NOT LISTED FOR SALE

86 Dream Lake Dr Madison, CT 06443

Estimated Value: $629,000 - $687,000

3 Beds
3.5 Baths
1,912 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $385,000 $201 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,198/month

174 Days on Market

Highlights

  • Lake Front
  • 2.23 Acre Lot
  • Deck
  • Walter C. Polson Upper Middle School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of May 2018

Lake access. Seasonal views of the lake. At the end of cul-de-sac sits this well-cared for contemporary home waiting for you. Open, spacious floor plan with lots of natural light. Great sun room. Main floor bedroom and full bath. Additional Master BR and bedroom both with bathrooms on 2nd floor. First floor laundry room. Don't miss an opportunity to sit on your expansive deck and watch incredible sunsets.

Last Agent to Sell the Property

Shoreline Homes Team

William Raveis Real Estate License #RES.0786926 Listed on: 09/22/2017

William Raveis Real Estate

Last Buyer's Agent

Rose Ciardiello

William Raveis Real Estate License #RES.0798086

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,595

Year Built

  • Built in 1985

Lot Details

  • 2.23 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Partially Wooded Lot
  • Property is zoned RU-1

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • Open Floorplan
  • Entrance Foyer
  • Concrete Flooring
  • Water Views

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

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

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Exterior Lighting

Schools

  • Kathleen H. Ryerson Elementary School
  • Polson Middle School
  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Tankless Water Heater
  • Propane Water Heater
  • Cable TV Available

Community Details

  • Association fees include lake/beach access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,595

Year Built

Built in 1985

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 1912
  • Public Record Living Room Sq Ft: 1912
  • Total Sq Ft: 1912
  • Year Built: 1985
  • Nearby Amenities: Lake
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4796
  • Directions: Route 80 to Dream Lake #86 at end on cul-de-sac on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Description: Full, Full With Walk-Out, Unfinished, Concrete Floor, Storage
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 86

Exterior Features

  • Exterior Features: Deck, Lighting
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Access, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 150
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • Elementary School: Kathleen H. Ryerson
  • Middle School: Polson
  • High School: Daniel Hand
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 2.2300
  • Lot Description: On Cul-De-Sac, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU-1

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 7595
  • Total Assessed Value: 278200
  • Mil Rate Base: 27.300
  • Mil Rate Total: 27.300
  • Assessor Parcel Number: 1160610

MLS Schools

  • Elementary School: Kathleen H. Ryerson
  • Middle Jr High School: Polson
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
May 8, 2018
Sold by
Barry William D
Bought by
Maletz Beth J and Bruss Scott D
Seller's Agent
Shoreline Homes Team
William Raveis Real Estate
Buyer's Agent
Rose Ciardiello
William Raveis Real Estate
List Price
$409,000
Sold Price
$385,000
Premium/Discount to List
-$24,000
-5.87%
Current Estimated Value
$665,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,213
Avg. Annual Appreciation
8.04%
Original Mortgage
$346,500
Interest Rate
4.45%
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
Maletz Beth J $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maletz Beth J $142,000
Open Bruss Scott D $339,000
Closed Barry William D $346,500
Previous Owner Barry William D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2018 05/07/18 Sold $385,000 -3.8% $201 / Sq Ft
10/18/2017 10/18/17 Price Changed $400,000 -2.2% $209 / Sq Ft
09/22/2017 09/22/17 For Sale $409,000 -- $214 / 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 $7,693 $343,000 $142,200 $200,800
2024 $7,280 $330,900 $142,200 $188,700
2023 $7,091 $236,600 $109,300 $127,300
2022 $6,958 $236,600 $109,300 $127,300
2021 $6,826 $236,600 $109,300 $127,300
2020 $6,708 $236,600 $109,300 $127,300
2019 $6,708 $236,600 $109,300 $127,300
2018 $7,801 $278,200 $110,600 $167,600
2017 $7,595 $278,200 $110,600 $167,600
2016 $7,370 $278,200 $110,600 $167,600
2015 $7,166 $278,200 $110,600 $167,600
2014 $9,562 $379,900 $168,400 $211,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170017558

SmartMLS

APN: MADI-000141-000000-000025