NOT LISTED FOR SALE

103 Grove St Middletown, CT 06457

Estimated Value: $385,000 - $519,000

7 Beds
3 Baths
3,668 Sq Ft
$125/Sq Ft Est. Value

Last Sold January 14, 2020

Last sale price $285,000 $78 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,359/month

175 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • Enclosed patio or porch
  • Property is near public transit
  • 3 Car Detached Garage
  • Public Transportation

About This Home

As of January 2020

Multi family in very good condition. All units have separate utilities, newer kitchens and bathrooms. Lovingly maintained, with many updates, new furnace on 2nd floor, furnace on 3rd floor 2 yrs young, curtain drains have been installed, driveway is 4yrs old, with newer fence around property, full kitchen in basement, bathroom, living room, partially finished, central air on 1st floor, with walk in closet, window units for 2 other units. 3 bay garage, could be used for rental, with off street parking. Gorgeous, private backyard, with vegetable garden, lots of perennial planting, stunning roses, trained topiary and fruit trees. Rents are below market. MOTIVATED SELLER!

Last Listed By

Bruce Bayles

William Raveis Real Estate License #RES.0779650 Listed on: 07/22/2019

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,137

Year Built

  • Built in 1924

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Fruit Trees
  • Garden

Home Design

  • 3,668 Sq Ft Home
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Masonry Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Interior Basement Entry
  • Basement Hatchway

Parking

  • 3 Car Detached Garage
  • Driveway

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Middletown High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,137

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3668
  • Public Record Living Room Sq Ft: 3668
  • Total Sq Ft: 3668
  • Year Built: 1924
  • Nearby Amenities: Basketball Court, Health Club, Library, Medical Facilities, Playground/Tot Lot, Private School(s), Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 6136
  • Tax Year Updated Dt: 12/09/2019
  • Directions: Rt 66 to High St, Right on to Stack St, Left onto Grove St. House is on the left
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Partially Finished, Interior Access, Hatchway Access
  • Attic: No
  • Street Number Modifier: 103

Exterior Features

  • Exterior Features: Fruit Trees, Garden Area, Porch-Enclosed
  • Exterior Siding: Vinyl Siding, Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1900
  • Lot Description: Level Lot
  • Zoning: RPZ

Multi Family

  • Gross Annual Income: 19800
  • Net Operating Income: 8900
  • Unit Count: 3
  • Total Multi Family: 16
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 7137
  • Total Assessed Value: 160740
  • Mil Rate Base: 36.000
  • Mil Rate Tax District: 8.400
  • Mil Rate Total: 44.400
  • Assessor Parcel Number: 1013277

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Jan 7, 2020
Sold by
Salafia Nazzareno
Bought by
Velasquez Diego and Ceballos Olga M
Seller's Agent
Bruce Bayles
William Raveis Real Estate
Buyer's Agent
Lauren Freedman
Coldwell Banker Realty
List Price
$312,000
Sold Price
$285,000
Premium/Discount to List
-$27,000
-8.65%
Total Days on Market
175
Current Estimated Value
$458,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,000
Avg. Annual Appreciation
9.22%
Original Mortgage
$279,837
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 1977
Bought by
Salafia Nazzareno and Salafia Pinuccia

Range of Values:

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Average Value
Not Available
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
Velasquez Diego $285,000 None Available
Salafia Nazzareno -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Diego $276,000
Closed Velasquez Diego $279,837
Previous Owner Salafia Nazzareno $50,000
Previous Owner Salafia Nazzareno $50,000
Previous Owner Salafia Nazzareno $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2020 01/14/20 Sold $285,000 -2.4% $78 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
10/22/2019 10/22/19 Price Changed $292,000 -2.3% $80 / Sq Ft
10/10/2019 10/10/19 Price Changed $299,000 -4.2% $82 / Sq Ft
08/16/2019 08/16/19 For Sale $312,000 +9.5% $85 / Sq Ft
07/23/2019 07/23/19 Off Market $285,000 -- --
07/22/2019 07/22/19 For Sale $312,000 0.0% $85 / Sq Ft
07/28/2016 07/28/16 Rented $900 0.0% --
07/27/2016 07/27/16 Under Contract -- -- --
06/10/2016 06/10/16 For Rent $900 0.0% --
07/25/2014 07/25/14 Rented $900 0.0% --
07/21/2014 07/21/14 Under Contract -- -- --
07/15/2014 07/15/14 For Rent $900 +2.9% --
02/19/2013 02/19/13 Rented $875 -2.8% --
02/15/2013 02/15/13 Under Contract -- -- --
01/15/2013 01/15/13 For Rent $900 -- --
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 $9,546 $259,410 $49,060 $210,350
2023 $9,105 $259,410 $49,060 $210,350
2022 $7,073 $160,740 $17,940 $142,800
2021 $7,073 $160,740 $17,940 $142,800
2020 $7,105 $160,740 $17,940 $142,800
2019 $7,137 $160,740 $17,940 $142,800
2018 $7,024 $160,740 $17,940 $142,800
2017 $7,117 $167,850 $38,370 $129,480
2016 $6,915 $167,850 $38,370 $129,480
2015 $6,647 $167,850 $38,370 $129,480
2014 $6,714 $167,850 $38,370 $129,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170216512

SmartMLS

APN: MTWN-000020-000000-000030