NOT LISTED FOR SALE

242 W Main St Meriden, CT 06451

Estimated Value: $365,000 - $2,255,000

4 Beds
2 Baths
1,748 Sq Ft
$792/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2025

Last sale price $2,100,000 $1,201 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $7,771 / mo

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

Lot Details

  • 9,148

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

9,148 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2025
Sold by
Bought by
Current Estimated Value
$1,384,266

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
$1,939,402
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$555,136

Purchase Details

Listed on
Mar 12, 2021
Closed on
Aug 30, 2021
Sold by
Bought by
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
58.27%

Purchase Details

Closed on
Mar 2, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 2006
Sold by
Bought by

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
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,100,000 --
$150,000 None Available
-- None Available
-- --
-- --
$169,900 --
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,950,000
Previous Owner $127,400
Previous Owner $25,510
Previous Owner $96,200
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Steven Koleno

    Seller's Agent in 2025

    Steven Koleno

    Beycome of Connecticut

    (312) 300-6768

    12,805 Total Sales

    Steven Koleno
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member

    Non-Member

  • Tom Dorso

    Seller's Agent in 2021

    Tom Dorso

    Mapleridge Realty

    (203) 725-7004

    95 Total Sales

    Tom Dorso
    Section Image
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Map

Source: SmartMLS

MLS Number: 24099320

SmartMLS

APN: MERI-000603-000163-000004

Connecticut New Haven County Meriden 06451

242 W Main St, Meriden, CT

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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