NOT LISTED FOR SALE

7 Thames Way Madison, CT 06443

Estimated Value: $702,000 - $826,000

4 Beds
3.5 Baths
2,646 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $300,000 $113 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $4,977/month

17 Days on Market

Highlights

  • Barn
  • Colonial Architecture
  • Attic
  • Walter C. Polson Upper Middle School Rated A
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of August 2016

"Diamond in the rough." Spacious side-hall colonial needs TLC for deferred maintenance. Main house has 3 spacious bedrooms, 2.1 baths, large country kitchen, separate living rm, dining rm, vaulted-ceiling family rm w/ fireplace. Screened (with removable windows) porch, full & finished walk-out lower level w/ wood stove & wet bar. PLUS full in-law suite above 2-car garage includes sitting room w/ balcony, kitchenette, full bath and bedroom. Separate entry option for in-law apt. PLUS, PLUS: separate 24 x 24 barn w/ cement floor, steel I-beam above high ceiling and spiral staircase to loft above. Many possibilities. Located on cul-de-sac of $525+++ homes. Grounds incl. beautiful stone walls. Home needs work but neighborhood supports the investment. Sold AS IS. Not a short sale.

Last Agent to Sell the Property

Heidi Pastore

William Pitt Sotheby's Int'l License #RES.0758202 Listed on: 05/16/2016

William Pitt Sotheby's Int'l

Last Buyer's Agent

Heather Clinton

Berkshire Hathaway NE Prop. License #RES.0776259

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,194

Year Built

  • Built in 1986

Lot Details

  • 1.22 Acre Lot
  • Stone Wall
  • Corner Lot
  • Partially Wooded Lot

Home Design

  • Colonial Architecture
  • Clap Board Siding

Interior Spaces

  • 2,646 Sq Ft Home
  • Whole House Fan
  • 1 Fireplace
  • Workshop
  • Walkup Attic
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Schools

  • Pboe Elementary And Middle School
  • Dr. Robert H. Brown Middle School
  • Daniel Hand High School

Farming

  • Barn

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Underground Utilities
  • Private Company Owned Well
  • Tankless Water Heater
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: dining rm chandelier & sconces, kitchen chandelier

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,194

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2646
  • Year Built: 1986
  • In Law Access: Over Garage
  • In Law Apartment: Yes
  • Exclusions: dining rm chandelier & sconces, kitchen chandelier
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: I95 to exit 61 north on RT. 79 to Overbrook to STOP. Right into Opening Hill to left on Bradley Corners. Second left is Thames Way. #7 is first house on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Fully Finished, Full With Walk-Out, Walk-out
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Refrigerator
  • Additional Rooms: Workshop
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Barn, Porch-Enclosed, Stone Wall, Storage Building, Underground Utilities
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Whole House Fan
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: Daniel Hand
  • Intermediate School: Dr. Robert H. Brown

Lot Info

  • Acres: 1.2200
  • Lot Description: Corner Lot, Lightly Wooded, Fence - Stone
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 9194
  • Total Assessed Value: 347100
  • Mil Rate Total: 26.490
  • Assessor Parcel Number: 1159952

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Aug 23, 2016
Sold by
Saranich Eilleen M
Bought by
Olchek Deborah
Seller's Agent
Heidi Pastore
William Pitt Sotheby's Int'l
Buyer's Agent
Heather Clinton
Berkshire Hathaway NE Prop.
List Price
$338,000
Sold Price
$300,000
Premium/Discount to List
-$38,000
-11.24%
Current Estimated Value
$780,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,629
Avg. Annual Appreciation
10.99%
Original Mortgage
$311,253
Outstanding Balance
$250,485
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$530,144
Source: Public Records

Range of Values:

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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
Olchek Deborah $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olchek Deborah $311,253
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2016 08/23/16 Sold $300,000 -11.2% $113 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $338,000 -- $128 / 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 $10,210 $455,200 $134,700 $320,500
2024 $10,014 $455,200 $134,700 $320,500
2023 $9,758 $325,600 $113,100 $212,500
2022 $9,576 $325,600 $113,100 $212,500
2021 $7,076 $325,600 $113,100 $212,500
2020 $7,498 $325,600 $113,100 $212,500
2019 $9,231 $325,600 $113,100 $212,500
2018 $9,733 $347,100 $126,000 $221,100
2017 $7,618 $347,100 $126,000 $221,100
2016 $9,195 $347,100 $126,000 $221,100
2015 $8,941 $347,100 $126,000 $221,100
2014 $10,310 $409,600 $137,600 $272,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Heidi Pastore

    William Pitt

    Section Image
  • Heather Clinton

    Buyer's Agent in 2016

    Heather Clinton

    Berkshire Hathaway Home Services

    (203) 530-7363

    12 in this area

    31 Total Sales

    Heather Clinton
    Section Image
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Map

Source: SmartMLS

MLS Number: N10135899

SmartMLS

APN: MADI-000121-000000-000051

Connecticut New Haven County Madison 06443

7 Thames Way, Madison, CT

This home is located at 7 Thames Way, Madison, CT 06443 since 16 May 2016 and is currently estimated at $780,629, approximately $295 per square foot. This property was built in 1986. 7 Thames Way is a home located in New Haven County with nearby schools including Walter C. Polson Upper Middle School, Daniel Hand High School, and The Country School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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