NOT LISTED FOR SALE

87 Mill Rd Madison, CT 06443

Estimated Value: $938,000 - $1,067,000

4 Beds
2.5 Baths
3,418 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $710,000 $208 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,230/month

23 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Attic
  • Walter C. Polson Upper Middle School Rated A
  • Finished Attic
  • 1 Fireplace

About This Home

As of July 2021

Welcome to 87 Mill Road, an exquisite, sun-filled custom Cape with superb flow and abounding character! Located just one mile to Hammonasset State Park and Madison Center, this home offers a tremendous at home experience as well as easy access to Madison's best hotspots. The main level features seven spacious rooms. The dramatic entry foyer staircase is open to the 2nd floor, hardwood floors throughout, formal dining to the right of entryway and living room to the left with a built in wet bar on the far end nearing the open kitchen/ eating space. The gourmet kitchen features granite counter tops, double Jenn-Air wall ovens, Sub-Zero refrigerator, and a new stainless steel dishwasher. Laundry room w/storage located between the kitchen and 2-car garage. The comfy family room at the back of the house has a beautiful stone fireplace, vaulted ceilings and sliding doors to the back deck and yard and 1st floor master bedroom suite is located at the far left side of the house with barreled ceiling, two walk in closets and fully renovated full bathroom with stall shower, soaking tub, double sinks, heated floors and gorgeous custom cabinetry offering great storage. The 2nd floor bedrooms are nicely situated around a large landing at top of stairs, each with its own walk in closet! One full bathroom on this level along with a bonus room, perfect for office, playroom, or den,with vaulted ceilings. Full basement great for storage and expansion potential, newer mechanicals & city water.

Last Agent to Sell the Property

Jennifer D'Amato

Real Broker CT, LLC License #REB.0788209 Listed on: 05/21/2021

Real Broker CT, LLC

Last Buyer's Agent

Sheila Tinn-Murphy

Berkshire Hathaway NE Prop. License #RES.0761570

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,342

Year Built

  • Built in 1994

Lot Details

  • 0.54 Acre Lot
  • Cleared Lot
  • Garden

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 3,418 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Bonus Room
  • Unfinished Basement
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Finished Attic
  • Attic or Crawl Hatchway Insulated

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck

Schools

  • Daniel Hand High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,342

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Neighborhood: Hammonasset
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 3418
  • Public Record Living Room Sq Ft: 3418
  • Total Sq Ft: 3418
  • Year Built: 1994
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 7389
  • Directions: Route 1 from center of Madison, take first left after Hammonasset State Park onto Mill Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Finished, Crawl Space
  • Basement Description: Unfinished
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Bonus Room
  • Laundry Room Location: First Floor Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Garden Area
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 0.5400
  • Lot Description: Dry, Cleared
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-1

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 10342
  • Mil Rate Base: 28.350
  • Assessor Parcel Number: 1156317

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 15, 2021
Sold by
Ellison Graham C and Ellison Barbara A
Bought by
Oconnell Mary E
Seller's Agent
Jennifer D'Amato
Real Broker CT, LLC
Buyer's Agent
Sheila Tinn-Murphy
Berkshire Hathaway NE Prop.
List Price
$649,900
Sold Price
$710,000
Premium/Discount to List
$60,100
9.25%
Current Estimated Value
$1,015,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,813
Avg. Annual Appreciation
8.25%
Original Mortgage
$150,000
Outstanding Balance
$136,102
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$879,711

Purchase Details

Listed on
Mar 31, 2017
Closed on
Nov 17, 2017
Sold by
Albright Charles F
Bought by
Ellison Graham and Ellison Barbara A
Seller's Agent
Sue Woods
William Pitt Sotheby's Int'l
Buyer's Agent
Jennifer D'Amato
Real Broker CT, LLC
List Price
$635,000
Sold Price
$523,000
Premium/Discount to List
-$112,000
-17.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$30,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2004
Sold by
Rice William G and Rice Catherine A S
Bought by
Albright Charles F and Albright Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.65%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Hughes Ronald L and Hughes Wendy W
Bought by
Rice William G and Rice Catherine A

Purchase Details

Closed on
Nov 23, 1994
Sold by
Structura Inc
Bought by
Hughes Ii Ronald L and Hughes Wendy W

Purchase Details

Closed on
Jul 29, 1994
Sold by
Strathmore Farms Dev
Bought by
Structura Inc
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
Oconnell Mary E $710,000 None Available
Ellison Graham $523,000 --
Albright Charles F $640,000 --
Rice William G $415,000 --
Hughes Ii Ronald L $392,196 --
Structura Inc $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnell Mary E $150,000
Previous Owner Structura Inc $30,000
Previous Owner Structura Inc $370,847
Previous Owner Structura Inc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2021 07/15/21 Sold $710,000 +9.2% $208 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $649,900 +24.3% $190 / Sq Ft
11/17/2017 11/17/17 Sold $523,000 -3.0% $153 / Sq Ft View Prior Sale
11/03/2017 11/03/17 Pending -- -- --
08/25/2017 08/25/17 Price Changed $539,000 -5.3% $158 / Sq Ft
07/06/2017 07/06/17 Price Changed $569,000 -5.0% $166 / Sq Ft
06/08/2017 06/08/17 Price Changed $599,000 -5.7% $175 / Sq Ft
03/31/2017 03/31/17 For Sale $635,000 -- $186 / 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 $11,639 $518,900 $114,500 $404,400
2024 $11,416 $518,900 $114,500 $404,400
2023 $10,933 $364,800 $88,100 $276,700
2022 $10,729 $364,800 $88,100 $276,700
2021 $10,524 $364,800 $88,100 $276,700
2020 $10,342 $364,800 $88,100 $276,700
2019 $10,342 $364,800 $88,100 $276,700
2018 $9,643 $343,900 $91,100 $252,800
2017 $9,388 $343,900 $91,100 $252,800
2016 $9,110 $343,900 $91,100 $252,800
2015 $8,859 $343,900 $91,100 $252,800
2014 $11,108 $441,300 $121,700 $319,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170401165

SmartMLS

APN: MADI-000041-000000-000047-000002