NOT LISTED FOR SALE

7 Madison Ave Madison, CT 06443

Estimated Value: $1,126,000 - $1,176,000

5 Beds
3 Baths
2,566 Sq Ft
$450/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $625,000 $244 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,116/month

38 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • Walter C. Polson Upper Middle School Rated A
  • 1 Fireplace
  • Heated Enclosed Porch

About This Home

As of October 2020

Nestled between downtown Madison and East Wharf beach this charming home boasts five large bedrooms and a spacious first floor. Revamped and adorable it provides room for everyone, a private back yard, a two car garage and so much more. It is so easy to stroll home from East Wharf Beach and rinse off in your private outdoor shower. The first floor full bath is perfectly situated close to the den, this would be perfect for guests where stairs may be a problem. Less than a fifth of a mile from the beach in a quiet neighborhood, this home is a must see.

Last Agent to Sell the Property

Lorey Walz

Coldwell Banker Realty License #RES.0711090 Listed on: 08/17/2020

Coldwell Banker Realty

Last Buyer's Agent

Kirsten Adams

William Pitt Sotheby's Int'l License #RES.0789096

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,117

Year Built

  • Built in 1890

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Property is zoned R-4

Home Design

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

Interior Spaces

  • 2,566 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Heated Enclosed Porch
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Breezeway

Location

  • Flood Zone Lot

Schools

  • J. Milton Elementary School
  • Brown Middle School
  • Daniel Hand High School

Utilities

  • Radiant Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,117

Year Built

Built in 1890

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2566
  • Public Record Living Room Sq Ft: 2566
  • Total Sq Ft: 2566
  • Year Built: 1890
  • Nearby Amenities: Public Rec Facilities
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4374
  • Directions: Rte. 1 to East Wharf to MAdison Ave
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Crawl Space
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Electric Range, Refrigerator, Dishwasher
  • Additional Rooms: Breezeway
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Patio, Porch-Enclosed, Porch-Heated
  • Exterior Siding: Wood
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Radiant
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1800
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R-4

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 12117
  • Mil Rate Base: 28.350
  • Assessor Parcel Number: 1154114

MLS Schools

  • Elementary School: J. Milton
  • Middle Jr High School: Brown
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Oct 14, 2020
Sold by
Wellinglou Llc
Bought by
Howard Maxine M
Seller's Agent
Lorey Walz
Coldwell Banker Realty
Buyer's Agent
Kirsten Adams
William Pitt Sotheby's Int'l
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$1,154,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,678
Avg. Annual Appreciation
12.09%
Original Mortgage
$500,000
Outstanding Balance
$444,723
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$709,955

Purchase Details

Closed on
Jan 9, 2020
Sold by
Duff Amanda and Duff Charles
Bought by
Wellinglou Llc

Purchase Details

Listed on
Jul 21, 2015
Closed on
May 23, 2018
Sold by
Smith Nora E
Bought by
Duff Charles and Duff Amanda
Seller's Agent
Lorey Walz
Coldwell Banker Realty
Buyer's Agent
Lorey Walz
Coldwell Banker Realty
List Price
$690,000
Sold Price
$495,000
Premium/Discount to List
-$195,000
-28.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$450,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 1998
Sold by
Scharf Donald F
Bought by
Smith Nora E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Howard Maxine M $625,000 None Available
Wellinglou Llc -- None Available
Duff Charles $495,000 --
Smith Nora E $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Maxine M $500,000
Previous Owner Smith Nora E $450,000
Previous Owner Smith Nora E $250,000
Previous Owner Smith Nora E $128,442
Previous Owner Smith Nora E $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $625,000 0.0% $244 / Sq Ft
08/17/2020 08/17/20 For Sale $625,000 0.0% $244 / Sq Ft
09/27/2018 09/27/18 Rented $2,300 0.0% --
09/16/2018 09/16/18 Under Contract -- -- --
08/03/2018 08/03/18 Price Changed $2,300 -8.0% $1 / Sq Ft
07/13/2018 07/13/18 For Rent $2,500 0.0% --
05/21/2018 05/21/18 Sold $495,000 -8.3% $200 / Sq Ft View Prior Sale
04/16/2018 04/16/18 Pending -- -- --
03/13/2017 03/13/17 Price Changed $540,000 0.0% $218 / Sq Ft
10/21/2015 10/21/15 Rented $1,800 0.0% --
10/21/2015 10/21/15 Under Contract -- -- --
09/29/2015 09/29/15 For Rent $1,800 0.0% --
07/21/2015 07/21/15 For Sale $690,000 -- $279 / Sq Ft
Source: SmartMLS

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 $14,230 $634,400 $504,400 $130,000
2024 $15,468 $703,100 $504,400 $198,700
2023 $12,809 $427,400 $291,000 $136,400
2022 $12,570 $427,400 $291,000 $136,400
2021 $12,330 $427,400 $291,000 $136,400
2020 $12,117 $427,400 $291,000 $136,400
2019 $12,117 $427,400 $291,000 $136,400
2018 $12,999 $463,600 $316,100 $147,500
2017 $12,656 $463,600 $316,100 $147,500
2016 $12,281 $463,600 $316,100 $147,500
2015 $11,942 $463,600 $316,100 $147,500
2014 $11,437 $454,400 $328,000 $126,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170327472

SmartMLS

APN: MADI-000017-000000-000019

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