Seller's Agent in 2024
Margaret Muir
William Pitt
(203) 415-9187
97 in this area
130 Total Sales
86 Beach Ave Madison, CT 06443
Estimated Value: $627,000 - $927,576
2
Beds
1
Bath
1,512
Sq Ft
$543/Sq Ft
Est. Value
Highlights
- Open Floorplan
- 1 Fireplace
- Walking Distance to Water
- Walter C. Polson Upper Middle School Rated A
- Cottage
- Porch
About This Home
As of September 2024Write a great novel or just read one in this unique bungalow retreat. Walk to the deep, sandy beach just down the street from this charming, year-round, renovated beach cottage! Adjacent to acres of salt marsh and with a view of the Faulkner Island lighthouse, this 1930s getaway underwent a significant renovation in 2014 with a new foundation elevated to FEMA standards, new septic, new and raised roof, new HVAC and much more. Enter via a large (280 s.f.) screen porch which is sure to be the focus of rest and relaxation. The double height, open plan includes a living area with hardwood floors, a handsome, stone wood-burning fireplace, a well thought out kitchen with an island and a dining area. Two bedrooms and one full bath complete this level. A generous sized (672 s.f.) loft with clerestory windows offers the opportunity for multiple uses like overflow guests, office, den or studio. There is also an unfinished basement and an outdoor shower, perfect to rinse off the salt and sand before you watch the sun go down. Downtown Madison with its restaurants, shops, movie theater and bookstore is a five minute drive. NB: The 280 s.f. screen porch is not included the 1512 s.f. estimated by the town.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0485255 Listed on: 07/08/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,500
Year Built
- Built in 1940
Lot Details
- 10,454 Sq Ft Lot
- Sloped Lot
- Property is zoned R-4
Home Design
- Cottage
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Shingle Siding
Interior Spaces
- 1,512 Sq Ft Home
- Open Floorplan
- 1 Fireplace
- Unfinished Basement
- Partial Basement
- Smart Thermostat
Kitchen
- Oven or Range
- Gas Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Private Driveway
Outdoor Features
- Walking Distance to Water
- Porch
Utilities
- Central Air
- Heating System Uses Oil Above Ground
- Heating System Uses Propane
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1153816
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2024
Closed on
Sep 17, 2024
Sold by
Zurlo Robert J
Bought by
Perkins Jennie C
Seller's Agent
Margaret Muir
William Pitt Sotheby's Int'l
Buyer's Agent
Terry Morgan
CT Realty Exchange, LLC
List Price
$775,000
Sold Price
$806,000
Premium/Discount to List
$31,000
4%
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,644
Avg. Annual Appreciation
1.50%
Original Mortgage
$671,000
Outstanding Balance
$663,821
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,823
Purchase Details
Closed on
Dec 5, 1997
Sold by
Dolan M Christopher
Bought by
Caune Dorothy S
Purchase Details
Closed on
Jul 31, 1995
Sold by
Spargo Olga
Bought by
Dolan M Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,750
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perkins Jennie C | $806,000 | None Available | |
| Caune Dorothy S | $125,000 | -- | |
| Dolan M Christopher | $89,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perkins Jennie C | $671,000 | |
| Previous Owner | Dolan M Christopher | $66,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2024 09/17/24 | Sold | $806,000 | +4.0% | $533 / Sq Ft |
| 08/15/2024 08/15/24 | Pending | -- | -- | -- |
| 07/13/2024 07/13/24 | For Sale | $775,000 | -- | $513 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $9,685 | $431,800 | $256,200 | $175,600 |
| 2024 | $9,500 | $431,800 | $256,200 | $175,600 |
| 2023 | $8,505 | $283,800 | $182,200 | $101,600 |
| 2022 | $8,347 | $283,800 | $182,200 | $101,600 |
| 2021 | $8,188 | $283,800 | $182,200 | $101,600 |
| 2020 | $8,046 | $283,800 | $182,200 | $101,600 |
| 2019 | $8,046 | $283,800 | $182,200 | $101,600 |
| 2018 | $6,915 | $246,600 | $178,600 | $68,000 |
| 2017 | $6,732 | $246,600 | $178,600 | $68,000 |
| 2016 | $6,532 | $246,600 | $178,600 | $68,000 |
| 2015 | $6,352 | $246,600 | $178,600 | $68,000 |
| 2014 | $6,184 | $245,700 | $205,300 | $40,400 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Muir
-
Terry Morgan
Buyer's Agent in 2024
Terry Morgan
CT Realty Exchange, LLC
(203) 376-5407
3 in this area
20 Total Sales
Map
Source: SmartMLS
MLS Number: 24029895
APN: MADI-000013-000000-000080
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