NOT LISTED FOR SALE

145 S Main St Middletown, CT 06457

Estimated Value: $350,580

Studio
-- Bath
3,525 Sq Ft
$99/Sq Ft Est. Value

Sale Details

Date Sold: November 9, 2018

Last sale price $210,000 $60 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,223 / mo

83 Days on Market

Highlights

  • 3 Fireplaces
  • Heating System Uses Steam
  • Wood Siding
  • 2 Car Detached Garage

About This Home

As of November 2018

Mixed Use Zone. Incredible opportunity to own a classic turn of the century building on busy, high traffic count Route 17 AKA South Main Street in the heart of vibrant downtown Middletown. This building has been well maintained by the owner, who operated his medical practice here since the late 1970s. There is abundant paved parking with access both from South Main Street ( Rt 17 ) as well as Loveland Street, plus a two car detached garage for additional storage or maintenance equipment. This grand building has numerous period architectural features for you to showcase and add character and charm to your operation, including immensely detailed trim and woodwork, hardwood flooring, fireplaces, an ornate banister and handrail system, oversized windows and doors, and a splendid front entrance foyer. The property is zoned MX and has a variety of uses by right, and more by special exception. Attached to the MLS is the zoning regulations, or they may be found at the town's website. There are three floors, the first and second having been medical offices, and the third is a residential styled apartment. There is also a second utility kitchen in the basement to compliment the break room kitchenette on the first floor. The retired owner has decided to make the property available at an incredibly low price for a quick sale and help ease the costs of the new owner to add their cosmetic touches for their business. No owner financing at this pricing level, thanks.

Last Agent to Sell the Property

Jon Berardino

Berardino Co REALTORS License #RES.0048405 Listed on: 08/17/2018

Co-Listed By

Jason Berardino

Berardino Co REALTORS License #REB.0751231

Last Buyer's Agent

Tom Evans

William Pitt Sotheby's Int'l License #RES.0754487

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,733

Year Built

  • Built in 1894

Lot Details

  • 17,860 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 3,525 Sq Ft Home
  • 3 Fireplaces
  • Partially Finished Basement

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,733

Year Built

Built in 1894

Lot Details

0.41 Acres

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3525
  • Public Record Living Room Sq Ft: 3525
  • Total Sq Ft: 3525
  • Year Built: 1894
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 6317
  • Directions: 145 South Main St
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 3
  • Basement Description: Partially Finished
  • Attic: No

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.4100
  • Lot Description: N/A
  • Zoning: MX

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 8733
  • Mil Rate Base: 33.900
  • Mil Rate Tax District: 8.500
  • Assessor Parcel Number: 1010077

Multi Family

  • Total Num Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2020
Sold by
Hutton Thomas C
Bought by
145 South Main Street Llc
Current Estimated Value
$350,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1
Outstanding Balance
$1
Interest Rate
2.8%
Mortgage Type
Balloon

Purchase Details

Listed on
Aug 17, 2018
Closed on
Nov 7, 2018
Sold by
Wazed Mahmud
Bought by
Hutton Thomas C
Seller's Agent
Jon Berardino
Berardino Co REALTORS
Buyer's Agent
Tom Evans
William Pitt Sotheby's Int'l
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Jul 11, 1977
Bought by
Mahmud A Wazed
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
145 South Main Street Llc -- None Available
Hutton Thomas C $210,000 --
Mahmud A Wazed -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 145 South Main Street Llc $1
Previous Owner Mahmud A Wazed $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2018 11/09/18 Sold $210,000 +5.1% $60 / Sq Ft
08/17/2018 08/17/18 For Sale $199,900 -- $57 / Sq Ft
Source: SmartMLS

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 $13,069 $335,970 $158,180 $177,790
2024 $12,364 $335,970 $158,180 $177,790
2023 $11,793 $335,970 $158,180 $177,790
2022 $12,825 $291,480 $137,550 $153,930
2021 $12,478 $283,590 $137,550 $146,040
2020 $12,622 $285,560 $137,550 $148,010
2019 $8,748 $197,030 $137,550 $59,480
2018 $8,733 $199,850 $137,550 $62,300
2017 $9,898 $233,440 $137,550 $95,890
2016 $9,618 $233,440 $137,550 $95,890
2015 $9,244 $233,440 $137,550 $95,890
2014 $9,338 $233,440 $137,550 $95,890
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jon Berardino

    Berardino Co REALTORS

    Section Image
  • Jason Berardino

    Seller Co-Listing Agent in 2018

    Jason Berardino

    Berardino Co REALTORS

    (203) 915-5595

    40 Total Sales

    Jason Berardino
    Section Image
  • Tom Evans

    Buyer's Agent in 2018

    Tom Evans

    William Pitt

    (860) 659-4000

    22 Total Sales

    Tom Evans
    Section Image
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Map

Source: SmartMLS

MLS Number: 170116580

SmartMLS

APN: MTWN-000026-000000-000386

Connecticut Middlesex County Middletown 06457

145 S Main St, Middletown, CT

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