N
Seller's Agent in 2023
Nancy Currlin
William Raveis Real Estate
(860) 343-6818
52 Total Sales
253 Ridge Rd Middletown, CT 06457
Estimated Value: $662,996
4
Beds
2
Baths
2,374
Sq Ft
$279/Sq Ft
Est. Value
Highlights
- Barn
- Attic
- Corner Lot
- Deck
- 1 Fireplace
- No HOA
About This Home
As of January 2023So many possibilities for this multi-use property! There is a victorian two family, plus a nursery school, plus a work shop, plus garages! The school
pays $3200/month (which is covered by the state) plus utilities. The school has been here for 21 years. The house has two rentals (approximately $1200/month each plus utilities). The work shop can be rented for $1000+ and the bays can be rented for car storage. There's some work that needs to be done, but the potential is endless. Live in one floor and rent out the rest or just be an investor. This unique opportunity is being sold "as is".
Last Agent to Sell the Property
William Raveis Real Estate License #REB.0153077 Listed on: 05/20/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,867
Year Built
- Built in 1869
Lot Details
- 0.97 Acre Lot
- Corner Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 2,374 Sq Ft Home
- 1 Fireplace
- Basement Fills Entire Space Under The House
- Storage In Attic
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 8 Car Detached Garage
- Parking Deck
- Driveway
Outdoor Features
- Deck
- Enclosed patio or porch
Schools
- Middletown High School
Farming
- Barn
Utilities
- Radiator
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $75,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2022
Closed on
Jan 9, 2023
Sold by
Augustine Ft and Augustine
Bought by
253 Ridge Llc
Seller's Agent
Nancy Currlin
William Raveis Real Estate
Buyer's Agent
Tracey Precourt
Century 21 Clemens Group
List Price
$675,000
Sold Price
$525,000
Premium/Discount to List
-$150,000
-22.22%
Views
142
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,996
Avg. Annual Appreciation
8.24%
Original Mortgage
$393,750
Outstanding Balance
$378,082
Interest Rate
6.31%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$262,334
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 253 Ridge Llc | $525,000 | None Available | |
| 253 Ridge Llc | $525,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 253 Ridge Llc | $393,750 | |
| Closed | 253 Ridge Llc | $393,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/11/2023 01/11/23 | Sold | $525,000 | -16.0% | $221 / Sq Ft |
| 09/09/2022 09/09/22 | Pending | -- | -- | -- |
| 06/15/2022 06/15/22 | Price Changed | $625,000 | -7.4% | $263 / Sq Ft |
| 06/07/2022 06/07/22 | For Sale | $675,000 | 0.0% | $284 / Sq Ft |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- |
| 05/20/2022 05/20/22 | For Sale | $675,000 | -- | $284 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $12,244 | $345,780 | $157,370 | $188,410 |
| 2023 | $11,622 | $345,780 | $157,370 | $188,410 |
| 2022 | $10,867 | $263,410 | $102,640 | $160,770 |
| 2021 | $10,819 | $263,410 | $102,640 | $160,770 |
| 2020 | $10,801 | $263,410 | $102,640 | $160,770 |
| 2019 | $10,853 | $263,410 | $102,640 | $160,770 |
| 2018 | $10,479 | $263,410 | $102,640 | $160,770 |
| 2017 | $9,966 | $257,640 | $102,640 | $155,000 |
| 2016 | $10,137 | $267,440 | $102,640 | $164,800 |
| 2015 | $9,913 | $267,440 | $102,640 | $164,800 |
| 2014 | $9,904 | $267,440 | $102,640 | $164,800 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Currlin
-
Jenna Currlin
Seller Co-Listing Agent in 2023
Jenna Currlin
William Raveis Real Estate
(917) 685-8776
38 Total Sales
-
Tracey Precourt
Buyer's Agent in 2023
Tracey Precourt
Century 21 Clemens Group
(860) 490-7515
132 Total Sales
Map
Source: SmartMLS
MLS Number: 170492805
APN: MTWN-000036-000000-000053
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