NOT LISTED FOR SALE

255 Broad St Meriden, CT 06450

Estimated Value: $332,554 - $416,000

4 Beds
2 Baths
2,284 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $255,000 $112 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,607/month

9 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Attic
  • Israel Putnam School Rated 9+
  • Finished Attic
  • No HOA

About This Home

As of May 2021

Well-kept 2 family house in the heart of Meriden. Wonderful investment or owner-occupied opportunity. Best feature on this property is the large parking space, Both units have 2 bedrooms, 1 bath, full kitchen, living room, dining room, and plenty of closets. Kitchen and bathrooms in great condition in both units. Common laundry area in the basement. Basement has height and can be finished for potential use. Large Attic Space being used as storage. Close proximity to train station, restaurants, and shopping! Buyers to do their own due diligence for any potential commercial use.
This listing will not last!

Last Agent to Sell the Property

Mildred Reyes

BHGRE Shore & Country License #REB.0792066 Listed on: 03/06/2021

BHGRE Shore & Country

Last Buyer's Agent

Gricelda Avila

LAER Realty Partners License #RES.0785613

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,327

Year Built

  • Built in 1927

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Gable Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,284 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House
  • Finished Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • Paved Parking

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • 60+ Gallon Tank
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,327

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2284
  • Public Record Living Room Sq Ft: 2284
  • Total Sq Ft: 2284
  • Year Built: 1927
  • Nearby Amenities: Commuter Bus, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: Main Street to BROAD STREET
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Finished
  • Basement Description: Full
  • Laundry Room Location: Laundry in Lower level
  • Laundry Room Info: Common Laundry Area
  • Attic: Yes
  • Street Number Modifier: 255

Exterior Features

  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Gable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved
  • Driveway Type: Private

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water, Radiator
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 100 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2100
  • Lot Description: City Views, Level Lot
  • Flood Zone: No
  • Zoning: R-4

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4327
  • Total Assessed Value: 99680
  • Mil Rate Base: 40.860
  • Mil Rate Tax District: 2.550
  • Mil Rate Total: 43.410
  • Assessor Parcel Number: 1176894

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
Mar 6, 2021
Closed on
May 5, 2021
Sold by
Guillermo Arelis M and Valoy Luis E
Bought by
Martinez Edwin
Seller's Agent
Mildred Reyes
BHGRE Shore & Country
Buyer's Agent
Gricelda Avila
LAER Realty Partners
List Price
$249,000
Sold Price
$255,000
Premium/Discount to List
$6,000
2.41%
Current Estimated Value
$387,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,889
Avg. Annual Appreciation
8.78%
Original Mortgage
$191,250
Outstanding Balance
$175,151
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,862

Purchase Details

Closed on
Oct 24, 2003
Sold by
Canning Ronald J
Bought by
Valoy Arelis M and Valoy Luis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.15%
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
Martinez Edwin $255,000 None Available
Valoy Arelis M $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Edwin $191,250
Previous Owner Valoy Arelis M $30,000
Previous Owner Valoy Arelis M $165,000
Previous Owner Valoy Arelis M $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $255,000 +2.4% $112 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $249,000 -- $109 / 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 $6,699 $173,950 $37,870 $136,080
2023 $6,457 $173,950 $37,870 $136,080
2022 $6,133 $175,140 $37,870 $137,270
2021 $4,339 $99,680 $42,980 $56,700
2020 $4,327 $99,680 $42,980 $56,700
2019 $4,290 $99,680 $42,980 $56,700
2018 $4,307 $99,680 $42,980 $56,700
2017 $4,193 $99,680 $42,980 $56,700
2016 $3,799 $98,000 $33,460 $64,540
2015 $3,799 $98,000 $33,460 $64,540
2014 $3,707 $98,000 $33,460 $64,540
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170377552

SmartMLS

APN: MERI-000221-000119-000010