NOT LISTED FOR SALE

109 Chestnut St Middletown, CT 06457

Estimated Value: $187,000 - $247,811

4 Beds
2 Baths
1,672 Sq Ft
$127/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $65,000 $39 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $1,489/month

10 Days on Market

Highlights

  • Attic
  • Level Lot
  • Wood Siding
  • No HOA

About This Home

As of September 2021

Although this property is improved with a two family residence, circa 1923, based on professional opinions, it is deemed to be a complete tear down. No access to structure is permitted due to condition. Information on interior rooms and utilities based on public record and limited information from current owner. Located on a quiet street within a mere minutes' drive of downtown, raze this house and put another in its place! The lot is level and set fairly high, and it offers excellent access to Route 9, downtown Middletown, Middlesex Hospital, Wesleyan University and all of downtown's great restaurants. Property being sold as is and Buyer will assume all responsibility to remove structure, or, if possible, completely renovate it. Adjacent property at 97 Chestnut Street also for sale: purchase both and add to or build your real estate empire! See MLS # 170428135.

Last Agent to Sell the Property

Juliet Cavanaugh

Cavanaugh & Company LLC License #REB.0789635 Listed on: 08/10/2021

Last Buyer's Agent

Terence Dominick

Complete Real Estate License #RES.0817589

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,324

Year Built

  • Built in 1923

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Parking

  • Unpaved Parking

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding
  • Masonry

Interior Spaces

  • 1,672 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Woodrow Wilson Middle School
  • Middletown High School

Utilities

  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,324

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1672
  • Public Record Living Room Sq Ft: 1672
  • Total Sq Ft: 1672
  • Year Built: 1923
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3569
  • Directions: East Main Street to Chestnut Street. House is at top of hill on right.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 109

Exterior Features

  • Exterior Siding: Shingle, Wood
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • 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: Woodrow Wilson
  • High School: Middletown

Lot Info

  • Acres: 0.2600
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RPZ

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3324
  • Total Assessed Value: 80930
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 5.373
  • Mil Rate Total: 41.073
  • Assessor Parcel Number: 1013728

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2022
Sold by
Napolitano Invs Llc
Bought by
Express Ct Hm Buyers Llc
Total Days on Market
10
Current Estimated Value
$212,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
4.67%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 2, 2021
Sold by
Seagrave Robert
Bought by
Pallas Timothy L
Seller's Agent
Juliet Cavanaugh
Cavanaugh & Company LLC
Buyer's Agent
Terence Dominick
Complete Real Estate
List Price
$25,000
Sold Price
$65,000
Premium/Discount to List
$40,000
160%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.91%
Original Mortgage
$152,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 10, 2021
Closed on
Jul 19, 2021
Sold by
Seagrave John C Sr Est and Kawka-Seagrave
Bought by
Seagrave Robert
Seller's Agent
Juliet Cavanaugh
Cavanaugh & Company LLC
Buyer's Agent
Terence Dominick
Complete Real Estate
List Price
$25,000
Sold Price
$65,000
Premium/Discount to List
$40,000
160%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 28, 2005
Sold by
Seagrave William H Est and Czapla
Bought by
Seagrave John C and Seagrave Ruth E
Source: Public Records

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Range of Values:

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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
Express Ct Hm Buyers Llc $155,000 None Available
Pallas Timothy L $65,000 None Available
Seagrave Robert -- None Available
Seagrave John C $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Express Ct Hm Buyers Llc $217,500
Closed Express Ct Hm Buyers Llc $194,500
Closed Napolitano Invs Llc $73,200
Previous Owner Pallas Timothy L $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $65,000 +160.0% $39 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $25,000 -- $15 / 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 $4,348 $122,790 $54,960 $67,830
2023 $4,127 $122,790 $54,960 $67,830
2022 $3,339 $80,930 $31,240 $49,690
2021 $3,324 $80,930 $31,240 $49,690
2020 $3,318 $80,930 $31,240 $49,690
2019 $3,335 $80,930 $31,240 $49,690
2018 $3,220 $80,930 $31,240 $49,690
2017 $3,526 $91,150 $38,050 $53,100
2016 $3,455 $91,150 $38,050 $53,100
2015 $3,379 $91,150 $38,050 $53,100
2014 $3,375 $91,150 $38,050 $53,100
Source: Public Records

Agents Affiliated with this Home

  • Juliet Cavanaugh

    Seller's Agent in 2021

    Juliet Cavanaugh

    Cavanaugh & Company LLC

    (860) 398-0058

    80 Total Sales

    Juliet Cavanaugh
    Section Image
  • Terence Dominick

    Buyer's Agent in 2021

    Terence Dominick

    Complete Real Estate

    (860) 303-2918

    216 Total Sales

    Terence Dominick
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170428466

SmartMLS

APN: MTWN-000034-000000-000178

Connecticut Middlesex County Middletown 06457

109 Chestnut St, Middletown, CT

This home is located at 109 Chestnut St, Middletown, CT 06457 since 10 August 2021 and is currently estimated at $212,453, approximately $127 per square foot. This property was built in 1923. 109 Chestnut St is a home located in Middlesex County with nearby schools including Bielefield School, Middletown High School, and St John Paul II School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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