NOT LISTED FOR SALE

181 Elm St Meriden, CT 06450

Estimated Value: $368,853 - $528,000

7 Beds
3 Baths
2,875 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $194,000 $67 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,985/month

109 Days on Market

Highlights

  • Deck
  • No HOA
  • Balcony
  • Property is near public transit
  • Gazebo
  • Porch

About This Home

As of October 2016

Well kept 3 family 5, 5 & 4. Nice yard with Gazebo. All units have 2 A/C units, refrigerator, oven/stove. W/D's are available for each unit. 4 ceiling fans on 1st floor and 1 on flrs 2 & 3. Occupy 1st floor & rent #s 2 & 3 to live mortgage free. or rent all units to return approx$3,000. a month. All units are turn key. Fireplace on 1st & 3rd flrs. Original woodwork and pocket doors on floors 1 & 2. Third floor is a penthouse with cathedral ceilings and skylights.
This Multi ranks at the to[p of 3 family homes in Meriden.

Last Agent to Sell the Property

Walter Pacheco

Berkshire Hathaway NE Prop. License #RES.0776692 Listed on: 04/18/2016

Last Buyer's Agent

Patrick Combs

Dan Combs Real Estate License #REB.0751326

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,875 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Basement

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

Parking

  • 2 Car Garage
  • Varies By Unit
  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Gazebo
  • Rain Gutters
  • Porch

Location

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

Schools

  • Pboe Elementary And Middle School
  • Pboe High School

Utilities

  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,980

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Total Sq Ft: 2875
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Shopping/Mall, Public Trash Pickup, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: South Broad St. to Silver (right or left}, right on Elm St. 181-183 is 3rd house on left.
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Description: Full With Walk-Out
  • Laundry Room Location: Upper Level
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Stories Number Of: 3
  • Street Number Modifier: 181

Exterior Features

  • Exterior Features: Balcony, Deck, Gazebo, Gutters, Lighting, Porch
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking, Unit Garage
  • Garages Number: 2
  • Driveway Type: Asphalt
  • Total Parking Spaces: 6

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Oil
  • Water Source: Public Water In Street
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: PBOE
  • Intermediate School: PBOE

Lot Info

  • Acres: 0.3100
  • Lot Description: Level Lot

Rental Info

  • Landlord Responsibility: Electricity, Heat, Hot Water, Insurance, Sewer, Trash Service, Water
  • Lease Purchase: No

Multi Family

  • Unit Count: 1
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4980
  • Total Assessed Value: 132930
  • Mil Rate Total: 37.470
  • Assessor Parcel Number: 1168961

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Oct 3, 2016
Sold by
Torcello-Masi Irene
Bought by
Carey Sylvia
Seller's Agent
Walter Pacheco
Berkshire Hathaway NE Prop.
Buyer's Agent
Patrick Combs
Dan Combs Real Estate
List Price
$224,900
Sold Price
$194,000
Premium/Discount to List
-$30,900
-13.74%
Current Estimated Value
$445,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,463
Avg. Annual Appreciation
8.48%
Original Mortgage
$177,655
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2001
Sold by
Block Marie and Dichello Angelo R
Bought by
Torcello Irene M
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
Carey Sylvia $194,000 --
Torcello Irene M $175,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheth Sylvia P $217,500
Closed Torcello Irene M $177,655
Previous Owner Torcello Irene M $183,000
Previous Owner Torcello Irene M $175,000
Previous Owner Torcello Irene M $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $194,000 -13.7% $67 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $224,900 -- $78 / 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 $7,343 $190,680 $40,460 $150,220
2023 $7,078 $190,680 $40,460 $150,220
2022 $6,678 $190,680 $40,460 $150,220
2021 $5,939 $136,430 $45,920 $90,510
2020 $5,922 $136,430 $45,920 $90,510
2019 $5,872 $136,430 $45,920 $90,510
2018 $5,895 $136,430 $45,920 $90,510
2017 $5,738 $136,430 $45,920 $90,510
2016 $5,277 $132,930 $35,700 $97,230
2015 $5,154 $132,930 $35,700 $97,230
2014 $5,029 $132,930 $35,700 $97,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10126342

SmartMLS

APN: MERI-000220-000116-000015