NOT LISTED FOR SALE

Estimated Value: $363,849 - $395,000

5 Beds
2 Baths
2,706 Sq Ft
$142/Sq Ft Est. Value

Last Sold May 01, 2024

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

Est. 2% increase in value since last sale

Current estimated payment $2,814/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 Listed By

Chris Farrell

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

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%
Total Days on Market
5
Views
113
Current Estimated Value
$384,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,462
Avg. Annual Appreciation
1.85%
Original Mortgage
$346,750
Outstanding Balance
$343,449
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$41,513

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
1 Worcester Homes
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%

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
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 $255,374
Previous Owner Kramer Ruth A $261,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: SmartMLS

MLS Number: 24001940

SmartMLS

APN: MTWN-000006-000000-000166