NOT LISTED FOR SALE

166 Lewis Ave Meriden, CT 06451

Estimated Value: $280,362 - $447,000

8 Beds
3 Baths
3,092 Sq Ft
$120/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $145,000 $47 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,384/month

10 Days on Market

Highlights

  • City View
  • Smart Appliances
  • Smart Locks
  • No HOA
  • Property is near shops
  • 4-minute walk to Columbus Park

About This Home

As of October 2018

Investors take SERIOUS note. Fully rented legal 3 family near all amenities, including Meriden Mall, I-695, gas stations, stores and recreational facilities. Long term tenants with good paying history. Apartments are large and all utilities are separated. Newer windows and good mechanical's (second floor furnace is 5 years old). New roof was put on in 2014. Hallway wiring was done in 2010.

Last Agent to Sell the Property

Michael Stroud

Coldwell Banker Realty License #RES.0779447 Listed on: 07/02/2018

Coldwell Banker Realty

Last Buyer's Agent

Americo Galarza

eXp Realty License #RES.0805183

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,169

Year Built

  • Built in 1895

Lot Details

  • 5,663

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 3,092 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House
  • Smart Appliances

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Smart Lights or Controls
  • Smart Locks
  • Smart Thermostat

Parking

  • Shared Driveway
  • Off-Street Parking
  • Unassigned Parking

Location

  • Property is near shops
  • Property is near a bus stop

Additional Features

  • Modified Wall Outlets
  • Energy-Efficient Lighting
  • 5,663 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,169

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3092
  • Public Record Living Room Sq Ft: 3092
  • Total Sq Ft: 3092
  • Year Built: 1895
  • Nearby Amenities: Basketball Court, Health Club, Library, Medical Facilities, Park, Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5174
  • Directions: West Main St to Lewis Ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No
  • Home Automation: Appliances, Electric Outlet(s), Lighting, Lock(s), Thermostat(s)

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Block, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Driveway, Off Street Parking
  • Driveway Type: Private, Shared, Asphalt

Utilities

  • Heat Type: Hot Air
  • 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

Lot Info

  • Acres: 0.1300
  • Lot Description: City Views
  • Zoning: R-2

Multi Family

  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 4169
  • Mil Rate Base: 39.920
  • Mil Rate Tax District: 2.140
  • Assessor Parcel Number: 1173174

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
Jul 2, 2018
Closed on
Oct 18, 2018
Sold by
Smith Guy R and Smith Dana
Bought by
Soto Jenny E
Seller's Agent
Michael Stroud
Coldwell Banker Realty
Buyer's Agent
Americo Galarza
eXp Realty
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$371,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,841
Avg. Annual Appreciation
14.12%
Original Mortgage
$137,750
Outstanding Balance
$119,879
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$251,962

Purchase Details

Closed on
Dec 1, 2015
Sold by
G & D Smith Llc
Bought by
Smith Guy and Smith Dana

Purchase Details

Closed on
Oct 10, 2014
Sold by
Smith Guy and Smith Dana
Bought by
G & D Smith Llc

Purchase Details

Listed on
Jan 20, 2014
Closed on
Mar 13, 2014
Sold by
Rcm Capital Llc
Bought by
Smith Guy and Smith Dana
Seller's Agent
Melanie Hueffman Heltke
Coldwell Banker Realty
Buyer's Agent
Michael Stroud
Coldwell Banker Realty
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$101,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2009
Sold by
Aurora Loan Services L
Bought by
Rcm Capital Llc

Purchase Details

Closed on
Jun 17, 2009
Sold by
Jones Lawrence V
Bought by
Aurora Loan Services L

Purchase Details

Closed on
Mar 7, 2007
Sold by
Byrd Janice
Bought by
Jones Lawrence

Purchase Details

Closed on
Feb 1, 2005
Sold by
Kennedy Maurice L and Kennedy Vivian L
Bought by
Byrd Janice

Purchase Details

Closed on
Sep 22, 2000
Sold by
Kennedy Todd and Vagas Louis
Bought by
Kennedy Maurice L and Kennedy Vivian L

Purchase Details

Closed on
Mar 7, 2000
Sold by
Pledged Prop 7 Llc
Bought by
Kennedy Todd and Vagas Louis

Purchase Details

Closed on
Mar 11, 1988
Sold by
Lane Clifford W
Bought by
Lane Jeffrey F
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
Soto Jenny E $145,000 --
Smith Guy -- --
G & D Smith Llc -- --
Smith Guy $135,000 --
Rcm Capital Llc $80,000 --
Aurora Loan Services L -- --
Jones Lawrence $245,000 --
Byrd Janice $185,000 --
Kennedy Maurice L $113,000 --
Kennedy Todd $29,900 --
Lane Jeffrey F $9,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Jeffrey F $137,750
Previous Owner Lane Jeffrey F $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2018 10/17/18 Sold $145,000 0.0% $47 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $145,000 +7.4% $47 / Sq Ft
03/12/2014 03/12/14 Sold $135,000 -6.9% $44 / Sq Ft View Prior Sale
02/06/2014 02/06/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $145,000 -- $47 / 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 $5,108 $134,750 $23,800 $110,950
2024 $5,189 $134,750 $23,800 $110,950
2023 $5,002 $134,750 $23,800 $110,950
2022 $4,719 $134,750 $23,800 $110,950
2021 $4,315 $99,120 $20,090 $79,030
2020 $4,303 $99,120 $20,090 $79,030
2019 $4,266 $99,120 $20,090 $79,030
2018 $4,283 $99,120 $20,090 $79,030
2017 $4,169 $99,120 $20,090 $79,030
2016 $4,326 $111,790 $22,540 $89,250
2015 $4,326 $111,580 $22,330 $89,250
2014 $4,221 $111,580 $22,330 $89,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170101634

SmartMLS

APN: MERI-000601-000155-000012