$2,100,000
SOLD DEC 4, 2025

242 W Main St Meriden, CT 06451

4 Beds
2 Baths
1,748 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$1,201 Per Sq Ft

22% Below List Price

190 Days on Market

About This Home

As of December 2025

This exceptional income producing investment is comprised of 2 buildings next to each other. Over $700,000 has been invested into the property since 2017. New roofs on both buildings in 2024. The building is comprised of 1, 2, 3 and 4 bed units. Large parking lot. The first floor of main building is 2 retail stores.

Last Agent to Sell the Property

Steven Koleno

Beycome of Connecticut Brokerage Phone: (804) 656-5007 License #REB.0792869 Listed on: 05/28/2025

Last Buyer's Agent

Non Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,055

Year Built

  • Built in 1890

Home Design

  • 1,748 Sq Ft Home
  • Brick Exterior Construction
  • Brick Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • John Barry Elementary School
  • Orville H. Platt High School

Additional Features

  • 9,148 Sq Ft Lot
  • No Hot Water

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1168869

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,055

Year Built

Built in 1890

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: 1748
  • Total Sq Ft: 1748
  • Year Built: 1890
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: Head south on I-91, take Exit 18 to I-691 west, then take Exit 6, turn right onto Lewis Ave, then left on W Main St.
  • Financing Used: Other
  • Street Type: Street
  • Office Attribution Contact: (804) 656-5007
  • Reserve Prospect: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: None
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: No Fuel
  • Hot Water Description: No Hot Water
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.21
  • Lot Description: N/A
  • Zoning: C-1
  • Parcel #: 1168869

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 4055

MLS Schools

  • Elementary School: John Barry
  • High School: Orville H. Platt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2025
Sold by
242-250 West Main St Llc
Bought by
242-250 W Main Meriden La and Atkinson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Outstanding Balance
$1,948,258
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$761,406

Purchase Details

Listed on
Mar 12, 2021
Closed on
Aug 30, 2021
Sold by
Abouchacra Robii
Bought by
Carroll Mark
Seller's Agent
Tom Dorso
Mapleridge Realty
Buyer's Agent
Tom Dorso
Mapleridge Realty
List Price
$174,900
Sold Price
$150,000
Premium/Discount to List
-$24,900
-14.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.51%

Purchase Details

Closed on
Mar 2, 2020
Sold by
Abouchacra Ramez
Bought by
Abouchacra Robii

Purchase Details

Closed on
Jul 10, 2014
Sold by
Abouchacra Ramez R
Bought by
Abouchacra Amal

Purchase Details

Closed on
Jul 26, 2010
Sold by
Abouchacra Ramez
Bought by
Abouchacra Amal

Purchase Details

Closed on
Dec 4, 2006
Sold by
Furrer Trevor
Bought by
Abouchacra Ramez and Abouchacra Amal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2000
Sold by
Derosa Edward G and Derosa Marcia S
Bought by
Furrer Trevor E and Poole Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $2,100,000 --
Warranty Deed $150,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $169,900 --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,950,000 Purchase Money Mortgage
Previous Owner $127,400 Commercial
Previous Owner $25,510 No Value Available
Previous Owner $96,200 No Value Available
Previous Owner $80,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2025 12/04/25 Sold $2,100,000 +10.5% $1,201 / Sq Ft
12/04/2025 12/04/25 Pending -- -- --
08/01/2025 08/01/25 Price Changed $1,900,000 -9.5% $1,087 / Sq Ft
07/28/2025 07/28/25 Price Changed $2,100,000 -15.2% $1,201 / Sq Ft
06/03/2025 06/03/25 Price Changed $2,475,000 -8.3% $1,416 / Sq Ft
05/28/2025 05/28/25 For Sale $2,700,000 +1700.0% $1,545 / Sq Ft
09/01/2021 09/01/21 Sold $150,000 -14.2% $86 / Sq Ft View Prior Sale
04/22/2021 04/22/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $174,900 -- $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
2025 $4,055 $106,960 $38,570 $68,390
2024 $4,119 $106,960 $38,570 $68,390
2023 $3,970 $106,960 $38,570 $68,390
2022 $3,746 $106,960 $38,570 $68,390
2021 $3,203 $73,570 $33,040 $40,530
2020 $3,194 $73,570 $33,040 $40,530
2019 $3,166 $73,570 $33,040 $40,530
2018 $3,179 $73,570 $33,040 $40,530
2017 $3,094 $73,570 $33,040 $40,530
2016 $3,360 $86,660 $35,280 $51,380
2015 $3,360 $86,660 $35,280 $51,380
2014 $3,278 $86,660 $35,280 $51,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24099320

SmartMLS

APN: MERI-000603-000163-000004