NOT LISTED FOR SALE

247 Murray St Meriden, CT 06450

Estimated Value: $362,343 - $417,000

5 Beds
2.5 Baths
1,997 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $270,000 $135 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,614/month

4 Days on Market

Highlights

  • Partially Wooded Lot
  • 2 Fireplaces
  • 2 Car Detached Garage
  • Attic
  • No HOA

About This Home

As of October 2021

2 Family Investment or Owner Occupant Opportunity! This property is tucked into a mostly single family home neighborhood and it doesn't even look like a multi. The layout of this home is unique, and features hardwood floors, replacement windows, updated vinyl siding as well as separate utilities including gas heat and hot water. The first floor has 2 bedrooms (or 1 and a dining room) an eat in kitchen and large living room with fireplace as well as the use of 1 bay in the 2 car garage, its own large double closet storage & mudroom. The upper unit has a tremendous amount of space and it feels more like a single family cape cod home. There is a large mudroom at the top of the stairs and a huge roof top deck, just like the first floor there is an eat in kitchen 2 bedrooms (or 1 and a dining room) and a large living room with fireplace. The 2nd level of this unit has 2 more bedrooms and a half bath. What a great opportunity to own and get help with the mortgage or keep the long term tenants and collect on your investment. Long term tenants would like to stay.

Last Agent to Sell the Property

Mark Massaro

Coldwell Banker Realty License #RES.0759415 Listed on: 08/08/2021

Coldwell Banker Realty

Last Buyer's Agent

Libby Johnson

Coldwell Banker Realty License #RES.0810917

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,266

Year Built

  • Built in 1942

Lot Details

  • 0.27 Acre Lot
  • Sloped Lot
  • Partially Wooded Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 1,997 Sq Ft Home
  • 2 Fireplaces
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,266

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1997
  • Public Record Living Room Sq Ft: 1997
  • Total Sq Ft: 1997
  • Year Built: 1942
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 09/06/2021
  • Directions: Gravel to Wall to Murray
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Shared, Paved

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 30 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2700
  • Lot Description: Lightly Wooded, Sloping Lot
  • Zoning: R-1

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5266
  • Mil Rate Base: 40.860
  • Assessor Parcel Number: 1166314

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
Aug 8, 2021
Closed on
Oct 15, 2021
Sold by
Frederick Jonathnna M
Bought by
Jackson Dennisha
Seller's Agent
Mark Massaro
Coldwell Banker Realty
Buyer's Agent
Libby Johnson
Coldwell Banker Realty
List Price
$249,900
Sold Price
$270,000
Premium/Discount to List
$20,100
8.04%
Current Estimated Value
$396,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,086
Avg. Annual Appreciation
10.00%
Original Mortgage
$265,108
Outstanding Balance
$241,229
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,857

Purchase Details

Listed on
Aug 8, 2021
Closed on
Oct 5, 2021
Sold by
Property Management Co
Bought by
Frederick Jonathna M
Seller's Agent
Mark Massaro
Coldwell Banker Realty
Buyer's Agent
Libby Johnson
Coldwell Banker Realty
List Price
$249,900
Sold Price
$270,000
Premium/Discount to List
$20,100
8.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,108
Outstanding Balance
$241,229
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,857

Purchase Details

Closed on
Jan 24, 2014
Sold by
Frederick Jonathan M
Bought by
Fredericks Ent Prop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.47%

Purchase Details

Closed on
Apr 4, 2013
Sold by
Frederick Jonathan M
Bought by
Fredericks Ent Prop Mg

Purchase Details

Closed on
Aug 20, 2001
Sold by
Department Of Housing & Urban Dev
Bought by
Frederick Jonathan

Purchase Details

Closed on
Jun 30, 1995
Sold by
Cahill Timothy and Cahill Kathleen
Bought by
Adams Scott
Source: Public Records

Range of Values:

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Average Value
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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
Jackson Dennisha $270,000 None Available
Jackson Dennisha $270,000 None Available
Frederick Jonathna M -- None Available
Frederick Jonathna M -- None Available
Fredericks Ent Prop -- --
Frederick Johnathan M -- --
Fredericks Ent Prop -- --
Fredericks Ent Prop Mg -- --
Fredericks Ent Prop Mg -- --
Frederick Jonathan $125,000 --
Frederick Jonathan $125,000 --
Adams Scott $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Dennisha $265,108
Closed Jackson Dennisha $265,108
Previous Owner Adams Scott $126,000
Previous Owner Adams Scott $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $270,000 +8.0% $135 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $249,900 -- $125 / 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 $6,479 $161,560 $58,030 $103,530
2024 $5,866 $161,560 $58,030 $103,530
2023 $5,621 $161,560 $58,030 $103,530
2022 $5,450 $165,200 $61,670 $103,530
2021 $5,266 $128,870 $46,690 $82,180
2020 $5,266 $128,870 $46,690 $82,180
2019 $5,268 $128,940 $46,760 $82,180
2018 $5,292 $128,940 $46,760 $82,180
2017 $5,147 $128,940 $46,760 $82,180
2016 $4,910 $134,050 $49,000 $85,050
2015 $4,910 $134,050 $49,000 $85,050
2014 $4,791 $134,050 $49,000 $85,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170427273

SmartMLS

APN: MERI-000206-000092-000017