NOT LISTED FOR SALE

18 Silver St Middletown, CT 06457

Estimated Value: $208,943 - $387,000

5 Beds
3 Baths
2,768 Sq Ft
$102/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $145,000 $52 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,155/month

12 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • Covered Deck
  • Property is near public transit
  • Porch
  • Ceiling Fan

About This Home

As of March 2021

LOCATION! LOCATION! LOCATION! This three-family home is the perfect investment opportunity for the first time investor, or as an addition to your portfolio of investments.

CHECK OUT THE NEIGHBORHOOD! Fantastic central location. The Post office is 500 feet away. Two minute drive to Middletown’s fantastic Main Street, filled with restaurants, bars, shops and boutiques. Walking distance to Supermarket, Athletic Center(YMCA) and Middlesex Hospital. On the bus line.

Whether your commute brings you north toward Cromwell/Hartford or south toward the beaches, Route 9 is around the corner.

Call and set up an appointment TODAY!!!

Last Agent to Sell the Property

Kelvin Wilson

Berkshire Hathaway NE Prop. License #RES.0796162 Listed on: 03/24/2020

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Kelvin Wilson

Berkshire Hathaway NE Prop. License #RES.0796162 Listed on: 03/24/2020

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,070

Year Built

  • Built in 1900

Lot Details

  • 7,841

Parking

  • Driveway

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,768 Sq Ft Home
  • Ceiling Fan
  • Storage In Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Covered Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

  • Bielefield Elementary School
  • Keigwin Middle School
  • Middletown High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Additional Features

  • Modified Wall Outlets
  • 7,841 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,070

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2768
  • Public Record Living Room Sq Ft: 2768
  • Total Sq Ft: 2768
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Commuter Bus
  • Remarks Public Addendum: The owner recently installed new front concrete steps and repaired rear stairwell and side steps.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5365
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Route 9 south from Cromwell to Middletown exit 12. Make a right at the end of the ramp onto Silver Street. 18 Silver Street is a .5 miles on your left.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Storage Space
  • Basement Description: Full With Walk-Out, Unfinished
  • Laundry Room Location: Laundry Hook up is in the basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Home Automation: Electric Outlet(s)
  • Street Number Modifier: 18

Exterior Features

  • Exterior Features: Covered Deck, Gutters, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Paved

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 2400

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Bielefield
  • Middle School: Keigwin
  • High School: Middletown
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1800
  • Lot Description: Historic District
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RPZ

Multi Family

  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5070
  • Total Assessed Value: 123650
  • Mil Rate Base: 35.800
  • Mil Rate Tax District: 5.203
  • Mil Rate Total: 41.003
  • Assessor Parcel Number: 1008445

MLS Schools

  • Elementary School: Bielefield
  • Middle Jr High School: Keigwin
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2022
Sold by
Zipp Thomas
Bought by
Thomas C Zipp Jr Llc
Current Estimated Value
$282,236

Purchase Details

Listed on
Mar 24, 2020
Closed on
Mar 30, 2021
Sold by
Scruggs Alberta W Est
Bought by
Scruggs Albert W Est
Seller's Agent
Kelvin Wilson
Berkshire Hathaway NE Prop.
Buyer's Agent
Kelvin Wilson
Berkshire Hathaway NE Prop.
List Price
$167,900
Sold Price
$145,000
Premium/Discount to List
-$22,900
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.04%
Source: Public Records

Range of Values:

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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
Thomas C Zipp Jr Llc -- None Available
Scruggs Albert W Est -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zipp Thomas $245,000
Previous Owner Scruggs Alberta $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $145,000 -13.6% $52 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $167,900 -- $61 / 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
2024 $7,436 $210,000 $48,430 $161,570
2023 $7,058 $210,000 $48,430 $161,570
2022 $7,039 $170,610 $27,450 $143,160
2021 $5,079 $123,650 $27,450 $96,200
2020 $5,070 $123,650 $27,450 $96,200
2019 $5,095 $123,650 $27,450 $96,200
2018 $4,919 $123,650 $27,450 $96,200
2017 $4,797 $124,020 $32,290 $91,730
2016 $4,701 $124,020 $32,290 $91,730
2015 $4,597 $124,020 $32,290 $91,730
2014 $4,593 $124,020 $32,290 $91,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170286214

SmartMLS

APN: MTWN-000034-000000-000230