NOT LISTED FOR SALE

131 E Main St Middletown, CT 06457

Estimated Value: $394,000 - $464,000

8 Beds
3 Baths
2,882 Sq Ft
$149/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $268,000 $93 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,981/month

80 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Enclosed Patio or Porch
  • Attic
  • 2 Car Detached Garage
  • Public Transportation

About This Home

As of September 2019

Three family on corner lot with detached 2 car garage.FULLY RENTED WITH LEASES!!! gas heat on first and second floors.Elec on third.Rents do not include heat and hot water.Multiple decks!Units in good condition!!Seller pays for trash,insurance,taxes,one small elec charge,South District Fire and sewer and water.24 hour notice for showings!!None before 10am and none after 6pm!!

Last Agent to Sell the Property

Gary Garofalo

Hagel & Assoc. Real Estate License #RES.0250862 Listed on: 05/13/2019

Last Buyer's Agent

Jonathan Pagan

William Raveis Real Estate License #RES.0805769

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,595

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 2,882 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Schools

  • Middletown High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Multiple Entries or Exits
  • Enclosed Patio or Porch
  • Property is near public transit

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,595

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2882
  • Public Record Living Room Sq Ft: 2882
  • Total Sq Ft: 2882
  • Year Built: 1900
  • Nearby Amenities: Park, Playground/Tot Lot, Private Rec Facilities, Public Transportation
  • Property Sub Type: 3 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6319
  • Tax Year Updated Dt: 07/29/2019
  • Directions: on the corner of Cooley and East Main
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2700
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: TD

Multi Family

  • Gross Annual Income: 33600
  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5595
  • Mil Rate Base: 34.800
  • Mil Rate Tax District: 4.983
  • Assessor Parcel Number: 1006906

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Sep 20, 2019
Sold by
Fazzino Nicholas J
Bought by
Willocks Clifford W and Willocks Jackie E
Seller's Agent
Gary Garofalo
Hagel & Assoc. Real Estate
Buyer's Agent
Jonathan Pagan
William Raveis Real Estate
List Price
$289,900
Sold Price
$268,000
Premium/Discount to List
-$21,900
-7.55%
Current Estimated Value
$430,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,578
Avg. Annual Appreciation
7.82%
Original Mortgage
$201,000
Outstanding Balance
$175,675
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,039
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
Willocks Clifford W $268,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willocks Clifford W $201,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $268,000 -4.3% $93 / Sq Ft
07/18/2019 07/18/19 Price Changed $279,900 -3.4% $97 / Sq Ft
07/13/2019 07/13/19 For Sale $289,900 +8.2% $101 / Sq Ft
07/06/2019 07/06/19 Off Market $268,000 -- --
06/10/2019 06/10/19 Price Changed $289,900 -3.3% $101 / Sq Ft
05/13/2019 05/13/19 For Sale $299,900 -- $104 / 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 $8,588 $232,050 $52,290 $179,760
2024 $8,217 $232,050 $52,290 $179,760
2023 $7,799 $232,050 $52,290 $179,760
2022 $5,803 $140,650 $20,920 $119,730
2021 $5,777 $140,650 $20,920 $119,730
2020 $5,767 $140,650 $20,920 $119,730
2019 $5,795 $140,650 $20,920 $119,730
2018 $5,595 $140,650 $20,920 $119,730
2017 $5,966 $154,240 $29,790 $124,450
2016 $5,846 $154,240 $29,790 $124,450
2015 $5,717 $154,240 $29,790 $124,450
2014 $5,712 $154,240 $29,790 $124,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170194540

SmartMLS

APN: MTWN-000034-000000-000010