NOT LISTED FOR SALE

89 Stone Rd Madison, CT 06443

Estimated Value: $1,488,000 - $5,159,000

4 Beds
1 Bath
1,496 Sq Ft
$2,406/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $1,000,000 $668 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $23,237/month

62 Days on Market

Highlights

  • Beach Front
  • 1 Fireplace
  • Cottage
  • Walter C. Polson Upper Middle School Rated A
  • No HOA
  • Porch

About This Home

As of August 2016

As totally original and true to 1923 as you will find. Nostalgic 4 bedroom summer cottage on magnificent large waterfront lot (.67 acres) with deep sandy beach. Unspoiled (dead end) Stone Road with wild beach roses on one of Madison's pristine long sandy beach stretches. Leave your worries behind and enjoy summers with an easy lifestyle. Sweep out the sand, listen to the waves at night. Large lawn for play. Potential for renovation or start over new. Site warrants further investment.

Last Agent to Sell the Property

Margaret Muir

William Pitt Sotheby's Int'l License #RES.0485255 Listed on: 05/24/2016

William Pitt Sotheby's Int'l

Co-Listed By

Clint Rodenberg

William Pitt Sotheby's Int'l License #RES.0784088

Last Buyer's Agent

Allison Gentile

William Pitt Sotheby's Int'l License #RES.0784913

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,954

Year Built

  • Built in 1923

Lot Details

  • 0.67 Acre Lot
  • Beach Front
  • Home fronts a sound
  • Open Lot

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,496 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Crawl Space
  • Partially Finished Attic
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Pboe Elementary And Middle School
  • Daniel Hand High School

Utilities

  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,954

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cottage
  • Total Sq Ft: 1496
  • Year Built: 1923
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Boston Post Road (Route 1) to Neck Road to 89 Stone on left (water side)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Partially Finished
  • Basement Description: Crawl Space
  • Appliances: Oven/Range, Refrigerator
  • Attic: No

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Shingle, Wood
  • Waterfront Description: Beach, Beach Rights, Frontage, L. I. Sound Frontage, View, Direct Waterfront
  • Swimming Pool: No

Utilities

  • Heat Type: No Heat
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Cesspool

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: PBOE

Lot Info

  • Acres: 0.6700
  • Lot Description: Open Lot, Water View

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 31954
  • Assessor Parcel Number: 1153684

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 24, 2016
Closed on
Aug 11, 2016
Sold by
Mcgaughey James David
Bought by
Sea Clearly Llc
Seller's Agent
Margaret Muir
William Pitt Sotheby's Int'l
Buyer's Agent
Allison Gentile
William Pitt Sotheby's Int'l
List Price
$1,295,000
Sold Price
$1,000,000
Premium/Discount to List
-$295,000
-22.78%
Current Estimated Value
$3,599,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,599,044
Avg. Annual Appreciation
14.71%
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
Sea Clearly Llc $500,000 --
Sea Clearly Llc $500,000 --
Sea Clearly Llc $500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $1,000,000 -22.8% $668 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $1,295,000 -- $866 / 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 $52,560 $2,343,300 $1,359,800 $983,500
2024 $51,553 $2,343,300 $1,359,800 $983,500
2023 $58,337 $1,946,500 $1,254,200 $692,300
2022 $57,247 $1,946,500 $1,254,200 $692,300
2021 $56,157 $1,946,500 $1,254,200 $692,300
2020 $55,183 $1,946,500 $1,254,200 $692,300
2019 $53,686 $1,893,700 $1,254,200 $639,500
2018 $37,046 $1,321,200 $1,127,000 $194,200
2017 $32,932 $1,206,300 $1,127,000 $79,300
2016 $31,955 $1,206,300 $1,127,000 $79,300
2015 $31,074 $1,206,300 $1,127,000 $79,300
2014 $34,969 $1,389,300 $1,322,400 $66,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10137137

SmartMLS

APN: MADI-000012-000000-000095