NOT LISTED FOR SALE

109 Chestnut St Middletown, CT 06457

Estimated Value: $216,000 - $254,480

4 Beds
2 Baths
1,672 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 02, 2021

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

Est. 262% increase in value since last sale

Current estimated payment $1,602/month

About This Home

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.

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
Current Estimated Value
$235,370

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
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2022
Sold by
Pallas Timothy L
Bought by
Napolitano Invs Llc

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
4.16%
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
Exceptional Real Estate LLC
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
33.71%
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
Exceptional Real Estate LLC
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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Express Ct Hm Buyers Llc $155,000 None Available
Napolitano Invs Llc $10,000 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
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 List to Sale Price per Sq Ft Prior Sale
09/02/2021 09/02/21 Sold $65,000 +160.0% $39 / Sq Ft View Prior Sale
08/20/2021 08/20/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $25,000 -- $15 / Sq Ft

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
2025 $4,545 $122,790 $54,960 $67,830
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

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