NOT LISTED FOR SALE

21 Saybrook Rd Middletown, CT 06457

Estimated Value: $181,802

-- Bed
-- Bath
2,795 Sq Ft
$65/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $195,000 $70 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,331/month

92 Days on Market

About This Home

As of February 2024

Diamond in the raw! This 3-family house includes two residential units with 3 beds each and a street-level unit that was previously a convenience store. In need of rehabilitation, the property comes with a new roof, and some initial demolition work has been done by the seller. Don't miss out on this must-see opportunity!

Last Agent to Sell the Property

Maricela Herrera

eXp Realty License #RES.0803036 Listed on: 11/29/2023

eXp Realty

Co-Listed By

Johnny Belliza

Five Stars Realty License #RES.0829793

Last Buyer's Agent

Guillermo Araujo

Five Stars Realty License #REB.0794500

Five Stars Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,225

Year Built

  • Built in 1924

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot

Home Design

  • 2,795 Sq Ft Home
  • Brick Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 1011957

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,225

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2795
  • Total Sq Ft: 2795
  • Year Built: 1924
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3278
  • Directions: gps friendly
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 2795
  • Street Type: Road
  • Special Features: None

Interior Features

  • Basement Description: None
  • Attic: No
  • Street Number Modifier: 21

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick
  • Roof Information: Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.07
  • Lot Description: Corner Lot
  • Zoning: MXI
  • Parcel #: 1011957

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4225
  • Total Assessed Value: 125710
  • Mil Rate Total: 33.611

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
Jul 17, 2023
Closed on
Aug 16, 2023
Sold by
21-23 Saybrook Road Llc
Bought by
Yishaq Group Llc
Seller's Agent
Michael Reiman
William Raveis Real Estate
Buyer's Agent
Maricela Herrera
eXp Realty
List Price
$125,000
Sold Price
$160,500
Premium/Discount to List
$35,500
28.4%
Views
15
Current Estimated Value
$181,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,302
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Ocwen Federal Bk
Bought by
21-23 Saybrook Rd Llc

Purchase Details

Closed on
May 31, 1988
Sold by
Nitsche Edward R
Bought by
Paseos Pablo T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
10.18%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yishaq Group Llc $160,500 None Available
Yishaq Group Llc $160,500 None Available
21-23 Saybrook Rd Llc $30,000 --
21-23 Saybrook Rd Llc $30,000 --
Paseos Pablo T $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paseos Pablo T $16,000
Previous Owner Paseos Pablo T $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $195,000 -2.5% $70 / Sq Ft
01/23/2024 01/23/24 Price Changed $200,000 -7.0% $72 / Sq Ft
01/06/2024 01/06/24 For Sale $215,000 +10.3% $77 / Sq Ft
01/06/2024 01/06/24 Off Market $195,000 -- --
12/08/2023 12/08/23 For Sale $215,000 +10.3% $77 / Sq Ft
12/06/2023 12/06/23 Off Market $195,000 -- --
11/29/2023 11/29/23 For Sale $215,000 +34.0% $77 / Sq Ft
08/18/2023 08/18/23 Sold $160,500 +28.4% $57 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $125,000 -- $45 / 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 $4,452 $125,710 $40,250 $85,460
2023 $4,225 $125,710 $40,250 $85,460
2022 $4,262 $103,300 $26,250 $77,050
2021 $4,243 $103,300 $26,250 $77,050
2020 $4,236 $103,300 $26,250 $77,050
2019 $4,256 $103,300 $26,250 $77,050
2018 $4,110 $103,300 $26,250 $77,050
2017 $4,551 $117,660 $26,250 $91,410
2016 $4,292 $113,240 $26,250 $86,990
2015 $4,198 $113,240 $26,250 $86,990
2014 $4,193 $113,240 $26,250 $86,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170612646

SmartMLS

APN: MTWN-000035-000000-000185