NOT LISTED FOR SALE

Estimated Value: $1,810,000 - $2,634,000

4 Beds
3.5 Baths
2,444 Sq Ft
$876/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $2,310,000 $945 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $13,993/month

73 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Deck
  • Walter C. Polson Upper Middle School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of December 2023

This direct year-round waterfront home is sure to impress you! This double lot has a mooring with trampoline, and lots of room for entertaining outside with patios, decks, and a lush lawn with an irrigation system. The owners have made countless improvements including a new sea wall, new roof and gutters, all new windows, new hardwood flooring, central air, fencing, a large awning with remote, ceiling fans, outdoor hot/cold shower, exterior and interior paint, central air, and gorgeous landscaping including a new driveway with a cobblestone border and salt resistant plantings. Deeded beach rights to the sandy Lee Manor Beach is only 2 doors away. The open floor plan has multiple seating areas and a huge kitchen with all new stainless steel appliances including an Advantium induction cooktop /convection oven, wine cooler plus beverage cooler, range hood, and a stunning tiled backsplash. A new front walkway and door were added that lead to a foyer/mudroom area. Directly off of the first floor screen porch is a small den/TV area and a new half bath. There's a first floor bedroom and full bath, plus 3 additional bedrooms on the second floor. The primary bedroom suite is a showstopper with vaulted ceilings and panoramic views. A new laundry room was also added to this room. The two remaining bedrooms enjoy water views and access to a sleeping porch. The basement area has storage and was waterproofed by CT basement. Enjoy the beautiful town of Madison and life by the sea!

Last Listed By

Sheila Tinn-Murphy

Berkshire Hathaway NE Prop. License #RES.0761570 Listed on: 10/12/2023

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,924

Year Built

  • Built in 1934

Lot Details

  • 10,019 Sq Ft Lot
  • Waterfront
  • Sprinkler System
  • Property is zoned R-5

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Wood Siding
  • Clap Board Siding
  • Piling Construction

Interior Spaces

  • 2,444 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Awning
  • Screened Porch
  • Concrete Flooring
  • Home Security System

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump

Parking

  • 5 Parking Spaces
  • Parking Deck
  • Private Driveway

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

  • Polson Middle School
  • Daniel Hand High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Mini Split Air Conditioners
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include lake/beach access, road maintenance

Listing and Financial Details

  • Assessor Parcel Number 1153854

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,924

Year Built

Built in 1934

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2444
  • Total Sq Ft: 2444
  • Year Built: 1934
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Private School(s), Public Rec Facilities, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5823
  • Directions: Boston Post Rd to Taylor Avenue to end, left, then right onto Toffee Lane
  • Financing Used: Cash
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 2444
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Unfinished
  • Basement Description: Partial With Walk-Out, Unfinished, Concrete Floor, Sump Pump
  • Interior Amenities: Cable - Available, Open Floor Plan, Security System
  • Appliances: Electric Cooktop, Convection Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Laundry Room, Mud Room
  • Laundry Room Location: dedicated room in the primary bedroom
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Home Automation: Security System
  • Street Number Modifier: 28

Exterior Features

  • Exterior Features: Awnings, Deck, Gutters, Patio, Porch-Enclosed, Porch-Screened, Underground Sprinkler
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete, Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront L. I. Sound Frontage Dock or Mooring Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Crushed Stone, Other
  • Total Parking Spaces: 5
  • Garage And Parking: Driveway

Utilities

  • Cooling System: Ceiling Fans, Central Air, Split System, Zoned
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Electric
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Road Maintenance
  • HOA Fees: 500
  • HOA Fee Frequency: Annually

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Polson
  • High School: Daniel Hand
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Extra Insulation, Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 0.23
  • Lot Description: In Flood Zone Water View Level Lot Fence - Partial Professionally Landscaped
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: R-5
  • Parcel #: 1153854

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 22924
  • Total Assessed Value: 764900
  • Mil Rate Total: 29.97

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Polson
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 8, 2023
Sold by
Cosgrove Michael J and Cosgrove Patricia A
Bought by
Mellas Renee and Mellas Gregory
Seller's Agent
Sheila Tinn-Murphy
Berkshire Hathaway NE Prop.
Buyer's Agent
Melissa Rwambuya
William Raveis Real Estate
List Price
$2,300,000
Sold Price
$2,310,000
Premium/Discount to List
$10,000
0.43%
Total Days on Market
73
Views
45
Current Estimated Value
$2,139,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$170,161
Avg. Annual Appreciation
-5.59%

Purchase Details

Listed on
Oct 21, 2020
Closed on
Aug 3, 2021
Sold by
James A Salatto Ret and Salatto
Bought by
Cosgrove Michael J and Cosgrove Patricia A
Seller's Agent
John Campbell
Compass Connecticut, LLC
Buyer's Agent
Sheila Tinn-Murphy
Berkshire Hathaway NE Prop.
List Price
$1,775,000
Sold Price
$1,550,000
Premium/Discount to List
-$225,000
-12.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.09%
Original Mortgage
$548,250
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 28, 2013
Closed on
Sep 18, 2013
Sold by
Reynolds Robert N
Bought by
Corey Leslie N
Seller's Agent
Kirsten Adams
William Pitt Sotheby's Int'l
Buyer's Agent
Kirsten Adams
William Pitt Sotheby's Int'l
List Price
$1,395,000
Sold Price
$1,250,000
Premium/Discount to List
-$145,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%

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
Mellas Renee $2,310,000 None Available
Cosgrove Michael J $1,550,000 None Available
Corey Leslie N $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cosgrove Michael J $350,000
Previous Owner Cosgrove Michael J $548,250
Previous Owner James A Salatto Ret $750,000
Previous Owner Reynolds Robert N $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $2,310,000 +0.4% $945 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
10/14/2023 10/14/23 For Sale $2,300,000 +48.4% $941 / Sq Ft
08/03/2021 08/03/21 Sold $1,550,000 -12.7% $634 / Sq Ft
07/04/2021 07/04/21 For Sale $1,775,000 +14.5% $726 / Sq Ft
07/03/2021 07/03/21 Off Market $1,550,000 -- --
06/15/2021 06/15/21 For Sale $1,775,000 +14.5% $726 / Sq Ft
06/14/2021 06/14/21 Off Market $1,550,000 -- --
06/05/2021 06/05/21 For Sale $1,775,000 +14.5% $726 / Sq Ft
06/02/2021 06/02/21 Off Market $1,550,000 -- --
04/15/2021 04/15/21 Price Changed $1,775,000 -5.3% $726 / Sq Ft
03/28/2021 03/28/21 For Sale $1,875,000 +21.0% $767 / Sq Ft
03/27/2021 03/27/21 Off Market $1,550,000 -- --
01/24/2021 01/24/21 For Sale $1,875,000 +21.0% $767 / Sq Ft
01/23/2021 01/23/21 Off Market $1,550,000 -- --
10/21/2020 10/21/20 For Sale $1,875,000 +87.5% $767 / Sq Ft
08/01/2017 08/01/17 Sold $1,000,000 0.0% $414 / Sq Ft
06/29/2017 06/29/17 For Sale $1,000,000 0.0% $414 / Sq Ft
06/16/2017 06/16/17 Rented $10,000 0.0% --
06/08/2017 06/08/17 For Rent $10,000 0.0% --
09/17/2013 09/17/13 Sold $1,250,000 -10.4% $439 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $1,395,000 -- $490 / 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
2024 $24,361 $1,107,300 $821,500 $285,800
2023 $22,924 $764,900 $565,700 $199,200
2022 $22,496 $764,900 $565,700 $199,200
2021 $22,067 $764,900 $565,700 $199,200
2020 $21,685 $764,900 $565,700 $199,200
2019 $21,430 $755,900 $565,700 $190,200
2018 $16,482 $587,800 $412,200 $175,600
2017 $16,047 $587,800 $412,200 $175,600
2016 $15,571 $587,800 $412,200 $175,600
2015 $15,142 $587,800 $412,200 $175,600
2014 $28,105 $1,116,600 $917,100 $199,500
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170603525

SmartMLS

APN: MADI-000013-000000-000119