Last Sold Price
3,207,758 Lot Size73.64 Acres
418 R Madison Rd, Durham, CT 06422

Description

418R Madison Road is a highly desirable development site available in Durham on Madison Road (Route 79). The property is a 73.64+/- acre site just south of the center of Durham and an easy drive to Madison's Town Center. The site has previous approvals for 46 detached condominium units of age restricted housing. New approvals would be necessary for completion of the development. Extensive architectural and engineering design work has been drafted. The site has some of the nicest vistas in the area...418R Madison Road is a highly desirable development site available in Durham on Madison Road (Route 79). The property is a 73.64+/- acre site just south of the center of Durham and an easy drive to Madison's Town Center. The site has previous approvals for 46 detached condominium units of age restricted housing. New approvals would be necessary for completion of the development. Extensive architectural and engineering design work has been drafted. The site has some of the nicest vistas in the area and would be suitable for residential development. The entire site is available for $1,100,000. The property is located within the south-central portion of Durham and fronts along the easterly side of Madison Road (Route 79). The land area is comprised of two parcels that combine to offer 73.64 acres. The land offers an irregular configuration. The topography is varied throughout and, contains scattered, designated inland-wetlands. A pond is located on the larger of the two parcels along with a conservation easement that forms the northerly border. This area accounts for 6 acres. The parcel falls within the FEMA Zone X - areas outside the 500 year flood plain. There is a dilapidated 2800 square foot structure located on the property.
LISTING CLOSED: 09/14/2022 12:00 AM

Listing Agent

  1. John Campbell

    John Campbell

    Listing Agent

    Page Taft - Compass

    P: (203)-415-5439

Property Details for 418 R Madison Road

Status
MLS #
170436209
Days on Market
340
Taxes
$11,632 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Residential Land
Year Built
-
Lot Size
73.64 AC
Buyer's Agent Compensation
2.5%
Direct Waterfront
No
Location
Highway Access, Rural, Other
Neighborhood
N/A

Location

Sold By KW Legacy Partners, Terra Mennone

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Building Information for 418 R Madison Road

Lot Size73.64 AC

Payment Calculator

$5,163 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,193

Property Taxes

$969

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 418 R Madison Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Route 79 North to Durham. Approximately 12 miles from Madison Town Center
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed
  • Latitude: 41.44911
  • Longitude: -72.6605
  • Middle Jr High School: Per Board of Ed
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Special Association Assessment: No
  • Property Tax: $11,632
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Property
Property and Assessments
  • Road Frontage Approximate: 685
  • Road Frontage Description: State Road
  • SubdividableU: Yes
  • Bank Owned Property: No
Lot Information
  • Documents Available: Appraisal, Building Plan, Demographic Data, Environmental Site Assess., Feasibility Study, Percolation Test, Plot Plan/Survey, Soil Survey, Topographical Survey
  • Lot Description: Open Lot, May be Subdividable, Some Wetlands, Treed
  • Lot Improvements: Approved Building Lot, House(S)
  • Parcel Number: 964997
  • Zoning: FR
Utilities
  • Septic Approval YN: Yes
  • Septic Plan Available YN: Yes
  • Sewage System: Septic Required
  • Utilities Available: Electric Available
  • Water Source: Public Water In Street, Private Well
Multi Family
Income and Expenses
  • Occupied By: Vacant
Building Details
  • Lots Number Of: 2

Property History for 418 R Madison Road

DateEvent & SourcePriceAppreciation
Sep 12, 2022

Closed (Public Record)

Public Record #1497726310

$412,500

-0.4% / yr

Nov 20, 2003

Closed (Public Record)

Public Record #128240702

$443,000

+275.3% / yr

Feb 3, 2003

Closed (Public Record)

Public Record #119721239

$155,000
DateEvent & SourcePrice
09/12/2022

Closed (Public Record)

Public Record #1497726310

$412,500

-0.4% / yr

11/20/2003

Closed (Public Record)

Public Record #128240702

$443,000

+275.3% / yr

02/03/2003

Closed (Public Record)

Public Record #119721239

$155,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 418 R Madison Road

Taxable ValueLand$207,580Additions$137,800Total$345,380
Tax Record2024$12,914 ($1,076 / month)
Home Facts
Total Finished SqFt2,800 SqFtAbove Grade Finished SqFt2,800 SqFtStories1Lot Size1,856,963 SqFtStyleClubsYear Built1990Year Renovated1990ZoningFARM -CountyLOWER CONNECTICUT RIVERAPNDURH D0080300

Schools near 418 R Madison Road

This home is within Regional School District 13.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Frederick Brewster School
PublicPK to 1

Frank Ward Strong School
Public6 to 8

Coginchaug Regional High School
Public9 to 12

Middlefield Memorial School
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 418 R Madison Road, Durham, CT 06422
$825,000
3,207,758
2
2
1,674
88,862
$92,000
480
3
3
2,349
88,427
$321,000
3
1,400
57,499
$56,000
1
792
18,730

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.