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25 Island Avenue

25 Island Avenue, Madison, CT 06443
Property in Madison
Sold May 13, 2020
$120,000
$700,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2050
Sold Apr 18, 2017
$1,175,000
$920,000 by Essex Savings Bank
Mortgage Due Apr 18, 2047
Local assessors in Madison, CT have categorized 25 Island Avenue as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 45,302 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 25 Island Avenue has a total of 4,287 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Jan 1, 1970 for $120,000. That's $27.99 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $1,175,000. 25 Island Avenue was last assessed in 2023. The total value of the property was assessed at $794,500. Specifically, the land the property is located on was valued at $342,700. While improvements on the property were assessed at a total of $451,800. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $23,811. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Excellent
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 4,287
  • Gross Building Area: 7,714
  • Building Area: 4,287
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,287
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.04
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE ALEXANDRA
  • Current Owner 2: LEE JAMES
  • Previous Owner : SAM ALBERT D
  • Previous Owner 2: SAM ROBERTA
  • Owner Before Previous Owner: HARDY LAURA D
  • Owner Before Previous Owner 2: HARDY JOHN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Madison School District
  • School Tax School District: MADISON SD
  • Census Tract: 194102

Zoning

  • Zoning: R-2

Geography

  • Account Number: 126300
  • Parcel: MADI M:27 B:38
  • Block: 38
  • Municipality: MADISON
  • Latitude: 41.2772
  • Longitude: -72.5994

    Address

  • Full Address: 25 Island Ave
  • Address - House Number: 25
  • Address - Street Name: Island
  • Address - Suffix Type: Ave
  • State: CT
  • City Name: Madison
  • Carrier Code: R035
  • 4-Digit Zip Code: 3012
  • Zip Code: 06443

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,811

    Appraisal Valuation

  • Standard Deviation: 0.2166
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 70
  • Final Value: 1,058,578
  • High Value: 1,287,912
  • Low Value: 829,245

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 13, 2020
  • First Open Lien Mortgage Loan Amount: $700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $794,500
  • Assessed Land Value: $342,700
  • Assessed Improvements Value: $451,800

    Sales

  • Current Sale Recording Date: May 13, 2020
  • Current Sale Transaction ID: 11761248037
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 994
  • Previous Sale Recording Date: Apr 18, 2017
  • Previous Sale Amount: $1,175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 13, 2020
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ESSEX SAVINGS BANK
  • Previous Mortgage Transaction Date: Apr 18, 2017
  • Previous Mortgage Loan Amount: $920,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 18, 2047

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Frequently Asked Questions

What neighborhood is 25 Island Avenue located in?
The 25 Island Avenue is a located in the neighborhood of Madison in Madison Center, Madison.
What is the average sales price for listings in 25 Island Avenue?
The average sales price for units in 25 Island Avenue is $0 currently.

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