NOT LISTED FOR SALE

157 Baileyville Rd Middlefield, CT 06455

Estimated Value: $508,531 - $648,000

2 Beds
3 Baths
1,853 Sq Ft
$303/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $400,000 $216 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,599/month

76 Days on Market

Highlights

  • Lake Front
  • Deck
  • Attic
  • Guest House
  • Finished Attic
  • 1 Fireplace

About This Home

As of May 2022

Dynamic Duo! What a find... a 2 family home and a 2 car garage with workshop on a direct waterfront lot on Lake Beseck! Imagine the possibilities this property can provide. The main house was built in 1880 has charm and character with high ceilings, fieldstone fireplace, and screened-in porch. There is an accessory apartment now being rented out on the 2nd floor. To the left is a 2 car garage/workshop built in 2001 with possibly room for 4 vehicles and could please the car enthusiasts! Currently, there is no water plumbed or sewer hooked up to the building. The places are connected with a deck walkway. You do have access to the Lake, and there is an old dock there. It's on the dam end, so you have the beautiful sound of water falling.

Last Agent to Sell the Property

Debbie Huscher

Real Broker CT, LLC License #RES.0766293 Listed on: 03/03/2022

Real Broker CT, LLC

Last Buyer's Agent

Steven Joseph

Next Key Realty License #REB.0795493

Next Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,982

Year Built

  • Built in 1880

Lot Details

  • 0.53 Acre Lot
  • Lake Front

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,853 Sq Ft Home
  • 1 Fireplace
  • Screened Porch
  • Water Views
  • Basement Fills Entire Space Under The House
  • Finished Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Schools

  • John Lyman Elementary School
  • Coginchaug Regional High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater

Additional Features

  • Guest House
  • Property is near golf course

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,982

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: Baileyville
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1853
  • Public Record Living Room Sq Ft: 1853
  • Total Sq Ft: 1853
  • Year Built: 1880
  • Nearby Amenities: Basketball Court, Golf Course, Lake, Park, Putting Green, Stables/Riding
  • Property Sub Type: 2 Family
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4218
  • Directions: Baileyville Rd, Rt 147
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Finished
  • Basement Description: Full
  • Attic: Yes

Exterior Features

  • Exterior Features: Balcony, Deck, Guest House, Porch-Screened
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Lake, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Public Sewer Connected, Public Sewer In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.5300
  • Lot Description: Water View
  • Zoning: HD1

Multi Family

  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5982
  • Mil Rate Base: 31.820
  • Assessor Parcel Number: 1000709

MLS Schools

  • Elementary School: John Lyman
  • High School: Coginchaug Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 20, 2022
Sold by
Schmidt Jeanne D and Schmidt Richard
Bought by
Nazario Jerry
Seller's Agent
Debbie Huscher
Real Broker CT, LLC
Buyer's Agent
Steven Joseph
Next Key Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$561,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,633
Avg. Annual Appreciation
9.66%
Original Mortgage
$392,755
Outstanding Balance
$373,109
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$188,524
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
Nazario Jerry $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nazario Jerry $392,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $400,000 -5.9% $216 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $425,000 -- $229 / 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 $8,296 $278,400 $103,700 $174,700
2024 $7,812 $278,400 $103,700 $174,700
2023 $7,862 $278,400 $103,700 $174,700
2022 $9,114 $330,700 $103,700 $227,000
2021 $5,982 $188,000 $82,400 $105,600
2020 $6,059 $188,000 $82,400 $105,600
2019 $6,104 $188,000 $82,400 $105,600
2018 $6,484 $188,000 $82,400 $105,600
2017 $6,883 $188,000 $82,400 $105,600
2016 $6,072 $184,900 $79,100 $105,800
2015 $6,226 $184,900 $79,100 $105,800
2014 $6,272 $184,900 $79,100 $105,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170471169

SmartMLS

APN: MFLD-000010-000105-000009