NOT LISTED FOR SALE

254 S Colony St Meriden, CT 06450

Estimated Value: $239,000 - $277,912

5 Beds
3 Baths
2,634 Sq Ft
$100/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $250,000 $95 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,797/month

14 Days on Market

Highlights

  • Finished Attic
  • Attic
  • Baseboard Heating

About This Home

As of July 2024

This 2-family residence presents an excellent investment opportunity for those with a vision for renovation and value appreciation. Priced to reflect its current condition, this property offers significant potential for the savvy investor or homeowner looking to make their mark. The house features two distinct units, offering flexibility for rental income or multigenerational living arrangements. With two bedrooms, the first-floor unit provides comfortable living space with hardwood floors and ample natural light. The second unit, located on the upper level, offers additional living space with a finished attic. This unit comprises three bedrooms and two full baths, providing plenty of room for a growing family or potential rental income. Each unit has its own separate utilities. The exterior of the property features low-maintenance vinyl siding and vinyl replacement windows. With the potential to modernize interiors, upgrade amenities, and enhance curb appeal, this property offers an excellent opportunity to maximize return on investment.

Last Agent to Sell the Property

Jolanta Rojek

eXp Realty License #RES.0788063 Listed on: 04/18/2024

eXp Realty

Co-Listed By

Paul Cranick

eXp Realty License #REB.0793156

Last Buyer's Agent

Veronica Lopez

Weichert Realtors MRG License #RES.0814587

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,209

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Sloped Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,634 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1175310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,209

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: 2634
  • Total Sq Ft: 2634
  • Year Built: 1890
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: gps friendly
  • Financing Used: Other
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Finished, Walk-up
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 254

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.2
  • Lot Description: Sloping Lot
  • Zoning: R
  • Parcel #: 1175310

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4209
  • Total Assessed Value: 113400
  • Mil Rate Total: 37.12

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
Apr 18, 2024
Closed on
Jul 19, 2024
Sold by
Cabana Series Iii T and Us Bank Tna
Bought by
Tavares Ibraltino
Seller's Agent
Jolanta Rojek
eXp Realty
Buyer's Agent
Veronica Lopez
Weichert Realtors MRG
List Price
$219,950
Sold Price
$250,000
Premium/Discount to List
$30,050
13.66%
Views
259
Current Estimated Value
$263,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,478
Avg. Annual Appreciation
4.03%
Original Mortgage
$340,647
Outstanding Balance
$337,350
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
-$76,033

Purchase Details

Closed on
Jan 31, 2024
Sold by
Highsmith Demont
Bought by
Cabana Series Iii T and Us Bank

Purchase Details

Closed on
Jun 18, 2002
Sold by
Morello Joseph
Bought by
Highsmith Demont J and Highsmith Tracee N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,841
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tavares Ibraltino $250,000 None Available
Tavares Ibraltino $250,000 None Available
Cabana Series Iii T -- None Available
Cabana Series Iii T -- None Available
Highsmith Demont J $75,000 --
Highsmith Demont J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tavares Ibraltino $340,647
Closed Tavares Ibraltino $340,647
Previous Owner Highsmith Demont J $20,580
Previous Owner Highsmith Demont J $15,000
Previous Owner Highsmith Demont J $140,250
Previous Owner Highsmith Demont J $73,841
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $250,000 +13.7% $95 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $219,950 -- $84 / 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
2024 $4,367 $113,400 $37,590 $75,810
2023 $4,209 $113,400 $37,590 $75,810
2022 $3,971 $113,400 $37,590 $75,810
2021 $4,047 $92,960 $42,700 $50,260
2020 $4,035 $92,960 $42,700 $50,260
2019 $4,001 $92,960 $42,700 $50,260
2018 $4,017 $92,960 $42,700 $50,260
2017 $3,910 $92,960 $42,700 $50,260
2016 $3,743 $94,290 $33,250 $61,040
2015 $3,656 $94,290 $33,250 $61,040
2014 $3,567 $94,290 $33,250 $61,040
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jolanta Rojek

    eXp Realty

    (860) 230-1879

    3 in this area

    202 Total Sales

    Jolanta Rojek
    Section Image
  • Paul Cranick

    Seller Co-Listing Agent in 2024

    Paul Cranick

    eXp Realty

    (860) 608-5047

    10 in this area

    347 Total Sales

    Paul Cranick
    Section Image
  • Veronica Lopez

    Buyer's Agent in 2024

    Veronica Lopez

    Weichert Realtors MRG

    (860) 839-6027

    2 in this area

    4 Total Sales

    Veronica Lopez
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24008460

SmartMLS

APN: MERI-000114-000063-000010

Connecticut New Haven County Meriden 06450

254 S Colony St, Meriden, CT

This home is located at 254 S Colony St, Meriden, CT 06450 since 18 April 2024 and is currently estimated at $263,478, approximately $100 per square foot. This property was built in 1890. 254 S Colony St is a home located in New Haven County with nearby schools including Casimir Pulaski School, Washington Middle School, and Francis T. Maloney High School.

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.

Nearby Homes