NOT LISTED FOR SALE

26 Summit St Meriden, CT 06450

Estimated Value: $308,000 - $396,000

5 Beds
2 Baths
2,145 Sq Ft
$164/Sq Ft Est. Value

Last Sold May 06, 2020

Last sale price $150,000 $70 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,286/month

2 Days on Market

Highlights

  • Attic
  • 2 Car Detached Garage
  • Baseboard Heating
  • No HOA

About This Home

As of May 2020

Great investment opportunity with both floors currently rented by long term tenants. The first floor is 3 bed 1 bath and the second floor is 2 bed 1 bath. Large rooms with each level having 1 large walk-in closet. Separate utilities, new roof over the 2 car garage with carport, newer vinyl thermopane windows, newer water heaters, and natural gas heat allow for energy savings.

Last Agent to Sell the Property

Jeff Petersen

Century 21 AllPoints Realty License #RES.0794790 Listed on: 03/07/2020

Century 21 AllPoints Realty

Last Buyer's Agent

Jeff Petersen

Century 21 AllPoints Realty License #RES.0794790 Listed on: 03/07/2020

Century 21 AllPoints Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,658

Year Built

  • Built in 1905

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 2,145 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,658

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2145
  • Public Record Living Room Sq Ft: 2145
  • Total Sq Ft: 2145
  • Year Built: 1905
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3345
  • Tax Year Updated Dt: 03/23/2020
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Basement Description: Full With Hatchway
  • Attic: Yes
  • Street Number Modifier: 26

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • 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: 0.1700
  • Lot Description: N/A
  • Zoning: R-2

Multi Family

  • Gross Annual Income: 1750
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4658
  • Total Assessed Value: 108220
  • Mil Rate Base: 40.860
  • Mil Rate Tax District: 2.180
  • Mil Rate Total: 43.040
  • Assessor Parcel Number: 1172966

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 7, 2020
Closed on
Apr 30, 2020
Sold by
Gildardo Hebreo and Gildardo Josefina Rosales
Bought by
Santiago Jerry L
Seller's Agent
Jeff Petersen
Century 21 AllPoints Realty
Buyer's Agent
Jeff Petersen
Century 21 AllPoints Realty
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$351,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,790
Avg. Annual Appreciation
17.10%
Original Mortgage
$147,283
Outstanding Balance
$131,239
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,551

Purchase Details

Closed on
Jul 30, 2001
Sold by
Vehs Erwin O
Bought by
Hebreo Gildardo and Rosales Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,900
Interest Rate
5.99%

Purchase Details

Closed on
Jan 26, 2001
Sold by
Department Of Housing & Urban Dev
Bought by
Ovens Erwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.39%

Purchase Details

Closed on
Jul 17, 1996
Sold by
Kuleza Henry T
Bought by
Rivera Antonio and Roque Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
8.28%
Mortgage Type
Unknown
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
Santiago Jerry L $150,000 None Available
Hebreo Gildardo $106,900 --
Ovens Erwin $48,000 --
Rivera Antonio $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santiago Jerry L $147,283
Previous Owner Rivera Antonio $106,000
Previous Owner Rivera Antonio $105,900
Previous Owner Rivera Antonio $80,000
Previous Owner Rivera Antonio $79,900
Closed Rivera Antonio $5,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2020 05/06/20 Sold $150,000 0.0% $70 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $150,000 -- $70 / 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 $5,054 $131,250 $36,820 $94,430
2023 $4,872 $131,250 $36,820 $94,430
2022 $4,596 $131,250 $36,820 $94,430
2021 $4,714 $108,290 $41,860 $66,430
2020 $4,701 $108,290 $41,860 $66,430
2019 $4,658 $108,220 $41,790 $66,430
2018 $4,676 $108,220 $41,790 $66,430
2017 $4,552 $108,220 $41,790 $66,430
2016 $4,169 $107,520 $32,550 $74,970
2015 $4,169 $107,520 $32,550 $74,970
2014 $4,067 $107,520 $32,550 $74,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170279447

SmartMLS

APN: MERI-000115-000067-000003