NOT LISTED FOR SALE

172 Ridge Rd Middletown, CT 06457

Estimated Value: $146,000 - $442,000

4 Beds
2 Baths
2,000 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $260,000 $130 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,621/month

60 Days on Market

Highlights

  • Partially Wooded Lot
  • Thermal Windows
  • Ceiling Fan
  • No HOA
  • Tankless Water Heater
  • Baseboard Heating

About This Home

As of March 2018

Looking for an investment property? Look no further! This beautiful 2 Family home has been completely renovated from top to bottom. A New roof, Windows, Siding, Electrical, and Tankless hot water heaters are just some of the great upgrades it has to offer. Each unit has brand new cabinets and granite counter tops in both the kitchen and bathroom. You will find new stainless appliances, a washer/dryer and hardwood floors throughout each unit. Easy access to Rt 9 and not far from Main st, Middlesex Hospital, and Wesleyan. The property is fully rented and ready to go.

Last Agent to Sell the Property

Joe Fazzino

eXp Realty License #RES.0798814 Listed on: 11/15/2017

eXp Realty

Last Buyer's Agent

Robin Ungaro

Coldwell Banker Realty License #RES.0800420

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,907

Year Built

  • Built in 1890

Lot Details

  • 0.81 Acre Lot
  • Sloped Lot
  • Partially Wooded Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 2,000 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking

Schools

  • Middletown High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,907

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2000
  • Public Record Living Room Sq Ft: 2000
  • Total Sq Ft: 2000
  • Year Built: 1890
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3286
  • Directions: Main Street Extension to Ridge Rd
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Walk-Out, Unfinished
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.8100
  • Lot Description: Lightly Wooded, Sloping Lot
  • Zoning: RPZ

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4907
  • Mil Rate Base: 33.900
  • Mil Rate Tax District: 4.781
  • Assessor Parcel Number: 1010127

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Jm & 4 Llc
Bought by
Norman Michael
Current Estimated Value
$356,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2017
Closed on
May 10, 2018
Sold by
Norman Michael
Bought by
Jm & 4 Llc
Seller's Agent
Joe Fazzino
eXp Realty
Buyer's Agent
Robin Ungaro
Coldwell Banker Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$195,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2017
Closed on
Mar 14, 2018
Sold by
172 Ridge Road Llc
Bought by
Norman Michael
Seller's Agent
Joe Fazzino
eXp Realty
Buyer's Agent
Robin Ungaro
Coldwell Banker Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2017
Closed on
Jan 18, 2018
Sold by
Reed Collectibles Llc
Bought by
172 Ridge Road Llc
Seller's Agent
Joe Fazzino
eXp Realty
Buyer's Agent
Robin Ungaro
Coldwell Banker Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2016
Sold by
Jp Morgan Chase Bank N
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jul 19, 2007
Sold by
Mancarella Lucille and Mancarella Anna L
Bought by
Coleman Donna and Coleman Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,896
Interest Rate
6.54%
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
Norman Michael -- None Available
Jm & 4 Llc -- --
Norman Michael $260,000 --
172 Ridge Road Llc -- --
Department Of Housing & Urban Dev -- --
Coleman Donna $204,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norman Michael $188,000
Previous Owner Norman Michael $195,000
Previous Owner Coleman Donna $205,939
Previous Owner Coleman Donna $202,896
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2018 03/12/18 Sold $260,000 -1.9% $130 / Sq Ft
01/14/2018 01/14/18 Pending -- -- --
12/23/2017 12/23/17 For Sale $265,000 0.0% $133 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $265,000 0.0% $133 / Sq Ft
10/28/2017 10/28/17 Rented $1,325 0.0% --
10/21/2017 10/21/17 Under Contract -- -- --
10/06/2017 10/06/17 Price Changed $1,325 0.0% $1 / Sq Ft
10/06/2017 10/06/17 For Rent $1,325 -3.6% --
09/22/2017 09/22/17 Under Contract -- -- --
08/25/2017 08/25/17 For Rent $1,375 0.0% --
11/14/2016 11/14/16 Sold $71,100 +0.1% $36 / Sq Ft View Prior Sale
09/01/2016 09/01/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $71,000 0.0% $36 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/23/2016 07/23/16 For Sale $71,000 -- $36 / 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 $8,967 $242,280 $71,200 $171,080
2024 $8,579 $242,280 $71,200 $171,080
2023 $8,143 $242,280 $71,200 $171,080
2022 $7,404 $179,460 $44,980 $134,480
2021 $7,371 $179,460 $44,980 $134,480
2020 $7,358 $179,460 $44,980 $134,480
2019 $7,394 $179,460 $44,980 $134,480
2018 $7,139 $179,460 $44,980 $134,480
2017 $4,907 $126,870 $48,610 $78,260
2016 $4,809 $126,870 $48,610 $78,260
2015 $4,703 $126,870 $48,610 $78,260
2014 $4,698 $126,870 $48,610 $78,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170030679

SmartMLS

APN: MTWN-000035-000000-000087