$260,000
SOLD MAR 31, 2025

2 Walnut St Middletown, CT 06457

5 Beds
2 Baths
2,016 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

5% Below List Price

50 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Hot Water Heating System
  • Attic
  • Hot Water Circulator
  • Level Lot

About This Home

As of March 2025

Introducing a promising investment opportunity: a two-family residence featuring distinct up-and-down units. The first-floor unit has two spacious bedrooms, a comfortable living room, and a functional kitchen. Upstairs, the second unit boasts three bedrooms, a generous living area, and kitchen. Each unit is equipped with a full bathroom and in-unit laundry facilities. The property is serviced by one furnace, and has two separate hot water heaters. Additionally, there is a one-car garage on the premises that requires renovation. Please note, the current condition of the garage this property will not qualify for government-backed loans and is being sold "as is." This is an excellent chance for investors or homeowners looking to customize a multi-family dwelling to their preferences.

Last Agent to Sell the Property

Ellen Paklos

William Raveis Real Estate License #RES.0768479 Listed on: 02/05/2025

William Raveis Real Estate

Last Buyer's Agent

Lynn Branciforte

ERA Hart Sargis-Breen License #RES.0752678

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,966

Year Built

  • Built in 1937

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Middletown High School

Utilities

  • Hot Water Heating System
  • Hot Water Circulator
  • Electric Water Heater

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1014557

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,966

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2016
  • Total Sq Ft: 2016
  • Year Built: 1937
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Silver Street to Walnut
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Siding: Cedar
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Unpaved
  • Total Parking Spaces: 4
  • Garage And Parking: Detached Garage, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Upright Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.15
  • Lot Description: Level Lot
  • Zoning: MXI
  • Parcel #: 1014557

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5966

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 31, 2025
Sold by
Espinosa Margarita
Bought by
Lb Realone Llc
Seller's Agent
Ellen Paklos
William Raveis Real Estate
Buyer's Agent
Lynn Branciforte
ERA Hart Sargis-Breen
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Views
56
Current Estimated Value
$257,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,057
Avg. Annual Appreciation
-1.13%
Original Mortgage
$192,500
Outstanding Balance
$191,343
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$66,600

Purchase Details

Closed on
Nov 30, 2004
Sold by
Szpakowski Joseph V
Bought by
Espinosa Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 None Available
Warranty Deed $260,000 None Available
Warranty Deed $180,000 --
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,500 Purchase Money Mortgage
Closed $192,500 Purchase Money Mortgage
Previous Owner $184,000 No Value Available
Previous Owner $135,000 No Value Available
Previous Owner $27,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $260,000 0.0% $129 / Sq Ft
02/16/2025 02/16/25 Price Changed $260,000 -5.5% $129 / Sq Ft
02/08/2025 02/08/25 For Sale $275,000 -- $136 / 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 $6,235 $168,470 $49,590 $118,880
2024 $5,966 $168,470 $49,590 $118,880
2023 $5,662 $168,470 $49,590 $118,880
2022 $4,495 $108,960 $28,180 $80,780
2021 $4,475 $108,960 $28,180 $80,780
2020 $4,468 $108,960 $28,180 $80,780
2019 $4,489 $108,960 $28,180 $80,780
2018 $4,335 $108,960 $28,180 $80,780
2017 $4,460 $115,310 $35,700 $79,610
2016 $4,371 $115,310 $35,700 $79,610
2015 $4,274 $115,310 $35,700 $79,610
2014 $4,270 $115,310 $35,700 $79,610
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24072967

SmartMLS

APN: MTWN-000034-000000-000297