NOT LISTED FOR SALE

20 Sherman Ave Meriden, CT 06450

Estimated Value: $343,000 - $470,000

6 Beds
3 Baths
3,000 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $299,000 $100 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,827/month

52 Days on Market

Highlights

  • City View
  • Deck
  • Corner Lot
  • ENERGY STAR Certified Homes
  • Property is near public transit
  • No HOA

About This Home

As of March 2018

Although originally this property was built in 1900, it is now brand new 2017 gutted renovated building with new Siding, Roof, Electrical, Plumbing, Heating and Air Condition Units, Windows and Doors. 3 Floors of Approx 800 sqft 2 BR/1 Bath Each Apartment with new Wood Floor, Insulation, Ceiling, Kitchen, Stainless Steel Appliances, Quartz Counter Top, Back Splash Tiles, lighting throughout, Bathroom, Hook Up Ready Washer & Dryer, Closets and Doors.

Last Agent to Sell the Property

Derek Greene

Derek Greene License #REB.0758797 Listed on: 12/01/2017

Last Buyer's Agent

Derek Greene

Derek Greene License #REB.0758797 Listed on: 12/01/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,078

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Garden

Home Design

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

Interior Spaces

  • 3,000 Sq Ft Home
  • Concrete Flooring
  • City Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • Parking Deck
  • Shared Driveway

Eco-Friendly Details

  • Energy-Efficient Insulation
  • ENERGY STAR Certified Homes

Outdoor Features

  • Deck

Location

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heat or Energy Recovery Ventilation System
  • Heat Pump System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Programmable Thermostat
  • Tankless Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Property managed by MGR. By Owner

Additional Features

  • Public Transportation
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,078

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: 3000
  • Public Record Living Room Sq Ft: 2991
  • Total Sq Ft: 3000
  • Year Built: 1900
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Golf Course, Lake, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 4148
  • Directions: Cross Inter section of Center St & Sherman Ave. Meriden, CT 06450.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Walk-Out, Concrete Floor
  • Laundry Room Location: Washer & Dryer Hook Up
  • Attic: No
  • Street Number Modifier: 20

Exterior Features

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

Garage/Parking

  • Driveway Type: Shared, Asphalt

Utilities

  • Cooling System: Heat Pump, Wall Unit
  • Heat Type: Gas on Gas, Heat Pump, Wall Unit
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Domestic, Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: Estimated Annual Cost $2,000 per 3 Units.

Condo/Co-op/Association

  • HOA: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: rkissos@yahoo.com
  • Property Manager Name: 2022 Sherman Avenue, LLC.
  • Property Manager Phone: 718-810-6002
  • Property Mgt Company Name: MGR. By Owner
  • Property Mgt Phone: 718-810-6002

Schools

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

Green Features

  • Energy Features: Energy Star Rated, Extra Insulation, Heat Recovery Unit, Programmable Thermostat

Lot Info

  • Acres: 0.0700
  • Lot Description: City Views, Corner Lot, Level Lot
  • Flood Zone: No
  • Zoning: R-3

Multi Family

  • Gross Annual Income: 43200
  • Net Operating Income: 34000
  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4078
  • Total Assessed Value: 96950
  • Mil Rate Base: 39.920
  • Mil Rate Tax District: 2.140
  • Mil Rate Total: 42.060
  • Assessor Parcel Number: 1173697

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
Dec 1, 2017
Closed on
Mar 12, 2018
Sold by
20 22 Sherman Avenue L
Bought by
Roots Re Llc
Seller's Agent
Derek Greene
Derek Greene
Buyer's Agent
Derek Greene
Derek Greene
List Price
$299,000
Sold Price
$299,000
Total Days on Market
52
Current Estimated Value
$412,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,667
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Mar 1, 2017
Sold by
Wilmington T Co Tr
Bought by
22 22 Sherman Avenue L

Purchase Details

Closed on
Jun 21, 2016
Sold by
Sipavicius Adrian
Bought by
Wilmington T Co Tr

Purchase Details

Closed on
Feb 23, 2005
Sold by
Letteri Vasley L
Bought by
Sipavicius Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
8.87%

Purchase Details

Closed on
Dec 28, 2001
Sold by
Lopez Elvis and Lopez Iris M
Bought by
Letteri Vasley L
Source: Public Records

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Range of Values:

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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
Roots Re Llc $300,000 --
Roots Re Llc $300,000 --
22 22 Sherman Avenue L $58,154 --
22 22 Sherman Avenue L Sherman Avenue L $58,154 --
Wilmington T Co Tr -- --
Wilmington T Co Tr -- --
Sipavicius Adrian $170,000 --
Sipavicius Adrian $170,000 --
Letteri Vasley L $95,000 --
Letteri Vasley L $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Letteri Vasley L $50,000
Previous Owner Letteri Vasley L $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $299,000 0.0% $100 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $299,000 -- $100 / 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 $6,130 $159,180 $24,080 $135,100
2023 $5,909 $159,180 $24,080 $135,100
2022 $5,574 $159,180 $24,080 $135,100
2021 $6,978 $160,300 $24,990 $135,310
2020 $6,959 $160,300 $24,990 $135,310
2019 $6,899 $160,300 $24,990 $135,310
2018 $4,156 $96,180 $24,990 $71,190
2017 $4,078 $96,950 $24,990 $71,960
2016 $4,166 $104,930 $17,500 $87,430
2015 $4,063 $104,790 $17,360 $87,430
2014 $3,964 $104,790 $17,360 $87,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170035775

SmartMLS

APN: MERI-000401-000139-000015A