NOT LISTED FOR SALE

259 Pearl St Middletown, CT 06457

Estimated Value: $395,000 - $459,360

9 Beds
3 Baths
3,906 Sq Ft
$108/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $380,000 $97 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,081/month

9 Days on Market

Highlights

  • Deck
  • Attic
  • Public Transportation
  • Property is near public transit
  • Tankless Water Heater
  • 4-minute walk to Willie Pep Skateboard Park

About This Home

As of May 2023

Great investment opportunity! Clean and well maintained 3 unit multi-family. All three units have very similar floor plans and all have been updated. Each unit includes 3 bedrooms, spacious eat-in kitchen with panty and large living room. Two units are currently rented. The second floor is vacant . Perfect for an owner occupant. New (as of 2017), Navien on-demand gas furnace, updated electrical/breakers, updated plumbing and much more. Basement is clean and dry. Five off street parking spots. Near to state parks, restaurants, museums, shopping, medical facilities, plus much more.

Last Agent to Sell the Property

Tracey Precourt

Century 21 Clemens Group License #RES.0793278 Listed on: 04/03/2023

Century 21 Clemens Group

Last Buyer's Agent

Jonathan Zuromski

Real Broker CT, LLC License #REB.0795449

Real Broker CT, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,877

Year Built

  • Built in 1917

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Frame Construction
  • Flat Tile Roof
  • Vinyl Siding

Interior Spaces

  • 3,906 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 5 Parking Spaces
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck

Location

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

Schools

  • Middletown High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1007875

Community Details

Overview

  • 3 Units

Amenities

  • Public Transportation
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,877

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3906
  • Total Sq Ft: 3906
  • Year Built: 1917
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Public Pool, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5784
  • Directions: Washtington to Pearl
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3906
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Laundry Room Location: Basement
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes
  • Street Number Modifier: 259

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Flat
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Paved
  • Total Parking Spaces: 5
  • Garage And Parking: Off Street Parking, Parking Lot

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.1
  • Lot Description: Level Lot
  • Zoning: RPZ
  • Parcel #: 1007875

Multi Family

  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6877
  • Total Assessed Value: 156300
  • Mil Rate Total: 44

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 16, 2023
Sold by
Mattabesett Prop Llc
Bought by
Hafeez Alina
Seller's Agent
Tracey Precourt
Century 21 Clemens Group
Buyer's Agent
Jonathan Zuromski
Real Broker CT, LLC
List Price
$319,900
Sold Price
$380,000
Premium/Discount to List
$60,100
18.79%
Views
143
Current Estimated Value
$420,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,090
Avg. Annual Appreciation
3.93%
Original Mortgage
$361,000
Outstanding Balance
$352,866
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$61,563

Purchase Details

Listed on
Mar 26, 2020
Closed on
Jul 7, 2020
Sold by
Coffey Roderick N and Coffey Sara W
Bought by
Mattabesett Prop Llc
Seller's Agent
Stefania Bramato
Berkshire Hathaway NE Prop.
Buyer's Agent
Tracey Precourt
Century 21 Clemens Group
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.18%

Purchase Details

Listed on
Mar 26, 2020
Closed on
May 29, 2020
Sold by
S & G Holdings Llc
Bought by
Coffey Roderick N and Coffey Sara W
Seller's Agent
Stefania Bramato
Berkshire Hathaway NE Prop.
Buyer's Agent
Tracey Precourt
Century 21 Clemens Group
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%

Purchase Details

Listed on
Jan 29, 2015
Closed on
Feb 20, 2015
Sold by
Fnma
Bought by
Garofalo Salvatore
Seller's Agent
Edward Wormley
Total Realty
Buyer's Agent
Edward Wormley
Total Realty
List Price
$56,000
Sold Price
$60,000
Premium/Discount to List
$4,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.78%

Purchase Details

Closed on
Nov 18, 2014
Sold by
Green Tree Servicing L
Bought by
Fnma

Purchase Details

Closed on
May 3, 2011
Sold by
Hartzell John
Bought by
Hartzell Jeanine

Purchase Details

Closed on
Jul 5, 2006
Sold by
Grimaldi Angelina F and Grimaldi Vincent
Bought by
Hartzell John and Hartzell Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,925
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hafeez Alina $380,000 None Available
Mattabesett Prop Llc -- None Available
Coffey Roderick N $210,000 None Available
Garofalo Salvatore $60,000 --
Fnma -- --
Hartzell Jeanine -- --
Hartzell John $279,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hafeez Alina $361,000
Previous Owner Hartzell John $209,925
Previous Owner Hartzell John $209,925
Previous Owner Hartzell John $41,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $380,000 +18.8% $97 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $319,900 +52.3% $82 / Sq Ft
06/01/2020 06/01/20 Sold $210,000 -4.5% $54 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $219,900 0.0% $56 / Sq Ft
09/30/2016 09/30/16 Rented $1,100 0.0% --
09/20/2016 09/20/16 Under Contract -- -- --
09/16/2016 09/16/16 Price Changed $1,100 -8.3% $1 / Sq Ft
08/12/2016 08/12/16 Price Changed $1,200 -7.7% $1 / Sq Ft
07/26/2016 07/26/16 For Rent $1,300 +8.3% --
07/17/2015 07/17/15 Rented $1,200 0.0% --
07/13/2015 07/13/15 Under Contract -- -- --
06/08/2015 06/08/15 For Rent $1,200 0.0% --
02/20/2015 02/20/15 Sold $60,000 +7.1% $15 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $56,000 -- $14 / 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 $9,366 $254,500 $44,670 $209,830
2023 $8,933 $254,500 $44,670 $209,830
2022 $6,877 $156,300 $16,330 $139,970
2021 $6,877 $156,300 $16,330 $139,970
2020 $6,908 $156,300 $16,330 $139,970
2019 $6,940 $156,300 $16,330 $139,970
2018 $6,830 $156,300 $16,330 $139,970
2017 $6,541 $154,270 $36,390 $117,880
2016 $6,356 $154,270 $36,390 $117,880
2015 $6,109 $154,270 $36,390 $117,880
2014 $6,171 $154,270 $36,390 $117,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170559979

SmartMLS

APN: MTWN-000022-000000-000057