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40 Lee Way, Madison, CT, 06443

$599,000

Home List Price

$7,113*

Closing Credit

1 Bedroom
1 Full Bath
1,267 SqFt
$473/SqFt
House
Schools Nearby

Location

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40 Lee Way, Madison$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1953
HeatingHot Water
CoolingNone
ViewTrees/Woods
MLS #24003916
Lot Size0.09 Acres
StatusActive

About 40 Lee Way

This is a rare opportunity to own a remarkable property in a very well-established beach community, enjoy access and rights to the private Lee Manor association Which includes beach rights on the beautiful sandy long Island Sound. Come with your own idea and make this lovely house yours.

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Living Area: 1,267 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (203) 245-4700
  • Listing Agent: Bob Yostos

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Trees, Level
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $473/SqFt

HOA Fees:

  • Amount: $500
  • Frequency: Annually

Tax Information:

  • Annual Amount: $7,137
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Madison, CT.

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Madison, CT

City

Med. Sold Price

$635K

Med. Price/SqFt

$282

# of Sold Homes

28

40 Lee Way vs Madison

38 DAYS ON ROCKET

$599,000

-$36K Less

$473/SqFt

+$191 More

KEY TAKEAWAY

This property is $36K less than the Median Sold Price and $191/SqFt more than other homes in Madison, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24003916

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (203) 245-4700
  • Listing Agent: Bob Yostos

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 10:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 01, 1998Home Sold
$118,000
Nov 09, 1992Home Sold
$114,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,137$247,400
2020$7,014$247,400
2019$7,014$247,400
2018$6,699$238,900
2017$6,522$238,900

History based on county public records data.

Payment Calculator

$3,098

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1676248
7
/10

  • Island Avenue Elementary School

  • 20 Island Ave

  • 1.39 miles

  • Public District Grades KG-4

school-card-donut-1676249
8
/10

  • Calvin Leete School

  • 280 S Union St

  • 2.17 miles

  • Public District Grades KG-4

school-card-donut-1676250
5
/10

  • A. W. Cox School

  • 143 Three Mile Crse

  • 3.63 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,333. The most common annual income of people living in Madison, CT is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Lee Way

What is the listing price of this property?

The listing price of 40 Lee Way property is $599,000.

What type of property is this?

The property 40 Lee Way is a house located in Madison, Connecticut, 06443.

Is this property for sale now?

Active Listing: 40 Lee Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,137 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 1, 1998 for $118,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40 Lee Way has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 40 Lee Way is 1,267 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Lee Way is 1953.

Rocket Homes›Connecticut›New Haven County›Madison›06443›40 Lee Way

This home is located at 40 Lee Way in Madison, CT and zip code 06443. This 1,267 square foot home, which was built in 1953, sits on a 0.09 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $599,000.

While more than 12 listings in Madison, CT in March 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 12 were sold below. The number of listings in Madison, CT increased by 14% between February 2024 and March 2024.

From Rocket Homes Real Estate and based on county public records data.

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