NOT LISTED FOR SALE

103 Bridge St Middletown, CT 06457

Estimated Value: $372,000 - $410,000

12 Beds
3 Baths
3,564 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $340,000 $95 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,862/month

25 Days on Market

Highlights

  • The property is located in a historic district
  • Attic
  • Porch
  • Waterfront
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2022

Investors take notice!! This three family home is FULLY LEASED*** Each unit has 4 bedrooms, living room and spacious kitchen.
Gas Stoves and refrigerators in second and third floor included, wood flooring throughout, All electrical was rewired tenants and owner are on separate meters. Basement and garage were rewired 2019 and extra outlets added to 3rd floor on separate breakers. Separate Natural gas meters for hot water heaters and gas stoves, fire doors to code. All units are in nice condition. Full basement - New coin washer and dryer 3rd floor 2019. New water heater 2nd floor in 2020. There is tons of parking only one other house on dead end street. Has a shed and 2 bay garage. The garages are rented for $200 per month, big back porches on every floor and a nice Big backyard. All 3 units are the same layout. Please give 48 hours notice for showings. 1st showing will be 1 or 2nd floor unit and basement.

Last Listed By

J Troy Morris

Coldwell Banker Calabro License #RES.0801324 Listed on: 04/14/2022

Coldwell Banker Calabro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,938

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,564 Sq Ft Home
  • Water Views
  • Walkup Attic

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a bus stop
  • Property is near a golf course
  • The property is located in a historic district

Schools

  • Middletown High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,938

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3564
  • Public Record Living Room Sq Ft: 3564
  • Total Sq Ft: 3564
  • Year Built: 1900
  • Nearby Amenities: Golf Course, Library, Private School(s), Public Pool, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5672
  • Tax Year Updated Dt: 04/11/2022
  • Directions: Rt 9 south to Bridge St
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out, Unfinished
  • Laundry Room Location: Coin op washer on 3rd floor.
  • Laundry Room Info: Hook-Up In Unit 3
  • Attic: Yes
  • Street Number Modifier: 103

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, On Street Parking
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Middletown
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.0700
  • Lot Description: Historic District, Water View
  • Flood Zone: Yes
  • Zoning: RF

Multi Family

  • Unit Count: 3
  • Total Multi Family: 18
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3938
  • Total Assessed Value: 89490
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 8.300
  • Mil Rate Total: 44.000
  • Assessor Parcel Number: 1009812

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 9, 2022
Sold by
Rubicon Realty Llc
Bought by
Igi Business Llc
Seller's Agent
J Troy Morris
Coldwell Banker Calabro
Buyer's Agent
J Troy Morris
Coldwell Banker Calabro
List Price
$425,000
Sold Price
$340,000
Premium/Discount to List
-$85,000
-20%
Total Days on Market
25
Current Estimated Value
$395,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,919
Avg. Annual Appreciation
7.69%
Original Mortgage
$272,000
Outstanding Balance
$261,758
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$161,574

Purchase Details

Listed on
Aug 19, 2019
Closed on
Dec 31, 2019
Sold by
Joseph Lucas
Bought by
Rubicon Realty Llc
Seller's Agent
Cathy Poehler
Century 21 AllPoints Realty
Buyer's Agent
J Troy Morris
Coldwell Banker Calabro
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.15%
Original Mortgage
$146,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2019
Closed on
Nov 15, 2019
Sold by
Liljedahl Joanne T
Bought by
Joseph Lucas
Seller's Agent
Cathy Poehler
Century 21 AllPoints Realty
Buyer's Agent
J Troy Morris
Coldwell Banker Calabro
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Igi Business Llc $340,000 None Available
Rubicon Realty Llc -- None Available
Joseph Lucas $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Igi Business Llc $272,000
Previous Owner Joseph Lucas $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $340,000 -14.8% $95 / Sq Ft
04/26/2022 04/26/22 Price Changed $399,000 -6.1% $112 / Sq Ft
04/14/2022 04/14/22 For Sale $425,000 +117.9% $119 / Sq Ft
11/15/2019 11/15/19 Sold $195,000 0.0% $55 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $195,000 -- $55 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,739 $210,310 $39,490 $170,820
2023 $7,382 $210,310 $39,490 $170,820
2022 $3,938 $89,490 $5,760 $83,730
2021 $3,938 $89,490 $5,760 $83,730
2020 $3,955 $89,490 $5,760 $83,730
2019 $3,973 $89,490 $5,760 $83,730
2018 $3,911 $89,490 $5,760 $83,730
2017 $4,747 $111,960 $19,500 $92,460
2016 $4,613 $111,960 $19,500 $92,460
2015 $4,434 $111,960 $19,500 $92,460
2014 $4,478 $111,960 $19,500 $92,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170481369

SmartMLS

APN: MTWN-000020-000000-000207