40 FOUNDERS WAY
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Location
40 FOUNDERS WAY
Mblu
65/ 314/ 24/K /
Acct#
018809
Owner
MATTHEWS FRANK R &
Assessment
$780,630
Appraisal
$1,115,180
PID
15531
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$881,290$233,890$1,115,180
Assessment
Valuation YearImprovementsLandTotal
2025$616,910$163,720$780,630

Owner of Record
OwnerMATTHEWS FRANK R &
Co-OwnerMATTHEWS CLAUDIA F & SURV
Address40 FOUNDERS WAY
MILFORD, CT 06460
Sale Price$0
Certificate
Book & Page 02725/0605
Sale Date05/13/2003
Instrument

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MATTHEWS FRANK R &$0 02725/0605 05/13/2003
MATTHEWS CLAUDIA F$0 02253/0105 12/15/1997
MATTHEWS FRANK R & CLAUDIA F &$355,000 02203/02000001/10/1997
CONNECTICUT BANK OF COMMERCE$354,000 02195/01040011/01/1996
MARIO CYNTHIA E & CARTER E$0 02163/0410 03/26/1996

Building Information
Building 1 : Section 1
Year Built: 1987
Living Area: 3,899
Building Attributes
FieldDescription
Style:Conventional
ModelResidential
Grade:Very Good
Stories:2
Occupancy1
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Flr 1Hardwood
Interior Flr 2Carpet
Heat FuelGas
Heat Type:Forced Air-Duc
AC Type:Central
Total Bedrooms:4 Bedrooms
Total Bthrms:2
Total Half Baths:2
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,724 1,724
FUSUpper Story, Finished 1,434 1,434
CATCath/vltd/2sty vol ceil. 396 396
FHSHalf Story, Finished 460 345
FBMBasement, Finished 510 0
FGRGarage, Framed 460 0
FOPPorch, Open, Finished 40 0
PTOPatio 752 0
UBMBasement, Unfinished 1,531 0
   7,307 3,899

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed Value
FPL1FIREPLACE 1 ST1.00 UNITS$4,990$3,490
FPL32 STORY CHIM1.00 UNITS$6,280$4,400

Land
Land Use
Use Code1010
DescriptionSINGLE FAM MDL-01  
ZoneR12.
Land Line Valuation
Size (Acres)0.29
Total Market Land$163,720
Appraised Value$233,890

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed Value
SPL2VINYL/PLASTIC160.00 S.F.$11,880$8,320
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$608,480$179,540$788,020
2023$603,080$179,540$782,620
2022$603,080$179,540$782,620

Assessment
Valuation YearImprovementsLandTotal
2024$425,940$125,680$551,620
2023$422,160$125,680$547,840
2022$422,160$125,680$547,840

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