NOT LISTED FOR SALE

86 E Wharf Rd Madison, CT 06443

Estimated Value: $2,223,000 - $2,553,000

4 Beds
3.5 Baths
3,168 Sq Ft
$767/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $1,545,000 $488 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $15,116/month

40 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Mud Room
  • Walter C. Polson Upper Middle School Rated A
  • 1 Fireplace
  • No HOA

About This Home

As of October 2017

LOCATION LOCATION LOCATION. New construction south of route 1 within close proximity to East Wharf Beach and Madison center. Grace & elegance highlight the architectural details, exquisite custom mill work and incredible finishes. Out of a magazine. Perfection. Agent related.

Last Agent to Sell the Property

Diane Dupont

William Pitt Sotheby's Int'l License #REB.0757757 Listed on: 09/07/2017

William Pitt Sotheby's Int'l

Last Buyer's Agent

Diane Dupont

William Pitt Sotheby's Int'l License #REB.0757757 Listed on: 09/07/2017

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 0.32 Acre Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned R-3

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,168 Sq Ft Home
  • 1 Fireplace
  • Mud Room
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Home Security System
  • Laundry Room

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

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

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Schools

  • Island Avenue Elementary School
  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Underground Utilities
  • Private Company Owned Well
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 2017 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3168
  • Total Sq Ft: 3168
  • Year Built: 2017
  • New Construction: Under Construction
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Directions: ROUTE 1 TO EAST WHARF
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Security System
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Range Hood, Refrigerator, Dishwasher
  • Additional Rooms: Laundry Room, Mud Room
  • Laundry Room Location: upper
  • Attic: Yes

Exterior Features

  • Exterior Features: Patio, Porch, Underground Sprinkler, Underground Utilities
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: 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
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.3200
  • Lot Description: Rear Lot, Dry, Level Lot, Fence - Partial, Professionally Landscaped
  • Flood Zone: No
  • Zoning: R-3

Tax Info

  • Tax Year: July 2017-June 2018
  • Assessor Parcel Number: 999999999

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2025
Sold by
Benzie Pamela M
Bought by
Melinda Brown Ret and Brown
Current Estimated Value
$2,428,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$750,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,678,576

Purchase Details

Listed on
Sep 7, 2017
Closed on
Oct 27, 2017
Sold by
R & M Acquisitions Llc
Bought by
Benzie John P and Benzie Pamela M
Seller's Agent
Diane Dupont
William Pitt Sotheby's Int'l
Buyer's Agent
Diane Dupont
William Pitt Sotheby's Int'l
List Price
$1,595,000
Sold Price
$1,545,000
Premium/Discount to List
-$50,000
-3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$200,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2015
Closed on
Aug 15, 2016
Sold by
Adkins Steven M and Adkins Mary D
Bought by
R & M Acquisitions Llc
Seller's Agent
Steve Adkins
Berkshire Hathaway NE Prop.
Buyer's Agent
Diane Dupont
William Pitt Sotheby's Int'l
List Price
$450,000
Sold Price
$300,000
Premium/Discount to List
-$150,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
287.50%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Melinda Brown Ret $2,505,000 --
Benzie John P -- --
R & M Acquisitions Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melinda Brown Ret $750,000
Previous Owner R & M Acquisitions Llc $200,000
Previous Owner R & M Acquisitions Llc $750,000
Previous Owner R & M Acquisitions Llc $33,454
Previous Owner R & M Acquisitions Llc $103,819
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2017 10/27/17 Sold $1,545,000 -3.1% $488 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $1,595,000 +431.7% $503 / Sq Ft
08/12/2016 08/12/16 Sold $300,000 0.0% $22 / Sq Ft View Prior Sale
08/12/2016 08/12/16 Sold $300,000 -33.3% $140 / Sq Ft View Prior Sale
01/16/2016 01/16/16 Pending -- -- --
01/16/2016 01/16/16 Pending -- -- --
06/22/2015 06/22/15 For Sale $450,000 -8.0% $33 / Sq Ft
02/19/2015 02/19/15 For Sale $489,000 -- $229 / 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 $29,002 $1,293,000 $549,400 $743,600
2024 $28,446 $1,293,000 $549,400 $743,600
2023 $33,569 $1,120,100 $405,700 $714,400
2022 $32,942 $1,120,100 $405,700 $714,400
2021 $32,315 $1,120,100 $405,700 $714,400
2020 $31,755 $1,120,100 $405,700 $714,400
2019 $31,162 $1,099,200 $405,700 $693,500
2018 $27,168 $968,900 $212,100 $756,800
2017 $9,678 $354,500 $212,100 $142,400
2016 $9,391 $354,500 $212,100 $142,400
2015 $14,542 $564,500 $422,100 $142,400
2014 -- $420,000 $290,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170012506

SmartMLS

APN: MADI-000028-000000-000023