$70,100
SOLD DEC 8, 2020

1274 E Main St Unit D24 Meriden, CT 06450

2 Beds
1 Bath
1,034 Sq Ft
$330/mo HOA Fee

Recently Sold

$68 Per Sq Ft

28% Above List Price

7 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • Balcony
  • Property is near public transit
  • Elevator
  • Thermal Windows

About This Home

As of December 2020

CASH FLOW DEAL 12% CAP RATE: Large 2 Bed / 1 Bath 1034 SF Condo. Current Tenant Pays $1050/Month. Condo Fee Is $355/Month Which Covers Water Bill, Insurance, And Ground Maintenance. Tenant Pays For All Utilities. Cash Flow Positive $695/Month With 12% Cap Rate. Spacious Kitchen, Central Air, Carpet Throughout, Slider To Balcony, Court Yard In Ground Pool, Rec Room For Party Use, Elevator Service, Assigned Off Street Parking Lot, Convenient Location Close To Schools, Shopping, Bus Line, Parks, Highways. Condo Complex Is Mostly Investor Owners And Is NOT FHA Approved. Conventional Or Cash Sale Only.

Last Agent to Sell the Property

Michael Truong

eXp Realty License #RES.0794690 Listed on: 11/16/2020

eXp Realty

Last Buyer's Agent

Demaree Cooney

Coldwell Banker Realty License #RES.0763416

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 1970

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding

Interior Spaces

  • 1,034 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Visitor Parking
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Balcony

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, property management, pool service, insurance
  • 94 Units
  • Atrium Community
  • Property managed by Premier Property Mgmt

Amenities

  • Public Transportation
  • Coin Laundry
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,004

Year Built

Built in 1970

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1034
  • Public Record Living Room Sq Ft: 1034
  • Total Sq Ft: 1034
  • Year Built: 1970
  • Nearby Amenities: Health Club, Lake, Medical Facilities, Public Pool, Public Transportation, Shopping/Mall
  • Association Amenities: Elevator, Guest Parking, Pool
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: 59.85/month ending on March 2021
  • Unit On Floor Number: 4
  • Directions: I-91 to East Main
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Electric Range, Range Hood, Refrigerator, Dishwasher, Disposal
  • Laundry Room Location: Laundry Area On Each Floor
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: No
  • Street Number Modifier: 1274

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Brick
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Assigned Parking, Parking Lot

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Property Management, Pool Service, Insurance
  • Complex Name: Atrium
  • Levels In Unit: 4
  • HOA Fees: 330
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Email: kwilson@ppmgmtonline.com
  • Property Manager Name: Kevin Wilson
  • Property Mgt Company Name: Premier Property Mgmt
  • Property Mgt Phone: 860-523-0157

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: X

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 1004
  • Total Assessed Value: 24570
  • Mil Rate Base: 40.860
  • Mil Rate Total: 40.860
  • Assessor Parcel Number: 1178968

Multi Family

  • Total Num Of Units: 94

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Dec 8, 2020
Sold by
Settembrini Lawrence and Schock Richard
Bought by
All Sett Realty Llc
Seller's Agent
Demaree Cooney
Coldwell Banker Realty
Buyer's Agent
Sue Hitchcock
Coldwell Banker Realty
Sold Price
$1,175
Current Estimated Value
$160,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,208
Avg. Annual Appreciation
17.49%

Purchase Details

Listed on
Mar 24, 2015
Closed on
Mar 17, 2015
Sold by
Bilodeau Mary Est
Bought by
Scs Llc
Seller's Agent
Vinh Bui
Berkshire Hathaway NE Prop.
Buyer's Agent
Vinh Bui
Berkshire Hathaway NE Prop.
Sold Price
$1,000

Purchase Details

Closed on
Jun 30, 1998
Sold by
Soboleski Lillian T
Bought by
Bilodeau Mary
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Executors Deed $26,500 --
Warranty Deed $37,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $48,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2021 01/31/21 Rented $1,175 0.0% --
01/30/2021 01/30/21 Under Contract -- -- --
01/22/2021 01/22/21 For Rent $1,175 0.0% --
12/08/2020 12/08/20 Sold $70,100 +27.7% $68 / Sq Ft
11/16/2020 11/16/20 For Sale $54,900 0.0% $53 / Sq Ft
04/01/2015 04/01/15 Rented $1,000 0.0% --
04/01/2015 04/01/15 Under Contract -- -- --
03/24/2015 03/24/15 For Rent $1,000 -- --
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 $1,296 $35,700 $0 $35,700
2023 $1,242 $35,700 $0 $35,700
2022 $1,178 $35,700 $0 $35,700
2021 $1,004 $24,570 $0 $24,570
2020 $1,004 $24,570 $0 $24,570
2019 $1,004 $24,570 $0 $24,570
2018 $1,008 $24,570 $0 $24,570
2017 $981 $24,570 $0 $24,570
2016 $1,562 $42,630 $0 $42,630
2015 $1,562 $42,630 $0 $42,630
2014 -- $42,630 $0 $42,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170355295

SmartMLS

APN: MERI-001006-000333K-000032A-D000024