NOT LISTED FOR SALE

122 Grove St Meriden, CT 06451

Estimated Value: $220,000 - $279,000

4 Beds
2 Baths
1,966 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $145,000 $74 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,591/month

41 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Attic
  • Smart Appliances
  • Modified Wall Outlets

About This Home

As of April 2023

Great opportunity for an investor or owner occupant! Duplex with 9%+ CAP potential. With a little bit of TLC, you can own a cash flowing property for under $160k. Roof is only 3 years old! Central location in Meriden in close proximity to everything. Property being sold "as is". Seller and listing agent make no warranties or representations about the property's condition. Buyer and buyer's agent to do their own due diligence.

Last Agent to Sell the Property

Justin Barall

LPT Realty License #RES.0823675 Listed on: 01/12/2023

LPT Realty

Last Buyer's Agent

Connie Cornell

Century 21 Scala Group License #RES.0819526

Century 21 Scala Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,170

Year Built

  • Built in 1901

Lot Details

  • 3,049 Sq Ft Lot
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,966 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Smart Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Modified Wall Outlets

Location

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

Schools

  • Benjamin Franklin Elementary School
  • Orville H. Platt High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,170

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Neighborhood: East Meriden
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1966
  • Public Record Living Room Sq Ft: 1966
  • Total Sq Ft: 1966
  • Year Built: 1901
  • Nearby Amenities: Basketball Court, Medical Facilities, Park, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Colony St to Washington to Grove
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Home Automation: Appliances, Electric Outlet(s)
  • Street Number Modifier: 122

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Benjamin Franklin
  • High School: Orville H. Platt

Lot Info

  • Acres: 0.0700
  • Lot Description: Sloping Lot
  • Zoning: R-2

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3170
  • Total Assessed Value: 90510
  • Mil Rate Base: 32.990
  • Mil Rate Tax District: 2.030
  • Mil Rate Total: 35.020
  • Assessor Parcel Number: 1170156

MLS Schools

  • Elementary School: Benjamin Franklin
  • High School: Orville H. Platt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Apr 14, 2023
Sold by
Doyle Edison
Bought by
Shannon John E
Seller's Agent
Justin Barall
LPT Realty
Buyer's Agent
Connie Cornell
Century 21 Scala Group
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%
Views
317
Current Estimated Value
$248,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,033
Avg. Annual Appreciation
23.74%
Original Mortgage
$144,780
Outstanding Balance
$140,793
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$107,240

Purchase Details

Listed on
Mar 2, 2019
Closed on
Apr 17, 2019
Sold by
Carlson Robert H
Bought by
Doyle Edison
Seller's Agent
Rita Mercier
Central Connecticut Realtors
Buyer's Agent
Rick Rocco
Coldwell Banker Realty
List Price
$89,900
Sold Price
$79,900
Premium/Discount to List
-$10,000
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%

Purchase Details

Closed on
Mar 25, 1987
Sold by
Field Anne M
Bought by
Carlson Robert H
Source: Public Records

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
Shannon John E $152,400 None Available
Doyle Edison $79,900 --
Carlson Robert H $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon John E $144,780
Previous Owner Carlson Robert H $55,000
Previous Owner Carlson Robert H $22,801
Previous Owner Carlson Robert H $35,350
Previous Owner Carlson Robert H $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $145,000 -6.5% $74 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $155,000 +94.0% $79 / Sq Ft
04/18/2019 04/18/19 Sold $79,900 0.0% $53 / Sq Ft View Prior Sale
03/16/2019 03/16/19 Pending -- -- --
03/13/2019 03/13/19 Price Changed $79,900 -11.1% $53 / Sq Ft
03/02/2019 03/02/19 For Sale $89,900 -- $60 / 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 $3,364 $87,360 $17,430 $69,930
2023 $3,360 $90,510 $17,430 $73,080
2022 $3,170 $90,510 $17,430 $73,080
2021 $2,404 $55,230 $14,700 $40,530
2020 $2,398 $55,230 $14,700 $40,530
2019 $2,377 $55,230 $14,700 $40,530
2018 $2,386 $55,230 $14,700 $40,530
2017 $2,323 $55,230 $14,700 $40,530
2016 $2,424 $62,650 $16,450 $46,200
2015 $2,424 $62,510 $16,310 $46,200
2014 $2,365 $62,510 $16,310 $46,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170544346

SmartMLS

APN: MERI-000102-000009-000011