NOT LISTED FOR SALE

167 Franklin St Meriden, CT 06450

Estimated Value: $305,000 - $352,000

4 Beds
2 Baths
2,440 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $83,000 $34 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $2,163/month

10 Days on Market

Highlights

  • Attic
  • No HOA
  • Baseboard Heating
  • 1 Fireplace
  • 2 Car Garage

About This Home

As of June 2018

Great investment opportunity to live in one unit and collect rent on others. Two 2 bedroom units in this multi family home. Great opportunity for owner occupant to own this income producing property*Financing terms available: Cash, Conventional, FHA 203K (Per FHA Appraiser, 4 bedrooms, 2 bathrooms)

Last Agent to Sell the Property

Michael DelGreco

New England Realty Assoc LLC License #REB.0788850 Listed on: 03/26/2018

Last Buyer's Agent

Cheryl Gregory

Classic Real Estate LLC License #REB.0788757

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,434

Year Built

  • Built in 1904

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Concrete Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Concrete Siding

Interior Spaces

  • 2,440 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,434

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Neighborhood: South Meriden
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2440
  • Public Record Living Room Sq Ft: 2440
  • Total Sq Ft: 2440
  • Year Built: 1904
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5215
  • Directions: Franklin St in Meriden CT
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage, Detached Garage
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2200
  • Lot Description: N/A
  • Zoning: R-3

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4434
  • Mil Rate Base: 39.920
  • Mil Rate Tax District: 2.140
  • Assessor Parcel Number: 1170073

Multi Family

  • Total Num Of Units: 2

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 26, 2018
Closed on
Jun 25, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Adorno Rosa J
Seller's Agent
Michael DelGreco
New England Realty Assoc LLC
Buyer's Agent
Cheryl Gregory
Classic Real Estate LLC
List Price
$79,000
Sold Price
$83,000
Premium/Discount to List
$4,000
5.06%
Current Estimated Value
$333,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,014
Avg. Annual Appreciation
20.09%
Original Mortgage
$138,069
Outstanding Balance
$119,407
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$213,607

Purchase Details

Closed on
Mar 8, 2018
Sold by
Chfa
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
May 6, 2016
Sold by
Medina Jessica
Bought by
Connecticut Housing Fi

Purchase Details

Closed on
Jun 2, 2005
Sold by
Aguilar Orosmari
Bought by
Medina Jessica and Guzman Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,300
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1999
Sold by
Francolini Rose
Bought by
Aguilar Orosmari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,092
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Adorno Rosa J $83,000 --
Department Of Housing & Urban Dev -- --
Connecticut Housing Fi -- --
Medina Jessica $199,900 --
Aguilar Orosmari $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Orosmari $138,069
Previous Owner Aguilar Orosmari $198,300
Previous Owner Aguilar Orosmari $11,272
Previous Owner Aguilar Orosmari $45,092
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $83,000 +5.1% $34 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $79,000 -- $32 / 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 $5,254 $138,600 $36,470 $102,130
2024 $5,337 $138,600 $36,470 $102,130
2023 $5,145 $138,600 $36,470 $102,130
2022 $4,854 $138,600 $36,470 $102,130
2021 $4,589 $105,420 $37,730 $67,690
2020 $4,576 $105,420 $37,730 $67,690
2019 $4,537 $105,420 $37,730 $67,690
2018 $4,555 $105,420 $37,730 $67,690
2017 $4,434 $105,420 $37,730 $67,690
2016 $3,989 $102,900 $26,390 $76,510
2015 $3,989 $102,900 $26,390 $76,510
2014 $3,893 $102,900 $26,390 $76,510
Source: Public Records

Agents Affiliated with this Home

  • Michael DelGreco

    Seller's Agent in 2018

    Michael DelGreco

    New England Realty Assoc LLC

    (203) 631-0832

    30 in this area

    197 Total Sales

    Michael DelGreco
    Section Image

  • C

    Buyer's Agent in 2018

    Cheryl Gregory

    Classic Real Estate LLC

See All Agents

Map

Source: SmartMLS

MLS Number: 170065704

SmartMLS

APN: MERI-000401-000138-000002

Connecticut New Haven County Meriden 06450

167 Franklin St, Meriden, CT

Not Listed for Sale

MultiFamily

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