NOT LISTED FOR SALE

Estimated Value: $410,000 - $429,000

5 Beds
2 Baths
2,706 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $377,500 $140 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,882/month

5 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Property is near shops
  • Attic
  • Porch
  • Heating system powered by passive solar

About This Home

As of May 2024

Introducing this well-maintained 2-family home offering both comfort and investment potential. This unique property features two separate units: a spacious 1620 sq ft first-floor unit with 3 large bedrooms and 1 bathroom, boasting a vast living area, remodeled kitchen, new flooring, and fresh paint; and a 1079 sq ft second-floor unit with 2 large bedrooms and 1 bathroom, a large living space, and a remodeled kitchen. Both units are full of natural light, and equipped with new electrical panels, separate entrances, and laundry areas, ensuring convenience and privacy. Key highlights include solar panels and a backup battery/generator system for energy efficiency and reliability, alongside a well-kept roof reflecting the property's overall excellent condition. Breathe easy with structural improvements such as new basement columns, moisture barrier sealing, complete attic mold remediation/prevention, and much more! The first-floor unit offers a rental potential of over $1800, while the second-floor could yield $1500, presenting a significant income opportunity. Additional features include two driveways and a two-car garage, providing ample parking and storage space. 148 Miner St is a sought-after location, and a perfect addition to your hands-free rental income portfolio, or an owner-occupant opportunity to live downstairs and rent upstairs! Its combination of updates, sustainable features, and strong rental prospects make it a standout offering in the Middletown area!

Last Agent to Sell the Property

Chris Farrell

Carbutti & Co., Realtors License #RES.0820023 Listed on: 03/06/2024

Last Buyer's Agent

Wesley Krombel

Real Broker CT, LLC License #REB.0794844

Real Broker CT, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,441

Year Built

  • Built in 1810

Lot Details

  • 0.51

Home Design

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

Interior Spaces

  • 2,706 Sq Ft Home
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Partially Finished Attic

Unfinished Basement

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

Parking

  • 2 Car Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near shops
  • Property is near a golf course

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • 60 Gallon+ Electric Water Heater
  • Private Company Owned Well
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Additional Features

  • Heating system powered by passive solar
  • 0.51 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1009271

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,441

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2706
  • Total Sq Ft: 2706
  • Year Built: 1810
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Medical Facilities, Playground/Tot Lot, Shopping/Mall
  • Remarks Public Addendum: The seller has completed many repairs, renovations, and improvements to the property (New burner, new panels, new basement supports, etc). A list of these updates is available. Second-floor tenants are vacating the unit at the end of March. The property will be delivered 100% free of tenants, giving you the perfect opportunity to raise rents to current market rates! A tree recently had fallen and damaged part of the back fence, seller is reviewing options.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Per GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2706
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Partially Finished, Walk-up
  • Basement Description: Full, Unfinished, Hatchway Access, Interior Access
  • Laundry Room Location: Both units (off each kitchen)
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 148

Exterior Features

  • Exterior Features: Porch, Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private
  • Total Parking Spaces: 8
  • Garage And Parking: Detached Garage, Paved, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, 65 Gallon Tank
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Schools

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

Green Features

  • Energy Features: Passive Solar

Lot Info

  • Acres: 0.51
  • Lot Description: Corner Lot Level Lot
  • Zoning: R-15
  • Parcel #: 1009271

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7441
  • Total Assessed Value: 247680
  • Mil Rate Total: 28.3

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
Mar 6, 2024
Closed on
May 1, 2024
Sold by
Stannard Justin P
Bought by
Genovese Michael F
Seller's Agent
Chris Farrell
Carbutti & Co., Realtors
Buyer's Agent
Wesley Krombel
Real Broker CT, LLC
List Price
$399,900
Sold Price
$377,500
Premium/Discount to List
-$22,400
-5.6%
Views
113
Current Estimated Value
$419,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,836
Avg. Annual Appreciation
7.68%
Original Mortgage
$346,750
Outstanding Balance
$341,879
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,457

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 8, 2021
Sold by
Slowther Bette
Bought by
Stannard Justin P
Seller's Agent
Michelle Mazzotta
eXp Realty
Buyer's Agent
Rachael Gifford
The Neighborhood Realty Group
List Price
$349,900
Sold Price
$323,000
Premium/Discount to List
-$26,900
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$330,429
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2008
Sold by
Kramer Ruth A
Bought by
Slowther Bette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
6.01%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Genovese Michael F $377,500 None Available
Genovese Michael F $377,500 None Available
Stannard Justin P $323,000 None Available
Stannard Justin P $323,000 None Available
Slowther Bette $275,000 --
Slowther Bette $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genovese Michael F $346,750
Closed Genovese Michael F $346,750
Previous Owner Stannard Justin P $330,429
Previous Owner Slowther Bette $261,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2024 05/01/24 Sold $377,500 -5.6% $140 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $399,900 +23.8% $148 / Sq Ft
10/08/2021 10/08/21 Sold $323,000 -2.1% $119 / Sq Ft View Prior Sale
08/24/2021 08/24/21 Price Changed $329,900 -5.7% $122 / Sq Ft
08/10/2021 08/10/21 For Sale $349,900 -- $129 / 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 $7,911 $247,680 $63,760 $183,920
2023 $7,441 $247,680 $63,760 $183,920
2022 $6,125 $163,260 $40,270 $122,990
2021 $6,110 $163,260 $40,270 $122,990
2020 $6,119 $163,260 $40,270 $122,990
2019 $6,152 $163,260 $40,270 $122,990
2018 $5,934 $163,260 $40,270 $122,990
2017 $5,863 $165,380 $44,230 $121,150
2016 $5,749 $165,380 $44,230 $121,150
2015 $5,626 $165,380 $44,230 $121,150
2014 $5,627 $165,380 $44,230 $121,150
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24001940

SmartMLS

APN: MTWN-000006-000000-000166