NOT LISTED FOR SALE

98 E Wharf Rd Madison, CT 06443

Estimated Value: $1,065,000 - $1,132,000

3 Beds
1.5 Baths
1,652 Sq Ft
$663/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $525,000 $318 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $7,103/month

200 Days on Market

Highlights

  • Beach Front
  • Colonial Architecture
  • Bonus Room
  • Walter C. Polson Upper Middle School Rated A
  • Attic
  • No HOA

About This Home

As of December 2015

STEPS TO THE BEACH. Come sit on our porches. Charming home on pretty lot for summer or year round living , steps to East Wharf Beach. Early home with turn of the century Victorian additions. Wonderful wrap around porches for summer entertaining. Very flexible open design. Spacious living room with French doors leading to year round sun room. Hardwood floors. Bead board panelling. Nice lot with private back yard plus garage and good parking.

Last Agent to Sell the Property

Shirley Birkmeyer

William Pitt Sotheby's Int'l License #RES.0055530 Listed on: 04/13/2015

William Pitt Sotheby's Int'l

Last Buyer's Agent

Pat Durante

William Pitt Sotheby's Int'l License #RES.0752187

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,189

Year Built

  • Built in 1810

Lot Details

  • 7,928 Sq Ft Lot
  • Beach Front
  • Home fronts a sound
  • Level Lot
  • Open Lot
  • Garden

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,652 Sq Ft Home
  • Bonus Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Wrap Around Balcony
  • Wrap Around Porch

Location

  • Flood Zone Lot

Schools

  • Island Avenue Elementary School
  • Pboe Middle School
  • Dr. Robert H. Brown Middle School
  • Daniel Hand High School

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,189

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 1652
  • Year Built: 1810
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Madison Center ,east to To East Wharf Rd turn right. House is located near end of road on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Floored, Pull-Down Stairs
  • Basement Description: Crawl Space, Dirt Floor
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Additional Rooms: Bonus Room
  • Laundry Room Location: Upper Level
  • Attic: Yes
  • Street Number Modifier: 98

Exterior Features

  • Exterior Features: Garden Area, Porch, Porch-Wrap Around, Wrap Around Deck
  • Exterior Siding: Shingle, Wood
  • Waterfront Description: Beach, L. I. Sound Frontage, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Island Avenue
  • Middle School: PBOE
  • High School: Daniel Hand
  • Intermediate School: Dr. Robert H. Brown

Lot Info

  • Acres: 0.1820
  • Lot Description: Level Lot, Open Lot
  • Flood Zone: Yes

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 13189
  • Total Assessed Value: 512000
  • Mil Rate Total: 25.760
  • Assessor Parcel Number: 29

MLS Schools

  • Elementary School: Island Avenue
  • Middle Jr High School: PBOE
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
Dec 4, 2015
Sold by
Macdonald Thomas J and Macdonald Maccartney-Macdonald L
Bought by
Milen Linh and Millen Jean M
Seller's Agent
Shirley Birkmeyer
William Pitt Sotheby's Int'l
Buyer's Agent
Pat Durante
William Pitt Sotheby's Int'l
List Price
$650,000
Sold Price
$525,000
Premium/Discount to List
-$125,000
-19.23%
Current Estimated Value
$1,095,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,786
Avg. Annual Appreciation
7.74%
Original Mortgage
$472,500
Outstanding Balance
$378,101
Interest Rate
3.83%
Estimated Equity
$717,685

Purchase Details

Closed on
Oct 22, 1991
Sold by
Pepitone Jean M
Bought by
Macdonald Thomas J and Macdonald Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.13%
Mortgage Type
Unknown
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
Milen Linh $525,000 --
Macdonald Thomas J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald Thomas J $472,500
Previous Owner Macdonald Thomas J $92,957
Previous Owner Macdonald Thomas J $144,000
Previous Owner Macdonald Thomas J $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2015 12/04/15 Sold $525,000 -19.2% $318 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $650,000 -- $393 / 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 $15,519 $691,900 $504,400 $187,500
2024 $15,222 $691,900 $504,400 $187,500
2023 $14,353 $478,900 $372,500 $106,400
2022 $14,084 $478,900 $372,500 $106,400
2021 $13,816 $478,900 $372,500 $106,400
2020 $13,577 $478,900 $372,500 $106,400
2019 $13,577 $478,900 $372,500 $106,400
2018 $14,558 $519,200 $403,500 $115,700
2017 $13,978 $512,000 $403,500 $108,500
2016 $13,563 $512,000 $403,500 $108,500
2015 $13,189 $512,000 $403,500 $108,500
2014 $11,591 $460,500 $327,500 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10035765

SmartMLS

APN: MADI-000017-000000-000029