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$500,000   Price Analysis
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40 Lee Way
Madison, CT 06443
1 bed 1 bath 1,267 SqFt ($394/SqFt)
3,920SqFt lot. Built 1953
Listed 2024-06-19, HOA $42, Taxes $7,415
USDA Eligible
near Madison, CT
 

This is a rare opportunity to own a remarkable property in a well-established beach community

Enjoy access and rights to the private Lee Manor association Which includes beach rights on the attractive sandy long Island Sound.

Come wth your own idea and m ake this lovely house yours. Property is subject to probate. House is sold as is.


Presented by Ehab Yostos at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #24026640 from SMARTMLS

Bedrooms: 1
Bedroom 1 Level: Main
Bedroom 1 Features: Wall/Wall Carpet

Total Rooms: 5
Living Room Level: Main
Loft Level: Upper

Total Bathrooms: 1
Full Bathrooms: 1

Electric Range
Refrigerator
Laundry Features: Location: First floor

Heating Features: Heat Fuel Type: Oil, Heat Type: Hot Water
Heating Fuel: Oil
Water Heaters: Domestic

Dining Room Level: Main

Beach Rights

Lot Description: Treed, Level Lot
Lot Size Acres: 0.09
Lot Size Square Feet: 3920

Golf Course
Library
Medical Facilities

Association: Yes
Association Fee: 500
Association Fee Frequency: Annually
Association Fee Includes: Lake/Beach Access, Road Maintenance
Calculated Total Monthly Association Fees: 42

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

Daniel Hand High School is a public high school located approximately 1.3 miles away.
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Walter C. Polson Upper Middle School is a public middle school located approximately 1.5 miles away.
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Our Lady of Mercy School is a private elementary and middle school located approximately 0.4 miles away.
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Island Avenue Elementary School is a public elementary school located approximately 1.4 miles away.
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Annual Tax Amount: 7801
Source Listing Status: Active
County: New Haven
Directions: GPS Friendly
Source Property Type: Single Family For Sale
Postal Code Plus 4: 2823
Zoning: R-5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$62,200 + $185,200
$247,400
$7,415
2022$62,200 + $185,200
$247,400
$7,276
2021$62,200 + $185,200
$247,400
$7,137
2020$62,200 + $185,200
$247,400
$7,014
2019$62,200 + $185,200
$247,400
$7,014
2018$65,700 + $173,200
$238,900
$6,699
2017$65,700 + $173,200
$238,900
$6,522
2016$65,700 + $173,200
$238,900
$6,328
2015$65,700 + $173,200
$238,900
$6,154
2013$70,100 + $189,900
$260,000
$5,301
2006$65,400 + $160,400
$225,800
$5,031
2005$65,400 + $160,400
$225,800
$4,794
2003$65,400 + $160,400
$225,800
$4,315

Listed 2024-06-19
$500,000
SMARTMLS
Listing removed 2024-05-18
$0
SMARTMLS
Listed 2024-03-20
$599,000
SMARTMLS
Sold 1998-09-01
$118,000
Public Record
Sold 1992-11-09
$114,000
Public Record

Total Square Feet Living: 1267
Year Built: 1953
Above Grade Finished Area: 1267
Building Exterior Type: Vinyl Siding
Construction Materials: Frame, Masonry
Foundation Details: Concrete, Masonry
Property Age: 71
House Style: Cape Cod
Total Area Sqft: 1267

Sewer: Septic
Water Source: Public Water Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.