 03/15/2016

Last Buyer's Agent

Jean Gerrity

William Pitt Sotheby's Int'l License #RES.0256556

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,654

Year Built

  • Built in 1973

Lot Details

  • 0.96 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • Corner Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 4,255 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Home Security System

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Outdoor Storage
  • Breezeway

Schools

  • Island Avenue Elementary School
  • Daniel Hand High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,654

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 4255
  • Year Built: 1973
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Route 1 to East Wharf left on Fence Creek.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Full
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Cable - Pre-wired, Security System
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Gas Cooktop, Refrigerator, Range Hood, Washer
  • Laundry Room Location: Upper Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Breezeway, Cabana, Deck, Patio, Underground Sprinkler, Storage Building
  • Exterior Siding: Aluminum
  • Waterfront Description: Access, Beach, Walk to Water
  • Swimming Pool: Yes
  • Pool: In Ground Pool

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Island Avenue
  • High School: Daniel Hand

Lot Info

  • Acres: 0.9600
  • Lot Description: Corner Lot, On Cul-De-Sac, Fence - Partial, Fence - Privacy, Professionally Landscaped
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 20654
  • Total Assessed Value: 801800
  • Mil Rate Total: 25.760
  • Assessor Parcel Number: 1154908

MLS Schools

  • Elementary School: Island Avenue
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 12, 2016
Sold by
Zuber Beverley J
Bought by
Kadamus David and Kadamus Pamela
Seller's Agent
Ruthanna Terreri
Coldwell Banker Realty
Buyer's Agent
Jean Gerrity
William Pitt Sotheby's Int'l
List Price
$1,195,000
Sold Price
$1,075,000
Premium/Discount to List
-$120,000
-10.04%
Current Estimated Value
$2,102,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,027,780
Avg. Annual Appreciation
7.37%

Purchase Details

Listed on
Mar 15, 2016
Closed on
Mar 24, 2016
Sold by
Zuber Beverley J and Rapport Jack M
Bought by
Zuber Beverley J
Seller's Agent
Ruthanna Terreri
Coldwell Banker Realty
Buyer's Agent
Jean Gerrity
William Pitt Sotheby's Int'l
List Price
$1,195,000
Sold Price
$1,075,000
Premium/Discount to List
-$120,000
-10.04%

Purchase Details

Closed on
Mar 23, 1995
Sold by
Marvin-Smith Lisa M
Bought by
Davidge Nicholas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Kadamus David $1,075,000 --
Zuber Beverley J -- --
Davidge Nicholas A $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davidge Nicholas A $920,000
Previous Owner Davidge Nicholas A $487,500
Previous Owner Davidge Nicholas A $500,000
Previous Owner Davidge Nicholas A $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2016 05/11/16 Sold $1,075,000 -10.0% $253 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $1,195,000 +3.9% $281 / Sq Ft
09/16/2013 09/16/13 Sold $1,150,000 -8.6% $292 / Sq Ft View Prior Sale
07/15/2013 07/15/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $1,258,000 -- $320 / 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 $27,573 $1,229,300 $627,600 $601,700
2024 $26,695 $1,213,400 $627,600 $585,800
2023 $24,908 $831,100 $437,300 $393,800
2022 $24,443 $831,100 $437,300 $393,800
2021 $23,977 $831,100 $437,300 $393,800
2020 $23,562 $831,100 $437,300 $393,800
2019 $23,562 $831,100 $437,300 $393,800
2018 $23,834 $850,000 $462,800 $387,200
2017 $23,205 $850,000 $462,800 $387,200
2016 $21,240 $801,800 $462,800 $339,000
2015 $20,654 $801,800 $462,800 $339,000
2014 $22,447 $891,800 $455,600 $436,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10116931

SmartMLS

APN: MADI-000028-000000-000051