NOT LISTED FOR SALE

Estimated Value: $26,343

-- Bed
-- Bath
50 Sq Ft
$51/mo HOA Fee

Last Sold March 23, 2023

Last sale price $21,000 $420 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $206/month

32 Days on Market

About This Home

As of March 2023

Rare opportunity to purchase up to 2 detached 1-Car Garages in The Meadow's condo complex in Middletown, CT. The pricing for this offering is for a freestanding single 1-Car Garage purchase. Each garage has its own metered power available. The HOA fees are $51/mo. per unit, and annual taxes are $95/yr per unit (including both the Westfield Fire District tax and City of Middletown property taxes). The Seller is firm on pricing. Want a deal? If you purchase both 1-Car Garages together, the combined purchase is eligible for a $1,000 discount ($500 each). Each of these garages is currently rented for $185/mo. on a month-to-month basis. The tenants would like to continue to rent if you don't want to occupy immediately. There are no residency requirements for the ownership of these garages, so you can continue to rent to others (Yield, if both units are purchased, is 7.371%), OR you can purchase and use them yourself. The adjacent unit is G3. If a Buyer wants only one garage, they must purchase the G-4 (the end unit).

Last Agent to Sell the Property

Gregory Hanner

Garden Realty License #REB.0788235 Listed on: 01/30/2023

Last Buyer's Agent

Keri Watkins

William Raveis Real Estate License #RES.0768233

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $145

Year Built

  • Built in 1988

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Utilities

  • No Heating
  • No Hot Water

Additional Features

  • Rain Gutters
  • End Unit

Community Details

  • Association fees include grounds maintenance, snow removal, property management, pest control, road maintenance
  • 54 Units
  • The Meadows Community
  • Property managed by CM Property Management

Property Details

Home Type

Condominium

Est. Annual Taxes

$145

Year Built

Built in 1988

Lot Details

0

HOA Fees

$51 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Sq Ft Est Heated Above Grade: 50
  • Total Sq Ft: 50
  • Year Built: 1988
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Room Count: 1
  • Attic: No
  • Street Number Modifier: 14

Exterior Features

  • Exterior Features: Gutters
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1

Utilities

  • Heat Type: No Heat
  • Hot Water Description: No Hot Water

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management, Pest Control, Road Maintenance
  • Complex Name: The Meadows
  • Levels In Unit: 1
  • HOA Fees: 51
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: cmpm1@cmproperty.com
  • Property Manager Name: Dana Ellis
  • Property Manager Phone: 203-264-6598
  • Property Mgt Company Name: CM Property Management
  • Property Mgt Phone: 203-264-6598

Schools

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

Lot Info

  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: R-15

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 95
  • Total Assessed Value: 2540
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 1.817
  • Mil Rate Total: 37.517
  • Assessor Parcel Number: 2565498

Multi Family

  • Total Num Of Units: 54

MLS Schools

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

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $21,000 -2.3% $420 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/19/2023 02/19/23 For Sale $21,500 0.0% $430 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $21,500 -- $430 / 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 $145 $4,540 $0 $4,540
2023 $136 $4,540 $0 $4,540
2022 $95 $2,540 $0 $2,540
2021 $95 $2,540 $0 $2,540
2020 $95 $2,540 $0 $2,540
2019 $96 $2,540 $0 $2,540
2018 $92 $2,540 $0 $2,540
2017 $93 $2,620 $0 $2,620
2016 $91 $2,620 $0 $2,620
2015 $89 $2,620 $0 $2,620
2014 $89 $2,620 $0 $2,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170547560

SmartMLS

APN: MTWN-000006-000000-000298-R015110