$410,000
SOLD JUN 26, 2024 RENTED FEB 28, 2025

214 Elm St Meriden, CT 06450

5 Beds
2 Baths
1,998 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$205 Per Sq Ft

9% Above List Price

15 Days on Market

Highlights

  • Attic
  • Hot Water Heating System
  • Level Lot
  • Hot Water Circulator

About This Home

As of June 2024

**Multiple offers - all offers due by SUN 5/19 @ 7pm** Freshly updated turn-key 2 family - available as-is or seller can have leases in place with approximate total rental income of about $3,800 per month. 2 beds 1 bath on the 1st floor. 3 beds 1 bath on the 2nd floor. Separate utilities keep owner operating expenses low. New GAS conversion provides efficient heat & hot water. Newly renovated bathrooms. ALL NEW exterior paint, windows, kitchen cabinets, granite counter tops, SS appliances & more. Owner occupy one unit or rent out both! Desirable East Side Meriden location provides easy access to major highways, restaurants, & shopping.

Last Agent to Sell the Property

Nicholle Gargano

eRealty Advisors, Inc. License #RES.0809487 Listed on: 05/06/2024

eRealty Advisors, Inc.

Last Buyer's Agent

Noah Gates

Real Broker CT, LLC License #RES.0817418

Real Broker CT, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 1891

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,998 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic
  • Unfinished Attic

Schools

  • Francis T. Maloney High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1179347

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,516

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Neighborhood: East Meriden
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1998
  • Total Sq Ft: 1998
  • Year Built: 1891
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS
  • Financing Used: VA
  • Living Area Sq Ft Per Public Record: 1998
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Unfinished, Storage Space, Walk-up
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 214

Exterior Features

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

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Francis T. Maloney

Lot Info

  • Acres: 0.17
  • Lot Description: Level Lot
  • Zoning: R-2
  • Parcel #: 1179347

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4516
  • Total Assessed Value: 121660
  • Mil Rate Total: 34.79

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Francis T. Maloney

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jun 26, 2024
Sold by
Why Buy New Motors Llc
Bought by
Smith Kimani
Seller's Agent
Nicholle Gargano
eRealty Advisors, Inc.
Buyer's Agent
Noah Gates
Real Broker CT, LLC
List Price
$375,000
Sold Price
$410,000
Premium/Discount to List
$35,000
9.33%
Views
30
Current Estimated Value
$419,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,271
Avg. Annual Appreciation
-2.53%
Original Mortgage
$402,573
Outstanding Balance
$399,545
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
-$2,141

Purchase Details

Closed on
Sep 9, 2022
Sold by
Iglesias Steven
Bought by
Why Buy New Motorsports

Purchase Details

Closed on
Aug 18, 2022
Sold by
Newrez Llc
Bought by
Iglesias Steven

Purchase Details

Closed on
Aug 25, 2006
Sold by
Lin Wen Mei
Bought by
Kenealy Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,900
Interest Rate
6.83%

Purchase Details

Closed on
Aug 11, 2004
Sold by
Wong Hing Shing
Bought by
Lin W E N Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.16%

Purchase Details

Closed on
Jul 28, 1999
Sold by
Bendel David T and Bendel Gail L
Bought by
Wong Hing Shing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7.61%

Purchase Details

Closed on
Aug 22, 1989
Sold by
Crosle Robert C
Bought by
Bendel David T

Purchase Details

Closed on
Apr 10, 1989
Sold by
Stinehour Stephen R
Bought by
Crosle Robert C
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 Type Sale Price Title Company
Warranty Deed $410,000 None Available
Warranty Deed -- None Available
Warranty Deed $162,888 None Available
Warranty Deed $201,000 --
Warranty Deed $80,000 --
Warranty Deed $58,000 --
Deed $140,000 --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,573 FHA
Previous Owner $174,917 FHA
Previous Owner $197,900 No Value Available
Previous Owner $64,000 No Value Available
Previous Owner $43,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Rented $2,165 -1.6% --
02/10/2025 02/10/25 Under Contract -- -- --
01/08/2025 01/08/25 For Rent $2,200 0.0% --
06/26/2024 06/26/24 Sold $410,000 +9.3% $205 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $375,000 -- $188 / 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 $5,098 $132,370 $36,820 $95,550
2023 $4,516 $121,660 $36,820 $84,840
2022 $4,261 $121,660 $36,820 $84,840
2021 $4,427 $101,710 $41,860 $59,850
2020 $4,415 $101,710 $41,860 $59,850
2019 $4,375 $101,640 $41,790 $59,850
2018 $4,392 $101,640 $41,790 $59,850
2017 $4,275 $101,640 $41,790 $59,850
2016 $3,905 $100,730 $32,550 $68,180
2015 $3,905 $100,730 $32,550 $68,180
2014 $3,811 $100,730 $32,550 $68,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24015635

SmartMLS

APN: MERI-000222-000120-000002