242 W Main St Meriden, CT 06451
Estimated payment $14,012/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,119
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
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,119 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 04/22/2021 04/22/21 | Pending | -- | -- | -- |
| 03/12/2021 03/12/21 | For Sale | $174,900 | -- | $100 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $127,400 | Commercial | |
| Previous Owner | $25,510 | No Value Available | |
| Previous Owner | $96,200 | No Value Available | |
| Previous Owner | $80,000 | No Value Available |
Source: SmartMLS
MLS Number: 24099320
APN: MERI-000603-000163-000004
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