NOT LISTED FOR SALE

122 Prospect St Middletown, CT 06457

Estimated Value: $354,000 - $420,000

5 Beds
3 Baths
2,406 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $286,000 $119 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,752/month

4 Days on Market

Highlights

  • Attic
  • Enclosed patio or porch
  • Property is near a bus stop
  • No HOA
  • Shed
  • Baseboard Heating

About This Home

As of July 2021

Amazing opportunity for owner occupant, first floor offers totally updated unit with access to private, fully fenced in spacious yard! Great investment opportunity as well, rents are below market. Owner's unit has remodeled kitchen with white cabinetry, tile backsplash, quartz counters, stainless steel appliances and tile flooring. Bathroom provides new vanity and flooring, with washer & dryer. Hardwood floors have been recently redone and rooms painted. Other units are also in great condition, second floor unit has access to an unfisnhed walk up attic. Tons of off-street parking. Many updates through out the years. Close to Wesleyan.

Last Agent to Sell the Property

Betsy Purtell

Purtell Realty LLC License #RES.0762289 Listed on: 05/26/2021

Co-Listed By

Thomas Purtell

Purtell Realty LLC License #REB.0795588

Last Buyer's Agent

Kris Robinson

Eagle Eye Realty PLLC License #REB.0795168

Eagle Eye Realty PLLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,698

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,406 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch
  • Shed

Location

  • Property is near a bus stop

Schools

  • Moody Elementary School
  • Middletown High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,698

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2406
  • Public Record Living Room Sq Ft: 2406
  • Total Sq Ft: 2406
  • Year Built: 1900
  • Nearby Amenities: Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4986
  • Directions: Prospect Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 122

Exterior Features

  • Exterior Features: Porch-Enclosed, Shed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Private

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Moody
  • High School: Middletown

Lot Info

  • Acres: 0.2400
  • Lot Description: Level Lot
  • Zoning: MX

Multi Family

  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4698
  • Total Assessed Value: 106770
  • Mil Rate Base: 35.800
  • Mil Rate Tax District: 8.400
  • Mil Rate Total: 44.000
  • Assessor Parcel Number: 1004064

MLS Schools

  • Elementary School: Moody
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Boccuzzi Nicholas P
Bought by
Patel Samarth and Patel Pranchi
Total Days on Market
4
Current Estimated Value
$392,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Outstanding Balance
$373,190
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$6,214

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 26, 2021
Sold by
Patelli Kenneth and Patelli Kristin A
Bought by
Boccuzzi Nicholas P
Seller's Agent
Betsy Purtell
Purtell Realty LLC
Buyer's Agent
Kris Robinson
Eagle Eye Realty PLLC
List Price
$289,900
Sold Price
$286,000
Premium/Discount to List
-$3,900
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$276,892
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2021
Sold by
Patelli Kenneth
Bought by
Patelli Kenneth and Patelli Kristin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
2.7%
Mortgage Type
Balloon

Purchase Details

Listed on
May 21, 2014
Closed on
Aug 27, 2014
Sold by
Milani Victor J
Bought by
Patelli Kenneth
Seller's Agent
Debbie Huscher
Real Broker CT, LLC
Buyer's Agent
Brent Bell
RE/MAX Premier REALTORS
List Price
$238,000
Sold Price
$245,000
Premium/Discount to List
$7,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$245,000
Interest Rate
4.14%
Mortgage Type
VA

Purchase Details

Closed on
Jan 9, 2007
Sold by
Timbro Emanuele and Timbro Susan E
Bought by
Milani Victor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.24%

Purchase Details

Closed on
Jan 16, 2003
Sold by
Darley Helen B and Darley Devin K
Bought by
Timbro Emanvele and Timbro Susan E

Purchase Details

Closed on
Feb 27, 1991
Sold by
Bartolotta Sebastiana
Bought by
Darley Helen B and Darley Devin J
Source: Public Records

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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
Patel Samarth $415,000 None Available
Patel Samarth $415,000 None Available
Boccuzzi Nicholas P $286,000 None Available
Boccuzzi Nicholas P $286,000 None Available
Patelli Kenneth -- None Available
Patelli Kenneth -- None Available
Patelli Kenneth $245,000 --
Patelli Kenneth $245,000 --
Milani Victor J $257,500 --
Milani Victor J $257,500 --
Timbro Emanvele $189,900 --
Timbro Emanvele $189,900 --
Darley Helen B $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Samarth $373,500
Closed Patel Samarth $373,500
Previous Owner Boccuzzi Nicholas P $276,892
Previous Owner Patelli Kenneth $252,000
Previous Owner Patelli Kenneth $245,000
Previous Owner Darley Helen B $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $286,000 -1.3% $119 / Sq Ft
05/26/2021 05/26/21 For Sale $289,900 +18.3% $120 / Sq Ft
08/14/2014 08/14/14 Sold $245,000 +2.9% $102 / Sq Ft
06/15/2014 06/15/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $238,000 -- $99 / 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 $6,681 $181,540 $48,790 $132,750
2023 $6,372 $181,540 $48,790 $132,750
2022 $4,698 $106,770 $17,790 $88,980
2021 $4,698 $106,770 $17,790 $88,980
2020 $4,719 $106,770 $17,790 $88,980
2019 $4,741 $106,770 $17,790 $88,980
2018 $4,666 $106,770 $17,790 $88,980
2017 $5,426 $127,970 $35,080 $92,890
2016 $5,272 $127,970 $35,080 $92,890
2015 $5,068 $127,970 $35,080 $92,890
2014 $5,119 $127,970 $35,080 $92,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170404107

SmartMLS

APN: MTWN-000022-000000-000097