NOT LISTED FOR SALE

128 Grand St Middletown, CT 06457

Estimated Value: $351,000 - $468,921

6 Beds
3 Baths
3,053 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $265,000 $87 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,924/month

48 Days on Market

Highlights

  • City View
  • Property is near public transit
  • No HOA
  • Covered Deck
  • Attic
  • 2-minute walk to Willie Pep Skateboard Park

About This Home

As of December 2022

This multifamily home on Grand St is just minutes from Downtown Middletown and Wesleyan University. This spacious investment property is what you have been waiting for and has finally hit the market. The first floor unit has passed fire inspection and needs your added touches to be 100% complete. The 2nd floor and 3rd floor apartment are ready to go and await your added charm. With the multiple options for heating from oil to gas with separate utilities for each unit this multifamily home with the oversized detached 3 car garage is what you have been waiting for along so look no further. You will find that this property also offers newer water heaters, updated railing on the back decks, and that the roof was replaced back in 2021 so you just need to bring your finishing touches to the table! This property is being sold as is and is subject to probate court. Property back on the market, don’t miss your opportunity on this investment!

Last Agent to Sell the Property

kathleen mullins

Our Home Realty Advisors License #RES.0815131 Listed on: 10/06/2022

Last Buyer's Agent

Santo Gulino

William Raveis Real Estate License #RES.0782992

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,277

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • Asphalt Shingled Roof
  • Asbestos Siding
  • Shingle Siding
  • Masonry

Interior Spaces

  • 3,053 Sq Ft Home
  • Concrete Flooring
  • City Views
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 3 Car Detached Garage
  • Parking Deck
  • Shared Driveway

Outdoor Features

  • Balcony
  • Covered Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Middletown High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Gas Available at Street
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,277

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3053
  • Public Record Living Room Sq Ft: 3053
  • Total Sq Ft: 3053
  • Year Built: 1900
  • Nearby Amenities: Lake, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Public Pool, Public Transportation, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Encumbrances Restrictions: Subject to Probate
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4950
  • Directions: Across from brick apartment building. Park on street.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Full With Hatchway, Unfinished, Concrete Floor, Interior Access, Storage
  • Laundry Room Location: Basement/in-unit
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s), Washer/Dryer Some Units
  • Attic: Yes
  • Street Number Modifier: 128

Exterior Features

  • Exterior Features: Balcony, Covered Deck, Deck, Gutters, Porch
  • Exterior Siding: Shingle, Asbestos
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Masonry

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Shared, Paved
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Gas In Street, Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot Description: City Views, Level Lot
  • Zoning: RPZ

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5277
  • Total Assessed Value: 119940
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 8.300
  • Mil Rate Total: 44.000
  • Assessor Parcel Number: 1007583

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Kleinco Realty Llc
Bought by
128 Grand Llc
Current Estimated Value
$414,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$357,855
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$70,076

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 20, 2022
Sold by
Bailey Edward P Est and Bailey
Bought by
Kleinco Realty Llc
Seller's Agent
kathleen mullins
Our Home Realty Advisors
Buyer's Agent
Santo Gulino
William Raveis Real Estate
List Price
$290,000
Sold Price
$265,000
Premium/Discount to List
-$25,000
-8.62%
Views
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
20.50%
Original Mortgage
$250,000
Interest Rate
6.61%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 26, 2017
Sold by
Gilbert Francis J
Bought by
Bailey Edward P

Purchase Details

Closed on
Sep 30, 1980
Bought by
Gilbert Francis J and Bailey Edward
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 Buyer Sale Price Title Company
128 Grand Llc $450,000 None Available
128 Grand Llc $450,000 None Available
Kleinco Realty Llc $265,000 None Available
Kleinco Realty Llc $265,000 None Available
Bailey Edward P -- --
Bailey Edward P -- --
Gilbert Francis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 128 Grand Llc $360,000
Closed 128 Grand Llc $360,000
Previous Owner Kleinco Realty Llc $270,000
Previous Owner Kleinco Realty Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $265,000 -1.9% $87 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $270,000 -6.9% $88 / Sq Ft
10/06/2022 10/06/22 For Sale $290,000 -- $95 / 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 $7,610 $206,790 $43,670 $163,120
2023 $7,258 $206,790 $43,670 $163,120
2022 $5,277 $119,940 $15,970 $103,970
2021 $5,277 $119,940 $15,970 $103,970
2020 $5,301 $119,940 $15,970 $103,970
2019 $5,325 $119,940 $15,970 $103,970
2018 $5,241 $119,940 $15,970 $103,970
2017 $5,692 $134,250 $35,720 $98,530
2016 $5,531 $134,250 $35,720 $98,530
2015 $5,316 $134,250 $35,720 $98,530
2014 $5,370 $134,250 $35,720 $98,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170527856

SmartMLS

APN: MTWN-000022-000000-000115