NOT LISTED FOR SALE

126 Bailey Ave Meriden, CT 06451

Estimated Value: $328,000 - $343,000

4 Beds
2 Baths
2,002 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $127,900 $64 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,249/month

79 Days on Market

Highlights

  • Attic
  • Thermal Windows
  • Outdoor Storage
  • No HOA
  • Accessible Ramps
  • Open Lot

About This Home

As of December 2015

Nice 2 unit multi-family with 2, possible 3 bedrooms 1 bath on first floor and 1 bedroom 1 bath on the 2nd floor featuring an eat-in kitchen in each, formal dining room and den in 1st floor unit, formal living room in each, porch and deck in 1st floor unit, 2 outbuildings, 1 larger with water, electricity and propane oven and a smaller one that is used for storage, located on cul-de-sac, updated electrical and brand new septic tank, great investment opportunity

Last Agent to Sell the Property

Amy Rio

Executive Real Estate Inc. License #REB.0788717 Listed on: 08/26/2015

Executive Real Estate Inc.

Last Buyer's Agent

Ramona B Gonzalez

Berkshire Hathaway NE Prop. License #RES.0269037

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,166

Year Built

  • Built in 1902

Lot Details

  • 0.47 Acre Lot
  • Open Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,002 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessible Ramps

Outdoor Features

  • Outdoor Storage

Schools

  • Pboe Elementary School
  • Orville H. Platt High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,166

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Total Sq Ft: 2002
  • Year Built: 1902
  • Property Sub Type: 2 Family
  • Handicap Features: Bath Grab Bars, Ramps
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: rt 71 (Chamberliain Hwy to Kensington Ave to Bailey Ave
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Unfinished
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Stories Number Of: 2

Exterior Features

  • Exterior Features: Storage Building
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt
  • Total Parking Spaces: 4

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.4700
  • Lot Description: Open Lot

Rental Info

  • Lease Purchase: No

Multi Family

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

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4166
  • Assessor Parcel Number: 1175432

MLS Schools

  • Elementary School: PBOE
  • High School: Orville H. Platt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Jan 4, 2016
Sold by
Arsenault Dennis J and Arsenault Debra A
Bought by
Lorenzo Adelaida and Watkins Dwayne
Seller's Agent
Amy Rio
Executive Real Estate Inc.
Buyer's Agent
Ramona B Gonzalez
Berkshire Hathaway NE Prop.
List Price
$154,998
Sold Price
$127,900
Premium/Discount to List
-$27,098
-17.48%
Current Estimated Value
$336,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,558
Avg. Annual Appreciation
10.10%
Original Mortgage
$121,505
Outstanding Balance
$96,441
Interest Rate
3.98%
Estimated Equity
$240,017
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lorenzo Adelaida $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenzo Adelaida $121,505
Closed Lorenzo Adelaida $7,500
Previous Owner Lorenzo Adelaida $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2015 12/31/15 Sold $127,900 -17.5% $64 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $154,998 -- $77 / 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
2025 $5,864 $146,230 $57,120 $89,110
2024 $5,310 $146,230 $57,120 $89,110
2023 $5,087 $146,230 $57,120 $89,110
2022 $4,824 $146,230 $57,120 $89,110
2021 $4,868 $119,140 $47,250 $71,890
2020 $4,868 $119,140 $47,250 $71,890
2019 $4,865 $119,070 $47,180 $71,890
2018 $4,887 $119,070 $47,180 $71,890
2017 $4,753 $119,070 $47,180 $71,890
2016 $4,167 $113,750 $46,200 $67,550
2015 $4,167 $113,750 $46,200 $67,550
2014 $4,065 $113,750 $46,200 $67,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10074772

SmartMLS

APN: MERI-000522-000249-000061