NOT LISTED FOR SALE

188 Pearl St Middletown, CT 06457

Estimated Value: $281,530 - $340,000

5 Beds
2 Baths
2,387 Sq Ft
$129/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $210,000 $88 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,136/month

34 Days on Market

Highlights

  • Attic
  • No HOA
  • 2-minute walk to Willie Pep Skateboard Park

About This Home

As of June 2021

Side by side 2 family with great proximity to all Middletown has to offer. Front unit is newly renovated with 3 bedrooms, 1 bathroom, and bonus room in basement. Back unit is 2 bedrooms, 1 bath, meticulously maintained by current tenant. Broker and Agent are owners.

Last Agent to Sell the Property

Sasha Torchigina

Torch Real Estate Group License #REB.0793277 Listed on: 01/06/2021

Co-Listed By

Zoe Cramer

Broder Commercial, LLC License #RES.0816171

Last Buyer's Agent

Alex Colaiacovo

Agnelli Real Estate License #RES.0768861

Agnelli Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,123

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Interior Spaces

  • 2,387 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Utilities

  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,123

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2387
  • Public Record Living Room Sq Ft: 2387
  • Total Sq Ft: 2387
  • Year Built: 1900
  • Remarks Public Addendum: Back on market due to buyers inability to secure financing. Property passed both inspection and appraisal with previous buyer.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5060
  • Directions: Grand St to Pearl St
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway
  • Attic: Yes
  • Street Number Modifier: 188

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Driveway

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0800
  • Lot Description: N/A
  • Zoning: RPZ

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4123
  • Total Assessed Value: 93290
  • Mil Rate Base: 35.800
  • Mil Rate Tax District: 8.400
  • Mil Rate Total: 44.200
  • Assessor Parcel Number: 1004003

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
Jan 6, 2021
Closed on
Jun 30, 2021
Sold by
188 Pearl Llc
Bought by
Medina
Seller's Agent
Sasha Torchigina
Torch Real Estate Group
Buyer's Agent
Alex Colaiacovo
Agnelli Real Estate
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%
Current Estimated Value
$307,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,633
Avg. Annual Appreciation
7.75%
Original Mortgage
$206,196
Outstanding Balance
$188,706
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$97,974

Purchase Details

Closed on
Nov 20, 2020
Sold by
Cramer Zoe and Torchigina Alexandra
Bought by
188 Pearl Llc

Purchase Details

Closed on
Oct 13, 2005
Sold by
Bartolotta Carmelina and Marchese Lucia
Bought by
Carnahan Melvin D and Carnahan Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.78%
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
Medina $210,000 None Available
188 Pearl Llc -- None Available
Cramer Zoe $120,000 None Available
Carnahan Melvin D $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina $18,927
Closed Medina $9,726
Open Medina $206,196
Closed Medina Floyd J $206,196
Previous Owner Carnahan Melvin D $189,000
Previous Owner Carnahan Melvin D $36,000
Previous Owner Carnahan Melvin D $140,000
Previous Owner Carnahan Melvin D $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $210,000 +5.1% $88 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $199,900 0.0% $84 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $199,900 -- $84 / 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 $5,559 $151,060 $40,430 $110,630
2023 $5,302 $151,060 $40,430 $110,630
2022 $4,105 $93,290 $14,740 $78,550
2021 $4,105 $93,290 $14,740 $78,550
2020 $4,123 $93,290 $14,740 $78,550
2019 $4,142 $93,290 $14,740 $78,550
2018 $4,077 $93,290 $14,740 $78,550
2017 $4,788 $112,920 $31,160 $81,760
2016 $4,652 $112,920 $31,160 $81,760
2015 $4,472 $112,920 $31,160 $81,760
2014 $4,517 $112,920 $31,160 $81,760
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sasha Torchigina

    Torch Real Estate Group

    (860) 838-1771

    21 Total Sales

    Sasha Torchigina
    Section Image
  • Zoe Cramer

    Seller Co-Listing Agent in 2021

    Zoe Cramer

    Broder Commercial, LLC

    (860) 752-4458

    18 Total Sales

    Zoe Cramer
    Section Image
  • Alex Colaiacovo

    Buyer's Agent in 2021

    Alex Colaiacovo

    Agnelli Real Estate

    (860) 878-8559

    53 Total Sales

    Alex Colaiacovo
    Section Image
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Map

Source: SmartMLS

MLS Number: 170364204

SmartMLS

APN: MTWN-000022-000000-000283

Connecticut Middlesex County Middletown 06457

188 Pearl St, Middletown, CT

This home is located at 188 Pearl St, Middletown, CT 06457 since 06 January 2021 and is currently estimated at $307,633, approximately $128 per square foot. This property was built in 1900. 188 Pearl St is a home located in Middlesex County with nearby schools including Macdonough School, Middletown High School, and St John Paul II School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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