NOT LISTED FOR SALE

154 Sherman Ave Meriden, CT 06450

Estimated Value: $276,854 - $394,000

6 Beds
3 Baths
4,650 Sq Ft
$75/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $150,000 $32 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,350/month

81 Days on Market

Highlights

  • No HOA
  • Thermal Windows
  • Level Lot
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of November 2017

Large 3-Family Home Convenient to I-691, I-91 and RT15. Home is Currently Fully Occupied, One Unit with 1-Year Lease and Other Two With Month to Month. This Property Features a Newer Roof, Vinyl Siding, Newer Vinyl Windows, Laundry On Site, Off-Street Parking as Well as a 2-Car Garage, Perfect for Investor or Owner-Occupant.

Last Agent to Sell the Property

Pat Funaro

North Atlantic Realty LLC License #REB.0789130 Listed on: 08/08/2017

Last Buyer's Agent

Amina Blake

KW Legacy Partners License #REB.0789707

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,235

Year Built

  • Built in 1928

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

  • Thermal Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,235

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3550
  • Public Record Living Room Sq Ft: 3550
  • Sq Ft Est Heated Below Grade: 1100
  • Total Sq Ft: 4650
  • Year Built: 1928
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5581
  • Directions: N. Broad St. to Sherman Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Hatchway
  • Attic: No

Exterior Features

  • 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: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2700
  • Lot Description: Level Lot
  • Zoning: R-3

Multi Family

  • Gross Annual Income: 2600
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5235
  • Mil Rate Base: 39.920
  • Mil Rate Tax District: 2.140
  • Assessor Parcel Number: 1179775

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
Aug 8, 2017
Closed on
Nov 28, 2017
Sold by
Wanat Philip A
Bought by
Martinez Maximo
Seller's Agent
Pat Funaro
North Atlantic Realty LLC
Buyer's Agent
Amina Blake
KW Legacy Partners
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$347,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,714
Avg. Annual Appreciation
11.04%
Original Mortgage
$147,283
Outstanding Balance
$121,578
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$226,136

Purchase Details

Closed on
Sep 4, 1998
Sold by
Thompson Douglas K and Glorioso David J
Bought by
Wanat Philip A
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
Martinez Maximo $150,000 --
Martinez Maximo $150,000 --
Wanat Philip A $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wanat Philip A $147,283
Closed Wanat Philip A $12,750
Previous Owner Wanat Philip A $127,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2017 11/28/17 Sold $150,000 -6.2% $32 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $159,900 -- $34 / 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 $6,247 $164,780 $37,730 $127,050
2024 $6,346 $164,780 $37,730 $127,050
2023 $6,117 $164,780 $37,730 $127,050
2022 $5,771 $164,780 $37,730 $127,050
2021 $5,418 $124,460 $38,990 $85,470
2020 $5,403 $124,460 $38,990 $85,470
2019 $5,357 $124,460 $38,990 $85,470
2018 $5,378 $124,460 $38,990 $85,470
2017 $5,235 $124,460 $38,990 $85,470
2016 $4,627 $119,350 $27,300 $92,050
2015 $4,627 $119,350 $27,300 $92,050
2014 $4,515 $119,350 $27,300 $92,050
Source: Public Records

Agents Affiliated with this Home

  • Pat Funaro

    Seller's Agent in 2017

    Pat Funaro

    North Atlantic Realty LLC

    (203) 623-9956

    1 in this area

    34 Total Sales

    Pat Funaro
    Section Image
  • Amina Blake

    Buyer's Agent in 2017

    Amina Blake

    KW Legacy Partners

    (203) 918-6758

    1 in this area

    1 Total Sale

    Amina Blake
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170003577

SmartMLS

APN: MERI-000403-000142-000021

Connecticut New Haven County Meriden 06450

154 Sherman Ave, Meriden, CT

Not Listed for Sale

MultiFamily

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